You have probably heard about the Webull app and want to know if it is available in Switzerland, right?
Webull is a modern, easy-to-use investment app from the US that popularised commission-free trading in financial products such as stocks and ETFs.
Want to know if Webull is available in Switzerland, what its expansion plans are, and which alternatives exist? We have got you covered.
Is Webull available in Switzerland?
Webull is not available in Switzerland. The platform currently operates in the following markets:
- United States;
- Hong Kong;
- Canada;
- Singapore;
- Japan;
- United Kingdom;
- European Union (via the Netherlands);
- Australia;
- Brazil;
- South Africa;
- Thailand;
- Indonesia;
- Malaysia;
- Mexico.
Webull has launched in the European Union through Webull Securities Europe B.V. in the Netherlands, regulated by the Dutch AFM and passported across the EU under MiFID II. Switzerland, however, sits outside the EU and the single market, so that passport does not extend there. Serving Swiss clients would require separate authorisation from FINMA, and Webull has announced no plans to pursue it.
Can you use Webull in Switzerland with a VPN?
No. A VPN will not let you open a Webull account from Switzerland. Registration requires documentation verifying your identity and residency, which a VPN cannot circumvent.
It is also worth being clear about why this is a bad idea beyond the practical obstacle. Misrepresenting your country of residence breaches the broker’s terms of service and can result in your account being frozen with funds inaccessible, potentially at the worst possible moment. It may also leave you outside any investor protection scheme, since coverage depends on being a legitimately onboarded client. The alternatives below accept Swiss residents openly, which is a far better position to invest from.
Even in the EU, residents must prove Dutch residency to open an account:
Webull alternatives in Switzerland
To help you find a Webull Switzerland equivalent, we have only focused on low-cost commission brokers available in Switzerland. Here are our suggestions:
eToro
With over 40 million users across 140+ countries, eToro is the leading social investing platform, letting you copy and follow other investors. It offers commission-free real stock and ETF investing, though it operates in USD only, so Swiss franc deposits are converted on the way in and out.
Disclaimer: eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Interactive Brokers
Founded in 1978, IBKR is among the world’s most established brokers, offering an extensive product range (stocks, ETFs, options, bonds, futures) across 170+ markets, with native CHF account support and among the lowest currency conversion fees available – roughly 0.20 basis points. Swiss clients also get access to the SIX Swiss Exchange alongside international markets.
💡 Interactive Brokers also offers IBKR GlobalTrader, a simpler mobile app for trading stocks, options, and ETFs, well suited to newer investors.
DEGIRO
A European discount broker with a low-cost structure, offering commission-free trading on its Core Selection ETFs (subject to a €1.00 handling fee) and competitive pricing on shares. Note the €2.50 annual connectivity fee per exchange.
Disclaimer: investing involves risk of loss.
Webull alternatives reviewed
eToro at a glance
52% of retail CFD accounts lose money.
Founded in 2007, eToro is an international online broker with over 40 million users across 140+ countries, offering more than 3,000 financial assets including stocks, ETFs, cryptocurrencies, and CFDs on stocks, ETFs, commodities, forex, indices, and cryptocurrencies.
On pricing for Swiss residents: ETFs are commission-free, whole or fractional, while stock trades carry a $1 commission per trade on most exchanges ($2 on the Australian, Hong Kong, Dubai, Abu Dhabi, and Tokyo exchanges). The commission applies both when opening and closing a position, so a round trip costs $2 or $4. Commissions do not apply to CFDs, ETFs, Copy Trading, Smart Portfolios, or the opening leg of recurring investment plans. Other fees apply, and the minimum first deposit is $50.
eToro’s platform, available via web and mobile, is a social trading hub. Investors can discuss ideas and market news with peers, replicate strategies through CopyTrader (mirroring Popular Investors), or invest in ready-made Smart Portfolios built around themes such as AI, renewable energy, and dividend investing.
The demo account is particularly useful for beginners, with $100,000 in virtual money replicating live conditions so the switch to a real account feels seamless.
The main drawback for Swiss investors is that eToro operates in USD as its only base currency. Swiss franc deposits are converted to dollars (FX cost around 50 pips) and again on withdrawal, which adds up if you invest regularly. There is also a $5 withdrawal fee and a $10 monthly inactivity fee after 12 months without login.
eToro is regulated by top-tier authorities including the FCA (UK), ASIC (Australia), and the SEC/FINRA (US). Swiss residents are served by eToro (Europe) Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), with client assets covered by the Cyprus Investor Compensation Fund up to €20,000 plus Lloyd’s of London insurance up to €1 million per eligible client. Note that as a non-Swiss entity, eToro falls outside FINMA supervision and Swiss investor protection arrangements. eToro has been listed on NASDAQ (ticker: ETOR) since its May 2025 IPO.
For more information, read our article on eToro in Switzerland.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 52% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pros
- Low stock trading fees (from $0 per trade)
- Commission-free ETFs (other fees apply)
- Social trading and other innovative products
- Wide variety of financial products
- Slick, modern, and easy for anyone to use
- European users have access to three account currencies: EUR, USD and GBP
- Top tier regulators
Cons
- Limited disclosed financial information
- Withdraw and inactivity fees
- Spread, overnight, inactivity, and currency conversion fees higher than average
- Doesn’t offer bonds, futures, or options
Interactive Brokers at a glance
Founded in 1978 and publicly listed on NASDAQ (ticker: IBKR, an S&P 500 constituent since 2024), Interactive Brokers is a global online broker that has weathered multiple financial crises, demonstrating resilience and a rigorous risk management framework. It serves over 3 million client accounts worldwide.
Interactive Brokers offers an advanced platform covering stocks, options, mutual funds, ETFs, futures, bonds, currencies, and cryptocurrencies across 170+ markets in 36+ countries – including the SIX Swiss Exchange for Swiss equities – with solid execution via IB SmartRouting and a comprehensive set of technical and fundamental tools.
Beginners and intermediate investors have educational resources through IBKR Campus (formerly Traders’ Academy), though the main TWS platform has a steep learning curve, which is why we primarily recommend it to more experienced investors. Customer support typically provides clear, concise answers.
On the downside, the fee structure is comparatively complex, registration is lengthy (though fully online), and IBKR does not offer fully commission-free trading. However, factoring in FX conversion at 0.20 basis points (minimum $2), tight spreads, the Stock Yield Enhancement Program, and interest on uninvested balances, clients achieve significant savings versus most brokers. There is no minimum deposit, and IBKR supports CHF as a native base currency – a meaningful advantage for Swiss investors, who would otherwise pay conversion costs on every deposit and withdrawal.
Interactive Brokers also offers IBKR GlobalTrader, a modern mobile app for trading stocks, options, and ETFs, well suited to beginner investors, with automatic currency conversion, fractional shares from $1, and a $10,000 virtual demo account.
Want to know more? Check our Interactive Brokers review.
Pros
- Low commissions on US stock trading
- No monthly inactivity fee
- The broadest product and markets range in the brokerage industry
- Demo account
- Excellent reputation (founded in 1978)
- Extensive research and Education tools
- Has a modern mobile trading app to trade Stocks, Options and ETFs, ideal for novice investors, IBKR GlobalTrader.
- Offers interest on uninvested cash balances
Cons
- Complicated and lengthy account opening process (but fully online)
- Steeper learning curve for beginners
- Website is difficult to navigate
- Interactive Advisors (Robo-advisor feature) is only available for US customers
DEGIRO at a glance
Investing involves risk of loss.
Founded in 2013, DEGIRO is a low-cost brokerage that has become widely popular across Europe thanks to its competitive pricing. With over 3 million users across 18+ European countries, its “do-it-yourself” platform gives you the tools to invest independently across stocks, ETFs, bonds, options, futures, warrants, investment funds, and certain leveraged products (not identical to CFDs. More info here).
DEGIRO’s Core Selection ETFs can be traded commission-free, subject to a €1.00 handling fee covering external costs, with no minimum investment required. The web platform is basic but efficient and quick to learn, as is the mobile app. On the downside, fundamental research is limited, a €2.50 annual connectivity fee per exchange applies, and price alerts are unavailable.
On security, DEGIRO operates as the Dutch branch of flatexDEGIRO Bank AG, a German credit institution supervised by BaFin and the Deutsche Bundesbank. Should segregated assets not be returned to clients, DEGIRO falls under the German Investor Compensation Scheme, covering 90% of losses up to €20,000 – worth bearing in mind if you plan to invest substantially more. Cash held in a DEGIRO Cash Account with flatexDEGIRO Bank AG is separately guaranteed up to €100,000 under the German Deposit Guarantee Scheme.
Important for Swiss investors: DEGIRO operates under MiFID II passporting within the EU, and Switzerland sits outside that framework. Verify directly with DEGIRO whether Swiss residents are currently accepted before opening an account, as availability may be restricted.
Still have doubts? Read our DEGIRO review.
Pros
- ETF Core Selection: full range of ETFs/ETCs/ETNs on Tradegate (1,000+ products) for only the €/£1 handling fee, with no connectivity fee (external fees apply)
- User-friendly web and mobile app
- Wide range of investment options
- Education material: Investor’s Academy and Investing with DEGIRO
- Low overall commission structure
- No account opening, inactivity, or withdrawal fee
Cons
- 0.25% currency conversion fee (charged if you deposit or invest in a different currency than your base currency)
- €/£1 flat handling fee (charged in most transactions)
- €/£2.50 of connectivity fee (paid annually), per exchange where you’re invested
- Does not offer Forex or CFDs
- No ISA account (for UK residents)
- Low-quality customer support
- No interest paid on cash balances
Other Webull alternatives in Switzerland
Want to explore other alternatives?
Check our BrokerMatch tool, to get matched with your right broker based on your country and preferences, and explore our Broker Comparison, Broker reviews, Bonuses, and best brokers for earning interest.
It is difficult to choose the best Webull alternative for every investor, as the best broker will depend on which country you live in, your investor experience, the financial products you want to trade, and more.
Explore the websites mentioned here, our tools, and decide for yourself!
And if you need any help, feel free to reach out to us.
Which platform should you choose?
Some factors you should be aware of when choosing an online broker are the fees charged if it is regulated by top-tier institutions such as the FCA in the UK and the range of products it allows you to trade (not all platforms allow you to trade cryptocurrencies or stocks listed on the London Stock Exchange, for instance), among other factors.
The best online broker in your specific case will depend on your profile, preferences, and objectives. Explore the websites above and decide for yourself!
A reminder that the above should not be construed as investment advice and should be considered information only. Investors should do their own research and due diligence about the services and opportunities best suited for their risk, returns, and impact strategy.
