CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.

Swiss Financial Market Supervisory Authority

Our tier
Tier 1
Jurisdiction
Switzerland
Public register
Open the official register

FINMA supervises banks, securities firms and other financial institutions in Switzerland. Retail forex in Switzerland is offered mainly by licensed banks and securities firms.

What it means for a retail trader

A broker that is a Swiss bank is subject to bank-level capital and supervision, and eligible cash deposits are protected by the Swiss depositor protection scheme up to CHF 100,000 per client. Check on the FINMA list that the institution itself, not just a related company, is authorised.

How to check a firm

Search the firm’s legal name or licence number on the official register linked above. Confirm that the name, the number and the website on the register match the firm you are dealing with, and that its permissions cover the product you want to trade. Clone firms often borrow a real firm’s name and number but use a different web address.

Brokers in our database with a FINMA licence

BrokerDossier ScoreEntity serving youMin. depositPlatformsActions
IG Founded 1974 Listed 60 IG International Limited BMA Tier 3 (offshore) — Own platformMT4TradingView Review Visit site
Saxo Founded 1992 Bank 76 Saxo Bank A/S Danish FSA #1149 Tier 2 $0 Own platformTradingView Review Visit site
Swissquote Founded 1996 Listed Bank 89 Swissquote Bank Ltd FINMA Tier 1 $1,000 MT4MT5Own platform Review Visit site

Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.