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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?

Rating Index
7.09
Regulation
5.17
License
5.31
Software Index
9.02
Risk Control
8.22
Business
7.18
WikiFX Detection

Software Index

Full License

Regulation

Regulated in Australia

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
Derivatives Trading License (EP)

VFSC Derivatives Trading License (EP)

Vanuatu Financial Services Commission

Vanuatu Financial Services Commission

Regulatory Agencies Introduction
  • Current Status:

    Offshore Regulated
  • License Type:

    Derivatives 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

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 7.09, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 7.09 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.