Recent online and network technologies development  has created  new investment opportunities for retail clients. Global Foreign Exchange market now is also accessible  through growing number of online fx brokers offering the latest user friently dealing software like Metatrader 4 Trading terminal. Today, retail investors can trade online with significant number of currency pairs and precious  metals (including gols and silver) utilizing high leverage and very low spreads. Also it is important to note that, spead of the execution and price transparency are key points for profitable trading. In general FX service providers could be divided in to to categories : market makers and ECN type brokers. Market makers profit from spread and position taking against traders and ECN brokers get profit from comission per trade or mark-up and route all cliens orders to FX liquidity hubs like Hotspot FX, Currenex, EBS or others.

Trade Forex Online with Non-dealing desk Swiss Broker

MIG Bank is online broker with banking lisence offering access to foreign exchange market since year 2003. It has introduced revolutionaly transparent currency trading model. The basic idea is simple to offer the best price for each fx trader through partnership with top foreign exchange liquidity providers and charge a small mark-up per deal. It gives a fair opportunity to benefit from fx quotes fluctuation and assures that broker will not trade against you. Also it “opens doors” for algo-trading  and scalping strategies because of the fast execution and low spreads.

the picture below illustrates how routed and executed client’s online orders: