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Midori FX Forex broker specializes in providing foreign exchange trading services, the company's official website https://midorifx.com..., the company's legitimate regulatory information South AfricaFSCAFinancial Service Corporate to enhance the security of the company's address 697 Jacques Street, Moreleta Park, Pretoria, Gauteng, 0181, South Africa

Midori FX Forex Broker

Basic Information

Registered Region
South Africa
Operating Period
--
Company Name
Midori FX (Pty) Ltd
Abbreviation
Midori FX
Company employee
--
Customer Service Email Address
support@midorifx.com
Contact Number
+27120043084
Company Website
Company address
697 Jacques Street, Moreleta Park, Pretoria, Gauteng, 0181, South Africa
Keywords
1-2 years
Regulated in South Africa
Financial Service Corporate
MT5 Full License
Regional Brokers
Suspicious Overrun
Medium potential risk

Company profile

Midori FX Review Summary Founded2023 Registered Country/RegionSouth Africa RegulationExceeded Market Instrumentscurrency pairs, stock index, and commodities Demo AccountYes LeverageUp to 1:2000 SpreadFrom 0.0 pips Trading PlatformMT5 Min Deposit$0 Customer Supportsupport@midorifx.com +27120043084Midori 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 ProsCons 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 accountIs 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 StatusExceeded Regulated bySouth Africa Licensed InstitutionThe Financial Sector Conduct Authority (FSCA) Licensed TypeFinancial Service Corporate Licensed Number53077What 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 InstrumentsSupported 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. FeatureStandard AccountRaw AccountBull Account DescriptionEligible 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 accountYesYesNo Deposit bonusYesYesNo Active Interest ProgramYesYesYes Spreads from (pips)1.5~0.0~0.6~ Maximum leverage1:10001:10001:2000 Target for transactionOver 57 FX currency pairs, stock index, CommoditiesOver 57 FX currency pairs, stock index, CommoditiesOver 57 FX currency pairs, stock index, Commodities Base Transaction CurrencyUSD, JPYUSD, JPYUSD, JPY Margin Call100%100%100% Stop Out50%50%20% Maximum Number of Orders200200No Limit Minimum DepositNoneNone2,000 USD Transaction feeFreeUSD account: 6 USD/lot (round trip)FreeLeverage 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. FeatureStandard AccountRaw AccountBull Account Maximum leverage1:10001:10001:2000Midori 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. FeatureStandard AccountRaw AccountBull Account Spreads from (pips)1.5~0.0~0.6~ Transaction feeFreeUSD 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. Non-Trading Fees: Deposit FeeFree Withdrawal FeeFree Account OpeningFree Account MaintenanceFreeTrading Platform Trading PlatformSupportedAvailable DevicesSuitable for MT5✔PC and MobileInvestors of all experience levelsDeposit and Withdrawal Midori FX charges no fees for deposits and withdrawals. The minimum deposit is $0. Deposit Options Midori FX allows deposits via various cryptocurrencies (BTC, ETH, XRP, USDT, BCH, LTC, DASH) and credit/debit cards (Visa/Mastercard) in USD or JPY. Withdrawal Options Midori FX primarily uses cryptocurrency for withdrawals, with credit card withdrawals also possible up to the deposited amount.

Rating Index

Bull

Minimum Deposit
2,000 USD

Raw

Minimum Deposit
None
How to login to Midori FX?
Midori FX Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Midori FX Account The registration process for a Midori FX account is straightforward and can be completed in a few simple steps. Heres how to get started: St

  

Midori FX Forex Broker - Complete Information Guide

  

1. Broker Overview

  Midori FX is a forex brokerage established in November 2023. The company operates under the name Midori FX (Pty) Ltd, with its headquarters located at 697 Jacques Street, Moreleta Park, Pretoria, Gauteng, 0181, South Africa. As a private company, Midori FX primarily targets retail traders and institutional clients, offering a range of trading services tailored to meet the needs of both market segments.

  Since its inception, Midori FX has aimed to create a robust trading environment that emphasizes user experience and accessibility. The broker has quickly gained attention in the forex market, focusing on providing tools and resources that empower traders to make informed decisions. The company's business model revolves around retail forex trading, offering access to various currency pairs and CFDs.

  Midori FX's development journey has been marked by its commitment to leveraging technology for improved trading experiences. The introduction of advanced trading platforms and features has positioned Midori FX as a player in the competitive forex market. As the company continues to evolve, it aims to expand its offerings and enhance its services to better serve its clients.

  

2. Regulatory and Compliance Information

  Midori FX operates under the regulatory oversight of the Financial Sector Conduct Authority (FSCA) in South Africa. The broker holds a license with the number FSP 53077, which is crucial for ensuring compliance with local financial regulations. This regulatory framework aims to protect investors and maintain market integrity.

  The FSCA oversees the activities of Midori FX, ensuring that the broker adheres to the necessary standards and practices. The license is valid for the duration of the company's operations, provided that it remains compliant with FSCA regulations. However, it is important to note that Midori FX is not regulated by any other major financial authorities globally, which may raise concerns for some investors.

  Midori FX implements a customer fund segregation policy, ensuring that client funds are kept separate from the company's operational funds. This practice is essential for protecting investors' capital, particularly in the event of financial difficulties faced by the broker. Additionally, the broker adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring clients to verify their identities before engaging in trading activities.

  

3. Trading Products and Services

  Midori FX offers a diverse range of trading products, primarily focusing on forex currency pairs. The broker provides access to over 57 currency pairs, including major, minor, and exotic pairs. This extensive selection allows traders to explore various market opportunities and implement diverse trading strategies.

  In addition to forex trading, Midori FX offers Contracts for Difference (CFDs) on various asset classes, including:

  • Indices: Major global indices for traders looking to speculate on market movements.
  • Commodities: Trading options on commodities such as oil and gold.
  • Precious Metals: Opportunities to trade in metals like silver and platinum.
  • Cryptocurrencies: Access to popular cryptocurrencies, providing traders with exposure to this rapidly growing market.

  The broker frequently updates its product offerings, adding new instruments and enhancing existing ones to meet the evolving needs of its traders. Midori FX caters to both retail and institutional clients, providing tailored services that accommodate the unique requirements of each segment.

  

4. Trading Platforms and Technology

  Midori FX supports the MetaTrader 5 (MT5) trading platform, which is renowned for its advanced features and user-friendly interface. This platform allows traders to execute trades with exceptional speed and efficiency, boasting an impressive 99.99% order execution rate. The broker's commitment to technology ensures that traders can capitalize on market opportunities without delays, even in volatile conditions.

  The MT5 platform offers various functionalities, including multiple chart timeframes, over 96 technical indicators, and real-time market analysis tools. Traders can access the platform via desktop, web, and mobile applications, ensuring flexibility and convenience for users on the go.

  Midori FX does not currently offer proprietary trading platforms or additional automated trading solutions. However, the broker provides robust API access for traders interested in automated trading strategies, allowing them to connect their systems seamlessly to the MT5 platform.

  

5. Account Types and Trading Conditions

  Midori FX offers a variety of account types to cater to different trading preferences and styles. The main account types include:

  • Standard Account: Requires no minimum deposit, with spreads starting from 0.0 pips. This account is suitable for beginners and casual traders.
  • Raw Account: Designed for experienced traders, offering tighter spreads with a commission structure.
  • Bull Account: Targeted towards professional traders, providing enhanced trading conditions and features.

  All accounts support trading in various asset classes, and the broker offers a demo account for clients to practice their trading strategies without financial risk.

  Regarding leverage, Midori FX provides a maximum leverage of 1:2000, allowing traders to amplify their positions significantly. The broker's policies include a stop-out level at 50% and a margin call level at 100%.

  The minimum trade size is set at 0.01 lots, accommodating both small and large traders. Additionally, the broker does not offer swap-free accounts, which may be a consideration for Muslim traders seeking compliant options.

  

6. Fund Management

  Midori FX supports various deposit methods, including:

  • Bank Transfers
  • Credit Cards
  • Cryptocurrency deposits (Bitcoin, Ethereum, Litecoin, etc.)

  The minimum deposit requirement varies by account type, with no minimum for the standard account. Deposits are processed quickly, typically within 24 hours, although processing times may vary based on the chosen method.

  The broker does not impose deposit fees, making it cost-effective for clients to fund their accounts.

  Withdrawal options include:

  • Cryptocurrency
  • Bank Transfers
  • Credit Cards

  Withdrawals are generally processed within 1-3 business days, depending on the method used. However, clients should be aware that withdrawal requests may be subject to fees based on the payment method and the broker's policies.

  

7. Customer Support and Educational Resources

  Midori FX provides comprehensive customer support through various channels, including:

  • Email: support@midorifx.com
  • Telephone: +27 1200 43084
  • Live Chat: Available on the broker's website

  The support team operates during business hours, covering multiple time zones to assist clients effectively. Midori FX offers multi-language support, catering to a diverse client base.

  In terms of educational resources, Midori FX provides access to various materials, including:

  • Webinars: Covering trading strategies and market analysis.
  • Tutorials: Step-by-step guides on using the trading platform.
  • Market Analysis: Daily updates and research reports to keep traders informed.

  Additionally, the broker offers trading tools such as calculators and economic calendars to assist clients in their trading endeavors.

  

8. Regional Coverage and Restrictions

  Midori FX primarily serves clients in South Africa and other regions where it is legally permitted. The broker has a strong presence in the local market, aiming to expand its reach to international clients while adhering to regulatory requirements.

  However, Midori FX does not accept clients from several countries, including:

  • United States
  • Iran
  • North Korea
  • Canada
  • Belgium
  • Russia

  This restriction is in place to comply with local laws and regulations, ensuring that the broker operates within the legal frameworks of the jurisdictions it serves.

  In summary, Midori FX offers a comprehensive trading experience for both retail and institutional clients, with a focus on technology, customer support, and diverse trading products. However, potential clients should carefully consider the regulatory landscape and the broker's operational practices before engaging in trading activities.

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Latest Reviews

FX3613021943

FX3613021943

Authenticated

Japan

Just like XM, this place used to have many bonuses and extremely wide spreads, but recently the bonuses have decreased. Also, there's a restriction where if you withdraw using the bonus, you won't be able to use bonuses for about a month. Withdrawals are processed normally though.

37130

2025-07-26

Midori FX Forex Broker has an overall rating of 4.08, Regulatory Index 3.51, License Index 3.51, Business Index 4.66, Software Index 9.13 Risk Control Index 0.00.