A GREAT FUTURE, TOGETHER
Keytrade Bank Luxembourg has joined Swissquote Bank Europe to form the leading online
trading and investing bank in Luxembourg.
Will my pricing change?
Yes, you will benefit from our lower pricing, with no custody or account fees, trades from just €14.95 on European, US and Canadian markets, lower Margin Trading / Lombard rates and unique advantages and discounts for qualifying accounts.
Our rate card is available here.
ACCOUNT FEES
| Keytrade Bank Luxembourg | Swissquote Bank Europe | |
|---|---|---|
| Custody fees | Free | Free |
| Custody fees on clean funds | 0.09%, min 20 € per quarter | Free |
| Account maintenance fees | Free | Free |
STOCKS & ETFs (TRACKERS)
All markets - Swissquote Bank Europe charges a trade commission of 0.1%, minimum €14.95.
| Keytrade Bank Luxembourg | Swissquote Bank Europe | Savings | |
|---|---|---|---|
| Real-time quotes | €2.50 - €20 per month | Free | |
| US & Canada | |||
| $2'500 on US markets | €26.50 | €14.95 | -44% |
| $20'000 on US markets | €26.50 | €17.65 | -25% |
| $10'000 on Canadian markets | €26.50 | €14.95 | -44% |
| Europe | |||
| €2'500 on Xetra | €24.95 | €14.95 | -40% |
| €2'500 on Euronext Paris | €14.95 | €14.95 | = |
| €10'000 on Euronext Paris | €24.95 | €14.95 | -40% |
| £5'000 on London Stock Exchange | €35.05 | €14.95 | -57% |
Forex rates calculated on 16.12.21
TRADE BUNDLES
If you trade actively, you can benefit from special conditions by purchasing a Trade Bundle. Choose between a bundle of 50 or 100 trades, and reduce your effective trading cost down to as little as 0.06%.
If you trade in larger sizes (from 250k to 1m $/€/Fr) and qualify for VIP status, our Large Trade Bundles are designed for you. Choose a 4 or 20-trade bundle and benefit from an effective trading cost as low as 0.02%. Once the VIP trade bundle is active on your account, our standard rate of commission will continue to be charged on each trade, but you will be refunded at the end of each month to account for the lower cost of trading with a bundle.
Illustrations:
| Average cost per trade | Keytrade Bank Luxembourg | Swissquote Bank Europe | Savings |
|---|---|---|---|
| with Trade Bundle 100 | |||
| $5'000 on US markets | €26.50 | €14.95 | -43% |
| €10’000 on Xetra | €24.95 | €14.95 | -40% |
| €25’000 on Euronext | €24.95 | €14.95 | -40% |
| €75’000 on Euronext | €49.90 | €44.95 | -10% |
| with Large Trade Bundle 20 | |||
| $500'000 on US markets | €265 | €200 | -25% |
| €1’000’000 on Euronext | €499 | €200 | -60% |
Find out more about our VIP Program.
MUTUAL FUNDS
With Swissquote, you get access to 2’000+ funds in their lower-cost clean share class. These Clean Funds – available from many of your favourite investment firms – hold the same assets and follow the same investment policy as their 'non-clean' counterparts but their management fee is much lower, giving you the opportunity to invest more cost-effectively and make the most of your returns.
| Keytrade Bank Luxembourg | Swissquote Bank Europe | Savings | ||
|---|---|---|---|---|
| 10’000 € in Robeco Global Consumer Trends | Non-clean class | Clean class | Clean class | |
| Total costs over 1 year | €180.95 | €185.95 | €146 | -21% |
| Total costs over 5 years | €864.95 | €889.95 | €530 | -40% |
* assuming 1 subscription, held over 1 and 5 years, flat valuation over the period. Total costs include transaction cost, custody fees, fund ongoing charges (based on the expenses for the last calendar year ended 31-12-2020)
CRYPTOCURRENCIES
| Keytrade Bank Luxembourg | Swissquote Bank Europe | Savings | |
|---|---|---|---|
| Cryptocurrencies | |||
| €1’000 of Bitcoin | N/A | €10 |
MARGIN TRADING / LOMBARD
| Example | Keytrade Bank Luxembourg | Swissquote Bank Europe | Savings | ||
|---|---|---|---|---|---|
| Loan commission p.a. | Margin Interests* | Loan commission p.a. | Margin Interests | ||
| A €100’000 loan ( € 50’000 used) | €800 | €900 | Free | 0** | -100% |
| A €100’000 loan ( € 100’000 used) | €800 | €1'800 | Free | €1'075 | -59% |
| A $100’000 loan ($ 50’000 used) | $800 | $1'115 | Free | 0** | -100% |
| A $100’000 loan ($100’000 used) | $800 | $2'030 | Free | $1'120 | -60% |
| Other currencies | N/A | See our margin interest rates | |||
* based on the monthly average rate (Oct ’21) of the 6-month US Dollar LIBOR, for comparison purposes, with Swissquote monthly average rate (Oct ’21) of the 1-month US Dollar LIBOR.
** 0% rate on up to 50'000 EUR/USD/GBP of loan applies until 30 June 2022.