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spending hundreds of hours each year testing and researching forex brokers. Finma takes consumer complaints very seriously and is known to investigate all tips leading to any malpractice indulged by financial firms. Switzerland is known for its financial sector and, especially, for the reliability of its banks. Swiss Financial Market Supervisory Authority (finma), which is the national regulatory authority. However, unlike other regulatory agencies such as the NFA or FCA, finma does not have the authority to impose heavy fines or initiate criminal proceedings bitcoin vs banks against a company.
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For example, here's the key disclosure text from Swis"'s website. The advantage of such regulatory procedure is that clients can be assured of the reliability and authenticity of these brokers, which is an essential trait for brokers to induce consumer confidence. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or bitcoins verkaufen paaypal liquidity of a currency or related instrument. However, as practice showed, this was no more than a beautiful myth. ECN/STP 100 300:1.01.1, bank Wire, Credit Card, Debit Card. Trading forex (currencies) in Switzerland is popular among residents. Swis" Bank, market maker 1000 100:1.01.8 - 4 Bank Wire, Credit Card, Debit Card Did we miss any Forex broker from Switzerland?