Just wanted to direct your attention to late development at MIG BANK (FX broker in Switzerland). I have traded with this company despite early problems initially 5 years ago.
Now they seem to have new issues with their system which border to Scam or irresponsible behavior on the part of MIG BANK (I cannot believe they are a bank).
Their night time trading room people will not even give you their name.
They had a big move on GBPUSD last Sunday(W.Q. in history). I capitalized quickly and then saw the profit for at least 20 minutes in my account. I later reopened my computer 2 hrs later and noticed that the profit was gone and a position was running without a stop. They later admitted that they had "reopened a position" . But they only justified it and have never compensated me for anything.
I know it is hard to believe, but I have the proof. The CEO was supposed to call me, but has not done so until today.
Quite unbelievable I know. But this is what we retail traders have to put up with. I will leave this broker(not too many like this around I think)
Christoph
Now they seem to have new issues with their system which border to Scam or irresponsible behavior on the part of MIG BANK (I cannot believe they are a bank).
Their night time trading room people will not even give you their name.
They had a big move on GBPUSD last Sunday(W.Q. in history). I capitalized quickly and then saw the profit for at least 20 minutes in my account. I later reopened my computer 2 hrs later and noticed that the profit was gone and a position was running without a stop. They later admitted that they had "reopened a position" . But they only justified it and have never compensated me for anything.
I know it is hard to believe, but I have the proof. The CEO was supposed to call me, but has not done so until today.
Quite unbelievable I know. But this is what we retail traders have to put up with. I will leave this broker(not too many like this around I think)
Christoph
Last edited: