Comdirect is Germany’s largest online broker, founded in 1994 and serving more than one million customers. Headquartered in Quickborn, Germany, it operates as a subsidiary of Commerzbank – one of the country’s leading banks. Although its core business is securities trading in stocks, ETFs, and funds, it also offers a retail forex product that is accessible to Norwegian traders.
For Norwegian investors, Comdirect provides a unique cross-border opportunity: being an EEA-regulated firm, it can offer services in Norway without a separate local license, while still complying with EEA financial directives. Its main appeal lies in the combination of a reputable German banking heritage, low banking fees and access to the Frankfurt and global exchanges. However, it is crucial to note that Comdirect is not a specialist forex broker – its leverage, platform choice and instrument range fall short of dedicated FX providers.
This review assesses whether Comdirect is a practical choice for Norway traders in 2026, considering regulation, costs, account features and suitability for retail forex trading.
| Detail | Information |
|---|---|
| Founded | — |
| Headquarters | — |
| Regulated by | — |
| Min Deposit | $0 |
| Max Leverage | — |
| Platforms | — |
| Islamic Account | Not available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | No |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
Comdirect’s Islamic account is a swap-free version of its standard trading account, designed for Muslim traders in Norway who must avoid paying or receiving interest (Riba). In such accounts, the overnight rollover fee is replaced with an administrative charge – but importantly, this is not a hidden “prohibited” charge; it simply covers the cost of maintaining the position, and it is fixed rather than interest-based.
To open an Islamic account as a Norwegian client, you must contact Comdirect customer service and explicitly request a swap-free account. Not all account types are automatically eligible; in some cases, you may need to provide a declaration of religious affiliation. There is no extra fee for activating the Islamic feature. However, it is not a fully genuine swap-free option in the strictest sense, as the administrative charge may still be higher than zero for long-standing positions.
This account is a good compromise for Norway’s small but growing Muslim community, but always read the terms carefully.
| Feature | Details |
|---|---|
| Islamic Account Available | No |
| Swap Fees | May apply |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Comdirect (current) | $0 | Check broker | No | No | 4.5 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
Comdirect is a trustworthy and well-capitalised broker, but its suitability for Norway traders depends on your trading style. If you are primarily an investor who trades a mix of European stocks, ETFs and occasionally some forex, Comdirect offers a compliant, user-friendly space. The availability of USDT deposits is a modern feature that few traditional banks provide.
However, for a Norwegian trader whose main activity is retail forex – with a need for MT4/MT5, tight spreads, high leverage and 24/7 support – Comdirect is not recommended. There are many better regulated brokers that cater more directly to forex trading, such as Pepperstone or IC Markets.
In short, use Comdirect if you value banking-grade security and European market access, but look elsewhere for serious forex speculation.