Is Robinhood Coming to Switzerland? Alternatives for 2022

Robinhood is a discount broker headquartered in Menlo Park, California. Like the famous medieval legend, this broker undercuts much of the US-focused competition by providing commission-free stock, ETF, option, and cryptocurrency trading. 

Its account minimum is $0, and it’s known for its easy-to-use interface. There is nothing blocking a legal US resident from opening an account save an internet issue. 

But what about residents outside the USA? This article will delve into whether there is a Robinhood Switzerland, what its expansion plans are, and what are the leading alternatives. Let’s get to it.

Is Robinhood available in Switzerland?

Unfortunately, Robinhood is unavailable in Switzerland, and the broker currently has no explicit expansion plans for the country. 

Robinhood is only available to legal US residents. However, it did acquire UK crypto app Ziglu as part of a possible expansion into Europe.

But if you still want to open a Robinhood account, a common question we receive is: would a VPN help? 

Can You Use a VPN to Open a Robinhood Account From Switzerland?

No, a VPN can only offer access to Robinhood’s platform and not in any way facilitate an account opening since the broker requests a valid ID. 

Proving US residency remains an essential requirement. No VPN is able to sidestep this requirement–only shift your IP address. 

Robinhood Alternatives for Swiss Investors

We found four incredible alternatives for Swiss investors: 

  • Interactive Brokers. Founded in 1978, IBKR continues to lead as the globe’s unofficial broker. IBKR offers minimal trading commissions: 10 CHF or 0.10% to start for Swiss-listed (i.e., SIX) stocks and ETFs, and 1 USD to start for US-listed, plus access to thousands of mutual funds and exceptional research. There is no account minimum. 

  • eToro. While also providing commission-free trading for US-listed stocks and ETFs, this broker leads the charge for “social investing,” or the option to automatically copy the trades of other investors. They provide access to the world’s major cryptos for a 1% commission. All for a minimum investment of $50. 

  • This relatively new online broker from the UK specializes in CFDs, or “Contracts for Differences,” and requires a basic minimum investment of $20. CFDs provide exposure to profits or losses without conferring asset ownership. However, over 80% of traders lose money using CFDs with this broker. also offers commission-free stock trading.

  • Nextmarkets. From Germany, Nextmarkets provides access to shares from 52 countries, including US stocks and ETFs, while charging €1 for trades below €250 and nothing for over €250. CFDs are also available. Like Robinhood, the minimum deposit required is €0. 


With only one acquisition under its belt, we cannot expect a Robinhood Switzerland anytime soon. 

However, the discount broker did announce it wishes to provide crypto access to everyone internationally. Therefore, Ziglu definitely appears to be the start of a major European expansion for Robinhood, with crypto preceding traditional asset classes. 

But Switzerland is already well-served with tech-savvy discount broker Nextmarkets or the globe’s unofficial broker IBKR. Trading in Switzerland has never been easier. 

Did we answer all your questions? If not, please let us know in the comments section below!


Is there a Robinhood Switzerland?

Unfortunately, Robinhood is not available in Switzerland, but that may change as more expansion plans are announced. Stay tuned!

Why is Robinhood not in Switzerland? 

Robinhood sold shares in its IPO on July 28, 2021, at $38 per share. This means it's a new discount broker which must first perfect its offering to US residents. However, an acquisition only a year later suggests possible expansion ahead. 

Can I open my account with Swiss francs? 

Only Interactive Brokers supports CHF as a base currency.