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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
Founded2012
Registered Country/RegionMalaysia
RegulationScam Broker
Market InstrumentsForex, Precious metals, Commodities, Indices, Stocks
Demo Account❌
Leverage/
Spread/
Trading PlatformMT4
Min Deposit$1,000
Customer SupportEmail: 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 platformAn 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.

Is Midasama Legit?
Is Midasama Legit?

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 PlatformSupported Available Devices Suitable for
MT4✔-All traders
MT5❌
BrokerDealerForex 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

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