Introduction
eToro extends its services to residents of over 100 countries worldwide, and notably, this list includes Switzerland. For prospective investors residing in Switzerland who are contemplating using eToro's brokerage services, this guide serves as an essential repository of information.
Crafted with care, this guide presents a wealth of data meticulously designed for Swiss residents considering exploring the realm of investment opportunities through eToro. Get set to glean insights before you initiate your registration and commence your trading journey with this platform.
| 🇨🇭 Accepts Swiss Traders | Yes |
| 💰 Minimum Deposit | $50 |
| 🛍️ Market Types | Stocks, Commodities, Currencies, Indices, Crypto, ETFs |
| 🏛️ Regulation | Cyprus Securities Exchange Commission (CySEC) |
As a resident of Switzerland, are you intrigued by the prospect of trading with eToro? Embark on your trading expedition today by signing up through this link!
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Is eToro Regulated in Switzerland?
eToro extends its services to traders from Switzerland under the regulatory oversight of eToro (Europe) Ltd., a finance entity duly governed by the Cyprus Securities Exchange Commission (CySEC) under license number 109/10. This accreditation enables eToro to broaden its scope of operations to encompass Switzerland, among other European nations.
Regardless of your Swiss domicile - be it Zurich, Bern, Lucerne, Uri, Schwyz, Obwalden, Nidwalden, Glarus, Zug, Fribourg, Solothurn, Basel-Stadt, Basel-Landschaft, Schaffhausen, Appenzell Ausserrhoden, Appenzell Innerrhoden, St. Gallen, Graubünden, Aargau, Thurgau, Ticino, Vaud, Valais, Neuchâtel, Geneva, or Jura - the opportunity to trade with eToro is open to all legal-aged Swiss citizens. Embark on your trading journey by establishing an account with this broker today.
Does eToro Have an Office in Switzerland?
While eToro might not have a tangible presence in Switzerland via a physical branch, this does not hinder the company's capability to extend its services to residents of Switzerland. The core operational hub for eToro (Europe) Ltd. is strategically situated in Cyprus, with its address being:
eToro (Europe) Ltd.
4 Profiti Ilia Str., Kanika Business Centre
7th floor, Germasogeia, 4046
Limassol, Cyprus
 Ltd, address on Google Maps.jpg)
Are you a resident of Switzerland and keen on embarking on your eToro trading adventure? You have the opportunity to begin immediately.
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
eToro Switzerland Phone Number
As of now, eToro does not offer a specific local telephone line for its Swiss client base. Nevertheless, their customer support team can be accessed via a range of communication methods:
- Support ticket: Once you're signed into your account, you can launch a support ticket using your registered email address.
Opening a new ticket with eToro - Live chat: This feature is operational 24 hours a day, five days a week, and is accessible only on weekdays.
eToro live chat - Email: Bypassing the need for a contact form, you can directly dispatch your queries or concerns to [email protected] using your personal email.
You can reach these first two channels either through the dedicated Customer Service Center page or directly via the following link: etoro.com/customer-service.
Deposit Options for Swiss Traders
Swiss traders have the convenience of funding their eToro account utilizing a variety of deposit options:
- Credit/debit cards
- SOFORT
- Regular bank transfer
Additionally, please note that the following payment methods will remain available for your subsequent deposits:
- PayPal
- Skrill
- NETELLER
It's essential to note that this brokerage platform operates all transactions exclusively in USD. As a result, if you deposit funds in other currencies, such as CHF or EUR, they will be automatically exchanged into USD. This conversion process will involve a nominal conversion fee.
Minimum Deposit for CH Residents
To kickstart your trading journey with eToro, an initial deposit is necessitated, and presently it stands at $50 (approximately €46). The same minimum deposit amount is applicable for subsequent deposits as well. However, if you're opting for traditional bank transfers, a minimum deposit of $500 is required.
Fees for Switzerland Clients
The fee structure eToro imposes on Swiss traders mirrors that applied to traders of other nationalities. For instance, maintaining a CFD position open over the weekend incurs an overnight fee at a rate that remains uniform for all traders, irrespective of their domicile.
Withdrawal Fees for Switzerland Traders
The minimum withdrawal threshold from your account stands at $30. Each withdrawal action is accompanied by a fixed charge of $5. This fee remains constant regardless of the withdrawal amount. Hence, whether you opt to withdraw $30, $100, or $500, the standard fee of $5 per transaction will apply.
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Trading Swiss Stocks on eToro
eToro presents a broad portfolio of leading Swiss corporations spanning diverse industries such as financial services, telecommunications, mining, consumer goods, and real estate. The platform includes approximately 50 stocks listed on the SIX Swiss Exchange (formerly SWX Swiss Exchange), showcasing companies such as:
- Dufry AG (DUFN.ZU)
- Temenos Ltd (TEMN.ZU)
- Stadler Rail AG (SRAIL.ZU)
- Bucher Industries AG (BUCN.ZU)
- The Swatch Group SA (UHR.ZU)
- Swiss Prime Site AG (SPSN.ZU)
- Schindler Holding AG (SCHP.ZU)
- Flughafen Zurich AG - Stocks (FHZN.ZU)
- OC Oerlikon Corporation AG (OERL.ZU)
- Adecco Group AG (ADEN.ZU)
- Barry Callebaut AG (BARN.ZU)
- Landis+Gyr Group AG (LAND.ZU)
- Daetwyler Holding AG (DAE.ZU)
- Compagnie Financiere Richemont SA (CFR.ZU)
- Straumann Holding Ltd - Stocks (STMN.ZU)
- Kuehne & Nagel International AG (KNIN.ZU)
- Roche Holding Ltd (ROG.ZU)
- Logitech International SA (LOGN.ZU)
- VAT Group Ltd (VACN.ZU)
- Sonova Holding AG (SOON.ZU)
- Alcon Inc. (ALC.ZU)
- Lonza Group Ltd (LONN.ZU)
- Galenica AG (GALE.ZU)
It's important to be aware that trading in physical stocks is available exclusively without leverage. Stock positions with leverage are treated as Contracts for Difference (CFDs).
Swiss Stocks - Did You Know?
All stocks listed on the SIX Swiss Exchange or Zurich Stock Exchange Market are denoted with a .ZU suffix at the end of their ticker symbols. This distinctive identifier assists users in recognizing them as Swiss stocks while navigating the eToro platform.
Registration for CH Residents
The registration process for Swiss residents is parallel to that for traders from other regions. Initially, you'll be asked to input your preferred username, email, and password.
You'll be required to agree to the financial terms, disclosure statement, and services guide of eToro Europe Ltd. As this entity is regulated by CySEC and certified to cater to traders in your area, it's crucial to verify that the correct company is indicated on the sign-up page.
Top eToro Swiss Traders
Currently, a few of the standout Swiss traders engaged in eToro's Popular Investor program include the following individuals. These traders uphold a risk score in the 1-5 range, with the most experienced member actively trading since 2015.
| Trader | Username | Popular Investor Level |
|---|---|---|
| Greenbull Investments Sarl | @greenbullinvest | Elite Pro ★ |
| Olena Levchun | @olenal | Champion ★ |
| Marco Hildbrand | @swissway | Champion ★ |
| Andrea Marcon | @andreamarcon16 | Champion ★ |
A comparative performance graph encompassing the period from 2019 to 2022 for these traders is rendered below. Nonetheless, bear in mind that some of these traders launched their trading expeditions only a year or two back, consequently, their performance charts for 2019 and 2020 might not exhibit any data.
Embark on your eToro journey today and garner inspiration from these eminent Swiss traders active on the platform.
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
eToro Switzerland Stats
The latest data available, as documented in eToro's Q4 2022 Investor Update (March 2023), highlights a total of 2.8 million funded accounts. Importantly, a significant 71% of these accounts hailed from the UK and Europe, a geographical classification that encompasses Switzerland, as per the records on December 31, 2022.
Frequently Asked Questions (FAQ)
Can users from Switzerland trade on eToro?
Yes, both citizens and residents of Switzerland can utilize eToro for their trading needs. eToro stands as a universal online trading platform that extends its services to a multitude of countries, with Switzerland being one of them.
What are the fees on eToro for Switzerland traders?
In line with its global policy, eToro generally imposes consistent fees for its services across all countries. This includes trading fees, withdrawal fees, currency conversion fees, and inactivity fees. For instance, eToro levies a standard withdrawal fee of $5, irrespective of the trader's country of residence.
How do I open an eToro account in Switzerland?
To sign-up for an account, follow these steps:
- Visit the homepage of eToro, accessible at www.etoro.com, and locate the conspicuous "Join Now" tab, awaiting your click.
- As you progress, you'll be requested to formulate a unique username along with a secure password specifically for your eToro account, supplemented by your active email address.
- Subsequent to submitting your email, eToro will dispatch a verification link to that address. Ascertain your email is authenticated by clicking this link, validating your identity and activating your account.
- Next, you'll need to fill out a comprehensive eToro application form. This step involves sharing further personal details including, but not limited to, your physical address and date of birth.
- The final step of the process invites you to submit a digital copy of a valid government-issued ID, this step is imperative to authenticate and activate your account.
Keep in mind: eToro holds the right to request additional documents or details, as necessary, to validate your identity or adhere to regulatory stipulations. Therefore, ensure that you thoroughly comprehend and are comfortable with the terms and conditions stipulated by eToro before commencing the process of account creation.
What documents do I need to verify my eToro account if I am from Switzerland?
If you're from Switzerland and you need to verify your eToro account, you will need to provide certain documents. Here are the documents that they usually require for verification purposes:
- Government-issued ID: You will need to provide a valid government-issued ID, such as your driver's license, national ID, or passport.
- Proof of address: You will need to provide a document that shows your name and address, such as a utility bill, bank statement, or tax document.
- Payment method: If you deposit funds using a credit/debit card or e-wallet, you may need to provide a copy of the front and back of the card or a screenshot of the e-wallet account.
- Selfie: eToro may ask you to provide a selfie holding your government-issued ID or a piece of paper with a specific code or message.
The verification process may take a few days to complete, and eToro may request additional documentation or information if necessary. It's important to make sure that the documents you provide are clear, readable, and match the information on your eToro account.
What can I trade on eToro if I am from Switzerland?
As an eToro user in Switzerland, you'll have access to a broad range of trading instruments. These include foreign exchange (forex), commodities, equities, market indices, cryptocurrencies, and exchange-traded funds (ETFs). The platform offers more than 3000 different assets for you to invest in and trade.
Does eToro offer demo accounts in Switzerland?
Yes, upon successful registration of a live account, Swiss traders are also eligible for a complimentary demo account.
How can I find successful Swiss traders to copy on eToro?
Should you be keen on mirroring the strategies of triumphant eToro traders based in Switzerland, it would require navigating to the CopyTrader feature on the platform. Once there, adjust the search filter to display only individuals residing in Switzerland. To further refine your search, you may wish to stipulate parameters such as trading style, performance, risk score, and other factors to identify traders who align with your investment inclinations.
What trading platforms does eToro offer in Switzerland?
Every platform offered by eToro is available to traders residing in Switzerland. This encompasses the web-based platform, accessible via any standard web browser, as well as the mobile application, compatible with mobile devices running on either Android or iOS operating systems.
So, are you a Swiss resident poised to elevate your trading journey? Initiate your adventure with eToro by signing up right now!
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.