For equity investment, you need a book-entry account or an equity savings account.
List of trading costs on book-entry accounts for owner-customers
The more your trade, the lower your trading costs.
The list has five levels for equity trading on a book-entry account. As an owner-customer, you always start at the second level. Your trading fees accumulated during the previous calendar quarter determine the level of your trading fees for the next calendar quarter.
As an owner-customer, your maximum brokerage fee for trading in Finnish shares (Finland and Sweden) and ETF products is always one per cent (1%). The benefit is valid until 31 December 2022 and applies to transactions performed via the book-entry account on OP-mobile and the op.fi service.
Trading in securities listed in Finland and Sweden (equities, ETFs and warrants)
| LEVEL 2 | LEVEL 3 | LEVEL 4 | LEVEL 5 | |
|---|---|---|---|---|
| Trading fees for the previous calendar quarter | Under €500 | Over €500 | Over €1000 | Over €2500 |
| Trading fee | 0,17 % min. €7 | 0,15 % min. €5 | 0,10 % min. €5 | 0,05 % min. €3 |
Trading in securities listed on other markets (Denmark, Norway, Belgium, France*, USA, Germany, Switzerland, Netherlands, Portugal, Italy, Spain**, Canada)
| LEVEL 2 | LEVEL 3 | LEVEL 4 | LEVEL 5 | |
|---|---|---|---|---|
| Trading fees for the previous calendar quarter | Under €500 | Over €500 | Over €1000 | Over €2500 |
| Trading fee |
0,17 % min. €8 |
0,15 % min. €8 | 0,10 % min. €8 | 0,05 % min. €8 |
The foreign exchange charge for international equities accounts for 0.30% of the transaction price (Sweden, Denmark, Norway, USA, Switzerland and Canada).
*Financial transaction tax of 0.30% will be collected on the largest purchase transactions of equities issued by a French issuer.
**As of 14 January 2021, a financial transaction tax of 0.20% is collected on purchases of equities of Spanish companies. The Government of Spain collects the tax on the purchase of equities issued by companies whose market cap exceeds EUR 1 billion.
How to open a book-entry account and choose a service package that suits you
You will get access to a book-entry account and securities custody by opening an investment service package. When opening the account, you will choose a service package that suits you. Our services for equity investors consist of two packages depending on trading activity.
Both of them automatically include securities custody and a book-entry account. Both service packages also include extensive, high-quality Finnish equity and market analysis services.
Select the Saver’s service package if you trade less actively and if comprehensive, high-quality basic services are sufficient for you.
Select the Investor’s service package if you trade on a weekly basis or more frequently or wish to track the equity market in real time. If you wish, you can supplement the package with real-time market information that is more extensive than the standard package. The supplement will be subject to an additional fee.
Earned OP bonuses will be automatically used to cover the fees for the service packages. As an owner-customer, the Saver's service package is free of charge to you. You can invest in Finnish and foreign equities, and in ETFs, without paying monthly or custody fees. If you have more than one Saver’s service packages, they will all be free of charge.
If you transfer your securities custody to us from another custodian, please prepare for an interruption in your equity trading for five business days.
The charges and fees are inclusive of VAT insofar as the service is subject to VAT.
