MIDAS EXCHANGE Forex Broker

MIDAS EXCHANGEReview SummaryFounded1-2 yearsRegistered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsForex, shares, commodities, precious metals, indices, and futuresDemo Account✅LeverageUp to 500:1Trading PlatformMTR Brochure and MT5Min Deposit$50Customer SupportTelephone: +44 20 8133 3045Email: support@midexc.comAddress: 108 Park End St, GL18 5AQ, London, United KingdomMIDAS EXCHANGE Information Midas Exchange was established in the United Kingdom and has been operational for 1-2 years. It offers six types of tradable assets and provides two account types, with a minimum deposit requirement of $50. However, it is unregulated.Pros and ConsProsConsOffers six types of tradable assetsUnregulatedProvides two account typesMinimum deposit of $50Is MIDAS EXCHANGE Legit ? Midas Exchange is not regulated in its country of registration. Its domain, midasexchange.com, was registered on May 13, 2023, and will expire on May 13, 2025.What Can I Trade on MIDAS EXCHANGE? Midas Exchange offers six types of trading products: Forex, shares, commodities, precious metals, indices, and futures.Tradable InstrumentsSupportedForex✔Shares✔Commodities✔Precious Metals✔Indices✔Futures✔Account Type Midas Exchange offers two types of accounts: the Standard Account and the Pro Account. Both accounts support base currencies in USD, EUR, GBP, PLN, and AED, with leverage of up to 500:1. Additionally, Midas Exchange provides a demo account.FeatureStandard AccountPro AccountBase CurrencyUSD, EUR, GBP, PLN, AEDUSD, EUR, GBP, PLN, AEDLeverage500:1500:1SpreadVariable0.5 pips betterCommissionNoNoExecution ModeMarketMarketMicrolotsYesYesMinimum Deposit$50$20,000Trading Platform Midas Exchange offers two platforms:MTR Brochure is suitable for beginners, supporting Web and mobile devices.MT5 is designed for experienced traders, supporting both desktop and mobile devices.Trading PlatformSupportedAvailable DevicesSuitable forMTR Brochure✔Web and MobileBeginnerMT5✔Mobile and Desktop（Windows & macOS）Experienced TraderMIDAS EXCHANGE Fees Midas Exchange offers different spread and commission structures. The Standard Account features variable spreads, while the Pro Account offers tighter spreads (0.5 pips better than the Standard Account). Neither account charges any commission.Deposit and Withdrawal The Standard Account requires a minimum deposit of $50, while the Pro Account has a higher minimum deposit of $20,000. Both accounts support deposits in multiple base currencies, including USD, EUR, GBP, PLN, and AED.