# Swiss brokers \[2026\]
**URL:** https://forum.mustachianpost.com/t/swiss-brokers-2026/9717
**Category:** Investing / Brokers
**Created:** [January 30, 2023, 9:01am UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717 "2023-01-30T09:01:41Z")
**Posts on this page:** 20
**Page:** 5
### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [October 23, 2024, 8:11pm UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/87 "2024-10-23T20:11:07Z")
It is crazy. Flat means flat… It should be called
_9 CHF Flat & for lower value refer to stocks grid._
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### Author:  [@assemblyrequired](https://forum.mustachianpost.com/u/assemblyrequired)
#### Post date: [October 28, 2024, 6:47pm UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/88 "2024-10-28T18:47:12Z")
According to a report from Finanzdepot, the 0.85 real-time fee has been eliminated.
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### Author:  [@jay](https://forum.mustachianpost.com/u/jay)
#### Post date: [October 28, 2024, 7:16pm UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/89 "2024-10-28T19:16:21Z")
I can confirm that
> [@assemblyrequired](#):
>
> the 0.85 real-time fee has been eliminated.
I can confirm that Swissquote no longer charges the CHF 0.85 real-time price fee since February or March 2024.
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [January 29, 2025, 8:45am UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/90 "2025-01-29T08:45:07Z")
102 posts were split to a new topic: [Safe custody of securities](https://forum.mustachianpost.com/t/safe-custody-of-securities/15361)
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [January 29, 2025, 8:47am UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/98 "2025-01-29T08:47:30Z")
A post was merged into an existing topic: [Underlying stock markets mechanics (advanced level)](https://forum.mustachianpost.com/t/underlying-stock-markets-mechanics-advanced-level/6623/48)
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### Author:  [@assemblyrequired](https://forum.mustachianpost.com/u/assemblyrequired)
#### Post date: [December 30, 2024, 4:08pm UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/111 "2024-12-30T16:08:53Z")
> [@Safe custody of securities \[2025\]](https://forum.mustachianpost.com/t/safe-custody-of-securities-2025/15361/15):
>
> 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.
As I mentioned in my post you’re referencing, this supposed change was reported by Finanzdepot:
> [@assemblyrequired](#):
>
> According to a report from Finanzdepot, the 0.85 real-time fee has been eliminated.
The report has been corrected in the meantime, the fee is still being applied.
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### Author:  [@kawansky](https://forum.mustachianpost.com/u/kawansky)
#### Post date: [February 24, 2025, 9:57pm UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/181 "2025-02-24T21:57:25Z")
To avoid creating a new dedicated discussion and since this concerns a Swiss broker, Swissquote has introduced (at least in its app) the Debit Card Elite plan at 39 CHF per month, available for accounts with at least 100K CHF invested.
While the cost seems too high for regular use, it’s interesting to note that this premium tier includes free currency conversion. Too bad this benefit isn’t available for the more affordable plans…
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### Author:  [@nabalzbhf](https://forum.mustachianpost.com/u/nabalzbhf)
#### Post date: [February 24, 2025, 10:02pm UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/182 "2025-02-24T22:02:20Z")
Do they define what the free currency conversion means? (what is the spread? 🙂 )
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### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [February 24, 2025, 11:24pm UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/183 "2025-02-24T23:24:52Z")
Looking at Alpian where they charge 0.25% for currency conversion between CHF, GBP. USD and Euro. I think it’s quite decent price as there is no limit on how much is exchanged
39 CHF per month at SQ would mean 15600 CHF to be converted every month to be break even.
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### Author:  [@kawansky](https://forum.mustachianpost.com/u/kawansky)
#### Post date: [February 25, 2025, 5:43am UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/184 "2025-02-25T05:43:38Z")
At Swissquote, the break-even point is even lower, as the conversion rate is 0.95%. The threshold is reached from CHF 4,100 in monthly conversions.
Another interesting point I just noticed is their 0.5% cashback offer on margin trading as well as on gold. I assume this involves a placement with a partner, such as a gold ETF, since I can hardly imagine receiving a micro gold bar at home every month - or even at the end of the year.
> [@nabalzbhf](#):
>
> Do they define what the free currency conversion means? (what is the spread? 🙂 )
The spread is not specified, but since this is a Mastercard debit card, I assume the conversion rate would be the one provided by Mastercard.
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### Author:  [@kawansky](https://forum.mustachianpost.com/u/kawansky)
#### Post date: [February 27, 2025, 5:50am UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/186 "2025-02-27T05:50:39Z")
They distinguish between transaction fees and conversion fees. There are no fees for transactions. As for conversion fees, they are free up to a monthly limit of 5´000 francs, after which fees apply. Please refer to the offer conditions for more details :
> **[Swissquote Elite Debit Mastercard: Your advantages | Swissquote](https://www.swissquote.com/en-ch/private/bank/products/elite-card)**
>
> Discover the Swissquote Elite Debit Mastercard: multi-currency, gold cashback, travel insurance and 24/7 concierge service. Get your card now!
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### Author:  [@clon](https://forum.mustachianpost.com/u/clon)
#### Post date: [February 28, 2025, 7:54am UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/187 "2025-02-28T07:54:43Z")
Hi There
I’m about to move some of my assets from IBKR to Postfinance, mainly VT.
While going through some threads here (e.g. [W-8BEN on your own & 30% withhold](https://forum.mustachianpost.com/t/w-8ben-on-your-own-30-withhold/2924), [Filling in the DA-1](https://forum.mustachianpost.com/t/filling-in-the-da-1/2484), …) there are still questions I have in reclaiming withheld dividends:
→ Can anyone with VT at Postfinance confirm, that one can reclaim 100% of the withheld dividends?
Are there 2x 15% withheld from dividends, that one can reclaim with DA-1 and R-US?
If not, how is the situation with withheld dividends of VT at PF?
Thx
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### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [February 28, 2025, 7:57am UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/188 "2025-02-28T07:57:24Z")
If following is true
- you have been able to recoup 100% of tax (withheld at IBKR) using DA 1 until now while your assets were at IB
- you have filled W8BEN properly at PF
The following will also be true
- you will be able to recoup 100% of tax withheld at PF using DA1 & RUS
In other words -: DA1 portion is equivalent for both brokers and RUS portion at PF will be credited completely at time of filing tax returns .
Read below for some details
> [@How to get credit/refund for withholding taxes on Dividends (for Swiss Residents)](https://forum.mustachianpost.com/t/how-to-get-credit-refund-for-withholding-taxes-on-dividends-for-swiss-residents/14421):
>
> \*\*\*If you are not Swiss resident for tax purposes, this post is not relevant for you. Dividends are different than interests . Let’s take example to make things clear for dividends. Let’s assume you own three ETFs (CHSPI, VT, and VWRL) VWRL is domiciled in IE CHSPI is domiciled in Switzerland VT is domiciled in USA Dividend withholding tax works as following (assuming you have filled W-8 BEN with your broker) Case 1 -: Swiss broker (like Swissquote) VWRL will have 0 withholding tax CHSPI …
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### Author:  [@nabalzbhf](https://forum.mustachianpost.com/u/nabalzbhf)
#### Post date: [February 28, 2025, 8:02am UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/189 "2025-02-28T08:02:35Z")
I can confirm it works.
Also I think w8ben might be implicit (check after one dividend cycle, it should clearly show the separate 15%)
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### Author:  [@Mirager](https://forum.mustachianpost.com/u/Mirager)
#### Post date: [February 28, 2025, 8:16am UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/190 "2025-02-28T08:16:39Z")
> [@Abs\_max](#):
>
> you have filled W8BEN properly at PF
How does one file the W-8BEN in PF?
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### Author:  [@nabalzbhf](https://forum.mustachianpost.com/u/nabalzbhf)
#### Post date: [February 28, 2025, 8:31am UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/191 "2025-02-28T08:31:50Z")
Ignore it, I suspect you’ll get the right rate if they have you as swiss tax resident and non US person.
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### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [February 28, 2025, 8:49am UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/192 "2025-02-28T08:49:13Z")
I am not sure if there is specifically a form or just that fact that you declare yourself as Swiss tax resident & a non-US person is enough.
My knowledge is more theoretical as I don’t hold any US ETFs in my Swiss brokerage account. I use only UCITS ETFs there.
Key point to verify though is if PF is considered a qualified intermediary. I know Swissquote is.
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### Author:  [@Mirager](https://forum.mustachianpost.com/u/Mirager)
#### Post date: [February 28, 2025, 8:51am UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/193 "2025-02-28T08:51:00Z")
Yes to both @nabalzbhf@Abs_max, I wondered myself if it’s even needed given I declared I’m not a US taxpayer or have any affiliation with the US, and I’m only liable for taxation in CH when I opened the account. I also don’t hold US ETFs, but may do in the future so I’d be interested to know. I reckon a message to support would solve the question, they’re usually pretty fast with responding.
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### Author:  [@nabalzbhf](https://forum.mustachianpost.com/u/nabalzbhf)
#### Post date: [February 28, 2025, 9:01am UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/194 "2025-02-28T09:01:01Z")
My withholding is correct, I kinda did a W8-BEN (scanning it, there’s no process for it), but they were really confused and probably threw it away 🙂
So if I were you I’d just check on the first dividend distribution and be done with it, I really think you don’t need to do anything special.
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### Author:  [@Mirager](https://forum.mustachianpost.com/u/Mirager)
#### Post date: [February 28, 2025, 9:28am UTC](https://forum.mustachianpost.com/t/swiss-brokers-2026/9717/195 "2025-02-28T09:28:50Z")
TY, I was sort of thinking the same, to fill in a W-8BEN form and upload it to PF. I will check withholding numbers if I get US dividend-paying assets (may not happen in the foreseeable future!).
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