View Single Post
Old 16.09.2013, 19:49
FlavioYB FlavioYB is offline
Newbie 1st class
Join Date: Aug 2013
Location: Geneva
Posts: 29
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
FlavioYB has no particular reputation at present
Re: Low cost Investment Funds in Switzerland

View Post
Still not understanding why noone is considering interactivebrokers....they have far and away cheaper prices than postfinance and swissquote.
I will move to switzerland soon and I prefer a swiss broker. I am not a trading pro or financial expert, but I do make the taxes myself. I want to avoid the headache of doing taxes in switzerland and having to declare my US trades. I am no tax expert, but I think that if you trade in IB they will keep some taxes automatically. I do not even know if you can recover this buy declaring that you are a swiss resident. Contrary to this, with a swiss broker I buy some ETF I sell it in a couple of years and I do not have to pay any capital gain tax. This is simple and straightforward.

I do agree that US brokers seem a lot less expensive than swissquote.