MidasFX Account Type

　　MidasFX offers two main types of trading accounts to cater to different trading preferences:

• ECN Account:
• Spreads: From 0 pips.
• Commission: $5 per 100k traded.
• Minimum Deposit: $1.
• Maximum Leverage: Up to 1:1000.
• Minimum Trade Size: 0.01 standard lots.
• Stop Out Level: 40%.
• Available Markets: Forex, cryptocurrencies, indices, metals.
• Trading Platforms: Available on MT4 and MT5.
• Standard (STD) Account:
• Spreads: From 0.7 pips.
• Commission: None.
• Minimum Deposit: $1.
• Maximum Leverage: Up to 1:1000.
• Minimum Trade Size: 0.01 standard lots.
• Stop Out Level: 40%.
• Available Markets: Forex, cryptocurrencies, indices, metals.
• Trading Platforms: Available on MT4 and MT5.

　　Both account types allow traders to engage in various trading strategies, including scalping and algorithmic trading.

　　

MidasFX Broker Account Opening Process

　　Opening an account with MidasFX is a straightforward process that can be completed online in just a few steps:

• Visit the Website: Navigate to the MidasFX website.
• Sign Up: Click on the “Sign Up” button on any page.
• Enter Email: Provide your email address to start the registration.
• Complete Registration: Fill in the required personal and financial information.
• Choose Account Type: Select the account type (ECN or STD) and currency.
• Deposit Funds: Fund your account using available methods, primarily cryptocurrencies.
• Start Trading: You can begin trading immediately, with no verification needed to start.

　　The minimum deposit required to open an account is just $1, and the process is designed to be quick and efficient.

　　Source: MidasFX Accounts, Source: MidasFX New Accounts