Midas review

A stock trade fee of $1.50 applies to share dealing, and the account fee is TRY 0. Midas runs a low-fee model rather than a percentage-based commission, so the per-trade charge is the number to compare against other brokers.

The account fee is TRY 0 and the minimum deposit is $0, so there is no barrier to opening an account or funding it. Deposits are free as well, which keeps the cost of getting money in to nothing.

Midas is regulated by Sermaye Piyasasi Kurulu (SPK) in Turkey, as listed in Sermaye Piyasasi Kurulu (SPK). The broker trades as Midas Menkul Degerler A.S. and sits under TR, so the protection rules that apply depend on the Turkish scheme.

The account covers stocks, ETFs, forex, crypto, bonds and funds according to stocks, etfs and forex. That mix suits a reader who wants one place for shares and currency rather than separate accounts.

Desktop trading is not among its listed platforms (mobile app), which shows a mobile app only, and a mobile app also appears among the account features. Anyone who needs charting tools and screen space for longer sessions should weigh that before opening.

Deposits are free, which is the stated position in Free deposits. No withdrawal charge is listed, so the only clear cash cost on the account is the stock trade fee.

The stated audience covers both beginners and experienced investors in experienced and beginners, and the account carries crypto, fractional shares, options and a mobile app in crypto, fractional shares and options. A new investor can start small, while a more seasoned one has options and fractional holdings to use.

Support runs on phone and chat, which lists phone and chat. Both are live channels, so a question about a deposit or a trade can be raised directly rather than by email alone.