The best quality of services provided by the bank for customers and honestly deserved professional reputation belong to Swiss banks.
Users of the Forex trading market freely withdraw money through banks of the country, which 10 years ago used an official license. Accordingly, there was no control of brokerage companies and commercial protection of users from fraud.
To obtain permission to trade in securities, dealers must comply with the terms of regulatory organizations. One in Switzerland is FINMA. Valuable traders include citizens who act on their own behalf.
Firms buy for their own resources and sell securities. They are engaged in the implementation of documents in the secondary market with the help of other participants. Create proposals for the primary market, come up with and promote individual products, resources, tools to customers.
The law governing the functioning of stock exchanges of valuable shares considers several categories of dealer activities:
All of these structures organize professional activities in the sale of shares in an organized manner. The main condition for the dealers to work is to obtain an official Forex license to start trading. FINMA closely monitors the activities of bookmakers.
An applicant who wants to trade forex must provide the relevant documents for the licensing procedure. The requirements for the applicant include:
Please note: strict compliance with the licensing conditions does not guarantee a 100% license. The list of conditions is minimized, therefore, the regulatory body has the full right to expand this list.
The standard process for issuing a license lasts for six months. The duration of the procedure depends on the complexity of the applicant and the quality of the application.
When filing applications by foreign companies, the period that foreign supervisory authorities need to send requests and answers is taken into account.
To obtain a license, a Forex broker in Switzerland is required to register his organization under the Forex. The country makes high demands. For the success of the event, you should use the support of qualified specialists for the entire period of the procedure.
The specialists of our company will give competent advice on licensing of brokerage trading in securities. The company will help with registration of the company in Switzerland, will provide full legal support at each stage of registration.
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