Cash transfers by Cornèrtrader are free of charge. In case of transfers in foreign currencies, such as USD, additional fees from correspondent banks might apply.

In case of withdrawal requests for the total amount of funds (without the intention of an account closure), a minimum of CHF 250 will be blocked so that the account remains open and access to the platform active. According to the instruments traded and/or the subscriptions activated by the client, a higher amount can be requested.

If you wish to transfer securities to your Cornèrtrader account, please contact us via phone or write to us at support@cornertrader.ch to receive the “Simplified Security Transfer Form”, which has to be completed with all the necessary information and returned.

If you want to transfer securities from your Cornèrtrader account, we kindly ask you to consult and fill out the Securities Transfer Form.

Incoming stock transfers are free of charge. However, under certain conditions, fees might apply:

Important note:

In December, due to the holiday season, we cannot guarantee that security transfers and/or other requests will be executed by December 31, particularly if third parties are involved. Therefore, please submit your instructions by December 15, at the latest. Any instructions received after that date, will be accepted with settlement dates in January.

For both incoming and outgoing transfer requests, we recommend reading the Security Transfer Instructions before initiating the process.

However, as a client of ours, you have access to delayed market data on listed securities on which you can trade.

An online subscription tool is available on the trading platform to request the desired live market data. There you will find the list of exchanges available together with the news services, with the applicable monthly fees. You can subscribe and unsubscribe to the services of your choice.

Subscriptions levels

Some of the exchanges might offer Level 1 only or also the Level 2 market data. With the Level 1 subscription, you receive the first level of the order book on the exchange: you can see real-time, bid/ask quotes and their sizes/volumes. With the Level 2 subscription, you can see not only the top of the book, but also the market depth of bid/ask prices and the size available at each price point.

Subscription costs

As soon as you subscribe to your chosen service, your account will be debited for the cost of subscription for a full calendar month, whatever date you subscribe.

Some exchanges (especially US equities and CFDs) require subscribers to renew their information bi-annually. Before the expiry date, you will be notified via the platform regarding the renewal of a subscription.

Professional or Non-Professional

In order to obtain Live Market Data Fees on listed products, independently of whether a cost is applied or not, each user must subscribe to the Exchanges of interest and go through the assessment profile to define the type of categorization (if Professional or non-Professional). The final result will determine the type of fee that will be applied. Subscriptions must be done personally by each user. The finality is not to assess the account type but the person accessing and using the market data.

The Exchanges have strict criteria to classify professional and non-professional investors, and these are not necessarily linked to the actual use of the account. These include, among them, the type of profession, company by which the subscriber is employed or the role on the account. They can lead to a professional classification of the subscriber, despite the fact that the account is not used professionally. Vendors and banks must diligently apply these rules and monitor that the classification of each user is compliant with the provisions of the exchanges.

For this reason, if the self-classification given by a subscriber is not reflecting the definition given by the exchange or personal data are missing (such as name, surname, profession), Cornèrtrader has the right at any point in time to amend the data, cancel the original subscription and/or adjust it to the correct segmentation, without prior notice. In this case, the monthly fee will be charged according to the correct segment.

Generally, non-Professionals are intended to be only private individuals using the data for personal investments. However, for most of the Exchanges worldwide (included Swiss, Europeans and Americans) private individuals, who are working in the financial sector, employed by a financial institution, independently of the job performed, or whose activity can be qualified as financial advisory (this can be typically the case of independent financial advisors) are categorized as professionals.

Corporates are categorized as Professional, regardless of the type and purpose of the subscription.
Before subscribing, please refer to the rules of each Exchange available in the subscription tool on the platforms and read the criteria applied to them. In this process, Cornèrtrader cannot influence in any way the segmentation rules as defined by the exchanges and must apply these very strictly.

The minimum fee of CHF 100 (+ VAT) applies up to 10 lines. A fee of CHF 10 is charged for each additional transaction, up to a maximum fee of CHF 500 (+ VAT).

Lines are considered to be: open positions at the end of the year, positions closed during the year and all transactions relevant for tax purposes.

Swiss tax statements can be requested with automatic annual renewal or for an individual year. We recommend the automatic renewal since, for all requests received after December 31 of each year, we cannot guarantee the delivery of the tax statement by March 15 of the following year. In such cases, we advise you to contact the relevant tax authorities to request an extension of the deadline or to check whether the available online statements can be used for tax-return completion purposes.

To cancel the service, we recommend that you send us your request by September 30 of the current fiscal year. Subsequent cancellation requests will only be accepted for the years following the request. Production costs for the tax statement of the year preceding the cancellation, will still be charged if the production for these has already begun.

An inactivity fee is charged if no purchase or sale of a financial instrument occurs during a period of a quarter in any account funded for more than 12 months before the accounting month. A quarter is a fixed calendar period: January to March, April to June, July to September and October to December.

If you are an active or frequent investor, but you cannot trade in a given quarter or have stopped temporarily, please contact us to see if different conditions can be applied.

No fee is charged if you hold bonds or investment funds in your portfolio.