Midas fx

Written by How we review

Midas FX forex broker provides broad access to popular currency pairs and other markets via online platforms, with analysis tools and customer support. Features, fees, and availability may vary by region.
Start Trading

Key facts

6.8/10
Our rating
#187
Trust rank
2020
Founded
1
Licences
None (claims FSRA St Lucia only)
234
Countries accepted
HeadquartersSaint Lucia
Broker typeECN
RegulationNone (claims FSRA St Lucia only)
PlatformsMT4, MT5
InstrumentsCryptocurrencies, Forex, Indices, Metals
Fee levelMedium

Updated

Pros

  • • Low minimum deposit
  • • High leverage up to 1:1000
  • • Supports both MT4 and MT5 platforms
  • • Offers ECN and standard account types
  • • Accepts cryptocurrency deposits and withdrawals
  • • Provides access to multiple asset classes including forex, indices, metals, and crypto

    • Cons

  • • - Limited independent reviews and track record
  • • - Sparse research and education resources
  • • - No guaranteed stop-loss orders
  • • - Limited third-party platform/automation support
  • • - Customer support not 24/7

    • Key Features

  • • Forex and CFD Trading
  • • Multi-Platform Support
  • • Advanced Charting and Analytics
  • • Low-Latency Order Execution
  • • Risk Management and Order Types
  • • Account Security and Compliance

    • Similar Brokers

    Where This Broker Ranks

    Midas fx is not in the top 10 for any country or territory we rank yet. Each list shows the ten highest-rated brokers that accept clients there. How we rate brokers · All rankings by country

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

    See something wrong on this page?

    Report an issue with this broker listing

    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

    Affiliate disclosure: Some links are affiliate links. We may earn a commission if you sign up, at no extra cost to you. This helps keep BrokerCatalogue running and does not change how we rate or compare brokers.

    Frequently Asked Questions

    Check whether Midas FX is authorized to offer forex and CFDs in your region. Find the legal company name and any license details in the footer or legal pages. Confirm them on the regulator register and make sure the website domain matches the licensed entity. Read the client agreement for how funds are held, protections offered, and how complaints work. Note that registration is not the same as full authorization. This content is general information only and not financial or legal advice.

    Ask Midas FX which account types it offers and what you can trade. Common products include forex pairs and contracts on indices, metals, and energy. Check product lists and terms for your region. Read contract specs, margin method, and stop-out rules for each symbol. Confirm platform features, order types, and whether a demo account is available. Make sure you understand fees and funding rules tied to each account type. This page is for general information and is not advice.

    At Midas FX, your total cost can include the spread, a trade commission, and overnight financing on leveraged positions. You may also see costs for currency conversion, deposits or withdrawals, and inactivity. Check the fee schedule, product specs, and the client agreement. Compare costs across account types and platforms, as they can differ. Review how financing is calculated and when it is applied. Ask about fees from banks or payment providers. We provide general information only and no financial or investment advice.

    Funding and withdrawals at Midas FX depend on your region and method. You should only fund from accounts in your name. The broker may ask for identity checks before processing. Processing times can vary due to banking networks and internal reviews. Some methods can involve third-party fees. Keep confirmation records, and use the same route for withdrawal when possible. Check limits, required documents, and cut-off times in the payments policy. This is general information, not financial, legal, or investment advice.

    Midas FX sets execution rules in an order execution policy. Execution can be market or instant, depending on platform and symbol. Price slippage can occur during fast moves or thin liquidity. Orders can fill in parts or be rejected if size exceeds available liquidity. You can use limit orders to control price and stop orders to manage exposure, subject to gaps. Review routing, fill logic, and how the broker handles outages. This is general information only and not investment advice.

    Still comparing?

    See our full list of forex brokers and find the best fit for you. Use our forex broker comparison tool or visit all brokers page.

    Share this review

    Help other traders choose wisely.