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-   -   RobinHood works in Swiss ? (https://www.englishforum.ch/finance-banking-taxation/296810-robinhood-works-swiss.html)

Sabrina 19.02.2020 05:51

RobinHood works in Swiss ?
 
Hello All,
I am moving from US and wondering how to trade in US market from there. Here I use Robinhood(RH) rigorously which is commission free trading platform. I am wondering if RH works in Switzerland or is there any similar platform where I can do commission free trading in US market.

Chuff 19.02.2020 07:25

Re: RobinHood works in Swiss ?
 
Quote:

Originally Posted by Sabrina (Post 3149483)
Hello All,
I am moving from US and wondering how to trade in US market from there. Here I use Robinhood(RH) rigorously which is commission free trading platform. I am wondering if RH works in Switzerland or is there any similar platform where I can do commission free trading in US market.

Do forum searches for "trading", "stocks" etc.

US Alien 19.02.2020 07:40

Re: RobinHood works in Swiss ?
 
I know that TD Ameritrade works over here. The website for Robinhood appears to work as well, although it looks like it's an App.

For a tip, I do use a local US address with my broker and I report on my 1099 in CH and the US.

Hope that helps.

wachtwoord 19.02.2020 14:14

Re: RobinHood works in Swiss ?
 
Be advised that Robinhood is not a real broker and you don't own any of the stocks you hold in your account with them. You simply own a liability of Robinhood to you tied to the price of the stock.

Interactive Brokers, TD Ameritrade and Schwab are examples of real US based brokers.

amogles 19.02.2020 16:45

Re: RobinHood works in Swiss ?
 
The problem with trading on Swiss is that they're OK with you being online while they're on the ground, but during take off and landing, and also in the air you need to be in flight mode. hence you can't trade. If you need to trade while on the move it's better to go by train.

mikedragos 19.02.2020 21:40

Re: RobinHood works in Swiss ?
 
Quote:

Originally Posted by Sabrina (Post 3149483)
RobinHood works in Swiss ?

Don't think so, probably works in English.

Phil_MCR 19.02.2020 21:46

Re: RobinHood works in Swiss ?
 
Quote:

Originally Posted by Sabrina (Post 3149483)
Hello All,
I am moving from US and wondering how to trade in US market from there. Here I use Robinhood(RH) rigorously which is commission free trading platform. I am wondering if RH works in Switzerland or is there any similar platform where I can do commission free trading in US market.

schwab does commission free trading.

Axa 02.03.2020 18:52

Re: RobinHood works in Swiss ?
 
It seems it doesn't work anywhere haha https://www.cnbc.com/2020/03/02/robi...me-monday.html

nickatbasel 03.03.2020 07:46

Re: RobinHood works in Swiss ?
 
I wondered what that bloke in green tights was doing on my last flight.

wantone 03.03.2020 10:00

Re: RobinHood works in Swiss ?
 
Quote:

Originally Posted by Sabrina (Post 3149483)
Hello All,
I am moving from US and wondering how to trade in US market from there. Here I use Robinhood(RH) rigorously which is commission free trading platform. I am wondering if RH works in Switzerland or is there any similar platform where I can do commission free trading in US market.


Interactive Brokers, very low commissions, almost free.

Chuff 03.03.2020 10:16

Re: RobinHood works in Swiss ?
 
Quote:

Originally Posted by wantone (Post 3153421)
Interactive Brokers, very low commissions, almost free.

Basically $10 per month account fees below $100k of assets in your account. Otherwise, no account fees if you have more than that.

wantone 03.03.2020 10:24

Re: RobinHood works in Swiss ?
 
Quote:

Originally Posted by Chuff (Post 3153423)
Basically $10 per month account fees below $100k of assets in your account. Otherwise, no account fees if you have more than that.

$10 fee is cancelled by monthly commissions of same amount.

Axa 03.03.2020 19:17

Re: RobinHood works in Swiss ?
 
And for a 2nd consecutive day, the free stock trading app is........dead :D https://twitter.com/AskRobinhood/sta...59068763844613

Phil_MCR 04.03.2020 10:38

Re: RobinHood works in Swiss ?
 
Quote:

Originally Posted by Axa (Post 3153677)
And for a 2nd consecutive day, the free stock trading app is........dead :D https://twitter.com/AskRobinhood/sta...59068763844613

just goes to show the danger of using a new and unproven broker.


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