Saxo bank (Switzerland) is one of the most price-competitive Swiss online trading providers.
Minimum account size for a Classic Account: CHF 2,000.
Minimum account size for a Platinum Account: CHF 50,000 and 30 trades per month.
VIP Account: upon Invitation only.
Account maintenance fee: There is no account maintenance fee on Saxo Bank (Schweiz) AG accounts if the account shows at least one trading activity within the 3 previous months. Otherwise, CHF 89 are charged per quarter.
Transfer out: CHF 20.
Transfer out of equities: CHF 50.
Swiss equities (SWX, VX): 0.1% of transaction amount, at least CHF 18 per transaction.
«Active Pricing Plan» for day traders: Up to trade size of CHF 30,000: CHF 11, above 0.05%.
May vary depending on stock exchange. XETRA: 0.1%, minimum of 12 Euro per transaction.
«Active Pricing Plan» for day traders: Up to trade size of EUR 30,000: EUR 9, above 0.05%.
May vary depending on stock exchange. Main fees: USD 0.02 per equity. Minimum fee of USD 15 per trade.
«Active Pricing Plan» for day traders: Up to 1000 shares: USD 6, above 0.7 cents per share.
Same fee structure as equities.
Online and offline trading of bonds possible.
Structured products and warrants cannot be traded.
CFDs for the following categories: Index, commodities, stocks, bonds, forex, ETF.
Forex: 160 currency pairs. One-click trading, mobile trading, technical analysis.
Spreads as low as 0.1 pips plus a commission of your choice.
Stocks/ETFs/bonds: Saxo Bank charges a custody fee of 0.12%, minimum CHF 5 + VAT per month.
Exchange fees are included in brokerage fees.