Can I just point out the irony of (some of) you complaining about the cost of a Swiss broker, while simultaneously complaining about their cost cutting methods (like omnibus accounts)? Do you want them to differentiate as an extra save broker (if that even is a thing), or do you want them to close the pricing gap to IBKR?
I retain the opposite position here: Trading with a foreign entity, outside the reach of my legal system, is a bad idea. If something goes wrong (very low but non-zero risk for an established proper broker), it might be a nightmare to get your money back.
Also: Comparing Swissquote vs Yuh vs Postfinance regarding broker safety is non-sense, they are all the same Swissquote in the background. Their somewhat different T&Cs mean very little, because they don’t necessarily reflect what is actually going on, rather what they retain as worst possible option that might only affect some specific products they offer (and some customers wanted fancy features like fractional shares, how do you think that could work without omnibus accounts?). The only thing the past years and 2024 especially have shown, is that you can’t trust app-only fintech’s or any party that is only a middle man. Keep your money directly at the licensed broker, that way you get the regulatory insurance cover, and it seems unfathomable that the broker itself doesn’t remember which part of the omnibus money is yours (unfathomable applies until it suddenly doesn’t of course ).
PS: Not sure what @assemblyrequired and @jay are on about a couple posts back, but Swissquote still does charge the 0.85 CHF per trade fee for real-time date.