Open an account
Start trading Forex and CFDs with a live MIG Trading Account
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Note regarding US Residents:
Due to the Dodd-Frank Act, MIG BANK provides online FX trading services in partnership with Penson Futures.
Penson Futures is a Penson Worldwide company (NASDAQ: PNSN), a leading independent execution, clearing, settlement, and technology firm servicing the global financial services industry. Penson Futures is registered with the Commodity Futures Trading Commission and is a member of the National Futures Association.
I am a US ResidentFollow these 6 steps to open your account:
1. Select your account agreement type from the three options above
2. Enter your information into the selected agreement form
3. Save a copy and print a copy
4. Sign the printed copy
5. Include all the required additional documents with your application as listed on page 2 of the agreement form*
6. Place the signed copy in an envelope and send it to:
MIG BANK
14, Rue des Gouttes d'Or
2008 Neuchâtel
SWITZERLAND
*In conformity with Swiss law we do not accept faxed, scanned or electronically mailed documents. Agreements applications and required forms must therefore be sent via post to our physical address.
WHEN CAN I START TRADING?
- Once received at MIG, your application will undergo an approval. If approved, MIG will then proceed to set up your account. Both the approval and set up process require approx. 2 business days for Individual Accounts and approx. 3 days for Corporate Accounts.
- After the set up is complete, you will be contacted with your new Account Number (login and password) and wiring instructions to fund your account.
- You can have your account denominated in one of the following 10 currencies:
USD, EUR, GBP, CHF, JPY, AUD, CAD, TRY, PLN, SGD. - Before you can begin trading, you will need to fund your account. Learn how to fund your account.
- Your account should be credited within 2-3 days depending on how long the wire transfer takes. You can then begin trading.
Encounter a problem?
Contact us at +41 32 722 81 00 OR email info@migbank.com . You can also contact us via our Live Chat or Request a Call Back Request service online.
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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