FXTM information and reviews
FXTM
95%
OctaFX information and reviews
OctaFX
94%
XM information and reviews
XM
93%
FXCC information and reviews
FXCC
92%
Libertex information and reviews
Libertex
91%
HFM information and reviews
HFM
89%

MIG Bank Review and Information 2022

MIG Bank
Voting Rating MIG Bank does not participate in the Forex Rating
Submit Forex Broker
Reviews Rating
Status Closed
Regulation FINMA
Trading software Meta Trader 4
Headquartered 4, Avenue d'Ouchy, 1006 Lausanne - Switzerland

MIG BANK is one of the leading Swiss based banks, besides banking offering online currency trading services. The company was established in 2003 as a bank and later started providing investing services. The broker’s headquarter is located in Lausanne, Switzerland. The broker’s services and activities are regulated by such major financial regulator as FINMA. The Swiss Bank license gives the company’s clients extra confidence in their funds safety and the broker’s reliability.

The trading accounts with the broker start from $2000 with leverage reaching up to 500:1 and pip spreads on major currency pairs starting from 0.5 pips. The broker offers its customers the worlds’ most popular trading platform – MetaTrader4, which is a powerful trading tool, allowing automated trading and executing trading orders in no time. The broker provides its clients with the best trading conditions on the market and low and tight spreads, daily financial reviews, technical analysis and much more useful financial data.

The broker’s customers have the possibility to trade in comfortable trading environment without dealer involvement, requites and any restrictions on trading techniques and strategies.

MIG Bank Trading Information 2022


WWW http://www.migbank.com/
Address 4, Avenue d
Headquarters Lausanne
Free phone 800 644 000 00
24 hour support
Partnership programs
Free education
Mobile trading
Automated trading
Demo account
Swaps
24/5 trading
Accepts US traders
Scalping
Digits after the dot in quotes 5
Minimum position size 0.1
Spread Type variable
Pip spread on majors 2-4
Maximum Leverage 500:1
STP, $
ECN, $
Standard account, $ 10000
Mini account, $ 2000
Popular payment methods Credit Cards, PayPal, Wire Transfer
Account currencies EUR, USD, GBP, JPY
Available assets
Languages English, Spanish, Chinese, Japanese, Arabic, Italian, Greek, Korean, German, Portuguese, Russian, French, Turkish
Platforms MetaTrader 4
Broker type
Regulation FINMA
Foundation 2003

MIG Bank Reviews and Comments

Order execution is fast. I'm not comparing it to other brokers but there is no big slippages and spreads for scalping trading. I do tens of trades a day and really satisfied.
  3 Jul 2016  
I've experienced serious issues the past severals months - since they've been aquired by Swissquote the^offer doesn't match their services anymore.
BE CAREEFOUL; big spread during volatiy time and margin call (!) set at 25% with or without customer's consent.

  15 Jun 2014  
The big ones is Credit Suisse who do retail FX, and also as UBS do FX...but not sure if is retail. Also there are ACM/Swiss Quote Bank.
  25 Nov 2010  
I'm about to open a real account with MIG cos they offer the MT4. My really wanted to go with Dukas Copy but the guy there kept pushing for me to go on their JForex platform, I found out at the end that he was doing this cos even though you see MT4 on the Dukas site...they don't actually have it anymore, crappy and deceptive if you ask me!

I want to go with a Swiss broker, is there anyo other good broker, or Swiss bank that is worth for me to look in to? Thx.

  24 Nov 2010  
Why Should Anyone Trade with Hotforex

HotForex is continuously establishing its position as a market leader and offers great trading conditions and competitive advantages to its clients which include, but are not limited to: tight spreads from as low as 0.1, flexible leverage options, top fund security measures, multiple account types, free educational resources, access to daily market analysis and many more!

What attracted me to MIG at the begining was their acquisition of the Swiss Bank Licence, the number of currency pairs they offered, 70 I believe, and their customer support which was ok. What has now pushed me to stop being their client is their MT4...too often I have experienced 5 to 60 minutes of down time. They claim it is not fully their fault being that the platfrom is a 3rd party platform, that said MIG should do whatever is required to solve the problem. They claim they are working on their own in-house platform but that they are still many months away from beta stage, and the choice to tradable markets(what I wanted when they became a bank) is also not for any immediate date.
All that said, the news of AC - Markets becoming part of Swissquote Bank can only come as breath of fresh (Swiss!) air for other traders sharing my sentiments, not just about MIG but other brokers who just...don't seem to reach the hype they spurt. I have had an ACM demo for 5 weeks now (webtrader, and not their version of MT4) and although it required me to adjust to the differences, I am finding it a far more complete platform. Maybe down the line I will see what Swissquote can now offer its ACM clients as well. This trully feels like the complete trader's package.

  2 Nov 2010  
All MIG Bank Reviews

Related Forex Brokers

# Forex Broker Reviews Status For Against Type Regulation Leverage Account
1FXTM Detailed information and reviewsFXTMReviewsRecommended955Broker, ECNCySEC, FCA, IFSC1000$100
2OctaFX Detailed information and reviewsOctaFXReviews946BrokerSVG500$50
3XM Detailed information and reviewsXMReviewsRecommended937BrokerASIC, CySEC, FSC1000$5
4FXCC Detailed information and reviewsFXCCReviewsRecommended928ECN, STPCySEC, VFSC500$1
5Libertex Detailed information and reviewsLibertexReviewsRecommended919MMCySEC30$100
6HFM Detailed information and reviewsHFMReviewsRecommended8911BrokerCySEC, FSC, FSB, FCA, BaFin, DFSA1000$5
7FXCM Detailed information and reviewsFXCMReviewsRecommended8713BrokerFCA, ASIC, SFC, CONSOB, BaFin, ACP30$300
8ActivTrades Detailed information and reviewsActivTradesReviews8614NDDFCA, SCB, CSSF, CONSOB400$1
9RoboForex Detailed information and reviewsRoboForexReviewsRecommended8515Broker, NDD, STPFSC2000$10
10MultiBank Group Detailed information and reviewsMultiBank GroupReviews8416ECNASIC, BAFIN, CIMA, ESCA, FSC, MAS, FMA, TFG, HKCE, AUSTRAC, VFSC500$1000
11FxPro Detailed information and reviewsFxProReviewsRecommended8317Broker, NDDCySEC, FCA, FSCA, SCB500$100
12Vantage Detailed information and reviewsVantageReviews8317BrokerCIMA, VFSC, ASIC, FCA, FSCA, FSC500$200
13AMarkets Detailed information and reviewsAMarketsReviews8218BrokerThe Financial Commission3000$100
14FP Markets Detailed information and reviewsFP MarketsReviews8119ECN, STP, DMAASIC, CySEC500$100
15Just2Trade Detailed information and reviewsJust2TradeReviews8020BrokerCySEC, NFA, FINRA, SIPC500$100
16Olymp Trade Detailed information and reviewsOlymp TradeReviews7723BrokerIFC100$10
17CryptoGo365 Detailed information and reviewsCryptoGo365ReviewsNew7624MMn/a400$2500
18CryptoIFX Detailed information and reviewsCryptoIFXReviewsNew7525MMn/a400$2500
19Pure Market Detailed information and reviewsPure MarketReviews7426ECN, STPCySec, VSFC1000$1000
20Exness Detailed information and reviewsExnessReviews7426MM, NDDFSA, CySEC , FCA , FSCA , CBCS ,FSC, FSC (Mauritius)1000$1
FXCM information and reviews
FXCM
87%
ActivTrades information and reviews
ActivTrades
86%
RoboForex information and reviews
RoboForex
85%
MultiBank Group information and reviews
MultiBank Group
84%
FxPro information and reviews
FxPro
83%
Vantage information and reviews
Vantage
83%

© 2006-2022 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.