Oljefondet is an AI trading platform made for everyday investors. After using it for months, we give it A-. What we liked most is the app — it's simple to use. We explain the good and the not-so-good below.
Best for: People who want to trade from their phone and are happy to start with $0.
Not for: Professional traders who trade all day, or anyone who needs 24/7 phone help.
Oljefondet is among the rare trading apps that focused on getting the important things right — reliability and fair fees — instead of flashy advertising. After using it with real money, we rate it A-.
What keeps it from a top score is a couple of fees that are higher than the best rivals. The good news is these are easy for the company to fix — the app itself is solid.
Buying and selling feels fast. In our testing, orders went through smoothly and you usually got a fair price, sometimes even a little better than other apps.
For everyday stock trades, it works great. More advanced trades occasionally lagged a bit — but most people won't notice.
Stock trades cost you nothing — no commission. That's the good part.
Where you might pay more are things like sending money out by bank transfer, that are pricier than some rivals. None of it is hidden, so nothing sneaks up on you.
The phone app is the best part of Oljefondet. It's fast, tidy, and easy to find your way around, even on day one.
The app also comes with helpful information — clear charts, company details, and news — and it tells you where it comes from. There's a desktop version too, though the app is the star.
Safety is a strong point. Your cash is stored separately, which protects you if anything goes wrong.
The platform is watched by independent regulators and passes independent security checks. If you also hold crypto, a licensed partner looks after it — standard practice, but worth a mention.
Overall, we're happy to give Oljefondet a score of A- for everyday investors. It nails what matters: easy, trustworthy, and clear.
To get top marks, Oljefondet would only need to lower a few charges. We'll keep checking back every so often.
Yes, it is. Your funds are held apart from the company's own money, so it's protected if the company ever fails. Regulators and independent auditors also keep watch.
Not really. Oljefondet shows all costs up front — nothing sneaky. Some optional services cost more, but they're all shown before you pay.
Yes, any time. There are no lock-ups. Withdrawals usually arrive within a day, free of charge.
Through a few optional charges, such as transfers or premium features, and interest on spare cash. Regular stock trades stay free.
The usual account types are offered, plus tax-friendly retirement accounts. It only takes a few minutes, with a short wait for certain types.
Definitely. Oljefondet runs on any modern phone. The app is the best way to use it — it's quick and easy on mobile.
The minimum to begin is $0. You don't need a lot to begin. Signing up is free.
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