Prices, terms and agreements

To enter into an agreement for online trading of financial instruments, you need to be an online banking customer in DNB.

You can enter into an agreement on online trading (online equity trading service) by signing the agreement online. For corporate customers, you can also enter into an agreement by signing the service agreement. In both cases, the agreement will be confirmed by DNB Markets, and you will be given access to the service. By logging in with the established password at dnb.no, you confirm your acceptance of the agreement.

You can read the entire agreement text here.

You need to pay brokerage fees when buying or selling shares. All our customers get free real-time prices from the Oslo Stock Exchange, but if you would like real-time prices from international exchanges, a subscription is required.

Price lists for the online equity trading service (brokerage fees)

Prices for subscribing to real-time prices

Prices for Infront by DNB

Prices for Securities Financing (Leverage)

Charges for international trading

You will find a brief summary of the terms and conditions below. You will find the full terms and conditions here.

Summary of general terms and conditions

As a user of our online services, you must be aware that the content of our website should not be regarded as a recommendation of specific investments or a request or recommendation for carrying out specific financial transactions.

Relevant, specific and professional advice should always be obtained before an investment decision is made. The contents of our website cannot form the basis for such decisions.

As an online equity trading customer, you must be aware that investments and trades in financial instruments, and in related instruments, are associated with a risk of loss. Any trade or decision you may make is based on your own deliberations and you are entirely responsible for this decision.

DNB takes no responsibility for the information on DNB’s website being correct, complete or available.

The information may be deficient or inaccurate. In addition, DNB receives information from a number of different providers. Errors or deficiencies may occur when relaying this type of information, in technical, qualitative and quantitative terms. Users can hence not hold DNB’s information providers or other sources responsible for deficiencies when making use of the information on DNB’s website. The information will often be delayed and not in real time.

Read the rest of the terms and conditions here (Norwegian and English)

Here are the costs related to trading equity derivatives such as index options, forwards, futures and swaps.

Price list for equity derivatives trading

The price list provides an overview of standard prices for management services of foreign securities traded through a broker.

Price list for management services abroad

Click on the link below to get to the list of execution venues and brokers used by DNB Markets, a part of DNB Bank ASA

List of Venues and Brokers

Click on the link below to see the list of equity instruments you can buy through our Systematic Internaliser (SI)

Click on the link below to see the list of equity instruments you can buy through our Systematic Internaliser (SI)

List of equity instruments

Sales order

If you want to sell shares and do not have an online account, please fill in this form and return it together with a selling order and your settlement instructions (IBAN & BIC/SWIFT). Send everything to our registrars department by regular post to:

DNB Bank ASA

Registrar's Department/KI

PO Box 1600 - Sentrum

0021 Oslo

Norway

If you are a client who has already provided proof of identity please send sales orders directly to either FAX: +47 24 05 02 52 or aksje-fax@dnb.no

The Norwegian Securities Trading Act imposes requirements on us, as an investment firm, in regard to entering into customer agreements with you, as the customer, before any trades in financial instruments can be made. Requirements are also imposed on how we should act towards you as a customer based on your profile, and we must therefore obtain information from you (customer classification).

What information do we need to obtain about you?

We need to obtain information on whether you are a professional or non-professional, and whether you have experience and knowledge on finance. We must also clarify your financial position, which investment objectives you have and your risk profile. The information collected will ensure you get customised advise.

Are you a retail or corporate customer in our online bank?

If you are a DNB customer, we kindly request that you log in and register your personal details to complete your profile.

Log in and register - Retail customer

Log in and register - Corporate customer

The advantage of answering the online questionnaire is quick identification and response so you can start trading at the earliest convenience. By completing this online, you will avoid printing, filling out paperwork, signing and returning them by regular post.

You can also register customer data without logging in

You can also register customer data without logging in. If you are a private customer or a business customer without online banking, you must fill out the form for this, print it out, and return it to us.

Here you will find documentation and agreements that apply to a customer relationship with us, whether you are a private customer, a professional, or acting on behalf of a business.

Compulsory reporting, MiFID II, order execution

Best Execution RTS 27 (website)

Best Execution RTS 28

All investment firms are obliged to classify their customers. The customer categories are:

• Non-professional client (retail clients, including private persons)
• Professional client
• Eligible counterparty

You can read more about customer classification and the different categories here.

Price lists

All of our price lists can be found at the bottom of this page.

You need to know what you are paying for

The MiFID II rules and legislation that entered into force on 3 January 2018 imposed stricter requirements on banks and brokers in order to protect customers. Among other things, this involves increased transparency and information around costs.

The purpose of the new requirements is to ensure that customers understand and have an overview of the total costs associated with the financial products and services they are using, as well as how costs affect the return on investment.

You will find more information about prices and costs related to our products here:

• Equity trading service and relevant additional services
• Bond trading (1)
• Fixed income, foreign exchange (FX) and commodity derivatives (1)

(1) You can read about this under Fixed income, foreign exchange and commodities further down the page.

NOTE: The information you will find about prices are generic descriptions and examples. A customer’s specific costs may deviate from this. For information and costs related to specific trades, get in touch with your contact in DNB Markets. Customers who trade shares via dnb.no get a summary of the total costs of the trade in the trading platform.

Packaged Retail and Insurance-based Investment Products are subject to the rules and legislation on key information documents (the PRIIPs rules and legislation). These rules state that banks and brokers must provide documents containing the key information about the products they offer retail clients. Among other things, the key information documents must contain a description of the costs related to the products.

DNB’s key information documents can be found on this page.

You will receive an annual overview

Under the new MIFID II requirements, customers with an ongoing customer relationship with DNB must receive an annual costs report. This report will be sent to customers at the end of the year, with an overview of all the costs related to the customer’s trades during the previous year. Customers will receive this report at the beginning of the year, with a costs overview for the previous year.