Best Online Brokers in Finland 2026
FIN-FSA/Finanssivalvonta-regulated and MiFID II-passported brokers for Finnish investors — ranked by fees, 30–34% CGT and platform quality.
✅ Finanssivalvonta / MiFID II EU
🇫🇮 30% CGT (34% above €30k)
💶 Euro-native
📊 Nasdaq Helsinki / OMX Helsinki 25
🔬 Tested with real accounts
🔄 Last updated: September 2026 · Reviewed by WhichBroker Research Team
⚠️ Risk warning: Investing involves risk of loss. Capital is not guaranteed. Some links on this page are affiliate links — this does not affect our rankings.
What to check before choosing a broker in Finland
Finland is a full EU member and part of the Eurozone. Finnish investors pay one of the higher CGT rates in the Nordics — 30% up to €30,000 and 34% above — without the tax-wrapper relief available in Sweden (ISK), Denmark (ASK), or Norway (ASK). Understanding this upfront is critical for long-term investment planning.
1. Regulation: Finanssivalvonta (FIN-FSA) and MiFID II. Finanssivalvonta (FIN-FSA) is Finland's financial regulator. Finland is a full EU member — MiFID II passporting applies in full. All EU/EEA-regulated brokers can serve Finnish residents. Verify at finanssivalvonta.fi.
2. CGT: 30% up to €30,000 / 34% above. Finland's pääomatulovero (capital income tax) is 30% on the first €30,000 of annual capital income, and 34% on the portion above that threshold. There is no annual CGT exemption. Capital losses can be carried forward for 5 years. Dividend income from Finnish-listed companies is taxed at 85% of the full capital income rate (so effectively ~25.5%/28.9%).
3. No general investment tax wrapper. Finland does not have a general tax-efficient investment wrapper comparable to Sweden's ISK, Denmark's Aktiesparekonto, or the UK's ISA. The ASP (Asuntosäästöpalkkiotili) exists but is specifically for first-time home buyers — not general investing. Finnish investors have no legal mechanism to defer or replace CGT on stock/ETF portfolios.
4. Currency: Euro (EUR). Finland is a Eurozone member — no FX costs for EUR-based broker accounts. Nordnet (Finland), DEGIRO, XTB, Trade Republic, and Interactive Brokers all operate in EUR natively. This removes a friction point common in non-EUR Nordic countries.
5. Nasdaq Helsinki — home to strong tech and forestry companies. The OMX Helsinki 25 includes Nokia (NOK), Kone (KNEBV), Fortum (FORTUM), Neste (NESTE1V), and Stora Enso (STEAV). Nordnet Finland and OP e-Trader offer best access to Helsinki-listed stocks.
Top 4 Best Online Brokers in Finland — Detailed Reviews
NN
Nordnet
★★★★★
Top pick
Commission
€0 (Finnish stocks)
Nasdaq Helsinki
✓ Direct access
Regulation
Finanssivalvonta
DG
DEGIRO
★★★★½
Best low-cost EU
Commission
€1 + €1 handling
Investor protection
€20,000 (AFM)
XTB
XTB
★★★★☆
Best for active traders
Commission
€0 up to €100k/month
Stocks
✓ 3,000+ real stocks
CFDs / Forex
✓ Full CFD/FX
Interest on cash
✓ Up to 4%
Regulation
KNF / FCA / CySEC
IB
Interactive Brokers
★★★★½
Best global access
Commission
From $0.005/share
CFDs / Forex
✓ Forex + futures
Investor protection
SIPC $500k
⚠️ Investing involves risk of loss. CFD trading carries high risk — 51–80% of retail CFD accounts lose money. Capital is not guaranteed.
How to Get Started with a Broker in Finland
1
No tax-deferral account — plan for 30–34% CGT
Unlike Sweden or Denmark, Finland has no general investment tax wrapper. All capital gains and dividends are taxed annually at 30% (up to €30k) or 34% (above). Plan your asset allocation and rebalancing accordingly — frequent trading incurs full CGT each year. Capital losses can be carried forward for 5 years.
2
Open account with Finnish bank ID or EU documents
Nordnet Finland accepts Finnish bank ID for instant digital KYC. DEGIRO, XTB, and Interactive Brokers require standard document KYC (passport + proof of address). All accept EU residents. Opening typically takes 1–3 business days.
3
Fund via SEPA or Finnish bank transfer
All brokers accept SEPA bank transfer in EUR with no FX cost. Nordnet Finland integrates with Finnish banks (OP, Nordea, Danske Bank Finland) for faster funding. No FX conversion needed for Finnish investors — EUR is native.
4
Declare capital income in veroilmoitus (annual tax return)
Finnish brokers (Nordnet FI) may report to Verohallinto (Finnish Tax Administration), but foreign brokers (DEGIRO, IBKR) do not. You must declare pääomatulot (capital income) from foreign brokers manually in your veroilmoitus. Keep annual statements. Dividends from Finnish companies may have withholding tax deducted at source (15% for Finnish investors via elinkeinoverolaki).
🇫🇮 Finland: Country Environment Blueprint
EU / MiFID II
✅ Full EU member. MiFID II passporting applies — EU/EEA-regulated brokers can serve Finnish residents. UK FCA-only brokers are NOT valid post-Brexit.
Investor Protection
€20,000 per investor under the Finnish Investor Compensation Fund (Sijoittajien korvausrahasto). Bank deposits: up to €100,000 under Finnish deposit guarantee (Talletussuojarahasto).
Capital Gains (Shares)
30% on capital income up to €30,000/year. 34% on the amount above €30,000. No annual CGT exemption. No ISK/ASK equivalent — all gains taxed annually. Capital losses can be carried forward for 5 years.
Dividend Tax
Dividends from Finnish-listed companies: 85% of the dividend is taxable (15% is tax-exempt), giving effective rates of ~25.5%/28.9%. Foreign dividends taxed at full 30/34% rates; foreign WHT may be partly offset via tax treaty. Declare foreign dividends in veroilmoitus.
ASP (Asuntosäästöpalkkiotili)
First-home buyers only The ASP is a government-backed savings account exclusively for first-time home buyers. It is NOT a general investment wrapper. Contributions earn a government bonus but funds are restricted to home purchase. Not usable for stocks or ETFs.
US ETF Access (PRIIPs)
⚠️ Finland is an EU member — PRIIPs applies. US-domiciled ETFs restricted for retail investors (no KID document available). Use UCITS-compliant equivalents. DEGIRO, Nordnet, and XTB all offer broad UCITS ETF selections.
Domestic Exchange & Index
Nasdaq Helsinki (OMX Helsinki) · Index: OMX Helsinki 25 (OMXH25)
Key stocks: Nokia (NOK), Kone (KNEBV), Fortum (FORTUM), Neste (NESTE1V), Stora Enso (STEAV), Sampo (SAMPO)
🏠 Local Platforms to Know
NN
Nordnet Finland — The dominant low-cost broker for Finnish retail investors. Free Finnish stock trades. EUR-native. Nasdaq Helsinki direct access. Finanssivalvonta-regulated. Finnish-language platform. Integrates with Finnish bank accounts for easy funding.
OP
OP e-Trader — OP Group's online investment platform. Finanssivalvonta-regulated. Full Nasdaq Helsinki access. Integrated with OP banking. Higher fees but strong trust among existing OP bank customers. ASP account available for first-home buyers.
NRD
Nordea Invest — Nordea Finland's investment platform. FIN-FSA regulated. Full Helsinki exchange access. Integrated with Nordea banking. Popular with existing Nordea customers who want integrated banking and investing. Higher brokerage fees than Nordnet.
EVL
Evervest (formerly eQ) — Finnish online broker. FIN-FSA regulated. Direct access to Nasdaq Helsinki and international markets. Focused on Finnish active traders and institutional clients. Good for investors seeking a pure-play Finnish broker experience.
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How we chose these platforms
Our team tested each platform with Finnish residents, evaluating Finanssivalvonta/MiFID II regulation, pääomatulovero (CGT) reporting quality, EUR-native account support, Nasdaq Helsinki access, and value for money. Rankings updated regularly.
Frequently Asked Questions
Does Finland have a tax-efficient investment account like Sweden's ISK? +
No. Finland does not have a general investment tax wrapper equivalent to Sweden's ISK (Investeringssparkonto) or Denmark's Aktiesparekonto. The Finnish ASP (Asuntosäästöpalkkiotili) exists but is specifically and exclusively for first-time home buyers — it cannot be used for general stock or ETF investing. Finnish investors must pay 30% (up to €30,000) or 34% (above) CGT on all capital income each year, with no deferral or replacement mechanism.
What is Finland's capital gains tax rate for investors? +
Finland applies a two-tier pääomatulovero (capital income tax): 30% on capital income up to €30,000 per year, and 34% on any amount above that threshold. There is no annual CGT exemption (like the UK's ISA allowance or Ireland's €1,270 exemption). Capital losses can be offset against capital income in the same year, and any remaining losses can be carried forward for 5 years.
Can EU brokers serve Finnish investors? +
Yes. Finland is a full EU member and MiFID II passporting applies in full. DEGIRO (AFM, Netherlands), XTB (KNF, Poland), Interactive Brokers (CSSF, Luxembourg), and Trade Republic (BaFin, Germany) can all legally serve Finnish residents. However, none of these offer Finnish ASP accounts. US-domiciled ETFs are restricted under PRIIPs — use UCITS alternatives.
How do I declare broker income in my Finnish tax return? +
Finnish brokers (Nordnet FI, OP, Nordea) report capital income to Verohallinto (Finnish Tax Administration), which pre-fills some of your veroilmoitus (tax return). However, foreign broker accounts (DEGIRO, Interactive Brokers, XTB) do not report to Verohallinto automatically. You must declare pääomatulot (capital income) from foreign brokers manually, including all realized gains, dividends received, and applicable foreign withholding taxes. Keep annual statements from all brokers.