Question: What is the Appropriateness Test of Swiss Markets? How does it affect my trading?
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Swiss Markets’ Appropriateness Test
Swiss Markets is a financially regulated company and is obliged by law to collect certain information about the clients.
The “Appropriateness Test” is a part of this process and help them ensure that the broker only deal with appropriate clients.
The test mainly asks 4 categories of questions.
- About yourself
- About your investment
- About your Experience
- US reportable person or not
You can take the test from Swiss Markets within the Client Portal.
Visit Swiss Markets Official Website
Limitations and Restrictions after Appropriateness Test
After taking the Appropriateness Test if Swiss Markets deems that your knowledge is not appropriate to invest in some products, then there could be some restrictions to trading conditions.
Appropriateness Test is conducted so the broker can know the clients.
Online Forex and CFD trading involve certain risks and investors must understand them before starting the investment.
For more information about the appropriate test and the account verification, please contact Swiss Markets support team from Swiss Markets Official Website.
