Forex and bullions
En MIG BANK apuntamos a ser el broker líder a nivel mundial al ofrecerle las mejores condiciones de trading. Uno de nuestros objetivos primordiales es asegurarnos que sus órdenes sean ejecutadas al mejor precio de mercado y obtenga los mejores spreads. Usted puede elegir el tipo de cuenta que más se adapte a lo que busca y cuanto mayor sea el monto de la misma, accederá a condiciones de trading más competitivas aún. Independientemente del tipo de cuenta que posea, sus órdenes son siempre ejecutadas al mejor precio de mercado en mili segundos, accediendo así a los mayores niveles de liquidez ofrecidos por nuestros proveedores. Todos nuestros clientes se benefician de una propuesta de negociación transparente, que implica que todas sus órdenes sean ejecutadas al mejor precio de mercado disponible. El mejor precio de mercado significa considerar el precio de compra más elevado y el precio de venta más bajo que aparece en nuestra tabla de precios; estos precios de compra-venta no son necesariamente obtenidos del mismo proveedor de liquidez. Cabe destacar que no manipulamos los precios ni ampliamos los spreads. Tampoco ofrecemos ningún spread fijo o proyectado ya que le proporcionamos a usted los más ajustados, al igual que los mejores precios de mercado que obtenemos para ejecutar sus órdenes. Sólo aplicamos nuestro margen de beneficio sobre el mejor precio de mercado disponible al momento de ejecutar su orden y es por este motivo que se define como margen de beneficio por operación. Nuestro margen de beneficio depende del par que elija operar y de su tipo de cuenta. Todos los márgenes de beneficio son transparentes y publicados en la tabla que a continuación se presenta. Lo invitamos a que vea a continuación los detalles de nuestras condiciones de trading. Asimismo no dude en contactarse con nosotros ya sea para realizar cualquier consulta o abrir una cuenta con MIG BANK.
| Tipos de cuentas ⇒ | MINI | CLÁSICA | AVANZADA | PRIME | ||
| Pares | Máximo de lotes por operación | Swaps corto/largo (sujeto a cambios sin previo aviso) | Margen de beneficio por operación (pip) / Margen inicial* (% de la moneda base) | |||
| CURRENCY PAIRS | ||||||||||||
| EURUSD | 100 | 0.18 | -0.99 | 0.9 | 1% | 0.8 | 1% | 0.6 | 1% | 0.3 | 2% | |
| USDJPY | 100 | -0.66 | 0.27 | 0.9 | 1% | 0.8 | 1% | 0.6 | 1% | 0.3 | 2% | |
| AUDUSD | 100 | -13.53 | 10.71 | 1.5 | 1% | 1.2 | 1% | 1 | 1% | 0.7 | 2% | |
| GBPUSD | 100 | -1.65 | 0.90 | 1.2 | 1% | 1 | 1% | 0.8 | 1% | 0.5 | 2% | |
| USDCHF | 100 | -1.65 | 0.54 | 1.2 | 1% | 1 | 1% | 0.8 | 1% | 0.5 | 2% | |
| USDCAD | 100 | 1.53 | -3.41 | 1.8 | 1% | 1.3 | 1% | 1.1 | 1% | 0.8 | 2% | |
| EURGBP | 100 | 0.63 | -1.21 | 1 | 1% | 0.8 | 1% | 0.6 | 1% | 0.3 | 2% | |
| EURCHF | 100 | -0.99 | 0.36 | 1.3 | 1% | 1.1 | 1% | 0.9 | 1% | 0.6 | 2% | |
| EURJPY | 100 | -0.55 | 0.09 | 1.4 | 1% | 1.1 | 1% | 0.9 | 1% | 0.6 | 2% | |
| CADJPY | 50 | -0.24 | 0.17 | 2.4 | 1% | 2 | 1% | 1.5 | 1% | 1 | 2% | |
| CHFJPY | 50 | 0.01 | -0.06 | 2.4 | 1% | 2 | 1% | 1.5 | 1% | 1 | 2% | |
| NZDUSD | 50 | -0.61 | 0.46 | 2.9 | 1% | 2.5 | 1% | 2 | 1% | 1.5 | 2% | |
| AUDJPY | 50 | -1.19 | 0.94 | 2.8 | 1% | 2.4 | 1% | 1.9 | 1% | 1.4 | 2% | |
| GBPCHF | 50 | -0.29 | 0.19 | 2.9 | 1% | 2.5 | 1% | 2 | 1% | 1.5 | 2% | |
| NZDJPY | 50 | -0.55 | 0.41 | 2.8 | 1.5% | 2.4 | 1.5% | 1.9 | 1.5% | 1.4 | 3% | |
| EURCAD | 50 | 0.24 | -0.34 | 2.4 | 1% | 2 | 1% | 1.5 | 1% | 1 | 2% | |
| AUDCHF | 50 | -1.32 | 1.04 | 2.6 | 1% | 2.2 | 1% | 1.7 | 1% | 1.2 | 2% | |
| NZDCAD | 50 | -0.44 | 0.32 | 2.4 | 1.5% | 2 | 1.5% | 1.5 | 1.5% | 1 | 3% | |
| AUDCAD | 50 | -1.14 | 0.89 | 3.4 | 1% | 3 | 1% | 2.5 | 1% | 2 | 2% | |
| EURAUD | 50 | 1.36 | -1.72 | 2.4 | 1% | 2 | 1% | 1.5 | 1% | 1 | 2% | |
| GBPCAD | 50 | 0.14 | -0.22 | 2.7 | 1% | 2.3 | 1% | 1.8 | 1% | 1.3 | 2% | |
| GBPAUD | 50 | 1.49 | -1.87 | 2.4 | 1% | 2 | 1% | 1.5 | 1% | 1 | 2% | |
| GBPJPY | 100 | -2.09 | 1.26 | 3.7 | 1% | 3.3 | 1% | 2.6 | 1% | 1.8 | 2% | |
| CADCHF | 30 | -0.30 | 0.21 | 4 | 1% | 3.4 | 1% | 2.7 | 1% | 1.9 | 2% | |
| NZDCHF | 30 | -0.62 | 0.47 | 4 | 1.5% | 3.4 | 1.5% | 2.7 | 1.5% | 1.9 | 3% | |
| EURNZD | 30 | 0.96 | -1.24 | 5.5 | 1.5% | 4.9 | 1.5% | 4.2 | 1.5% | 3.4 | 3% | |
| AUDNZD | 30 | -1.00 | 0.32 | 4.5 | 1.5% | 3.9 | 1.5% | 3.2 | 1.5% | 2.4 | 3% | |
| EURTRY | 50 | 5.22 | -7.22 | 3.4 | 1.5% | 3 | 1.5% | 2 | 1.5% | 1 | 3% | |
| GBPTRY | 50 | 5.99 | -8.31 | 3.4 | 1.5% | 3 | 1.5% | 2 | 1.5% | 1 | 3% | |
| TRYJPY | 50 | -1.44 | 1.03 | 3.4 | 1.5% | 3 | 1.5% | 2 | 1.5% | 1 | 3% | |
| USDTRY | 50 | 3.86 | -5.35 | 3.4 | 1.5% | 3 | 1.5% | 2 | 1.5% | 1 | 3% | |
| GBPNZD | 50 | 0.97 | -1.27 | 4 | 1.5% | 3.6 | 1.5% | 2.6 | 1.5% | 1.6 | 3% | |
| CADSGD | 30 | -0.40 | 0.16 | 3.8 | 1.5% | 3 | 1.5% | 2 | 1.5% | 1 | 3% | |
| EURDKK | 30 | 0.05 | -0.75 | 3.8 | 1.5% | 3 | 1.5% | 2 | 1.5% | 1 | 3% | |
| SGDJPY | 30 | -0.08 | 0.03 | 3.8 | 1.5% | 3 | 1.5% | 2 | 1.5% | 1 | 3% | |
| USDSGD | 30 | -0.17 | 0.05 | 3.8 | 1.5% | 3 | 1.5% | 2 | 1.5% | 1 | 3% | |
| USDHKD | 30 | -0.64 | 0.13 | 3.8 | 4% | 3 | 4% | 2 | 4% | 1 | 8% | |
| CHFSGD | 30 | 0.09 | -0.20 | 3.8 | 1.5% | 3 | 1.5% | 2 | 1.5% | 1 | 3% | |
| NOKSEK | 30 | 0.03 | -0.44 | 3.8 | 1.5% | 3 | 1.5% | 2 | 1.5% | 1 | 3% | |
| EURSGD | 30 | 0.10 | -0.21 | 3.8 | 1.5% | 3 | 1.5% | 2 | 1.5% | 1 | 3% | |
| NOKJPY | 30 | -0.13 | 0.05 | 7.7 | 1.5% | 6.9 | 1.5% | 5.9 | 1.5% | 4.9 | 3% | |
| SEKJPY | 30 | -0.70 | 0.50 | 3.8 | 1.5% | 3 | 1.5% | 2 | 1.5% | 1 | 3% | |
| NZDSGD | 30 | -0.85 | 0.56 | 3.8 | 1.5% | 3 | 1.5% | 2 | 1.5% | 1 | 3% | |
| GBPSGD | 30 | -0.37 | 0.06 | 3.8 | 1.5% | 3 | 1.5% | 2 | 1.5% | 1 | 3% | |
| USDDKK | 30 | -0.50 | 0.21 | 8.2 | 4% | 7.4 | 4% | 6.4 | 4% | 5.4 | 8% | |
| EURHKD | 30 | -1.21 | 0.51 | 13.9 | 1.5% | 12.9 | 1.5% | 10.4 | 1.5% | 7.9 | 3% | |
| EURNOK | 30 | 2.65 | -3.78 | 11 | 1.5% | 10 | 1.5% | 7.5 | 1.5% | 5 | 3% | |
| EURSEK | 30 | 3.30 | -4.69 | 14.4 | 1.5% | 13.4 | 1.5% | 10.9 | 1.5% | 8.4 | 3% | |
| USDNOK | 30 | 1.74 | -2.75 | 11 | 4% | 10 | 4% | 7.5 | 4% | 5 | 8% | |
| NZDDKK | 30 | -3.48 | 2.39 | 11 | 1.5% | 10 | 1.5% | 7.5 | 1.5% | 5 | 3% | |
| CHFNOK | 30 | 0.92 | -4.95 | 11 | 1.5% | 10 | 1.5% | 7.5 | 1.5% | 5 | 3% | |
| CHFPLN | 30 | 3.43 | -4.69 | 11 | 1.5% | 10 | 1.5% | 7.5 | 1.5% | 5 | 3% | |
| EURCZK | 30 | 0.13 | -0.32 | 11 | 1.5% | 10 | 1.5% | 7.5 | 1.5% | 5 | 3% | |
| EURHUF | 30 | 3.57 | -5.37 | 11 | 1.5% | 10 | 1.5% | 7.5 | 1.5% | 5 | 3% | |
| USDCZK | 30 | 0.05 | -0.17 | 11 | 4% | 10 | 4% | 7.5 | 4% | 5 | 8% | |
| USDPLN | 30 | 2.86 | -3.93 | 18.4 | 4% | 17.4 | 4% | 14.9 | 4% | 12.4 | 8% | |
| USDHUF | 30 | 2.63 | -3.94 | 11 | 4% | 10 | 4% | 7.5 | 4% | 5 | 8% | |
| SGDHKD | 30 | -0.48 | 0.05 | 11 | 1.5% | 10 | 1.5% | 7.5 | 1.5% | 5 | 3% | |
| EURPLN | 30 | 3.94 | -5.36 | 20.4 | 1.5% | 19.4 | 1.5% | 16.9 | 1.5% | 14.4 | 3% | |
| USDSEK | 30 | 2.11 | -3.42 | 11 | 4% | 10 | 4% | 7.5 | 4% | 5 | 8% | |
| GBPDKK | 30 | -1.10 | 0.13 | 11 | 1.5% | 10 | 1.5% | 7.5 | 1.5% | 5 | 3% | |
| GBPHUF | 30 | 3.95 | -6.02 | 11 | 1.5% | 10 | 1.5% | 7.5 | 1.5% | 5 | 3% | |
| USDMXN | 30 | 9.77 | -17.13 | 11 | 4% | 10 | 4% | 7.5 | 4% | 5 | 8% | |
| HKDJPY | 30 | -0.78 | 0.07 | 25.9 | 1.5% | 24.9 | 1.5% | 22.4 | 1.5% | 19.9 | 3% | |
| GBPPLN | 30 | 4.25 | -5.86 | 29.4 | 1.5% | 28.4 | 1.5% | 25.9 | 1.5% | 23.4 | 3% | |
| GBPNOK | 30 | 2.19 | -3.63 | 11 | 1.5% | 10 | 1.5% | 7.5 | 1.5% | 5 | 3% | |
| GBPSEK | 30 | 2.98 | -4.37 | 11 | 1.5% | 10 | 1.5% | 7.5 | 1.5% | 5 | 3% | |
| NZDSEK | 30 | -1.58 | 0.92 | 11 | 1.5% | 10 | 1.5% | 7.5 | 1.5% | 5 | 3% | |
| EURZAR | 20 | 13.03 | -17.02 | 22.5 | 4% | 20 | 4% | 15 | 4% | 10 | 8% | |
| USDZAR | 20 | 9.58 | -12.46 | 30.9 | 4% | 28.4 | 4% | 23.4 | 4% | 18.4 | 8% | |
| CHFHUF | 30 | 3.09 | -4.62 | 11 | 1.5% | 10 | 1.5% | 7.5 | 1.5% | 5 | 3% | |
| BULLIONS | ||||||||||||
| XAUUSD | 20 | 0.85 | -3.80 | 2 | 2.5% | 1.5 | 2.5% | 1.2 | 2.5% | 1 | 5% | |
| XAGUSD | 10 | 0.08 | -12.20 | 2.5 | 5% | 2.25 | 5% | 2 | 5% | 1.5 | 10% | |
| XAUTRY | 20 | 66.39 | -95.81 | 2 | 2.5% | 1.5 | 2.5% | 1.2 | 2.5% | 1 | 5% | |
| XAGTRY | 10 | 125.88 | -194.81 | 2.5 | 5% | 2.25 | 5% | 2 | 5% | 1.5 | 10% | |
| XAUEUR | 20 | 0.30 | -2.46 | 2 | 2.5% | 1.5 | 2.5% | 1.2 | 2.5% | 1 | 5% | |
| XAGEUR | 10 | 0.68 | -8.43 | 2.5 | 5% | 2.25 | 5% | 2 | 5% | 1.5 | 10% | |
| XAUGBP | 20 | 0.92 | -3.78 | 2 | 2.5% | 1.5 | 2.5% | 1.2 | 2.5% | 1 | 5% | |
| XAGGBP | 10 | 1.36 | -9.36 | 2.5 | 5% | 2.25 | 5% | 2 | 5% | 1.5 | 10% | |
| XAUCHF | 20 | 0.44 | -2.06 | 2 | 2.5% | 1.5 | 2.5% | 1.2 | 2.5% | 1 | 5% | |
| XAGCHF | 10 | 2.39 | -8.37 | 2.5 | 5% | 2.25 | 5% | 2 | 5% | 1.5 | 10% | |
| XAUAUD | 20 | 17.60 | -24.34 | 2 | 2.5% | 1.5 | 2.5% | 1.2 | 2.5% | 1 | 5% | |
| XAGAUD | 10 | 32.56 | -51.94 | 2.5 | 5% | 2.25 | 5% | 2 | 5% | 1.5 | 10% | |
| XAUCAD | 20 | 3.64 | -7.30 | 2 | 2.5% | 1.5 | 2.5% | 1.2 | 2.5% | 1 | 5% | |
| XAGCAD | 10 | 5.36 | -19.03 | 2.5 | 5% | 2.25 | 5% | 2 | 5% | 1.5 | 10% | |
*El margen inicial indicado está basado en un apalancamiento de 1:100 por defecto para las cuentas MINI, CLASSIC y ADVANCED y 1:50 para las cuentas PRIME.
While using higher leverage can significantly increase your profits, it equally can work against you as it involves greater risks to your capital. If the currency underlying one of your trades moves in the opposite direction of what you believed would happen, leverage will greatly amplify your potential losses. To reduce the risk of these losses, we advise you to restrict the use of leverage and adopt a strict trading style that includes the use of stop and limit orders. We offer a default leverage of 1:100 for MINI, CLASSIC and ADVANCED accounts and 1:50 for PRIME accounts. However, clients may ask to reduce or increase their leverage by sending us a Leverage Modification Request (subject to MIG BANK approval). Please read the full disclaimer or contact us for further information.
We at MIG BANK offer two types of automated order execution methods – market execution and instant execution. All currency pairs are available under market execution and some mostly traded currency pairs are available under both market and instant execution on the same trading platform. Currency pairs which are available under instant execution are shown with the exclamation mark, e.g. EURUSD!. (IMPORTANT: If you use Expert Advisors, please make the necessary adjustments to your EAs).
You can see the differences between market and instant execution in the table below:
| MARKET | INSTANT | |
| CURRENCY PAIR CODE | EURUSD | EURUSD! |
| Currency pairs | All | 13 mostly traded |
| Gold and Silver | Yes | No |
| Price | Best available | As requested or within set deviation limits |
| Fill for Buy/Sell orders | At best price available | At requested price if available or at a price within deviation limits |
| Fill for Limit/Stop orders | At requested price or at best price available | At requested price or at best price available |
| TP/SL orders entry | After order placement | During or after order placement |
| Rejection | No* | If requested price is not available |
| Maximum lots streamline | 100** | |
| Re-quotes | No*** | |
| Dealer intervention | Rarely | |
| Execution time | Average 100 milliseconds | |
*Please note market spreads widen during reconciliation and roll-over time for all liquidity providers at 23:00 CET. In our effort to provide clients with the best services possible and protect them from the negative impact of widening spreads, trading will be stopped for 5 minutes at 23:00 and resumed at 23:05 every day.
**EURUSD
***Under normal market conditions
Monedas al contado (spot): Desde el domingo a las 23:00 CET al viernes a las 23:00 CET.
Lingotes: Desde el lunes a las 00:00 CET al viernes a las 22:59 CET.
Direct line: + 41 32 722 81 53
Minimum trade size by phone: 10 Lots (i.e. 1,000,000 of the base currency).
For security purposes, clients need to supply their password to the dealing room officer prior to placing a phone order.
In the rare case of a system failure or downtime, clients can trade via phone with no minimum conditions.
We always aim to provide fair dealing for all of our clients. Based on that, we will execute all of your orders at the best prices available in the market.
When the client requests the execution of an order, it is possible that the market price could have changed between order placement and execution time, and as such, we cannot guarantee that the price the client has requested will be the same as the price where client’s order is executed and confirmed.
Applying the best price execution policy means that MIG BANK will confirm the order to the client at a better price if the market has shifted in client’s favor, at a worse price if the market moved against the client, or at the requested price if the market is at the requested price level.
This also applies for limit, take profit, stop loss & stop orders whereby when these orders are triggered, they all become market orders and are executed the same way.
In order to benefit from our Best Price Execution method, we advise you to always apply at least 1 pip deviation. Please note, that we will not fill your order if the best available is beyond deviation limits set by you. In such case your order will be rejected. Please note, that rejections may take place during the first hours of the market opening due to the lack of liquidity.
We at MIG BANK aim to provide our clients with the best trading experience possible, and we are constantly updating our technology to achieve this.
Nearly all of our clients’ orders are executed automatically and without dealer intervention. Exceptions to this can be for some bigger ticket trades, for a limited number of symbols which are impossible to automate, and finally in certain cases when we need to shift to manual execution mode as in the case of system failure.
This means that most of the time, execution speed is near instantaneous, although delays in execution can occur. Clients are advised to make sure that their internet connection speed is sufficient. There may in rare cases be delays on our side. These delays can occur for several reasons, such as due to an unusually large amount of orders flowing to MIG BANK’s servers from clients as a result of market volatility. In this case, orders are queued for execution resulting in some delay. Other cases could arise whenever there is a system failure or whenever there is no or limited liquidity in the market.
These delays are part of the risk of using an online platform to pass orders and as much as MIG BANK endeavors to limit their occurrence, they still can occur and result in execution slippages either in favor of or against the client.
Market gaps can occur from time to time during significant news announcements or between closing prices on Friday and opening prices on Sunday. Clients should be aware of the possibility of these market gaps and the adverse effect they can have on their open positions and balances.
Furthermore, clients should be comfortable when holding positions over the weekend or prior to market closing and be aware that such gaps may occur.
Finally, clients should also be aware that their pending orders will be executed at the best prices available after the gap has occurred.
Clients are kindly informed that chart prices are indicative and may differ from dealable prices even if they are both displayed on the same online trading platform and this is because they both use different sources to display information.
Furthermore, clients are kindly informed that as much as MIG BANK endeavors to provide the most competitive conditions, MIG BANK’s dealable prices may differ from other providers’ prices and this is because MIG BANK acts as a principal in trading vis-à-vis the clients.
As one of the leaders in use of mobile trading technology, we offer our clients the possibility to trade from their mobile device or web browser.
Clients are kindly informed that trading from their mobile device or through the web carries the same degree of risk as using an online trading platform even if it can be more convenient for some. Delays, network problems, transmission issues can still occur and MIG BANK is not to be held liable for problems that arise thereof.
Please note that some features are not available for clients on these platforms and some features may differ. MIG BANK therefore recommends that you familiarize yourself by using free demo versions of these platforms.
MIG BANK offers a mechanical trade system (MTS, also called “Expert Advisor”) linked up to a chart. This system not only informs about possible entry and exit points but can also generate orders automatically on behalf of clients and direct them to the trade server. This system is enabled by default. The use of this system is at the client’s risk. MIG BANK does not therefore guarantee the result of the use of this system and we shall not be liable for any damages or costs arising thereof. We at MIG BANK may at our sole discretion de-activate this feature if the client is deemed to be using the feature for abusive purposes.
We at MIG BANK offer our clients the possibility of using a trailing stop. Trailing stops enable the client to place a stop order which changes according to the market movement. Trailing stops are enabled by default. Our clients are advised to try this feature on a free demo account offered by MIG BANK before trying it on their real account. By using this feature, the client acknowledges to be fully aware of how the feature works and the use of this feature is at the client’s risk. MIG BANK does thus not guarantee the result of the use of this feature and shall not be liable for any damage or costs arising thereof.
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.
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