Best broker for expats in Switzerland (2026)
Five brokers compared for expats in Switzerland: trading fees, custody fees, currency conversion and safety - from their own price pages.
Five brokers serve expats in Switzerland well, for very different needs. Here is what each one actually charges in October 2026, taken from their own price pages.
Overview
| Broker | US stocks/ETFs | Swiss stocks/ETFs | Custody fee | Currency conversion |
|---|---|---|---|---|
| Interactive Brokers | From USD 0.0035/share (min 0.35) | See site | Free | 0.002% (min USD 2) |
| Swissquote | CHF 3-190 by trade size | CHF 3-190 by trade size | CHF 20/quarter (to 50k) | 0.95% (majors) |
| Saxo | 0.08% (min USD 1) | 0.08% (min CHF 3) | Free | 0.25% |
| neon | 1% (international shares) | 0.5% | Free | None (trades in CHF) |
| Yuh | 0.5% (to CHF 10k) | 0.5% (to CHF 10k) | Free | See site |
Interactive Brokers
The low-cost global broker. No account minimum, no inactivity or custody fees; US stocks and ETFs from USD 0.0035 per share (minimum USD 0.35 per order). CHF can be your base currency, and converting to USD costs 0.002% (minimum USD 2). Accounts are carried by Interactive Brokers LLC with SIPC protection up to USD 500,000 (ibkr.com).
Swissquote
The established Swiss online bank. Stock trades cost CHF 3 to 190 depending on trade size (Swiss, US and UK markets), plus a quarterly custody fee of CHF 20 for portfolios up to CHF 50,000. Currency conversions cost a standard 0.95% markup on major pairs. Everything from a Swiss bank under one roof, at clearly higher trading prices than the low-cost rivals (swissquote.com).
Saxo
Saxo Bank's Swiss entity: Swiss stocks and ETFs at 0.08% (minimum CHF 3), US stocks at 0.08% (minimum USD 1), no custody, platform or inactivity fees and no minimum funding. Currency conversion costs 0.25%. Practical for Swiss residents: the e-tax statement has been free since tax year 2025 (home.saxo).
neon
The Swiss banking app with built-in investing: Swiss shares and all ETFs at 0.5% per trade, international shares at 1%, no custody fees and no currency conversion, because everything trades in CHF. Minimum fee CHF 1 outside the investment plan, Swiss stamp duty applies. Simple and app-only (neon-free.ch).
Yuh
The app from Swissquote and PostFinance: securities at 0.5% up to CHF 10,000 (0.35% to CHF 20,000, 0.25% above, minimum CHF 1), custody free, and recurring ETF savings plans with no trading fee on eligible ETFs. Start from CHF 10, no leveraged products, deposits protected up to CHF 100,000 under Swiss banking law (yuh.com).
Which one for you?
- Our pick for low-cost global investing: Interactive Brokers - USD 0 minimum, no custody or inactivity fees, US stocks from USD 0.0035 per share, CHF base currency and SIPC protection up to USD 500,000.
- Small amounts or an ETF savings plan: Yuh or neon.
- A Swiss full-service bank: Swissquote.
- Low fees plus a free Swiss e-tax statement: Saxo.