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Company Name
MIDAS MARKETS PTY LTD
Company Abbreviation
MDM
Platform registered country and region
Australia
Company website
Pyramid scheme complaint
Expose
No data
Regulated
Score
7.16 /10
Good
MDM
5-10 yearsRegulated in Australia
Market Making License (MM)
MT5 Full License
Global Business
High Potential Risk
Offshore Regulation
Influence
D
Add brokers
Comparison
Quantity 6
Exposure
Open Account
Website
Score
Regulatory Index6.61
Business Index7.32
Risk Management Index0.00
Software Index9.02
License Index8.40
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.
Open Account
Website
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Broker Information
More
Check whenever you want
Download App for complete information
WikiFX Risk Alerts
Previous Detection :
2026-07-10
- WikiFX has recorded a total of 6 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.
WikiFX Verification
Exposure
6 pieces of exposure in total Pyramid scheme complaint
Expose Account frozen
Account is banned, money cannot be withdrawn
Account is banned, money cannot be withdrawn
2026-07-04 06:27
Unable to Withdraw
It's been almost a month and the platform won't let me withdraw any funds. They're not doing anything about it.
It's been almost a month and the platform won't let me withdraw my funds. Nobody cares; nobody's looking after me. Where's my money?
2026-04-15 21:43
Unable to Withdraw
The MDM platform is a fraudulent that it caused me significant losses, and they keep delaying my withdrawals.
The MDM platform is a fraudulent that it caused me significant losses, and they keep delaying my withdrawals.
2026-05-01 04:20
Unable to Withdraw
My account has been disabled for a month.
I'm unable to withdraw my money. What platform is this? Is it a scam platform?
2026-04-22 23:41
Unable to Withdraw
I hope WikiFX can help me recover my legally obtained profits.
I hope WikiFX can help me recover my legally obtained profits.
2026-03-26 19:50
Unable to Withdraw
Previously, profits could be withdrawn freely, but recently, due to the large market fluctuations, profitable trades have been deemed violations, and without providing a concrete reason, the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.
2026-03-26 19:23
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