MIG Investments - Forex Broker Review

Have you used this broker? Send us your review and be featured on this website!

MIG Investments have been online since 2003. They are a leading online Swiss forex broker, audited by KPMG and regulated by the Swiss Federal Department of Finance. They are a member of ARIF (l’Association Romande des Intermédiaires Financiers), which is found in Geneva. They mainly fight against Money Laundering.

To open an account with this broker, you will need a minimum of $5000 and their only payment option is via wire transfer...they need to keep up with technology! They offer leverage of up to 1:200 and the option of trading with a minimum lot size of 0.01. They have very tight spreads of 1-2 pips for standard accounts and 1 pip for institutional ones on most of the currency pairs. They have a multilingual customer service that may come handy for sure and a commission free trading with no maintenance margin and margin calls. They have three different accounts, a standard, a professional and an institutional one.

A point of interest of this broker is that they are used by a lot of institutional organizations and fund managers. They also have a team of experts with nearly over 80 years of combined experience that delivers market research to its clients. They thrive to offer a secure and reliable trading environment for all customers. They are affiliated with highly respected Swiss and European financial institutions and also with AA rated banks.

Some of the disadvantages of this broker is the high account minimum that you need to be one of their customers. They lack a good payment system as opening an account with them turns out to be fairly complicated. This broker does not support expert advisors and their platform tends to go down a few times through out the day.

On the overall, they are reputable broker but many inconvenient flaws.

Top of: MIG Investments Broker Review Page

Back to: Forex Brokers Page

Back to: Forex Trading Domain Homepage