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MDM -

Regulated

Score

8.31 /10

Good

MDM

Item: MDM
Rating: 8.31

Australia

5-10 years

Regulated in Australia

Market Making License (MM)

MT5 Full License

Global Business

Offshore Regulation

https://www.midasmkts.com/en

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Comparison

Quantity 2

Exposure

Open Account

Website

Score

Regulatory Index6.61

Business Index7.26

Risk Management Index8.24

Software Index9.02

License Index8.40

Open Account

Website

Licenses

ASIC Regulated

Market Making License (MM)

ASIC Regulated

Inst Forex Execution (STP)

VFSC Offshore Regulation

Forex Trading License (EP)

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

40G

open now

Broker Information

Company Name

MIDAS MARKETS PTY LTD

Company Abbreviation

MDM

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Survey

MDM

Australia

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Benchmark	--
Maximum Leverage	1:1000
Minimum Deposit	300.00 USD
Minimum spread	0.0
Products	--

Currency	--
Minimum position	--
Supported EA
Depositing Method	(12) Neteller MASTER VISA Bank transfer
Withdrawal Method	--
Commission	--

Exposure

2 pieces of exposure in total

Pyramid scheme complaint

Expose

Unable to Withdraw

I hope WikiFX can help me recover my legally obtained profits.

W80881

2026-03-26 19:50

Unable to Withdraw

Previously, profits could be withdrawn freely, but recently, due to the large market fluctuations, profitable trades have been deemed violations, and without providing a concrete reason, the withdrawal channel has been locked, preventing withdrawals.

It was alright before, I could normally withdraw with either profits or losses, but now they've completely stopped allowing withdrawals, and they're just dragging their feet without issuing any documentation. They're asking for my trading records on other platforms, but I only trade with them; how am I supposed to provide trading records for other forex platforms? It's like they're using a shill to prevent withdrawals, making it feel like they're about to abscond. This shameless platform is disgusting.

MAIKE8

2026-03-26 19:23

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