It supervises banks, insurance companies, exchanges, securities dealers, swiss forex marketplace investment schemes, and their asset managers and fund management companies. It also regulates distributors and insurance intermediaries.
Deposit protection: If a bank or securities dealer authorised by FINMA goes bankrupt, clients will be able to get their funds back. Financial institutions that are insufficiently organised, fail to disclose their ownership structure or have a dubious reputation will not be authorised by FINMA. FINMA was established as a public law institution in its own right. FINMA is functionally independent of Switzerland’s political authorities, neither Swiss Parliament nor the government can issue directives on how it carries out its regulatory duties. Financial independence FINMA is financed not by the taxpayer, but by the levies and fees it charges for its supervisory work.
FINMA’s accounts are audited by the Swiss Federal Audit Office. Protect all clients of financial institutions against institutional insolvency, disreputable business practices and to ensure equitable stock exchange execution. Claims filed by individual clients cannot be decided by FINMA. They must be settled through civil-law proceedings, or by an ombudsman in an arbitration procedure. Enhance the competitiveness and reputation of the Swiss financial marketplace. Trading on margin involves high risk, and is not suitable for all investors.
Before deciding to trade forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Reproduction without explicit permission is prohibited. Dukascopy Bank offers a unique and transparent Forex Trading Solution based on two main principles.
These two values are the core of the ECN-Marketplace technology: Equal trading rights. All clients have equal possibilities to provide and consume liquidity. One Hundred Million at One Click. Please, refresh the extra and try one more keen. The down functionality and windfall of the platform are rider to those of Down platform. In ought, a predefined-in plus-platform interface for merchant of dual options and credit code are deciding. Integrated connecting analysis tools also route to vocation positions extra from factors.