Swissquote Launches New Investment and Saving Solution

<p>Swissquote has introduced an investment and saving solution for assets, including bonds, real estate, and Swiss-domiciled investments. The new solution is integrated into the forex and CFDs broker's online banking accounts and will be launched on July 4, according to the company's statement issued today (Tuesday).</p><p>Dubbed Invest Easy, the new solution allows users to earn interest on savings and to invest their funds automatically. The interest rates are paid for cash deposits and vary across currencies. The rates for the Swiss franc, US dollar, euro, and pound sterling are 1%, 1.75%, 1.5%, and 2%, respectively.</p><p>Professionally
Predefined Strategies</p><p>According to the
company, Invest Easy features four professionally predefined
strategies: savings, prudent, balanced, and ambitious. The prudent strategy focuses on long-term investments, while the
balanced strategy has an aspect of risk. In contrast, the
ambitious strategy targets high-risk investments, including crypto, stocks, and
commodities, Swissquote explained.</p><p>Jan De Schepper, the
Chief Sales and Marketing Officer at Swissquote, said: "Invest Easy offers
noteworthy savings interests and return-packed opportunities combined with competitive
investment fees and fee-free savings. Our four professionally predefined
strategies make investing and saving easy, convenient, and intuitive."</p><p>Swissquote announced in
April that it was planning to <a href="https://www.financemagnates.com/forex/after-strong-snb-hikes-swissquote-brings-back-interest-on-trading-accounts/" target="_blank" rel="follow">reintroduce
interest rates</a> on
trading accounts effective May 1. According to a report by <a href="https://www.financemagnates.com/" target="_blank" rel="follow">Finance Magnates</a>,
the broker said it would offer interest rates of up to 0.5 percent in passive
income on USD, EUR, and CHF deposits. </p><p>Swissquote’s Interest
Rates on Trading Accounts</p><p>"The interest on trading accounts allows users to generate passive income without having to commit in terms of time, notice periods or withdrawals limit, as in the case with savings accounts," commented Marc Bürki, the CEO of Swissquote.</p><p>Interest rates offered on trading accounts are not unique to Swissquote but have become common since the central banks globally began increasing interest rates. For instance, in April, the Amsterdam-based <a href="https://www.financemagnates.com/terms/f/fintech/">fintech</a> company, BUX <a target="_blank" href="https://www.financemagnates.com/forex/news-nuggets-5-april-bus-offers-interest-finra-warns-against-phishing/" rel="follow">announced a similar step</a> to offer a 2 percent interest rate on uninvested cash deposits.</p><p>Meanwhile, Swissquote <a target="_blank" href="https://www.financemagnates.com/forex/swissquote-supports-launch-of-unicorn-focused-product-for-retail-investors/" rel="follow">partnered with Stableton and Morningstar</a> in May to launch a service that allows asset managers to issue and manage investment products without involving commercial banks. Swissquote praised the new offering as an opportunity for investors to invest in private high-growth companies.</p>

This article was written by Jared Kirui at www.financemagnates.com.