We (on this Forum) are all waiting for someone to try them and report back. That’s kind of meant jokingly, but to be honest it would be nice to hear real life experience as they seem a good deal, but just “new” and difficult to judge how serious, safe etc.
Custody fee 0.1% p.a. (approx like Swissquote)
Trading around 0.1%, which is cheap for a Swiss broker.
cool. I did a little bit research. It seems that they need monthly 700 euro in to be qualified for a free account. And then brokage account and the custody fees are both free. Is that the case for you?
Just got replied from IBKR. It is possible to register swiss shares and go to AGM if needed. The cost is 300CHF
Initial Description: Be invited to AGM
Response from IBCS at 09-May-2023
IBKR does not offer the Investor Relations Service for invitations to the Annual General Meeting or issuance of the admission cards.
Please know that we can only issue a Safekeeping Holding Confirmation with which you can contact the Investor Relations Department of the relevant company for registration for the Annual General Meeting.
In order to draft the safekeeping document, we need the following information:
date of the shareholder’s meeting
record date of shareholding for being entitled to attend the meeting
does the company need your entry in the share register or is a Safekeeping Holding Confirmation sufficient?
In case you wish to register your German shares please confirm following beneficial owner details and that the details can be disclosed:
Date of birth
At this time, only German and Swiss shares registration is available.The fees to register Swiss shares are CHF 300 (for register and de-register) are passed to clients.
Once the stocks are registered, they will be blocked on the account and unavailable for trading until the AGM is over.
Please note: Any requests are done on a best efforts basis.
Please be advised that safekeeping holding documents can only be issued after the record date for shareholding.
Please know that such requests are generally handled within 5 business days. We will contact you again should we have additional questions or once this request has been completed.