Know your workspace.
Start with MT5 installation, the correct broker server, and a demo account. Find Market Watch, charts, and the instrument specifications.
MiexD Markets / Foundations first
Learn the platform.
Understand your costs.
Start with MT5 and a demo workspace. Learn how quotes, trading costs, and risk work, then build toward instrument-specific examples such as gold.
Broker referral
Referral link. MiexD earns commissions based on eligible trading volume from clients referred to Switch Markets.
CFDs are complex leveraged products with a substantial risk of loss. Consider whether you can afford that risk.
Available to eligible clients only. Availability depends on your country and the applicable Switch Markets entity. Country restrictions & terms (opens in a new tab) ↗
Academy enrollment is closed. Registration or funding does not unlock lessons. Explore the learning path →
MT5 / Demo first
Set up → Understand → Practise
A MiexD project
01 / The approach
A foundation
before the first trade.
Begin with the platform, the terms, and the costs. Build a demo routine before moving into chart examples or a particular market.
Read the terms.
Understand bid and ask, contract size, spread, commission, and overnight financing. Ask how an introducing broker is paid and whether any extra markup applies.
Practise with context.
Work through demo orders, position sizing, and a journal. Study later examples such as gold with the basics in place. Demo results do not establish live performance.
02 / Cost clarity
Know what
“free” costs.
An education offer can come without an upfront fee. Trading still has costs. A useful lesson should make those costs easier to understand.
XAUUSD / A cost experiment
Same trade.
Different starting cost.
A small-looking spread scales with your position. Compare two total bid–ask gaps, then add each example’s commission to see more of the cost.
Example contract: 1 lot = 100 troy ounces. All amounts are USD. Check your exact XAUUSD symbol’s contract size and charges in MT5 before applying this example. Published contract reference (PDF, opens in a new tab) ↗
02 / Add any known commissions
Blank = unknown. Enter 0 only for a zero-commission example.Example A / Total spread
0.08 USD / troy oz
Example B / Total spread
0.50 USD / troy oz
Use each example’s own rate. If a rate covers opening and closing (round trip), divide it by two for this per-side field. Leaving it blank still shows spread impact, but keeps the combined cost incomplete.
No account needed. Calculations stay in your browser.
Choose your lot size, enter any known commissions, then simulate entry.
Your illustrative entry
Example A 0.08 spread
- Spread impact
- Entry commission
- Combined initial cost
- Open + close estimate
Example B 0.50 spread
- Spread impact
- Entry commission
- Combined initial cost
- Open + close estimate
Combined initial cost = spread impact + one side’s commission. Open + close assumes unchanged quotes and equal commission on each side: count the spread once, plus both sides’ commissions. ≈ indicates rounding to cents; a broker may round charges differently.
| Lots | 0.08 spread | 0.50 spread | Difference |
|---|---|---|---|
| 0.01 | $0.08 | $0.50 | $0.42 |
| 0.10 | $0.80 | $5.00 | $4.20 |
| 1.00 | $8.00 | $50.00 | $42.00 |
Spread impact = total spread × 100 ounces × lots. Enable JavaScript to choose a position size and add separate commissions.
Why a trade can start below zero. A buy opens at the ask and is valued for closing at the bid; a sell opens at the bid and is valued for closing at the ask. That gap creates the initial spread impact. It is not a separate cash fee. Commission timing and presentation depend on the account.
These are unnamed teaching scenarios, not current broker quotes or a claim about who receives a markup. Actual spreads vary. Estimates exclude price movement, slippage, overnight financing, other fees, and account-currency conversion. The simulator’s 1.00-lot maximum is an example limit, not a suggested position size.
Read the spread.
The gap between bid and ask is one part of the cost. A broker’s pricing may include a markup; a wider spread alone does not establish its cause or who receives it.
Look beyond one number.
Check separate commissions, overnight financing, and other account charges. Compare the same instrument, position size, account type, and market conditions.
Follow the incentive.
IB arrangements vary. Ask whether compensation comes from the broker’s revenue, an added markup, or another agreed fee. Understand the cost before you accept the offer.
Our relationship, in plain sight. MiexD earns commissions based on eligible trading volume from referred Switch Markets clients. That creates an incentive for clients to trade. Review your account’s complete charges with Switch Markets, including any applicable markup, before making an account decision.
Explore the costs module03 / Inside the Academy
Trading
Foundations.
Six planned modules, beginning with MT5 and a demo workspace. Learn how the platform, quotes, costs, and risk fit together before studying instrument-specific examples.
Recordings and the member library are in preparation. Explore the outline now, with a free quote-reading example available as a later exercise.
See the course outline- 01Set up MT5 & a demo account
- 02Read quotes & contract specifications
- 03Understand costs & broker compensation
- 04Position size, margin & risk
- 05Demo orders & chart context
- 06Journal & review
04 / The planned Academy access model
Clear conditions.
Verified access.
Future full Academy access is planned for eligible clients with a funded account confirmed under MiexD’s Switch Markets referral.
Enrollment is not open. The broker referral is available above, but registering or funding does not unlock Academy lessons. Do not register or deposit funds to obtain Academy access while enrollment is closed.
Confirm availability.
Availability depends on your country, the applicable Switch Markets entity, and local requirements. Switch Markets confirms whether you are eligible for its services.
Register independently.
The referral takes eligible clients to Switch Markets, where they review the broker’s terms and make their own account decisions. MiexD does not take deposits or handle broker credentials.
Verify before future access.
When Academy enrollment opens, referral attribution and successful funding must be checked against broker records before a manual access decision. A clicked link or screenshot alone is not confirmation.
Our financial interest. MiexD receives broker commissions based on eligible trading volume from referred clients. That creates a financial incentive for clients to trade. Broker registration is separate from the Academy, which is still in preparation.
05 / A little clarity
Before you begin.
A broker referral for eligible clients, a public learning preview, and the full Academy still being prepared.
Is MiexD Markets a broker?
MiexD Markets is the financial-markets branch of MiexD. It provides an educational preview and a disclosed referral to Switch Markets. Trading accounts are opened directly with the broker. MiexD does not execute trades, take client deposits, or provide a member trading platform.
Can I join the full Academy now?
Not yet. The member platform, course recordings, and enrollment arrangements are in preparation. Registering or funding through the broker referral does not unlock Academy lessons. The public sample is free and requires no broker account or deposit.
Will every country be eligible?
No. Availability depends on your country, the applicable Switch Markets entity, and local requirements. Read the broker’s current country restrictions and terms ↗ and confirm your eligibility with Switch Markets.
Are signals, copy trading, or investing services available?
No. The first focus is education. Those are possible future directions for MiexD Markets, with their own development, terms, and availability checks before any launch.
Does the sample lesson tell me what to trade?
The sample explains quotes and includes a short understanding check using simulated numbers. It contains no live market feed, buy or sell recommendation, personalised assessment, or promise of trading results.
Begin with the foundations.
Learn the workspace. Read the terms. Make room for practice.