My Swissquote review after more than 3 years
Swissquote Review
My largest portfolio is with Swissquote. Safety, fees, pros and cons, and my code for CHF 100.
Updated and fees checked on 13 November 2026 · Reading time approx. 10 minutes · by Helga Baechler, certified wealth advisor IAF
This Swissquote review is based on my own account. My largest portfolio has been with Swissquote for more than three years, and here is everything I wish I had known before.
In this Swissquote review I show you honestly what is good, what is annoying and what Swissquote really costs you in 2026. With all current fees, real cost examples and my code for CHF 100 in starting credit.
Is Swissquote worth it in 2026?
Yes, if safety and choice matter to you. Swissquote is a Swiss bank supervised by FINMA, more than 700’000 clients and access to approx. 60 stock exchanges. Shares cost from CHF 3 per trade, and the custody fee is CHF 20 per quarter. For very small amounts, Yuh is cheaper.
Swissquote
CHF 100in free trading credits
- Copy the code and enter it when you open your account
- Your first trades are practically free
- Swiss bank with a FINMA licence
Only for residents of Switzerland, after depositing CHF 1’000 within 30 days. All details on the promo code. *Advertising, affiliate link, no extra cost for you.
*Advertising, affiliate links and codes. If you open an account via my link or with my code, I may receive a small commission. This costs you nothing extra.
| 📋 Swissquote at a glance | |
|---|---|
| 🏦 Provider | Swissquote Bank Ltd, Gland VD, founded in 1996 |
| 🛡️ Regulation | Swiss bank with a FINMA licence, listed on SIX |
| 💰 Deposit protection | Cash up to CHF 100’000, securities remain your property |
| 🌍 Choice | more than 4 million products on more than 60 exchanges |
| 💱 Currencies | accounts in more than 27 currencies |
| 🧾 Fees | from CHF 3 per trade, custody fee CHF 20 to 50 per quarter |
| 📝 Share register | registration free of charge |
| 🎁 Bonus | CHF 100 trading credits with code MKT_LIEBEFINANZEN |
Swissquote review: my experience after more than 3 years
My large dividend portfolio is held at Swissquote. It is the source of my passive income.
I chose Swissquote because my money stays in Switzerland. Sending a larger amount to a foreign broker was never an option for me.
- Every withdrawal worked. In more than three years there was not a single problem.
- Customer service really helps. When I once locked myself out, I got help quickly.
- Free share register entry. This gets me invitations to general meetings and shareholder perks.
- Ready-made tax statement. The tax statement saves me hours every year.
Swissquote review of safety: is my money safe?
Yes. For me this is the most important point of my Swissquote review.
| Protection | What it means for you |
|---|---|
| Swiss bank | Based in Gland VD, banking licence, supervised by FINMA |
| Deposit protection | Cash protected up to CHF 100’000 per person |
| Segregated assets | Shares and ETFs belong to you, even if the bank goes bankrupt |
| Publicly listed | Swissquote itself is listed on SIX and publishes its figures |
| Login | Two-factor login plus security card |
Swissquote fees 2026
For this Swissquote review I took all the important fees directly from the official Swissquote price list. More details in my article on Swissquote fees (in German).
Fees per buy or sell order
| Order size | Switzerland, USA, UK | Germany | ETF Leaders |
|---|---|---|---|
| up to CHF 500 | CHF 3 | CHF 5 | CHF 3 |
| up to CHF 1’000 | CHF 5 | CHF 5 | CHF 5 |
| up to CHF 2’000 | CHF 10 | CHF 10 | CHF 9 |
| up to CHF 10’000 | CHF 29 | CHF 29 | CHF 9 |
| up to CHF 15’000 | CHF 49 | CHF 49 | CHF 9 |
| up to CHF 25’000 | CHF 79 | CHF 79 | CHF 9 |
| up to CHF 50’000 | CHF 129 | CHF 129 | CHF 9 |
| over CHF 50’000 | CHF 190 | CHF 190 | CHF 9 |
Plus CHF 0.85 real-time fee per order and the Swiss federal stamp duty (0.075% Switzerland, 0.15% abroad), which applies at every Swiss bank. ETF Leaders are more than 1’100 selected ETFs with a special price.
💡 My money-saving tip
Buy ETFs from the ETF Leaders list. From CHF 1’000 you always pay just CHF 9 there, no matter how large the order is. With CHF 20’000 you save CHF 70 per purchase.
Custody fee per quarter
| Portfolio value | Per quarter | Per year |
|---|---|---|
| up to CHF 50’000 | CHF 20 | CHF 80 |
| up to CHF 100’000 | CHF 25 | CHF 100 |
| up to CHF 150’000 | CHF 37.50 | CHF 150 |
| over CHF 150’000 | CHF 50 | CHF 200 (cap) |
Plus 8.1% VAT. Cash does not count, crypto does. From CHF 1 million, an extra 0.0075% per quarter applies.
Other costs
| Item | Cost |
|---|---|
| Currency exchange | approx. 0.95% for major currencies |
| Digital tax statement | CHF 85 per year |
| Printed tax statement | CHF 100 per year |
| Share register entry | ✓ free |
| Deposit by bank transfer | ✓ free |
| Accounts in CHF, EUR and USD | ✓ free |
What does Swissquote cost me per year?
Three typical examples, so you can see what really adds up.
| You invest | Fees per year | My verdict |
|---|---|---|
| CHF 200 per month in an ETF Leader | approx. CHF 137 | ✕ too expensive, use Yuh |
| CHF 1’500 every 2 months in an ETF Leader | approx. CHF 159 | ✓ okay |
| CHF 100’000 portfolio, 4 purchases of CHF 5’000 | approx. CHF 178 | ✓ fair for a Swiss bank |
Example 1 with 12 purchases at CHF 3.85 plus stamp duty plus custody fee of CHF 86.50 incl. VAT. Example 2 with 6 purchases at CHF 9.85 plus stamp duty plus custody fee. Example 3 with 4 purchases at CHF 9.85 as ETF Leader plus stamp duty plus custody fee of CHF 108 incl. VAT. Without currency exchange and tax statement, rounded.
«Swissquote is not worth it for CHF 50 a month. But for your large portfolio, it is one of the safest places in Switzerland.»
Swissquote review, pros and cons
What I love
- Swiss bank with a FINMA licence
- Huge choice, approx. 60 exchanges
- Free share register entry
- Ready-made tax statement
- Savings plan with fractional shares from CHF 3
- Good app and strong desktop version
What bothers me
- Custody fee from CHF 80 per year
- CHF 0.85 real-time fee on every order
- Above CHF 2’000 the fee jumps to CHF 29
- Tax statement costs CHF 85
- Portfolio analytics are rather basic
For better statistics I also use getquin.
My favourite feature, the share register
Only those listed in the share register count as shareholders for the company. At Swissquote, registration is free and done in two minutes. In return you get invitations to the general meeting, voting rights and often gifts.
Read more in my guide to the share register and about the Swatch shareholder watch (both in German).
🎁 My tip: Open your account via my Swissquote link* and enter the code MKT_LIEBEFINANZEN. With the CHF 100 trading credits, your first registered share is almost free.
Savings plan and fractional shares
With the savings plan you buy automatically every week, month or quarter. Many shares and approx. 100 ETFs are also available as fractions, so you can start with just a few francs. Each purchase costs the normal fee.
Crypto, card and more
- Crypto such as Bitcoin and Ethereum via its own exchange SQX, including staking. Swissquote keeps 20% of staking rewards. For Bitcoin only, Relai is an alternative.
- Debit card with TWINT and eBill. Virtual card free, physical card CHF 6.90 per month.
- Learning with a magazine, webinars, a podcast and daily market news, all free.
Swissquote vs. Yuh vs. neon
| Swissquote | Yuh | neon | |
|---|---|---|---|
| Best for | large portfolios, single shares | small amounts, beginners | free ETF savings plans |
| Custody fee | ✕ from CHF 80/year | ✓ none | ✓ none |
| Choice | ✓ huge | medium | small |
| Share register | ✓ free | limited | limited |
| My bonus code | MKT_LIEBEFINANZEN | YUHLIEBE | liebefinanzen |
My experience shows that using both works best. I use Swissquote for my large dividend portfolio and Yuh for small savings plans. For complete beginners, I recommend the Yuh app.
Who is Swissquote for? My review verdict
👍 Ideal for you if
- you want to build a larger portfolio over the long term
- a Swiss bank matters to you
- you like Swiss single shares and dividends
- you want shareholder gifts and invitations to general meetings
- you value a ready-made tax statement
👎 Less suitable if
- you only save CHF 50 to 200 per month
- you trade small amounts very often
- you are looking for the lowest exchange fees
The best alternative to Swissquote: Yuh
Do you save smaller amounts or are you just getting started? Then Yuh is the best alternative. Yuh has been fully owned by Swissquote since July 2025, has no custody fee and is very easy to use. For complete beginners, I recommend the Yuh app.
Yuh
CHF 50+ 250 Swissqoin for free
- No custody fee
- Invest even small amounts
- Account, card and investing in one app
Condition is a deposit of CHF 500. *Advertising, affiliate link.
Many people use both, just like me. Swissquote for the large portfolio, Yuh for small savings plans.
Open a Swissquote account in 4 steps
Copy the codeMKT_LIEBEFINANZEN for CHF 100 trading credits.
Sign up onlineFill in the form and enter the code.
Video identificationWith your ID card or passport, takes approx. 10 minutes.
Deposit CHF 1’000Within 30 days, then you receive the bonus.
Afterwards you can buy your first share or your first ETF (both guides in German).
How to redeem the Swissquote promo code
With the code MKT_LIEBEFINANZEN you get CHF 100 in trading credits. They pay for the fees of your first trades. Here is how to make sure it works.
⚠️ These mistakes cost you the bonus
- Forgetting the code: Enter it in the sign-up form, not after the account has been opened.
- Depositing too little: Pay at least CHF 1’000 into your account within 30 days.
- Living abroad: The offer is only valid for residents of Switzerland.
- Typos: Best copy the code with the button in the box above.
Go directly to the sign-up here at Swissquote*.
Swissquote review: frequently asked questions
Is Swissquote safe?
Yes. Swissquote is a Swiss bank with a FINMA licence. Cash is protected up to CHF 100’000, and shares and ETFs remain your property in case of bankruptcy.
How high is the Swissquote custody fee?
CHF 20 per quarter up to a portfolio value of CHF 50’000, a maximum of CHF 50 per quarter from CHF 150’000. VAT is added.
How much does it cost to buy shares at Swissquote?
On SIX and in the USA CHF 3 up to CHF 500, CHF 5 up to CHF 1’000 and CHF 10 up to CHF 2’000, plus a CHF 0.85 real-time fee. ETF Leaders always cost CHF 9 from CHF 1’000.
How do I get the Swissquote bonus?
Enter the code MKT_LIEBEFINANZEN when opening your account and deposit CHF 1’000 within 30 days. You then receive CHF 100 in trading credits. The offer is only valid for residents of Switzerland.
Can expats open a Swissquote account?
Yes, as long as you live in Switzerland. The bonus with my code is valid for all residents of Switzerland.
From what amount is Swissquote worth it?
Because of the custody fee, Swissquote is mainly worth it for larger amounts and fewer, larger purchases. For small savings plans, Yuh is often cheaper.
Does Swissquote offer a savings plan?
Yes. You can buy automatically every week, month or quarter, and many shares and approx. 100 ETFs also as fractions.
Is the share register entry at Swissquote free?
Yes, completely free. This gives you invitations to general meetings, voting rights and shareholder gifts.
Swissquote or Yuh, which is better?
Swissquote for large portfolios and single shares, Yuh for small amounts without a custody fee. Many people use both, like me.
Is there a Swissquote promo code in 2026?
Yes. With the code MKT_LIEBEFINANZEN you get CHF 100 in trading credits. You enter it when opening your account and deposit CHF 1’000 within 30 days.
My Swissquote review conclusion
Not the cheapest broker, but the safest place for my large portfolio.
Swiss bank, huge choice, free share register entry and everything in one app. For small savings plans I also use Yuh. For me, this combination is perfect.
Swissquote
CHF 100in free trading credits
- CHF 100 trading credits for your first trades
- Enter the code when opening your account
- Swiss bank with deposit protection
Only for residents of Switzerland, after depositing CHF 1’000 within 30 days. *Advertising, affiliate link.
Helga Baechler
Certified wealth advisor IAF · Founder of liebefinanzen.ch
I have been investing with my own dividend portfolio at Swissquote for more than three years. All information is based on my own use and the official price list. More about me
*Advertising, affiliate links. No extra cost for you. This article is for general information only and is not investment advice.
