Swissquote to Acquire Keytrade Bank Luxembourg

Keytrade Bank Luxembourg will join Swissquote Bank Europe to form the leading online trading and investing bank in Luxembourg.

Many of you already know Swissquote Bank Europe (formerly Internaxx Bank), as a pioneer of online stock trading in Luxembourg. And as a future client of Swissquote, you will gain access to new services and platforms, lower fees, and the support of a group that serves over 450'000 clients worldwide. Swissquote is listed on the SIX Swiss Exchange (symbol: SQN), and has offices around the globe.

The acquisition is subject to regulatory approval by the Commission de Surveillance du Secteur Financier (CSSF) and the European Central Bank (ECB), which is expected to take place in the first quarter of 2022. So for now, nothing is changing. You should continue calling Keytrade Bank Luxembourg for account service. And you will continue to use your Keytrade account as usual so you can invest and manage your portfolio as you do today.

In March 2022, your Keytrade Bank Luxembourg account will become a Swissquote Bank Europe account. Your investment representatives at Keytrade will join the Swissquote team. You will gain access to new platforms and a broader range of investment products, including new markets such as Tokyo, Hong Kong, Singapore and Sydney, cryptocurrencies, plus derivatives including CFDs and our new options trading service.

You will receive further updates on how we will seamlessly transition your account to Swissquote in the coming months. Rest assured your account will still be based in Luxembourg. And you will also benefit from our lower pricing, with no custody or account fees, trades from just €14.95 on European and international markets, and other unique advantages.