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I didn't know. The offer on paper looks pretty good. There are even apparently Japanese stocks (be careful, I'm wary because some brokers like cornertrader advertise Japanese stocks and there are actually only big caps...).
However, they advertise the lowest rates on the market. This is perhaps true compared to Swiss intermediaries. But compared to brokers like DEGIRO or especially Interactive Brokers, they are much more expensive, whether for Swiss or foreign stocks. The commission rate on Japanese stocks is even downright prohibitive.
In short, a little competition, especially in Switzerland, is always good. We'll have to see the feedback from users. In the meantime, as far as I'm concerned, I'm sticking with those who have proven themselves (and who are cheaper anyway).
Hello, I agree with you somewhat but I think that FlowBank have lowered their prices and are now very interesting in comparison with SwissQuote. I opened my account less than two months ago and was positively surprised.
The mobile app is very intuitive but could have more features like more advanced charts and products like cryptocurrencies. However a customer support person told me that they will have crypto and debit cards available in Q1 2022.
We'll see how they continue to innovate.
Thanks for the info
Can you tell me if there are Japanese small caps there, like Sumiken Mitsui Road or Ebara Foods?
They have Ebara Foods but Sumiken Mistui Road is not there. I see on the platform that they have 148 stocks on the TSE (Tokyo Stock Exchange) but that's it.
They have demo accounts if ever.
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