MIG and Dukascopy have applied for banking license | Forex Factory

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MIG and Dukascopy have applied for banking license

  • #1
  • First Post: Dec 29, 2008 3:38pm Dec 29, 2008 3:38pm
MIG's equity is more then 60 mln CHF.
Dukas is around 20 mln CHF.
ACM is keeping silence.
After March 2009 all Swiss brokers will be closed!!!Only banks will continue to serve clients.
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  • #2
  • Dec 30, 2008 4:26am Dec 30, 2008 4:26am
Untrue. Not all Swiss Brokers will be closed. Only the Brokers without a banking licence will be closed.

And for MIG and Dukascopy it will be no problem to get a Banking Licence, but i'm not sure about ACM
Forex is a losers game.
  • #3
  • Dec 30, 2008 8:15am Dec 30, 2008 8:15am
Quoting trader121
Untrue. Not all Swiss Brokers will be closed. Only the Brokers without a banking licence will be closed.

And for MIG and Dukascopy it will be no problem to get a Banking Licence, but i'm not sure about ACM
Hey,

Broker with banking license is bank. :-)

Also I think Crown forex, GFX, Realtime Forex will be just IB of some banks, or offer only advisory services. They will not be able to accept deposits.
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  • #4
  • Dec 30, 2008 8:25am Dec 30, 2008 8:25am
Quoting Swissnet
Hey,

Broker with banking license is bank. :-)

Also I think Crown forex, GFX, Realtime Forex will be just IB of some banks, or offer only advisory services. They will not be able to accept deposits.
They will not be too happily doing only advisory services
Forex is a losers game.
  • #5
  • Mar 13, 2009 11:37am Mar 13, 2009 11:37am
any news about such swiss fx brokers' banking license ?

thanks
  • #6
  • Dec 9, 2009 9:56pm Dec 9, 2009 9:56pm
Quoting 800
any news about such swiss fx brokers' banking license ?
Seconded.

I know Dukascopy is currently in the stage of applying for a banking license, but what about other brokers?
  • #7
  • Dec 10, 2009 5:16pm Dec 10, 2009 5:16pm
Mig has just obtained a banking license
  • #8
  • Dec 12, 2009 5:05am Dec 12, 2009 5:05am
mig got its banking license ...
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #9
  • Jun 16, 2010 1:59am Jun 16, 2010 1:59am
I heard that Dukascopy just got their banking license from FINMA.

Read this: http://www.letemps.ch/Page/Uuid/3653...c-06f80d40af49
  • #10
  • Last Post: Jun 16, 2010 3:59am Jun 16, 2010 3:59am
Quoting a2xm
I heard that Dukascopy just got their banking license from FINMA.

Read this: http://www.letemps.ch/Page/Uuid/3653...c-06f80d40af49
Yep!

http://www.forexfactory.com/showthre...=219286&page=7

Trade to trade well, no excuses.
JD
It's Easy To Get In;.. It's Hard To Get Out
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