Online broker comparison Switzerland 2026🇨🇭

It is not the promised return that determines which broker is good. It is the fees, which are guaranteed to accrue over the years and can quickly make a difference of several thousand francs, depending on the securities account.

In this Online Broker Comparison Switzerland – also known as Depot comparison Switzerland - you will find the most important providers with real costs, deposit protection, ETF savings plans and clear categorisation. You will find out which trading platform convinced us in our test across Switzerland and what you should definitely look out for. Regardless of whether you want to buy shares as a beginner, open a low-cost share portfolio or save for ETFs in the long term.

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SwissquoteSaxo BankDegiroCornèrtraderPostfinanceInteractive BrokersMigros Bank
Online Broker Comparison Switzerland 1Online Broker Comparison Switzerland 2Online Broker Comparison Switzerland 3cornertrader logo cornertrader experience switzerland cornertrader review testOnline Broker Comparison Switzerland 4Online Broker Comparison Switzerland 5Online Broker Comparison Switzerland 6
Fees & Costs- Order fees from CHF 3 for shares and ETFs
- Custody fees CHF 20 - CHF 50 per quarter		- Order fees at least CHF 3 or 0.08% of the order volume (Classic)
• Since 2025: Custody fees free of charge		- Order fees from CHF 1 and an additional CHF 1 for processing
- Custody fees free of charge		- Order fees from CHF 6 for shares and ETFs
- Custody fees from CHF 0 (up to CHF 10,000) to CHF 280/year (for CHF 500,000), tax statement CHF 20		- Order fees on SIX staggered from CHF 6 to CHF 300
- Custody fees CHF 72 / year (credited as trading credit. Expires annually).		- Order fees 0.05% to 1.0% or min. CHF 1.50 to max. CHF 49
- Custody fees free of charge		- Order fees flat rate CHF 40
- Custody fees 0.23% or at least CHF 50
What does an ETF purchase cost for CHF 10,000?from CHF 9 (selected ETFs)CHF 8, or free of charge when purchasing via AutoInvest savings planfrom CHF 2.50 (selected ETFs)CHF 12 (0.12% for Swiss ETFs)CHF 30CHF 5CHF 40
Swiss deposit guarantee up to CHF 100,000Online Broker Comparison Switzerland 7Online Broker Comparison Switzerland 7Online Broker Comparison Switzerland 7Online Broker Comparison Switzerland 7Online Broker Comparison Switzerland 7
Special advantages- Savings plans
- Wide range of products (shares, ETFs, options, cryptos)
- Interest on cash		- Very low trading fees
- Savings plans with free ETFs
- Free tax statement
- No minimum deposit
- Only 0.25 % currency conversion fee
- Interest on cash		- Favourable fees
- Wide range of products
- Intuitive user interface
- Free ETF purchases 1×/month		- Interest income on CHF/EUR/USD balances
- No custody fees up to £10,000
- Immediate Liquidity access by debit card
- A Tax statement for everything
- Multi-currency accounts		- Custody fees are credited as trading credit
- Simple account connection
- Deposit protection		- No custody fees
- Very low FX fees
- Interest on cash
- Extremely wide product selection
- Professional tools for traders		- Flat fee for large orders
- Swiss customer support
- Branches
Disadvantages- Fees could be more favourable- Share register / AGM only via manual and partly chargeable process- No entry in the share register
- No Swiss deposit protection		- Higher minimum fees for small transactions
- Complex interface for beginners
• New custody fees from 2026 (still free of charge up to CHF 10,000)

- Negative interest from CHF 250,000
- Outdated user interface		- No Swiss deposit protection
- Customer service difficult to reach		- Account opening Not fully digitised
Promotion?Coupon for CHF 100 trading fees and selected ETFs discounted Voucher for CHF 200 trading fees Voucher for CHF 100 trading feesVoucher for CHF 250 trading feesCustody fees given as trading fees --
Schwiizerfranke RatingOnline broker comparison Switzerland 12Online Broker Comparison Switzerland 13rating starsrating starsOnline Broker Comparison Switzerland 14Online Broker Comparison Switzerland 14Online Broker Comparison Switzerland 16
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Investing harbours risks of loss.

Broker comparison Switzerland: Which one suits you?

🎯 Schwiizerfranke summary: Which broker for whom?
Most favourable CH brokerSaxo Bank - from CHF 3, no custody account fee, 100+ ETFs free of charge in the savings plan, 0.25% FX
Beginners SwitzerlandSaxo Bank - simple, favourable, ETF savings plan commission-free, free e-tax
Leading CH brokerSwissquote - broadest offering, Swiss bank, share register free of charge
Swiss shares & AGMSwissquote - Entry in the share register uncomplicated and free of charge
Favourable + internationalDEGIRO - from CHF 2.50, no deposit fee - do not observe Swiss deposit protection
Professionals / lowest FXInteractive Brokers - most favourable FX fees, professional tools, no Swiss deposit protection
💡 Schwiizerfranke assessment: There is no such thing as the «best» broker - it depends on your usage behaviour and the size of your custody account. For most Swiss ETF investors, Saxo Bank is currently the strongest combination of price and security.

Broker recommendation is loaded ...

Table of contents

Broker comparison costs in detail

Not all criteria are clearly measurable when comparing trading platforms, but the fees are. They should not be the only selection criterion and yet they are very important. First of all: Every provider charges fees somewhere.

Online brokers are usually not honorary and fees are often very creatively accommodated in the financial industry to make comparison difficult. Fair providers display fees and costs clearly and transparently.

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Sorted by order fees

Order fees Examples:

Order fees: Suppose you buy international ETFs worth CHF 1,000 per month:

    • Saxo Bank: At least CHF 3 or 0.08%, i.e. CHF 3. (You can even buy selected ETFs free of charge in the ETF savings plan).
    • SwissquoteCHF 5 for ETF Leaders (level CHF 500-1,000). From CHF 1’001 it costs CHF 9 flat.
    • DEGIROFrom CHF 2.50 for selected ETFs
    • Interactive Brokers: 0.05% or at least CHF 1.50 (tiered) or CHF 5 (fixed price), i.e. approx. CHF 3-5
    • CornèrtraderFrom 0.12% per trade (minimum CHF 9), i.e. CHF 9
    • Postfinance: CHF 15 
    • VZ Finance Portal ProCHF 39 plus 0.05%, i.e. CHF 39.50
    • Migros Bank: Flat rate CHF 40
    • Cornèrtrader0.12 % of the transaction volume, minimum CHF 9 for Swiss shares.

Order fees are incurred each time securities are bought or sold. Flat fees (as with Migros Bank) can be very expensive for newcomers with small amounts and very inexpensive for wealthy customers.

Percentage order fees are common and often combined with a fixed fee (e.g. CHF 9 + 0.05%). In order to buy shares and ETFs at favourable prices, you should pay attention to percentage fees.

Example: CHF 9 flat fees are not necessarily cheap. If your investment is only CHF 100, you will pay a percentage of 9% fees! In this case, an investment larger than CHF 1,000 would be inexpensive, since you then pay only as 0.9% fees. So save longer or invest less often to save on flat order fees.

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Custody fees Examples:

Overview of the annual Custody fees with increasing deposit sizes.

Depot size: CHF 30'000 CHF 50,000 CHF 100,000 CHF 250,000 CHF 500,000
Saxo Bank CHF 0 CHF 0 CHF 0 CHF 0 CHF 0
Degiro CHF 0 CHF 0 CHF 0 CHF 0 CHF 0
Interactive Brokers CHF 0 CHF 0 CHF 0 CHF 0 CHF 0
Migros Bank CHF 69 CHF 115 CHF 230 CHF 575 CHF 1'150
Postfinance CHF 72 CHF 72 CHF 72 CHF 72 CHF 72
Swissquote CHF 80 CHF 100 CHF 100 CHF 150 CHF 200
Cornèrtrader CHF 80 CHF 100 CHF 200 £240 £280

Custody account fees comparison:

Custody fees usually depend on the size of your custody account. This is how the custody account fees are calculated by the individual providers:

  • DEGIRO: No custody fees.
  • Interactive Brokers: No custody fees.
  • Saxo Bank: Since February 2025, custody account management has been completely free of charge.
  • Cornèrtrader: From 2026, tiered custody fees: CHF 0 (up to CHF 10,000), CHF 80/year (up to CHF 50,000), CHF 100/year (up to CHF 100,000), CHF 200/year (up to CHF 250,000), CHF 240/year (up to CHF 500,000), CHF 280/year (up to CHF 1 million). Additional mandatory tax statement for CHF 20 per year.
  • Migros Bank: At 0.23% of the custody account volume or at least CHF 50 per year.
  • PostfinanceFlat rate of CHF 72 per year, but these are credited as trading credits
  • SwissquoteHas a staggered model. CHF 20 per quarter for amounts between 0 - 50'000. Then CHF 25 per quarter for amounts between 50'000.01 - 100'000 francs. Then CHF 37.5 for amounts between CHF 100,000.01 - 150,000 per quarter. And finally a maximum of CHF 50 for all deposit amounts over CHF 150,000.

Custody fees are ongoing costs that are incurred by most online brokers. In the above case, these are very inexpensive everywhere, especially as the portfolio value increases. The foreign brokers Degiro and Interactive Brokers have no custody account fees and Postfinance gives them away as trading fees (which, however, expire annually).

online broker switzerland test large comparison of the best stock trading platforms in switzerland in comparison currently

Inactivity fees

Inactivity fees are particularly nasty, as they penalise you if you do not place an order. You are therefore forced to pay fees - either in the form of order fees or the inactivity fee. None of the above providers have inactivity fees for retail accounts.

By the way, the selection of online brokers in this comparison would be even larger, but for some of them their inactivity fee combined with other criteria led to their exclusion.

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User friendliness

Online brokers and Swiss trading platforms are not always particularly user-friendly. This is due to the fact that professional traders need different tools and functions than an investor who simply wants to buy and hold a few shares.

Some of the above providers therefore have different «interfaces» for different user groups. Swiss mobile trading apps are also available in some cases and therefore offer you as a customer full flexibility.

Since personal well-being has a strong influence here and the categorisation is difficult to measure, no rating should confuse you. As there is no such thing as the best broker for everyone, you will find a preselection here and can compare the best brokers.

Important in this day and age for many users is the digitalization and simplicity of opening a securities account. Swissquote, Saxo Bank and Degiro are probably the easiest/quickest in terms of opening an account. Since Interactive Brokers are from the USA, there are far more questions for you here. Cornèrtrader offers a very comprehensive trading interface, but one that is probably almost too complex for beginners. Migros Bank and VZ can be compared in terms of digitalisation and paperless trading. Account opening However, direct customer contact may be part of the strategy here.

📌 Note on the share register entry at Saxo:

Anyone wishing to attend general meetings at Saxo Bank or register registered shares must expect a manual and sometimes costly process. Swissquote is clearly more user-friendly for Swiss shareholders.

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Security, regulation and deposit insurance

Returns and user-friendliness are of little help if your money is suddenly gone. In the broker account comparison in terms of security and deposit protection, there is not necessarily a perfect solution, but personal feelings count.

If Finma regulation with Swiss deposit insurance, up to CHF 100,000 is an absolute must for you, it is.

For your information: Deposit protection always applies to cash, i.e. cash deposits. Securities (shares, ETFs, etc.) are always protected indefinitely, as they are not included in the loss in the event of insolvency.

So, if a broker protects only CHF 20,000, but you do not deposit higher cash amounts with the broker, this will not be a problem for you. 

  • Deposit insurance for Swissquote, Saxo Bank, Cornèrtrader, PostfinanceMigros Bank, VZ: Up to CHF 100,000 Swiss deposit protection
  • Deposit insurance for Degiro: Protected up to 100,000 euros by the German deposit guarantee scheme
  • Deposit protection at Interactive Brokers: SIPC protection up to USD 500,000 per customer - of which max. USD 250,000 in cash

Securities lending:

If a broker operates securities lending, it can temporarily lend your securities to third parties via a right of use and thus generate additional income.

Securities lending is usually found as a voluntary option with the very favourable online brokers, because they also have to earn money somewhere. 

The topic is debatable, but in our comparison of the best brokers in Switzerland, securities lending is definitely not recommended. This is because securities lending may bring a small return, but on the other hand it carries the risk of a total loss.

How do I find the best broker for me in Switzerland?

There are over 200 Swiss banks and many other providers, so there is a wide choice of stock brokers throughout Switzerland. Your cantonal bank may also offer a securities solution, but the classical banks are comparatively much more expensive than the online banks.

You should check which provider offers the best solution for your project.

This is how you proceed:

  1. Which products would you like to buy and where can you find a good selection? ETFs, for example? Then don't pay attention to shares, but in this case it's about an ETF broker comparison throughout Switzerland. 
  2. Which provider's fees match your options? BFor example, do you have CHF 10,000 to start with and want to invest CHF 500 per month? Check the fees for your options.
  3. Found the best broker in Switzerland for you and your conditions? Then take advantage of the offers from Schwiizerfranke to save further fees or receive starting credit. More information can be found in the respective test reports. 
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Conclusion Online Broker Comparison Switzerland

As you have seen in the online broker comparison Switzerland, there is no one perfect broker. Rather, you should ask yourself what is important to you: Presumably low fees? Surely a user-friendly user interface? High security standards? A broad product range?
The most popular or leading Swiss online broker is Swissquote. The offer from Swissquote is certainly attractive, but not the cheapest everywhere. The cheapest broker in Switzerland for small orders is currently Saxo Bank with a minimum fee of just CHF 3. If you want to buy shares regularly or use an ETF savings plan, you will find it particularly favourable. However, the exact fees always depend on your usage behaviour.

This broker overview is only intended to help you. Compare which fees apply to your personal investment behaviour and which provider suits you best.

Feel free to share your personal assessment in the comments and let us know which online broker suits you!

If you are looking for a broker comparison Robo Advisor comparison, take a look at the large Robo Advisor comparison!

FAQ

Thanks to the Internet, thousands of online brokers are available to us worldwide.

In Switzerland, we have the franc as our home currency, which is why the Swiss should in most cases invest in francs for the reasons listed here.

This broker comparison Switzerland focusses on the best online brokers for the Swiss.
For reasons of clarity, we only list the best brokers from our experience reports.

An important, good broker has been forgotten or a new offer is on the market? Be sure to let us know in the comments or by e-mail! Thank you for your support!

Opinions are divided on this question.

The low costs, which are usually (but not always) significantly lower than those offered by Swiss brokers, naturally speak in favour of a low-cost foreign broker. This will be shown in the Custody account fees comparison Switzerland-wide vs. international quickly clear.

In addition to topics of Regulation and other details such as the Deposit protection should but you absolutely need the Currency risk note.

Not only does every currency exchange to a broker abroad cost you fees, but you also bear the Riskwhen the Currency of the custody account (such as euros or US dollars) against the Swiss franc.

A Custody account management in Swiss francs is therefore absolutely important in my eyes. 

Regardless of whether you are looking for the best broker in Switzerland or internationally, pay attention not only to fees, but also to other factors.

Cash.ch has quite high fees for investors with small assets.
With minimum custody account fees of CHF 100 and flat-rate trading fees of CHF 29, Cash.ch's fees tend to be in the upper price segment.

Although Finanzen.net Zero's offer is inexpensive, like many foreign brokers' offers, it is not denominated in Swiss francs, but in euros at Baader Bank in Germany.

For the Swiss, this is a reasons listed here does not make sense.

Furthermore, Finanzen.Net Zero does not currently offer a single Swiss ETF (such as SPI or SMI). There are also hurdles with regard to taxes that have not yet been resolved.

We spoke to the provider and were told that they are working on it. However, the solution is not yet of interest to the Swiss.

You can see which Neo Broker performs best in Switzerland in the comparison above.
Depending on the comparison factor (fees, functions, location, etc.), the Neo Brokers perform comparatively differently.

By the way, there is also a Trading app comparisonwhere not brokers from Switzerland, but specifically smartphone brokers such as Yuh, Neon Invest and Co. are compared.

You can find the test for the share savings plan and ETF savings plan here linked.

Yes, this is now possible. However, the process is time-consuming: You must first fill out special forms, sign them by hand and then send them by post to an address in the United Kingdom (UK). Only then can you participate in general meetings or exercise your voting rights. With other brokers such as Swissquote or PostFinance, this is easier and can be done digitally.

For small orders under CHF 1,000, Saxo Bank is the cheapest broker in Switzerland with a minimum fee of CHF 3. For larger amounts starting at CHF 10,000, percentage fees become more important – here it is worth comparing Swissquote, Saxo Bank and Cornèrtrader in detail.

Saxo Bank currently offers free ETF savings plans via AutoInvest – ideal for anyone who wants to invest regularly in ETFs. Swissquote also offers discounted «ETF Leaders». You can find a detailed comparison in our article on ETF savings plans Switzerland.

Basically the same thing. «Wertschriftendepot» or «Aktiendepot» is the classic Swiss term, while «broker» is the international one. Both refer to the platform where you buy and hold shares, ETFs and other securities. In Switzerland, we use both terms synonymously – which is why you will find both «Depot Comparison Switzerland» and «Broker Comparison Switzerland» online.

For beginners, we recommend Swissquote or Saxo Bank. Both offer an intuitive user interface, Swiss deposit protection up to CHF 100,000 and fair fees. Opening an account is completely digital and takes just a few minutes.

For most Swiss private investors, Saxo Bank is the more rounded solution. Saxo is a FINMA-regulated Swiss bank, has no custody account fees, 100+ ETFs without purchase commission in the savings plan, 0.25% currency conversion and a free e-tax statement. DEGIRO is sometimes slightly cheaper for individual ETF purchases, but does not offer Swiss deposit protection and is less convenient when it comes to share registers and service. Saxo is the better choice for most Swiss ETF investors.

Saxo Bank is currently the best combination of price and simplicity for many beginners in Switzerland. No custody fees, ETF savings plans with 100+ ETFs without purchase commission, 0.25% currency conversion and a free e-tax statement. DEGIRO can be similar or even slightly cheaper for individual purchases, but is less convenient for the Swiss in terms of deposit protection, tax convenience and share register.

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Sources
Financial author Eric Marschall certified investment advisor (IAF) independent financial expert Switzerland - certified financial expert switzerland
About the author

Eric is the founder of Schwiizerfranke.com and certified IAF wealth advisor. Since 2019, he has been helping Swiss citizens to organise their finances comprehensibly, independently and efficiently.

More about Eric & Schwiizerfranke

📌 Note: This article is for information purposes only and does not constitute personalised investment advice.

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Over 8,000 subscribers are already benefiting. 100% Added value. 0% Spam. Cancellable at any time.

58 responses

  1. Somehow this can't be right: "Interactive Brokers: 0.1% or at least CHF 10, i.e. CHF 10 "

    Perhaps you should specify which "international ETFs" you buy. My fees for a purchase of VT on the ARCA exchange (NYSE) just cost me: "Commissions & fees (estimated) 0.33 ... 0.38 USD"

    Reply

    1. Hello, Peter,
      Thank you very much for your comment.
      Unfortunately, the fee structure at IB is not as simple as at other brokers and therefore not as easy to compare. You probably have a custody account of over USD 100,000, because then the fees are different again. At least USD 10 in fees are charged below this amount. So if you no longer trade, you pay these. This is the basis for the comparison (no further trades and no large portfolio in the six-figure range included as a basis).

      Reply

  2. What about the offer from Cornertrader? I think they're fairly new at the start and the prices are still exciting.

    Reply

    1. Thanks for the tip, Christine.
      Cornertrader is "on the radar" - more content will be added soon. At first glance, however, the offer looks rather expensive compared to the brokers above.
      Cornertrader seems to be aimed more at professional traders with large amounts of money. Inactivity fees and the ratings on other platforms do not look particularly good at first glance.

      Reply

  3. Quick question, was Neon Invest also on the list of brokers for comparison? Usually Neon often appears on your list, but not here.

    Reply

  5. Hello,
    Thank you very much for the great compilation. I still have the following questions about Interactive Brokers:
    - How easy is it to get the data for the tax return?
    - What happens to my ETFs if IB goes bankrupt?
    - Is there anything to consider regarding tax deductions as it is not a Swiss broker?

    Reply

    1. Shares are always held as special assets. However, deposit protection at IB is regulated very differently. Some say safer, but I only trust a CH deposit guarantee scheme.

      Not only for IB: US funds should also be subject to US inheritance tax, otherwise the bill will be expensive!

      Reply

  6. A supplement to Interactive Broker: Possible deposits in CHF to UBS account, account management in CHF. Fees can be changed to staggered. Then an ETF on the SIX (called EBS) costs approx. 1.55.

    Trading domicile for Swiss customers in Ireland. Would be great if you could adapt this👍

    Reply

  7. Hi, Eric,
    Clever overview, thank you very much! I would also like to comment on IA if you buy US traded securities, the fees are even lower. However, the foreign currency accounts and fees are the best, making it very efficient in combination with US ETFs. The only disadvantage is the taxation of dividends and the refund of withholding tax for private individuals. Deposit protection is even higher under US law. There's also something for referring friends.

    Reply

    1. Hi Marc,
      thank you for your positive feedback 🙂
      The lack of Swiss deposit protection is an issue for many. With ETFs domiciled in the USA, you should definitely be careful with taxes, this is where the US inheritance tax comes into play, but you certainly know the issue. Just don't let the favourable fees lead you in the wrong direction.

      Reply

    2. If I know correctly, the bank domicile for Swiss customers is (thank God) not in Ireland, but in the UK.

      Reply

  8. Hi Eric

    Thanks for the comparison!
    Swissquote's custody account fees do not state that the amount is capped at CHF 200 per year, i.e. the maximum. Not bad compared to many other providers (but unfortunately still 4x more expensive than Fow Bank).
    In this respect, a comparison of e.g. half a million or more would also have been interesting 😉 Perhaps you could add one?

    Many greetings
    Oliver
    Oliver

    Reply

    1. Hi Oli,
      Thanks for the idea 🙂 I have now added a table for comparing custody account fees for different custody account sizes.

      Reply

  9. Hello, Eric,

    Thank you for the report and your work.

    Regarding Interactive Brokers: I am always debited CHF 5 per order (no matter how many shares I buy)... The report says 0.1%.
    Accordingly, I have also decided to stop saving my CHF ETFs every month, preferring to save more favourably every quarter.

    Greetings

    Reply

    1. Hello Alessandro,
      Correct, at least for Swiss securities the minimum price of CHF 5 applies. For other countries, the situation is different again - quite complex and confusing. In the table we have looked at an "international purchase", so we have simply left it at 0.1%.

      Reply

  10. Why is DBK Bank not suitable for a custody account for Swiss people? They have excellent conditions, low fees and with wise you can avoid the exchange fees very well;-)

    Many thanks for your feedback

    Reply

    1. if you live in switzerland and want to stay in switzerland long-term, your income and expenses will be in francs.
      This would expose a custody account abroad (in euros or USD, for example) to unnecessary currency risk. Specifically, the euro has lost around 50% in value against the franc over the last 40 years. So a euro custody account would have been rather awkward for the Swiss ...

      Reply

  11. Hello

    As far as I know, Flowbank allows you to trade shares and ETFs on the CH stock exchange free of charge. And at Swissquote the fees are only for orders =< 500.- at 5.-. ...

    Reply

    1. Hello Rolf,
      Correct, FlowBank is currently running a promotion where Swiss securities can be traded without commission. More about this in the FlowBank test report.
      Swissquote is also running a special promotion for the selected "ETF Leaders", which can be traded at special conditions.

      Reply

  12. Could you add your opinion on Finanzen.net? Thank you very much for your great research work and shared expertise!

    Reply

    1. Hello Eva,
      Thanks for your feedback and the tip 🙂
      The current priority is not on Finanzen.net Zero, because investments there are made in euros. This is not ideal for the Swiss.
      That's why the time for test reports is currently flowing into other, more relevant offers. Perhaps there will still be a report on this in the future.

      Thank you for your understanding!

      Reply

  13. If you're already digging up an article from last year, it wouldn't be a bad idea to bring the figures up to date.
    Postfinance has reduced its fees from 90.00 / year to 18.00 + VAT / quarter.
    The brokerage fees for your example with the 10,000 trade have fallen to 30.00

    Just my two cents

    Reply

    1. Hello Alain
      this was probably because your browser saved the page in the cache in the old version. Delete your history once, then the current numbers should appear 🙂
      The article was updated some time ago to reflect the new Postfinance fees.

      Reply

  14. Hello everybody
    Saxo Banke is another online broker that you have forgotten in the comparison.
    It lowered its fees in January and is probably one of the cheapest in Switzerland.
    Flowbank would be another one.
    Greetings Philipp

    Reply

    1. Hello Philipp
      thanks for your comment 🙂
      A new version of the Saxo Bank comparison is coming soon!
      In addition to Saxo Bank, there are of course countless other brokers that we test. As soon as a broker has been analysed in detail and makes it into the top ranks, it will also be listed here.

      Reply

  15. Thanks for the in depth analysis. It is odd Saxo is not here. The costs seems considerably cheaper than the others more or less. I got an email from ZH branch the other day. Maybe I am wrong, but have a look...

    Reply

  17. An update would be great. The list does not include the 5 cheapest providers. I don't know what to make of it now...

    Reply

    1. The providers must be reputable and have fair fees (for beginners and not only from a volume of 20k per trade) -> Which providers do you think are still missing in the test?

      Reply

      1. Hello Tom, for space reasons not all (thousands of) brokers can be included. DKB (Deutsche Kreditbank) is also not suitable for most Swiss people.
        Thank you for your understanding 🙂

        Reply

    1. There are several other providers. For space reasons, not all are in the table.
      Cash.ch has rather high fees for investors with small assets. With at least CHF 100 custody fees and flat trading fees of CHF 29, they are rather in the upper price segment.

      Reply

      1. Swissquote is only noticeably cheaper than cash.ch for very small amounts. Above 10k, swissquote becomes more and more expensive. At cash.ch, however, the data protection regulations are a disaster and therefore a NoGo, which is why it is completely OK not to include cash.ch in the list.

        The following applies to both providers: The interest rates of 0.0 or 0.1% are a cheek. In addition, the progressive interest rates at swissquote piss me off.

        Reply

    2. Cash.ch ALWAYS secretly collects 2% when exchanging currencies. This is not clearly communicated - very problematic.

      Reply

  19. To DeGiro:

    The fee-free ETFs are usually not traded in Switzerland. For example, the popular VWRL ( Euronext Amsterdam ) adds 0.25% exchange fee and EUR 2.50 annually for activity on the Amsterdam Stock Exchange. Nevertheless, FlatexDeGiro is very good.

    just my two cents

    Reply

  20. Regarding IB, I can report the following experience:
    - Fee model can be changed to staggered. Buying a Swiss share in CHF currency costs just CHF 3-4!
    For purchases over 10'000.- I would leave the default fixed price of 10.- set
    - The deposit guarantee is USD 500,000 and not just USD 250,000.

    Reply

    1. Thanks for the hint with the staggering! Purchases for over 10k are of course not possible for all and large volumes/deposits become cheaper with some brokers.
      Deposit insurance is 250k on cash (Source)

      Reply

      1. An update of the table would be appropriate here, especially for IB.
        The fees are much lower, not at 10.- per purchase, and for 2 years no minimum amount of 10'000.- has been required on the custody account.

        Reply
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