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
WikiFX Broker Assessment Series | TOPONE Markets: Is It Trustworthy?
In this article, we will conduct a comprehensive examination of TOPONE Markets, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
Interactive Brokers Adds Ping An of China ETF to No-Fee Program
Interactive Brokers now includes Ping An of China CSI HK Dividend ETF in its no-transaction-fee program, offering investors low-cost access to Hong Kong’s top dividend-paying stocks.
Judge Reviews Sanctions Against CFTC in My Forex Funds Fraud Case
A New Jersey judge reviews sanctions against the CFTC after a special master accused the agency of bad faith in its fraud case against My Forex Funds and CEO Kazmi.
Plus500 Review 2025: Trusted CFD Broker with Top Features Unveiled
Plus500 Review 2025: Explore a trusted CFD trading platform with 2,800+ instruments, top-tier regulation, and user-friendly features. Ideal for beginners and pros.
WikiFX Broker
Latest News
Short-Term Pressure Mounts on Gold as Risk Sentiment Improves
WikiFXHow Will the U.S.-China Trade Deal Affect the Dollar and Global Markets?
WikiFXRadiant DAO Proposes Compensation Plan for Wallet Losses
WikiFXBitGo Secures MiCA License, Expands Crypto Services Across the EU
WikiFXBig Changes at Saxo Bank: What Traders and Partners Need to Know
WikiFXTraders Warned to Stay Alert Amid Growing Exposures for INGOT Brokers
WikiFXWELTRADE's transformation from Reliable to a Problematic Broker
WikiFXWikiFX “Elite’s View on the Challenge: Dialogue with Global Investment Leaders” Concludes Successful
WikiFXPlus500 Review 2025: Trusted CFD Broker with Top Features Unveiled
WikiFXPlus500 Q1 2025: Strong Growth Amid Trade War, Mehta Acquisition
WikiFXRate Calc
