FXstreet.com (Barcelona) - Swiss based foreign exchange broker MIG has been the first Swiss trading currency company to be approved by the Federal Financial Market Supervisory Authority (FINMA) to become MIG Bank.

MIG bank, established in Neuchatel in 2003 as MIG Investments has been the first Swiss Forex broker to obtain its banking license after the Swiss government revised its decree on banks affecting Forex brokers, which came into effect in April 2009.

The bank aims to offer two key service skill sets to its clients: the rigor and security of a Swiss bank, coupled with the versatility and responsiveness associated with a Forex broker advances MIG Bank's founder Hisham Mansour.