Swiss neobank investment cost comparison
Costs in CHF. The comparison accounts for account fees, custody fees, brokerage fees, and currency exchange fees, for one year. Stamp duties are not accounted for. The comparison does not account for special promotional offers. Results are rounded to the nearest 1 franc.
The comparison is based on these profiles:
Profile 1: CHF 5000 of assets in custody. 1 transaction of Swiss securities worth CHF 1000, 1 transaction of foreign securities worth CHF 1000 (transacted on a foreign exchange in a foreign currency), 3 transactions of Swiss ETFs worth CHF 1000 per transaction (on a Swiss exchange in CHF).
Profile 2: CHF 10,000 of assets in custody. 5 transactions of Swiss stocks worth CHF 200 per transaction, 5 transactions of foreign stocks worth CHF 200 per transaction (on a foreign stock exchange in a foreign currency), 5 transactions of Swiss ETFs worth CHF 200 per transaction (on a Swiss stock exchange in CHF).
Profile 3: CHF 15,000 of assets in custody. 5 transactions of Swiss stocks worth CHF 500 per transaction, 5 transactions of foreign stocks worth CHF 500 per transaction (on a foreign stock exchange in a foreign currency), 5 transactions of Swiss ETFs worth CHF 500 per transaction (on a Swiss stock exchange in CHF).
Profile 4: CHF 50,000 of assets in custody. 10 transactions of Swiss stocks worth CHF 2000 per transaction, 10 transactions of foreign stocks worth CHF 2000 per transaction (on a foreign stock exchange in a foreign currency), 10 transactions of Swiss ETFs worth CHF 2000 per transaction (on a Swiss stock exchange in CHF).
The comparison is based on these profiles:
Profile 1: CHF 5000 of assets in custody. 1 transaction of Swiss securities worth CHF 1000, 1 transaction of foreign securities worth CHF 1000 (transacted on a foreign exchange in a foreign currency), 3 transactions of Swiss ETFs worth CHF 1000 per transaction (on a Swiss exchange in CHF).
Profile 2: CHF 10,000 of assets in custody. 5 transactions of Swiss stocks worth CHF 200 per transaction, 5 transactions of foreign stocks worth CHF 200 per transaction (on a foreign stock exchange in a foreign currency), 5 transactions of Swiss ETFs worth CHF 200 per transaction (on a Swiss stock exchange in CHF).
Profile 3: CHF 15,000 of assets in custody. 5 transactions of Swiss stocks worth CHF 500 per transaction, 5 transactions of foreign stocks worth CHF 500 per transaction (on a foreign stock exchange in a foreign currency), 5 transactions of Swiss ETFs worth CHF 500 per transaction (on a Swiss stock exchange in CHF).
Profile 4: CHF 50,000 of assets in custody. 10 transactions of Swiss stocks worth CHF 2000 per transaction, 10 transactions of foreign stocks worth CHF 2000 per transaction (on a foreign stock exchange in a foreign currency), 10 transactions of Swiss ETFs worth CHF 2000 per transaction (on a Swiss stock exchange in CHF).
Chart: Dan Urner, moneyland.ch