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Dealing Conditions

sourced from MIG’s website migfx.ch

Spot Currencies: From Sunday 23:00 CET through Friday 23:00CET.

Dealing Room

Call MIG direct: + 41 32 722 81 53

Operating hours: 24 hours/day, from Sunday 23:00 CET through Friday 23:00 CET.

Minimum trade size by phone: 10 Lots (i.e. 1,000,000 of the base currency)

For security purposes, clients need to supply their password to the dealing room officer prior to placing a phone order.

In the rare case of a system failure and a platform downtime, clients can trade via phone with no minimum conditions.

Margin Policy

For Accounts with equity below US $ 1,000,000

MIG does not require clients to maintain their margin requirement level during weekdays for account below US $ 1,000,000. However, by Friday 23:00 CET and before holidays, clients must meet their margin requirements as per the Margin Requirement Chart:

For Accounts with equity above US $ 1,000,000

Accounts greater than US $ 1,000,000 must meet their margin requirements at the end of each weekday, as outlined in the Margin Requirement Chart:

Failing to meet Margin Level Requirements

Accounts that fail to meet their margin requirements will be asked to close part or all of their positions. Accounts that fail to close necessary positions to meet MIG margin requirements risk having part or all of their positions closed by MIG. Any losses incurred will be transferred to the client.

Streamline Dealing

Clients can buy and sell directly on real-time prices without a request for quote (RFQ).

Clients taking advantage of wrong price quotes in the Market Watch will be requoted.

Every effort is taken to ensure correct pricing at all times. However, there are rare circumstances when wrong prices are given.

Due to the difficulties associated with covering scalping trades, M I G Investments does not accept scalpers.

Stop Order Execution

Volatile market conditions can result in prices gapping, which may prevent the execution of stop orders (sell stop, buy stop, stop loss) at the price you initially requested. However, our dealers strive to execute all stop orders at the price, or failing that, at the best attainable rate the market allows.

Mini Lots Trading

Standard and Professional Account holders can trade mini-lots (0.1 lot or 10K of the base currency). Clients have access to our normal spreads when trading mini-lots.

Multi Currency Denomination

Clients can have their account denominated in USD, EUR, GBP, JPY, CHF, AUD or CAD.

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