Switzerland forex broker

Any time Switzerland is mentioned, the first things that pop up in anyone's mind are the Alps, chocolate and money. Mountains and chocolates aside, this tiny neutral country in the heart of Europe has become a symbol of financial prosperity and stability — and the same goes for Swiss forex and CFD brokers, which have an excellent reputation both in terms of trading conditions, and fair and transparent operations.

But wait, there's more: 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. Furthermore, Swiss forex brokers are obliged to sign the Swiss Banks and Securities Dealers agreement, which protects all customer deposits of up to CHF , Such signatories are MIG Bank and Dukascopy Bank SA , for example.

Other regulatory organs in the country include the Swiss Bankers Association, the Swiss Federal Department of Finance, the Swiss Federal Banking Commission, etc. When signing up with a Swiss forex broker, you can rely on fair, safe and secure trading. Dukascopy, a Swiss forex bank, has launched an update of its Swiss Forex mobile application for iOS users, adding an Apple Watch support.

The update was launched on 17 November and is compatible with iPhone, iPad, and iPod touch. Forex trading carries a high level of risk and may not be suitable for all investors. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. All information on ForexBrokerz.

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