I tend to regard the M50 as the minimum for hi-fi listening with no apologies for limitations. But if you have to go cheaper than the usual $125 USD for the M50, the B&O Form2 with a simple bass boost gives a real hi-fi sound, and it should be available for about $100. The Beyer DTX-501P (similar to soundmagic P30) is good for $100, but needs a slight treble boost. The LSTN Fillmore with wood cups is somewhat colored, but still a good listen and good for $100. Below $100 are the Sennheiser PX series – not hi-fi by any means. There are several good IEMs below $100, and Apple Earpods with a Dirac or Accudio Pro player are very hi-fi, and cheap.

Unlike with other codecs, AAC test signals from Android phones like the Huawei P20 Pro, LG V30, and Samsung Galaxy Note 8 all vary wildly. Though we can’t definitively say why each Android device seems to handle AAC encoding differently, the fact of the matter is that only Apple can do it well. We suspect some of the power saving features baked into the Google ecosystem’s varying hardware has consequences for audio playback. Nowhere is this more apparent than Huawei’s power-sipping P20 Pro, which seems to cut out at around 14.25kHz.
The usual way of limiting sound volume on devices driving headphones is by limiting output power. This has the additional undesirable effect of being dependent of the efficiency of the headphones; a device producing the maximum allowed power may not produce adequate volume when paired with low-efficiency, high-impedance equipment, while the same amount of power can reach dangerous levels with very efficient earphones.
To be honest, I was looking at the M50 because I knew another person that had them & was very happy with them, also I read reviews online which were positive. However, I didn’t realize until now that the possibilities are pretty endless when it comes to headphones, which is why I was asking for some direction… It just sucks cause my budget is definitely limited…
I see, yes, but that should serve as an important lesson – the soundstage is not real in the same sense as actual tones, bass, treble, whatever. Soundstage is a perception that’s based on many factors, and here’s a challenge for you: You should be able to find some music tracks that have better soundstage on one headphone, and other tracks that will be better on the other headphone. Most of the time it will be just one way, but when a closed headphone beats an open headphone, I expect the open headphone will still show an advantage on some tracks. Your hearing perception could be tricked by simple things like a recess or emphasis in certain frequency ranges, or even phase shift when more than one driver is in the cup.

Gaming headsets are headphones that have a microphone attached and allow users to speak to other people and hear them with the same device. In fact, gaming headsets have other practical applications as well. You can use them in business or personal situations when you want to speak to people on a computer using a video phone program or social media chat room. Although these work for music applications, they're more suited for conversational clarity.