SAXO: The Swiss broker I trust with my own money.
Open your SAXO account through this page and SAXO will reimburse up to CHF 200.- in trading fees during your first 90 days.
Open your SAXO account*
Disclosure: This page contains an affiliate link, marked with an asterisk (*). If you open an account via this link, Finance Phoenix may receive a commission, at no extra cost to you. We only recommend tools and services we use and trust ourselves.
Why SAXO made it onto my recommendation list
After 16+ years in Swiss banking and finance, I do not hand out recommendations lightly. SAXO is the broker I personally use and the one I send my clients to when they want a serious, Swiss-regulated home for their long-term portfolio.
Swiss bank, Swiss rules
Saxo Bank holds a full Swiss banking licence and is regulated by FINMA. Deposits are protected up to CHF 100'000.-. The same standard you get at any major Swiss bank.
Built for long-term wealth
120+ ETFs available through AutoInvest at zero trading fees. No custody fees. No inactivity fees. Interest paid on uninvested cash. The structure rewards patient investors.
A real product universe
Swiss and global stocks, ETFs, bonds, funds, options, futures and crypto ETPs. One account, one tax statement, one platform. No need to juggle three brokers.
Tax season made simple
Free e-tax statement. At Swissquote that costs CHF 100.-. At UBS, up to CHF 250.-. Small detail. Real franc savings every year.
Want more information before signing up?
Up to CHF 200.- in trading fees reimbursed during your first 90 days.
Open your account
Open the account through the link on this page. The process is free, fully digital and takes around 10 minutes.
Fund within 30 days
No minimum funding amount required. Even CHF 100.- unlocks the offer. Commission credits arrive 1 to 3 business days later.
Trade and get refunded
Trading commissions on Stocks, ETFs, Options, Crypto ETPs and more are reimbursed in cash within 24 hours, up to CHF 200.-, for 90 days.
Offer valid for first accounts opened by 31 December 2026 by natural persons of legal age residing in Switzerland. Excludes deferred settlement commissions, fees and taxes. Cannot be combined with other Saxo offers. Full terms apply on Saxo's page.
Honest fit check
SAXO is excellent for most Swiss investors. It is not the right pick for every single profile:
SAXO is a strong fit if you
- Want a Swiss-based, FINMA-regulated bank, not a foreign neobroker
- Plan to invest regularly into ETFs through a savings plan
- Care about a clean, free Swiss tax statement
- Want one platform that handles stocks, bonds, options and crypto ETPs
SAXO is probably not for you if you
- Want to appear in the Swiss share register of individual companies
- Are looking specifically to avoid Swiss stamp duty (DEGIRO would suit you better)
- Want to actively day trade with leverage as your main strategy
Quick answers before you commit
Is SAXO safe for Swiss investors?
Yes. Saxo Bank is incorporated in Switzerland, regulated by FINMA, and your deposits are protected up to CHF 100'000.- under esisuisse. Same standard as any major Swiss bank.
How much do I need to deposit to open an account?
Nothing. There is no minimum funding requirement to open the account. To activate the CHF 200.- welcome offer, you simply need to fund the account within 30 days of opening, with any amount.
How quickly will I receive the trading fee refunds?
Eligible trading fees are reimbursed in cash on your account within 24 hours of execution, up to CHF 200.- in total, for 90 days following the funding of your account.
Can I really invest in ETFs at zero trading fees?
Yes, through SAXO's AutoInvest feature, on a curated list of 120+ ETFs. You still pay the underlying ETF cost (TER), but no trading commission on the SAXO side.
Will SAXO handle my Swiss tax statement?
Yes, the e-tax statement is free at SAXO. At most Swiss brokers, this is a paid service costing CHF 85.- to 300.- depending on the bank.
Is this an affiliate link?
Yes. If you open an account through the link on this page, Finance Phoenix may receive a referral commission from SAXO at no extra cost to you. The CHF 200.- trading fee offer is provided by SAXO directly to you and is in addition to any commission we may receive.
