International Investment Platforms
Swissquote Bank Europe (formerly Internaxx)
An independent review of Swissquote Bank Europe (formerly Internaxx) by our team of experts
Book a Discovery CallSummary
Swissquote Bank Europe, formerly Internaxx, is the Luxembourg-based subsidiary of Swissquote Group, Switzerland's leading provider of online financial and trading services. It holds full bank status and is regulated by the CSSF under the oversight of the European Central Bank, operating from Luxembourg, a AAA-rated financial centre known for strong investor protection.
With around two decades of experience serving international investors and expatriates across more than 150 countries, it offers self-directed investing and managed accounts in 22 currencies, with access to international stocks, ETFs and funds.
Client deposits are protected up to EUR 100,000 under the Luxembourg Deposit Guarantee Fund (FGDL), and securities are held in segregated nominee accounts with investment-grade custodians.
Pros
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Wide range of investments
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Low cost (0.10% commission)
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Excellent DIY platform
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Strong deposit and asset protection (Luxembourg, FGDL)
Cons
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Complex choice of instruments
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No advice (execution only)
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Dealing commissions
Our verdict
Swissquote Bank Europe is an excellent, low-cost platform. Backed by Swissquote Group and operating with full bank status from Luxembourg, one of Europe's most strongly regulated financial centres, it combines competitive pricing, broad market access and solid asset protection, including deposit cover under the Luxembourg guarantee scheme and segregated custody of securities.
As with any platform of this kind, the value depends on the investor. It is built for those comfortable making and owning their own decisions, who can resist the natural temptation to overtrade, and who do not need sophisticated wealth structuring around their portfolio. It gives you the tools and the execution; it does not give you a plan, or the discipline to stay the course.
That distinction is where outcomes are won or lost. A capable, low-cost platform is a sound foundation, but coordination across investments, structures, pensions, protection and succession, and advice that answers only to you, is what turns it into a result.
If you would like your holdings with Swissquote Bank Europe reviewed, and your portfolio is around GBP 500,000 or more, a no-obligation Second Opinion will show whether your current approach still serves your plan, and what it is really costing you.