I’m looking for good trading and investing platforms to use from Switzerland (I’m Swiss).
Specifically I need:
1. A place where I have a small account for short term trading including options (so something with low fees, preferably real time quotes and easy access)
2. A place for a relatively bigger account for long term investing, not sure what criteria is good here but of course low fees and accessibility are always a plus, not as important as for trading though.
3. And finally: A “Dritte Säule”(3a) account. Here I would also be doing more long term investing but would like to be able to be flexible with regards to how I invest (I’ve heard of such account that limit you quite a bit with respect to investing choices).
I’m doing my own research as well. At the moment I have a Swissquote account for trading and accounts at UBS for saving/spending. I’ve also gotten frankly recommended for the 3a part. Will post new info along the way as well as my final decision.
Thanks in advance for any input!
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Update: Thank you for the responses! Here’s a summary of what I heard and found:
1. From what I read on here in other posts DeGiro for small trading accounts, IKBR for large trading accounts seem to be the way to go. This was reflected in the rankings here to:[https://brokerchooser.com/best-brokers/best-international-online-brokers-for-citizens-in-switzerland](https://brokerchooser.com/best-brokers/best-international-online-brokers-for-citizens-in-switzerland)[https://brokerchooser.com/best-brokers/best-brokers-for-beginners/switzerland](https://brokerchooser.com/best-brokers/best-brokers-for-beginners/switzerland)
2. For investing I will probably use my existing swissquote account. I know it’s on the expensive side but for long term investments the trading fees at least aren’t that relevant to me plus it’s a reputable Swiss company. (My swissquote referral if you are interested: 7h9nr6.)
3. Here the best options for me are Frankly, VIAC or Finpension. Frankly is a good middle of the road option but if you are looking to keep a large part in cash this would be a bad option since the fees apply equally here. This is where VIAC is good. No fees on the cash part of your portfolio. And finally Finpension is new but will allow you to invest up to 99% (Frankly 95%, VIAC 97%) and has the lowest fees but not by much. The downside being it’s the newest and least trusted in the moment from the three.[https://www.mustachianpost.com/2020/12/29/why-do-i-stay-with-viac-for-my-swiss-third-pillar-invested-in-stocks-vs-frankly-or-finpension-quick-answer-1/](https://www.mustachianpost.com/2020/12/29/why-do-i-stay-with-viac-for-my-swiss-third-pillar-invested-in-stocks-vs-frankly-or-finpension-quick-answer-1/)[https://www.digitalmedia.ch/vorsorge/frankly-oder-viac/](https://www.digitalmedia.ch/vorsorge/frankly-oder-viac/)(If you want to use one of the three mentioned options you can use one of the codes here to get a slight bonus: Frankly: refdr3620 (you get a 50.- voucher towards your fees), VIAC: – (need to deposit money first), Finpension: 9SG8PZ (chance to win up to 6883.- when you deposit 1000.- .)
4 comments
Lots of threads about this already in this sub.
I made a thread two months ago, may be useful to you: https://www.reddit.com/r/askswitzerland/comments/p8x0ym/which_broker_do_you_use_and_why/
Do note: it is widely known that Swissquote is extremely expensive for anything else than Swiss stocks. UBS is also an expensive bank, although they have good service in my experience.
IRBK for trading and the stock account, VIAC or Finpension for the 3a. Lowest fees and most financial products available.
for hands-off long term investments I would add Avadis ([https://avadis.ch/](https://avadis.ch/)) to the list.