Internaxx becomes
Swissquote Bank Europe

Internaxx joins the Swissquote family

In 2020, Internaxx will become Swissquote Bank Europe and introduce a new web platform and mobile apps.

Under the Swissquote brand, Internaxx will continue to provide outstanding service to clients in Europe as well as expats and global citizens around the world. Regulated as a bank in Luxembourg, in the heart of the EU, clients will continue to enjoy the same financial consumer protections and guarantees, as well as the added reassurance that a large publicly traded banking group can provide.

As the leading online bank/broker in Switzerland, Swissquote will enable product range expansions and platform enhancements to better serve the differentiated needs of investors and traders.

Internaxx and Swissquote already share the same values, so operating under a single Swissquote brand will help Internaxx serve more people in more places. As Internaxx becomes Swissquote Bank Europe, you will notice changes in visual identity, including the logo, colours and website address.

If you want to know more, please take a look at our Questions & Answers, or contact us as usual.

Questions & Answers

About the acquisition

Why has Swissquote bought Internaxx?

Swissquote, Switzerland’s leading provider of online financial and trading services has acquired Internaxx to gain access to European markets and to further consolidate its standing as the first choice for international investors and expats.

Who is Swissquote?

Swissquote is Switzerland’s leading provider of online financial and trading services. Listed on the SIX Swiss Exchange (symbol: SQN) since May 29, 2000, the Swissquote Group has its headquarters in Gland, near Geneva, and offices in Zürich, Bern, Dubai, Malta, Hong Kong, Singapore and London. The Group currently employs 722 staff. Click here to find out more about Swissquote.

About our services

Are there any changes to the services you offer?

We will continue to provide a range of active investing and financial services for global citizens, including our multicurrency deposit account, international stock and ETFs trading on 19 international exchanges, a wide array of investment funds, the ability to trade across web and mobile applications, and access to our multi-lingual customer support team in Luxembourg.

Are there any changes to the platforms you offer?

We have developed new web and mobile platforms to better serve you and broaden the range of products we can offer in the future.

Will you be offering new products?

In 2020 we will offer access to some new markets and currencies. Swissquote has the resources, scale and platforms to accelerate our ambition to provide you with the broadest range of market-leading products and services. We will listen to your needs and continue to develop and offer products and services that help you create a safe home for your wealth.

Will my account still be held by a Luxembourg based bank?

Yes, all Internaxx accounts remain subject to Luxembourg’s strict banking and privacy laws. We are regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg under the oversight of the European Central Bank.

The Luxembourg financial centre numbers over 130 Banks and is the 2nd largest Mutual Fund centre in the world after the US. Renowned for its stable and well-regulated economy, Luxembourg is one of only 3 AAA credit rated countries in the Eurozone and has strong investor protection laws. We remain a member of the Luxembourg Deposit Guarantee Fund (FGDL). The FGDL protects all investors by guaranteeing deposits up to the amount of EUR 100'000 per person.

About our rebrand

Why are you changing your name/rebranding?

Internaxx is fully owned by Swissquote Group Holdings Ltd, the leading online bank in Switzerland with 360'000 clients worldwide, 3 million products and CHF 32.2 billion in client assets. Rebranding to Swissquote will better represent our business, create greater clarity about the group’s global offering, and help us serve more people in more places.

When will we see these changes?

These changes will happen at the same time as we introduce our new pricing and platforms in 2020.