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Migesco is a brand name of Optima Capital Ltd.
Binary options are offered in four types: Up/Down, Turbo, Touch, and Range. Trading the Touch binary options brings you the highest profits of up to 240%. The Range boundary options bring the lowest profits of around 160%.
Assets for binary trading include commodities (energy, precious metals, metals, and food products), shares (more than 120 companies), stock indices (21 indices from the exchanges around the world), and currencies (21 currency pairs).
There are several account types: start, standard, gold, platinum, and exclusive. The accounts differ in the services list and privileges. The minimum deposit for the beginning account is $5; and for the exclusive one, $10,000. The size of the welcome bonus (from 30% to 90%) varies according to an account type: the more funds on a client's account, the more opportunities for various assets trading the client has (100 assets are available for gold account, 200 assets — for standard one, 250 assets — for others). The processing time of withdrawal requests also varies. The request processing lasts 3 days for the clients using the start account and 4 hours for the owners of exclusive accounts.
Analytics: one part of the content is opened to anyone willing, while another part becomes available as soon as the client reaches a certain services level.
The company provides its clients with step-by-step guidelines, educational materials, and glossary. The clients of Migesco's silver or higher account can enjoy free individual trainings.
Migesco MT4 platform is organized. With that, I can trade easily with their clear graphical chart and advanced tools. Their price quotes are live and my trade execution is instant. Also, I can see signals and big news notifications on the platform too. So I can find everything in one place and make a profitable trade easily. Also, their Withdrawal process is always on time. I'm happy to join Migesco broker.
Migesco boasts about their low minimum initial deposit but to tell you the truth, you will need at least $500 to get started because their trading fees are too high. You won't be able to survive with a small capital.
They have an accurate order execution and smart account manager, that is all I need and got with this broker. This platform is reliable and it is easy to work with them. Currency charts are very comfortable. Their conditions are the most optimal, and the execution does not cast doubts on the honesty of the company. I put some orders in EUR/USD and GBP/USD and the next week, I saw earnings of $100 each one. Withdrawing earnings was easy too by Bank Wire, as well as deposits. Support department has excellent managers too, well informed and trained.
Migesco's service was given me always panic in the market. I found many bugs on their MT4 platform, it didn't execute perfectly and spread going high. I think their platform isn't reliable for trading. Even I can't customize any tools or EA. Their support team are mad, I didn't get any response from them. So I am disappointed with Migesco broker so far.
It is good that Migesco offers various payment options and it makes them highly accessible. However, they really need to work on their trading platform first. I did not continue opening an account with them because from the demo account alone, their platform is already shaky. If they cannot make it run properly during the demo, then it'r probably worse in the real thing.