Reliable trading through FINMA brokers

Swiss Financial Market Supervisory Authority is a government agency involved in the control and regulation of the financial market in Switzerland. FINMA is financed by Forex brokers and other companies regulated by it. Therefore, FINMA regulator is fully independent in its operations. A number of popular brokers are licensed by the Swiss Financial Markets Authority (Dukascopy Bank SA, Swissquote, Crown Forex, etc.). Top brokers of the Forex market who are members of FINMA are included in this rating from TopBrokers.com.

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Swiss reliability and quality

FINMA has a wide range of supervisory functions. The main purpose of Swiss Market Supervisory Authority is primarily the protection of the rights of investors, lenders and traders. FINMA brokers should strictly observe a number of rules and requirements established by this agency in the course of their activities. Otherwise, the FINMA authority can impose penalties on the regulated companies, as well as liquidate them, having collected the funds available for the benefit of affected parties.

To become a FINMA member, each broker of the Forex market has to meet certain requirements. FINMA Regulated brokers must have an office in Switzerland, inform their users about the risks of Forex work, have sufficient capital (its size depends on the number of clients and amount of money held on the company's accounts), pass the documentation verification and a number of other procedures. All FINMA brokers suitable for successful trading are included in the table on this page. We would like to add that the Swiss Financial Market Supervisory Authority is engaged in the creation of effective systems protecting from the development and use of money laundering schemes.

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