Virtual wallet and brokerage fees

[der43e]

Hello everyone,

Here I am, a beginner in the world of the stock market (even more than a beginner in fact because I haven't done anything concrete yet).

Before I start, I want to try it with a virtual wallet. I read a few posts on your forum which seem to be frequented by experts, and that's why I'm calling on your knowledge.

So after doing some research I decided to do this on Swissquote, even if the day I actually get started I think I'll go to PostFinance in view of your various comparisons that I've read on your forum, but from what I've seen they don't have a virtual portfolio at PostFinance, is that right?

and my second question is, do they already count the real brokerage and "line management" fees in the Swissquote virtual portfolio?

I don't think so, but I would like to be sure.

furthermore if they don't do it automatically what are their management and share sale/purchase fees?

I looked at this address http://www.swissquote.ch/sqw-static/trading/fees/fees_private_clients.jsp

and as I understand the account management would be free? that seems strange to me no? or maybe I misunderstood..

and a beginner's question but do the sales and purchase fees cost the same price? for example if I understood correctly a purchase of a share of less than 500.- listed on SIX Swiss Exchange would cost me 9.- to buy and another 9 to sell?

other beginner questions but when he says 9.- for less than 500.- is it the price of a share or a complete transaction (several shares bought once for a total amount of 500.-?

Here I am, I don't know the environment well, I hope I was clear in my questions and used more or less the right terms 😉

Thanks in advance to those who will read me and take the time to answer me!!

[Jerome]

Hello and welcome to you

for the virtual wallet, personally I use the one from ft.com: http://portfolio.ft.com
I think it's great and it has everything you want.
for swissquote, no management fees, but beware of custody fees… unlike postfinance
the purchase and sale costs are the same
the rate is per complete transaction

good start to you!

[Author]

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