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Compare Forex Brokers MIG fx - MIG Investments And InstaForex


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Subjective Ratings

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MIG fx - MIG Investments

InstaForex

Charting: Four and Half star Charting Rating Four and Half star Charting Rating
Execution: Three and Half 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 star Customer Support Rating Four and Half star Customer Support Rating
Rollover interest rates: Four star Rollover interest rates Rating Five star Rollover interest rates Rating
Withdrawal processing: Three and Half star Withdrawal processing Rating Four and Half 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

InstaForex

 
Registered Business Name: MIG Investments SA InstaForex Group
Broker Headquarters: Neuchatel, Switzerland Russia
Also has offices in: none none
Regulated By: ARIF (Switzerland) RAFMM (Russian Association of Financial Markets Members
In business since year: 2003 2007
Broker Capital as of 10-2009 Unknown Unknown
Client Account Segregation: No Yes, for accounts of $100,000+
Collect Taxes on Earnings: No No
Prohibit clients from: Yes Yes
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
PayPal $0 $0
Wire Transfer $0 $0
MethodDeposit FeeWithdrawal Fee
AlertPay $0 $0
EuroGoldCash $0 (4% bonus given) $0
Global Digital Pay $0 $0
InstaForex Debit $0 1% + $2
Liberty Reserve $0 $0
Moneybookers $0 $0
PayPal $0 $0
Pecunix .15-.5% (max 3GAU) .15-.5% (max 3GAU)
Perfect Money $0 $0
WebMoney $0 $0
Wire Transfer $0 $25
Main liquidity providers: UBS Unknown

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Trading Details

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MIG fx - MIG Investments

InstaForex

 
Browser platform: none None
Downloadable platform: MIG fx Metatrader 4 (MT4) InstaForex Metatrader 4 (MT4)
Mobile platform: none None
Phone dealing: Yes No
Order processing: Market Maker ECN
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:
Not loaded
Swap-free accounts   No swap-free accounts available   Yes - no extra fees are incurred on Islamic style accounts
Tradeable Instruments: 34    0   
No Dealing Desk Execution: No Not available
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
Fixed spreads: No Yes, fixed under all market conditions.
Guaranteed stop losses? Stop orders executed at best available price. No, all orders are executed at best available price
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
Trading Hours: From Sunday 23:00 CET through Friday 23:00CET  
Timezone CET (Central European Time)  
Scalping allowed: No, scalping strategies are not No
Account currencies available: AUD, CAD, CHF, EUR, GBP, JPY, USD EUR, RUB, 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 English
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
Demo account: 90 days Unlimited
Live chat support: Yes During market hours
Interest on Margin: No 13% on unused margin
Promotions & tournaments: Professional Accounts receive a rebaate of $1.5 per lot round turn.  

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