MidasFX review: Trading instruments, Trading platforms, Broker features, and Traders ratings.
3.913 •
4 REVIEWS
What is MidasFX?
MidasFX is a forex broker with the top forex trading platforms of MetaTrader 5 and MetaTrader 4 in PC, Mobile and Web version.
MidasFX.com offers over 65 forex currency pairs, gold, silver, other metals, oil, commodities, indices, bitcoin and other cryptocurrencies for your personal investment and trading options.
Please read Midas FX Reviews below and share your live trading experiences with this broker.
Broker Details
Minimum Trade Size: | 0.01 |
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Maximum Leverage: | 1000:1 |
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Minimum to Open Live: | $1 |
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Established: | 2020 |
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Address: | Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, Saint Vincent And Grenadines |
Contact: | Support@midasfx.com, +00 1234567891 |
Regional offices: | |
Regulators: | |
Prohibited countries: | Unknown |
Trading platforms: | MT4, MT5 |
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Web Trading: | ✅ Yes |
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Mobile Trading: | ✅ Yes |
ECN: | ✅ Yes |
Currencies: | (70+) |
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Cryptocurrencies: | (4) Bitcoin, Litecoin, Ethereum |
CFD: | (30+) Gold, Silver, Other Precious Metals, Stock Indexes, Oil, Other Commodities |
Trading Conditions |
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Hedge: | ✅ Yes |
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EAs/Robots: | ✅ Yes |
News Trading: | ✅ Yes |
Scalping: | ✅ Yes |
Deposit Methods: | Bitcoin, Ether/Ethereum, Litecoin, Tether (USDT), USD Coin (USDC) |
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Withdrawal Methods: | Bitcoin, Ether/Ethereum, Litecoin, Tether (USDT), USD Coin (USDC) |
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3.913 •
4 REVIEWS
Recent User Reviews of MidasFX
Donmyles
Dallas, USA,
Apr 8, 2024,
Registered user
Pretty Solid so far
Service use: Live
Length of use: 0-3 Months
Some of the best spreads on FX pairs I've seen with solid execution time. Withdrawal was less than 24hrs in crypto. The only reason I didn't give it 5 stars was because it wasn't great commission ($5/lot round turn) and spreads on Indicies could be better also.
alphafly
Texas, USA,
Mar 22, 2024,
Registered user
Price issue
Service use: Live
Length of use: 0-3 Months
I tried hedging and noticed on the readout that the price for my positions was different, even though I was trading the same pair (usdjpy) my sell would be a higher price and the buy a lower price. I quickly realized it was so the broker would make money off my positions regardless.
adels41
California, USA,
Sep 20, 2023,
Registered user
Got my withdraw
Service use: Live
Length of use: 0-3 Months
I just want to adjust my last reveiw for withdraw problem. They made manual withdraw for me and sent me the money. It was technical issue
Sep 19, 2023 - 1 Star I tried to withdraw 400, they say confirm the link on your email. Never they send any email never get your money. Never reply to your email such as helpdesk or finance support or sail. It is all fake. The only one you can chat with is the cahat person who can do nothing eccept sayig send email to finance or support which never reply. And can do nothing. It has been more than seven days no reply.
Sep 19, 2023 - 1 Star I tried to withdraw 400, they say confirm the link on your email. Never they send any email never get your money. Never reply to your email such as helpdesk or finance support or sail. It is all fake. The only one you can chat with is the cahat person who can do nothing eccept sayig send email to finance or support which never reply. And can do nothing. It has been more than seven days no reply.
F
ficko91
Valjevo, Serbia,
May 17, 2023,
Registered user
Good brokerage company
Service use: Live
Length of use: 3-6 Months
After a couple of months of using services of this broker I can say everything is good so far. Tight spreads, good customer support team. The only thing that I don't like is that they're taking 1-2 days for withdrawals, the rest is fine.