7reviews of MIG Bank are presented here. All reviews represent only
their author's opinion which is not necessarily based on the real facts.
krsan2000 from morocco
04/07/2010
they accept paypal
joao neto from brazil
12/10/2009
i use mig for 4 months and is very good.
fast withdrawals. and now is a BANK!
Aaron Cohn from Texas USA
09/26/2009
I've been with MIG a few months now. In my opinion, they are the most honest, credible broker I've ever been with & I've been a refugee from quite a number. As far as I can tell, they don't stop hunt or spike you out of trades. They DO support EAs, though you have to fill out a form to get access. Just as a test, I withdrew a sum of several thousand dollars the other day. The debit from my account took under 6 hours, and the wire to my texas bank account was complete in under 2 days. This efficiency & speed is better than I've encountered in any US broker. One potential problem is they do not allow "scalpers", and they never tell me what that means... is it multiple trades closed in a few minutes, is it the size of the gain you're aiming for... what?! I very much like them as a broker & am interested in staying in their good graces, but I am an auto-trader & a shorter term one at that (15 minutes to several hours trading). Aside from that silly nit, I have no complaints. They are the best broker I've ever had.
rob morton from United Kingdom
04/07/2009
I have had a demo with mig for a few weeks now, but since the end of fridays trading it hasn`t come back on, its now the following tuesday evening, i e-mailed their support twice and got no reply.... bye bye mig. no way could you ever trust a live account with them, i certainly wont.
sheila from canada
11/15/2008
I have been a MIG client for over a year and they offer excellent customer service and decent spreads which they rarely widen. They phoned me from Switzerland one day (lunch time) to fix an issue I had with registration (my fault). It's true that they undergo daily routines which disconnect for a short period. Only once did they have significant network problems (2 hours) and they advised their clients about this. Also one evening when they were down for a few minutes, I didn't get my swap paid. I emailed them and they proptly refunded my account.
Contrary to what a poster wrote below, yes they do offer EAs, I traded with one for a while. However, you need to fill in a form for this to be activated.
They are in the process of opening up a "bank" branch which might be advantageous to their forex clients (I hope so anyway).
One last advantage: well, they're in Switzerland ;-)
Simon Leopold from United States
08/27/2008
MIG is a good broker, for the most part. There is one major issue, however. Their server will go down a few times per day, and sometimes it will be down for more than ten minutes. Being a fund manager myself, this is not reliable enough. Other than this "major" issue, I would rate MIG an 8.5.
To submit your own Forex Broker review for MIG Bank fill the form below.
Your review will be checked by a moderator and published on this page.
By submitting a Forex Broker review to EarnForex.com you approve
that you grant us a right to publish and change this review at no cost and without any warranties.
Reviews with the invalid e-mail address will be rejected.
Please, try to avoid profanity and foul language in the text of your review, or it
will be declined from publishing.
Attention! This is NOT a Broker's contact form. You CAN'T contact MIG Bank
via it. The form below can only be used to post a review of this Broker.