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Neon

Neon is a Swiss neobank partnered with Hypothekarbank Lenzburg, ensuring each account is protected up to CHF 100,000 by the Swiss deposit guarantee.

Who is Neon?

Founded in August 2017 by Jörg Sandrock, Julius Kirscheneder, Simon Youssef, and Michael Noorlander, Neon now boasts a team of 15 members. By October 2019, the app surpassed 10,000 users. Neon is a true neobank—no physical branches, with all services managed through its smartphone app, while the website serves as an informative showcase.

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Neon Invest Review
8/10

Neon Invest Review + 100 CHF Trading Credit in November 2024

Philippe November 3, 2024
Get 100 CHF Trading Credit with the promo code NEOTRADE when you open your Neon Bank account.In this article, we review Neon Invest, the investment platform offered through the Neon App.Neon Invest Overall Rating: 8/10
★★★★★
More details +
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NEOTRADE
Features
6
Usability
8
Fees
8
Safety
10
PROS:
  • Low transaction fees (0.5% for Swiss stocks)
  • No custody fees
  • No currency conversion fees
  • Simple and intuitive interface
  • Integration with the Neon app
  • Good for beginner investors
  • Automatic savings plans
CONS:
  • Limited supply of tradable securities
  • No limit orders
  • Cannot buy fractional shares
  • Not suitable for active traders
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