Forex Brokers in Switzerland
Switzerland is a world-known country for its excellent Bank system that became a symbol of financial stability and wealth, historically being a world jurisdiction to store money and for banking services.
Owing to its highly reliable and trusted reputation in finance, global traders are often influenced to invest with Forex Brokers in Switzerland. Indeed, Switzerland Brokers providing fair and transparent trading conditions with unparalleled quality of service, however, the offerings are not so many or widely presented.
Regulation in Switzerland
That happened due to the local regulatory requirements that mandate a significant base capital to start, as well as a very sharp set of procedures that are truly hard to obtain.
- A few years earlier before Online trading started its rapid increase of volumes, the Swiss Bank Directive has issued a requirement to every broker operating within the country that obliged them to obtain a banking license by the Swizz Financial Market Supervisory Authority (FINMA). Read more via Wikipedia.
Moreover, the operational standards that are required to Brokers are typical of how Swiss Banks operate, meaning Swiss Forex Broker should operate through banking license likewise and be fully regulated by FINMA as well. FINMA website: www.finma.ch or follow its Twitter @FINMA_media
Overall, the truth is that the process to obtain FINMA license is not an easy one at all, as first there is a requirement of sufficient capitalization, along with an agreement that protects customers up to 100,000 CHF in case of the Brokers insolvency. Yet, in terms of client’s protection and funds, Switzerland considered being on of the worldwide safest county as well as proven fair trading conditions.
Switzerland Forex Brokers List
These are the regulated brokers that accept clients from Switzerland:
| Broker | Detail | |
|---|---|---|
 AvaTrade | Min. Deposit: 100 US$ Max. Leverage: 1:30 | 1:400 Trading Platforms: MT4, AvatradeGo Regulation: Bank of Ireland, ASIC, JFSA, FSCA | AvaTrade Review |
 CornerTrader | Min. Deposit: 0 US$ Max. Leverage: 1:30 Trading Platforms: CornerTrader Platform Regulation: FINMA | CornerTrader Review |
 Dukascopy | Min. Deposit: 1,000 US$ Max. Leverage: 1:30 Trading Platforms: JForex, MT4 Regulation: FINMA | Dukascopy Review |
 IG | Min. Deposit: GBP 250 Max. Leverage: 1:30 Trading Platforms: MT4, IG Proprietary Regulation: FCA, ASIC, CFTC, FINMA, MAS, JFSA, DIFC | IG Review |
 Interactive Brokers | Min. Deposit: 2000 US$ Max. Leverage: 1:40 Trading Platforms: TWS, IB WebTrader Regulation: US SEC & CFTC, ASIC, FCA | Interactive Brokers Review |
 Pepperstone | Min. Deposit: 200 US$ Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4, MT5, cTrader Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN | Pepperstone Review |
 Saxo Bank | Min. Deposit: 10,000 US$ Max. Leverage: 1:30 | 1:100 Trading Platforms: SaxoTraderGo, SaxoTraderPRO Regulation: Danish FSA, ASIC, JFSA, MAS, FCA, FSC | Saxo Bank Review |
 Swissquote | Min. Deposit: 1,000 US$ Max. Leverage: 1:100 | 1:30 Trading Platforms: eTrader, Swiss DOTS Regulation: FINMA, FCA, MFSA, SFC, DFSA | Swissquote Review |