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Home Industry Insurance and capital markets Nordnet Enhances Capital Marke...

Nordnet Enhances Capital Market Access with New Feature


Insurance And Capital Markets

ciobulletin - Nordnet Enhances Capital Market Access with New Feature

Nordnet of Sweden introduces multi-currency accounts to insure capital, increasing the flexibility of investors and facilitating trading in international capital markets.

Nordnet is one of the outstanding online brokers with the latest feature in its currency account designed to provide better access to capital markets to its clients. This update allows the investors to handle cash in six different currencies, such as EUR, NOK, DKK, USD, CAD, and SEK in their capital insurance accounts.

In using this move, Nordlog does not need to exchange currencies each time a sale or purchase of international shares is made, making such processes of investing easier and far cheaper. Broker has taken the cost of the currency exchange to a cool 0.075 percent, and keeping the accounts open is free.

It is an exclusive option for private banking and active trader clients at Nordnet and further expands the flexibility by tools and abilities to manage capital markets and portfolios.

Nordnet already offers such currency account functionality with ISK (and wage earners securities accounts). Nordnet is in a better position to pursue the rapidly changing capital market by incorporating multi-currency into the services of capital insurance and serving clients that want efficient international investment opportunities.

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