| Binary Options Broker | |
|---|---|
| Official website | |
| Date of foundation | 1970 |
| Head Office | The Financial Service Centre, Stoney Ground, Kingstown, VC 0100, St. Vincent & the Grenadines |
| Types of support | |
| Phone Support | |
| Languages | Russian, English |
| Terminals | Author's platform |
| Min. first deposit | From 5 USD |
| Min. rate | From 1 USD |
| Brokerage commission | Yes |
| Payments | Until 80 % |
| Free demo account | No |
| Adjustable | Yes |
| Regulators | CRRFNo. CRF RU 0395 AA Vv0098 |
| Types of accounts | Demo, Minimum, Standard, Gold, Platinum, Exclusive |
| Methods of replenishment | Qiwi, Webmoney, Wire transfer, Bank card (Visa/MC), Yumoney |
| Withdrawal methods | Qiwi, Webmoney, Wire transfer, Bank card (Visa/MC), Yumoney |
| Number of assets | 250+ |
| Account Currencies | RUB, USD |
| Mobile apps | No mobile apps available |
| Weekend trading | No |
| Tournaments/competitions | No |
| Trader training | Webinars, tutorials |
| Affiliate Program | No |
| Advantages | Quality technical support Large selection of assets Convenient and fast platform Free analytics Teaching materials Demo account |
| Company requisites | Legal name: Migesco Legal address: The Financial Service Centre, Stoney Ground, Kingstown, VC 0100, St. Vincent & the Grenadines |
| Date of update | January 29, 2023 |
| Overall assessment | 0/10 |
Migesco is this a scam? Review and Customers Reviews
Migesco broker from the first day of its work focuses on the development of long-term relationships and works closely with each customer of the company. Migesco offers services to make binary options trading easier and more accessible, which is especially important for novice traders. Most recently, the broker introduced new versions of its trading terminal and website, which has become faster and more convenient for users.
The features of the Migesco trading platform are following:
- The platform offers wide field for trade: available options with expiry times from 5 ticks to six months, a solid selection of assets to trade, 5 types of binary options, including the fastest and most profitable — 5 ticks.
- Multiple trading displays are available: 4 on-screen charts, a large chart with a selection of assets to trade, the ability to select “favorite” and “hot” assets.
- Migesco platform allows performing high-level Technical analysis: more than 100 indicators, 8 types of charts (candles, bars, lines) and more than 50 drawing tools have been implemented.
Useful trading instruments are built-in the platform:
- Trading Plan — the most famous review of Migesco Analytical Department
- Trader’s Calendars — economic, records of companies and holiday calendars
- Trading Ideas
- Binary Options Trading Strategies.
As for the terms of trading, the minimum possible deposit of the broker is 250 RUB, the minimum sum of the transaction — 60 RUB.
It is especially worth mentioning the Levels of service in the company, which differ in a set of services and privileges.
Cash Withdrawal
Migesco allows depositing your trading account and withdrawing cash through the most popular payment methods: Bank cards, Yandex.Money, Qiwi, WebMoney, Bank account.
Depending on the Level of service, Migesco customers receive compensation for payment systems’ Fees for withdrawal from the trading account.
The quickness of withdrawal in Migesco depends on The Level of service; for VIP clients withdrawal is instantaneous, for others it can take up to three working days.
The withdrawal procedure includes mandatory verification, so the first withdrawal can take longer; this is required to prepare and send all necessary documents.
Complaints against Migesco
The general tone of Migesco reviews is positive: traders of the company note the high level of customer support, a good selection of assets for trading, a convenient and fast trading platform, free analytics and available training materials.
The analysis of the reviews about Migesco on the forums can provide some of the main negative themes. The main theme is related to the need of documents’ verification, and unfortunately, not all customers like it. A number of clients note that the company does not open a demo account, explaining this by the fact that the trading platform is freely available and the minimum replenishment is only 6000 RUB. Although, as far as we know, company managers often open a demo account for a few days if you are not really ready to start trading for real money without test trading on demo. If there are negative reviews about the company on the forums, Migesco support service is always ready to clarify the situation in the public, to explain the misunderstanding.
Migesco: Is It a Scam?
Migesco is regulated by the FMRRC, and relations between the company and its customers are strictly regulated by official documents, which are freely available on the broker’s website. These are, first of all, the Client agreement, Trading Rules and Rules for Deposit and Withdrawal. All documents according to which the broker works are carefully worked out and give answers to all questions of interaction.
The broker carefully monitors its reputation and does not allow the occurrence of situations that would fall under the category of doubtful or even «scam».
Broker’s Regulator
Migesco broker reissued its license (No CRF RU 0395 AA Vv0098) after thorough audit by Financial Market Relations Regulation Center (FMRRC) which is one of the most respected regulators of financial companies in the binary options market.
This license guarantees additional protection to the trader, because in the event of a dispute, the trader has the right to appeal to FMRRC with a complaint against the broker, and the broker will face a serious trial.
Check the license at the regulator’s website
Bonus
Migesco broker offers a solid bonus program that may be of interest to both novice and experienced traders. The first bonuses Migesco traders can count on are the «First Deposit Bonus» and «Risk-Free Transactions». The amount of bonus (up to 120%) and the number of risk-free transactions (up to 40) depend on the Level of service. For customers who regularly trade on Migesco platform, there is «Regular Customer Bonus», which is accrued when a certain level of trading turnover is reached.
In addition to the abovementioned bonuses, the broker regularly offers bonuses on shares and special offers, allowing to get a higher level of service at a lower price.
Migesco regularly notifies customers about all bonuses, promotions and special offers via e-mail newsletter and social networks, as well as through personal managers.
Summary
Migesco deserves the attention of both novice and experienced traders in the financial markets. The beginner will benefit from analytical materials and training programs, and an experienced trader will be able to take advantage of a large selection of trading assets, the most popular binary options, and a large selection of expiry times.
FMRRC regulator that issued a corresponding license to Migesco gives additional guarantees of reliability and safety of work with the broker.
Conclusion
In conclusion, Migesco is a dynamically developing company that constantly introduces new services, regularly offers new trading assets, including those that have just entered the IPO, allows taking advantage of an extensive bonus program. It should be especially noticed the availability of training and analytical materials, which are regularly developed by Migesco Analytical Department and the friendly and active support service of the broker.
Reviews
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Rate your review 00This company no longer exists, here is...
This company no longer exists, here is a link to the current rating of binary options brokers – https://eto-razvod.ru/binary-options-brokers/
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Rate your review 000So far I am not satisfied with...
So far I am not satisfied with the broker at all. I have not only problems with withdrawal, but also the interest is so bad.
Now I work with Expertoption, which is much better. -
Rate your review 000They're full of crap. I traded with...
They’re full of crap. I traded with them for 5 years.and then began to draw candles themselves. In short, they’re a pain in the ass. Run away from them…. 87475305357
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Rate your review 000I do not know why, but I...
I do not know why, but I did not like the broker. The platform is not very good, and I didn’t get much income.
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Rate your review 000I did not like the broker, at...
I did not like the broker, at least because of the large amount of the deposit.
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Rate your review 000The site has been unavailable for days
The site has been unavailable for days. Everyone has been screwed.
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Rate your review 000The training is really very well done
The training is really very well done. So many materials, and they are so well chosen. And everything is laid out in a clear way. I completed the training, started trading and gradually gaining momentum, I already have a good increase in my account!
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Rate your review 000Bonuses at Migesco are a great thing!
Bonuses at Migesco are a great thing! I appreciated it when I first opened an account, I got a small bonus for the first deposit. Now as a regular customer I get some more bonuses. A nice bonus from the broker.
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Rate your review 000I've been working with Migesco for a...
I’ve been working with Migesco for a long time now. You don’t have to invest much money, and the platform is so convenient that you don’t have to go into much detail. In addition, there is round-the-clock Russian support: they will always help. A great broker, in a word.
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Rate your review 000I was sure it was all a...
I was sure it was all a scam, until I started arguing about it with a friend. In the end I decided to prove it … and do not believe me I was wrong … as if on spite of my business went uphill and a week later I was able to withdraw twice as much as invested))) I had to look for a broker to trade peacefully)… Read more
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Rate your review 000And everything would be fine if you...
And everything would be fine if you didn’t have to invest a lot of money… Although free cheese only in a mousetrap …. I can still make a profit, but I can always lose too…) so I just stay afloat for three months.)
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Rate your review 0-10I lost my deposit because of my...
I lost my deposit because of my own stupidity. Thanks to the broker for the 100% bonus
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Rate your review 000I am very interested in modern BOO
I am very interested in modern BOO, but as evil I have a pity for time and money … So I started trading for me husband )) balance is growing, and no effort is needed for that ) I think to open my own account, as soon I will be on maternity leave and will have a lot of time))
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Rate your review 000I, too, was first trained and only...
I, too, was first trained and only then was I let go free. For those first basics, I can say a big thank you to my manager. With my minimum deposit, I still got a bonus in the form of a risk-free deal
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Rate your review 000Finally found a broker to suit me)))))...
Finally found a broker to suit me))))) At first I had a lot of trouble, I did not want to study, I thought I should be lucky. But I passed the training and I am actively using the bonuses.
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