Score
MIDAS EXCHANGE
United Kingdom|1-2 years| https://midexc.com/
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No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United Kingdom
1-2 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed MIDAS EXCHANGE also viewed..
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Website
midexc.com
Server Location
Germany
Website Domain Name
midexc.com
Server IP
18.195.191.43
Company Summary
| MIDAS EXCHANGEReview Summary | |
| Founded | 1-2 years |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex, shares, commodities, precious metals, indices, and futures |
| Demo Account | ✅ |
| Leverage | Up to 500:1 |
| Trading Platform | MTR Brochure and MT5 |
| Min Deposit | $50 |
| Customer Support | Telephone: +44 20 8133 3045 |
| Email: support@midexc.com | |
| Address: 108 Park End St, GL18 5AQ, London, United Kingdom | |
MIDAS 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 Cons
| Pros | Cons |
| Offers six types of tradable assets | Unregulated |
| Provides two account types | |
| Minimum deposit of $50 |
Is 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 Instruments | Supported |
| Forex | ✔ |
| 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.
| Feature | Standard Account | Pro Account |
| Base Currency | USD, EUR, GBP, PLN, AED | USD, EUR, GBP, PLN, AED |
| Leverage | 500:1 | 500:1 |
| Spread | Variable | 0.5 pips better |
| Commission | No | No |
| Execution Mode | Market | Market |
| Microlots | Yes | Yes |
| Minimum Deposit | $50 | $20,000 |
Trading 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 Platform | Supported | Available Devices | Suitable for |
| MTR Brochure | ✔ | Web and Mobile | Beginner |
| MT5 | ✔ | Mobile and Desktop（Windows & macOS） | Experienced Trader |
MIDAS 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.
Keywords
- 1-2 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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