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Avanza review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Avanza suits Swedish investors who want a brokerage account with nothing to pay to hold it, and Finansinspektionen supervises the firm with investor protection at EU ICS up to EUR 20,000.

Key facts

Best for
Swedish beginners building a first portfolio of funds and ETFs.
Stock trade fee
SEK 1↗
Account fee
SEK 0↗
Markets
Stocks, ETFs, Funds↗
Regulators
Finansinspektionen↗
Investor protection
EU ICS up to EUR 20,000↗
Platforms
Avanza Platform, Avanza App↗
Legal entity
Avanza Bank Holding AB↗
Headquarters
Sweden↗
Founded
1999↗
Features
Mobile app
Pricing model
Low fees
Audience
Beginners
Official website
avanza.se

Facts checked September 26, 2026, 6 sources

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
WikidataWikipediaXLinkedInTrustpilot

Pros and cons

Pros

  • Account fee of SEK 0 on the brokerage account, ranked 1 of 142.
  • Stock trade fee of SEK 1 per trade, low against the market midpoint.
  • Supervised by Finansinspektionen, with investor protection of EU ICS up to EUR 20,000 behind the account.

Cons

  • Crypto is not among its markets (stocks, etfs and funds), and neither is forex or CFD trading.
  • The trade fee of SEK 1 is the real cost, so active dealing adds up quickly.
  • Trading runs on Swedish platforms, so the product is built for a home market (SE).
Avanza

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Scored 8.9 / 10 by SumCue.

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Who it suits

  • Swedish beginners who want to start small without paying to hold an account.
  • Long term holders of a few funds or ETFs rather than frequent traders.
  • Investors who want a single regulated app for the whole portfolio.

Who should look elsewhere

  • Traders after forex, CFDs or crypto, where CFI lists stocks, etfs and forex.
  • Anyone wanting a wider instrument list at bunq, which offers stocks, etfs and crypto.
  • Borrowers after credit rather than investing, where Fiesta Credito MX is supervised by CONDUSEF.

Safety of your money

Avanza is supervised by Finansinspektionen, the Swedish financial regulator. Investor protection is stated at EU ICS up to EUR 20,000. That figure is the ceiling on a claim against the firm if it cannot return what it holds, so it is worth weighing against the balance you keep there. Protection of this kind answers firm failure, not a fall in the market value of your holdings.

Fees and currency costs

The brokerage account carries an account fee of SEK 0, so nothing is charged to keep it open. Trading costs sit with each deal, and the stock trade fee is SEK 1 per trade, below the middle of the market. The account is priced on a low-fee model, so holding it costs little and dealing is where the money goes.

How Avanza compares

Where Avanza is available

Available
Sweden
Licence in Sweden
Finansinspektionen, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does it cost to hold an Avanza account?+

The account fee is SEK 0 on the brokerage account, so nothing is charged to keep it open. That places it at rank 1 of 142 on account fees. Trading costs sit separately, on each deal rather than on the account.

What does a single stock trade cost?+

The stock trade fee is SEK 1 per trade, charged on the same brokerage account that carries an account fee of SEK 0. Your running cost therefore depends on how often you deal, so a buy and hold investor pays it rarely.

Is Avanza regulated and is my money protected?+

Avanza is supervised by Finansinspektionen, the Swedish regulator, and investor protection is stated at EU ICS up to EUR 20,000. That protection sits under the firm rather than the market, so it answers a failure of the business and not a fall in the value of your holdings.

What can I trade on Avanza?+

The markets list covers stocks, ETFs and funds, which is enough for a plain portfolio of index trackers or individual shares. Crypto is not among its markets (stocks, etfs and funds), nor are forex, CFDs or precious metals, so wider instrument lists sit elsewhere.

Which platforms and apps does Avanza offer?+

Trading runs on the Avanza Platform and the Avanza App (Avanza Platform and Avanza App), and a mobile app is among the listed features. That lets you research on a desktop and place orders in the same account, which suits the beginners the brand is built around.

Is Avanza a good fit for a beginner?+

Beginners are the stated audience (beginners), and the pricing backs that up. The account fee of SEK 0 means nothing to pay while you learn, and the stock trade fee of SEK 1 keeps a first order small. A portfolio of funds or ETFs is easy to hold here.

Who runs Avanza and where is it based?+

The legal entity is Avanza Bank Holding AB, founded 1999 and based in Sweden, with Finansinspektionen as its regulator. The home market shapes the product and the market list, so readers elsewhere should read the fees against their own costs.

Sources

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Minimum deposit, Inactivity fee, Retail accounts that lose money.

Avanza

Avanza

Swedish beginners building a first portfolio of funds and ETFs.

8.9/10See alternatives