Im new to Switzerland and Mustachian and Investing! Somehow I found this forum to be more friendly than other places on the internet.
I would like to start investing therefore all I did in the past few weeks was reading everything there is to read on the internet about “Swiss homegrown investors”. Unfortunately what I also found is that every thread starts with a question and finishes with … go IB in the US.
I understand that US brokers are the cheapest BUT I would like to fully understand “local” options. Could you share your experience (positives and negatives) on the most common platforms: PostFinance e-trading vs SwissQuote vs DeGiro vs CornerTrader?
With focus on:
- Few trades per year as investment in e.g. ETF
- 20k chf available every year
- 10, 15, 20 years of investment possible
Slowly building comparison/summary and so far I got:
|Custody per year||90CHF||60CHF||n/a||n/a|
|Brokerage Fee <5000chf||25CHF||30CHF||n/a||25CHF|
|Brokerage Fee <5000chf (Swiss market)||n/a||9.85CHF||n/a||n/a|
|Swiss Stamp on Swiss||0.075%||n/a||0%||n/a|
|Swiss Stamp on foreign||0.015%||n/a||n/a||n/a|
- Open a PostFinance e-trading custody account before 31 May 2018 and receive 500 francs of trading credit for free.
- The fee amount of CHF 90.00 can be used to pay for transaction fees.
- 0 to 19 transactions per year: discount of 10% per transaction.
Happy to be here!