Why Swiss regulation is so strict
In Switzerland, starting from April 2009 only banks are allowed to offer Forex services to retail customers. The price to be a Swiss Forex Broker is set high – 20’000’000 CHF as minimum capital, full compliance with Swiss Banking regulations and requirements. Out of about 200 Swiss Forex Brokers, only 3 have applied for banking licenses and only 2 have finally received them.
