#1 Rated Broker

Firstrade

Capital at risk · T&Cs apply

19 brokers ranked No paid placements

Best Stock Brokers in Iceland 2026

Top stock brokers accepting traders from Iceland. Compare commission, market access, account minimums, and platform tools.

How we rank brokers

Updated 28 May 2026Rankings are editorially independent — never influenced by commercial partnerships

Based on our 2026 quantitative rating of 19 brokers, Firstrade (3.41/5), LHV, and Longbridge rank as the top choices. Firstrade leads with regulation from SEC, CFTC and 0 pips min spread. Rankings are calculated algorithmically — no paid placements.

#1 Firstrade — 3.41/5 · Regulated: SEC, CFTC · Min deposit: $0
#2 LHV — 3.36/5 · Regulated: Finantsinspektsioon, FCA
#3 Longbridge — 3.36/5 · Regulated: SFC, MAS

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19 brokers

Top Picks

🥇🥈🥉

Firstrade

SECCFTC

3.4/ 5

Min. Deposit

Max Leverage

1:2

Spreads From

0 pips

Commission

Commission-free

Supports international clients
40+ years in the industry

Fees Regulation

Visit Broker Review

LHV

FCAFinantsinspektsioon

3.4/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

Commission-free

Estonian Finantsinspektsioon and FCA regulated
Nasdaq Baltic, Helsinki, Stockholm access

Fees Regulation

Visit Broker Review

Longbridge

MASSFC

3.4/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

Commission-free

Modern mobile-first platform
Options trading with advanced tools

Fees Regulation

Visit Broker Review

Also Ranked — 16 brokers

Sarwa

SECDFSA

3.3/ 5

Min. Deposit

$500

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

USD and AED accounts
Islamic portfolios available

Fees Regulation

Visit Broker Review

RHB Securities

MASSC Malaysia

3.3/ 5

Min. Deposit

Max Leverage

1:2

Spreads From

0 pips

Commission

0.1

One of Malaysia's largest banks
Bursa Malaysia full access

Fees Regulation

Visit Broker Review

Revolut Trading

FCACySEC

3.3/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

Commission-free

Fractional shares from $1
Crypto trading with 100+ assets

Fees Regulation

Visit Broker Review

DEGIRO

FCA

3.3/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

1.75

Strong European presence
Access to 50+ global stock exchanges

Fees Regulation

Visit Broker Review

EasyEquities

FSCA

3.2/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

0.25

1M+ South African users
EasyProperties for real estate

Fees Regulation

Visit Broker Review

SBI Securities

FSA

3.2/ 5

Min. Deposit

Max Leverage

1:3

Spreads From

0 pips

Commission

Commission-free

FSA regulated
Zero commission Japanese stocks

Fees Regulation

Visit Broker Review

#10

Bitpanda

CySEC

3.2/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

1.49

SEPA instant transfers
Stocks, ETFs and crypto in one platform

Fees Regulation

Visit Broker Review

#11

Fortuneo

AMFACPR

3.1/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

Commission-free

AMF and ACPR regulated
Integrated banking

Fees Regulation

Visit Broker Review

#12

Revolut

FCA

3.0/ 5

Min. Deposit

Spreads From

0 pips

Commission

Commission-free

Commission-free stock trading (limits apply)
Instant setup for existing Revolut users

Fees Regulation

Visit Broker Review

#13

Daman Securities

SCA

3.0/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

0.15

ADX and DFM access
FTSE ADX 15 and UAE blue-chip stocks

Fees Regulation

Visit Broker Review

#14

Freetrade

FCA

3.0/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

Clean, simple mobile app
Commission-free stock trading

Fees Regulation

Visit Broker Review

#15

Rakuten Trade

2.9/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

0.1

US market via Rakuten Securities
Competitive fees

Fees Regulation

Visit Broker Review

#16

TradeZero

SCB

2.9/ 5

Min. Deposit

$500

Max Leverage

1:6

Spreads From

0 pips

Commission

Commission-free

Short selling specialist
Level 2 data included

Fees Regulation

Visit Broker Review

#17

Baraka

DFSA

2.8/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

Modern mobile-first UX
Sharia-compliant portfolios

Fees Regulation

Visit Broker Review

#18

Hargreaves Lansdown

FCA

2.8/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

11.95

Award-winning mobile app
Trusted 40+ year track record

Fees Regulation

Visit Broker Review

#19

Lightyear

FCA

2.7/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

Commission-free US and EU stocks
Simple, modern interface

Fees Regulation

Visit Broker Review

Frequently Asked Questions

What is the difference between stock CFDs and buying real shares?

Real share trading gives you ownership and dividend rights. Stock CFDs let you trade price movements with leverage but you don't own the underlying share. CFDs are better for short-term speculation; real shares suit long-term investing.

Are dividends paid on stock CFDs?

With CFDs, brokers typically apply a dividend adjustment to your account rather than paying the actual dividend. Long positions receive a credit; short positions receive a debit.

Which stock markets can I access through these brokers?

Most brokers in this ranking offer access to major exchanges including NYSE, NASDAQ, LSE, and Euronext. Check each broker's market page for the full list of supported exchanges.

What is the minimum deposit to trade stocks in Iceland?

16 brokers on this list accept traders from Iceland with no minimum deposit ($0). The lowest non-zero minimum deposit among brokers available in Iceland is $1. For better risk management and position sizing, most experts recommend starting with at least $100–$200 regardless of the broker's minimum.

Which is the top-rated broker in this list for 2026?

Based on our scoring algorithm, Firstrade currently ranks #1 with a score of 3.4/5. Scores are recalculated every 24 hours as broker data changes.

Our #1 pick for 2026

Firstrade

SEC CFTC3.4/5

Visit Broker Full Review

How do we rank brokers?

Our algorithm weights regulation (25%), fees (20%), platform (15%), markets (10%), trust (15%) and UX (15%). No paid placements — ever.

Full methodology

Trading involves risk of loss. Rankings are for informational purposes only — not financial advice. Full risk disclosure.

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