Brokers With DKK Accounts

Written By

Jemma Grist

Edited By

James Barra

Updated

Oct 4, 2024

DKK accounts allow you to hold your trading portfolio in Danish krone. They offer a smooth trading experience for residents of Denmark, Greenland and the Faroe Islands looking to deposit and withdraw in their stable local currency.

See our pick of the best brokers with DKK accounts, personally tested by our expert analysts.

Best Brokers With DKK Accounts

These are the top 2 brokers that accept DKK accounts:

Click a broker for details

1

Interactive Brokers

Go To Interactive Brokers
Interactive Brokers Review

Ratings

Regulation & Trust 4.5 / 5

Accounts & Banking 3.5 / 5

Assets & Markets 4.6 / 5

Fees & Costs 4.3 / 5

Platforms & Tools 3.3 / 5

Customer Support 3 / 5

Research 4.4 / 5

Education 4.3 / 5

iOS App 4.3 / 5

Android App 4.5 / 5

Minimum Deposit $0

Minimum Trade $100

Leverage 1:50

Regulator FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM

Instruments Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies

Platforms Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral

Payment Methods Cheque, ACH Transfer, Wire Transfer, Automated Customer Account Transfer Service, TransferWise, Debit Card

Account Currencies USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF

Go To Interactive Brokers
2

Zacks Trade

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Zacks Trade Review

Ratings

Regulation & Trust 3.5 / 5

Accounts & Banking 3 / 5

Assets & Markets 3 / 5

Fees & Costs 3.5 / 5

Platforms & Tools 3.8 / 5

Customer Support 3.5 / 5

Research 3.9 / 5

Education 1 / 5

iOS App 0 / 5

Android App 0 / 5

Minimum Deposit $2500

Minimum Trade $3

Leverage

Regulator FINRA

Instruments Stocks, ETFs, Cryptos, Options, Bonds

Platforms Own

Payment Methods Wire Transfer, ACH Transfer, Cheque

Account Currencies USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, RUB, PLN, CZK, HUF

Go To Zacks Trade

Here is a short summary of why we think each broker belongs in this top list:

Interactive Brokers - Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
Zacks Trade - Zacks Trade is a FINRA-regulated US broker offering trading on stocks, ETFs, cryptocurrencies, bonds and more through a proprietary terminal. The broker is geared toward active traders and offers very affordable fees on most assets as well as an app and a vast amount of market data.

Brokers With DKK Accounts Comparison

Brokers With DKK Accounts Comparison
Broker	DKK Account	Minimum Deposit	Markets	Regulator
	✔	$0	Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies	FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM
	✔	$2500	Stocks, ETFs, Cryptos, Options, Bonds	FINRA

Interactive Brokers

"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."
Christian Harris, Reviewer

Interactive Brokers Quick Facts

Demo Account	Yes
Instruments	Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies
Regulator	FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM
Platforms	Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral
Minimum Deposit	$0
Minimum Trade	$100
Leverage	1:50
Account Currencies	USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF

Pros

The TWS platform has clearly been built for intermediate and advanced traders and comes with over 100 order types and a reliable real-time market data feed that rarely goes offline.
There's a vast library of free or paid third-party research subscriptions catering to all types of traders, plus you can enjoy commission reimbursements from IBKR if you subscribe to Toggle AI.
The new IBKR Desktop platform takes the best of TWS while adding bespoke tools like Option Lattice and Screeners with MultiSort to create a genuinely impressive trading experience for day traders at every level.

Cons

Support can be slow and frustrating based on tests, so you might find it challenging to reach customer service representatives promptly or encounter delays in resolving issues.
IBKR provides a wide range of research tools, but their distribution across trading platforms and the web-based 'Account Management' page lacks consistency, leading to a confusing user experience.
TWS’s learning curve is steep, and beginners may find it challenging to navigate the platform and understand all the features. Plus500's web platform is much better suited to new traders.

Visit Interactive Brokers

Interactive Brokers Review

Zacks Trade

"Zacks Trade will suit active day traders with experience using powerful platforms. Fees and margin rates are low while the market research is excellent."
Tobias Robinson, Reviewer

Zacks Trade Quick Facts

Demo Account	Yes
Instruments	Stocks, ETFs, Cryptos, Options, Bonds
Regulator	FINRA
Platforms	Own
Minimum Deposit	$2500
Minimum Trade	$3
Account Currencies	USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, RUB, PLN, CZK, HUF

Pros

20+ account denominations
Regulated by FINRA with access to the Securities Investor Protection Corporation
Customizable proprietary trading platform and mobile app

Cons

No MT4 or MT5 platform integration
Withdrawal fees apply if removing funds more than once per month
No forex, commodities or futures trading

Visit Zacks Trade

Zacks Trade Review

How Did We Choose The Best Brokers?

To find the best trading platforms that offer DKK accounts we:

Searched our directory of 216 online trading platforms
Pinpointed all those that offer accounts denominated in the Danish krone
Rated them using 100+ data points and findings from our hands-on tests

What Is A DKK Account?

A DKK account is a trading account where transactions and trades are handled in Danish krone.

This means that investments you hold and trade, including deposits and withdrawals, are in DKK.

Below is an example of where I opened an account with Dukascopy:

Opening a DKK account at Dukascopy — Dukascopy – DKK Account Registration

Do I Need A DKK Trading Account?

A DKK account might work for you if:

You live in Denmark, Greenland or Faroe Islands and hold money in DKK as it’s more convenient to hold an account in the same currency.
You often trade currency pairs that include the DKK, including USD/DKK, EUR/DKK and GBP/DKK because there’s a smaller risk of conversion charges.
You trade Danish or Nordic stocks listed on the Nasdaq Nordic as managing trades in a regional currency is often faster and cheaper.

How Can I Check If A Broker Offers An Account In Danish Krone?

You can follow these simple steps, which we also took to ensure our recommended platforms offer DKK accounts:

Head to the ‘account types’ page on the broker’s website to find the available base currencies.
Verify that DKK is listed as a supported currency in Denmark, Greenland or Faroe Islands.
Register for an account and choose DKK as your base currency (though you may be required to choose your base currency later).

Pros & Cons of DKK Trading Accounts

Pros

Our evaluations have found that brokers with DKK accounts often provide access to regional markets, offering a more tailored service to Danish traders. IG, for example, offers popular Danish shares such as Danske Bank, as well as DKK currency pairs like USD/DKK and EUR/DKK.
DKK trading accounts can reduce conversion fees if dealing in krone, which is a notable benefit for active traders. XM, for example, charges a 0.5% fee for currency conversions when transferring between DKK and the account base.
Since the Danish krone is still firmly pegged to the euro, traders can benefit from relatively small currency fluctuations with limited risk.

Cons

Despite becoming increasingly popular, DKK accounts are still relatively uncommon (less than 10% of brokers we’ve evaluated), so you won’t have the widest choice compared to brokers with USD accounts, for instance, which are offered by virtually every trading platform.
You may still face conversion fees when trading popular markets using a DKK account. Forex.com charges up to 0.5% if you want to trade US stocks, for instance, using a DKK account.

FAQ

Which Is The Best Broker With A DKK Trading Account?

See our list of the top-rated brokers with DKK accounts, thoroughly tested by our experts.

How Much Does It Cost To Open A Trading Account Based In Danish Krone?

Our tests have shown you’ll need up to 250 USD (around 1,747 DKK) to open a live trading account. That said, we’ve seen many top brands offering much lower.

For example, IG stands out for its beginner-friendly DKK account requiring no minimum deposit.

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