additional information surfacing...
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I had this e-mail excerpt sent to me by a friend of a friend who is quite knowledgeable about brokers:
(He was referring toan e-mail from me)
...I think he is maybe referring to tech connection...
Problems severe at MIG BANK ( NOTE THIS!!!!!)
Recently encountered tremendous problems with MIG BANK after their change from MIG to MIG BANK (Swiss regulators required more capital).
I was with them for 5 years. This did not make any difference for MIG BANK when they reopened a closed trade in...
This article by FT /Alphaville may provide some explanation for those of you who are interested in the Swiss Banking story FT Alphaville » Swiss regulator dishes out first forex license
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...
CFTC intends to limit leverage for registered brokers to 1:10
CFTC Seeks Public Comment on Proposed Regulations Regarding Retail FOREX Transactions
Read the press release and note that more and more regulation will drive clients off shore slowly.
I have been with MIG for 5 years after initial serious problems with them. I have to warn people now to use this broker. They are now called MIG BANK . I had a serious problem with them on Sunday. They seemed to have a technical problem which gave me a profit from the move. They took the profit...
Bad experience with MIG BANK sevearl fronts
I had a really bad experience around technical issue they were experiencing. Funds I gained were taken back from my account (W.Q.) and they opened a position while I was gone from my computer without notifying me and with no stop. (they called it...
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