Midori FX

WikiFX | 2025-05-09 13:54

Ikhtisar：Midori FX, based in South Africa, is an online trading broker that provides access to over 57 FX currency pairs, stock indices, and commodities via the MT5 platform. They offer three account types: Standard, Raw, and Bull, with leverage up to 1:2000. Spreads start from 0.0 pips on the Raw account, and transaction fees vary. The minimum deposit is $0, and both deposits and withdrawals are free, with options including cryptocurrencies and credit/debit cards.

Midori FX Review Summary
Founded	2023
Registered Country/Region	South Africa
Regulation	Exceeded
Market Instruments	currency pairs, stock index, and commodities
Demo Account	Yes
Leverage	Up to 1:2000
Spread	From 0.0 pips
Trading Platform	MT5
Min Deposit	$0
Customer Support	support@midorifx.com
Customer Support	+27120043084

Midori FX Information

Midori FX, based in South Africa, is an online trading broker that provides access to over 57 FX currency pairs, stock indices, and commodities via the MT5 platform. They offer three account types: Standard, Raw, and Bull, with leverage up to 1:2000. Spreads start from 0.0 pips on the Raw account, and transaction fees vary. The minimum deposit is $0, and both deposits and withdrawals are free, with options including cryptocurrencies and credit/debit cards.

Pros and Cons

Pros	Cons
Supports Meta Trader 5	Exceeded regulation
High leverage up to 1:2000	Higher minimum deposit for a bull account
No fees for deposits and withdrawals	Commission on raw account

Is Midori FX Legit?

Midori FX once had a Financial Service Corporate license regulated by the Financial Sector Conduct Authority (FSCA) in South Africa with a license number 53077. But it has exceeded currently.

Regulatory Status	Exceeded
Regulated by	South Africa
Licensed Institution	The Financial Sector Conduct Authority (FSCA)
Licensed Type	Financial Service Corporate
Licensed Number	53077

What Can I Trade on Midori FX?

Midori FX offers trading in over 57 FX currency pairs (Major, Minor, Exotic), stock indices, and commodities like metals and energy.

Tradable Instruments	Supported
Currency Pairs	✔
Commodities	✔
Metals	✔
Stock Indices	✔
Bonds	❌
Shares	❌
Futures	❌

Account Type

Midori FX offers three account types: Standard (bonus-eligible, no transaction fees), Raw (low spreads, commission-based, bonus-eligible), and Bull (lowest spreads, no bonus, high leverage, no order limit, higher minimum deposit). Besides, they also offer demo accounts.

Feature	Standard Account	Raw Account	Bull Account
Description	Eligible for bonuses, no transaction fees, popular for all trader levels.	Applicable for low spreads, bonus available, fee charged per transaction, recommended for bonus users.	Not applicable for low spreads, no transaction fees, not eligible for bonuses, high leverage, no order limit.
Bonus for opening an account	Yes	Yes	No
Deposit bonus	Yes	Yes	No
Active Interest Program	Yes	Yes	Yes
Spreads from (pips)	1.5~	0.0~	0.6~
Maximum leverage	1:1000	1:1000	1:2000
Target for transaction	Over 57 FX currency pairs, stock index, Commodities	Over 57 FX currency pairs, stock index, Commodities	Over 57 FX currency pairs, stock index, Commodities
Base Transaction Currency	USD, JPY	USD, JPY	USD, JPY
Margin Call	100%	100%	100%
Stop Out	50%	50%	20%
Maximum Number of Orders	200	200	No Limit
Minimum Deposit	None	None	2,000 USD
Transaction fee	Free	USD account: 6 USD/lot (round trip)	Free

Leverage

Midori FX provides a maximum leverage of 1:1000 for its Standard and Raw accounts, and a higher maximum leverage of 1:2000 for its Bull account.

Feature	Standard Account	Raw Account	Bull Account
Maximum leverage	1:1000	1:1000	1:2000

Midori FX Fees

Spreads and commissions:

Midori FX offers spreads starting from 1.5 pips on the Standard account and from 0.0 pips on the Raw and 0.6 pips on the Bull account, with maximum leverage of 1:1000 for Standard and Raw, and 1:2000 for Bull; transaction fees are free for Standard and Bull accounts, while the Raw account charges 6 USD per lot (round trip) for USD-based accounts.

Feature	Standard Account	Raw Account	Bull Account
Spreads from (pips)	1.5~	0.0~	0.6~
Transaction fee	Free	USD account: 6 USD/lot (round trip)	Free

Swap points:

Midori FX's swap points for major currency pairs vary, with some pairs like EURUSD and AUDUSD having negative swap values for long positions and positive for short, while others like USDJPY and USDCHF show positive swap for long and negative for short positions.