Global Broker Regulation Inquiry App
WikiFX
Xxpro 
1-2 years
What types of accounts are available with MidasFX?
Broker Issues
Account
Platform
Instruments
Leverage
07-26
United States
WikiFX
Reply
MidasFX offers two types of accounts: ECN and STD. The ECN accounts provide zero spreads and a $5 commission per $100k traded, while the STD accounts have spreads starting at 0.7 pips and no commission. This gives me the option to choose based on my trading style. For those like me who prioritize tight spreads and direct market access, the ECN accounts are ideal, but the commission fees should be taken into account. For traders who prefer commission-free options, the STD accounts might be a better fit, despite the wider spreads.
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