Skip to content
Brokaro

FI · Country profile

Best brokers in Finland

Finnish investors can reallocate tax-free inside an equity savings account (osakesäästötili). Because the account is limited to listed shares, ETF investors still depend on a conventional depot. Per Nordnet, foreign withholding tax, such as on US dividends, is not credited inside the account.

The ranking

Risk warning: CFDs and leveraged products are complex instruments and come with a high risk of losing money rapidly. Investments can fall in value. Past performance is not an indicator of future results.

Brokers available
46of 72
With a local licence
0
Tier-1 regulated
43
Avg. score
4.0

Market in figures

Finland: the broker market in figures

46 of the 72 brokers in our dataset accept clients resident in Finland. The figures below count only what a record documents — a missing entry never counts as a yes.

EUR as an account currency
42of 46
Customer support in Finnish
2of 46
Commission on a €5,000 share order
€0 – €12.5019 providers with a comparable price
No custody fee (documented)
27of 46

Run your own numbers

Country profile

Market profile

Supervision, investor protection and tax — the three points that decide the account.

Finland

FI · Country profile

Local currency
EUR
Local regulator
Finanssivalvonta
Recorded providers
46 of 72

Investor protection

Sijoittajien korvausrahasto — 90 % up to a maximum of EUR 20,000 at Finnish investment firms; with foreign providers their home-country scheme can apply (Nordnet: Swedish investor protection up to SEK 250,000)

The part that decides

Tax notes

Investment income is taxed at 30%, and the part above EUR 30,000 at 34%. On share sales, a deemed acquisition cost of 20% of the sale price can be used instead of the actual cost, or 40% after ten years of holding. If all sales in a year total at most EUR 1,000, the gains are tax-free. Of dividends from listed companies 85% is taxable; Finnish companies withhold 25.5% in advance. Trading through a foreign broker, you report gains and losses yourself. Shares are in principle subject to a 1.5% transfer tax; purchases on a stock exchange are usually exempt, but listed Finnish shares bought through a foreign broker only if the broker files an annual report with the tax administration or you file a return within two months. An osakesäästötili accepts cash only, up to EUR 100,000, and listed shares only; switching inside is tax-free, and only the return portion of a withdrawal is taxed (the provider withholds 30%). Losses count there only when the account is closed, and one account per person is allowed.

Brokers that withhold tax locally

Our dataset records these providers as tax withholding agents for this country. Whether that removes the need to declare the income yourself is something we have not checked for this country. The country's tax law decides.

Orientation based on the general legal position — not tax advice. Your personal situation and the legislation in force at the time govern.

Available here

The ranking

Ranked by our overall score across ten weighted criteria. Only providers that accept clients resident here.

See all brokers
Where you live decides which brokers and promotions are open to you. The page language is independent of it.

Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.

Rank 1

Charles Schwab

The full-service US giant that also owns thinkorswim, a professional-grade trading platform.

  • US long-term investors
  • Options and futures traders
Stocks (per order)
Free
Minimum deposit
None
FX conversion
1 %
StocksETFsOptionsFutures+5
  • Pros: USD 0 commission on every online listed US stock and ETF order, with no share cap and no proprietary-fund restrictions
  • Cons: No spot cryptocurrency trading — only ETFs, futures and crypto-adjacent equities, which puts Schwab behind Fidelity and well behind Robinhood
Group index 93/100
SECFINRA, FDIC
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 2IG logo

IG

The most complete leveraged-trading operation in Europe — and it prices like it knows that.

  • Experienced CFD and spread bet traders
  • Multi-asset traders who want one account

Volume rebate — CFD volume rebate at the Bermuda entity

Stocks (per order)
Free
Minimum deposit
None
FX conversion
0.8 %
StocksETFsOptionsFutures+9
  • Pros: Around 17,000 tradable markets in a single account — shares, indices, FX, commodities, bonds, ETFs, turbo warrants and crypto CFDs, subject to regional restrictions
  • Cons: The 0.8% currency conversion mark-up on foreign-currency CFD and spread bet trades is where much of the real cost hides — on a USD position round-trip it comfortably exceeds the spread
Group index 100/100
FCABaFin, FINMA, ASIC, MAS, JFSA, DFSA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 3Interactive Brokers logo

Interactive Brokers

The cheapest serious route to almost every market on earth — if you can live with the learning curve.

  • Active and professional traders
  • Multi-currency investors

Up to USD 1,000 in stock — Referral programme with share credit

Note: this button leads to the Interactive Brokers home page and is not a referral link. The share credit is only available if you open the account through an invitation from an existing Interactive Brokers client.

Stocks (per order)
0.05 %
Minimum deposit
None
FX conversion
0 %
StocksETFsOptionsFutures+8
  • Pros: US stocks from USD 0.0035 per share on the Tiered plan, minimum USD 0.35 per order and capped at 1% of trade value
  • Cons: Customer support is the most common complaint: many requests go through the ticket system, and public reviews (e.g. on Trustpilot) often cite slow replies and template answers
Group index 90/100
SECFCA, CBI, ASIC, MAS
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 4CMC Markets logo

CMC Markets

One of the best charting packages in retail CFD trading, wrapped around a narrower product range than the market count suggests.

  • Technical and chart-driven traders
  • UK and Irish spread betting
Stocks (per order)
Free (CFD)
Minimum deposit
None
FX conversion
0.7 %
StocksETFsOptionsForex+6
  • Pros: Next Generation is one of the strongest charting suites bundled with a retail CFD account —115+ indicators, 70 chart patterns, 12 chart types and pattern-recognition scanners, at no extra cost
  • Cons: None of CMC's derivatives is exchange-traded: the options it quotes are OTC and cash-settled, and there are no cleared futures at all, so CMC is the counterparty on every derivative contract and no clearing house stands behind it
Group index 94/100
FCAASIC, BaFin, MAS
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 5

Pepperstone

Raw spreads and five platforms for traders who care about execution cost, not about owning the asset.

  • Active FX traders
  • Scalping and day trading

From 0.0 pips — Raw spreads from 0.0 pips with commission

Stocks (per order)
0.1 % (CFD)
Minimum deposit
US$10
FX conversion
n/a
StocksETFsForexCFDs+5
  • Pros: Razor all-in EUR/USD cost of about 0.8 pips - a 0.0 to 0.1 pip raw spread plus USD 3.50 per lot per side
  • Cons: Everything is a CFD. You never own the share or ETF, so there are no voting rights, no transferable holdings and no dividend tax reclaim
Group index 82/100
FCAASIC, BaFin, CySEC, DFSA, SCB, CMA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 6Saxo logo

Saxo

A Danish bank that trades like a professional platform — broad, polished, and no longer expensive.

  • Multi-asset portfolios
  • Bond investors

Tiered — Improved pricing at higher account tiers

Stocks (per order)
0.08 %
Minimum deposit
None
FX conversion
0.25 %
StocksETFsOptionsFutures+7
  • Pros: Full Danish banking licence (Finanstilsynet licence 1149) and SIFI designation — a stronger structural safeguard than a broker-only permission
  • Cons: Currency conversion costs 0.25% over mid-market for EU and Swiss clients, and up to 0.60% at the UK entity's Classic tier — the single largest hidden cost for cross-currency investors
Group index 96/100
DFSAFCA, FINMA, MAS, JFSA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 7Capital.com logo

Capital.com

A polished retail CFD platform in Europe, provided you accept that CFDs are the whole product.

  • Active CFD traders
  • Forex day trading
Stocks (per order)
in the spread
Minimum deposit
US$20
FX conversion
0.7 %
StocksETFsForexCFDs+4
  • Pros: No commission on any CFD and no inactivity fee whatsoever — unusual in the CySEC/FCA CFD segment
  • Cons: 0.7% currency conversion markup on every trade settled outside your base currency — the single largest hidden cost here
Group index 77/100
FCAASIC, CySEC
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 8XTB logo

XTB

One of the strongest trading platforms in the commission-free bracket - xStation 5 is a professional workspace attached to a zero-commission share account.

  • Serious charting on a budget
  • Commission-free European stocks

0% — 0% commission on stocks and ETFs up to the monthly volume cap

Stocks (per order)
Free
Minimum deposit
None
FX conversion
0.5 %
StocksETFsOptionsForex+4
  • Pros: xStation 5 is one of the strongest platforms in the commission-free bracket - a real screener, market heat map, sentiment data, economic calendar and news in one workspace, on web, desktop and mobile with near-identical features.
  • Cons: The 0.5% currency conversion charge (0.8% at weekends and on public holidays) applies whenever the instrument currency differs from your account currency. For a EUR investor buying US stocks it is charged on the way in and again on the way out, and it dwarfs the commission it replaces.
Group index 72/100
FCAKNF, CySEC, CNMV, DFSA, FSCA, FSC
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 9CapTrader logo

CapTrader

Interactive Brokers' market access wrapped in German regulation, German support and a German phone number.

  • German-speaking options and futures traders
  • Active traders who want IBKR pricing with German support
Stocks (per order)
0.1 %
Minimum deposit
€2,000
FX conversion
0 %
StocksETFsOptionsFutures+7
  • Pros: BaFin-supervised German investment firm (institution number 10156708) with a Düsseldorf address, German contract law and a free German hotline until 20:00
  • Cons: No Abgeltungsteuer is withheld. German investors gain a compounding advantage but must declare everything themselves via Anlage KAP, and a Freistellungsauftrag is not possible — for many people that alone rules CapTrader out
Group index 81/100
BaFinCBI, FCA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 10

IC Markets

One of the cheapest routes to raw institutional FX pricing - as long as you check which entity you are signing with.

  • Algorithmic and EA traders
  • Scalping and high-frequency FX
Stocks (per order)
0.1 % (CFD)
Minimum deposit
€200
FX conversion
n/a
StocksFuturesForexCFDs+5
  • Pros: All-in EUR/USD cost of roughly 0.6 to 0.8 pips on Raw Spread - a 0.0 to 0.1 pip raw spread plus USD 3.50 per lot per side
  • Cons: Most non-EU, non-Australian clients contract with Raw Trading Ltd under Seychelles licence SD018 - an offshore regulator with no investor compensation scheme behind it
Group index 70/100
ASICCySEC, FSCA, FSA, SCB, CMA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Rank 11Nordnet logo

Nordnet

The Nordic default: a listed Swedish bank with SEK 1 minimum commissions — if you live in the right four countries.

  • Nordic residents
  • Long-term ISK savers
Stocks (per order)
tiered
Minimum deposit
None
FX conversion
0.25 %
StocksETFsOptionsFutures+4
  • 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
  • Cons: Residents of Sweden, Norway, Denmark and Finland only — there is no route in from Germany, Austria, Switzerland or the rest of the EU
Group index 93/100
FI
Protection depends on your legal entity
Visit brokerRead review

Risk warning: investing in securities involves risk. You may lose some or all of the capital you invest.

Rank 12tastytrade logo

tastytrade

An options-specialist US broker: USD 1 per contract to open, closing commission-free — built by people who trade premium for a living.

  • Options premium sellers
  • High-volume multi-leg traders

USD 0 to close — No commission to close options positions

Stocks (per order)
Free
Minimum deposit
None
FX conversion
n/a
StocksETFsOptionsFutures+5
  • Pros: Equity options are USD 1 per contract to open, USD 0 to close and capped at USD 10 per leg — large multi-leg orders scale for free
  • Cons: FINRA censured and fined tastytrade USD 850,000 in 2026 for failing to run adequate best-execution reviews on equity orders routed to five payment-for-order-flow market makers between 2020 and 2023
Group index 82/100
FINRASEC, NFA
Protection depends on your legal entity
Visit brokerRead review

Risk warning: investing in securities involves risk. You may lose some or all of the capital you invest.

Accounts and offers

Tax-advantaged accounts in Finland

What tax law provides, with source and date. Whether an account suits your situation is not something we judge — this is not tax advice.

Tax-advantaged accounts in Finland
AccountLimitMinimum holding periodTax treatmentHoldings and rulesSource
Osakesäästötiliosakesäästötili (OST)Securities account
  • contributions up to €100,000 in total
not stated
  • Sales inside the account trigger no tax
  • Dividends and interest are not taxed as they arrive
  • Taxed on withdrawal or payout
  • Shares
  • only certain securities (see source)
  • one per person
  • cash contributions only
  • existing securities cannot be transferred in
  • losses count only when the account is closed
Source: vero.fiAs of 25 October 2026
Osakesäästötili
Cash deposits only, at most EUR 100,000; shares already held cannot be transferred in. Listed shares can be traded inside without tax on individual sales; dividends are not taxed on arrival. Tax is due only on withdrawal: the provider withholds 30% of the return portion. The 15% tax-free part of dividends and the deemed acquisition cost do not apply inside. Losses count only in the year the account is closed. One account per person (otherwise normally a EUR 10 tax surcharge per day per account); moving to another bank is tax-free. Per Nordnet and Danske Bank, shares only, no funds or ETFs.Source: nordnet.fiAs of 25 October 2026Source: danskebank.fiAs of 25 October 2026

What brokers in our comparison offer in Finland

Only brokers that accept clients resident in Finland, and only what a source documents. A broker missing from a row is undocumented — not a “no”.

Osakesäästötili offered

Website in Finnish

By trading style

Best broker per category

Every category weights the rating criteria differently — which is why the same provider rarely wins everywhere.

Transparency

Not available here

Transparency means showing the gaps too. These recorded providers do not accept clients resident here.

Tax and protection

Tax, supervision and investor protection in Finland

Every fact with its source and the date we read it. Not tax or investment advice.

Supervision

Investor protection

  • Sijoittajien korvausrahastoSecurities: up to €20,000 per client and institutionSource: sijoittajienkorvausrahasto.fiAs of 25 October 2026

    Pays 9/10 of the claim against one provider, at most EUR 20,000 per investor, for non-professional clients. Members are Finnish investment service firms. Nordnet names the Swedish investor protection scheme (up to SEK 250,000) for its Finnish clients instead, so the cover depends on the provider's home country.

Such schemes pay when an institution fails and cannot return securities or cash. They do not cover falling prices.

US withholding tax

15% on US dividends: the rate under the income tax treaty with the US

Source: irs.govAs of 25 October 2026

1989 convention, art. 10(2)(b): 15% in all cases other than companies owning at least 10% of the voting stock (5%). Per Nordnet, this withholding tax is not credited inside an osakesäästötili.

Locally licensed providers we do not compare (yet)

Not rated and not part of our ranking; listed alphabetically. The details come from the providers themselves and the sources named.

Sources and dates

We read every fact in these sections at the source named, on the date shown. Law and offers change; the source is what counts.

Show 7 sources
  1. Source: finanssivalvonta.fiAs of 25 October 2026
  2. Source: vero.fiAs of 25 October 2026
  3. Source: nordnet.fiAs of 25 October 2026
  4. Source: danskebank.fiAs of 25 October 2026
  5. Source: irs.govAs of 25 October 2026
  6. Source: sijoittajienkorvausrahasto.fiAs of 25 October 2026
  7. Source: sijoittajienkorvausrahasto.fiAs of 25 October 2026

Head to head

The top 8, row by row

Fees apply to retail accounts under normal market conditions. Each provider's data date is on its review.

The top 8, row by row — Finland
Rank#BrokerOverall scoreStocks (per order)Minimum depositFX conversionLocal licenceTax withheldAsset classesAction
1Charles SchwabSEC · FINRA · FDIC4.6FreeNone1 %Local licenceTax withheld9Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

2IG logoIGFCA · BaFin · FINMA4.5FreeNone0.8 %Local licenceTax withheld13Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

3Interactive Brokers logoInteractive BrokersSEC · FCA · CBI4.50.05 %None0 %Local licenceTax withheld12Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

4CMC Markets logoCMC MarketsFCA · ASIC · BaFin4.4Free (CFD)None0.7 %Local licenceTax withheld10Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

5PepperstoneFCA · ASIC · BaFin4.40.1 % (CFD)US$100.8 pipsLocal licenceTax withheld9Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

6Saxo logoSaxoDFSA · FCA · FINMA4.40.08 %None0.25 %Local licenceTax withheld11Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

7Capital.com logoCapital.comFCA · CySEC · ASIC4.3in the spreadUS$200.7 %Local licenceTax withheld8Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

8XTB logoXTBKNF · FCA · CySEC4.3FreeNone0.5 %Local licenceTax withheld8Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Provider holds a licence from a supervisory authority of this country. Our dataset records the provider as a tax withholding agent for this country.

Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.

Countries

Frequently asked questions

46 of the 72 providers recorded in our dataset accept clients resident in Finland. The highest rated right now are Charles Schwab, IG and Interactive Brokers. The full ranking with fees and regulation is at the top of this page.

Content on Brokaro is for information purposes only and is not investment, legal or tax advice.

Read on

Guides and calculators for investors in Finland

Background on tax, fees and regulation — and calculators for your own amounts.

Guides

Calculators

Keep comparing

Other countries

Neighbouring countries

SwedenFinansinspektionen · SEK44brokersNorwayFinanstilsynet · NOK44brokersDenmarkFinanstilsynet · DKK44brokers
See all countries