Regarding the legitimacy of MDM forex brokers, it provides ASIC, ASIC, VFSC and WikiBit, .
Risk Control
Software Index
The regulatory license is the strongest proof.
ASIC Institution Forex License (STP)
Australia Securities & Investment Commission
Australia Securities & Investment Commission
Current Status:
License Type:
Institution Forex License (STP)Licensed Entity:
Effective Date:
2024-08-16Email Address of Licensed Institution:
--Sharing Status:
No SharingWebsite of Licensed Institution:
--Expiration Time:
--Address of Licensed Institution:
Phone Number of Licensed Institution:
--Licensed Institution Certified Documents:
ASIC Appointed Representative(AR)
Australia Securities & Investment Commission
Australia Securities & Investment Commission
Current Status:
License Type:
Appointed Representative(AR)Licensed Entity:
Effective Date:
2025-10-15Email Address of Licensed Institution:
compliance@au.thebcr.comSharing Status:
No SharingWebsite of Licensed Institution:
www.bacera.com.auExpiration Time:
--Address of Licensed Institution:
Phone Number of Licensed Institution:
0284598050Licensed Institution Certified Documents:
VFSC Retail Forex License
Vanuatu Financial Services Commission
Vanuatu Financial Services Commission
Current Status:
License Type:
Retail Forex LicenseLicensed Entity:
Effective Date:
2023-09-21Email Address of Licensed Institution:
--Sharing Status:
No SharingWebsite of Licensed Institution:
--Expiration Time:
--Address of Licensed Institution:
Phone Number of Licensed Institution:
--Licensed Institution Certified Documents:
Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.
MDM latest industry rating score is 6.48, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 6.48 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.