Press releases
Important notice for clients about leverage
As explained to you in our Risk Disclosure, using leverage amplifies the effects of market movements on your capital. While using higher leverage can increase your potential profits, it may also significantly increase your potential losses. If the market price moves in the opposite direction of what you believed would happen, leverage will greatly amplify your potential losses.
Clients may request MIG BANK to decrease the default leverage (preset leverage) anytime on each account used on the trading platform.
If you wish to modify your existing leverage rate on any of your account(s), you are kindly invited to fill a Leverage Setup Request form for each account and to send it back to MIG BANK.
According to MIG BANK’s General Terms and Conditions, MIG BANK will always have the right to accept or reject the leverage requested or to change leverage if we deem necessary.
MIG BANK would like to inform you that from the 15th of September 2011, MIG BANK will no longer automatically change your leverage conditions according to your deposit and withdrawal as previously stated on our website.
At the end of the working day of the 14th September 2011 the leverage set on Client accounts will remain the same.
This will also be the case with new deposits or withdrawals on your account, unless you request for an update, or if MIG BANK changes it as per its Terms and Conditions. Attorneys are authorized to request updates on Client account leverage for MIG BANK Clients who have signed a Limited Power of Attorney.
We require you to take note of these important changes.
Please do not hesitate to contact us anytime for any further information or assistance.
Thanking you in advance.
Regulated by the Swiss Financial Market Supervisory Authority (FINMA) | Fed. Reg. No. CH-645-4096536-3
Nothing contained on this website constitutes a solicitation or offer, or recommendation, to acquire or dispose of any investment or to engage in any other transaction. Not all products will be available to all investors. The products or services of MIG BANK Ltd are only offered to clients in those countries and regions with applicable laws and regulations. The products and services referred to on this website may not be available or eligible for sale to residents of certain countries or certain categories of investors. FX and CFD trading may be subject to restrictions in different countries. The information contained herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. This website is not intended for use by any person in any jurisdiction where the publication or availability of our services is prohibited, by reason of that person’s nationality, residence or otherwise. Persons under these restrictions must not use this website. Some services may not be available to certain investors due to regulatory or other constraints. You should take appropriate advice from a suitably qualified professional adviser in the country in which you reside or do business in order to find out if any restrictions are applicable. You are advised that most services are only available following completion of the MIG BANK contractual documentation. Investment in FX and CFD involves a high degree of risk to your money. Before investing in the FX and/or CFD market you should be aware of the risks involved due to the fluctuation in the value of such commodities' prices, which can cause fluctuations in the value of your investment. Any type of market or trade speculation that can yield an unusually high return on investment is subject to unusually high risks. FX and CFD trading may give rise to large losses within a relatively short period of time that may be attributed to adverse market movements or to position build-up. Before deciding to enter into FX and/or CFD trading, you should carefully consider your investment objectives, level of experience, and risk appetite. FX and CFD trading are not suitable for everyone. You should only invest in FX and/or CFD trading the portion of your own assets you are disposed to lose entirely. In this respect, only your surplus funds should be placed at risk and anyone who does not have such surplus should imperatively avoid engaging in FX and/or CFD trading. In particular, you should not engage money you cannot afford to lose. You should immediately contact any independent financial advisor and request any necessary information in case of doubts on the risks related to FX and CFD trading. Please read the full disclaimer.
Site Map | Disclaimer | Privacy Policy
Copyright 2012 M I G BANK