Forex regulation in Switzerland
This page explains the authorities and public records connected with retail forex and CFD activity in Switzerland. Rules can depend on the product, legal entity, client type and location.
Regulatory overview
Forex providers must be FINMA-licensed banks or securities firms.
Authorities
Broker records
| Broker | Authority | Licence | Status | |
|---|---|---|---|---|
 IG 8.5/10 | FINMA | Not confirmed | Review pending | View licence record |
 Saxo Bank 8.4/10 | FINMA | Not confirmed | Review pending | View licence record |
 Dukascopy 8.3/10 | FINMA | Switzerland | Review pending | View licence record |
 Swissquote 8.2/10 | FINMA | Not confirmed | Review pending | View licence record |
Client protections
Under FINMA
- Client-money rules
- Applies in limited circumstances
- Capital requirements
- Varies by licence
- Negative balance protection
- Not confirmed
- Leverage restrictions
- Not confirmed
- Compensation scheme
- Potentially available subject to eligibility
- External dispute resolution
- Not confirmed
- Risk disclosures
- Required for relevant firms
- Reporting or audit
- Required for relevant firms
Complaint routes
We have not confirmed a public complaint-submission route for an authority in Switzerland. Check the official website and the broker's governing documents.
Official warnings
Frequently asked questions
Is forex trading regulated in Switzerland?
FINMA is the authority on record for Switzerland. Forex providers must be FINMA-licensed banks or securities firms.
Does a foreign licence protect a trader in Switzerland?
Only when the account is legally contracted with the licensed entity and the licence permits the relevant service. A broker brand may operate several entities, and the protections follow the entity that signs the account agreement, not the brand.