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:
-
- Demo account
- Regulator: FCA, ASIC, CMVM , FSCA, SCB, FSA
- Platforms: TN Trader, MT4, TradingView
-
- Demo account
- Min. deposit: $0
- Min. trade: 0.01 Lots
Learn how we test brokers and why you can trust our ratings.
Here is a short overview of each broker's pros and cons
- Trade Nation 4.4/5 Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions including the UK and Australia. The firm offers low-cost fixed and variable spreads on 1000+ assets with robust trading platforms and training materials. The Signal Centre can also be used for trade ideas.
- IG 4.8/5 Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers a top-tier selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
Brokers With DKK Accounts Comparison
| Broker | DKK Account | Minimum Deposit | Markets | Regulator |
|---|---|---|---|---|
| Trade Nation | ✔Yes | $0 | CFDs, Forex, Indices, Shares, Commodities, Futures, Bonds, Spread Betting (UK and Ireland only), Cryptos (Bahamas entity only) | FCA, ASIC, CMVM , FSCA, SCB, FSA |
| IG | ✔Yes | $0 | CFDs (not in US), Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting (UK only) | CFTC, NFA, FCA, BaFin, ASIC, FINMA, MAS, JFSA, FMA, DFSA, BMA |
Community Sentiment
See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.
| Broker | Our Users' Rating | Trustpilot Score | Trustpilot Reviews | iOS App Rating | Android App Rating |
|---|---|---|---|---|---|
| Trade Nation | 2142 | ||||
| IG | 10135 |
Trade Nation
Trade Nation suits discretionary traders who want to speculate on major indices like the US 500 or liquid FX pairs, and want the predictable all-in costs of fixed spreads. In tests, we found the fixed-spread TN Trader environment particularly useful for trading around scheduled economic releases owing to its reliable charting environment and because published spreads stayed capped.
Christian Harris, Reviewer
Trade Nation quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Indices, Shares, Commodities, Futures, Bonds, Spread Betting (UK and Ireland only), Cryptos (Bahamas entity only)
- Regulator
- FCA, ASIC, CMVM , FSCA, SCB, FSA
- Platforms
- TN Trader, MT4, TradingView
- Minimum Deposit
- $0
- Minimum Trade
- 0.1 Lots
- Account Currencies
- USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK
Pros
- Trade Nation accounts can now be linked with TradingView, providing advanced multi-charts and the ability to execute trades directly.
- In testing of the TN Trader account under normal market conditions, fixed spreads held while fills were prompt on major forex pairs, with a slight drift in the entry level as price ticked between click and fill.
- Trade Nation's 2026 partnership with Volt has sped up payments for Australian traders, who can now make instant deposits and withdrawals using PayID, with the faster payout capabilities planned for clients in the UK and EU.
Cons
- Offshore SCB and FSA entities allow retail clients up to 1:200 and 1:500 leverage compared to 1:30 in regions like the UK, Europe and Australia, so an FSA client can have 16 times the exposure of a UK retail client on the same trade, but with less oversight and no compensation scheme.
- The 2–20% rebate scheme is closed to FCA, CMVM, and ASIC clients, meaning active day traders in these regions who would benefit from transaction rebates cannot claim them.
- Withdrawals can take up to five business days, which is around the industry average but slower than the 1-3 days we’re increasingly seeing brokers offer in an attempt to quash withdrawal complaints from retail investors.
IG
IG continues to provide a comprehensive package with an intuitive web platform, best-in-class education for beginners, advanced charting tools bolstered by its recent TradingView integration, real-time data, and robust trade execution for experienced day traders.
Christian Harris, Reviewer
IG quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs (not in US), Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting (UK only)
- Regulator
- CFTC, NFA, FCA, BaFin, ASIC, FINMA, MAS, JFSA, FMA, DFSA, BMA
- Platforms
- Web, L2 Dealer, MT4, TradingView, AutoChartist, TradingCentral, ProRealTime
- Minimum Deposit
- $0
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, ZAR, SEK, DKK, CHF, HKD, SGD
Pros
- The proprietary web-based platform continues to caters to traders of all levels, with advanced charting tools and real-time market data useful for day trading, while IG has also added TradingView integration.
- IG obtained a crypto asset license from the FCA, allowing it to re-enter the UK market to provide buying, selling and storing opportunities on 55+ digital tokens with fees from 1.49%, and all within an FCA-licensed environment.
- As a well-established broker, IG operates under strict regulatory guidelines in multiple jurisdictions, maintaining a high level of trust.
Cons
- Beginners might find IG’s fee structure complex, with various fees for different types of trades or services, potentially leading to confusion or unexpected charges.
- IG applies an inactivity fee of $12-$18 per month after 2 years, deterring casual investors.
- IG has discontinued its swap-free account, reducing its appeal to Islamic traders.
How Did We Choose The Best Brokers?
To find the best trading platforms that offer DKK accounts we:
- Searched our directory of 143 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:
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.
Article Sources
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