Midas license terms

A Midas license lets you run the Midas Expert Advisor on one MetaTrader 5 account. There are two plans with identical features: Monthly for $99 (one month) and Lifetime for $399 (one-time, no expiry date). The advisor can lose money, nothing here is investment advice, and refunds follow the rules below: 90 days if the key was never activated, 30 days if Midas could not be started through our fault. This page says in plain words what you get and what you accept when you buy.

What does a Midas license include?

Both plans give you:

• the advisor file Midas5.ex5 for MetaTrader 5, built for XAUUSD (gold) only;
• a personal settings file (.set) with your license key and account number already inside;
• the on-chart panel with the Grid, Autolock, Exit and Alerts tabs, in English and Russian;
• the help center and support in the Telegram bot @MidasGridBot;
• re-downloading the files at any time while the plan is active.

Can I use one license on several accounts?

No. A key is tied to one MT5 account number, and a plan is issued for one account. You can move the license to another account in the bot: Cabinet → Other account, send the new number and download the new settings file. The old key is revoked. The number of such changes per month is limited, and the bot shows the limit.

Each account needs its own MT5 terminal. If you plan to run Midas on a second account at the same time, write to support before you buy.

The account itself must be a hedging-type cent account on MetaTrader 5. Netting accounts are not supported. How to choose one.

How does the license check work?

• The advisor checks its key on our server, lic.midasgrid.com, at most once an hour. For that, MT5 must have the address on its WebRequest list (step 6 of the install guide).
• If the server cannot be reached, trading goes on for another 24 hours on the last successful check.
• A license never closes your positions. If a key is invalid, expired or revoked, only a new series does not open. An open basket is still carried through to its end.
• For a monthly plan the bot reminds you three days before the end, and again when it has expired.

What are the risks, and who decides what to trade?

The advisor can lose money. Midas is a martingale-style grid, and a grid can lose part or all of a deposit on a strong move against the basket. That is a property of the strategy, not a malfunction.

• Nothing on this site or in the bot is individual investment advice.
• We do not promise profit, a particular drawdown, or that any deposit size will survive. Past and simulated results do not decide future ones.
• You choose the broker, the account, the deposit, the settings, and when to run or stop the advisor. The stop-out is the broker's mechanism. Spread, slippage and leverage changes come from the broker and are outside our control.
• Trade only with money you can afford to lose. Check your own settings in the grid calculator and read Risk, plainly before you fund an account.

How do I pay?

Payment is made inside the Telegram bot. You top up your cabinet balance with a crypto transfer (USDT, in the networks the bot offers) and then buy a plan from that balance. Prices are in US dollars. A minimum top-up applies, and the bot shows it.

Money on your cabinet balance that you have not spent on a plan can be withdrawn in the bot. A minimum amount and a network fee apply, and the bot shows both before you confirm.

What about refunds?

We refund on both plans, Monthly ($99) and Lifetime ($399), in two cases:

• Within 90 days of purchase: a full refund if the key was never activated, that is, Midas never ran with it on any MT5 account. Our license server log shows this.
• Within 30 days of purchase: a refund if Midas could not be started through our fault: the key does not activate, or the advisor does not start on a suitable MT5 hedging cent account, and support did not fix it within 7 days.

Trading losses are not refunded. One refund per person.

How to ask: open @MidasGridBot, press "Support", then "Call a human", and say when you bought and which plan. The money returns to your cabinet balance within 3 business days. From there you can withdraw it in USDT; the network fee applies, and the bot shows it before you confirm.

Money on your cabinet balance that you have not spent on a plan can be withdrawn at any time.

Changes to these terms

We update this page when the plans or the conditions change. The date at the top shows the last change. What each release changed in the advisor is on the changelog.

Frequently asked questions

How many accounts can one Midas license run on?

One MT5 account. The key is tied to the account number you give the bot. You can move the license to another account with "Other account" in the bot, and the old key is then revoked. For two accounts at the same time, ask support before you buy.

What happens when a monthly Midas license ends?

New series stop opening. The license never closes positions, so a basket that is already open is still carried through to its end. The bot reminds you three days before the end and when the plan has expired, and you can extend it in the cabinet.

Does Midas have a refund policy?

Yes. Within 90 days of purchase you get a full refund if the key was never activated (Midas never ran with it on any MT5 account). Within 30 days you get a refund if Midas could not be started through our fault and support did not fix it within 7 days. This applies to both plans. Trading losses are not refunded, and there is one refund per person. To ask, open the bot, press "Support", then "Call a human"; the money returns to your cabinet balance within 3 business days.

Is Midas Grid on the MQL5 Market?

No. Midas Grid is sold only on midasgrid.com and in the Telegram bot @MidasGridBot. Advisors with similar names on the MQL5 Market are not ours.

Is the Lifetime plan different from Monthly?

Only in duration. Both plans have the same advisor and the same features, and each is tied to one MT5 account. Lifetime is paid once, has no expiry date and comes with free updates.

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