How do I open an account?

Click on the “Get Trial Account” then register for demo account. To open a real Trading Account, click the ‘Open an Account, then complete online form, then select an account type you want (Standard, Professional or Institutional) and download agreements in PDF.

Is MIG’s Online Application available in different languages?

At the moment the Online Application is available in English , and will soon be available in German, Spanish, Portuguese, Italian, Russian, Chinese, Japanese and Arabic.

How long does it take for MIG to set up the account from the date you receive the application?

Standard accounts are usually set up within 2 business days. Professional and Institutional Accounts take approximately 3 business days.

What is the minimum amount to open an account?

The minimum amount to open a Standard Account is US $ 2,000.

Why do I need to provide you a notarized copy of my passport?

This is a control procedure required by FINMA and Swiss Anti-Money Laundering laws to ensure that the person who wants to open an account is indeed who he or she claims to be.

I don’t have a passport – can I open an account with another piece of identity?

Yes, any official piece of identification with photo and signature is acceptable.

Can I withdraw my money whenever I want?

Yes. Just fax us your Fund Withdrawal Request and MIG will wire the funds to your bank account.

Can I transfer funds from my trading account to the trading account of another client?

No, it is forbidden to transfer funds between different clients’ accounts and third parties.

Is it possible to open more than one account?

Yes. You can open several sub accounts within your main account. To open a sub account, simply print and fill the Sub Account Request Form and send it to us by fax or email.

It is possible to have your sub account denominated in a different currency.

Does MIG manage funds?

MIG provides an execution only online service. We do not offer a managed-account service.

Does MIG BANK pay interest on the outstanding balance of my account?

No, your account does not earn interest. It is a trading account, not a bank account.

Do you charge fees or commissions when opening an account with MIG?

No, MIG does not charge any fees or commission. The client’s only cost is the spread.