Anyone has a rough idea how much it costs to open an e-trading account with UBS? I have some stocks with them (!) but it’s been years that I don’t do anything with them, so my etrading account is closed.
How much would it costs to open a current account, open the etrading and sell my stocks?
Note: the account on itself it’s of course always open, it’s the platform that I don’t have anymore and I wondered how much it costs.
I’m in the process of opening a new e-trading account with UBS for a relative who wants a “big Swiss bank”.
I only see the 0.35% depot fee p.a. and the usual trading costs, for which there is a discount if you trade via internet banking as opposed to by phone/letter.
The current account “internet” is Fr 3 p.m. (no paper) and “traditional” Fr 5 p.m. (they send you paper statements).
The platform is free AFAIK.
Oh, man, this is giving me PTSD from when I was stupid enough to use UBS for stocks… I ended up paying 108 CHF per stock to transfer them to IB because that was cheaper than selling on UBS!
I know somebody who does have a deal with them. But I don’t know how he got it. Maybe he’s way richer than I thought!
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