1Mon·

Swissquote vs. Robinhood vs. Coinbase

Which of these shares $SQN (-0.8%) , $HOOD (-0.91%) , $COIN (-1.73%) do you prefer? How far can $SQN (-0.8%) still go?

10 Comments

ClaraLvt@ClaraLvt

1Mon

I dont understand why would anyone use Swissquote with their crazy fees

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GeldGenie@GeldGenie

1Mon

@ClaraLvt What are your alternatives? With what investment style and size?

It heavily depends on needs/wants & size which broker or service provider is fitting.

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ClaraLvt@ClaraLvt

1Mon

@GeldGenie for investing in the stock market, no matter the size of investment, almost every broker has better fees (IBKR for e.g.), the fees are almost as big as banks. https://resources.swissquote.com/sites/swissquote.com/files/static_pdfs/sq_pricing_en_.pdf

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GeldGenie@GeldGenie

1Mon

@ClaraLvt

Besides you having not answered my question at all:

SQN I can trade vanilla options, get market info, get phone support, got most markets/stock markets, register my shares for general meetings,….

Yes, neo-brokers are cheaper - but a lot more restricted.

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ClaraLvt@ClaraLvt

1Mon

@GeldGenie and you can do all that with ibkr for a fraction of the price that Swissquote offer. And SQN would be considered a neo broker in comparison to ibkr….

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Kevin@Dymdez

2Wk

Because it's a Swiss broker and I am Swiss citizen handling with Swiss Francs. It has nearly all stocks, a very good support and a easy tax documentation. Nice and clear layout on the website with a lot of functions.

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ClaraLvt@ClaraLvt

2Wk

@Dymdez and ibkr does all that for a fraction of the price

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Kevin@Dymdez

2Wk

For me it’s not just about the lowest price. With Swissquote I can work fully in CHF, get Swiss-based support, and have tax documents ready for Swiss rules. The platform is clear, fast and fits my needs as a Swiss resident. That’s worth paying a bit more. I earn also enough to afford it and I also don't like english banks/brokers ;) But if it fits for you, go for it!

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Chris@Multibagger

1Mon

I can't say anything about $SQN, I think the other two are good, but at the moment I only have them in an ETF on blockchain companies. I had already traded $HOOD this year and sold too early after an 80% gain in just a few weeks. At the current level, I wouldn't buy $HOOD or $COIN, but would wait for a setback.

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Olli@Olli68

1Mon

I have all 3. 👍

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