Swiss Financial Market Supervisory Authority (FINMA)

Jurisdiction

Switzerland. FINMA licenses banks and securities firms; Swiss forex brokers typically hold a banking or securities dealer licence.

Role

Applies bank-level capital and conduct rules. Client deposits at a Swiss bank-licensed broker are protected by the Swiss depositor protection scheme.

Segregated client money, negative balance protection and a compensation scheme or its equivalent.

Licence verification

Search FINMA's list of authorised institutions by name and confirm the licence type.

FINMA website (opens in a new tab)

Client protections

Bank-level capital requirements and, for bank-licensed firms, depositor protection up to 100,000 francs.

Brokers regulated by FINMA

4 brokers in our database hold a FINMA licence through at least one entity. The licence applies to that entity only; check which one serves your country.

IG 8.0/10

Tier-one regulated FCA, ASIC, BaFin, FINMA, MAS, FMA New Zealand, JFSA, DFSA, BMA, NFA/CFTC

ReviewVisit IG (opens in a new tab)

Saxo Bank 8.0/10

Tier-one regulated Danish FSA, FCA, ASIC, FINMA, MAS, JFSA, SFC Hong Kong, DFSA, AMF/ACPR, other European regulators

ReviewVisit Saxo Bank (opens in a new tab)

Dukascopy 7.7/10

Tier-one regulated FINMA, Bank of Latvia supervision for Dukascopy Europe, JFSA Type-1 Financial Instruments Business Operator for Dukascopy Japan

ReviewVisit Dukascopy (opens in a new tab)

Swissquote 7.7/10

Tier-one regulated FINMA, FCA, CySEC, DFSA, MAS, SFC Hong Kong, MFSA

ReviewVisit Swissquote (opens in a new tab)

Regulatory facts are the authority's own published position at the last check. Verify any licence on the register before depositing.