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Hi all, A question regarding brokers: my main broker is IBKR. I am very satisfied with them and will definitely keep the majority of my investments there. However, for some time now, I have been thinking about diversifying more and moving away from a single-broker setup. I recently opened an account at Neon as I was not satisfied with my traditional Swiss Bank anymore. After opening my account and doing some research I noticed Neon has some ETFs (Swiss 50, SP500, Nasdaq100, Allworldetf) which you can buy for free instead of the regular 0.5% fee. I am for example intrested in the new ETF of Xtrackers FTSE All-World (0.07% TER). I am wondering if anyone here has experience with Neon’s 0% investment plans. Does the automatic investment work smoothly? How reliable is the execution of the recurring purchases/monhtly investing? Also, how easy is it to change or stop an investment plan? And for those who have been using Neon for a while, have you experienced any issues with the platform or the ETF savings plans? Thanks in advance for your experiences!
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[comment u/qotp12] One advantadge of using Neon that i havent seen mentioned yet is the much easier process of filing your tax return. They provide an eTax statement that makes the process much easier than filing taxes with IBKR.