MIG Bank
MIG Bank
Unlike some offshore forex brokers like UFX that pretend to be banks, MIG Bank is 100% real Swiss
bank, regulated by Swiss Financial Market Supervisory Authority (FINMA) and audited by KPMG and
PricewaterhouseCoopers. Seems this is not enough to satisfy the MIG’s strive for legitimacy and
the bank became partner of the Mercedes GP Petronas Formula 1 Team and supports the 7 times
Formula 1 champion Michael Schumacher.
MIG bank is proud of its Fully Transparent Dealing model. The bank aggregates liquidity from 15
liquidity providers like Bank of America, Barclays, BNP Paribas, Citibank, Credit Suisse and UBS. MIG
bank identifies the best available price and fills your order with no dealer or human intervention.
Liquidity pool is the same for all MIG’s accounts, but depending on your account type, you pay
certain fixed mark-up for each currency pair. For example the fixed markup on EUR/USD is 0.9 pips
on Mini account, 0.8 pips on Classic account, 0.6 pips on Advanced account, and just 0.3 pips on
Prime account.
I really recommend MIG bank because of the Swiss regulation, security of funds and transparency.
MIG Bank – Rating, Comments and Review