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As far as i'm concerned, MIG applied for a banking license much earlier than Dukascopy, so most probably they will receive it this year. (take into consideration the fact that dukascopy is a bigger company) I don't think the extra 'BANK' in the company name will be the case :D

You don't make any sense. First of all, what is the relation for Dukascopy with Sweden? :D Second of all, historically Switzerland is very strict and accurate in terms of financial matters. They can't just run around and facilitate forex without having any 'documents' :D I do not trade with them...