MIG Bank Forex Broker

MIG Bank forex broker was established in the year 2003 and is a Swiss company which is well regulated and provides its customer the experience of trading in the Foreign Exchange as well as the Bullion market. The aim of the company is to provide the best possible service to their clients in the forex market and to become the world number 1 forex broker with the help of their trading platform Meta Trader 4. Their trading platform is the most renowned trading platform in the forex market. The platform is available to the customer in 21 languages which makes it easy to be used and above all the company also offers a help guide. They have the facility of putting the order of the trade via telephone. Islamic accounts are available to the Muslim traders following Islamic laws on trading. Some other features include trailing stops, pending orders, mobile trading and automated trading. The deposit and withdrawal of funds can only be done using PayPal and wire transfers. They allow their traders to have 10 different types of currencies in their account. Also they offer 71 currency pairs to trade in which include the entire major and a few exotic pairs.

The demo account with Meta Trader 4 as the trading platform is limited to 30 days use. The real trading accounts are of four types and the minimum deposit required to open an account with them is $2000. Their website as well as customer support service is multilingual and is available in 12 and 18 languages respectively. Their service is prompt; responsive at the same time is very friendly. The trading instruments include CFD, Gold & Silver along with forex and each has a leverage of 1:100. They do allow traders from United States to do trading from their account.

When looking for a company to trade with you looks out for many features and one among them is to know whether the company is regulated. MIG Bank is a well regulated company and is liked by many traders for its reliability. The reviews for the company are very positive and most of the traders like the fact that they offer 71 currency pairs to trade in which include most of the major pairs and a few exotic pairs. The other feature liked by many traders is that they allow 10 different currencies in the account. Their website and customer support service is excellent and is multilingual, a feature loved by many traders as it helps better communication. Many traders from United States love the broker as it allows them to trade from their account. A few cons mentioned in the reviews is that they have very limited payment modes and that the minimum deposit required to open an account with them is $2000. The maximum leverage on the trading instruments is 1:100 and is also a concern for many. The average rating given to the company by its users is 6.0 out of 10 and is a pretty good score.

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