Invest with Zak: review of the Swiss investment platform (2026)

[Update – 28.08.2026: new rating matrix + ratings]
[Update – 01.08.2026: new investment review with Zak]

If you already use Zak as your main bank, starting to invest requires very little effort. The bank account, securities deposit, and portfolio remain combined in the same application. There is no new platform to discover or money to transfer to an external broker.

One of Zak Invest’s main strengths is the breadth of its catalog. The platform provides access to approximately:

• 6,000 stocks
• 5,000 ETFs
• 1,300 funds

That’s over 12,000 securities in total.

Investments cover several major stock exchanges, including SIX, NASDAQ, NYSE, Xetra, the London Stock Exchange, and the Hong Kong Stock Exchange.

On this point, the offering is closer to a broker than a traditional neobank. Yuh and Neon offer fewer securities and provide access to a more restricted number of markets. With Zak, the catalog will rarely be a limiting factor.

The app is designed for simple use. The choice of securities is wide, but the experience remains that of a banking app rather than a trading platform.

What happens to securities if Banque Cler goes bankrupt?

The securities account is held with Banque Cler, a Swiss bank supervised by FINMA. Stocks, ETFs, and funds are therefore not held by an external platform.

Securities remain separate from the bank’s balance sheet. They are not part of the bankruptcy estate and must be returned to their owner if Banque Cler encounters serious difficulties. The procedure may take time, but a bank bankruptcy does not mean an automatic loss of the portfolio.

On this point, Zak Invest offers the same legal protection as a Swiss broker that properly holds its clients’ securities.

Everything happens from the Invest tab of the Zak app. You can search for a security, view its details, track your portfolio, and place an order without leaving the banking environment.

The details include the price, price variation, a graph over several periods, as well as information such as the ISIN, symbol, and currency. This is sufficient to verify a security and place an order, but not for in-depth security analysis.

Zak Invest offers two types of orders:

• market order, executed at the best available price
• limit order, executed only if the set price is reached

Stop and stop-limit orders are not available. An order placed when the exchange is closed remains registered until it reopens. Fees, listing venue, and currency appear before validation.

Zak Invest covers basic investment needs. To analyze companies in detail, use technical indicators, or automate a strategy, you will need to supplement the app with other tools.

Pricing depends on the stock exchange:

• Stocks and ETFs on SIX: 0.25%, with a minimum of CHF 5 and a maximum of CHF 50
• Stocks and ETFs on other exchanges: 0.50%, with a minimum of CHF 15 and a maximum of CHF 300
• Funds: 0.50%, with a minimum of CHF 15

The minimums primarily penalize small orders. A purchase of CHF 500 on a foreign exchange already costs CHF 15, or 3% of the invested amount, before stamp duty and any exchange fees. To maintain the advertised rate of 0.50%, you need to invest at least CHF 3,000 per order.

In addition to these fees, there are 0.25% custody fees per year, excluding VAT. The actual cost therefore reaches approximately 0.27% per year. A portfolio of CHF 50,000 thus costs nearly CHF 135 per year, even if no orders are placed.

Currency conversion, however, does not incur any additional fees. This is an advantage for purchases in dollars or euros, but it does not always offset custody fees and brokerage minimums.

Zak Plus reduces transaction fees by 50%, but the subscription costs CHF 8 per month. This reduction becomes particularly interesting when trading high amounts. Finally, the electronic tax statement must be ordered separately, with a price starting from CHF 75.

For regularly investing small amounts, Zak is therefore often more expensive than Yuh, Neon, or a broker without custody fees.

The absence of fractional shares is probably the first limitation encountered with Zak Invest.

As long as you invest in companies whose share price remains affordable, this changes nothing. But some Swiss or American stocks are worth several hundred, or even several thousand, francs. You therefore need to have the necessary amount to buy a single share.

This constraint mainly concerns investors who deposit small amounts each month. Platforms that offer fractional shares like Yuh provide more flexibility to build a portfolio gradually.

In return, you’ll find the main listed companies in Switzerland, the United States, Europe, and several other international markets.

You can also ask Banque Cler to register Swiss shares in the shareholder register. A portfolio held with another institution can also be transferred to Zak Invest, provided the securities are eligible.

The ETF catalog is one of Zak Invest’s main strengths.

There are approximately 5,000 ETFs, with major issuers like Vanguard, iShares, UBS, Amundi, or Xtrackers. Whether you’re looking for a World ETF, S&P 500, MSCI World, or Swiss Market Index, the choice is already very wide. Some US ETFs are also available.

Zak Invest does not offer automated investments. Each purchase must be made manually, which complicates a monthly investment strategy (DCA). Moreover, custody fees and brokerage minimums also reduce the appeal of small, regular purchases. For investing in a few ETFs each month, Yuh or Neon are often cheaper.

Zak Invest allows everyone to build their portfolio from a choice of approximately 1,300 investment funds. It offers neither a pre-selection of funds, nor model portfolios, nor automated management. You therefore have to choose the funds and their allocation yourself.

The invested amount is flexible. Each purchase costs 0.50%, with a minimum of CHF 15 per order.

It’s impossible to buy cryptocurrencies directly with Zak Invest.

The only option is to buy certain listed products that track cryptocurrency performance. You therefore do not directly hold digital assets.

On this point, Zak Invest is closer to Neon than to Yuh, which allows you to buy and sell cryptocurrencies directly from its app.

Zak Invest is not really designed to guide investment decisions.

You’ll find essential information before placing an order, but there’s no training program, personalized recommendations, or market analysis. Everyone remains free to choose their securities and build their portfolio.

For any questions related to the account or app functionality, Zak support and Banque Cler remain available. However, those looking for more in-depth support or educational content will find more comprehensive solutions with some competitors.

Zak Invest activation is done directly from the app.

To start investing, you simply need to:

• have a Zak account
• open a securities deposit
• accept the contractual documents in the app

Once these steps are completed, the Invest section appears alongside the bank accounts. All that remains is to fund the account and place a first order.

Investments, bank account, and portfolio remain combined in the same app.

It must be emphasized: with over 12,000 stocks, ETFs, and funds, Zak Invest offers one of the most comprehensive catalogs among Swiss neobanks.

Zak Invest will be particularly suitable if:

• you already use Zak as your main bank and want to invest without opening an account with an external broker;
• you are looking for a wide selection of stocks, ETFs, and funds;
• custody fees are not the most decisive criterion.

However, other investment platforms will often be more suitable if:

• you invest small amounts each month;
• you are looking for fractional shares or automated investments;
• you want to buy and sell cryptocurrencies directly from your app.

Ultimately, Zak Invest primarily focuses on simplicity and the breadth of its catalog. This advantage comes with its fees, which remain higher than those of several neobanks and brokers, making it less attractive for a regular, low-cost investment strategy.

Zak Promo Code

Use promo code KNSGS6 to receive CHF 25 when you open your account.

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What do you think of Zak for your investments?

• Have you already invested with Zak Invest?
• Does the catalog of over 12,000 securities compensate for the custody fees?
• Have brokerage minimums or the absence of automated investments influenced your choice?

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