Global Broker Regulatory Inquiry Platform
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

MDM

Australia Australia | 5-10 years |
ECN Account Regulated in Australia | Inst Forex Execution (STP) | MT5 Full License | Global Business | Medium potential risk | Offshore Regulated

https://www.midasmkts.com/en

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

4
Server Name
MMCo-MainMT5
Server LocationSingaporeSingapore

Contact

+678 284 346 2897
https://www.midasmkts.com/en
International Business Centre, Pot 820/104, Route Elluk, Port Vila, Vanuatu
WikiFX Risk Alerts
  • This broker is not licensed to conduct retail forex business. Please be aware of the risks.

Basic Information

Registered Region
Australia
Operating Period
5-10 years
Company Name
MIDAS MARKETS PTY LTD
Abbreviation
MDM
Company employee
--
Contact Number
+6782843462897
Company Address
International Business Centre, Pot 820/104, Route Elluk, Port Vila, Vanuatu
麦克8

麦克8

Unverified

Hong Kong

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.

Exposure

W80881

W80881

Unverified

Hong Kong

I hope Tianyan can help me recover my legitimate earnings

Exposure

Camileee

Camileee

Unverified

Australia

APP Operation Convenient Morning Withdrawal Arrives in a Few Hours

Positive

Positive

优优UU澳洲生活

优优UU澳洲生活

Unverified

Australia

Instant account opening, withdrawals can be credited within a few hours, smooth and non-laggy interface, fully licensed and regulated with 10 years of trust, good reviews.

Positive

Positive

没有名字的澳洲龙虾

没有名字的澳洲龙虾

Unverified

Australia

MDM has no requote issues, and the EA runs orders very effectively

Positive

Positive

币圈小能手007

币圈小能手007

Unverified

Hong Kong

I've experienced it for a month, and it's genuinely good. I'll continue to observe further. Withdrawals are also fast, and there are recent activities.

Positive

Positive

MDM

MDM

Unverified

Hong Kong

The account opening process is simple, and the customer service is very helpful! No slippage, instant deposits and withdrawals!

Positive

Positive

币圈小能手007

币圈小能手007

Unverified

Hong Kong

Just started using it and it feels pretty good, plus it's a big brand from Australia. Will continue to try it out.

Positive

Positive

8
Account
Related Software
Website
Genealogy
Related Companies
News
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
39.00
velocityIcon
Average Latency (ms)/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Meta Trader 5
Perfect

Users who viewed MDM also viewed..

Fortune Prime Global

Fortune Prime Global

8.58
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Fortune Prime Global
Fortune Prime Global
Score
8.58
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
PUPRIME

PUPRIME

8.53
Score
ECN Account5-10 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
PUPRIME
PUPRIME
Score
8.53
ECN Account5-10 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
XM

XM

9.10
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
XM
XM
Score
9.10
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
GTCFX

GTCFX

9.23
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
GTCFX
GTCFX
Score
9.23
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website

Website

  • United States bcrintl.com
    216.150.1.1
  • United States mcyfd.org
    216.150.1.1
  • United States midasmkts.com
    172.67.69.77
  • United States midaswms.com
    104.26.4.231

Genealogy

vip Subscribe in the App to unlock!
Download APP
vipvip
MDM

Related Companies

Bacera Co Pty Limited(Hong Kong)
Hong Kong
Bacera Co Pty Limited(Hong Kong)
Active
Hong Kong
Registration No.2423467
Established
Related sourcesWebsite Announcement

News

GBP/USD Daily Analysis 26/03/2026

News GBP/USD Daily Analysis 26/03/2026

The pound traded near $1.34 on Wednesday as investors reacted to weaker-than-expected PMI data and escalating tensions in the Middle East, increasing concerns about an energy shock. UK business activi

AUD/USD Daily Analysis 20/3/2026

News AUD/USD Daily Analysis 20/3/2026

The Australian dollar remained strong on Thursday, nearing the key 0.7100 area, primarily due to a sharp sell-off in the US dollar. Furthermore, mixed results from the Australian employment report, co

Fed Holds Rates Steady, Flags Uncertainty Over Iran War Impact

News Fed Holds Rates Steady, Flags Uncertainty Over Iran War Impact

The Federal Reserve left interest rates unchanged on Wednesday, choosing to stay cautious as policymakers weigh stubborn inflation, mixed labor market signals, and the growing economic uncertainty lin

USD/JPY Daily Analysis 13th March 2026

News USD/JPY Daily Analysis 13th March 2026

On Thursday morning, USD/JPY reached a high near 159.40. The yen strengthened slightly against the dollar as the Middle East war escalated. Iran launched its “strongest action” since the start of the

Oil and gas prices dropped sharply Trump said the war with Iran is“very complete, pretty much.”

News Oil and gas prices dropped sharply Trump said the war with Iran is“very complete, pretty much.”

Crude oil had surged close to $120 a barrel on Monday as investors worried the conflict could severely disrupt Middle Eastern energy supplies. However, prices later retreated to below $90 following Tr

Markets This Week: Inflation and Housing Data in Focus as Oracle and Adobe Report

News Markets This Week: Inflation and Housing Data in Focus as Oracle and Adobe Report

Two key inflation reports due before next weeks interest rate decision will offer fresh clues on price pressures as policymakers weigh whether borrowing costs should be lowered further. Housing data,

User Reviews8

All (8) Positive (6) Exposure (2)
麦克8
麦克8
3-5 years
Exposure
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.
Exposure
Exposure
Exposure
Exposure

Hong Kong

Replied
Reply from official MDM
Thank you for your feedback. Regarding the withdrawal restriction issue you mentioned, we understand your concerns and questions. According to the verification results from our company's compliance and risk control departments, combined with feedback from the liquidity provider (LP), your account's trading behavior has triggered a specialized compliance review. The account is currently under investigation, and therefore related functions (including withdrawals) have been temporarily restricted. Previously, our company has sent you a detailed explanation via email. After preliminary screening, the account's trading involves the use of third-party plugins/scripts, spread arbitrage strategies, and cross-platform hedging, including but not limited to synchronized order placement across multiple platforms, reverse positions, and exploiting quote delays to obtain improper profits. The aforementioned situations have been identified as abnormal trading requiring further investigation. To expedite the processing progress, please ensure that you provide the relevant information and supporting documents (including details of the actual account operator, the plugins or tools used, and whether there are cross-platform or associated account operations) truthfully and within the specified timeframe as required by the email. Your cooperation will help us complete the review more efficiently. Before the review is completed, the account will remain in a read-only state. After the review results are confirmed, we will take appropriate actions regarding the account based on the actual situation. MDM has always been committed to maintaining a fair and transparent trading environment, and all reviews are conducted based on compliance requirements. Thank you for your understanding and cooperation. We recommend that you contact your account manager or official customer service as soon as possible to assist with the process. — MDM Team

Original

感谢您的反馈。 针对您提到的出金受限问题,我们理解您的关注与疑问。根据我司合规及风控部门的核查结果,并结合流动性提供商(LP)的反馈,您的账户交易行为已触发专项合规审核。目前账户处于调查阶段,因此相关功能(包括出金)已被暂时限制。 此前我司已通过邮件向您发送详细说明。经初步甄别,账户交易涉及第三方插件/脚本使用、价差套利策略以及跨平台对冲等情形,包括但不限于多平台同步下单、反向持仓及利用报价延迟获取不当收益等行为。上述情况已被判定为需进一步核查的异常交易。 为尽快推进处理进度,请您务必按照邮件要求,在规定时间内如实提供相关信息及证明材料(包括账户实际操作者情况、所使用插件或工具详情、是否存在跨平台或关联账户操作等)。您的配合将有助于我们更高效地完成审核。 在审核完成前,账户将维持只读状态。审核结果确认后,我们将根据实际情况对账户作出相应处理。 MDM 一直致力于维护公平、透明的交易环境,所有审核均基于合规要求执行。感谢您的理解与配合,建议您尽快与客户经理或官方客服取得联系以协助处理。 — MDM 团队

No more
Write a review
Exposure
Exposure
Neutral
Neutral
Positive
Positive

Content you want to comment

Please enter...

Submit now
Write a comment
8
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com