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How much leverage does Midas Securities provide for major forex pairs, and how does this leverage differ when trading other asset classes?

Broker Issues
Midas Securities
Account
Platform
Instruments
Leverage
03-13
United States
WikiFX
Reply

Based on my careful review of the available information about Midas Securities, I was unable to find any direct details or references regarding leverage ratios for major forex pairs. From what I gathered, Midas Securities focuses primarily on Hong Kong-listed stocks, derivative warrants, ETFs, and bonds rather than spot forex trading. The firm's regulatory license with Hong Kong's SFC is specifically for dealing in securities rather than leveraged forex instruments. In my experience, a broker's licensing and market focus are crucial in determining the types of products and leverage offered. Since Midas Securities explicitly positions itself in the securities and fixed income space, it is unlikely they offer leveraged forex trading in the same way that typical forex brokers do. The available documentation covers comprehensive stock and bond trading, with mention of margin arrangements for stocks, but does not specify any leverage levels for foreign exchange products. For those seeking leverage for forex trading, I would proceed with caution and directly confirm with the broker about the availability and terms of such products. It's important not to assume the presence of traditional forex leverage simply because a broker is active in financial markets. In my view, paying close attention to the licensing scope and public disclosures is essential, especially when considering risk management and regulatory protections in different asset classes. If your primary need is leveraged forex trading, make sure to request transparent, detailed terms before making any commitment.

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