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Forex Broker Ranking Switzerland Based Forex Trading Broker Review

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


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Where is currency broker based

MIG Bank is based in Switzerland its address is:


Avenue d'Ouchy, 4
CH-1006 Lausanne,


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


Is 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

ECN, Electronic Communication Network Interbank market execution of orders.


What are the broker spreads of

The Forex broker spreads are:






2.3 pips


3 pips


2.1 pips


3 pips


Spreads may vary depending on account type and market volatility.

Financial Instruments provided for trading by






What are the account types of online broker

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


Does broker have Islamic Forex Trading Accounts

MIG Bank does not provide Islamic Forex Trading Accounts.


What are the terms for demo trading accounts for

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



How is the withdraw and deposit process of

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.


Recommended Broker


What is the minimum account opening capital for

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



Does give an account opening deposit bonus

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


What is the security and reliability of

What is the Forex broker ratings for security and reliability


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



Does accept scalping

MIG Bank allows forex scalping trading


Does 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 currency broker

MIG Trading Station

MIG Webtrader

MIG mobile trading




Is a MetaTrader 4 Forex broker 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 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 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.


Regulated Broker

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