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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

MIDAS EXCHANGE

United Kingdom United Kingdom | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://midexc.com/

Website

Rating Index

Contact

+44 20 8133 3045
https://midexc.com/
108 Park End St, GL18 5AQ, London, United Kingdom.

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom
Operating Period
2-5 years
Company Name
MIDAS EXCHANGE
Contact Number
+442081333045
Company Website
Company Address
108 Park End St, GL18 5AQ, London, United Kingdom.
Website
Genealogy
Related Companies
Employees
Company Summary
Wiki Q&A
Comment

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Official Website

Website

  • midexc.com
    18.195.191.43
    Server Location
    Germany Germany
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

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MIDAS EXCHANGE

Related Companies

MIDAS EXCHANGE LIMITED(United Kingdom)
United Kingdom
MIDAS EXCHANGE LIMITED(United Kingdom)
Active
United Kingdom
Registration No.05464042
Established
Related sourcesWebsite Announcement
Employees

Company Profile

Company Profile

Review summary

MIDAS EXCHANGEReview Summary
Founded1-2 years
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, shares, commodities, precious metals, indices, and futures
Demo Account
LeverageUp to 500:1
Trading PlatformMTR Brochure and MT5
Min Deposit$50
Customer SupportTelephone: +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.

MIDAS EXCHANGE Information

Pros and Cons

ProsCons
Offers six types of tradable assetsUnregulated
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.

Is MIDAS EXCHANGE Legit ?
Is MIDAS EXCHANGE Legit ?

What Can I Trade on MIDAS EXCHANGE?

Midas Exchange offers six types of trading products: Forex, shares, commodities, precious metals, indices, and futures.

Tradable InstrumentsSupported
Forex
Shares
Commodities
Precious Metals
Indices
Futures
What Can I Trade on MIDAS EXCHANGE?

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 Account
Base CurrencyUSD, EUR, GBP, PLN, AEDUSD, EUR, GBP, PLN, AED
Leverage500:1500:1
SpreadVariable0.5 pips better
CommissionNoNo
Execution ModeMarketMarket
MicrolotsYesYes
Minimum Deposit$50$20,000
Account Type

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 PlatformSupportedAvailable DevicesSuitable for
MTR BrochureWeb and MobileBeginner
MT5Mobile and Desktop(Windows & macOS)Experienced Trader
Trading Platform

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.

Deposit and Withdrawal

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Can MIDAS EXCHANGE be considered a credible broker?

Based on its WikiFX total score of 1.34 out of 10, MIDAS EXCHANGE exhibits a high-risk profile. The score reflects significant concerns, particularly regarding its lack of regulatory oversight and risk control. The entity is classified with an atypical business scope and operates without any valid regulatory licenses. These factors collectively indicate a substantial deviation from the standards typically associated with credible, mainstream brokerage firms.

Three days ago
United States

What regulatory licenses does MIDAS EXCHANGE hold?

MIDAS EXCHANGE operates without any verified mainstream regulatory licenses for forex trading. The WikiFX data shows no valid licenses listed under its profile, confirming its status as an unregulated entity. This absence of formal oversight means it lacks the investor protections, capital adequacy rules, and dispute resolution mechanisms mandated by major financial authorities like the FCA in the UK, where the company is registered.

Three days ago
United States

When was MIDAS EXCHANGE established?

MIDAS EXCHANGE has been operating for an estimated 2 to 5 years. The firm is registered in the United Kingdom.

Three days ago
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Three days ago
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Three days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Three days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Three days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Three days ago
United States
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