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Compare Forex Brokers MIG fx - MIG Investments And AskOBid


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Subjective Ratings

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MIG fx - MIG Investments

AskOBid

Charting: Four and Half star Charting Rating Four and Half star Charting Rating
Execution: Three and Half star Execution Rating Five 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 Five star Platform Reliability Rating
Customer support: Four star Customer Support Rating Four star Customer Support Rating
Rollover interest rates: Four star Rollover interest rates Rating Four star Rollover interest rates Rating
Withdrawal processing: Three and Half star Withdrawal processing Rating Four star Withdrawal processing Rating
Average rating: Four star Average Rating Four and Half star Average Rating

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Business Details

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MIG fx - MIG Investments

AskOBid

 
Registered Business Name: MIG Investments SA O.C.M. Online Capital Markets Ltd.
Broker Headquarters: Neuchatel, Switzerland Limassol, Cyprus
Also has offices in: none none
Regulated By: ARIF (Switzerland) CySEC
In business since year: 2003 2010
Broker Capital as of 10-2009 Unknown Unknown
Client Account Segregation: No Yes - funds held at Marfin Popular Bank, Cyprus
Collect Taxes on Earnings: No No
Prohibit clients from: Yes No
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
PayPal $0 $0
Wire Transfer $0 $0
MethodDeposit FeeWithdrawal Fee
4B Debit
AMEX
Carta Si
Carte Bleue
Dankort Debit
Delta Debit
Diners Club
EC
eNETS
ePay.bg
EPS
Euro6000 Debit
giropay
iDEAL
JCB
Laser Debit
MasterCard/Maestro
Moneybookers
Netelis Asia
Nordea
POLi
Postepay
Przelewy24
Sofort
Solo Debit
UnionPay
Visa
Visa Electron
Westpac (WBK)
Wire Transfer
Main liquidity providers: UBS Unknown

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Trading Details

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MIG fx - MIG Investments

AskOBid

 
Browser platform: none AskOBid Trader (Tradorz)
Downloadable platform: MIG fx Metatrader 4 (MT4) AskOBid Metatrader 4 (MT4)
Mobile platform: none AskOBid Trader (Tradorz)
Phone dealing: Yes Yes
Order processing: Market Maker Market Maker
Account Types
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
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Platinum Account 200:1* $10,001/unlimited 100,000/30,000,000 units
Silver Account 200:1* $100/$1,000 5,000/500,000 units
Gold Account 200:1* $1,001/$10,000 25,000/5,000,000 untis
Swap-free accounts   No swap-free accounts available   No swap-free accounts available
Tradeable Instruments: 34    48   
No Dealing Desk Execution: No Depending on risk profile
Typical spread on EUR/USD: 2 pips (0.0002) on Standard and Professional Accounts. 1 pip (0.0001) on Institutional Accounts. 3 pips (0.0003) FIXED (depending on account type)
Fixed spreads: No Yes
Guaranteed stop losses? Stop orders executed at best available price. Yes, stop loss orders are guaranteed against slippage.
Trailing Stops: Client-side Client-side
OCO orders available: No No
If/then orders available: No No
Hedging capability: Yes Yes
Automated Trading: Yes Yes, on MT4
Trading Hours: From Sunday 23:00 CET through Friday 23:00CET Sunday 21:00 PM GMT to Friday 21:00 PM GMT
Timezone CET (Central European Time) GMT
Scalping allowed: No, scalping strategies are not Yes on MT4, but not on AskOBid platform (2 min. required between open & close)
Account currencies available: AUD, CAD, CHF, EUR, GBP, JPY, USD USD
Platform languages: 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 Arabic, Bulgarian, Czech, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Spanish, Traditional Chinese, Turkish
Support languages: 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 English, French, German, Portuguese, Spanish, Turkish
Demo account: 90 days 21 days
Live chat support: Yes Yes - polite but not particularly knowledgeable
Interest on Margin: No No
Promotions & tournaments: Professional Accounts receive a rebaate of $1.5 per lot round turn. 10% deposit bonus on Silver Accounts, 15% on Gold, 30% on Platinum!

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