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MIGbank.com Switzerland Based Forex Trading Broker Review

Below is a Forex review of online forex broker MIGbank.com. MIGbank.com broker is based in Switzerland. Below is a list of the most common review questions that traders ask about this online forex broker.

 

Forex Broker reviews - Forex Reviews of MIGbank.com

 

 

Where is MIGbank.com currency broker based

MIG Bank is based in Switzerland its address is:

 

Avenue d'Ouchy, 4
CH-1006 Lausanne,

Switzerland.

MIG Bank is also based and has offices in UK and Hong Kong

 

Is MIGbank.com a licensed and regulated Forex broker

Review details of the license, registration and regulation of this FX broker can be found on the brokers’ website.

MIG Bank is regulated in Switzerland by Swiss Financial Market Supervisory Authority, FINMA

 

What is the execution method of MIGbank.com

ECN, Electronic Communication Network Interbank market execution of orders.

 

What are the broker spreads of MIGbank.com

The Forex broker spreads are:

 

Spreads

Currency

Spread

EURUSD

2.3 pips

GBPUSD

3 pips

USDJPY

2.1 pips

USDCHF

3 pips

 

Spreads may vary depending on account type and market volatility.

Financial Instruments provided for trading by MIGbank.com

Currencies

Options

CFDs

Futures

 

What are the account types of MIGbank.com online broker

  • Explorer Account
  • Standard Account
  • Advanced Account
  • Advanced+ Account
  • Prime Account

 

Does MIGbank.com broker have Islamic Forex Trading Accounts

MIG Bank does not provide Islamic Forex Trading Accounts.

 

What are the terms for demo trading accounts for MIGbank.com

MIG Bank provides a $100,000 dollar trading demo account for practice forex trading.

 

 

How is the withdraw and deposit process of MIGbank.com

Bank wire and Paypal deposit and withdraw methods are provided by MIG bank.

 

Minimum Paypal deposit amount is $500

Maximum Paypal deposit amount is $10,000.

Paypal transfers are charged 3% fees, (to cover charges by Paypal)

Bank wire deposit does not include any charges.

 

CFD Trading and Forex Trading

 

What is the minimum account opening capital for MIGbank.com

  • Explorer Account - $1,000
  • Standard Account - $10,000
  • Advanced Account - $100,000
  • Advanced+ Account - $250,000
  • Prime Account - $250,000

 

 

Does MIGbank.com give an account opening deposit bonus

No, MIG Bank does not provide an account opening deposit bonus.

 

What is the security and reliability of MIGbank.com

What is the Forex broker ratings for MIGbank.com security and reliability

 

MIG Bank is regulated by FINMA and has a very high security and reliability of deposited funds.

 

 

Does MIGbank.com accept scalping

MIG Bank allows forex scalping trading

 

Does MIGbank.com give free traders education to currency traders

This broker provides learn currency trading education for learn trading online.

 

MIG Bank provides a learn forex trading section where traders can learn how to trade currencies, technical analysis, fundamental analysis, introduction to foreign exchange market tutorials and about leverage and margin.

 

What are the trading platforms of MIGbank.com currency broker

MIG Trading Station

MIG Webtrader

MIG mobile trading

MetaTrader4

Metatrader5

 

Is MIGbank.com a MetaTrader 4 Forex broker

MIGbank.com provides MetaTrader 4 software which is the best Forex trading platform according to traders reviews.

 

This trading platform MetaTrader 4 can be downloaded from the broker’s website.

 

 

Does MIGbank.com allow automated forex trading

The broker automated trading policy on automated currency trading is:

 

MIG Bank allows Expert Advisors automated forex trading on their metatrader4 and metatrader5 platforms.

 

What are MIGbank.com broker website sections

The website sections of this trade broker are:

 

Forex Trading Accounts Section: where traders will find information about accounts such as demo practice account and live accounts provided by this currency broker. Traders wanting to start trading can open an account from this section.

 

Contact Section: there is a section of contacts for this fx trading broker, where an fx trader can contact this online broker.

 

Forex Trading Platforms Section: this section provides trade platforms where a trader can choose one for trading online.

 

Resource center for information about MIG Bank and its services.


Research and analysis section for daily foreign exchange market analysis, weekly reports and investment strategies.


Forex tools: pip calculator, profit calculator and margin calculator.

 

Tight Spreads - EURUSD: as low as 0.1 pips, GBPUSD: as low as 0.1 pips, USDJPY: as low as 0.1 pips Choose Tight Spreads Account

CFDs Trading and Forex Trading

Regulated Broker

Up To $5K Bonus

Forex Account Opening Bonus

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