The Swiss Financial Market Supervisory Authority (FINMA) is the financial regulator in Switzerland.
Financial institutions in Switzerland that want to offer regulated trading services, must obtain a banking license from FINMA.
Retail forex traders using a FINMA-regulated broker/bank can access much higher leverage (1:200) than EU-regulated brokers (1:30).
|💰 Compensation Scheme||100,000 CHF|
Best FINMA Regulated Brokers
All the brokers below are highly reputable and hold a banking license with FINMA.
IG has headquarters in the United Kingdom, but several entities around the world including USA and Switzerland.
IG Bank S.A. is authorized and regulated by FINMA.
Saxo Bank is a Danish bank with entities all over the globe, including Switzerland.
Saxo Bank (Schweiz) AG is authorized and regulated by FINMA.
Swiss traders should opt for a FINMA-regulated broker, but traders from other countries are free to open an account with a Swiss broker.
The minimum deposit with FINMA brokers is usually quite high.