The Swiss stock exchange BX Swiss and the Geneva-based online bank FlowBank announced that they will enable private investors to trade Swiss shares with zero commission until further notice.
BX Swiss has welcomed FlowBank as a new trading partner.
FlowBank holds a banking license issued by the Swiss Financial Market Supervisory Authority (FINMA) since summer 2020.
Through this partnership, FlowBank customers can manage securities digitally and trade cost-effectively via BX Swiss via the FlowBank app or the FlowBank Pro trading platform.
“With FlowBank, we are pleased to welcome a new strong, innovative partner on our side.
This cooperation, enables us to cover the needs of active and interested private investors even better.”
says Lucas Bruggeman, CEO of BX Swiss.
“With this decision, we are providing both new and experienced investors a better value on their trades.
It makes us particularly proud to be the first and only Swiss bank to offer zero commissions on Swiss stocks,”
said Charles Henri Sabet Founder and CEO of FlowBank.
Featured image credit: Freepik