Swissquote launches fractional trading and automated "Savings Plan"

Swissquote has unveiled fractional share trading capabilities alongside an automated savings plan, while reducing trading commissions to CHF 3 per share trade.

The platform enhancement allows retail investors to purchase portions of popular stocks, ETFs, cryptocurrencies and themed investment products, rather than being restricted to whole units. Previously, clients could only trade full shares, which limited investment strategies based on share prices rather than available capital.

Jan De Schepper, Chief Sales and Marketing Officer at Swissquote, said: "Our mission at Swissquote has always been to democratise investing and empower our clients with the tools they need to achieve their financial goals. With the introduction of fractional trading and the new 'Saving Plan', we are offering our clients unprecedented flexibility and control over their investments. This solution not only meets the market demand but sets a new standard in the industry."

The new "Saving Plan" feature enables automated recurring investments that can be adjusted according to available funds. A distinctive feature of Swissquote's offering is the conversion of accumulated fractional shares into full shares once they reach one complete unit, providing investors with complete ownership rights.

The development comes as retail investors increasingly seek ways to spread smaller investment amounts across multiple assets to enhance diversification. Several international trading platforms have introduced similar features in recent years, though Swissquote's commission of CHF 3 per share trade positions it competitively in the Swiss market.

The new features and reduced pricing structure are now available to all Swissquote account holders.