Swiss banking system – one of the most sophisticated in the world, influenced the way traders perceived Swiss Forex brokers: as reliable, trusted, advanced. However, as practice showed, this was no more than a beautiful myth. Swiss brokers had nothing to do with advanced and trusted Swiss banking system. Quite the opposite, there had been a number of companies, who tried to capitalize on calling themselves “Swiss-based”. That was a trend of the past.
Swiss authorities put an end to this questionable poorly controlled situation in 2010 by imposing the Rule under which Forex trading can only be provided by a licensed Bank. The face of the Swiss financial image was restored in the eyes of Forex trading community since then.
| Broker | Type | Minimum Deposit | Maximum Leverage | Funding method |
|---|---|---|---|---|
| CIM Bank | ECN/STP & STP | $5000 | 50:1 | Bank wire |
| CornerTrader | ECN/STP | $1 | 200:1 | Bank wire |
| Dukascopy Bank SA | ECN/STP | $100 | 200:1 | Bank wire. Credit/debit card with Dukascopy Europe IBS AS |
| Swissquote Bank | Market maker | $1000 | 100:1 | Bank wire, credit/debit card |
| Did we miss any Forex broker from Switzerland? Please suggest by adding a comment below. |
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