BoursoBank vs Nordnet — which broker is better?

Pros

• Four Euronext tariffs, from Découverte at EUR 1.99 per order up to EUR 500 to Ultimate Trader at EUR 9.90 up to EUR 10,000 for 30 or more orders a month
• Brokerage on a PEA, PEA 18-25 or PEA-PME is capped at 0.5% of the order, so a EUR 100 PEA order on Découverte costs EUR 0.50
• More than 275 Boursomarkets ETFs with no commission on purchase (75 of them PEA-eligible), plus partner funds and leverage products without brokerage
• No custody fee, free account opening and closing, and no monthly charge on the Découverte tariff
• Boursorama SA is a French bank authorised by the ACPR, supervised by the ACPR and the AMF, and part of the ECB-supervised Société Générale group, listed on Euronext Paris as GLE
• Acts as French paying agent: annual IFU, social contributions and the advance tax deducted on dividends, and the TTF collected on purchases
• A large free information service: real-time Euronext streaming, daily market briefings, partner analyses and the Bourso Campus video course

Cons

• Built for French tax residents: the app route expects a French tax address, a French phone number and possibly a French IBAN, foreign tax residents get in only 'under certain conditions' through a separate route, and they may not trade US markets
• We found no listed options, futures or CFDs in BoursoBank's product list or price brochure, and direct crypto is not offered (crypto only via ETNs); we found no fractional shares and no demo trading account beyond virtual portfolios
• Outside a PEA, Découverte charges 0.60% above EUR 500, and Classic and Trader cost EUR 5.95 in any month without an executed order
• Other European markets start at EUR 11.95 per order, and currency is converted at the next-day rate plus 0.0025 points
• We found service only in French (the general terms make French the sole binding language): phone Monday to Friday 08:00–20:00 and Saturday 08:45–16:30, otherwise the Bourso.IA chatbot (24/7) and written requests through the client area

Pros

• Commission from 0.25% with a SEK 1 minimum on Nordic orders up to SEK 15,600 — small monthly share purchases are genuinely viable
• Starter offers: 'Kom igång' gives commission-free Nasdaq Stockholm trading and refunded fund fees until total savings reach SEK 50,000 (at most 500 free trades in 12 months), and customers joining between 8 September and 31 December 2026 trade the main Nordic exchanges commission-free until 30 June 2027
• Nordnet Bank AB holds a Swedish banking licence under Finansinspektionen, and parent Nordnet AB (publ) is listed on Nasdaq Stockholm as SAVE
• Two separate protection layers: the Swedish deposit guarantee on cash and the Swedish investor compensation scheme on securities
• Broad for a domestic broker — shares, ETFs, mutual funds with no dealing charge, options, futures, warrants, certificates and bonds
• No custody fee, no platform fee, no inactivity fee and no minimum deposit
• Nordnet reports to the Nordic tax authorities and the ISK wrapper removes per-trade capital gains declarations entirely
• Scale that is easy to verify: 2.5 million customers, SEK 1,374 billion of savings capital and 17.6 million trades in a single quarter

Cons

• Residents of Sweden, Norway, Denmark and Finland only — there is no route in from Germany, Austria, Switzerland or the rest of the EU
• Automatic currency exchange costs 0.25%, and the 0.075% route needs a free currency account — open to everyone only on an ordinary aktie- och fonddepå, restricted to private banking and active trading clients on an ISK or KF, and never available on fund orders
• Commission classes step by order size, and the Nordic minimum jumps from SEK 1 to SEK 39 at SEK 15,600 — though a SEK 15,000 order already costs SEK 37.50 at 0.25%, so the real step at the boundary is small
• Support is weekday office hours only, in Nordic languages plus English; there is no 24/5 desk and Trustpilot sentiment is markedly weaker than app-store sentiment
• The Swedish, Norwegian, Danish and Finnish price lists have different structures and different numbers, which makes cross-border comparison genuinely confusing
• No fractional shares on ordinary orders, no demo account, no spot forex and no CFDs — active traders will find the toolkit thinner than a specialist platform