Nordnet vs Tiger Brokers — which broker is better?

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

Pros

• At Tiger Brokers Singapore, one Tiger Trade account reaches US, Hong Kong, Singapore, China A-share (Stock Connect) and Australian stocks, plus US and HK options, futures, US Treasuries and over 1,500 funds
• Low SGX pricing at Tiger Brokers Singapore: 0.03% commission plus a 0.03% platform fee (minimums SGD 0.99 and SGD 1), and the SGD 2 quarterly SGX custody fee is waived until further notice
• Licensed group companies in Singapore (MAS), Hong Kong (SFC, CE BMU940) and Australia (ASIC, AFSL 300767) under a Nasdaq-listed parent (TIGR)
• Singapore-specific features: the Cash Boost Account with CDP, CPF and SRS linkage, Singpass onboarding and no minimum deposit
• Free US Level 2 data (NYSE ArcaBook) and a free demo account with USD 1 million in virtual funds
• Auto-invest from USD 2 in US stocks and ETFs, HKD 500 in HK stocks and SGD 100 in SGX stocks, daily to monthly (SGX plans on the 1st and 15th of each month)
• Hong Kong clients can trade BTC, ETH, SOL, AVAX and LINK as retail investors under the SFC licence, with on-chain deposits and withdrawals for BTC and ETH (USDT for professional investors only)

Cons

• China's CSRC Beijing Bureau imposed penalties and confiscations of about RMB 411 million (about USD 59.7 million) on group subsidiaries on 22 May 2026, after an earlier CSRC finding of unlicensed cross-border business reported in January 2023
• US shares are not commission-free in Singapore: USD 0.005 per share commission plus USD 0.005 per share platform fee (minimums USD 0.99 and USD 1 per order) plus a USD 0.003 per share settlement fee
• The New Zealand company is registered as a client money and property service provider but states that it is not licensed by a New Zealand regulator
• Prices, products and protection differ by entity, and some advertised prices (the HK commissions for targeted participants, the US option coupon plan) are time-limited promotions or need activation
• Moving holdings out of Tiger Brokers (HK) costs USD 150 per US stock and HKD 500 per Hong Kong stock, and neither the Singapore nor the Hong Kong pages we read state what currency conversion costs