From now on, trading binary options is no longer the prerogative of professionals: it is an activity that is available in – almost – every country in the world. In Switzerland, more and more private individuals are embarking on a practical approach, which is now made easier by online tools. But with which operators can binary options be traded in Switzerland? Here is the guide
The regulation of binary options in Switzerland
What you need to know first of all is that trading binary options is entirely legal in Switzerland. Stock market speculation is, moreover, very popular in the country, which has rather interesting regulations. In particular, traders are not required to make profit declarations to the tax authorities, and at the same time, they are protected by the regulatory obligation imposed on brokers. Indeed, although Switzerland is strict in terms of fraud and money laundering, scams are not non-existent in the country.
- French-speaking Switzerland, where binary option trading is the most popular, prefers regulated brokers in the European Union to ensure greater security.
- German Switzerland, for its part, favours the recognition of BaFin, which is the German Federal Financial Supervisory Authority.
In any case, in both the German and French-speaking regions, the rules applied in the context of operations remain the same and the activities of brokers are closely monitored by FINMA, which is the Swiss regulator.
Several trading platforms are available in Switzerland, most of which offer French and German branches.
BDSwiss: Headquartered in Vienna, BDSwiss is automatically THE broker for trading in Switzerland. Formerly Banc de Suisse, this broker was launched in 2011 and has easily established itself as a leader in German-speaking Europe. It is regulated in the European Union and is available in 18 languages. The first deposit required on the site is €100, and it is possible to wager from only €5.
To trade binary options in Switzerland, the famous brokers such as Top Option, 24Option and Web Option also remain indispensable. These online brokers are fully regulated and operate in full compliance with European regulations. In particular, they hold a CySEC licence and are recognised by the AMF, which is the French Financial Markets Authority. Minimum deposits range from €100 to €250, while bonuses reach 100% for each broker. These professional binary option brokers also offer multilingual support and comprehensive trading tools, which will not disappoint Swiss traders.