LHV Pank review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
LHV Pank suits Estonian investors who want a bank, a stock broker and a crypto desk under one roof, and who can start with a minimum deposit of $5,000. Costs stay low on the bank side, with a monthly fee of €0 and a stock trade costing €9 per share.
Key facts
- Best for
- Estonian investors who want a bank, a broker and a crypto desk in one place.
- Minimum deposit
- $5,000↗
- Stock trade fee
- €9↗
- Markets
- Stocks, Forex, Options, Futures, Crypto, Bonds, Funds↗
- Regulators
- Estonian Financial Supervision Authority (EFSA)↗
- Investor protection
- EU ICS up to EUR 20,000↗
- Platforms
- LHV Trader, LHV Broker↗
- Legal entity
- AS LHV Pank↗
- Headquarters
- Estonia↗
- Founded
- 1999↗
- Support channels
- Email, Phone↗
- Features
- Crypto, Mobile app
- Pricing model
- No monthly fee, Fixed rate
- Official website
- lhv.ee
Loans
- APR
- 19.67% to 19.9%↗
- Loan amount
- €200 to €15,000↗
- Term
- 1 to 24 months↗
- Arrangement fee
- 2% of the loan sum, from 29.90 EUR↗
- Funding time
- Within a few minutes of signing the agreement↗
- Representative example
- Loan amount 2,400 EUR, contract fee 48 EUR, monthly service fee 3.99 EUR, term 54 months, monthly payment 64.02 EUR, annual rate of charge 19.67%↗
- Rate type
- Fixed↗
- Lender type
- Direct lender↗
- Free early repayment
- Yes↗
- Eligibility
- Aged 18 to 75, monthly income at least EUR 400, Estonian citizen or living in Estonia on a residence permit↗
- Origination fee (%)
- 2%↗
- Loan types
- Personal, Debt-consolidation, Car, Student, Secured, Credit-line, Business↗
Savings
Mortgages
Credit cards
- Card kind
- Credit↗
Debit cards
- Card type
- Debit↗
Facts checked September 26, 2026, 13 sources
Pros and cons
Pros
- No monthly account charge on the price list, at €0
- A stock trade of €9 keeps dealing costs simple
- Markets cover stocks, forex and options
- Two named platforms, LHV Trader and LHV Broker, plus a mobile app
Cons
- Opening an account takes a minimum of $5,000, well above the site median of €7
- Support runs on email and phone only, with no live chat
- Lending is costly, with an annual rate of charge of 19.67% to 19.9%
Who it suits
- Estonian residents who want banking and dealing under one name
- Investors who trade crypto alongside shares and funds
- People saving in a fixed deposit, where the rate is 1.9% to 2.45%
Who should look elsewhere
- Small savers who cannot meet $5,000 on the trading side
- Borrowers put off by an annual rate of charge of 19.67% to 19.9%
- CFI and bunq fans who want a lower entry amount on the trading account
Safety of your money
The bank is supervised by the Estonian Financial Supervision Authority (EFSA) in Estonia, where the group is headquartered. Investment protection runs to EU ICS up to EUR 20,000, so the maximum claim sits well below the deposit side. Crypto services sit under the same supervisor through licence MiCA CASP 529900GJOSVHI055QR67.
Rates and terms
The term deposit pays a fixed rate of 1.9% to 2.45%, and the money returns to your account on the morning the deposit agreement ends. Terms run 1 to 24, and the rate type is fixed, so the return is known in advance. Borrowing is the expensive side: the annual rate of charge runs 19.67% to 19.9%, which sets it well above the site median of 8.85%.
How LHV Pank compares
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Where LHV Pank is available
- Available
- Estonia
- Licence in Estonia
- Estonian Financial Supervision Authority (EFSA) (MiCA CASP 529900GJOSVHI055QR67), checked September 26, 2026, also valid in Estonia
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does it cost to open and run an account?+
The monthly fee on the price list is €0, and the model behind it is a no monthly fee account. A single stock trade costs €9. Deposits on fixed accounts carry no monthly charge either, so costs sit in the rate rather than in maintenance.
How much do I need to start investing?+
The minimum deposit for the trading account is $5,000. That sits well above the site median of €7, so LHV Pank is aimed at accounts with real money behind them rather than first trades.
Who supervises the bank and the crypto side?+
The regulator is the Estonian Financial Supervision Authority (EFSA). Crypto services run under licence MiCA CASP 529900GJOSVHI055QR67, which is a registration with the same Estonian authority rather than a separate overseas entity. The group is headed from Estonia.
How is my money protected?+
Investments sit under EU ICS up to EUR 20,000, so the maximum claim is limited to that ceiling. Deposits carry a separate cover of EU DGS up to EUR 100,000, which is the higher of the two and the one that matters for cash saved in a term account.
What can I actually trade?+
The markets list runs to stocks, forex and options, so stocks, forex, options, futures, crypto, bonds and funds are all available. You can use the LHV Trader and LHV Broker platforms, and a mobile app is listed among the features.
How does a term deposit work?+
The rate is 1.9% to 2.45% at a fixed rate type, and the term runs 1 to 24. The money is repaid to your account on the morning of the last day of the agreement, and the interest is paid at the end of the term.
What does borrowing cost?+
The annual rate of charge is 19.67% to 19.9%, which is a high figure next to the site median of 8.85%. Loan amounts run €200 to €15,000, early repayment is free, and money arrives Within a few minutes of signing the agreement.
Who is this bank for?+
It is built for people living in Estonia, with eligibility tied to a residence permit and a monthly income threshold. Clients can be reached on email and phone, and the bank has traded since 1999, so it is established rather than new.
Sources
- esma.europa.eu/sites/default/files/2024-12/CASPS.csv checked September 26, 2026
Backs: Deposit protection, Headquarters, Investor protection, Legal entity, Regulators, Licences
“ae_homeMemberState=EE”
- en.wikipedia.org/wiki/LHV_Pank checked September 26, 2026
Backs: Founded
“LHV Pank was founded on 9 February 1999 as the investment firm”
- lhv-trader-et.software.informer.com/6.0 checked September 26, 2026
Backs: Markets, Minimum deposit, Platforms
“you can purchase and sell shares, currencies, options and futures”
- lhv.ee/en/consumer-loan checked September 26, 2026
Backs: Loan amount, APR, Free early repayment, Funding time, Lender type, Arrangement fee, Origination fee (%), Representative example
“Loan amount From 200 € to 15,000 €”
- lhv.ee/en/consumer-loans checked September 26, 2026
Backs: Loan types
“Private loans: Home loan, Private loan, Student loan, Margin loan; Consumer loans: Consumer loan, Car loan, Home repair loan, Refinancing Loan, Instalment, Hire-purchase; Corporate loans: Micro loan,...”
- lhv.ee/en/faq/consumer-loan checked September 26, 2026
Backs: Eligibility
“your monthly income is at least EUR 400, you are aged 18 to 75, you are an Estonian citizen or live in Estonia on the basis of a residence permit”
- lhv.ee/en/home-loan checked September 26, 2026
Backs: APRC, Fixed period, Initial rate, Maximum loan to value, Product fee, Purpose
“The annual percentage rate of charge for a home loan is 4.399% on the following sample conditions: loan amount of 170 000 €; interest rate of 4.30% per year; agreement fee of 300 €”
- lhv.ee/et/hinnakiri checked September 26, 2026
Backs: Pricing model, Monthly fee
“Konto haldamine tasuta ... Tähtajaline hoius Intressimäärad 1,90% - 2,45% (EUR)”
- lhv.ee/et/tahtajaline-hoius checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Rate type, Term
“Hoiustatud raha laekub hoiuselepingu viimase päeva hommikul automaatselt sinu kontole ... Intressimakse toimub hoiuperioodi lõpus”
- lhv.ee checked September 26, 2026
Backs: Features
“Mobiiliapp, Kryptovarad”
- lhv.ee/assets/files/investor/AS_LHV_Pank_2026-Q2_ENG.pdf checked September 26, 2026
Backs: Support channels
“info@lhv.ee”
- lhv.ee/en/credit-card checked September 26, 2026
Backs: Card kind
- lhv.ee/en/news/2021/11 checked September 26, 2026
Backs: Stock trade fee
“it is possible to invest globally starting from a transaction fee of 9 euros”
- lhv.ee/et/erakaardid checked September 26, 2026
Backs: Card type
“Erakliendi pangakaardid - private debit cards”
Compiled from 14 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Account fee, Inactivity fee, Retail accounts that lose money.
LHV Pank
Estonian investors who want a bank, a broker and a crypto desk in one place.