Forex and CFD Brokers Switzerland
In Switzerland, the financial regulatory authority is the Swiss Financial Market Supervisory Authority (FINMA). FINMA is an independent regulatory body responsible for supervising and regulating the Swiss financial markets. Its main objective is to ensure the stability, integrity, and proper functioning of the financial system while protecting the interests of investors and consumers.
CFD stands for Contract for Difference. It is a popular derivative product that allows traders to speculate on the price movements of various financial instruments without owning the underlying asset. CFDs provide an opportunity to profit from both rising and falling markets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.