Dukascopy vs MIG Bank: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeDukascopyMIG Bank
Licence Score69Strong—Not rated
Strongest licence 1 Tier 1 ? None on record
Licences on record30
1 JFSA Japan Licensed—
1 FINMA Switzerland Licensed—
2 Bank of Latvia Latvia Licensed—
Founded20042003
HeadquartersSwitzerlandSwitzerland
TypeTrading bankTrading bank
Publicly listedNoNo
PlatformsProprietary, MT4, MT5—
Minimum depositUS$100—
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Frequently asked questions

Is Dukascopy or MIG Bank better regulated?

Dukascopy has the higher Licence Score (69 vs 0), based on the number and tier of licences, operating history and public listing.

Which regulators license both Dukascopy and MIG Bank?

They share no regulators in our database.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.