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Regarding the legitimacy of MDM forex brokers, it provides ASIC, VFSC and WikiBit, (also has a graphic survey regarding security).

Is MDM safe?

Regulated
MDM

Rating Index

This rating is sourced from logo

Is MDM markets regulated?

Is MDM a scam, or is it legit?

Latest Reviews

Is MDM markets regulated?

The regulatory license is the strongest proof.

Inst Forex Execution (STP)

ASIC Inst Forex Execution (STP)

Australia Securities & Investment Commission

Australia Securities & Investment Commission

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Inst Forex Execution (STP)
  • Licensed Entity:

    MIDAS MARKETS PTY LTD MIDAS MARKETS PTY LTD
  • Effective Date:

    2024-08-16
  • Email Address of Licensed Institution:

    --
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    --
  • Address of Licensed Institution:

    U 1404 97-99 BATHURST ST SYDNEY NSW 2000
  • Phone Number of Licensed Institution:

    --
  • Licensed Institution Certified Documents:

11 name
Forex Trading License (EP)

VFSC Forex Trading License (EP)

Vanuatu Financial Services Commission

Vanuatu Financial Services Commission

Regulatory Agencies Introduction
  • Current Status:

    Offshore Regulated
  • License Type:

    Forex Trading License (EP)
  • Licensed Entity:

    MM Co Ltd MM Co Ltd
  • Effective Date:

    2023-09-21
  • Email Address of Licensed Institution:

    --
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    --
  • Address of Licensed Institution:

    --
  • Phone Number of Licensed Institution:

    --
  • Licensed Institution Certified Documents:

11 name

Is MDM a scam, or is it legit?

The latest exposure and evaluation content of MDM brokers.

Previously, profits could be withdrawn normally. Recently, after making money from large trades in a volatile market, they said it was a violation but couldn't provide specific reasons. They directly locked the withdrawal channel and won't allow withdrawals.
It was okay before, with normal deposits and withdrawals whether I made a profit or a loss. Now they simply won't allow withdrawals and don't come up with anything, just dragging their feet without processing. They asked for trading records from other platforms, but I only trade on theirs. How can I provide trading records from other forex platforms? They are just stalling to prevent withdrawals, feels like they are about to run away. This shameless platform is disgusting.

MDM Similar Brokers Safe

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 7.10, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 7.10 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.