“Our ambition is to continue putting pressure on transaction fees for the benefit of Swedish savers. The interest for American stocks is increasing and with higher volumes, we can continue to lower transaction fees. For the growing number of savers interested in trading in American stocks there is a lot of money to be saved by doing it through us rather than the larger banks”, says Martin Tivéus, Managing Director of Avanza.
Fee comparison 2014-03-27 (source: the webpage of each bank):
|Minimum fee||Floating fee||Can be traded online||Additional foreign fees||Additional account fees|
|Nordea||SEK 199||0,01-0,55%||Yes||Yes||Yes – SEK 2 000 per year|
|Swedbank||SEK 900||0,65%||No||Yes||Yes – SEK 1000 per year|
|SEB||SEK 950||0,65%||No||Yes||Yes – SEK 400 per year|
The 10 most popular American stocks amongst Avanza customers right now: