Midasama
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 | ❌ |
Read more
Axi Reveals Game-Changing Edge Score Tool to Elevate Traders
Axi launches the Edge Score Explainer, a tool providing traders with real-time insights, personalized metrics, and actionable data to enhance trading performance.
Is eToro Leaving London to Focus on a $5B U.S. IPO in 2025?
eToro plans a $5B U.S. IPO in 2025, shifting focus from London to the U.S. market. Discover details on eToro's valuation, SEC filing, and future in fintech.
FCA Warning List: 10 New Unregulated Forex Brokers Added
On 21 January, 2025, the Financial Conduct Authority (FCA), the UK's primary financial regulator, expanded its warning list to include 10 additional unregulated forex brokers. The FCA warning lists, updated on a daily basis, remain an important tool intended not only to protect consumers but also to alert the financial services industry. When an FCA warning emerges, it signals red flags like unsolicited investment pitches, promises of unrealistic returns, or pressure tactics. The addition of these 10 new entities comes amid growing concerns over the rise of unauthorized forex trading platforms, particularly those operating through overly complex online interfaces yet riddled with bugs and aggressive social media marketing campaigns. Let's catch a glimpse of those on the list.
Vantage Markets Extends Deposit Bonus to Boost Copy Trading
Vantage Markets extends Deposit Bonus for Copy Trading Accounts lets you trade smarter. Enjoy bonus capital, profit-sharing, and intuitive trading tools today!
WikiFX Broker
Latest News
IG Japan Extends US Stock CFD Trading Hours in 2025
WikiFXALERT! Warning against Livaxxen
WikiFXWhich Zodiac Sign Makes the Best Trader?
WikiFXPlus500 Collaborates with Topstep, Prop firm
WikiFXRobinhood Launches Crypto Trading Services in Spain
WikiFXArchax Secures FCA Approval to Oversee Crypto Promotions in the UK
WikiFXCLS Global Admits to Crypto Fraud
WikiFXPhilippine SEC Urges Caution Regarding Ecomamoni
WikiFXBecome Women Brand Ambassador of Yamarkets
WikiFXHow Often Do U.S. Recessions Impact Online Trading Trends?
WikiFXRate Calc
