HFM information and reviews
HFM
96%
Octa information and reviews
Octa
94%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
Vantage information and reviews
Vantage
85%

MIG Bank Review and Information 2024

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 2024


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
Standard account, $ 10000
Mini account, $ 2000
Popular payment methods Credit Cards, PayPal, Wire Transfer
Account currencies EUR, USD, GBP, JPY
Languages English, Spanish, Chinese, Japanese, Arabic, Italian, Greek, Korean, German, Portuguese, Russian, French, Turkish
Platforms MetaTrader 4
Regulation FINMA
Foundation 2003

MIG Bank Traders' Reviews

  3 Jul 2016
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.
  15 Jun 2014
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.
  25 Nov 2010
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.
  24 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.
  2 Nov 2010
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.
All MIG Bank Reviews

Related Forex Brokers

# Forex Broker Overall Rating Status Reviews Type Regulation Leverage Account
1Register HFM trading accountHFMOverall Rating for HFM: 5 starsTrusted 263 Reviews and comments BrokerCySEC, FCA, DFS...2000:1$1
2Register Octa trading accountOctaOverall Rating for Octa: 5 stars 360 Reviews and comments BrokerCySec, MISA, FS...1000:1$25
3Register FXCC trading accountFXCCOverall Rating for FXCC: 5 starsTrusted 240 Reviews and comments ECN, STPCySEC, SVG500:1$1
4Register FxPro trading accountFxProOverall Rating for FxPro: 4.5 starsTrusted 947 Reviews and comments Broker, NDDCySEC, FCA, FSC...500:1$100
5Register FBS trading accountFBSOverall Rating for FBS: 4.5 starsTrusted 520 Reviews and comments BrokerIFSC, ASIC, FSC...3000:1$1000
6Register Vantage trading accountVantageOverall Rating for FBS: 4.5 stars 35 Reviews and comments BrokerVFSC, ASIC, FCA...1000:1$200
7Register XM trading accountXMOverall Rating for XM: 4 starsTrusted 328 Reviews and comments BrokerASIC, CySEC, FS...1000:1$5
8Register FP Markets trading accountFP MarketsOverall Rating for FP Markets: 4 stars 33 Reviews and comments ECN, STP, DMAASIC, CySEC, FS...500:1$100
9Register AMarkets trading accountAMarketsOverall Rating for AMarkets: 4 starsTrusted 51 Reviews and comments BrokerMISA, FSA, FSC,...3000:1$100
10Register Errante trading accountErranteOverall Rating for Errante: 4 starsTrusted 4 Reviews and comments DMA, ECN, MMCySEC, FSA500:1$50
11Register IronFX trading accountIronFXOverall Rating for IronFX: 4 stars 228 Reviews and comments MM, ECN, STPFCA, FSCA30:1$50
12Register T4Trade trading accountT4TradeOverall Rating for T4Trade: 4 stars 79 Reviews and comments ECN, STP, MMSeychelles FSA1000:1$50
13Register Exness trading accountExnessOverall Rating for Exness: 4 stars 657 Reviews and comments MM, NDDFSA, CySEC , FC...2000:1$1
14Register Just2Trade trading accountJust2TradeOverall Rating for Just2Trade: 4 stars 105 Reviews and comments BrokerCySEC, NFA, FIN...500:1$100
15Register MarketRocks trading accountMarketRocksOverall Rating for Just2Trade: 4 starsNewcomer 40 Reviews and comments MMn/a400:1$2500
16Register PowerStox trading accountPowerStoxOverall Rating for Just2Trade: 4 stars 119 Reviews and comments MMn/a400:1$2500
17Register FXNovus trading accountFXNovusOverall Rating for Just2Trade: 4 stars 17 Reviews and comments BrokerFSCA400:1$250
18Register Moneta Markets trading accountMoneta MarketsOverall Rating for Just2Trade: 4 starsTrusted 5 Reviews and comments STPFinancial Secto...1000:1$50
19Register Nixse trading accountNixseOverall Rating for Just2Trade: 4 stars 201 Reviews and comments ECNn/a400:1$15000
20Register Fxcess trading accountFxcessOverall Rating for Just2Trade: 4 starsNewcomer 0 Reviews and comments MM, ECN, STPN/A1000:1$10

* Forex Broker Rating accepts no liability for any errors in the information, trading conditions and forex reviews. For the most recent information please visit the Forex Broker's site. If you want to compare several brokers or analyze their trading conditions, please use our free comparison and research tool which will vividly show you the main benefits of the best forex brokers.

MultiBank Group information and reviews
MultiBank Group
84%
XM information and reviews
XM
82%
FP Markets information and reviews
FP Markets
81%
FXTM information and reviews
FXTM
80%
AMarkets information and reviews
AMarkets
79%
BlackBull information and reviews
BlackBull
78%

© 2006-2024 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.