Press releases
Introducing our revolutionary new Transparent Dealing Model!
We know how much you value fair dealing. We also understand that the best guarantee of fairness is transparency.
In an effort to provide you with the best and fully transparent FX trading services in the industry, we are pleased to take an extra mile and to be the first Forex broker to introduce our revolutionary new Fully Transparent Dealing model.
How does it work?
In order to ensure that you get the highest possible liquidity and best market prices, we work with a pool of liquidity providers, consisting of major prime banks. These liquidity providers compete to offer us their best prices for your order execution. The prices obtained by us from our liquidity providers are 100% transparent and can be disclosed to you anytime.
Our advanced IT infrastructure and price aggregator system allows us to constantly receive quotes from all of our liquidity providers, instantaneously analyze them and identify the best price available to fill your order. We then add our mark-up and execute your order at best market price in a matter of milliseconds with no dealer or no human involvement.
Depending on your account type, you will have a certain fixed mark-up for each currency pair. Please see our mark-ups table for detailed information. This mark up is our mark up which we add on top of the best price available in the market at the time of execution of your order to calculate your fill price. Unlike all other execution methods exercised in the market, we keep our mark-ups fully transparent and apply them to the best market price we receive.
As such, we maintain 100% transparency throughout the whole process and guarantee you a fair execution at the best price available in the market. This is why we call it a 100% Transparent Dealing.
The Transparent Dealing model is fundamental for us as it brings new advantages to you and lives up to our first value in conducting business that is: Integrity Comes First.
It guarantees transparency, fairness and ensures your trust and confidence in MIG BANK.
Because Confidence is Capital.
Regulated by the Swiss Financial Market Supervisory Authority (FINMA) | Fed. Reg. No. CH-645-4096536-3
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