Best Brokers with Low Minimum Deposit for Investors in Denmark
Top 3 Brokers available in Denmark with a Low or Null Minimum Deposit
Saxo Bank offers clients the option to invest in stocks, bonds, options, ETFs and many more. With their accessible platform and easy to manage account, they are an effective option to consider for investment purposes.
In particular, for ETFs, Saxo allows you to invest in 5,500+ ETFs from tech, healthcare, environment and other significant sectors that trade in 60 global stock exchanges for USD 0.01 in commission per share. In other words, Saxo allows you to invest in almost every ETF available out there at a meagre cost.
eToro's minimum deposit is USD200. eToro allows only USD accounts, which means that funds in Krone or other currencies might need to be converted by eToro to USD. Alternatively, you can deposit in USD, e.g. using your credit or debit card. In that case, your bank will make the conversion at its exchange rate.
eToro changes the minimum deposit from time to time (during times of high client signup, they have increased the minimum deposit amount). However, considering the massive amount of financial instruments that this broker offers, it is worth trying even though your deposit threshold might be increased.
There are several deposit options with eToro: Bank transfer, Credit/debit card, PayPal, Skrill, Neteller, China UnionPay, Klarna / Sofort Banking.
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About our Top 3 rank for Danish Traders
The minimum deposit amounts required by the different trading and investment apps are very variable, some have no minimum, and others require amounts of 2 thousand dollars. So, a broker that offers to start without a minimum deposit or a tiny one is a plus. Here are a few things that you should take into account:
Not every client is willing (or want) to start using a platform by depositing 2 thousand dollars from the very first moment. Therefore, most brokers offer simulators or Demo Accounts of their platforms since deciding to deposit funds whether to deposit real money is an important decision, especially initially. Therefore, we strongly recommend that you try the Broker's Demo account before deciding to deposit funds.
Many lists on the internet promoted as 'The Cheapest Brokers in Denmark may consist of unprofessional platforms and could even be scams. So, beware, and do your checks before transferring funds.
We only display brokers heavily regulated by strict government entities, like the UK's FCA or the Australian ASIC.
Last but not least, the broker has to be available to local traders since some of them do not open accounts locally.
Without further ado, here is our Top 3 Broker with Low Minimum Deposit list, available to clients who reside in Denmark.
AvaTrade's minimum deposit is USD 100 for credit/debit cards and bank transfers, and they do not charge a deposit fee. The average transfer times for the different methods are 2 or 3 days for a bank transfer or a couple of hours when you deposit with a card (credit or debit).
A minor issue with depositing money to AvaTrade is that depositing is not as user-friendly compared to similar brokers.
AvaTrade is a global CFD and forex broker founded in 2006. It is regulated by several top-tier financial authorities, such as the Central Bank of Ireland or Australia's ASIC.
The minimum deposit means that you will need to transfer this amount to your brokerage account from your bank account to start trading. A trading platform that offers a low minimum deposit facilitates access to the world of financial investments for those about to start the journey. So, if you are a Danish investor and do not wish to compromise a significant investment, we include three of the top regulated Brokers that will not require you to move your Krone bank balance.