Swissquote Review Summary and Intro
Although Swissquote was only founded in 1999, the now Around 1,300 employees to the top of Swiss online banking.
Constant further development of the platform has ensured proper growth. For you as a potential customer, this means being part of a growing constantly evolving environment to be. As the hype surrounding cryptocurrencies grew, for example, Swissquote quickly created an option for crypto trading.
For customers, this is enormously advantageous, as it enables With a trusted, secure provider many products can be traded.
Since our Swissquote experience positive for years we have arranged a bonus for you.

WOW… I’ve finally found a good guide that compares the different providers! It’s been a great help!
The same custody fees now apply to cryptos as to the rest! 2025
A great report. Especially for me as an Austrian who has to deal with the EU, this is a great alternative.
I am not very familiar with compi handling and do not want to trade via compi. Is there a way to trade like a bank, with an account and tel. buy orders? If so, under what conditions?
I have another question about the fees:
ETFs cost CHF 9 (plus stock exchange fees etc.).
Can these CHF 9 be deducted in the tax return?
Many thanks for the answer
Answers
In fact, the only point worth mentioning is the tradability of Swiss shares.
Deposit protection is CHF 100,000, which is the law. In Germany it is EUR 100,000.
To emphasise this as a special advantage is quite audacious; no car manufacturer advertises: "Look! Our cars even have brakes!"
Nothing remains from your list except the underground support.
And you can get it cheaper in other countries.
Hello Jorge,
Believe me, I receive numerous messages from readers for whom the CH deposit guarantee is important. I can see from your e-mail that you come from DE - so I understand your perspective on this...
Anyway, there are more differences, as you can see here in the Broker comparisons you can see.
Hello, Eric,
I now have to renew my W8 form with SQ, again there is no help at all, only prefabricated answers and I should please consult the instructions, regardless of whether they are in German or English, I cannot find an answer to my question, e.g. which TaxIdentifying Number I should write there, nor can I get any information over the phone,
well, what can i say? very helpful!
TIN is simply your AHV number. i know this from another time, but i think this info can now be found quite well with a quick google search.
I find Swissquote's fees outrageously high. Example purchase of US shares at Degiro all in all between Fr. 2.50 and 4.00, at Swissquote Fr. 28.
Or Swiss shares: Ex. Straumann purchase at Swissquote Fr. 26 and sale over Fr. 34 !!!! At Degiro I paid Fr. 5.50 for buying and selling. In addition, no custody fees at Degiro. Advantage of Swissquote: they carry practically everything, Degiro does not.
I would always consider the fees relative to the size of the order and deposit.
Swissquote is favourable for large orders, which is why I recommend, if possible, saving up to at least CHF 1,000 and only then placing an order.
Furthermore, Degiro does not allow you to register in share registers and they are not from Switzerland. There are different criteria for each investor when choosing a broker 🙂
Thank you for your feedback
There are already things that don't go so well, maybe you should mention that too:
Straumann share split, share blocked for days, after which it could no longer be entered in the share register, which was previously possible without any problems.
Customer service, you write there and get response days later, again simply a template, I can do without that.
Fees for the purchase of Swiss shares are also not soooo favourable, for a Lindt&Sprüngli that costs over CHF 10,000 I pay over CHF 60 in fees,
Custody fees may be cheap, but I pay extra for the tax statement again.
What annoys me the most is the bad service, sometimes they are also very unfriendly.
Kind regards
Thanks for sharing Annabella.
Fortunately, I have never had such experiences in the last 5 years or so. Of course, a stock split is always a special situation. Was the entry in the register so critical for you in terms of time?
Unfortunately, the Lindt&Sprüngli share has not been available for 10k for a long time, but is at +100k francs. If you invest with such sums, you can of course continue to be sensitive to fees. However, please always bear in mind that some (sometimes cheaper) foreign brokers do not have high deposit protection.
In the end, there is no one perfect broker for everyone. Every investor is allowed to find the ideal provider for him or herself 🙂
Fees, Swiss deposit insurance, ease of use and many other factors play a role in the selection.
Love and thanks for sharing here!
Eric
hello Eric,
What's so special about a 1:10 stock split? Georg Fischer also carried out a stock split, it went smoothly at my house bank, somehow SQ doesn't seem to be able to do this here, especially cheeky then the hint (the share was blocked for at least 5 days with falling prices...no, I didn't want to sell) I should have made myself smart in the run-up to the stock split, that's ridiculous.
Lindt&Sprüngli (the participation certificate) costs a little over 10300 CHF at the moment, the share is of course over 100k, I am well aware of that, I think it is cheeky to charge more than 60 CHF for such an order.
But you are right, in CH you pay fantasy prices for a simple stock order, if you want CH deposit protection you are out of luck. but what is the CH deposit protection good for? I would not bet my head that this is so much better.
Kind regards
"5,000 results in custody fees of 0.025% annual costs of CHF 125 or CHF 31.25 per quarter."
I arrive at 50.- pa or the minimum amount of 15.- pq = 60.- pa
I find SQ's custody account fees relatively steep for a pure online broker. Even the cap of 200 doesn't really help. For a pure buy-and-hold shareholder, Postfinance is already cheaper from a custody account value of 9000. And the flat-rate fee of 90 pa is credited as a trading credit.
"The biggest disadvantage in the Swissquote vs Degiro comparison is the lack of Swiss deposit protection at Degiro."
In return, it is subject to German deposit protection up to EUR 100,000 and offers extremely low trading fees with homeopathic custody account fees (2.50 per stock exchange on which you are active). Disadvantage: Negative interest from the 1st and the inability to register Swiss registered shares.
But you don't have to choose, you can have several broker accounts.
Just my two fee tables...
Thanks for your input Alain 🙂
I think you've got one place wrong with the fees. You only reach the maximum of CHF 50 per quarter from 250,000.
Do you know how to get the free magazine? I've heard about it but I can't find anything on the site...
Thanks for the tip 🙂
You will receive the Swissquote magazine free of charge once your custody account has exceeded CHF 10,000.
Love!
Hello Eric
My custody account has over CHF 10,000, so I asked Swissquote about this. I received the following answer: "The Swissquote magazine is only sent free of charge to customers who fulfil certain conditions. These conditions are adjusted annually and are not communicated publicly."
I therefore assume that the 10,000 will no longer be enough.
Google is your friend:
Here you can subscribe to the magazine electronically or on Totbaum
https://de.swissquote.com/newsroom/magazine
That's right, only the print version usually costs money. You can buy it at the kiosk or for 10k at the depot.
and where can I find the information or subscription option "from 10k in the depot". I only see that I can subscribe for CHF 40 per year.
I received this information from SQ. If your depot is larger and it is not automatically sent to you, it is best to ask the support. Maybe this has also changed.
Hey Schwizerfrank
You have to adjust the Swissquote custody fees again in your article 😉
With a share deposit of CHF 200,000, you pay the maximum of CHF 200 or CHF 50 per quarter at Swissquote.
If you have a share deposit of CHF 60,000 or less, you pay the minimum of CHF 60 or CHF 15 per quarter.
I use Swissquote and IB and am satisfied with both brokers. Swissquote for Swiss stocks and ETFs and exotic with IB.
Kind regards
Swiss minimalist
Thanks for the tip 🙂