Neon Bank has just launched neon invest: its trading offering which now competes with Yuh and Revolut
One of the key advantages of Neon Invest is that it offers a wide range of trading features, including access to stocks, ETFs, and cryptocurrencies. It also has a very user-friendly interface, which makes it easy to use for beginners.
However, Neon Invest is not the cheapest trading platform on the market. Its trading fees are higher than those of some of its competitors, such as FlowBank.
Overall, Neon Invest is a good choice for traders who are looking for a platform with a wide range of features and a user-friendly interface. However, if you are looking for the cheapest trading platform on the market, you may want to consider a different option.
Here is a table that compares the trading fees of Neon Invest with those of some of its competitors:
Trading | Flowbank | Neon | Yuh | N26 | Revolut |
---|---|---|---|---|---|
Custody fee | β 0.10% | β | β | β N/A | β 0.01% |
Trading of Swiss Stocks | 0.00% | 0.50% | 0.50% | β N/A | 1.50% |
Trading of Swiss ETF | 0.15% | 0.50% | 0.50% | β N/A | β N/A |
Trading of Foreign Stocks | 0.15% | 1.00% | 0.50% | β N/A | 1.50% |
Trading of Foreign ETF | 0.15% | 0.50% | 0.50% | β N/A | β N/A |
Trading of Themes | 0.15% | β N/A | 0.50% | β N/A | β N/A |
Trading of crypto-currencies | 0.30% | β N/A | 1.00% | 1.5% on Bitcoin and 2.5% on others | 2.50% |
As you can see, Neon Invest’s trading fees are higher than those of FlowBank and Yuh. However, they are lower than those of Revolut.
If you are looking for a trading platform with a wide range of features and a user-friendly interface, Neon Invest is a good choice. However, if you are looking for the cheapest trading platform on the market, you may want to consider a different option.