This article will give you a comprehensive overview of the Online broker PostFinance E-Trading. You will find out what the platform can do and what costs you will incur. You will also see who the broker is particularly suitable for and what alternatives there are for Swiss investors.
PostFinance e-Trading is the Online trading platform from PostFinance. It is part of the e-finance offering of the 5th largest Swiss bank. You can use this platform to buy and sell shares, ETFs and bonds, for example, as well as set up savings plans.
As the name suggests, PostFinance E-Trading is a service offered by PostFinance Bank. PostFinance can look back on more than 100 years of company history and is a leading provider of e-trading services. FINMA supervised. Your funds are protected by law up to CHF 100,000. Deposit protection protected.
Playing in the background since 2015 Swissquote and processes stock exchange orders for PostFinance customers there. (So you can guess where there are more favourable conditions).
The most important functions for investors are
However, this is actually the minimum standard that an online broker must offer. In the Comparison with other online brokers PostFinance does not stand out in terms of functions.
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Now you know that PostFinance offers the most important functions for private investors. Next, let's take a look at the Fees because if you can keep your fees low in the long term, your returns will benefit.
Almost every one of these fees is more expensive than the leading online brokers. This is not surprising, as PoFi uses the services of Swissquote.
Deposit fee:
Unfortunately, the PostFinance custody account fees are CHF 72 per year not ideal and compared to other online brokers such as SAXO (no custody fees) is quite high. The custody account fees are charged per quarter (January, April, July, October). If you cancel your custody account during a current quarter, you will not receive a refund of the custody account fees.
Trading fees:
You will receive per quarter CHF 18.- Postfinance brokerage credit balance (CHF 72 per year) as a gift. This allows you, for example, to execute 3 trades of max. CHF 500 each free of charge (otherwise costs CHF 6 in brokerage fees on the SIX stock exchange).
So if you smaller amounts monthly, the offer is attractive because you then only pay the custody account fee and not for individual trades, as these are covered by your credit balance.
From larger amounts (e.g. CHF 1,500 per month), each trade would cost you CHF 20 (CHF 60 in total). Your brokerage credit will be deducted from this CHF 60, so that you only pay CHF 42. With a total amount of CHF 4,500, this is still a percentage cost of 0.93%.
Attention: Any brokerage credit that has not been utilised by the end of the quarter expires.
Brokerage PostFinance & PostFinance Trading fees in detail.
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Similar to other online brokers on the market (Here you can find our overview) you can use PostFinance e-Trading ...
act.
To be able to use the online broker, you need a Account with PostFinance E-Finance.
You must also:
If you fulfil these points, you can start e-trading online in just a few minutes.
You can trade on 20 national and international stock exchanges, here is the complete overview:
Please note: The brokerage fees vary depending on the stock exchange.
In our Large online broker comparison We have put together alternatives to the PostFinance offer for Switzerland. In terms of fees and range of functions in particular, some platforms perform better than PostFinance.
"Intelligent people learn from the mistakes of others".
We have compiled our top selection for you from all our tests and experience reports:
PostFinance e-Trading offers a Solid trading platform with all the basic functions that private investors need. Integration into the PostFinance e-finance system makes the Access particularly easy for existing customers. Savings plans for ETFs and shares are also an attractive option for long-term investors. Overall, PostFinance is Rating therefore in the positive range.
Anyone who already has a PostFinance account has and smaller sums investedcan benefit from the quarterly CHF 18 brokerage credit.
On the other hand looking for a cheaper alternativeshould take a look at our Online broker comparison for Switzerland to take a look. There you will find providers with more favourable fee structures and a wider range of functions.
Yes, you can order your tax statement for CHF 97.30 to simplify your tax return.
Yes, you can use PostFinance E-Trading mobile as an app.
Alternatively, and probably better, is to use the PostFinance Broker via your PC in your browser. There are studies that show that people trade more rationally here than on their mobile phones.
Yes, you can see the entire selection of shares in your PostFinance Trading account. Bonds, ETFs and other investments are also available.
The Postfinance e-Trading custody account fees are CHF 18 per quarter (CHF 72 per year). The online broker is therefore very expensive compared to other providers in Switzerland. If you are looking for a cheaper alternative, in some cases without custody account fees, you will find it here in our provider comparison.
