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Compare Forex Brokers CKfx And MIG fx - MIG Investments


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Subjective Ratings

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CKfx

MIG fx - MIG Investments

Charting: Four star Charting Rating Four and Half star Charting Rating
Execution: Four star Execution Rating Three and Half star Execution Rating
Transaction costs (spreads): Three star Transaction Costs (spreads) Rating Four star Transaction Costs (spreads) Rating
User-friendliness: Four star User-friendliness Rating Four and Half star User-friendliness Rating
Platform Functionality: Four star Platform Functionality Rating Four star Platform Functionality Rating
Platform Reliability: Four star Platform Reliability Rating Four star Platform Reliability Rating
Customer support: Three and Half star Customer Support Rating Four star Customer Support Rating
Rollover interest rates: Three star Rollover interest rates Rating Four star Rollover interest rates Rating
Withdrawal processing: Four star Withdrawal processing Rating Three and Half star Withdrawal processing Rating
Average rating: Three and Half star Average Rating Four star Average Rating

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Business Details

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CKfx

MIG fx - MIG Investments

 
Registered Business Name: CKFX MIG Investments SA
Broker Headquarters: Cyprus Neuchatel, Switzerland
Also has offices in: None none
Regulated By: Unregulated - awaiting FSA approval through Forex Yard ARIF (Switzerland)
In business since year:   2003
Broker Capital as of 01-1970   Unknown
Client Account Segregation: HSBC (London) No
Collect Taxes on Earnings: No No
Prohibit clients from: Yes Yes
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
Diners Club $0 $0 (Standard) or $10
MasterCard/Maestro $0 $0 (Standard) or $10
Visa $0 $0 (Standard) or $10
Wire Transfer $0 $0 (Standard) or $25
MethodDeposit FeeWithdrawal Fee
PayPal $0 $0
Wire Transfer $0 $0
Main liquidity providers: Unknown UBS

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Trading Details

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CKfx

MIG fx - MIG Investments

 
Browser platform: ForexYard Trading Station (Java - MAC compatible) none
Downloadable platform: Forex Yard Trading Station MIG fx Metatrader 4 (MT4)
Mobile platform: ForexYard Trading Station (Java - MAC compatible) none
Phone dealing: Yes Yes
Order processing: Market Maker Market Maker
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Standard Account 200:1* $1,000/unlimited 10,000/5,000,000
SuperMini Account 200:1* $100/$999 ($1,000+ automatic u $1,000/unlimited
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Institutional Account 100:1* $500,000/unlimited 10,000/20,000,000
Standard Account 200:1* $5,000/unlimited 10,000/20,000,000
Professional Account 100:1* $100,000/unlimited 10,000/20,000,000
Swap-free accounts   No swap-free accounts available   No swap-free accounts available
Tradeable Instruments: 30    34   
No Dealing Desk Execution: No No
Typical spread on EUR/USD: 3 pips (0.0003) 2 pips (0.0002) on Standard and Professional Accounts. 1 pip (0.0001) on Institutional Accounts.
Fixed spreads: Yes No
Guaranteed stop losses? Yes (some restrictions apply) Stop orders executed at best available price.
Trailing Stops: Client-side Client-side
OCO orders available: Yes No
If/then orders available: No No
Hedging capability: No Yes
Automated Trading: No Yes
Trading Hours: Sunday 21:00GMT to Friday 20:00GMT From Sunday 23:00 CET through Friday 23:00CET
Timezone   CET (Central European Time)
Scalping allowed: No No, scalping strategies are not
Account currencies available: USD AUD, CAD, CHF, EUR, GBP, JPY, USD
Platform languages: Arabic, Chinese, English, Finnish, French, German, Hebrew Arabic, Bulgarian, Czech, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Slovak, Spanish, Traditional Chinese, Turkish
Support languages: Arabic, English, Finnish, French, German, Spanish, Swedish Afrikaans, Arabic, Cantonese, Czech, Danish, English, French, German, Greek, Hindi, Indonesian, Italian, Japanese, Korean, Malay, Mandarin, Norwegian, Polish, Portuguese, Russian, Slovak, Spanish, Swedish, Turkish, Ukrainian, Urdu
Demo account: 30 days 90 days
Live chat support: Yes Yes
Interest on Margin: No No
Promotions & tournaments: Open a demo account and keep your profits when you change over to a real account (up to EUR300). Professional Accounts receive a rebaate of $1.5 per lot round turn.

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