Trading Platform MIG BANK MT4: Special Features and Advantages

Market Leader informed

Previous issues of the magazine dealt with Swiss broker MIG Bank, contests it holds, prizes it has won and many other things. But MIG BANK MT4 trading platform was purposefully ignored. Why? Because a full feature is required to describe MIG Bank’s trading platform in a separate issue of the magazine. This isn’t just words. Essentially, any serious broker is eager to add as many new options that make the trader’s work easier in their platform as possible. As a rule, such trading platforms are already very distant from the standard set of features in MT4. This is why a whole article should be dedicated to this issue to deal at least with major novelties.

One should also remember that, when choosing a broker, the trading platform, the overall user interface and the set of related services offered by the broker play an important or even decisive role for the trader.

What Special Features and Advantages are Available to MIG BANK MT4?

MIG BANK MT4 ensures popular, powerful and user-friendly access to the Forex and the precious metals market. This is a multi-language platform in 23 languages with numerous tables and indicator options, support of automatic trading, trailing stop orders and news from Dow Jones Newswires. The trading platform automatically updates through the net. It means it is constantly upgraded with latest trading instruments.

In addition, if you haven’t decided on a broker you can test the platform for free using a demo account for 90 days and try your hand at the Forex and the precious metals market before investing real money. The 90-day demo trading account gives you enough time and funds to hone your Forex trading skills before you start trading in the real trading account. You’ll be able to fill up your demo account with USD 5,000-5,000,000 and gain direct access to the global foreign exchange market free of any risks and commitments.

When trading for real, MIG BANK MT4 includes an option of streamline trading without quote requests for trades under 200 lots (20 million).

Strategy Programming Service

When automated, the right trading strategy can save clients time, money, and provide more freedom.  At MIG BANK, in-house programming experts are available to help clients achieve just that. Programming services are available to Mini and Classic account holders for a minor fee and are provided as a free service for Advanced and Prime account holders. Besides, MIG BANK suggests that clients use comprehensive data downloadable from its website’s professional library where everyone can select the trading strategy they find convenient.

MIG can also program trading strategies for you for a minimum fee. Standard programming hourly rate is USD 50. Advanced and Prime Account holders receive this service for free.

One should also consider general terms and conditions and the risk disclosure for software development services for a strategy by MIG:

• The client must describe his/her strategy as precisely as possible.

• This strategy is programmed by MIG BANK LTD.

• Prior to delivery, MIG will provide the client with a formal, written description of the programmed strategy. The client must read and sign this description.

• The client is responsible for proper testing of the strategy.  Under no circumstances can MIG be held responsible for the results of an implemented program.

So, be careful when preparing the technical assignment for the source code of your advisor or trading system overall.

If you’re interested in this offer, download, complete and send Expert Advisor Programming Request to MIG. The company’s client services department with send you a cost estimate.

Library of Trading Strategies

MIG’s software library has a lot of programs such as Scripts, Custom Indicators, Expert Advisors downloadable for free. These programs are only compatible with MIG’s Trading Station, some will not work with Demo Accounts. By choosing to download and use these programs, you accept and assume all risk involved.

Multi Account Manager

This fascinating tool of MIG BANK MT4 enables traders to manage a few accounts at once. This dynamic platform makes unlimited account tracking, viewing, opening, closing and modification of trade positions possible with just a few mouse clicks.

The Multi Account Manager (MAM) offers you the following useful options:

• Unlimited number of accounts, which can be traded simultaneously.

• Overview of open trades, balances and margin levels for each account.

• Simultaneous opening and closing of orders for multiple accounts according to a predefined amount, such as the same amount on all accounts, or proportionally to the account’s equity ratio or free margin.

• Simultaneous placing, modifying or deleting of multiple pending orders.

• News, alerts, streamline trading, opening of hedge positions.

WAP-service

With a WAP enabled phone, M I G BANK delivers access to real-time updated currency pairings, Gold and Silver, and clients’ trading account details, through a secure, password-protected platform.

Simply activate the GPRS mode on your mobile phone, and then enter:

www.migbank.com/wapto access your account

or

www.migbank.com/wapdemoto access your demo account.

Once connected, a screen with real-time prices will appear:

 

To access your account status, scroll down until you see the login screen below. Enter your username/password and then select enter:

 

Remember, however: to launch this product, you need to have a GPRS subscription with your telecommunications provider.

Here we finish an overview of advantages and special features of MIG Trading Station. It’s hard to overestimate these strengths, but when combined with other advantages of MIGBank:

• Favorable trading conditions

-Spreads from 1 pip for EURUSD and USDJPY

-Narrow spreads for 70 currency pairs

• A professional analytical portal of market research

• Commission-free trading

• leverage up to 1:500

• Advanced trading technology

-Hedging option

• Multilanguage round-the-clock client support

-Client support is provided in 20+ languages

• A Swiss ISO 9001 and 27001 certifiedcompany

 

all of you will have a sizeable stock of novelties that no trader can go without nowadays. We believe that, by once trying high-quality service from MIGBank you’ll find it impossible to give it up!

 

 

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