With a wide choice of brokers, how can you know which you should be trading with? Our list is compiled from deep research into all the facets of the broker. It is charged with the responsibility of overseeing legal operations and fair play of banks, insurance providers, asset management firms, securities exchange dealers among other investment schemes and participants of the financial markets.
FINMA is funded by levies charged on companies that operate within this sector. This means that they have to make sure that the licensees are compliant with all laws and regulations surrounding the financial sector. This in effect protects the welfare of the investors and industry players alike. By making sure that companies in this industry are accountable, confidence in investors is restored and the financial sector grows.
Their regulation also encompasses providing a level playing ground for competitors in the financial sector. In addition to this, it tasked with ensuring liquidity of financial institutions and mitigating risk where issues such as bankruptcy and financial restructuring are involved.
FINMASA organises for audits to be carried out on its licensees although the cost of this activity is borne by the licensee. In the event that the audit report submitted indicates violation of any legislation surrounding the financial sector, the company is given adequate time to comply, failure to which the necessary legal action is taken.
FINMA protects investors by making sure that they are not exposed to unnecessary risk and by making sure that brokerages are accountable to their clients. They have the authority to monitor employee transactions to prevent them from taking advantage of the markets due to their position for their own personal benefit.
FINMA is also open to you as an investor in case you encounter any violation of you rights within the financial markets. Any company or entity carrying out an activity that requires a license is liable to have legal action taken against them as per the financial markets act. As mentioned above, FINMA has the mandate to request for company information and in return, the licensee is required to share it, failure to which necessary legal action will be taken. Your capital is at risk.
All trading involves risk. Your capital might be at risk. Guidelines for FINMA Regulated Brokers Any company or entity carrying out an activity that requires a license is liable to have legal action taken against them as per the financial markets act.
ABOUT US FX Empire - the company, employees, subsidiaries, and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as link result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.
FX Empire may receive compensation from the companies featured on the network. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price.
FX Empire bears no responsibility for any trading losses you might incur as link result of using any data within the FX Empire. AvaTrade 23 User Reviews. Open Account All trading involves risk eToro Review. IQoption 14 User Reviews. Open Account Your capital is at risk Markets. Plus 43 User Reviews. Open Account Your capital is at risk Plus Review.More...