Home -

Main body -

WikiFX Express

Exness

Midasama

Midasama | 2025-01-03 10:43

Abstract：According to WikiFX's investigation, there is no regulatory approval or oversight from any recognized financial regulatory organizations.

Note: Midasama's official website: https://www.midasama.com is currently inaccessible normally.

MidasamaReview Summary
Founded	2012
Registered Country/Region	Malaysia
Regulation	Scam Broker
Market Instruments	Forex, Precious metals, Commodities, Indices, Stocks
Demo Account	❌
Leverage	/
Spread	/
Trading Platform	MT4
Min Deposit	$1,000
Customer Support	Email: support@midasama.com

Midasama Information

Midasama claims to have been established in 2012 and is registered in Malaysia. It offers trading products including Forex, precious metals, commodities, indices and stocks. In addition, it offers MT4 as a trading platform. However, this broker is currently unregulated and illegal.

Pros and Cons

Pros	Cons
Offer MT4 as the trading platform	An illegal broker
	No payment method information
	The official website cannot be accessed

Is Midasama Legit?

Midasama is unregulated and illegal. The registration time on the official website is 2019, but it can't be accessed.

What Can I Trade on Midasama?

Midasama mentioned that it offers trading in forex, commodities, precious metals, stocks and indices.

Tradable Instruments	Supported
Forex	✔
Precious metals	✔
Commodities	✔
Indices	✔
Stocks	✔
Bonds	❌
ETF	❌

Account Types

Midasama claims to offer 5 different account types. The basic account requires a minimum deposit of $1,000. The next set of accounts require you to deposit at least $5,000, $10,000, $50,000 and $100,000, respectively.

Trading Platform

Midasama is offering a downloadable version of the MT4 trading platform to its traders.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	-	All traders
MT5	❌

Broker Dealer Forex margin

Related broker

Scam Brokers

Midasama

Company name：Midasama

Score

1.55

Website：https://www.midasama.com

Scam Brokers | 5-10 years | Suspicious Regulatory License | Suspicious biz area

Score

1.55

Vantage Markets Review 2025: Trusted Forex and CFD Trading Since 2009

Explore our 2025 Vantage Markets review! A trusted Sydney-based broker since 2009, offering forex, CFDs, low spreads, global regulation, and 24/7 support. Trade from $50!

Original 2025-06-06 11:53

What Makes AvaTrade a Force to Reckon with?

AvaTrade. The name that transpires hope. The name that transpires transparency. The name that transpires gains for traders like you. Read it to know how it helps traders make gains from the forex market.

Original 2025-06-05 20:21

Top Tips to Choose the Best Forex Broker in 2025

You need a solid forex broker to make the most of the currency fluctuation. The strategies they use to take you through the ups and downs of forex trading are beyond words. While the strategies may seem solid, the eventual gains matter more. That’s where you need to take notice of the forex brokers, how they approach, their fee structure, rating, etc. To help you evaluate forex brokers better, we have this guide for you. Read it to choose the right forex broker in 2025.

Original 2025-06-05 19:31

Rupee Continues to Fall Under Robust Demand for US Dollar

Rupee continued to fall for the sixth time in seven trading sessions on Wednesday (June 4, 2025) under robust demand for the US dollar. The Indian National Rupee slipped past 86 to the US dollar. The fall is attributable to the bullish bets made by traders for the USD. The day saw the rupee falling to 86.025 before recovering to end the day at 85.90. It was 0.4% lower than the previous day's close.

Original 2025-06-05 17:40