Getting started with stock trading in Denmark as a foreigner can feel confusing at first. While Denmark is known for having a strong and well-regulated financial system, the number of available platforms – and the differences between them – can make it difficult to know where to begin. Some platforms are built for experienced traders who want advanced tools and global market access. Others are designed for long-term investors or beginners who prefer a simpler, app-based experience. Choosing the best stock trading app in Denmark therefore depends less on “what’s popular” and more on how you plan to invest.
This guide explains how stock trading in Denmark works for foreigners, what to look for in an online broker, and how to choose the platform that best matches your investing style.
Key Points – Stock Trading in Denmark for Foreigners
- Foreigners can invest in stocks in Denmark with a CPR number
- Denmark has both local brokers and international trading apps
- Fees, tax handling, and market access differ significantly per platform
- Choosing the right broker depends on how you invest, not just on price
✔ Updated for 2025 ✔ Written for foreigners living in Denmark
💡 Quick orientation
Below you’ll find a comparison of popular stock trading platforms in Denmark, followed by a deeper explanation of how they differ and who they’re best suited for.
Compare Stock Trading Apps in Denmark (2026)
✔ Regulated and licensed trading platforms
✔ Well-established brokers with long track record
✔ Secure handling of client funds and data
Recommended Stock Trading Platforms for Foreigners
Best for advanced trading & global
SaxoInvestor is a Danish stock trading platform designed for investors who want full control and deep market access. It offers a wide range of international stocks and ETFs, along with advanced analysis tools.
It’s suitable for foreigners who have some investing experience and want a professional platform.
Advanced tools · Global markets · Regulated platform
Best for long-term investors & ETFs
Nordnet focuses on long-term investing rather than frequent trading. It’s widely used in the Nordic countries and is popular among investors who prefer ETFs, index funds, and regular monthly investing.
For foreigners planning to stay in Denmark long-term, Nordnet often feels stable and predictable.
Long-term focus · Nordic strength · Investor-friendly
Best for beginners & app-first investing
eToro lowers the barrier to entry by offering a simple, app-first experience. Features like social and copy trading make it appealing if you’re new to stock trading or prefer a more guided approach.
It’s less detailed than Danish brokers, but very accessible for beginners.
Beginner-friendly · App-based · Social trading
Can Foreigners Trade Stocks in Denmark?
Foreigners can definitely trade stocks in Denmark. Most platforms require a CPR number, a Danish address, and a bank account, especially when using local brokers.
Choosing a Danish platform can also make tax reporting easier if you plan to invest long term.
How to Choose the Best Stock Broker in Denmark
Rather than asking which broker is “best”, it’s more useful to ask which one fits how you invest.
Active traders benefit from advanced tools and global access. Long-term investors often prefer stability and simplicity. Beginners usually want an intuitive app that makes getting started easy.
The best online broker in Denmark is the one that matches your habits and experience.
📌 Tip for foreigners
If you plan to live in Denmark long-term, using a Danish broker can make tax reporting and administration easier.
What You Need to Know About Using a Stock Trading App in Denmark
Denmark has seen a steady rise in retail investing, with more Danes and foreigners entering the stock market thanks to low-interest rates, easy-to-use apps, and increased financial literacy.
According to Finanstilsynet (the Danish Financial Supervisory Authority):
- Over 1.3 million Danes held securities in 2023, with many using online platforms like Nordnet and Saxo Bank.
- The average portfolio size for private investors increased by 12% from 2022 to 2023, which reflects a growing interest in personal finance and long-term wealth building.
- Younger investors between 25–40 now represent one of the fastest-growing demographics in stock ownership, driven largely by mobile-first apps and low-barrier international platforms like eToro.
A 2022 Nordea survey also found that:
- Roughly 60% of Danes under 35 invest in stocks or mutual funds, compared to only 45% five years ago.
- The main reasons they cite were low bank interest rates, inflation protection, and increased awareness of financial independence.
Among foreigners living in Denmark:
- International expats increasingly turn to apps that provide English-language support and easier onboarding, especially if they lack a CPR number or MitID.
- International trading platforms like eToro has gained popularity among short-term expats and non-EU residents who want quick access without local ID requirements.
Statistics like these reflect a broader shift toward accessible, digital-first investing and underline why choosing the right trading app matters for both local residents and expats alike.
Final Verdict – Best Stock Trading App in Denmark for Foreigners
Here’s a closer look at three top-rated stock trading apps that are accessible to foreigners living in Denmark:
| Feature | eToro | Nordnet | SaxoInvestor |
|---|---|---|---|
| Language | English (default) | Danish (some English support) | Danish (limited English) |
| CPR/NemID Required | No | Yes | Yes |
| Minimum Deposit | $50 (approx. 350 DKK) | No minimum | 10,000 DKK (approx.) |
| Commission Fees | 0% on stocks (conditions apply) | Low fees on Nordic stocks | From 0.1% (varies by market) |
| Access to Global Markets | Yes | Nordic and global markets | Global markets |
| Mobile App Experience | User-friendly | Intuitive | Professional-grade |
| Demo Account Available | Yes | Yes | Yes |
| Beginner Friendly | Very friendly | Moderate | Less beginner-friendly |
| Crypto Trading | Yes | No | No |
If you are looking for a more detailed guide on matters related to money transfer and trading app in Denmark, you may want to check out my other guides, where I cover these topics in detail:
FAQ About the Best Stock Trading App in Denmark
Can Foreigners Trade Stocks in Denmark?
Yes, both EU and non-EU citizens can legally trade stocks in Denmark. You’ll need a CPR number (civil registration number), a Danish bank account, and proper tax registration. Some platforms may also require MitID for verification.
Do I Need a Danish Bank Account to Use a Stock Trading App in Denmark?
Most Danish stock trading apps require you to have a Danish bank account to deposit and withdraw funds. However, some international platforms may accept foreign accounts or allow card payments.
Is There a Stock Trading App in Denmark Available in English?
Yes. Some popular platforms used in Denmark offer full English interfaces, which is particularly helpful for foreigners. Be sure to check language availability before signing up.
What Fees Should I Expect When Trading Stocks in Denmark?
Fees vary widely between platforms. You may encounter trading commissions, currency conversion fees, and custody fees. Some platforms are more transparent and affordable than others. Thus, comparing is key.
How is Stock Trading Taxed in Denmark?
Capital gains and dividends are taxable in Denmark. Profits from stock trading must be reported to Skattestyrelsen (Danish Tax Agency), and taxes are typically between 27% and 42%. Some platforms report automatically, while others require manual reporting.
Can I Trade International Stocks From Denmark?
Yes, most platforms offer access to international markets like the US, EU, and Asia. However, available exchanges and trading conditions vary between apps.
Which Stock Trading App in Denmark is Best for Beginners?
Look for a platform that offers low fees, educational tools, and a user-friendly interface. Some apps are tailored to simplicity and are better suited for newcomers than others with more advanced features.
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