MIG BANK

MIG BANK review Open an account through this page
and get Rebates on each traded lot:
0.35 pip   See all rates
MIG BANK Review

Founded in 2003
License: FINMA

MIG BANK rebatesMIG BANK, formerly known as MIG INVESTMENTS, was constituted in Neuchatel, Switzerland as an on-line Forex broker. Since its establishment in 2003 MIG BANK focuses on on-line Forex trading and keeps its position as a chief Forex and CFDs broker for customers from over 120 countries.

MIG BANK is headquartered in Neuchâtel, Switzerland and like all the other local banks, MIG BANK is under regulation of FINMA (the Swiss Financial Market Supervisory Authority). This independent regulatory body guarantees a high level of integrity of the Swiss banking system and ensures protection of investors and creditors, making them feel more confident. Under this framework, and especially in accord with the Swiss banking act, customers get significant benefits from Swiss banking security standards, which involve privileged deposits per investor in case of the bank’s insolvency.

MIG BANK provides its retail and corporate customers with the round-the-clock opportunities to trade Forex and CFDs on weekdays. MIG BANK’s prime objective is to provide its partners and clients with the most competitive and favourable trading conditions, so they strive to deliver high liquidity, cutting-edge technology and efficient customer service in over 20 languages. With the aim to ensure the highest quality of their financial services MIG BANK is ISO certified for Quality Management & Information Technology Security Standards.
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Calculateyour rebates
Choose your brokerChoose currency pairTrader volume per month (lots)Your rebates per month:
199.5$
* Approximate figure
We pay for each lot you trade at MIG BANK!
Note: To get MIG BANK rebates you have to be a registered member of our website. Once your trading account is opened, add the account details to your profile.

 
MIG BANK Accounts & Instruments

  Account Type Mini account Classic account Advanced account Prime account
  Minimum deposit 2'000 USD - max 10'000 USD 10'000 USD - 50'000 USD 50'000 + USD Large deposit and volume
  Leverage up to 1:500 up to 1:200 up to 1:100 from 1:50
                                                               Instruments
  Forex
  Metals*
  Energies*
  Indices*
71 pairs
Gold, Silver
Oil, Gas
Yes
71 pairs
Gold, Silver
Oil, Gas
Yes
71 pairs
Gold, Silver
Oil, Gas
Yes
71 pairs
Gold, Silver
Oil, Gas
Yes
  Spread from 0.9 pip from 0.8 pip from 0.6 pip from 0.3 pip
  Commission  CFD comission  
  Trade size 0.1 - 100.0 lots (Step - 0.01)  0.1 - 100.0 lots (Step - 0.01) 0.1 - 100.0 lots (Step - 0.01) 1.0 lot
  Order execution Instant execution/NDD   
  Margin Call/Stop Out 100%/2%    
  Account Currency USD, GBP, EUR, JPY, CHF, AUD, CAD
  Platforms MetaTrader 4-5, MIG WEBTRADER, MIG MOBILE TRADING
  Islamic (no swap) accounts Yes (do not exist for TRY pairings)
                                                                   MIG BANK rebates per round turn lot traded
  Forex
  Gold
  Silver
  Energies & Indices
0.35 pip
0.35 pip
0.0007 pip
3.5 USD
0.35 pip
0.35 pip
0.0007 pip
3.5 USD
0.21 pip
0.21 pip
0.0006 pip
2.1 USD
0.07 pip
0.007 pip
0.00014 pip
0.7 USD


Regulatory environment

MIG BANK has a high standard of compliance and quality throughout its organization. As an established Swiss bank, their operations are regulated and supervised by the Swiss Financial Market Supervisory Authority (FINMA). This independent authority protects the clients of financial markets, namely creditors and investors, thereby strengthening confidence in the smooth functioning, competitiveness and integrity of Switzerland’s financial center.
Under this framework, and particularly in accordance with the Swiss Banking Act, clients benefit from Swiss Banking security standards, which include privileged deposits per creditor in case of a bank default. MIG BANK only affiliates itself with minimum AA rated banks and financial institutions and undergoes consistent operational audits throughout the year by KPMG, providing external auditing, and PricewaterhouseCoopers, for internal auditing. These measures help to assure the highest financial reporting quality, transparency and business integrity possible. MIG BANK is ISO certified for Quality Management and Information Security Standards (9001 and 27001), and employs best-practice and continual improvement techniques throughout its organization to ensure sound business operations.
Being situated in one of the world’s most stable financial environments means that MIG BANK clients can take advantage of Swiss economic and financial security standards, most notably Swiss banking privileges.

Deposits & Withdrawals

bank wirecredit card

MIG BANK Sign Up instructions

Ratings:
4.5 out of 5 based on 21 ratings.