Verified · 13 June 2026 — based on my own account; market list from the in-app filter (screenshot below).
What it is
Nordnet is the other half of the Nordic retail duopoly with Avanza: Stockholm-based, Nasdaq-listed, serving residents of Sweden, Norway, Denmark and Finland with local tax wrappers (ISK/kapitalförsäkring and their Norwegian, Danish and Finnish equivalents). The interface is great — that, and the wrappers, are why it held the main-broker role in my own setup for many years.
Eligibility: resident, not just citizen
The same wall as Avanza: Nordnet is Nordic-resident infrastructure. Onboarding runs on the national e-ID and a local bank account — in Sweden that means a personnummer, BankID and a Swedish bank; Norway, Denmark and Finland have their own equivalents. A Nordic citizen living abroad can’t simply open and use it, and for everyone else it isn’t a route at all.
What it reaches
17 developed markets online: the four Nordics, the US and Canada, the UK and Ireland, and nine continental European markets (Belgium, France, Italy, Netherlands, Portugal, Switzerland, Spain, Germany, Austria). The in-app filter — screenshot below — even counts the tradeable lines per market: 5,970 US, 2,777 Canada, 982 Sweden, down to 14 for Ireland. There’s also an 18th market that isn’t in the app at all: the Warsaw Stock Exchange (Poland), which Nordnet trades by telephone only — confirmed by Nordnet’s customer service when I asked (June 2026) — currently the only market they handle by phone rather than on the web.
The registry-relevant nuance: that phone access is a single named market, not a catch-all desk. Warsaw aside, you can’t call Nordnet to reach an arbitrary EM or frontier market the way you can with Avanza’s broker desk — there’s no “call us and we’ll see” for the markets this registry exists for. So the online list is effectively the list, with the one Polish exception.
Use it / skip it
Use it as the core account if you’re a Nordic resident: wrappers, interface, cheap developed-market dealing, and arguably the best fund/savings platform in the region. Skip it for everything this registry exists for — for any market beyond the developed 17, you need IBKR or a specialist alongside.
Verdict
Many years as my main broker is its own verdict: for ordinary Nordic investing, Nordnet is excellent, and the interface remains among the best anywhere. But it is a developed-markets-only broker by construction — its one phone-traded market (Warsaw) aside, there’s no catch-all desk to stretch the list to EM or frontier. The setup that follows is the one this registry keeps arriving at: Nordnet (or Avanza) as the local core, IBKR for the world, specialists for the frontier.
Sources
Verified personally: long-running account history; market list and per-market line counts from the in-app market filter (June 2026, screenshot).
Asked Nordnet directly: I put the question to Nordnet’s customer service; they confirmed (Marcus, Nordnet Kundservice, June 2026) that the Warsaw Stock Exchange is currently the only market Nordnet trades by telephone rather than on the web.
