Avanza Bank Holding AB is the largest stockbroker and

brokerage firm A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confu ...

in Sweden and on the

Stockholm Stock Exchange Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange ( sv, Stockholmsbörsen), is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. As ...

, with over a million customers.

History

Avanza was founded in 1999 as HQ.se. In 2001, HQ.se acquired Avanza changed its name to Avanza, which became the largest stockbroker in Sweden, with 80,000 active customers. In 2006, Avanza acquired Börsveckan AB and launched Placera Nu, an online magazine. In 2018, the company launched the cheapest global fund in the world, with an annual management fee of 0.05%. In 2019, Avanza won the Swedish Quality Index’s award for the most satisfied savings customers in Sweden for the tenth consecutive year.

References

External links

Börsveckan
Brokerage firms Financial services companies of Sweden Online brokerages Companies based in Stockholm Swedish companies established in 1999 Financial services companies established in 1999 Companies listed on Nasdaq Stockholm {{Sweden-company-stub