Forex Brokers in Switzerland
Forex brokers in Switzerland are regulated by the Swiss Financial Market Supervisory Authority (FINMA). FINMA is one of the most experienced financial regulators in the world. They are known to be able to balance retail traders’ need for protection with the need to remain an attractive jurisdiction for forex brokers.
The important thing about forex brokers in Switzerland is their independent regulation of EU rules. New EU regulation limiting the amount of leverage does not apply to Swiss-based forex brokers. Moreover, many of these brokers still allow EU-based traders to sign up directly with the Switzerland-registered entity.
|Broker||Regulation||Max Leverage||Min Deposit||General Rating|
FCA (UK), 54257
FSA (Japan), 1571
FSC (BVI), SIBA/L/20/1130
Kanto Local Finance Bureau (Japan), 2137
|DFSA (Dubai) F004307
FCMC (Latvia), May, 2011
FINMA, June 15, 2010
FSA (Japan), 2408
|DFSA (Dubai), 4
FCA (UK) 562170
SFC (Hong Kong), 3
FSP (New Zealand), FSP157304
|Ministry of Finance and Economic Management (Vanuatu) 14777
If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.
What is the best forex broker in Switzerland?
Finding the best forex broker in Switzerland is not much different from choosing the right broker in general. Aside from making sure that the forex broker is available for client registration from Switzerland, you need to check its regulation, minimum deposit, spread, leverage, payment methods, and other trading-related aspects that may affect your strategy. Furthermore, make sure that the broker has a good credibility and reliable customer support.
Where can I trade forex in Switzerland?
The list in this page can be a good reference if you look to trade with in Switzerland. We have sorted specific forex brokers that accept clients from Switzerland, so you can choose one of the brokers by comparing their minimum deposit, regulation, leverage, and rating. If you are interested to learn further about a certain broker, feel free to click the review button.
What is the best forex broker for beginners?
If you are a beginner and looking for the right broker to trade with in Switzerland, some aspects that you need to pay attention to are the low minimum deposit, demo account, and educational features. Apart from that, it's also better to make sure that the broker has good customer service because as a beginner, you may need to consult about broker services that still seem incomprehensible to you.