435Swiss Financial Market Supervisory Authority (FINMA) is the Swiss government body responsible for financial regulation. This includes the supervision of banks, insurance companies, stock exchanges and securities dealers as well as other financial intermediaries in Switzerland.

 

FINMA is an independent institution with its own legal personality based in Bern. It is institutionally, functionally and financially independent from the central federal administration and the Federal Department of Finance and reports directly to the Swiss parliament.

 

But wait, there’s more: since 2008, the Swiss Bank Directive 3a mandates each and every broker operating out of the country to hold a banking license from the Swiss Financial Market Supervisory Authority (FINMA). Getting such a license is not exactly an easy task – applicants must comply with a list of draconian requirements, including sufficient capitalization (the lower threshold for that is approximately CHF 20 million).

 

Other regulatory organs in the country include the Swiss Bankers Association, the Swiss Federal Department of Finance, the Swiss Federal Banking Commission, etc.

 

Below is the list of FINMA Regulated Forex Brokers:

 

Broker Bonus Rating Review Open Account
MIG Bank 4.3 Review Visit Broker
SwissQuote 4.3 Review Visit Broker
ACM 4.3 Review Visit Broker
Forex.ch 3.9 Review Visit Broker
Dukascopy 3.5 Review Visit Broker
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