Basic Information
Registered Region 
United Kingdom
United KingdomOperating Period
2-5 years
Company Name
MIDAS EXCHANGE
Contact Number
+442081333045
Company Website
Company Address
108 Park End St, GL18 5AQ, London, United Kingdom.
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
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/10
MIDAS EXCHANGE
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.
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
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Company Summary
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Website
midexc.com
18.195.191.43Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Genealogy
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Relevant Enterprises
MIDAS EXCHANGE LIMITED(United Kingdom)
Active
United Kingdom
Registration No. 05464042
Established
Related sources Website Announcement
Employees
LESLIE JAMES PYLE
United Kingdom
Secretary
Start date
Status
Employed
MIDAS EXCHANGE LIMITED(United Kingdom)
DAVID HAWKINS
United Kingdom
Director
Start date
Status
Employed
MIDAS EXCHANGE LIMITED(United Kingdom)
LESLIE JAMES PYLE
United Kingdom
Director
Start date
Status
Employed
MIDAS EXCHANGE LIMITED(United Kingdom)
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
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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