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Mig Bank Reviews

2011/12 Mig Bank Reviews

May 1, 2011 - Apr 30, 2012

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Hi all, please don't be amazed by MIG's profile and promises as once you deposit - that that is gone. You will end up discovering strange behaviors on market ... your MT4 will have unexpected jumps - just enough to kill your positions. And no other brokers will have those jumps. Also, different spread you will realize after loosing big money and after complaints you can get answer that you should use EURUSD1 and not EURUSD as by default you are on new conditions (which you never agreed!?). On any complaints you will find superior and arrogant answers that you are not right. There is much more I unfortunately experienced with them but these I hope are enough. No welcome bonus ... no incentive bonuses ... no willing to keep customer and return some money even as trade-only ... Nothing. If I can vote somewhere - I would give -10 for them. Save your money and go anywhere else. Aleksandar
- Reviewed by ljubas, July 16, 2011. Rating = 1/10

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2010/11 Mig Bank Reviews

May 1, 2010 - Apr 30, 2011

SCAM!!!
- Reviewed by matka, April 28, 2011. Rating = 1/10
Mig investment is probably the worst broker I have ever been with. The only thing they are good at is scamming you and target all your stops. When the stop are not placed and mentally placed I am fine, but when I place them they are always desperately always trying to target it. These thieves! They also almost always go off line when the market is needed the most, I am unable to execute when I am placing a wining bid. I mean I would  seriously not waste my time writing this, but I would like help others and wished someone would have warned me before. I really do wish I knew before.  I mean I am so happy with several brokers that I am currently with but with mig investment; its a nightmare. Please be warned, I am honestly urging you not to waste your time and money with this broker. And to look for other reputable brokers who are in the same business. Good Luck.
- Reviewed by Anonymous, October 19, 2010. Rating = 1/10

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2010/11 Mig Bank Ratings
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2009/10 Mig Bank Reviews

May 1, 2009 - Apr 30, 2010

This company is now MIG BANK and very seriously damaged by irresponsible behavior after technical issues they have. This is the second time in their history to show this poor performance.
- Reviewed by CJOLars, January 25, 2010. Rating = 1/10
I a bit disagree with the speed of its server. Since, many brokers, had increase its decimal to five, why MIG is still holding at 4? (X.XXXX) pls update. Even it practise a fixed spread, i notice that the spread do increase most of the time, pls, cek yourself for pair EURGBP, i am not sure of others pairs, for 24 hrs, see, when this pair will increase the spread, it will in Penang time during the midnigh and morning session. eg 2 to 5 pips! I like your AUDUSD spread at 2, but compare the live speed of price change is a low. I am giving 3 points vote is mainly due to the speed and your system, as this is count the most important.
- Reviewed by danieltkb, November 6, 2009. Rating = 3/10

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2009/10 Mig Investments Ratings
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2008/09 Mig Investments Reviews

May 1, 2008 - Apr 30, 2009

Well, I am a satisfy customer, tight spreads, good software and first class advice. Swiss company 2000 to start which seems reasonable to me, I started with minilots and now with lots, I fax them, next day money is on the way, quick and efficent answer the phone. Thank you.
- Reviewed by Peter, December 16, 2008. Rating = 10/10
This company does not trade, they play against you, and I am sure of what I am saying! dont ask me how I know, it is a secret :) but I am sure of what I say, they do not place trades in the market (usually)! They just let you trade, make money when you lose, do you want to trade with such a company?
- Reviewed by ForeXPP, December 3, 2008. Rating = 1/10

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2008/09 Mig Investments Ratings
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2007/08 Mig Investments Reviews

May 1, 2007 - Apr 30, 2008

I agree with the other poster about the expiring demos as well as demos "dying" (becoming invalid) before expiry (due to server maintenance?) Anyway, it can be quite frustrating to serious testers/analysers. On the positive side, however, it was very easy for me to open an account, they even phoned me at home at a very convenient time to answer one of my questions (I'm in Canada and they're in Switzerland). They support Metatrader, have decent spreads and overall I'm happy with their services. One last note: they don't pay ANY interest on balances (go read their FAQ, they say they're NOT a bank...)
- Reviewed by reg, April 6, 2008. Rating = 7/10
Good reliable Swiss Forex Broker. $2000 min to start. Spreads are among the lowest anywhere. Demo accts. only good for 30 days and they won't renew. They really don't under-stand need to test and retest new strategies with an MT4 EA. Also don't answer emails even though I have a live acct., or their answer shows they didn't read my email at all. I think they are overworked and under-staffed. But people are nice when you get them on the telephone.
- Reviewed by cfw123, August 12, 2007. Rating = 5/10

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