Cornèrtrader by Cornèr Banca is one of the most affordable Swiss online trading platforms.
Consultation hours: 8AM to 8:30PM CET.
Demo account: free.
Additional services: Independent financial research and market commentaries, corporate accounts, free financial news, TradersCard (prepaid card), cross-device platform compatible with Android and iOS, myCornèr App.
Account fee (inactivity fee): A minimum of 1 trade (buy or sell order) per quarter is required to avoid inactivity fees. An inactivity fee of CHF 35 plus VAT is charged for each quarter in which no trade is made (maximum: CHF 140 plus VAT per year). Inactivity fees are waived for new customers during the first 12 months.
Fees and charges:
Account opening: CHF 0.
Account closure: CHF 25.
Withdrawal abroad: CHF 0.
Order by telephone: CHF 50.
Inactivity fee: CHF 0.
Cash conversion fee: 0.5%.
Interest rate paid on deposits: 0%.
Swiss ETFs and Swiss equities: 0.2%, minimum CHF 20. With total deposits of CHF 75,000 or greater: 0.12%, minimum CHF 18.
European equities (XETRA): 0.25%, minimum EUR 25. With total deposits of CHF 75,000 or greater: 0.12%, minimum EUR 12.
U.S. equities (NYSE etc.): USD 0.04 per share, minimum USD 25 per order. With total deposits of CHF 75,000 or greater: USD 0.02 per share, minimum USD 12 per order.
Swiss ETFs: Brokerage fees are identical to those used for Swiss equities.
Over 5000 fully digital bonds offered. 0.5% fee, minimum USD 80. With total deposits of CHF 75,000 or greater: USD 0.4%, minimum USD 80. Custody fee for safekeeping of bonds: 0.25% per year.
Structured products cannot be bought or sold online.
CFD categories: Index, commodities, stocks, bonds, currencies (forex), ETF.
More than 160 currency pairs, including major, minor and exotic. Mobile trading, technical analysis.
No custody fees (exception: bonds). Be aware of inactivity fees.
Stock exchange fees are included in brokerage fees.