All of your investments are conveniently located in one place with your LHV securities account
- Trade and hold Baltic shares without fees
- Individuals can hold 50 000 euros worth of global equities free of charge
- Access to the most commonly found securities on the Baltic, U.S., Nordic, European and Russian markets
- We apply the lowest tax rate in Estonia on US dividends – 15% instead of the regular 30%
- With an additional contract you can access options and margin loans
Access to the world’s largest financial markets
Home of Baltic securities
As the largest securities broker on the Baltic Market, LHV offers the best conditions for investing in Baltic securities. LHV is the only one in Estonia to offer unlimited free trading and free safekeeping of Baltic shares.
In addition, you can order periodic overviews of publicly traded Baltic companies from LHV’s analysts, which reveal the assessment of analysts towards the results and in which the fair value of the share is designated.
The possibility to use margin loans to take positions
If you have concluded a margin loan agreement, we will allow you to take a loan against your portfolio of publicly traded securities in order to take new positions. A margin loan can also be used to perform transactions if sufficient funds are currently unavailable.
Get an overview of your alternative investments
LHV clients can add crowdfinancing and cryptocurrency accounts to LHV internet bank statement for an holistic overview of your financial assets from a single location.
You can see the investment cost and profit for your investments, as well as the available cash at the given platform in the alternative investments section of the internet bank.
You can add your Coinbase, Crowdestate, EstateGuru and Funderbeam accounts, with Bondora and others coming in the near future.
Read FAQ for more information.
Nasdaq Baltic Awards 2019 Stock Exchange Member of the Year
LHV Pank was noted for it's increasing trading activity, steady commitment to serving, educating and inspiring the investor community, acting as a liquidity provider on the market, and contributing to the organization of IPOs and SPOs.
How to bring your securities to LHV?
Perform a free of payment securities transfer using the LHV internet bank.
Start the order in the internet bank. Enter the name of the security (or its ISIN code), the quantity and price at which you would like to transfer the securities. As the next step, enter the name of the counterparty, their securities account number and the account administrator. View the instructions.
Perform a free of payment securities transfer in your current bank.Transfer your securities
To perform a free of payment securities transfer make sure that you also forward the transfer order to the counter-party’s account administrator bank. The transaction order must be identical to the transaction of the counter-party.
Opening a securities account
Register yourself as a client of LHV
If you are not yet a client of LHV, open an account.
Conclude an investment services agreement
Conclude an investment services agreement in order to conclude securities transactions. You can also do this in the LHV mobile app.
Trading with Baltic securities
To trade with Baltic securities, open a free Baltic securities account.
Bring your existing securities to LHV
If you have previously acquired securities in other banks, you can conveniently bring them to LHV with a securities transfer.
|Creating a securities account (including a Baltic securities account)|
Free of charge
|Administering of Baltic shares|
Free of charge
|Transaction fee for Baltic shares|
Free of charge
|Management fee for foreign securities|
Private person: 50 000 € is free of charge, 0.01% fee per month for portfolio value exceeding 50 000 €*
Legal person: 0.01% of portfolio value per month, minimum of 2 €*
|Service charge for equity (including the ETF-s) trades, market order, on U.S., Nordic, Russian, Canadian, German, Italian, French and Spanish stock exchanges**|
Trade size up to 1000 €: 11 €
Trade size 1000 € - 10 000 €: 14 €
Trade size over 10 000 €: 0.14%
|Service charge for bond transactions|
6 € + 0,2%
|Service charge for fund shares|
Purchase transactions for LHV funds free of charge, sales transaction 1%; Other funds - purchase and sales transaction 1%
|Service charge for options|
6 € Contract
6 € per month
Loan interest for a margin loan starts from 7.5%. Many Baltic securities and most of the securities listed on the foreign stock exchange are suitable as collateral.
Documents and additional information
- Price list of LHV Pank
- Investing into the shares of the US requires a residency certificate
- Filling in W-8BEN and W-8BEN-E
- Terms and conditions of Baltic analyses
- Key Information Document - Long Call Option
- Key Information Document - Long Put Option
- Target markets for securities and investment products offered by LHV
- How to reclaim withholding tax on dividends received from Nordic shares