Best broker 2020 as Swiss investor
Last update: May 2020
So you're now convinced that investing is your next step towards financial independence in Switzerland?
Then, logically, your next question will be:
"What's the best online broker in 2020 for a Swiss investor?"
To cut a long story short, my recommendation for a Swiss investor broker remains the same since 2019:
- Interactive Brokers, if you plan to invest more than CHF 100'000 on the stock market in the next 1-2 years
- Degiro, if you think you'll have less than CHF 100'000 invested over the next 3-5 years. Indeed, below CHF 100'000 of assets, Interactive Brokers charges a fee of 10USD/month
- Cornèrtrader, if you absolutely want a Swiss online broker. But make sure you buy securities at least once a quarter or you will be charged a CHF 35/quarter inactivity fee
Complete tutorials Interactive Brokers and Degiro
Start to invest in the stock market is a challenge. I went through it in 2013 when I started my FIRE adventure in Switzerland.
That's why I created two complete tutorials (opening an account, buying stocks, etc.) for my favorite online brokers: