Home -

Main body -

WikiFX Express

Exness

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
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	❌

Broker Dealer Forex margin

Related broker

Scam Brokers

Midasama

Company name：Midasama

Score

1.54

Website：https://www.midasama.com

Scam Brokers | 5-10 years | Suspicious Regulatory License | Suspicious biz area

Score

1.54

T4Trade Review 2025: Live & Demo Accounts, Withdrawal to Explore

T4Trade, established in 2021 and regulated by the FSA in the Seychelles, allows trading on a modest portfolio of over 300 instruments, spanning forex, metals, indices, commodities, futures, and shares, all accessible via the popular MetaTrader 4 and their proprietary WebTrader platforms. Notably, T4Trade offers a zero-commissions pricing model where both floating and fixed spreads are offered on its MetaTrader—flexible leverage up to 1000:1 to increase trading flexibility. T4Trade also introduces a copy trading service called “TradeCopier”, which enables traders who lack experience or time to join in the markets by copying the trades of seasoned professionals.

Science Popularization 2025-02-28 15:07

GQFX Trading Review 2025: Read Before You Trade

GQFX Trading review 2025: Unregulated broker with poor ratings. Learn why trading with GQFX is risky and unsafe for your investments.

Original 2025-02-28 15:07

Oanda Shines As Frop Trading Firm After Being Acquired By FTMO

FTMO enhances prop trading with the OANDA Prop Trader Community and loyalty program, integrating CRM automation and rewards post-acquisition.

Original 2025-02-26 17:11

Webull: A Comprehensive Review from Accounts to Withdrawal 2025

Webull Financial stands as a digital trading platform founded in 2017, offering commission-free trading across multiple asset classes including stocks, options, ETFs, cryptocurrencies, and forex. The platform targets primarily intermediate traders seeking a balance of analytical tools and straightforward execution capabilities. While Webull provides robust charting tools and an intuitive mobile experience, its forex offering remains at industry average levels with certain limitations in currency pair selection compared to some other forex brokers.

Science Popularization 2025-02-26 14:18