{"id":9493,"date":"2021-01-30T16:37:00","date_gmt":"2021-01-30T15:37:00","guid":{"rendered":"https:\/\/schweizerfinanzblog.ch\/degiro-experience-switzerland-2024-no-1-broker-for-the-fleeced-ch-investor\/"},"modified":"2026-01-15T16:37:53","modified_gmt":"2026-01-15T15:37:53","slug":"degiro-experience-switzerland","status":"publish","type":"post","link":"https:\/\/schweizerfinanzblog.ch\/en\/degiro-experience-switzerland\/","title":{"rendered":"DEGIRO experience Switzerland (2026): Where the Dutch price breaker remains at the top &#8211; and where not"},"content":{"rendered":"\n<p><strong>Fortunately, Switzerland is no longer exclusively a high-price island when it comes to investing. Nevertheless, according to our DEGIRO Switzerland experience, the European market leader is still one of the most attractive brokers. In this detailed review, we show where DEGIRO is still the leader today, how its ETF offering compares to Swissquote &amp; Co. and why it fails to convince us when it comes to savings plans.  <\/strong><\/p>\n\n<link rel=\"stylesheet\" href=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/themes\/schweizerfinanzblog\/components\/post-info-component\/post-info-component.css\">\n<div class=\"post-info-component\">\n\t\t<div class=\"von-and-comments\">\n\t\t\t\t\t<a target=\"_blank\" href=\"https:\/\/schweizerfinanzblog.ch\/ueber-uns\/\">Stefan &#038; Toni<\/a>\n\t\t\t\t <span>| <a href=\"#comments\">249 Comments<\/a><\/span> \t\t\n\t<\/div>\n\t<div class=\"post-dates\">\n\t\tupdated on 1\/15\/2026\t<\/div>\n<\/div>\n<link rel=\"stylesheet\" href=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/themes\/schweizerfinanzblog\/components\/kurz-bundig-component\/kurz-bundig-component.css?v=2\">\n\n<div  id=\"RokSjbp\" class=\"kurz-bunding mb-3\" style='background-color:#f9f9fa'>\n\t<div class=\"d-flex kurz-bunding-title\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"kurz-bunding-icon\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2023\/01\/lifghtbulb2.png\">\n\t\t<\/div>\n\t\t<p class=''>\n\t\t\tShort &amp; sweet\t\t<\/p>\n\t<\/div>\n\n\t<div class=\"kurz-bunding-content\">\n\t\t<p><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">DEGIRO<\/span><\/span> serves around 3 million customers across Europe and has also been active in Switzerland since 2016. The Dutch online broker is characterized in particular by its <strong data-start=\"298\" data-end=\"313\">simplicity<\/strong> and <strong data-start=\"318\" data-end=\"336\">low fees<\/strong>. The most important points at a glance:<\/p>\n<ul>\n<li data-start=\"380\" data-end=\"744\">\n<p data-start=\"382\" data-end=\"744\"><strong data-start=\"382\" data-end=\"449\">Flat fees with cost advantage for home currency &amp; home exchange:<\/strong> no custody account fees, no stamp duty and fixed, low transaction costs &#8211; over 100 ETFs for \u20ac1 on Tradegate, all other ETF trades for a flat rate of \u20ac3. Investing in CHF on the SIX also saves currency exchange and stock exchange fees and is particularly beneficial for large investment amounts. <\/p>\n<\/li>\n<li data-start=\"745\" data-end=\"948\">\n<p data-start=\"747\" data-end=\"948\"><strong data-start=\"747\" data-end=\"781\">Foreign exchange &amp; foreign currency accounts:<\/strong> Automatic currency exchange (AutoFX) at 0.25%; foreign currency accounts available in EUR, USD and GBP (deposits and withdrawals for CH customers in CHF only).<\/p>\n<\/li>\n<li data-start=\"949\" data-end=\"1056\">\n<p data-start=\"951\" data-end=\"1056\"><strong data-start=\"951\" data-end=\"987\">No automated savings plans:<\/strong> Regular investing is only possible via manual ETF purchases.<\/p>\n<\/li>\n<li data-start=\"1057\" data-end=\"1174\">\n<p data-start=\"1059\" data-end=\"1174\"><strong data-start=\"1059\" data-end=\"1084\">Access &amp; security:<\/strong> Use via browser or app; European banking license with deposit protection up to \u20ac100,000.<\/p>\n<\/li>\n<\/ul>\n<p><strong>Our DEGIRO experience in Switzerland shows:<\/strong> Anyone who relies on low flat fees and a lean trading system and can do without automated savings plans will find a convincing trading platform here &#8211; especially for larger investments in home currency.<\/p>\n<p>\ud83c\udf81 <strong><a href=\"https:\/\/www.degiro.ch\/?tap_a=55321-c5c085&amp;tap_s=1016265-b529be&amp;utm_source=schweizerfinanzblog&amp;utm_campaign=DEGIRO+Switzerland&amp;utm_medium=a&amp;utm_content=shares_lp\" target=\"_blank\" rel=\"noopener\">With this partner link<\/a><\/strong> you can register with DEGIRO for free and secure your first <strong>CHF 100 in transaction fees<\/strong>. (With conditions. Disclaimer: Investing involves risks of loss.)<\/p>\n\t<\/div>\n\t\t\t\n\t<\/div>\n\n<style>\n\t#RokSjbp .kurz-bunding-content li::marker{\n\t\tcolor: #37c392;\n\t}\n\t#RokSjbp .kurz-bunding-call-to-action a{\n\t\tbackground-color: #1bab78;\n\t\tcolor: #FFFFFF;\n\t}\n\n<\/style>\n<div id=\"toc_container\" class=\"no_bullets\"><p class=\"toc_title\">Contents<\/p><ul class=\"toc_list\"><li><a href=\"#CHF_100_transaction_fees_for_free_with_our_DEGIRO_Experience_Switzerland_partner_offer\">CHF 100 transaction fees for free with our DEGIRO Experience Switzerland partner offer<\/a><\/li><li><a href=\"#Focus_on_ETFs\">Focus on ETFs<\/a><\/li><li><a href=\"#A_brief_portrait\">A brief portrait  <\/a><\/li><li><a href=\"#How_secure_is_the_broker\">How secure is the broker?<\/a><ul><li><a href=\"#Bank_account8221_risk\">Bank account&#8221; risk<\/a><\/li><li><a href=\"#Securities_lending_risk_8211_not_applicable_without_consent\">Securities lending risk &#8211; not applicable without consent<\/a><\/li><\/ul><\/li><li><a href=\"#The_depot_selection\">The depot selection  <\/a><\/li><li><a href=\"#App_and_platform\">App and platform  <\/a><ul><li><a href=\"#Conclusion_on_our_DEGIRO_Switzerland_experience_with_the_app_and_platform\">Conclusion on our DEGIRO Switzerland experience with the app and platform<\/a><\/li><\/ul><\/li><li><a href=\"#Our_analyzed_use_cases_based_on_our_DEGIRO_experience_Switzerland\">Our analyzed use cases based on our DEGIRO experience Switzerland<\/a><\/li><li><a href=\"#How_competent_and_efficient_is_the_support\">How competent and efficient is the support?<\/a><ul><li><a href=\"#Conclusion_on_our_DEGIRO_experience_in_Switzerland_with_support\">Conclusion on our DEGIRO experience in Switzerland with support<\/a><\/li><\/ul><\/li><li><a href=\"#How_does_the_custody_account_opening_process_work\">How does the custody account opening process work?  <\/a><ul><li><a href=\"#Conclusion_on_the_securities_account_opening_process\">Conclusion on the securities account opening process  <\/a><\/li><\/ul><\/li><li><a href=\"#How_does_the_money_transfer_work\">How does the money transfer work?<\/a><ul><li><a href=\"#Are_there_foreign_currency_accounts\">Are there foreign currency accounts?<\/a><\/li><li><a href=\"#Conclusion_on_the_money_transfer\">Conclusion on the money transfer<\/a><\/li><\/ul><\/li><li><a href=\"#What_should_I_bear_in_mind_when_transferring_a_custody_account\">What should I bear in mind when transferring a custody account?<\/a><ul><li><a href=\"#Conclusion_on_the_custody_account_transfer\">Conclusion on the custody account transfer<\/a><\/li><\/ul><\/li><li><a href=\"#What_to_consider_before_buying_an_ETF_from_DEGIRO\">What to consider before buying an ETF from DEGIRO?<\/a><ul><li><a href=\"#Available_stock_exchanges_for_ETF_purchases\">Available stock exchanges for ETF purchases<\/a><\/li><li><a href=\"#ETF_product_range\">ETF product range<\/a><\/li><li><a href=\"#ETF_admission_on_request_an_underestimated_strength_of_DEGIRO\">ETF admission on request: an underestimated strength of DEGIRO<\/a><\/li><li><a href=\"#Conclusion_on_buying_ETFs_with_DEGIRO\">Conclusion on buying ETFs with DEGIRO<\/a><\/li><\/ul><\/li><li><a href=\"#What_fees_are_charged_for_ETF_trading_at_DEGIRO\">What fees are charged for ETF trading at DEGIRO?<\/a><ul><li><a href=\"#Custody_fees\">Custody fees  <\/a><\/li><li><a href=\"#Transaction_fees_Commission_and_processing_fees\">Transaction fees: Commission and processing fees<\/a><ul><li><a href=\"#New_commission-free_ETFs_on_the_Tradegate_exchange\">New commission-free: ETFs on the Tradegate exchange  <\/a><\/li><\/ul><\/li><li><a href=\"#Foreign_currency_fees\">Foreign currency fees  <\/a><\/li><li><a href=\"#Stamp_duty_transaction_tax\">Stamp duty (transaction tax)  <\/a><\/li><li><a href=\"#Fee_for_the_establishment_of_trading_modalities\">Fee for the establishment of trading modalities<\/a><\/li><li><a href=\"#Deposit_transfer_fee\">Deposit transfer fee<\/a><\/li><\/ul><\/li><li><a href=\"#Is_DEGIRO_eligible_for_savings_plans\">Is DEGIRO eligible for savings plans?<\/a><\/li><li><a href=\"#Conclusion_on_our_DEGIRO_experience_in_Switzerland\">Conclusion on our DEGIRO experience in Switzerland<\/a><\/li><li><a href=\"#This_might_also_interest_you\">This might also interest you<\/a><\/li><li><a href=\"#Updates\">Updates<\/a><\/li><li><a href=\"#Disclaimer\">Disclaimer<\/a><\/li><\/ul><\/div>\n<h2 class=\"wp-block-heading\"><span id=\"CHF_100_transaction_fees_for_free_with_our_DEGIRO_Experience_Switzerland_partner_offer\">CHF 100 transaction fees for free with our DEGIRO Experience Switzerland partner offer<\/span><\/h2>\n\n<p>If you are convinced by our DEGIRO experience in Switzerland, you can use this <strong><a href=\"https:\/\/www.degiro.ch\/?tap_a=55321-c5c085&amp;tap_s=1016265-b529be&amp;utm_source=schweizerfinanzblog&amp;utm_campaign=DEGIRO+Switzerland&amp;utm_medium=a&amp;utm_content=shares_lp\" target=\"_blank\" rel=\"noreferrer noopener\">partner link<\/a><\/strong> to open a free investment account with DEGIRO and support our blog. But you benefit too: as a new DEGIRO customer, you currently receive the first <strong>100 francs in transaction fees for free<\/strong>.<strong> <\/strong>You can also find the relevant conditions via the partner link. We only recommend products that we have tested and are convinced of. <br\/><img decoding=\"async\" width=\"1\" height=\"1\" border=\"0\" src=\"http:\/\/pl01.owen.prolitteris.ch\/na\/plzm.fb9e173d-c281-4af1-b103-577ee866a3ad\"\/><br\/>In practice, Stefan uses DEGIRO for <strong>larger investment amounts in home currency<\/strong> &#8211; and additionally for <strong>two smaller ETF investments for his children<\/strong>, which he holds for the long term.<\/p>\n\n<p class=\"has-text-align-center\"><span style=\"color: #37c392; font-size: 14pt;\"><em><strong>&#8211; Partner Offer<\/strong> <strong>&#8211;<\/strong><\/em><\/span><\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.degiro.ch\/?tap_a=55321-c5c085&amp;tap_s=1016265-b529be&amp;utm_source=schweizerfinanzblog&amp;utm_campaign=DEGIRO+Switzerland&amp;utm_medium=a&amp;utm_content=shares_lp\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2024\/11\/DEGIRO_Banner_EN.png\" alt=\"\" class=\"wp-image-6721\" title=\"DEGIRO Review\"\/><\/a><\/figure>\n<\/div>\n<p class=\"has-text-align-center\"><span style=\"font-size: 14pt;\"><span style=\"color: #339966;\"><i><span style=\"color: #37c392;\"><strong>&#8211; &#8211; &#8211; &#8211; &#8211;<\/strong><\/span><\/i><\/span><\/span><\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"Focus_on_ETFs\">Focus on ETFs<\/span><\/h2>\n\n<p>Anyone familiar with our blog knows that we follow a passive, low-cost, broadly diversified <a href=\"https:\/\/de.wikipedia.org\/wiki\/Buy_and_hold\" target=\"_blank\" rel=\"noreferrer noopener\">buy and hold investment strategy<\/a>. We are convinced that the best way to implement such a strategy is with ETFs. Therefore, in this DEGIRO Experience Switzerland report, we assess the provider primarily from the perspective of a passive ETF investor.<\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"A_brief_portrait\">A brief portrait  <\/span><\/h2>\n\n<p>DEGIRO opened its doors to private investors in the Netherlands in 2013. This was followed by its market entry in Switzerland in 2016. To date, DEGIRO has expanded to <strong>15 European countries<\/strong> and already has <strong>over 3 million customers<\/strong>, according to its own figures. As a result, DEGIRO has become the <strong>market-leading broker in Europe<\/strong> at breathtaking speed.   <\/p>\n\n<p>DEGIRO sees itself as the first wholesale broker for private investors. As a platform for everyone, whether investor or trader, with the following mission: <strong>&#8220;DEGIRO wants to provide affordable and customized financial services to every investor worldwide <\/strong>.&#8221;   <\/p>\n\n<p>The broker boasts over <a href=\"https:\/\/www.degiro.ch\/ueber-degiro\/broker-awards\" target=\"_blank\" rel=\"noreferrer noopener\">100 international broker awards<\/a> on its homepage. <\/p>\n\n<p>DEGIRO B.V. merged with flatexDEGIRO Bank AG at the beginning of 2021, creating the largest execution-only online broker in Europe with <strong>its own banking license<\/strong>.<\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"How_secure_is_the_broker\">How secure is the broker?<\/span><\/h2>\n\n<p>DEGIRO is a <strong>regulated broker<\/strong> whose market conduct is monitored by the German Federal Financial Supervisory Authority (BaFin). However, DEGIRO is not regulated by FINMA in Switzerland. <\/p>\n\n<p>With regard to the risks associated with DEGIRO, we believe that the <strong>two potential risks &#8220;bank account&#8221;<\/strong> and <strong>&#8220;securities lending&#8221;<\/strong> must be understood:<\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Bank_account8221_risk\">Bank account&#8221; risk<\/span><\/h3>\n\n<p>Before the merger with Flatex in 2021, DEGIRO did not have a banking license, which is why it invested its customers&#8217; cash in money market funds. The risk at the time was that the value of these funds could change, as with any other investment. <\/p>\n\n<p>Since the merger with Flatex, a bank account (cash account) is automatically opened for each investor in his or her name at flatexDEGIRO Bank AG. The uninvested money is then held in a separate bank account with a personal IBAN. This money is <strong>protected<\/strong> up to <strong>\u20ac100,000<\/strong> by the <a href=\"https:\/\/www.edb-banken.de\/\" target=\"_blank\" rel=\"noopener\">Compensation Scheme of German Banks<\/a>. This protection is <strong>guaranteed by law.<\/strong>  <\/p>\n\n<p>In the event of bankruptcy of flatexDEGIRO Bank AG, we therefore <strong>only<\/strong> see <strong>a significant risk<\/strong> for cash deposits <strong>for amounts exceeding the threshold of \u20ac100,000.<\/strong><\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Securities_lending_risk_8211_not_applicable_without_consent\">Securities lending risk &#8211; not applicable without consent<\/span><\/h3>\n\n<p><strong>DEGIRO has abolished automatic securities lending<\/strong> &#8211; a welcome step from the customer&#8217;s point of view, which also eliminates the previously unavoidable risk.<\/p>\n\n<p>DEGIRO now only lends securities <strong>with your express consent<\/strong> and after a short <strong>suitability test<\/strong>. If you activate this optional function, you will receive <strong>half of the income<\/strong> from securities lending. <\/p>\n\n<p>A risk therefore only arises if you activate securities lending &#8211; and even then only in a rare scenario: <strong>if both the borrower and DEGIRO become insolvent at the same time<\/strong> and <strong>the collateral deposited no longer fully covers the value of the securities lent<\/strong>, for example because they have fallen or the securities lent have risen in value.<\/p>\n\n<p>Any loss would thus be limited to the <strong>difference between the securities lent and the collateral provided by the borrower<\/strong>.<\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"The_depot_selection\">The depot selection  <\/span><\/h2>\n\n<p>Although the &#8220;Custody&#8221; custody account variant is no longer offered to new customers, we will briefly summarize here how <strong>&#8220;Basic&#8221;<\/strong> is positioned compared to the &#8220;Custody&#8221; option that was previously also offered:<\/p>\n\n<ul class=\"wp-block-list\">\n<li><strong>A more comprehensive range of services<\/strong>: investments in high-risk investment vehicles such as leverage products and warrants are possible.<\/li>\n\n\n\n<li><strong>lower prices:<\/strong> However, it is important to put this into perspective. We only noticed one cost item that could be advantageous for the passive ETF investor we want to address in this report: No fees are charged for dividend processing. In the case of &#8220;Custody&#8221;, these fees per dividend payment amounted to \u20ac1 plus 3% of the dividend (maximum 10%). This means that a CHF 100 dividend would incur a fee of \u20ac4, and a CHF 10 dividend would incur a fee of \u20ac1, meaning that the maximum cost ceiling of 10% would apply.   <\/li>\n\n\n\n<li><strong>more flexibility:<\/strong> it is possible to switch to profiles that appeal to the (very) risk-averse investor type. These profiles are <strong>&#8220;Active&#8221;,<\/strong> <strong>&#8220;Trader&#8221;<\/strong> or <strong>&#8220;Day Trader&#8221;.<\/strong> They can be used to take out securities loans, for example, i.e. investing on credit and with leverage &#8211; always on both sides, of course. You can find out more about this topic in our article <a href=\"https:\/\/schweizerfinanzblog.ch\/en\/lombard-loan-when-buying-etfs-a-booster-for-your-return-on-equity-or-playing-with-fire\/\" data-type=\"post\" data-id=\"5022\" target=\"_blank\" rel=\"noreferrer noopener\">Lombard loans when buying ETFs: Boosting your return on equity or playing with fire?<\/a>   <\/li>\n<\/ul>\n\n<h2 class=\"wp-block-heading\"><span id=\"App_and_platform\">App and platform  <\/span><\/h2>\n\n<p>As befits a modern online broker, DEGIRO offers access via desktop, tablet and smartphone.<\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"972\" height=\"554\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/ETF-Sparplan-Schweiz.png\" alt=\"ETF savings plan Switzerland\" class=\"wp-image-2124\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/ETF-Sparplan-Schweiz.png 972w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/ETF-Sparplan-Schweiz-768x438.png 768w\" sizes=\"(max-width: 972px) 100vw, 972px\" \/><figcaption class=\"wp-element-caption\">At DEGIRO, securities accounts can be accessed via desktop, tablet or smartphone. (Source: DEGIRO) <\/figcaption><\/figure>\n\n<p>The user interface makes a clear, tidy impression. If you select the product category &#8220;ETFs&#8221;, they are listed in alphabetical order. By filtering by commission type (e.g. &#8220;ETF core selection&#8221; stands for the commission-free products, for which &#8211; as we will explain in more detail later &#8211; a processing fee of \u20ac1 per trade is charged), region (e.g. &#8220;Worldwide&#8221;) or various other filters, you can narrow down the constantly growing DEGIRO ETF offering to your personal preferences. Multiple filters (e.g. all global ETFs on the SIX exchange with costs of max. 0.25% product costs) are possible, but not multiple selections within a filter (e.g. all ETFs from iShares and Vanguard).<\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"2560\" height=\"931\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_alle_mit_Filter_neu-scaled.png\" alt=\"\" class=\"wp-image-14522\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_alle_mit_Filter_neu-scaled.png 2560w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_alle_mit_Filter_neu-768x279.png 768w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_alle_mit_Filter_neu-1536x559.png 1536w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_alle_mit_Filter_neu-2048x745.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><figcaption class=\"wp-element-caption\">ETF overview with practical filter function: targeted selection e.g. by stock exchange, region, benchmark and costs; the filters used are highlighted in yellow. (Source: DEGIRO desktop view; as at: 9.1.2026) <\/figcaption><\/figure>\n\n<h3 class=\"wp-block-heading\"><span id=\"Conclusion_on_our_DEGIRO_Switzerland_experience_with_the_app_and_platform\">Conclusion on our DEGIRO Switzerland experience with the app and platform<\/span><\/h3>\n\n<p>DEGIRO&#8217;s user interface corresponds to the market standard and, in our opinion, does not particularly stand out from other online providers. As far as the selection of ETFs is concerned, we would like to see somewhat more precise filtering and more comprehensive sorting options.<\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"Our_analyzed_use_cases_based_on_our_DEGIRO_experience_Switzerland\">Our analyzed use cases based on our DEGIRO experience Switzerland<\/span><\/h2>\n\n<p>In order to make the most realistic statements possible, we opened our own securities accounts with DEGIRO and ran through the following use cases.<\/p>\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/schweizerfinanzblog.ch\/en\/degiro-experience-switzerland\/#How_competent_and_efficient_is_the_support\">How competent and efficient is the support?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/schweizerfinanzblog.ch\/en\/degiro-experience-switzerland\/#How_does_the_custody_account_opening_process_work\">How does the custody account opening process work?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/schweizerfinanzblog.ch\/en\/degiro-experience-switzerland\/#How_does_the_money_transfer_work\">How does the money transfer work?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/schweizerfinanzblog.ch\/en\/degiro-experience-switzerland\/#What_should_I_bear_in_mind_when_transferring_a_custody_account\">What should I bear in mind when transferring a custody account?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/schweizerfinanzblog.ch\/en\/degiro-experience-switzerland\/#What_to_consider_before_buying_an_ETF_from_DEGIRO\">What to consider before buying an ETF from DEGIRO?<\/a><\/li>\n<\/ul>\n\n<p>We always proceed in the same way. First, we describe how it works. Then we assess the use case.  <\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"How_competent_and_efficient_is_the_support\">How competent and efficient is the support?<\/span><\/h2>\n\n<p>We have contacted the DEGIRO Help Desk several times &#8211; both <strong>by telephone<\/strong> and by <strong>e-mail<\/strong>, both in German. The e-mail address <strong>clients@degiro.ch<\/strong> is available for general inquiries. Written inquiries were generally answered quickly, usually within two to three working days.  <\/p>\n\n<p>Our most recent e-mail contact via the specific address <strong>transfers@degiro.ch<\/strong> around the turn of the year 2025\/26 in connection with a securities transfer from PostFinance to DEGIRO deserves a positive mention. We received a response within 24 hours. Practical: follow-up questions were dealt with by the same contact person without having to open a new ticket.  <\/p>\n\n<p><strong>Our recommendation:<\/strong> Before you contact the Help Desk by e-mail or telephone, it is worth taking a look at DEGIRO&#8217;s very well-developed <a href=\"https:\/\/www.degiro.ch\/helpdesk\/de\" target=\"_blank\" rel=\"nofollow noopener\">Help Center<\/a> and <a href=\"https:\/\/www.degiro.ch\/anlagekenntnisse\" target=\"_blank\" rel=\"nofollow noopener\">Knowledge Center<\/a>. Many common and practice-relevant questions are already clarified clearly and comprehensibly, which saves time and effort in many cases.<\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Conclusion_on_our_DEGIRO_experience_in_Switzerland_with_support\">Conclusion on our DEGIRO experience in Switzerland with support<\/span><\/h3>\n\n<p>Our overall assessment of the support is positive. Thanks to the comprehensive Help Center, numerous questions can be clarified independently in advance; the Help Desk proved to be reliable and efficient for further concerns. <\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"How_does_the_custody_account_opening_process_work\">How does the custody account opening process work?  <\/span><\/h2>\n\n<p>Opening a free custody account is done online in the following steps:<\/p>\n\n<ol class=\"wp-block-list\">\n<li>Select <a href=\"https:\/\/www.degiro.ch\/?tap_a=55321-c5c085&amp;tap_s=1016265-b529be&amp;utm_source=schweizerfinanzblog&amp;utm_campaign=DEGIRO+Switzerland&amp;utm_medium=a&amp;utm_content=shares_lp\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">DEGIRO link<\/a> <\/li>\n\n\n\n<li>Enter e-mail, define user name and password (a confirmation e-mail will be generated)<\/li>\n\n\n\n<li>Open confirmation email and confirm &#8220;Complete registration&#8221;<\/li>\n\n\n\n<li>Complete profile: First name (as on ID card), last name, mobile number (an SMS will be sent to verify the mobile number); home address; date of birth <\/li>\n\n\n\n<li>Link bank account using IBAN. Please note: DEGIRO only accepts CHF transfers, so only link CHF bank accounts. <\/li>\n\n\n\n<li>Check summary of profile data, change if necessary and confirm.<\/li>\n\n\n\n<li>Verify your identity: To do this, select the nationality and scan the passport. The DEGIRO app can be downloaded for the scan. Please note: Verification is only carried out automatically with a Swiss passport; this was not possible with an ID card during our test. (The relevant ID information is now read in automatically).   <\/li>\n\n\n\n<li>Check the ID card information that has been read in, change if necessary and confirm.<\/li>\n\n\n\n<li>Enter tax information: main tax domicile and tax identification number\/TIN (in Switzerland, the TIN is the AHV number) and confirm accuracy.<\/li>\n\n\n\n<li>Select the &#8220;Basic&#8221; custody account profile or this is offered as standard.<\/li>\n\n\n\n<li>aptitude test, which you, as an attentive reader of our blog, will pass with flying colors. There are two possible answers to each question, only one of which is correct. <\/li>\n\n\n\n<li>Sign the declaration of consent (GTC) and end user license agreement electronically.<\/li>\n\n\n\n<li>Make the first transfer.<\/li>\n<\/ol>\n\n<p>Once you have successfully completed all the steps, the online documents generated during the registration process will be displayed.<\/p>\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"786\" height=\"538\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO-Review.png\" alt=\"DEGIRO Review\" class=\"wp-image-2126\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO-Review.png 786w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO-Review-768x526.png 768w\" sizes=\"(max-width: 786px) 100vw, 786px\" \/><figcaption class=\"wp-element-caption\">Exemplary overview of the online documents generated as part of the account opening process at DEGIRO. The illustration is taken from our account opening process (2020); the structure and content are still comparable. <\/figcaption><\/figure>\n\n<p>As a result of the merger of DEGIRO with flatex in 2021, a bank account (cash account) with a personal IBAN will automatically be set up in your name at <strong>flatexDEGIRO Bank<\/strong> <strong>AG<\/strong> every time you open a custody account. <strong>Joint accounts<\/strong> are currently <strong>not<\/strong> possible at DEGIRO.<\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Conclusion_on_the_securities_account_opening_process\">Conclusion on the securities account opening process  <\/span><\/h3>\n\n<p>The following two points struck us as positive:<\/p>\n\n<ul class=\"wp-block-list\">\n<li><strong>High efficiency:<\/strong> all the necessary steps are completed in around half an hour and the account is opened. Customer verification is carried out automatically by scanning the passport. <\/li>\n\n\n\n<li><strong>No paperwork:<\/strong> everything is purely digital, including signatures conveniently using a keyboard.<\/li>\n<\/ul>\n\n<h2 class=\"wp-block-heading\"><span id=\"How_does_the_money_transfer_work\">How does the money transfer work?<\/span><\/h2>\n\n<p>You need liquidity to invest. DEGIRO&#8217;s Swiss customers can <strong>only<\/strong> make deposits <strong>by free bank transfer<\/strong> from a previously linked reference account. The funds are usually credited within one to two working days.  <\/p>\n\n<p>Deposits and withdrawals are <strong>only<\/strong> possible <strong>in CHF<\/strong>; foreign currencies are not supported. If <strong>multi-currency capability<\/strong> for deposits and withdrawals is important to you, it is worth taking a look at <strong>Interactive Brokers <\/strong><a href=\"https:\/\/schweizerfinanzblog.ch\/en\/interactive-brokers-switzerland-experience\/\" target=\"_blank\" rel=\"noreferrer noopener\">(review<\/a>). If, on the other hand, you are consciously looking for Swissness, <strong>Swissquote <\/strong>(  <a href=\"https:\/\/schweizerfinanzblog.ch\/en\/interactive-brokers-switzerland-experience\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/schweizerfinanzblog.ch\/en\/our-swissquote-experience\/\" target=\"_blank\" rel=\"noreferrer noopener\">Review<\/a>) is an established Swiss alternative.<\/p>\n\n<p>Note: The fee-based instant bank transfer via Klarna, which was previously available for CH customers, is no longer offered.<\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Are_there_foreign_currency_accounts\">Are there foreign currency accounts?<\/span><\/h3>\n\n<p>Even though <strong>&#8211;<\/strong> as mentioned above <strong>&#8211;<\/strong> deposits and withdrawals are only possible in the domestic currency CHF <strong>,<\/strong> DEGIRO now offers <strong>foreign currency accounts in EUR, USD and GBP<\/strong>. However, if you wish to hold one or more foreign currency accounts, you must change the default setting or activate &#8220;Manual FX&#8221; for the relevant foreign currency.   <\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1880\" height=\"1178\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_Waehrungskonten.png\" alt=\"DEGIRO experience\" class=\"wp-image-9295\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_Waehrungskonten.png 1880w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_Waehrungskonten-768x481.png 768w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_Waehrungskonten-1536x962.png 1536w\" sizes=\"(max-width: 1880px) 100vw, 1880px\" \/><figcaption class=\"wp-element-caption\">Up to three foreign currency accounts are available at DEGIRO, provided that &#8220;Manual FX&#8221; is activated. (Source: DEGIRO desktop view) <\/figcaption><\/figure>\n\n<p>However, manual currency conversions are subject to higher fees, as we will see later.  <\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Conclusion_on_the_money_transfer\">Conclusion on the money transfer<\/span><\/h3>\n\n<p>Money transfers are free of charge and usually take one to two working days. Please note that both transfers and withdrawals are only possible in the home currency CHF. <\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"What_should_I_bear_in_mind_when_transferring_a_custody_account\">What should I bear in mind when transferring a custody account?<\/span><\/h2>\n\n<p>DEGIRO does not charge any fees for an <strong>incoming securities account transfer<\/strong>. Costs are usually incurred by the <strong>transferring broker<\/strong> &#8211; based on experience, e.g. CHF 50 per position with Swissquote and CHF 100 per position with PostFinance. <\/p>\n\n<p>In addition to the costs, you should above all allow <strong>time<\/strong>: a securities account transfer can take several weeks and requires patience.<\/p>\n\n<p>The main advantage of a carryover &#8211; even of individual positions &#8211; is that <strong>no sale and subsequent repurchase<\/strong> is necessary. This means you avoid double transaction costs and remain <strong>invested throughout<\/strong>. <\/p>\n\n<p>We already carried out a custody account transfer to DEGIRO a few years ago and are currently accompanying another transfer from PostFinance to DEGIRO. The process is basically as follows: <\/p>\n\n<ul class=\"wp-block-list\">\n<li>Open a DEGIRO custody account<\/li>\n\n\n\n<li>Request transfer in writing from the selling broker<\/li>\n\n\n\n<li>Fill in the DEGIRO securities account transfer form<\/li>\n\n\n\n<li>Submit form by e-mail to <strong>transfers@degiro.ch<\/strong><\/li>\n<\/ul>\n\n<p>Experience has shown that there may be <strong>queries from the transferring broker<\/strong> during the process. These are generally for security and verification purposes to ensure that the transfer was actually initiated by the rightful account holder. <\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Conclusion_on_the_custody_account_transfer\">Conclusion on the custody account transfer<\/span><\/h3>\n\n<p>A securities account transfer to DEGIRO is free of charge on the part of DEGIRO, but requires some patience. To avoid unpleasant surprises, we recommend clarifying the transfer fees incurred with the previous broker in advance. <\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"What_to_consider_before_buying_an_ETF_from_DEGIRO\">What to consider before buying an ETF from DEGIRO?<\/span><\/h2>\n\n<h3 class=\"wp-block-heading\"><span id=\"Available_stock_exchanges_for_ETF_purchases\">Available stock exchanges for ETF purchases<\/span><\/h3>\n\n<p>DEGIRO offers a total of around <strong>50 trading venues in 30 countries<\/strong>.  <\/p>\n\n<p>Our preferred investment vehicle, the <strong>ETF<\/strong>, can be traded on<strong> 20 stock exchanges<\/strong> at DEGIRO, <strong>18<\/strong> of which are <strong>in Europe<\/strong> (including the Swiss stock exchange SIX) and <strong>two in Asia<\/strong>. <strong>US stock exchanges are not part of<\/strong> DEGIRO&#8217;s <strong>ETF trading universe<\/strong>. Accordingly, ETFs that are listed exclusively on US stock exchanges cannot be traded via DEGIRO.   <\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2026\/01\/DEGIRO_Boersenplaetze_EN.jpg\" alt=\"\" class=\"wp-image-5241\"\/><figcaption class=\"wp-element-caption\">DEGIRO offers access to 20 stock exchanges for ETF trading. (Source: DEGIRO; as of 9.1.2026) <\/figcaption><\/figure>\n\n<h3 class=\"wp-block-heading\"><span id=\"ETF_product_range\">ETF product range<\/span><\/h3>\n\n<p>The ETF product range consists of &#8220;normal&#8221; ETFs and ETFs from the core selection. No commission is charged for the latter, only a flat fee of \u20ac1. The particularly favorable core selection is now available for purchase on the Berlin stock exchange <strong>Tradegate<\/strong> and comprises around 1,000 products (click here for the <a href=\"https:\/\/www.degiro.de\/data\/pdf\/de\/Kostenfreie_ETFs.pdf\" target=\"_blank\" rel=\"noopener\">product overview<\/a>).   <\/p>\n\n<p>In our experience, it is easiest to search for the desired ETF directly via the <strong>free text field<\/strong> &#8211; either by <strong>ISIN<\/strong> (e.g. IE00BK5BQT80) or via the <strong>stock ticker<\/strong> (e.g. VWRA). This procedure is particularly suitable if the specific ETF has already been determined. <\/p>\n\n<p>If this is not yet the case, the ETF universe can be narrowed down using the <strong>filter functions<\/strong> &#8211; for example by region, stock exchange or costs.<\/p>\n\n<p><strong>Concrete example:<\/strong> You are looking for a low-cost <strong>Swiss ETF on your home exchange SIX<\/strong>, but have not yet decided on a specific product. In this case, you can filter your search by trading center, region and cost limit. This quickly reduces the hit list to a few easily comparable products.  <\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"2560\" height=\"713\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_alle_mit_Filter_neu_beim-ETF-Kauf-scaled.png\" alt=\"DEGIRO Experience Switzerland\" class=\"wp-image-14565\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_alle_mit_Filter_neu_beim-ETF-Kauf-scaled.png 2560w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_alle_mit_Filter_neu_beim-ETF-Kauf-768x214.png 768w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_alle_mit_Filter_neu_beim-ETF-Kauf-1536x428.png 1536w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_alle_mit_Filter_neu_beim-ETF-Kauf-2048x570.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><figcaption class=\"wp-element-caption\">Practical filter combination: By selecting a trading center, region and a cost limit, the hit list can be reduced to a few easily comparable ETFs.<br\/>(Source: DEGIRO desktop view, as of 9.1.2026)<\/figcaption><\/figure>\n\n<p>Based on our experience with DEGIRO, it is clear that broadly diversified standard ETFs can also be traded easily via the platform. Stefan is currently investing in the <strong>Vanguard FTSE All-World UCITS ETF (USD) Accumulating<\/strong> (ISIN <strong>IE00BK5BQT80<\/strong>, ticker <strong>VWRA<\/strong>), among others. <\/p>\n\n<p>Previously, <strong>less well-known, thematically or strategically specialized niche ETFs<\/strong> were also traded via DEGIRO, which speaks for an overall broad-based ETF offering.<\/p>\n\n<p>Numerous ETFs are available at DEGIRO <strong>on several trading venues and\/or in different trading currencies<\/strong>. The same ETF can therefore be traded several times depending on the exchange and currency, which offers additional flexibility when implementing your own investment strategy. <\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"2560\" height=\"892\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_mit-ISIN-scaled.png\" alt=\"DEGIRO Experience Switzerland\" class=\"wp-image-14568\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_mit-ISIN-scaled.png 2560w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_mit-ISIN-768x268.png 768w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_mit-ISIN-1536x535.png 1536w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_ETF-Auswahl_mit-ISIN-2048x714.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><figcaption class=\"wp-element-caption\">Same ISIN, multiple trading venues: The same ETF can be traded at DEGIRO in parallel on different stock exchanges and in different trading currencies. (Source: DEGIRO desktop view, as at: 9.1.2026) <\/figcaption><\/figure>\n\n<h3 class=\"wp-block-heading\"><span id=\"ETF_admission_on_request_an_underestimated_strength_of_DEGIRO\">ETF admission on request: an underestimated strength of DEGIRO<\/span><\/h3>\n\n<p>A little-known but positive special feature of DEGIRO is the option of <strong data-start=\"1061\" data-end=\"1129\">having ETFs checked and included following a simple email request<\/strong>.<br data-start=\"1130\" data-end=\"1133\">Using Stefan&#8217;s experience as an example, this process was successfully completed several times &#8211; most recently with the Vanguard ETF <strong data-start=\"1253\" data-end=\"1261\">VWRA<\/strong> mentioned above. The decision always lies with DEGIRO.<\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Conclusion_on_buying_ETFs_with_DEGIRO\">Conclusion on buying ETFs with DEGIRO<\/span><\/h3>\n\n<p>DEGIRO enables ETF trading on around <strong>20 stock exchanges<\/strong> with a clear focus on <strong>Europe<\/strong> (including the Swiss stock exchange SIX) and two Asian trading centers. <strong>US stock exchanges are not connected for ETF trading<\/strong>, which is particularly relevant for US-listed products.<\/p>\n\n<p>The <strong>ETF product range<\/strong> is broad and covers both classic standard ETFs and more specialized niche products. The search and filter functions support both a targeted product selection and a structured approach if the specific ETF has not yet been determined. <\/p>\n\n<p><strong>We were pleasantly surprised by the uncomplicated inclusion of additional ETFs.<\/strong><\/p>\n<p>&nbsp;<\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"What_fees_are_charged_for_ETF_trading_at_DEGIRO\">What fees are charged for ETF trading at DEGIRO?<\/span><\/h2>\n\n<p>We have taken a closer look at the following potential cost blocks for ETF investors:<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Custody fees<\/li>\n\n\n\n<li>Brokerage fees (transaction fees)<\/li>\n\n\n\n<li>Stamp duty (transaction tax)<\/li>\n\n\n\n<li>Foreign currency fees<\/li>\n\n\n\n<li>Fee for the establishment of trading modalities<\/li>\n\n\n\n<li>Deposit transfer fee<\/li>\n<\/ul>\n\n<p>There are also product costs at ETF level, the so-called <strong>Total Expense Ratio<\/strong> (TER). This is charged by the respective ETF provider and is incurred regardless of the broker selected. <\/p>\n\n<p>The full fees are listed in the <a href=\"https:\/\/www.degiro.ch\/data\/pdf\/ch-de\/DE-CH_Preis_und_Leistungsverzeichnis.pdf\" target=\"_blank\" rel=\"nofollow noopener\">official <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">DEGIRO price list (PDF).<\/span><\/span><\/a><\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Custody_fees\">Custody fees  <\/span><\/h3>\n\n<p>In contrast to <strong>traditional banks and online brokers such as UBS, PostFinance or Swissquote<\/strong>, DEGIRO does not charge any custody account fees.  <\/p>\n\n<p><strong>For you, this means that<\/strong> as long as you are not trading, there are <strong>no ongoing fixed costs<\/strong>. You can therefore open and hold a custody account without paying any annual fees. <\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Transaction_fees_Commission_and_processing_fees\">Transaction fees: Commission and processing fees<\/span><\/h3>\n\n<p>At DEGIRO, transaction fees are made up of <strong>fixed commissions<\/strong> and <strong>processing fees<\/strong>. The <strong>commission is a flat rate of \u20ac2 per trade<\/strong>, plus a <strong>processing fee of \u20ac1<\/strong> or <strong>CHF 1<\/strong> for trading via the Swiss stock exchange. <\/p>\n\n<p><strong>This model is particularly attractive for large amounts:<\/strong> even with high investment sums, the absolute costs remain in the low single-digit Swiss franc range. This means that reallocations or targeted adjustments to large portfolios can be implemented at a cost of just a few francs. As a result, DEGIRO is uniquely positioned compared to traditional banks and many online brokers.  &nbsp;<\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"2560\" height=\"508\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_Transaktionsbeleg_2026-scaled.png\" alt=\"DEGIRO Experience Switzerland\" class=\"wp-image-14575\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_Transaktionsbeleg_2026-scaled.png 2560w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_Transaktionsbeleg_2026-768x152.png 768w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_Transaktionsbeleg_2026-1536x305.png 1536w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/DEGIRO_Transaktionsbeleg_2026-2048x407.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><figcaption class=\"wp-element-caption\">Practical example: The order was split into two executions by DEGIRO, but correctly billed as one trade. Despite a total volume of around CHF 32,500, a very low fee of only CHF 2.80 (\u20ac3) is charged compared to the competition. (Source: DEGIRO desktop view, as of 9.1.2026)  <\/figcaption><\/figure>\n\n<h4 class=\"wp-block-heading\"><span id=\"New_commission-free_ETFs_on_the_Tradegate_exchange\">New commission-free: ETFs on the Tradegate exchange  <\/span><\/h4>\n\n<p><strong>Commissions are completely<\/strong> waived for the <a href=\"https:\/\/www.degiro.ch\/preise\/kostenfreie-etfs\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">ETF core selection<\/a>. Regardless of the amount invested, there is only a <strong>flat processing fee of \u20ac1 per trade<\/strong>. The core selection comprises <strong>over 100 ETFs<\/strong> that are traded on the <a href=\"https:\/\/www.tradegate.ag\/\" target=\"_blank\" rel=\"noreferrer noopener\">Berlin stock exchange Tradegate<\/a>.<\/p>\n\n<p>A small <strong>drop of bitterness:<\/strong> all other ETFs that were previously part of the core selection are now subject to the <strong>normal fee model<\/strong> again.<\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Foreign_currency_fees\">Foreign currency fees  <\/span><\/h3>\n\n<p>As a customer registered in Switzerland, you can make deposits and withdrawals at DEGIRO exclusively in CHF. If you also trade securities in <strong>your home currency CHF<\/strong>, there are <strong>no foreign currency fees<\/strong>.   <\/p>\n\n<p><strong>In all other cases, additional fees will be charged for currency exchange.<\/strong><\/p>\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"2191\" height=\"514\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/Fremdwaehrungsgebuehren_01.2023.png\" alt=\"Investing with DEGIRO\" class=\"wp-image-3949\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/Fremdwaehrungsgebuehren_01.2023.png 2191w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/Fremdwaehrungsgebuehren_01.2023-768x180.png 768w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/Fremdwaehrungsgebuehren_01.2023-1536x360.png 1536w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2021\/01\/Fremdwaehrungsgebuehren_01.2023-2048x480.png 2048w\" sizes=\"(max-width: 2191px) 100vw, 2191px\" \/><figcaption class=\"wp-element-caption\">DEGIRO offers two fee models for automated and manual currency exchange. (Source: DEGIRO) <\/figcaption><\/figure>\n\n<p>DEGIRO offers two options for currency exchange:<\/p>\n\n<ul class=\"wp-block-list\">\n<li><strong>Auto FX Trader:<\/strong> automatic exchange at the interbank rate with <strong>0.25 % fee<\/strong><\/li>\n\n\n\n<li><strong>Manual FX:<\/strong> manual exchange with <strong>0.25 % plus \u20ac 10 fixed fee<\/strong><\/li>\n<\/ul>\n\n<p><strong>Auto FX<\/strong> is the simplest and most sensible solution for most ETF investors. <strong>Manual FX<\/strong> can be worthwhile if several trades in the same foreign currency are planned, thereby <strong>avoiding several automatic switchbacks to CHF<\/strong>.<\/p>\n<p>By way of comparison, many banks often charge high fees of around 1% for foreign currency transactions. The <strong data-start=\"787\" data-end=\"806\">interbank<\/strong> exchange rate is used as a reference for the exchange rate. <\/p>\n<p>&nbsp;<\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Stamp_duty_transaction_tax\">Stamp duty (transaction tax)  <\/span><\/h3>\n\n<p>In Switzerland, <strong>stamp duty<\/strong> is payable on securities transactions via <strong>domestic banks<\/strong>: <strong>0.075%<\/strong> for domestic securities and <strong>0.15%<\/strong> for foreign securities. The tax has a <strong>linear<\/strong> effect and is incurred <strong>again for each transaction<\/strong>. <\/p>\n\n<p><strong>For example, <\/strong>if you buy an ETF worth CHF 50,000 in a foreign ETF, you will have to pay stamp duty of CHF 75. If you switch &#8211; i.e. sell and then buy again &#8211; stamp duty is payable twice. For CHF 50,000, the tax thus adds up to a total of CHF 225.  <\/p>\n\n<p>As DEGIRO is <strong>not a Swiss bank<\/strong>, <strong>no stamp duty is<\/strong> payable on ETF transactions.  <\/p>\n\n<p>You can find out more about the tax topic in our article <a href=\"https:\/\/schweizerfinanzblog.ch\/en\/etf-taxes-switzerland-optimize-your-portfolio-with-these-5-tax-saving-tips\/\" target=\"_blank\" rel=\"noreferrer noopener\">ETF taxes Switzerland: Optimize your portfolio with these 5 tax-saving tips.<\/a><\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Fee_for_the_establishment_of_trading_modalities\">Fee for the establishment of trading modalities<\/span><\/h3>\n\n<p>DEGIRO charges <strong>a maximum fee of \u20ac2.50<\/strong> per year and exchange for trading on foreign exchanges. If you trade as an investor from Switzerland exclusively via the domestic stock exchange SIX, this fee does not apply. <\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Deposit_transfer_fee\">Deposit transfer fee<\/span><\/h3>\n\n<p>A securities account transfer is <strong>optional<\/strong>. As the procedure has already been explained, the focus here is on the <strong>question of costs<\/strong>. DEGIRO distinguishes between three variants:  <\/p>\n\n<ul class=\"wp-block-list\">\n<li>From external to DEGIRO: <strong>free of charge<\/strong><\/li>\n\n\n\n<li>From DEGIRO to external: <strong>20\u20ac per position<\/strong> <\/li>\n\n\n\n<li>Within DEGIRO: <strong>7.50\u20ac per position<\/strong><\/li>\n<\/ul>\n\n<p>Important: As <strong>a rule, the selling broker charges fees.<\/strong> To avoid surprises, you should clarify these costs <strong>with your previous provider in advance<\/strong>.<\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"Is_DEGIRO_eligible_for_savings_plans\">Is DEGIRO eligible for savings plans?<\/span><\/h2>\n\n<p>DEGIRO is definitely suitable for ETF savings plans <strong data-start=\"225\" data-end=\"239\">in terms of amount<\/strong>: thanks to the low <strong data-start=\"267\" data-end=\"313\">fixed fees of \u20ac1 or \u20ac3 per transaction<\/strong>, deposits are generally worthwhile <strong data-start=\"352\" data-end=\"373\">from as little as<\/strong> <strong>CHF<\/strong> <strong data-start=\"352\" data-end=\"373\">500<\/strong> per purchase.<\/p>\n\n<p>However, there is a clear disadvantage in terms of convenience: there is <strong>no auto-invest<\/strong>. Each purchase must be triggered manually, which means additional effort, especially if you save regularly. <\/p>\n\n<p>If a more convenient solution is important to you, take a look at our comprehensive savings plan comparison <a href=\"https:\/\/schweizerfinanzblog.ch\/en\/etf-savings-plan-switzerland-3-strong-reasons-for-the-autopilot-strategy\/\" target=\"_blank\" rel=\"noreferrer noopener\">ETF savings plan Switzerland: 3 strong reasons for the autopilot strategy.<\/a><\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"Conclusion_on_our_DEGIRO_experience_in_Switzerland\">Conclusion on our DEGIRO experience in Switzerland<\/span><\/h2>\n\n<p>DEGIRO impresses above all with its <strong>very low and transparent fees<\/strong>. ETF trades cost <strong>\u20ac1 (core selection)<\/strong> or <strong>\u20ac3<\/strong> &#8211; regardless of the investment amount. As a foreign provider, DEGIRO also <strong>does not<\/strong> charge <strong>any stamp duty<\/strong> and there are <strong>no ongoing custody account fees<\/strong>. This cost model has a particularly positive effect on larger amounts.   <\/p>\n\n<p>DEGIRO also scores points for <strong>simplicity<\/strong> of use: the platform is <strong>clearly structured and deliberately kept lean<\/strong>, without any functional ballast. Account opening and handling are <strong>purely digital<\/strong> and quick. <\/p>\n\n<p>There are drawbacks depending on your needs: ETFs on US exchanges are not available and automated savings plans are not supported.<\/p>\n\n<p>Overall, DEGIRO is a <strong>very attractive trading platform<\/strong> for many investors, especially when low fees and a lean setup are the main focus.<\/p>\n\n<p>If you choose DEGIRO, you will receive the following via our <strong><a href=\"https:\/\/www.degiro.ch\/?tap_a=55321-c5c085&amp;tap_s=1016265-b529be&amp;utm_source=schweizerfinanzblog&amp;utm_campaign=DEGIRO+Switzerland&amp;utm_medium=a&amp;utm_content=shares_lp\" target=\"_blank\" rel=\"noreferrer noopener\">partner link<\/a><\/strong> the first <strong>CHF 100 in transaction fees will be credited<\/strong> to your account. At the same time you support our blog.<\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"This_might_also_interest_you\">This might also interest you<\/span><\/h2>\n\n<link rel=\"stylesheet\" href=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/themes\/schweizerfinanzblog\/components\/post-list-component\/post-list-component.css\">\n\n<div class=\"post-list-componenet pt-2 pb-4\">\n\t<div class=\"row\">\n\t\t\t\t\t\t\n\t\t <div class=\"col-xl-6\">\n\t\t\t <a class=\"text-decoration-none\" href=\"https:\/\/schweizerfinanzblog.ch\/en\/best-broker-switzerland-6-important-factors\/\">\n\t\t\t\t<div class=\"d-flex post-list-card\">\n\t\t\t\t\t<div class=\"post-list-image \">\n\t\t\t\t\t\t<div class=\"image-wrapper\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1920\" height=\"1280\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2025\/08\/Titelbild_Bester_Broker_EN.png\" class=\"attachment-1920x1297 size-1920x1297 wp-post-image\" alt=\"Best Broker Switzerland\" 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\/>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"post-list-title px-2 d-flex align-items-center\">\n\t\t\t\t\t\t<p class=\"\">ETF savings plan Switzerland: 3 strong reasons for the autopilot strategy<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t\n\t\t <div class=\"col-xl-6\">\n\t\t\t <a class=\"text-decoration-none\" href=\"https:\/\/schweizerfinanzblog.ch\/en\/etf-buy-switzerland\/\">\n\t\t\t\t<div class=\"d-flex post-list-card\">\n\t\t\t\t\t<div class=\"post-list-image \">\n\t\t\t\t\t\t<div class=\"image-wrapper\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1920\" height=\"1078\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2018\/12\/etf-kaufen.jpg\" class=\"attachment-1920x1297 size-1920x1297 wp-post-image\" alt=\"\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2018\/12\/etf-kaufen.jpg 5456w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2018\/12\/etf-kaufen-768x431.jpg 768w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"post-list-title px-2 d-flex align-items-center\">\n\t\t\t\t\t\t<p class=\"\">Buying ETFs: it&#8217;s that easy!<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n<\/div>\n<h2 class=\"wp-block-heading\"><span id=\"Updates\">Updates<\/span><\/h2>\n\n<p>2026-01-15: Entire article comprehensively updated.  <\/p>\n<p>2025-12-05: New regulation for securities lending explained.<\/p>\n\n<p>2025-10-06: ETF core selection updated: exclusively ETFs on the Tradegate exchange<\/p>\n\n<p>2025-02-03: Removed outdated video.  <\/p>\n\n<p>2025-01-14: Savings plan suitability clarified (pricing vs. convenience). Various minor updates added.   <\/p>\n\n<p>2024-11-11: Various adjustments, e.g. updated illustrations and pointed out that DEGIRO now offers foreign currency accounts and has improved the filter function.  <\/p>\n\n<p>2024-10-31: Current transaction document of a real ETF purchase inserted by Stefan.  <\/p>\n\n<p>2024-02-01: Partner offer and free trading credits adjusted back to original level (CHF 100).  <\/p>\n\n<p>2024-01-02: Partner offer or free trading credits adjusted: now CHF 110 (previously CHF 100)<\/p>\n\n<p>2023-09-05: Deposit transfer fees adjusted. Fair Use Policy of DEGIRO linked in connection with trading.   <\/p>\n\n<p>2023-08-31: The term &#8220;free ETFs&#8221; is no longer used, as a processing fee of \u20ac1 is now charged in all cases. Various updates regarding stock exchanges and general information such as awards or number of customers. <\/p>\n\n<p>2023-08-08: Adjustment that a processing fee of \u20ac1 is now charged for free ETFs (CHF 0 commission).  <\/p>\n\n<p>2023-01-09: Summary &#8220;Short &amp; sweet&#8221; added at the beginning of the text. Various minor updates and associated rewording made.   <\/p>\n\n<p>2022-11-18: Note regarding the introduction of traditional bank accounts instead of the previous money market funds added.<\/p>\n\n<p><span data-rich-text-format-boundary=\"true\">2022-09-01: Adjustment of transaction fee to a flat rate of \u20ac3.00 incl. increased processing fee of \u20ac1.00 (previously \u20ac0.50). A processing fee of CHF 1.00 will be charged for transactions on Swiss stock exchanges. Free ETFs are still not affected by these fees.     <\/span><\/p>\n\n<p>2021-12-20: Fee adjustments for brokerage and currency exchange: Transaction fee \u20ac2.50 incl. new processing fee of \u20ac0.50 (previously \u20ac2.00+ 0.03%); still no fee for free ETFs; Manual transaction for all foreign currencies \u20ac10.00+ 0.25% (previously: \u20ac10.00+ 0.02%) \/ Auto FX Trader for all foreign currencies: 0.25% (previously: 0.1%). <\/p>\n\n<p>2021-09-29: Change of supervisory authority: Following DEGIRO&#8217;s notification, the German BaFin has been responsible since the merger with Flatex AG. When the article was published, the Dutch Financial Markets Authority AFM was still mentioned.   <\/p>\n\n<p>2021-05-15: Note added that the ETF UBS ETF MSCI ACWI Socially Responsible, originally not available at DEGIRO, is now available at DEGIRO.  <\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"Disclaimer\">Disclaimer<\/span><\/h2>\n\n<p><strong>Disclaimer: <\/strong>Investing involves risks of loss. You must decide for yourself whether you want to bear these risks or not. <\/p>\n\n<p><strong>Errors excepted:<\/strong> We have written this article about our DEGIRO experience in Switzerland to the best of our knowledge and belief. Our aim is to provide you as a private investor with the most objective and meaningful financial information possible. However, if we have made any mistakes, forgotten important aspects and\/or are no longer up to date, we would be grateful if you could let us know.  <\/p>\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fortunately, Switzerland is no longer exclusively a high-price island when it comes to investing. Nevertheless, according to our DEGIRO Switzerland experience, the European market leader is still one of the most attractive brokers. In this detailed review, we show where DEGIRO is still the leader today, how its ETF offering compares to Swissquote &amp; Co. [&hellip;]<\/p>","protected":false},"author":1,"featured_media":11554,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[178],"tags":[],"class_list":["post-9493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reviews-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/posts\/9493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/comments?post=9493"}],"version-history":[{"count":43,"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/posts\/9493\/revisions"}],"predecessor-version":[{"id":14806,"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/posts\/9493\/revisions\/14806"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/media\/11554"}],"wp:attachment":[{"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/media?parent=9493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/categories?post=9493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/tags?post=9493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}