{"id":9876,"date":"2022-12-09T15:27:36","date_gmt":"2022-12-09T14:27:36","guid":{"rendered":"https:\/\/schweizerfinanzblog.ch\/swissquote-experience-2024-how-good-and-cheap-is-the-swiss-pioneer-broker-really\/"},"modified":"2026-02-16T11:57:11","modified_gmt":"2026-02-16T10:57:11","slug":"our-swissquote-experience","status":"publish","type":"post","link":"https:\/\/schweizerfinanzblog.ch\/en\/our-swissquote-experience\/","title":{"rendered":"Swissquote experience (2026): How good and cheap is the Swiss pioneer broker really?"},"content":{"rendered":"\n<p><strong>Formerly almost without alternative, today with a lot of competition around the ears: In this detailed review, we want to tell you about our experiences with Swissquote. You will find out where we see the strengths and weaknesses of Switzerland&#8217;s largest online broker and for which investors a switch is particularly worthwhile &#8211; and for which it is not. Finally, Head of Marketing Romain Le Baud explains the particular challenges Swissquote is currently facing and how the company is positioning itself in an increasingly dynamic market.  <\/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\">27 Comments<\/a><\/span> \t\t\n\t<\/div>\n\t<div class=\"post-dates\">\n\t\tupdated on 3.1.2026\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=\"HXNrAtb\" 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>Founded in 1996, the Swiss online bank <strong data-start=\"336\" data-end=\"350\">Swissquote<\/strong> combines security, innovation and a wide range of products. If you want trading, banking and saving <strong data-start=\"455\" data-end=\"479\">all from a single source<\/strong>, you will find one of the most comprehensive solutions on the market here. The most important points at a glance:<\/p>\n<ul>\n<li><strong data-start=\"755\" data-end=\"793\">Swiss banking license &amp; deposit protection:<\/strong> Swissquote is regulated in Switzerland and offers protection up to CHF 100,000.<\/li>\n<li><strong data-start=\"877\" data-end=\"901\">Comprehensive offering:<\/strong> Over 3 million tradable products are available, including a large selection of ETFs on international exchanges.<\/li>\n<li><strong data-start=\"1025\" data-end=\"1050\">Fair flat rate:<\/strong> ETF and share trades on the Swiss stock exchange SIX cost a flat rate of CHF 9 \/ EUR \/ USD.<\/li>\n<li><strong data-start=\"1138\" data-end=\"1169\">Automatic ETF savings plan:<\/strong> Regular investments are possible from CHF 3 fee per execution &#8211; including fractional trading.<\/li>\n<li><strong data-start=\"1275\" data-end=\"1308\">Banking &amp; multi-currency account:<\/strong> The integrated account allows payments in multiple currencies and includes a free virtual debit card.<\/li>\n<li><strong data-start=\"1426\" data-end=\"1454\">Modern platform &amp; app:<\/strong> The trading interface is intuitive and individually configurable &#8211; also ideal for mobile use.<\/li>\n<li><strong data-start=\"1560\" data-end=\"1591\">Foreign currency &amp; FX costs:<\/strong> The flat exchange fee is 0.95%; these costs can be reduced or avoided by using foreign currency accounts.<\/li>\n<li><strong data-start=\"1716\" data-end=\"1734\">Custody account fees with cost ceiling:<\/strong> Depending on the custody account volume, between CHF 60 and CHF 200 are charged per year.<\/li>\n<li><strong data-start=\"1815\" data-end=\"1842\">Invest Easy (optional):<\/strong> Automated asset management offers convenience, but is associated with higher costs.<\/li>\n<li><strong data-start=\"1939\" data-end=\"1970\">Securities lending (optional):<\/strong> Additional passive income can be generated by lending your own securities.<\/li>\n<li><strong data-start=\"2060\" data-end=\"2082\">Support &amp; training:<\/strong> Free support (DE \/ EN \/ FR) is available by phone, email or chat, supplemented by online courses for beginners.<\/li>\n<\/ul>\n<p><strong data-start=\"279\" data-end=\"320\">Our Swissquote experience shows:<\/strong> If you are looking for an established Swiss platform with a wide range of products and fair, but not the cheapest conditions, Swissquote is a strong choice &#8211; everything from a single source.<\/p>\n<p>\ud83c\udf81With the Swissquote promotional code <strong> MKT_SFB <\/strong>you will receive <strong>100 CHF trading credits<\/strong> when you <a href=\"https:\/\/www.swissquote.com\/de-ch\/become-client\/open-account\" target=\"_blank\" rel=\"noopener\">open an account<\/a>.<\/p>\n\t<\/div>\n\t\t\t\n\t<\/div>\n\n<style>\n\t#HXNrAtb .kurz-bunding-content li::marker{\n\t\tcolor: #37c392;\n\t}\n\t#HXNrAtb .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=\"#Swissquote_promotional_code_MKT_SFB\">Swissquote promotional code MKT_SFB<\/a><\/li><li><a href=\"#Company_history\">Company history<\/a><\/li><li><a href=\"#Product_range\">Product range<\/a><\/li><li><a href=\"#Security\">Security<\/a><\/li><li><a href=\"#Account_opening\">Account opening<\/a><\/li><li><a href=\"#App_and_platform\">App and platform<\/a><\/li><li><a href=\"#Prices\">Prices<\/a><ul><li><a href=\"#Fee_highlights_Flat_rate_for_CHF_9_savings_plans_from_CHF_3\">Fee highlights: Flat rate for CHF 9 \/ savings plans from CHF 3<\/a><\/li><li><a href=\"#Custody_fees\">Custody fees<\/a><\/li><li><a href=\"#Brokerage_fees_transaction_fees\">Brokerage fees (transaction fees)<\/a><\/li><li><a href=\"#Stamp_duty_transaction_tax\">Stamp duty (transaction tax)<\/a><\/li><li><a href=\"#Foreign_currency_fees\">Foreign currency fees<\/a><\/li><li><a href=\"#Account_management_fees\">Account management fees  <\/a><\/li><li><a href=\"#Transfer_fees\">Transfer fees<\/a><\/li><li><a href=\"#Costs_for_Lombard_loans\">Costs for Lombard loans<\/a><\/li><li><a href=\"#Fees_for_robo-advisory\">Fees for robo-advisory<\/a><\/li><\/ul><\/li><li><a href=\"#Securities_lending_as_an_additional_source_of_income\">Securities lending as an additional source of income<\/a><\/li><li><a href=\"#Support\">Support<\/a><\/li><li><a href=\"#Suitability\">Suitability<\/a><\/li><li><a href=\"#Interview_with_Romain_Le_Baud_Head_Marketing_Swissquote\">Interview with Romain Le Baud, Head Marketing Swissquote<\/a><\/li><li><a href=\"#Conclusion_on_our_Swissquote_experience\">Conclusion on our Swissquote experience<\/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=\"Swissquote_promotional_code_MKT_SFB\">Swissquote promotional code MKT_SFB<\/span><\/h2>\n\n<p>If you are convinced by Swissquote&#8217;s offer, you can secure a starting bonus in the form of trading credits (fee waiver on trades) when you <a href=\"https:\/\/www.swissquote.com\/de-ch\/become-client\/open-account\" target=\"_blank\" rel=\"noopener\">open an account<\/a> with the <strong>promotional code<\/strong> <strong>MKT_SFB <\/strong>. You will also be supporting our blog.<\/p>\n\n<p class=\"has-text-align-center\"><span style=\"color: #37c392;\"><em>&#8211; Partner offer<\/em> <em>&#8211;<\/em><\/span><\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.swissquote.com\/en-ch\/become-client\/open-account\" target=\"_blank\" rel=\"nofollownoopener noopener\"><img decoding=\"async\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2026\/02\/Swissquote_-Banner_Kontoeroeffnung_EN.png\" alt=\"\" class=\"wp-image-0\"\/><\/a><\/figure>\n<\/div>\n<p class=\"has-text-align-center\"><span style=\"color: #37c392;\"><em>&#8211; &#8211; &#8211; &#8211; &#8211;<\/em><\/span><\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"Company_history\">Company history<\/span><\/h2>\n\n<p>&#8220;We want to be the world&#8217;s most advanced and intuitive online bank. We use innovation and technology to challenge and rethink traditional conventions.&#8221; This is Swissquote&#8217;s <strong>vision<\/strong>.  <\/p>\n\n<p>Since its foundation in 1996, Swissquote&#8217;s <a href=\"https:\/\/de.swissquote.com\/company\/about-us\/our-history\/milestones\" target=\"_blank\" rel=\"noopener\">corporate history<\/a> has been characterized by innovation and growth. The latter was not only achieved organically, but also through frequent company takeovers.<\/p>\n\n<p>Today, Swissquote has over <strong data-start=\"376\" data-end=\"398\">700,000 clients<\/strong> and is represented <strong data-start=\"411\" data-end=\"447\" data-is-only-node=\"\">in 12 locations around the world<\/strong> &#8211; a clear sign of the bank&#8217;s international orientation and growing importance in the global online trading market.<\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"2410\" height=\"1252\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/Swissquote_Standorte.png\" alt=\"\" class=\"wp-image-14445\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/Swissquote_Standorte.png 2410w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/Swissquote_Standorte-768x399.png 768w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/Swissquote_Standorte-1536x798.png 1536w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/Swissquote_Standorte-2048x1064.png 2048w\" sizes=\"(max-width: 2410px) 100vw, 2410px\" \/><figcaption class=\"wp-element-caption\">With 12 locations worldwide, Swissquote has a broad international presence (source: Swissquote).<\/figcaption><\/figure>\n\n<p>In the following, we focus on those milestones that are particularly relevant for private investors.<\/p>\n\n<ul class=\"wp-block-list\">\n<li>1996: Launch of Swissquote<\/li>\n\n\n\n<li>2000: Listing on the stock exchange (symbol: SQN)<\/li>\n\n\n\n<li>2001: Receipt of Swiss banking license<\/li>\n\n\n\n<li>2006: Online trading via smartphone<\/li>\n\n\n\n<li>2008: Introduction of savings accounts<\/li>\n\n\n\n<li>2014: Strategic partnership with PostFinance<\/li>\n\n\n\n<li>2018: Introduction of the multi-currency credit card<\/li>\n\n\n\n<li>2021: Launch of Neobank <a href=\"https:\/\/schweizerfinanzblog.ch\/en\/yuh-experience-critical-and-independent\/\" target=\"_blank\" rel=\"noopener\">Yuh<\/a> (review) together with PostFinance<\/li>\n\n\n\n<li>2023: Launch of a multi-currency debit card and &#8220;Invest Easy&#8221; for automated investing in an entire portfolio based on your own risk profile<\/li>\n\n\n\n<li>2024: Introduction of savings plans from CHF 3<\/li>\n\n\n\n<li>2025: Complete takeover of Neobank Yuh<\/li>\n<\/ul>\n\n<p>The fact that Swissquote&#8217;s dynamic business model works is also demonstrated by the bank&#8217;s pleasing share price performance.  <\/p>\n<div class=\"wp-block-image wp-image-3823 size-full\">\n<figure class=\"alignleft\"><img decoding=\"async\" width=\"3646\" height=\"1970\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/SQ_Chart_im_Vergleich_UBS_2025.png\" alt=\"\" class=\"wp-image-11707\"\/><figcaption class=\"wp-element-caption\">From June 2, 2000 (Swissquote&#8217;s IPO) to January 13, 2025, Swissquote has multiplied its market value, while the only remaining major Swiss bank, UBS, has experienced long-term stock market gloom (source: Swissquote TradingView).<\/figcaption><\/figure>\n<\/div>\n<h2 class=\"wp-block-heading\"><span id=\"Product_range\">Product range<\/span><\/h2>\n\n<p>We consider Swissquote&#8217;s offering to be very comprehensive. In total, Swissquote offers <strong>over 3 million products <\/strong>, including a <strong>wealth of ETFs<\/strong>, tradable on <strong>over 50 exchanges around the world<\/strong>. <\/p>\n\n<p>The best known is probably <strong>electronic trading in securities<\/strong> such as equities, investment funds (including ETFs), options\/warrants and bonds, as well as account and custody account management for private and corporate clients and asset managers. Swissquote&#8217;s competitiveness in its core business is also demonstrated by the fact that the major <strong>PostFinance has been processing e-trading exclusively via the Swissquote platform since 2015. <\/strong>   <\/p>\n\n<p>Swissquote was also the first online bank to enable <strong>trading in the <\/strong><strong>cryptocurrencies<\/strong> Bitcoin, Bitcoin Cash, Ether, Litecoin and Ripple back in 2017.<\/p>\n\n<p>Swissquote also offers other <strong>traditional banking services<\/strong> such as <strong>mortgages<\/strong>, <strong>Lombard loans<\/strong>, <strong>savings and multi-currency accounts<\/strong> as well as various <strong>payment cards<\/strong>, including the free, <a href=\"https:\/\/www.swissquote.com\/de-ch\/private\/bank\/products\/debit-cards\" target=\"_blank\" rel=\"noopener\">purely virtual &#8220;Light&#8221; debit card.<\/a><\/p>\n\n<p>Finally, powerful <strong>analysis tools<\/strong> and an integrated <strong>robo-advisory<\/strong> service <a href=\"https:\/\/www.swissquote.com\/de-ch\/private\/invest\/products\/invest-easy\" target=\"_blank\" rel=\"noopener\">&#8220;Invest Easy&#8221;<\/a> underline the company&#8217;s broad product range and great innovative strength.<\/p>\n\n<p><strong>Focus on equity ETFs: <\/strong>Swissquote therefore offers a versatile multi-asset platform for a wide range of investor groups. As you know, we consider the passive, low-cost, broadly diversified <a href=\"https:\/\/schweizerfinanzblog.ch\/en\/buy-and-hold-5-strong-advantages\/\" target=\"_blank\" rel=\"noopener\">buy and hold investment strategy<\/a> with a focus on the equity asset class to be the most promising in the long term. We are also convinced that such a strategy can best be implemented with ETFs. That is why we have focused on equity ETFs in this review of our Swissquote experience.     <\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"Security\">Security<\/span><\/h2>\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<p>Swissquote has proven to be <strong>crisis-resistant<\/strong> in its 25-year history. Apart from this, the following arguments in particular are likely to play a role for <strong>security-conscious investors<\/strong>: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Regulated by FINMA: <\/strong>Swissquote has a Swiss banking license and is therefore subject to the requirements of FINMA (Swiss Financial Market Supervisory Authority).<\/li>\n\n\n\n<li><strong>Swiss Deposit Protection:<\/strong> As a member of the Swiss Bankers Association (SBA), Swissquote has signed the Depositor Protection Agreement. This agreement guarantees individual bank creditors (depositors) rapid protection in the event of bank bankruptcy up to the equivalent of <strong>CHF 100,000<\/strong> in cash. <\/li>\n\n\n\n<li><strong>Separate custody of securities:<\/strong> Securities such as ETFs are fully guaranteed in the event of the bankruptcy of Swissquote Bank Ltd, as they are held by the respective custodians and are held there in the name of the client.<\/li>\n\n\n\n<li><strong>High security standards for account login: <\/strong>3-level authentication by means of user name, password and password supplement (optional). Incidentally, according to the support team, these are physically printed on laminated paper and sent by post, as in the early days, which surprised us somewhat from a &#8220;digital powerhouse&#8221;, which Swissquote undoubtedly is. On a positive note: After the initial registration, the purely digital option &#8220;Tan&#8221;, a one-time-use numerical code sent by SMS to a cell phone, can be selected.  <\/li>\n<\/ul>\n<\/div><\/div>\n\n<h2 class=\"wp-block-heading\"><span id=\"Account_opening\">Account opening<\/span><\/h2>\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<p>The <a href=\"https:\/\/www.swissquote.com\/de-ch\/become-client\/open-account\" target=\"_blank\" rel=\"noopener\">account can be opened<\/a> <strong>purely digitally in just a few minutes<\/strong>, for example by scanning documents. Swissquote does not use video recordings for personal identification. Alternatively, Swissquote offers account opening in <strong>person <\/strong>in its lounge in <strong>Zurich<\/strong>. Either way, opening an account is divided into the following three parts:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Personal data:<\/strong> Here you enter personal information such as marital status, income and assets as well as <strong>MKT_SFB<\/strong> in the &#8220;Promotion code&#8221; field, which will earn you <strong>trading credits worth CHF 100<\/strong> (special offer).<\/li>\n\n\n\n<li><strong style=\"font-size: revert; color: initial;\">Login details:<\/strong><span style=\"font-size: revert; color: initial;\"> You will receive your user name and password here.<\/span><\/li>\n\n\n\n<li><strong>Application completion:<\/strong> Here you can check your details again and sign the application digitally.<\/li>\n<\/ul>\n<\/div><\/div>\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, Swissquote offers both web-based access via the desktop and an app for mobile devices.<\/p>\n\n<p>While Swissquote previously presented itself in a rather sober, uninviting image, the new website has a clear structure and a modern look.<\/p>\n\n<p>The &#8220;Bank&#8221; menu shows the cash balances and account movements on the three standard accounts in CHF, EUR and USD. You will also see an overview of your card transactions. <\/p>\n\n<p>The actual trading platform is located in the &#8220;Trade&#8221; menu. This can be customized: In addition to the positions you already hold, you can create a personal watchlist with securities that are relevant to you. This allows you to keep an eye on price developments, market data and potential buy candidates at all times.  <\/p>\n<div class=\"wp-block-image size-full wp-image-3824\">\n<figure class=\"alignleft\"><img decoding=\"async\" width=\"1374\" height=\"1356\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/mobile-phone-swissquote_neu.png\" alt=\"Swissquote\" class=\"wp-image-14336\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/mobile-phone-swissquote_neu.png 1374w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/mobile-phone-swissquote_neu-64x64.png 64w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/mobile-phone-swissquote_neu-768x758.png 768w\" sizes=\"(max-width: 1374px) 100vw, 1374px\" \/><figcaption class=\"wp-element-caption\">New mobile app with charts, payment card and transaction overview (source: Swissquote).<\/figcaption><\/figure>\n<\/div>\n<p><\/p>\n<div class=\"wp-block-image size-full wp-image-3825\">\n<figure class=\"alignleft\"><img decoding=\"async\" width=\"1920\" height=\"1211\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/get-media_Desktop_Bild.avif\" alt=\"Swissquote experience\" class=\"wp-image-14341\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/get-media_Desktop_Bild.avif 1920w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/get-media_Desktop_Bild-768x484.avif 768w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/get-media_Desktop_Bild-1536x969.avif 1536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/><figcaption class=\"wp-element-caption\">New Swissquote desktop platform with market overview and trading functions (source: Swissquote).<\/figcaption><\/figure>\n<\/div>\n<p>Swissquote enables you to purchase securities on practically <strong>all the world&#8217;s major stock exchanges<\/strong>. Well-known ETFs, such as the Vanguard FTSE All-World in the illustration below, are often traded on different stock exchanges and in several currencies. The visualization by means of a country flag indicates the origin of the stock exchange and helps you to select the desired security.  <\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1810\" height=\"1364\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/Boersenplaetze-beim-ETF-Kauf_neu.png\" alt=\"\" class=\"wp-image-14448\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/Boersenplaetze-beim-ETF-Kauf_neu.png 1810w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/Boersenplaetze-beim-ETF-Kauf_neu-768x579.png 768w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/Boersenplaetze-beim-ETF-Kauf_neu-1536x1158.png 1536w\" sizes=\"(max-width: 1810px) 100vw, 1810px\" \/><figcaption class=\"wp-element-caption\">Once you have decided on a security, Swissquote will list all possible stock exchanges and trading currencies (source: Swissquote).<\/figcaption><\/figure>\n\n<h2 class=\"wp-block-heading\"><span id=\"Prices\">Prices<\/span><\/h2>\n\n<p>Let&#8217;s get straight to the point: Swissquote cannot compete with foreign providers such as <a href=\"https:\/\/schweizerfinanzblog.ch\/en\/interactive-brokers-switzerland-experience\/\" target=\"_blank\" rel=\"noopener\">Interactive Brokers<\/a> or <a href=\"https:\/\/schweizerfinanzblog.ch\/degiro-review-etf-sparplan-schweiz\/\" target=\"_blank\" rel=\"noopener\">DEGIRO<\/a> in terms of price. In a comparison within Switzerland, however, Swissquote&#8217;s <a href=\"https:\/\/www.swissquote.com\/de-ch\/private\/trade\/pricing\/commissions\" target=\"_blank\" rel=\"noopener\">fees are quite attractive<\/a>.<\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Fee_highlights_Flat_rate_for_CHF_9_savings_plans_from_CHF_3\">Fee highlights: Flat rate for CHF 9 \/ savings plans from CHF 3<\/span><\/h3>\n\n<p>As already mentioned, we were particularly impressed by the fact that Swissquote offers numerous attractive ETFs, so-called ETF Leaders, at a moderate <strong>flat rate of CHF 9<\/strong>. According to Swissquote, this fair flat rate applies to a total of <a href=\"https:\/\/www.swissquote.ch\/trading-platform\/?entity=sqbch&amp;sessionid=ed1teymb4carrlwqfg0e67t67&amp;trackpageid=ed1teymb4carrlwqfg0e67t67*9483264187&amp;utm_campaign=forex-product&amp;utm_medium=cpc&amp;utm_source=google&amp;gclid=Cj0KCQiAi_G5BhDXARIsAN5SX7rZ7BMOG83XSUUr0uWwnCrVeXD92YfXaCzEZipWmc_EtxCojI2m9AEaApIeEALw_wcB&amp;utm_content=164921832717&amp;utm_term=swissquote+investieren#markets\/url\/%2Fsq-espaces-cms%2F%3FviewMode%3Drestricted%23etf%2Fleaders%3Fl%3Den%26trackPageId%3Dgoxjr1vfpidib2lx6hsk8j396*9786209314%26cookieId%3Dundefined%26sessionId%3Dgoxjr1vfpidib2lx6hsk8j396%26_ga%3D2.167291390.1587690221.1693817739-68479741.1685949168%26_gl%3D1*176sbrk*_ga*Njg0Nzk3NDEuMTY4NTk0OTE2OA..*_ga_Q95R4Y92G2*MTY5NDE4MjY3Ni4xNjIuMS4xNjk0MTgyODI1LjUwLjAuMA..\" target=\"_blank\" rel=\"noopener\">more than 9,000 ETFs<\/a>. <\/p>\n\n<p>If you would like to invest smaller amounts on a regular basis, Swissquote now offers <a href=\"https:\/\/www.swissquote.com\/de-ch\/private\/invest\/products\/saving-plan\" target=\"_blank\" rel=\"noopener\">savings plans with low fees starting at CHF 3<\/a>.<\/p>\n\n<p>We have compiled the most important types of fees for you below:<\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Custody_fees\">Custody fees<\/span><\/h3>\n\n<p>Custody account fees are <strong>independent of transactions.<\/strong> They are charged quarterly at Swissquote and amount to <strong>0.025% of the custody account value<\/strong>, with a minimum of CHF 15 and a maximum of CHF 50. Positive: Swissquote applies a <strong>cost cap<\/strong> to custody account fees. The annual maximum fee of CHF 200 is reached from securities assets of CHF 200,000. For values below this, it becomes cheaper up to a minimum of CHF 60 p.a.    <\/p>\n\n<p>The following comparison shows how important a cost cap is for cost-conscious investors with larger assets:<\/p>\n\n<table id=\"tablepress-26\" class=\"tablepress tablepress-id-26\" aria-describedby=\"tablepress-26-description\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Provider<\/th><th class=\"column-2\">100&#8217;000 CHF<\/th><th class=\"column-3\">500&#8217;000 CHF<\/th><th class=\"column-4\">1 Mio. CHF<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Swissquote<\/td><td class=\"column-2\">100 (0.10%)<\/td><td class=\"column-3\">200 (Cap)<\/td><td class=\"column-4\">200 (Cap)<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Migros Bank<\/td><td class=\"column-2\">230 (0.23%)<\/td><td class=\"column-3\">1&#8217;150 (0.23%)<\/td><td class=\"column-4\">2&#8217;100 (0.21%)<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Z\u00fcrcher Kantonalbank<\/td><td class=\"column-2\">300 (0.30%)<\/td><td class=\"column-3\">1&#8217;500 (0.30%)<\/td><td class=\"column-4\">3&#8217;000 (0.30%)<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">UBS<\/td><td class=\"column-2\">350 (0.35%)<\/td><td class=\"column-3\">1&#8217;750 (0.35%)<\/td><td class=\"column-4\">3&#8217;500 (0.35%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<span id=\"tablepress-26-description\" class=\"tablepress-table-description tablepress-table-description-id-26\">Custody account fee comparison between Swissquote (with cost cap) and other established Swiss banks (without cost cap): The higher the securities assets, the more important a cost cap is and the better Swissquote performs in the comparison (own research; as at 13 January 2025).<\/span>\n<!-- #tablepress-26 from cache -->\n<h3 class=\"wp-block-heading\"><span id=\"Brokerage_fees_transaction_fees\">Brokerage fees (transaction fees)<\/span><\/h3>\n\n<p>A positive aspect of this important fee item is the <strong>flat rate of CHF\/USD\/EUR 9 <\/strong>(depending on the trading currency), which is moderate by Swiss standards. Swissquote refers to ETFs that benefit from this low flat rate as <strong>&#8220;ETF Leaders&#8221;.<\/strong> These are not unattractive leftover stocks from unknown providers. On the contrary: this category includes <strong>hundreds of ETFs from the most renowned providers such as Vanguard or iShares <\/strong>(Blackrock)<strong>. <\/strong>What they have in common is that they are all traded on the <strong>SIX Swiss Exchange<\/strong>.   <\/p>\n\n<p>We are pleased to report that our research has also shown that all the <strong>winning ETFs<\/strong> that we selected in the article <a href=\"https:\/\/schweizerfinanzblog.ch\/en\/best-etfs-switzerland-and-global\/\" target=\"_blank\" rel=\"noopener\">Best ETFs Switzerland and globally<\/a> after a rigorous multi-stage selection process benefit from this low flat rate.  <\/p>\n\n<p><a href=\"https:\/\/www.swissquote.ch\/trading-platform\/?sessionid=ed1teymb4carrlwqfg0e67t67&amp;trackpageid=ed1teymb4carrlwqfg0e67t67*9483264187&amp;utm_campaign=newsletter-11-mar-24_sqba_multiasset_newsletter-11-mar-24_activation_multiasset&amp;utm_medium=newsletter&amp;utm_source=swissquote.com&amp;_gl=1*1vuf4a6*_ga*MjQyNjk1MTAzLjE3MDIwMzU2NTg.*_ga_77X79Y6X2J*MTcxMjgyODgxMC4xMi4xLjE3MTI4Mjg4MTEuNTkuMC4w*_ga_Q95R4Y92G2*MTcxMjgyODgxMC4yNC4xLjE3MTI4Mjg4MTEuNTkuMC4w&amp;pk_vid=4fff2bf3ac7a9e7417128288248446db#markets\/url\/%2Fsq-espaces-cms%2F%3FviewMode%3Drestricted%23etf%2Fleaders%3Fl%3Den%26trackPageId%3Dgoxjr1vfpidib2lx6hsk8j396*9786209314%26cookieId%3Dundefined%26sessionId%3Dgoxjr1vfpidib2lx6hsk8j396%26_ga%3D2.167291390.1587690221.1693817739-68479741.1685949168%26_gl%3D1*176sbrk*_ga*Njg0Nzk3NDEuMTY4NTk0OTE2OA..*_ga_Q95R4Y92G2*MTY5NDE4MjY3Ni4xNjIuMS4xNjk0MTgyODI1LjUwLjAuMA..\" target=\"_blank\" rel=\"noopener\">Here<\/a> you will find all the ETFs that Swissquote offers at the &#8220;ETF Leaders&#8221; special rate.  <\/p>\n\n<p>Let&#8217;s come back to the costs: A purchase of 50 units of the &#8220;ETF Leader&#8221; Vanguard All World ETF (VWRL) at a unit price of CHF 94.00 cost us CHF 4,718.25 including <strong>fees of<\/strong> <strong>CHF<\/strong> <strong>18.25<\/strong>. Below is a brief breakdown of these transaction-related costs: <\/p>\n\n<ul class=\"wp-block-list\">\n<li>Brokerage fee from Swissquote: CHF 9.00<\/li>\n\n\n\n<li>Stamp duty (0.15%): CHF 7.05<\/li>\n\n\n\n<li>Stock exchange fees: CHF 2.20<\/li>\n<\/ul>\n\n<p>This means that Swissquote&#8217;s fees for our test trade are only around half, with the other half being paid by the federal government and the stock exchange.  <\/p>\n\n<figure class=\"wp-block-image size-full wp-image-3827\"><img decoding=\"async\" width=\"901\" height=\"683\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/11\/SQ_Kauf_VWRL.gif\" alt=\"Swissquote experience\" class=\"wp-image-3827\"\/><figcaption class=\"wp-element-caption\">Stock exchange order for an ETF purchase at Swissquote.<\/figcaption><\/figure>\n\n<p>If you can&#8217;t warm to any of these low-price ETFs, you will pay significantly higher brokerage fees for transaction sums of CHF\/USD\/EUR 2,000 or more, as the following Swissquote price overview for shares and ETFs shows:  &nbsp;<\/p>\n<div id=\"attachment_9631\" style=\"width: 2896px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-9631\" class=\"wp-image-9630 size-full\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/Swissquote_Courtagen.png\" alt=\"Swissquote experience\" width=\"2886\" height=\"1812\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/Swissquote_Courtagen.png 2886w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/Swissquote_Courtagen-768x482.png 768w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/Swissquote_Courtagen-1536x964.png 1536w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/Swissquote_Courtagen-2048x1286.png 2048w\" sizes=\"(max-width: 2886px) 100vw, 2886px\" \/><p id=\"caption-attachment-9631\" class=\"wp-caption-text\">Brokerage fees at Swissquote now start at CHF 3, e.g. with a savings plan of CHF 500.<\/p><\/div>\n\n<p>It is therefore obvious that anyone who chooses Swissquote as their broker and wants to invest in ETFs should preferably opt for &#8220;ETF Leaders&#8221; products with a flat fee of CHF 9. The &#8220;normal&#8221; tariffs are reminiscent of the Swiss high-price island and are unlikely to be an option for cost-conscious investors. With one exception: if you only invest smaller amounts, e.g. regularly by means of a savings plan, up to CHF 500 or CHF 1,000, there are also only moderate fees of CHF 3 or CHF 5.     <\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Stamp_duty_transaction_tax\">Stamp duty (transaction tax)<\/span><\/h3>\n\n<p>As Swissquote is a Swiss broker, stamp duty is levied on every trade. It amounts to <strong>0.075 percent<\/strong> for funds domiciled in Switzerland (recognizable by the domestic ISIN &#8220;CH&#8230;&#8221;) and <strong>0.15 percent<\/strong> for funds domiciled abroad (foreign ISIN such as &#8220;IE&#8230;&#8221; for Ireland). You can find out more about the taxation of ETFs in our separate tax article <a href=\"https:\/\/schweizerfinanzblog.ch\/etf-steuern-schweiz-mit-4-steuerspartipps\/\" target=\"_blank\" rel=\"noopener\">ETF taxes Switzerland: Optimize your portfolio with these 4 tax-saving tips<\/a>.  <\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Foreign_currency_fees\">Foreign currency fees<\/span><\/h3>\n\n<p>For currency exchange within major currencies, which includes the Swiss franc, euro, US dollar, British pound and Japanese yen, Swissquote <strong>charges a fee of 0.95% <\/strong>. Higher rates apply for so-called minor currencies, which you can find <a href=\"https:\/\/de.swissquote.com\/trading\/pricing\/currency-exchange\" target=\"_blank\" rel=\"noopener\">here<\/a>. <\/p>\n\n<p>With Swissquote, you can hold almost any number of <strong>foreign currency accounts<\/strong>. Foreign currency accounts are advantageous because they can help you save on the relatively high exchange fees. For example, if you already have EUR cash and want to invest in an ETF in EUR trading currency, you will not incur any foreign currency fees. Incoming EUR transfers to your Swissquote Trading account are also <strong>free of charge<\/strong>.   <\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Account_management_fees\">Account management fees  <\/span><\/h3>\n\n<p>At Swissquote, you can manage your cash in <strong>different currency accounts free of charge <\/strong>. Practical: When you open an account, you receive a CHF, USD and EUR bank account as standard. <\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Transfer_fees\">Transfer fees<\/span><\/h3>\n\n<p>Encouraging, albeit overdue: since 1.1.2023, Swissquote <strong>no<\/strong> longer <strong>charges fees<\/strong> for <strong>domestic payments<\/strong>. Previously, a flat fee of CHF 2 had to be paid for outgoing transfers. A no-go for us, which is why we advised against using Swissquote as a traditional house bank when we published this article. Now, this option may once again be an option for some investors. But be careful: If you regularly make <strong>international <a href=\"https:\/\/de.wikipedia.org\/wiki\/Europ%C3%A4ischer_Zahlungsraum\" target=\"_blank\" rel=\"noopener\">SEPA transfers<\/a><\/strong> in euros, you will still be charged a fee of <strong>\u20ac2 <\/strong>.      <\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Costs_for_Lombard_loans\">Costs for Lombard loans<\/span><\/h3>\n\n<p>If you want to invest more riskily, you can <strong>leverage<\/strong> your investments with a securities loan (Lombard loan). You can find Swissquote&#8217;s current interest rates <a href=\"https:\/\/www.swissquote.com\/de-ch\/private\/trade\/products\/securities\/lombard-loan\" target=\"_blank\" rel=\"noopener\">here<\/a>. <\/p>\n\n<p>If Lombard loans are an issue for you, it&#8217;s worth <strong>checking<\/strong> the offers from the various providers <strong>carefully<\/strong>. This is because there are <strong>major differences<\/strong> in this niche market, which are ultimately decisive for your performance. <\/p>\n\n<p>Toni, for example, opted for a <a href=\"https:\/\/www.interactivebrokers.co.uk\/mkt\/?src=schweiz13&amp;url=%2Fde%2Findex.php%3Ff%3D46996%0A\" target=\"_blank\" rel=\"noopener\">Lombard loan from Interactive Brokers<\/a> at the beginning of 2022, whose (then) low interest rates were ultimately the reason why he has kept his main custody account with IBKR ever since.  <\/p>\n\n<h3 class=\"wp-block-heading\"><span id=\"Fees_for_robo-advisory\">Fees for robo-advisory<\/span><\/h3>\n\n<p>For those who want to manage their entire portfolio automatically, i.e. not just individual positions in the savings plan, Swissquote offers the option of <a href=\"https:\/\/www.swissquote.com\/de-ch\/private\/invest\/products\/invest-easy\" target=\"_blank\" rel=\"noopener\">&#8220;Invest Easy&#8221;<\/a>. However, the relatively high total fees of up to <strong>0.81%<\/strong> are likely to deter many private investors. Our <a href=\"https:\/\/schweizerfinanzblog.ch\/en\/robo-advisor-switzerland-3-provider-comparison\/\" target=\"_blank\" rel=\"noopener\">comparison of three established robo-advisors<\/a> shows that it can also be much cheaper. <\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"Securities_lending_as_an_additional_source_of_income\">Securities lending as an additional source of income<\/span><\/h2>\n\n<p>Securities lending is a free, <strong>optional service<\/strong> from Swissquote that offers you an additional way to generate <strong>passive income from your existing portfolio<\/strong>. Here&#8217;s how it works: Swissquote lends your securities on your behalf to institutions that need them and you receive a share of the returns generated. This share can vary greatly: According to Swissquote, the gross return on securities lent ranges from 0.5% to over 4%, depending on the lending transaction. The returns are credited monthly.   <\/p>\n\n<p>Swissquote ensures that it only conducts securities lending with renowned, top-rated institutions and holds at least 105% collateral.  <\/p>\n\n<p>Even if you lend out your securities, you remain their beneficial owner and continue to receive dividends.<\/p>\n\n<p>Important: Despite all the security precautions taken by Swissquote, you are taking an <strong>additional risk<\/strong> with securities lending. Essentially, this is that in the event of a loss, the <strong>value of the collateral may not cover the value of the securities lent <\/strong>. You can find out more about securities lending from Swissquote <a href=\"https:\/\/de.swissquote.lu\/trading-account\/securities-lending\" target=\"_blank\" rel=\"noopener\">here<\/a>.   <\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1904\" height=\"1238\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2023\/10\/Wertpapierleihe_Schema.jpg\" alt=\"\" class=\"wp-image-5449\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2023\/10\/Wertpapierleihe_Schema.jpg 1904w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2023\/10\/Wertpapierleihe_Schema-768x499.jpg 768w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2023\/10\/Wertpapierleihe_Schema-1536x999.jpg 1536w\" sizes=\"(max-width: 1904px) 100vw, 1904px\" \/><figcaption class=\"wp-element-caption\">Scheme of securities lending as an optional Swissquote service for passive additional earnings (source: Swissquote).<\/figcaption><\/figure>\n\n<h2 class=\"wp-block-heading\"><span id=\"Support\">Support<\/span><\/h2>\n\n<p>Swissquote&#8217;s support is a clear plus point for us: <strong>Competent, free of charge, available in German if required and flexible via telephone, e-mail or chat<\/strong>.<\/p>\n\n<p>The latter has proven to be particularly efficient for us (unlike telephone inquiries, where we spent 15 minutes on hold shortly before midday): While the robot is good at helping with standard questions, the human support team answers more specific queries. It should be noted that the switch from machine to human must be initiated with the comment &#8220;An agent, please&#8221;. <\/p>\n<div class=\"wp-block-image size-full wp-image-3829\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"530\" height=\"596\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/11\/SQ_Chatbot_Agenten_Screenshot-2022-11-04-142402.gif\" alt=\"Swissquote experience\" class=\"wp-image-3829\"\/><figcaption class=\"wp-element-caption\">Efficient chat system from Swissquote thanks to on-the-fly switching from machine to human support.<\/figcaption><\/figure>\n<\/div>\n<p>The telephone support team once referred us to the <strong>contact form<\/strong> when we pointed out a bug in the demo version. (Some widgets in our workspace were no longer displayed correctly). So we filled out the form and attached a print screen with the faulty widgets as &#8220;evidence&#8221;. We received an e-mail from Swissquote on the same day informing us that it would take two working days to rectify the problem, which it did.   <\/p>\n\n<p>Many people may be less aware that the online bank Swissquote also operates a <strong>lounge in Zurich<\/strong> in addition to its headquarters in Gland (VD). Centrally located at L\u00f6wenstrasse 62, a five-minute walk from the main train station, you can meet Swissquote in person. And not only, as mentioned above, to <strong>open an account<\/strong>, but also to call up <strong>stock market information etc.<\/strong> or simply have a <strong>coffee<\/strong> in a relaxed atmosphere.   <\/p>\n\n<p>As support in the broader sense, Swissquote offers a <strong>wide range of training<\/strong> in the form of free <strong>video courses<\/strong>, <strong>webinars<\/strong> and <strong>eBooks <\/strong>on all aspects of investing. These training formats are primarily aimed at <strong>newcomers to the stock market<\/strong>, as the following video on how the stock market works shows. <\/p>\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n <div class=\"brlbs-cmpnt-container brlbs-cmpnt-content-blocker brlbs-cmpnt-with-individual-styles\" data-borlabs-cookie-content-blocker-id=\"default\" data-borlabs-cookie-content=\"PGlmcmFtZSB0aXRsZT0iVHJhZGluZyBsZXJuZW4gLSAxLiBEaWUgQsO2cnNlIHwgU3dpc3NxdW90ZSIgd2lkdGg9IjUwMCIgaGVpZ2h0PSIyODEiIHNyYz0iaHR0cHM6Ly93d3cueW91dHViZS5jb20vZW1iZWQvYjZGenBzci15VkU\/ZmVhdHVyZT1vZW1iZWQiIGZyYW1lYm9yZGVyPSIwIiBhbGxvdz0iYWNjZWxlcm9tZXRlcjsgYXV0b3BsYXk7IGNsaXBib2FyZC13cml0ZTsgZW5jcnlwdGVkLW1lZGlhOyBneXJvc2NvcGU7IHBpY3R1cmUtaW4tcGljdHVyZTsgd2ViLXNoYXJlIiByZWZlcnJlcnBvbGljeT0ic3RyaWN0LW9yaWdpbi13aGVuLWNyb3NzLW9yaWdpbiIgYWxsb3dmdWxsc2NyZWVuPjwvaWZyYW1lPg==\"><div class=\"brlbs-cmpnt-cb-preset-a\"> <p class=\"brlbs-cmpnt-cb-description\">You are currently viewing a placeholder content from <strong>Default<\/strong>. To access the actual content, click the button below. Please note that doing so will share data with third-party providers.<\/p> <div class=\"brlbs-cmpnt-cb-buttons\"> <a class=\"brlbs-cmpnt-cb-btn\" href=\"#\" data-borlabs-cookie-unblock role=\"button\">Unblock content<\/a> <a class=\"brlbs-cmpnt-cb-btn\" href=\"#\" data-borlabs-cookie-accept-service role=\"button\" style=\"display: none\">Accept required service and unblock content<\/a> <\/div> <a class=\"brlbs-cmpnt-cb-provider-toggle\" href=\"#\" data-borlabs-cookie-show-provider-information role=\"button\">More Information<\/a> <\/div><\/div>\n<\/div><\/figure>\n\n<h2 class=\"wp-block-heading\"><span id=\"Suitability\">Suitability<\/span><\/h2>\n\n<p>Based on our experience and the research conducted for this review, we believe that the Swiss pioneer broker is particularly suitable for <strong>investors<\/strong> who value one or more of the following characteristics when choosing a broker:<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Domestic broker with a <strong>Swiss banking license<\/strong>, Swiss deposit protection of <strong>CHF 100,000 <\/strong>and <strong>30 years of market experience<\/strong><\/li>\n\n\n\n<li><strong>Huge offering<\/strong> with <strong>over 3 million products<\/strong>, including a <strong>wealth of (niche) ETFs<\/strong>, tradable on numerous exchanges around the world<\/li>\n\n\n\n<li>Attractive conditions for larger transaction amounts of CHF 1,000 or more thanks to <strong>a flat rate of CHF 9\/EUR\/USD <\/strong>for securities traded on the SIX Swiss Exchange, e.g. ETFs<\/li>\n\n\n\n<li><strong>Automatic savings plan function:<\/strong> regular, consistent investments possible at moderate fees from <strong>CHF 3\/EUR\/USD<\/strong> thanks to <strong>fractional trading<\/strong> <\/li>\n\n\n\n<li><strong>Separate foreign currency accounts<\/strong>, which can save on currency exchange fees<\/li>\n\n\n\n<li>Competent, <strong>German-speaking<\/strong> <strong>free support<\/strong> via e-mail, telephone or chat<\/li>\n\n\n\n<li><strong>Flexible use:<\/strong> Modern, <strong>customizable user interface<\/strong> and <strong>app for mobile devices<\/strong><\/li>\n\n\n\n<li><strong>Everything from a single source:<\/strong> investing, transfers and savings including cards <\/li>\n\n\n\n<li><strong>Online courses <\/strong>for beginners<\/li>\n<\/ul>\n\n<p class=\"has-text-align-center\"><span style=\"color: #37c392;\">&#8211; <em> Partner offer<\/em> &#8211;<\/span><\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.swissquote.com\/en-ch\/become-client\/open-account\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2026\/02\/Swissquote_-Banner_Kontoeroeffnung_EN.png\" alt=\"\" class=\"wp-image-0\"\/><\/a><\/figure>\n<\/div>\n<p class=\"has-text-align-center\"><span style=\"color: #37c392;\"><em>&#8211; &#8211; &#8211; &#8211; &#8211;<\/em><\/span><\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"Interview_with_Romain_Le_Baud_Head_Marketing_Swissquote\">Interview with Romain Le Baud, Head Marketing Swissquote<\/span><\/h2>\n\n<p><strong>As Head of Marketing, you shape Swissquotes&#8217; positioning. What are currently the most important challenges? <\/strong><\/p>\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-ad2f72ca wp-block-group-is-layout-flex\">\n<p><strong>Romain Le Baud:<\/strong> Today&#8217;s market is more digital, faster and more price-sensitive than ever. There are three key challenges for us: <\/p>\n<\/div>\n\n<ol class=\"wp-block-list\">\n<li>Standing out in a market where everything looks the same<br\/>Many providers look similar. Swissquote must remain clearly recognizable as an innovative, reliable and bold brand. <\/li>\n\n\n\n<li>Reconciling price sensitivity and added value<br\/>Price pressure is increasing. It is crucial to make the added value behind a regulated Swiss bank with a broad offering and stable infrastructure visible. <\/li>\n\n\n\n<li>Keeping up with the pace without diluting our long-term vision <br\/>The industry is accelerating &#8211; new technologies, new platforms, new asset classes. We want to stay agile without losing our focus or a consistent customer experience. <\/li>\n<\/ol>\n\n<p>What counts in the end is to secure Swissquote&#8217;s leading position in an increasingly dynamic market &#8211; through a clear identity, innovation and reliability.<\/p>\n\n<p><strong>Swissquote achieves record figures, but at the same time the custody account fees are coming under increasing criticism. Many people see these fees as a relic of traditional banking precisely because they are incurred even if you don&#8217;t trade. What do you think about a possible fee cut and the opportunity to appeal to more price-sensitive investor segments?  <\/strong><\/p>\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/romain-le-baud_Swissquote_JPG.jpg\" alt=\"\" class=\"wp-image-14071\" style=\"width:434px;height:auto\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/romain-le-baud_Swissquote_JPG.jpg 400w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2022\/12\/romain-le-baud_Swissquote_JPG-64x64.jpg 64w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption class=\"wp-element-caption\">Romain Le Baud, Head Marketing Swissquote<\/figcaption><\/figure>\n<\/div>\n<p>It is crucial to distinguish between a low-cost broker and a fully regulated digital bank. Swissquote is the leading digital bank in Switzerland &#8211; with Swiss regulation, customer service, internal development and a broad investment universe of over 3 million products. This level of security, infrastructure and quality comes at a price, and we are convinced that the value delivered clearly justifies it.  <\/p>\n\n<p>Our aim is not to be the cheapest provider, but to offer the best value for money. For more price-sensitive customers who prefer a simpler and reduced offering, <a href=\"https:\/\/schweizerfinanzblog.ch\/en\/yuh-experience-critical-and-independent\/\" target=\"_blank\" data-type=\"post\" data-id=\"5358\" rel=\"noreferrer noopener\">Yuh<\/a> already offers a modern and competitive alternative without custody fees. <\/p>\n\n<p><strong>Finally, a look into the crystal ball: What will banking and trading look like by 2030 &#8211; in terms of technology, regulation and customer behavior? And what new functions or products will Swissquote surprise us with in the near future? <\/strong><\/p>\n\n<p>It is difficult to speculate reliably about future regulatory developments, and I ask for your understanding that I will only comment on specific new products when they are ready to be launched. What is clear, however, is that two forces will shape the financial world until 2030: Technology and customer behavior &#8211; and AI will greatly accelerate both. <\/p>\n\n<ol class=\"wp-block-list\">\n<li>Technology: AI-based, frictionless and highly personalized <br\/>AI will become the core of the trading and banking experience by 2030. Platforms will become smarter, more personal and more dialog-oriented &#8211; from analysis and risk control to almost invisible processes such as onboarding or compliance. Technology is thus evolving from an execution tool to an actual intelligence engine.  <\/li>\n\n\n\n<li>Customer behavior: from DIY trading to AI-powered investing<br\/>Investors still want control, but less complexity. AI will simplify decisions and enable personalized, guided experiences. Banking, trading and digital assets will increasingly merge into a seamless user journey.  <\/li>\n<\/ol>\n\n<p><strong>Thank you Romain for the exciting insights.  <\/strong><\/p>\n\n<p>(The interview with Romain Le Baud was conducted in writing in English on 20.11.2025 and is reproduced here in slightly abridged form).<\/p>\n\n<h2 class=\"wp-block-heading\"><span id=\"Conclusion_on_our_Swissquote_experience\">Conclusion on our Swissquote experience<\/span><\/h2>\n\n<p>Our experience with Swissquote has shown that the Swiss market leader offers an <strong>attractive overall package<\/strong> for all those who value an online broker with a <strong>Swiss banking license<\/strong>.  <\/p>\n\n<p>This target group also benefits from a <strong>modern trading platform<\/strong> and <strong>efficient, German-speaking customer support<\/strong>.<\/p>\n\n<p>However, we believe the decisive criterion for switching to Swissquote is the <strong>fair flat rate of 9 CHF\/EUR\/USD<\/strong>, which Swissquote has introduced for numerous attractive ETFs, among other things. With this clever move, Swissquote is also convincing in terms of price compared to most other Swiss providers. <\/p>\n\n<p>But even if you only want to invest smaller amounts, e.g. conveniently by means of an automated <strong>savings plan<\/strong>, Swissquote has made improvements and <strong>significantly reduced the entry-level prices<\/strong>: from <strong>CHF 3 <\/strong>for investment amounts up to CHF 500.<\/p>\n\n<p>And one more thing: on 1.1.2023, Swissquote abolished the fees for domestic payments. In our opinion, this overdue adjustment not only convinces us that Swissquote is a Swiss online broker, it also scores points as a traditional house bank.   <\/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-etfs-switzerland-and-global\/\">\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\/2026\/01\/Titelbild_BesteETFs_2026_EN.png\" class=\"attachment-1920x1297 size-1920x1297 wp-post-image\" alt=\"Best ETFs Switzerland and global\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2026\/01\/Titelbild_BesteETFs_2026_EN.png 2048w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2026\/01\/Titelbild_BesteETFs_2026_EN-768x512.png 768w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2026\/01\/Titelbild_BesteETFs_2026_EN-1536x1024.png 1536w\" 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=\"\">Best ETFs Switzerland and global 2026: And the Winner is&#8230;<\/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-savings-plan-switzerland-3-strong-reasons-for-the-autopilot-strategy\/\">\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=\"1080\" src=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2024\/12\/Titelbild_V1_ETF-Sparplaene-Schweiz_optimiert_EN.png\" class=\"attachment-1920x1297 size-1920x1297 wp-post-image\" alt=\"\" srcset=\"https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2024\/12\/Titelbild_V1_ETF-Sparplaene-Schweiz_optimiert_EN.png 1920w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2024\/12\/Titelbild_V1_ETF-Sparplaene-Schweiz_optimiert_EN-768x432.png 768w, https:\/\/schweizerfinanzblog.ch\/wp-content\/uploads\/2024\/12\/Titelbild_V1_ETF-Sparplaene-Schweiz_optimiert_EN-1536x864.png 1536w\" 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=\"\">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\t<\/div>\n<\/div>\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<\/div>\n<\/div>\n<h2 class=\"wp-block-heading\"><span id=\"Updates\">Updates<\/span><\/h2>\n\n<p>2026-01-03: Various updates made to text and images.  <\/p>\n\n<p>2025-12-16: New platform redesign presented.  <\/p>\n\n<p>2025-12-02: Bonus (trading credits) increased to CHF 200.  <\/p>\n\n<p>2025-11-21: New interview with Swissquotes Head of Marketing Romain Le Baud added.  <\/p>\n\n<p>2025-10-06: Various minor updates made.  <\/p>\n\n<p>2025-07-15: Various minor updates made.  <\/p>\n\n<p>2025-01-13: New price chart Swissquote vs. UBS added. Fee comparison updated. Various minor adjustments made.  <\/p>\n\n<p>2024-11-19: New savings plan offer with fees from CHF 3 explained and prices updated.  <\/p>\n\n<p>2024-04-11: Various links updated; the new &#8220;Invest Easy&#8221; tool for automatic asset management and the new, purely virtual free &#8220;Light&#8221; debit card mentioned; note added that PostFinance has been offering e-trading on the Swissquote platform since 2015.<\/p>\n\n<p>2024-01-29: Specifies that Swissquote offers over 50 trading venues and more than 9,000 ETFs worldwide at a flat rate of CHF 9.<\/p>\n\n<p>2023-12-08: Note on the demo account deleted, as this was discontinued on 27.11.2023.<\/p>\n\n<p>2023-10-05: <a href=\"https:\/\/schweizerfinanzblog.ch\/en\/our-swissquote-experience\/?preview_id=3822&amp;preview_nonce=bb36af2a3c&amp;preview=true&amp;_thumbnail_id=4689#Wertpapierleihe_als_zusaetzliche_Einnahmequelle\">New chapter<\/a> on securities lending added.  <\/p>\n\n<p>2023-06-15: Comprehensive product range specified and quantified.  <\/p>\n\n<p>2023-01-04: Text block &#8220;Short &amp; sweet&#8221; added.<\/p>\n\n<p>2022-12-12: Text supplemented by new investment plan for regular, automated investing.<\/p>\n\n<p>2022-12-10: Fees updated: Abolition of fees for domestic payment transactions adopted as of 1.1.2023 (previously CHF 2 fee for outgoing payments).<\/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 Swissquote experience 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, should we have made any errors, forgotten important aspects and\/or no longer have up-to-date information, we would be grateful if you could let us know.  <\/p>\n\n<p><strong>Transparency note:<\/strong> We, Stefan and Toni, have extensive Swissquote experience, as we have managed and continue to manage our securities accounts on the Swissquote e-trading platform, including via PostFinance, for many years. In addition, we opened a Swissquote demo account for this review, used it to execute trades and tested Swissquote support through various channels.   <br\/><br\/><br\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Formerly almost without alternative, today with a lot of competition around the ears: In this detailed review, we want to tell you about our experiences with Swissquote. You will find out where we see the strengths and weaknesses of Switzerland&#8217;s largest online broker and for which investors a switch is particularly worthwhile &#8211; and for [&hellip;]<\/p>","protected":false},"author":1,"featured_media":15786,"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-9876","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\/9876","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=9876"}],"version-history":[{"count":36,"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/posts\/9876\/revisions"}],"predecessor-version":[{"id":15801,"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/posts\/9876\/revisions\/15801"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/media\/15786"}],"wp:attachment":[{"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/media?parent=9876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/categories?post=9876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/schweizerfinanzblog.ch\/en\/wp-json\/wp\/v2\/tags?post=9876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}