MIG Bank regulation & licences
Licences on record 0
No licence on record. We haven't matched MIG Bank to a licence from a regulator we track. This may mean our data is incomplete, the firm is licensed somewhere we don't cover, or it is unregulated. Follow our verification guide and search IOSCO I-SCAN before depositing.
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
MIG Bank is a trading bank founded in 2003 and headquartered in Switzerland. MIG Bank is no longer operating in its original form: Swiss forex bank acquired by Swissquote in 2013.
Our licence database does not yet contain a confirmed licence for MIG Bank. Some brands operate through companies registered in jurisdictions that do not regulate forex at all, so check the legal entity named in the client agreement against an official register.
Regulatory strengths
- Operating for about 23 years
Points to check
- No licence on record in our database — verify before depositing
- Not operating as before: Swiss forex bank acquired by Swissquote in 2013
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MIG Bank regulation FAQ
Is MIG Bank regulated?
We have not matched MIG Bank to a licence in our database. Verify the company named in its client agreement on an official register before depositing, and check regulator warning lists such as IOSCO I-SCAN.
Does MIG Bank accept US clients?
MIG Bank is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so MIG Bank generally cannot accept US retail forex clients.
Is my money protected with MIG Bank?
None of the regulators matched to MIG Bank in our database runs a compensation scheme for retail forex. Protection depends on client-money segregation and the broker's solvency.
How can I verify MIG Bank's licence?
Find the company name and licence number in MIG Bank's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.