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From my personal experience navigating the account and fee structures of various brokers, including Midas Securities, I approach every new platform by thoroughly examining their cost transparency and clarity. In the case of Midas Securities, the fee structure is primarily centered on commissions for securities traded on the Hong Kong market, rather than traditional forex ECN or raw spread accounts one might see elsewhere. For trading Hong Kong-listed stocks and derivatives, Midas Securities does apply a commission charged per transaction—specifically, up to 0.08% (with a minimum of HK$50) for online trading and up to 0.15% (minimum HK$68) for trades executed by phone. It is critical to note that this commission is assessed per trade, not per individual lot in the sense commonly used in forex trading. Their service appears focused on securities and derivatives listed in Hong Kong, so conventional ECN or raw spread forex accounts, with per-lot commissions, are not specifically mentioned or offered here according to the latest context available to me. For anyone considering Midas Securities, I strongly recommend reviewing their most current fee schedules and confirming directly whether forex products with a per-lot commission are available, as fee structures and supported products can change over time. Transparency and direct clarification are essential, particularly with regard to all transaction-related costs, to avoid unwelcome surprises.