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Subjective Ratings

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Fast Brokers

MIG fx - MIG Investments

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

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Business Details

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Fast Brokers

MIG fx - MIG Investments

 
Registered Business Name: Fast Trading Services LLC MIG Investments SA
Broker Headquarters: Glendale, California, USA Neuchatel, Switzerland
Also has offices in: None none
Regulated By: NFA (ID#: 0342002)
CFTC Registered
ARIF (Switzerland)
In business since year: 2004 2003
Broker Capital as of 07-2009 Unknown Unknown
Client Account Segregation: Yes (some restrictions apply) No
Collect Taxes on Earnings: No No
Prohibit clients from: Yes Yes
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
BPS Electronic Funds $0 $0
Check $0 $0
Credit Card $0 $0
PayPal $0 $0
Wire Transfer $0 $0
MethodDeposit FeeWithdrawal Fee
PayPal $0 $0
Wire Transfer $0 $0
Main liquidity providers: Currenex®, Integral®, Fortex®, Stonex UBS

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Trading Details

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Fast Brokers

MIG fx - MIG Investments

 
Browser platform: Fast Brokers Currenex Java Classic none
Downloadable platform: PathFinder Trader™ MIG fx Metatrader 4 (MT4)
Mobile platform: Coming Soon none
Phone dealing: Yes Yes
Order processing: DMA to multiple ECNs Market Maker
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Pathfinder FUTURES N/A €/$2,500/unlimited 1 lot
Pathfinder Trader ECN2 50:1* $100,000/unlimited 100,000/unlimited
Pathfinder Trader non-US 200:1* €2,500/unlimited 10,000/unlimited
Pathfinder Trader US ECN 50:1* $2,500/unlimited 10,000/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   Yes - no extra fees are incurred on Islamic style accounts   No swap-free accounts available
Tradeable Instruments: 21    34   
No Dealing Desk Execution: There is no dealing desk intervention No
Typical spread on EUR/USD: 0.4 pips (0.00004) on ECN2 feed 2 pips (0.0002) on Standard and Professional Accounts. 1 pip (0.0001) on Institutional Accounts.
Fixed spreads: Fixed spreads on Retail Accounts. Floating spreads on Pro and ECN Accounts. No
Guaranteed stop losses? No, orders are executed at best available price. Stop orders executed at best available price.
Trailing Stops: Client-side Client-side
OCO orders available: Yes No
If/then orders available: Yes No
Hedging capability: Yes, a workaround to the NFA FIFO rule is in place, using separate feeds.. Yes
Automated Trading: Yes Yes
Trading Hours: Sunday 5.00 PM to Friday 04.00 PM EST From Sunday 23:00 CET through Friday 23:00CET
Timezone User defined CET (Central European Time)
Scalping allowed: Yes, without restrictions No, scalping strategies are not
Account currencies available: CHF, EUR, GBP, USD AUD, CAD, CHF, EUR, GBP, JPY, USD
Platform languages: Many 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: Armenian, Chinese, English, French, German, Indonesian, Italian, Persian, Portuguese, Spanish 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: 24/5 Yes
Interest on Margin: No No
Promotions & tournaments: None Professional Accounts receive a rebaate of $1.5 per lot round turn.

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