Swiss Market Index

Swiss Market Index (SMI) is a stock market index representing 20 of the largest and most liquid stocks on the Swiss Performance Index (SPI). It was introduced on June 30, 1998, at a baseline value of 1,500 points and first closed above 10,000 points on July 2, 2019. The index is currently in a bull market that began on May 25, 2021, after breaking its previous record.

The entity registered under the domain swissmarketindex.com is not a brokerage firm or financial intermediary. It is a benchmark index that tracks the performance of major Swiss equities. The registered address in Zürich, Switzerland, likely corresponds to the index's administrative or promotional operations, not a trading desk.

Our records show that Swiss Market Index holds no financial regulators. As a stock market index, it is not subject to the same licensing requirements as brokers or exchanges. The index itself is a calculation based on publicly traded securities, and its administration typically falls under the purview of the SIX Swiss Exchange, which is regulated by the Swiss Financial Market Supervisory Authority (FINMA). However, the entity operating swissmarketindex.com does not appear to be directly regulated.

Traders should be cautious if this website offers any trading services, as it would be operating without regulatory oversight. The absence of a licence is a significant red flag for any entity claiming to provide financial services.

Swiss Market Index does not offer trading accounts, platforms, or investment products. Its primary function is to serve as a performance benchmark for Swiss equities. Investors can track the SMI through exchange-traded funds (ETFs) or index funds offered by third-party providers, but the index itself does not facilitate direct trading.

No information is available about spreads, commissions, leverage, or funding methods because these concepts do not apply to an index. The website swissmarketindex.com likely provides educational content, index values, and market analysis rather than transactional services.

The target audience for Swiss Market Index information includes investors, financial analysts, and institutions that use the index as a benchmark for Swiss equity performance. It is not designed for retail traders seeking forex or CFD brokerage services.

If a trader encounters a website claiming to be a broker under the name 'Swiss Market Index', they should exercise extreme caution. The legitimate SMI is not a trading platform, and any such offering is likely a misrepresentation.