Avanza is the largest stockbroker in Sweden and on the Stockholm Stock Exchange, with 2,000,000 customers and a 6.6% share of the Swedish savings market as of August 2023.
[2] In 2006, Avanza acquired stock magazine Börsveckan and launched Placera, a free online newspaper.
The two are editorially independent and are grouped under Placera Media, a wholly-owned subsidiary of Avanza.
[3] During the same year, another wholly-owned subsidiary, fund manager Avanza Fonder, was launched, along with their first product Avanza Zero, a completely free-of-charge index fund tracking the OMX Stockholm 30 index.
[4] In 2019, Avanza won the Swedish Quality Index’s award for the most satisfied savings customers in Sweden for the tenth consecutive year.