Wikilix
Carnegie logo

Carnegie

No Regulation
Sweden
,
Since 2003
Last Updated:
63/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
Standard Account

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

No funding methods available

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 63%, 2: License 0%, 3: Software 0%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
63%Fair
License
0%Poor
Software
0%Poor
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Regulatory Licenses

Regulatory Licenses:
Tier 1
United Kingdom flag
Regulated
FCA | United Kingdom
Regulatory Licenses:
Tier 1
Regulated
FI |

Company Information

Full Name:DNB Carnegie Investment Bank AB (publ)
Founded:2003
Headquarters:Sweden
Enterprise Offices:2offices

Customer Support

Phone:
+46 8 588 688 00
Live Chat:
Not Available
Response Time:
—
Languages:
EnglishSwedish
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about Carnegie: its history, the licences it holds, its trading conditions and its fees.

Overview

Carnegie is the brand of DNB Carnegie Investment Bank AB (publ), a Swedish investment bank headquartered at Regeringsgatan 56 in Stockholm and registered under Swedish company number 516406-0138. Its own website describes it as a Nordic financial adviser and asset manager that brings investors together with entrepreneurs and companies, with operations in Sweden, Norway, Denmark, Finland, the United Kingdom and the United States. In March 2025 the site announced the completion of the group's acquisition by DNB Bank ASA, and the footer of every page now carries the DNB Carnegie name.

What it actually offers

The published business lines are investment banking, securities and private banking. Under Securities the bank offers institutional clients equity research, brokerage and sales trading, and equity capital market transactions, with a Fixed Income unit providing bond research and sales. The site states that Carnegie has over 60 analysts covering more than 400 companies across Sweden, Norway, Denmark and Finland.

There is no retail foreign exchange or contract-for-difference offering anywhere on the reachable site. No leveraged trading accounts, spreads, lot commissions or margin terms are published, and no retail trading terminal is advertised.

Regulatory standing

No forex or CFD trading licence could be confirmed for this firm in this review, and the site does not publish a supervision statement or a register verification link on the pages that were read. That absence should be read for what it is: this is an investment bank rather than a retail leveraged-trading venue, and its permissions were not verifiable from the sources available here. Readers should not treat the entry as evidence of an unlicensed retail forex operation, nor as evidence of a verified one.

What the site does state is that clients are covered by the Swedish state deposit guarantee and by the Investor Protection Act, with the details set out in the bank's information booklet. Its UK presence is registered at Companies House as an overseas company, FC018658, recorded there as a credit or financial institution.

Corporate identity

The operating entity is disclosed openly and matches across sources. The contact page names Carnegie Investment Bank AB (publ), 516406-0138; the GLEIF record for LEI 529900BR5NZNQZEVQ417 shows the same Swedish company number under the current legal name DNB Carnegie Investment Bank AB, status active, with Carnegie Investment Bank AB recorded as the previous legal name and an entity creation date of 30 December 2003. The registered city and postcode agree with the address on the site.

Accounts, fees and platforms

The site publishes no account tiers, no minimum deposit, no leverage figures, no spread or commission schedule and no funding or withdrawal methods. Client relationships are established through advice and an expression-of-interest contact form rather than an online signup, and pricing is evidently agreed per mandate. A private banking portal and a research platform are offered to existing clients behind a login.

Support

Support is by telephone on +46 8 588 688 00, by email to the private banking desk, and in person at offices in Stockholm, Gothenburg, Malmo and Linkoping. There is no live chat, no ticket portal and no published response-time commitment. The site is available in Swedish and English.

Pros and cons

  • Pro: a named, openly disclosed Swedish legal entity, confirmed active on an authoritative record with a matching company number and address.
  • Pro: long, documented corporate history, with a UK establishment on the register since July 1995 and part of a large Nordic banking group.
  • Pro: the site references statutory deposit and investor protection rather than offering only a firm-level promise.
  • Con: no retail forex or CFD product at all, so anyone arriving here looking for a leveraged trading account will not find one.
  • Con: no published pricing, account terms or platform details, which makes the offering impossible to compare with a retail broker.
  • Con: a UK-facing domain the main site still links to does not resolve, which is untidy for a firm that maintains a London establishment.

Assessment

Nothing found in this review points to fraud. The firm behind the brand is real, registered, active and institutional in character. The correct conclusion is simply that it is not a retail forex or CFD broker and should not be evaluated as one. Anyone seeking leveraged currency trading should look elsewhere; anyone considering the bank's actual services should ask it directly for the applicable licence permissions and the fee schedule, since neither is published.

Website archive
Captured

Website snapshots

10 full-page captures of Carnegie's own site, archived so what they said can still be read after the pages change.

10 pages
Homepage
About DNB Carnegie
General Terms & Legal Documents
Terms of Use & Disclaimer
Deposit Guarantee (Riksgälden)
MiFID II Client Protection Rules
Price List, Costs & Fees
Investment Savings Account (ISK)
Complaints & Dispute Resolution
Personal Data Processing
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
Regulation check
Checked

Regulatory Licenses

Carnegie holds a tier-1 or tier-2 licence that we confirmed on the regulator's own register. Each licence below opens its record of what that register says.

2 of 2 checked
Licences on record
2
Confirmed on register
2
Tier 1 or 2
2
Offshore
0

WIKILIX

Licence intelligence

The strongest of 2 licences on file

Licence Verification Record

Finansinspektionen (Swedish Financial Supervisory Authority) 11144

Wikilix read the FI register on Sep 17, 2026. This is what it said.

Name on the register
DNB Carnegie Investment Bank AB
Authority strength
Tier 1
Register status
active
Effective
Nov 28, 2003

Checked Sep 17, 2026

Permissions

  • 16. Annan förmögenhetsskada (direkt), [2 kap. 11 § försäkringsrörelselagen (2010:2043)]
  • VP-inst, DPE - aktier: Anmälan som utsedd publiceringsenhet för vissa klasser av finansiella instrument enligt artikel 21 a i Europaparlamentets och rådets förordning (EU) nr 600/2014 av den 15 maj 2014 om marknader för finansiella instrument och ändring av förordning (EU) nr 648/2012 (Mifir).
  • VP-inst, DPE – depåbevis: Anmälan som utsedd publiceringsenhet för vissa klasser av finansiella instrument enligt artikel 21 a i Europaparlamentets och rådets förordning (EU) nr 600/2014 av den 15 maj 2014 om marknader för finansiella instrument och ändring av förordning (EU) nr 648/2012 (Mifir).
  • VP-inst, DPE – obligationer: Anmälan som utsedd publiceringsenhet för vissa klasser av finansiella instrument enligt artikel 21 a i Europaparlamentets och rådets förordning (EU) nr 600/2014 av den 15 maj 2014 om marknader för finansiella instrument och ändring av förordning (EU) nr 648/2012 (Mifir).
  • Tillstånd att registreras som förvaltare av fondandelar, enligt lag (2004:46) om värdepappersfonder 4 kap. 12 § eller lag (2013:561) om förvaltare av alternativa investeringsfonder 12 kap. 5 §
  • Mottagande och vidarebefordran av order beträffande finansiella instrument, enligt 2 kap. 1 § 1 p. lagen [2007:528] om värdepappersmarknaden
  • Utförande av order beträffande finansiella instrument på kunders uppdrag, enligt 2 kap. 1 § 2 p. lagen [2007:528] om värdepappersmarknaden
  • Handel med finansiella instrument för egen räkning, enligt 2 kap. 1 § 3 p. lagen [2007:528] om värdepappersmarknaden
  • Diskretionär portföljförvaltning beträffande finansiella instrument, enligt 2 kap. 1 § 4 p. lagen [2007:528] om värdepappersmarknaden
  • Investeringsrådgivning till kund beträffande finansiella instrument, enligt 2 kap. 1 § 5 p. lagen [2007:528] om värdepappersmarknaden
  • Garantigivning och placering av finansiella instrument med fast åtagande, enligt 2 kap. 1 § 6 p. lagen [2007:528] om värdepappersmarknaden
  • Placering av finansiella instrument utan fast åtagande, enligt 2 kap. 1 § 7 p. lagen [2007:528] om värdepappersmarknaden
  • Ia) Livförsäkring (direkt), [2 kap. 12 § försäkringsrörelselagen (2010:2043)]
  • Ib) Tilläggsförsäkring till livförsäkring (direkt), [2 kap. 12 § försäkringsrörelselagen (2010:2043)]
  • IIa) Giftermålsförsäkring (direkt), [2 kap. 12 § försäkringsrörelselagen (2010:2043)]
  • IIb) Födelseförsäkring (direkt), [2 kap. 12 § försäkringsrörelselagen (2010:2043)]
  • III. Försäkring anknuten till värdepappersfonder (direkt), [2 kap. 12 § försäkringsrörelselagen (2010:2043)]
  • IV. Lång olycksfall- och sjukförsäkring (direkt), [2 kap. 12 § försäkringsrörelselagen (2010:2043)]
  • 1. Olycksfall (direkt), [2 kap. 11 § försäkringsrörelselagen (2010:2043)]
  • 2. Sjukdom (direkt), [2 kap. 11 § försäkringsrörelselagen (2010:2043)]

What our check found

Investment-firm authorisation under the Swedish Securities Market Act (2007:528): reception and transmission of orders, execution on behalf of clients, dealing on own account, discretionary portfolio management, investment advice, and underwriting and placing of financial instruments. Client protection: Strong. MiFID II investor protection, with client securities covered by the Swedish investor-protection scheme.. Effective: 1 Nov 2007.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Open the FI licence recordCheck it on the registerAbout FI

Tier 1 and 2 authorities

1 licence
Client acceptance

Country availability

Where Carnegie says it will and won't take clients

No country restrictions on record. We looked and found nothing published — which is not the same as being open to everyone. Check Carnegie's terms.

How we know — 6 sources
  1. 1Terms: https://www.carnegie.se/en/general-terms-and-conditions/ and https://www.carnegie.se/terms-and-conditions/ were both reached. They index the general provisions for custody accounts, trading agreements, portfolio management and order execution as separate documents and contain no jurisdiction restriction clause on the page itself.
  2. 2A dedicated countries page was looked for at /en/restricted-countries/, /restricted-countries/, /en/where-we-operate/, /en/important-information/ and /en/legal/; all returned 404 in both the unprefixed and the /en/ locale form.
  3. 3There is no public self-service registration form on the site, so no onboarding country selector could be read; client onboarding runs through an expression-of-interest contact form rather than an automated signup.
  4. 4No AML/KYC policy page, deposit page or partner terms carrying jurisdiction restrictions was published on the reachable site.
  5. 5The footer carries a copyright line for DNB Carnegie Investment Bank AB and language variants for Swedish and English only; it states no jurisdiction disclaimer.
  6. 6No restriction list was found on any reachable page, so all four lists are empty. Absence of a published restriction is not the same as acceptance, and no country has been recorded as accepted.
Recorded by WIKILIX research, not published by the broker, and not a guarantee. A country listed nowhere above is not thereby accepted — check Carnegie's own terms before you open an account.
Websites

Global Domains

5 domains on record. 4 active.

5 domains
  • www.carnegie.co.ukRegionalInactive
  • pb.carnegie.se/loginListed domainActiveHTTPS
  • edge.carnegie.seListed domainActiveHTTPS
  • www.dnbcarnegie.comRegionalActiveHTTPS
  • www.carnegiegroup.comBackupActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

One official channel on record.

1 channel
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

2 legal entities behind the Carnegie brand.

2 entities
  • DNB Carnegie Investment Bank AB (publ)ActiveSwedenRegistration 516406-0138Established Dec 30, 2003Swedish operating entity named on the official site's contact page; previously registered as Carnegie Investment Bank AB, renamed in 2025. LEI 529900BR5NZNQZEVQ417.
  • DNB Carnegie Investment Bank AB (UK establishment)ActiveUnited KingdomRegistration FC018658 / BR003022Established Jul 1, 1995Overseas-company registration of the Swedish bank at UK Companies House, recorded as a credit/financial institution; first UK establishment opened 1 July 1995.
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

The operating company is DNB Carnegie Investment Bank AB (publ). Registered in Sweden. Registration number 516406-0138.

Verified on registry
Legal entity
DNB Carnegie Investment Bank AB (publ)
Registration number
516406-0138
Jurisdiction
Sweden
Incorporated
Dec 30, 2003
Registry
Bolagsverket (Swedish Companies Registration Office); entity confirmed on the Finansinspektionen company register and the GLEIF LEI record
Registered address
103 38 Stockholm, Sweden
Frequently Asked Questions

Frequently Asked Questions

Common questions about Carnegie

Most Popular Questions

The main site's link for its UK operation redirects to a carnegie.co.uk address that does not currently resolve; both a plain request and a full browser were tried. The firm's UK establishment remains registered and active at Companies House, so this appears to be an unmaintained domain rather than a closed operation, but the broken link is worth noting for anyone approaching through the UK page.

By telephone on +46 8 588 688 00, by email to the private banking desk at privatbank@carnegie.se, through the contact form at carnegie.se/en/contact-2/, or in person at one of the four Swedish offices. There is no live chat and no published response-time commitment.

The site states operations in Sweden, Norway, Denmark, Finland, the United Kingdom and the United States. It publishes no restricted-country list, and no onboarding country selector exists to read, so no jurisdiction has been recorded as either accepted or refused. Absence of a published restriction is not acceptance.

Its head office is Regeringsgatan 56, SE-103 38 Stockholm. The contact page also lists offices in Gothenburg (Sankt Eriksgatan 6), Malmo (Stortorget 9) and Linkoping (Tanneforsgatan 3). Its UK establishment is registered at Finwell House, 26 Finsbury Square, London EC2A 1DS.

Nothing found in this review supports that. The legal entity is named openly, is confirmed active on an authoritative corporate record with a matching company number and address, and has a UK establishment on the register since 1995. The accurate finding is that it is not a retail forex or CFD broker, so it should not be judged by that yardstick at all.

No spread, commission or fee schedule is published. Pricing is evidently agreed per mandate. The absence of published pricing makes the offering impossible to compare against a retail broker's cost table, and a prospective client should request the schedule in writing.

The site publishes no deposit or withdrawal methods, fees, limits or processing times. This is not a retail funding model, so no timeframe can be stated.

There is no online self-service registration. The site directs prospective clients to a contact and expression-of-interest form, after which the relationship is established through the firm directly.

No retail trading terminal such as MetaTrader 4, MetaTrader 5 or cTrader is advertised on the site. What is offered to existing clients is a private banking portal and a research platform, both behind a login.

No leverage figures are published anywhere on the site, because no leveraged retail trading product is offered. Any figure quoted for this brand elsewhere is not supported by the firm's own disclosures.

None is published. The website states no minimum deposit, no account tiers and no funding terms, which is consistent with a relationship-based institutional and private banking model rather than a self-service retail account.

The operating entity is DNB Carnegie Investment Bank AB (publ), Swedish company number 516406-0138, registered in Stockholm. The GLEIF record for LEI 529900BR5NZNQZEVQ417 confirms the entity as active under that number, with Carnegie Investment Bank AB as its previous legal name. The website announced in March 2025 that the group's acquisition by DNB Bank ASA had completed.

No forex or CFD trading licence could be confirmed for this firm in this review, and its website does not publish a supervision statement or a register verification link on the pages read. That is not the same as a firm claiming a licence it does not hold: it makes no retail trading licence claim at all. Its UK presence is on the Companies House register as an overseas company recorded as a credit or financial institution, and its terms reference the Swedish state deposit guarantee and the Investor Protection Act, but neither of those is a forex licence. Anyone considering its services should ask the firm directly for its permissions.

No. Carnegie is the brand of DNB Carnegie Investment Bank AB (publ), a Swedish investment bank. Its published business lines are investment banking, institutional securities research, brokerage and sales trading, equity capital market transactions, fixed income, and private banking. No retail foreign exchange or CFD product appears anywhere on its website.

Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.

Comments

Share your thoughts and experiences with Carnegie