Wikilix
MidasFX logo

MidasFX

No Regulation
Saint Lucia
Since 2017
Last Updated:

Trading Conditions

Min Deposit:
USD1
Max Leverage:
1000
Account Types
  • Pro
  • ECN
  • Standard
  • ECN
  • Standard

Official website

midasfx.com

Online · checked Sep 10, 2026

Also on our record

  • my.midasfx.comClient portal

Funding Methods

No funding methods available

Trust rating

Do not trust

34 out of 100 · 75% checked

Our investigation found it is high risk and could not be verified, and it has 15.2 years of verified history.

Regulation—Not shown

We checked MidasFX on 2026-10-26 across its company record, client terms, trading offer and service, and could verify 75% of its record. The score of 34 is what the checked record adds up to; nothing held it down. What would move the score: policy risk, critical clauses, withdrawal rails. Our published investigation found it is high risk and could not be verified, with 15.2 years of track record. Its client terms have not been reviewed yet.

Score last calculated 2026/10/26

No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:MidasFX
Founded:2017
Headquarters:Saint Lucia
Enterprise Offices:N/A

Customer Support

Phone:
—
Live Chat:
Available
Response Time:
—
Languages:
English
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Is MidasFX a scam?

Wikilix independent safety report

Read the full report
64%Scam risk
High risk (unverified)Confidence: MEDIUM
2.5/5Safety rating 2.5 out of 5

MidasFX is a high-risk, unregulated offshore forex broker. We found no financial licence anywhere, and although it takes real deposits and runs live MetaTrader servers, it gives clients no regulatory…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation9/10 · CriticalIdentity & transparency7/10 · HighWithdrawals & conduct5/10 · ModerateReputation6/10 · HighWebsite claims4/10 · ModerateOperational history4/10 · Moderate
Editorial review
Updated

Broker Summary

What Wikilix has recorded about MidasFX: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

The dynamic universe of financial trading is fast-paced and ever-changing. Finding the right broker is very important for all types of traders, especially for novice traders who may not know what to look for. The MidasFX perspective is a specialised trading broker that provides an extensive array of trading and financial services tailored to the different trading needs of users. There are thousands of brokers in the marketplace today, but MidasFX differentiates itself through its focus on User-Centric Trading Solutions and Competitive offers.

Although the competition landscape is strong, there is little publicly available information about MidasFX, so it is important to take a closer look at its features, trading conditions, and, more generally, its Market Presence. The intention of this article is to offer a clear, professional overview of MidasFX, including key points of reference, as well as what traders can expect from the MidasFX experience.

History And Background of MidasFX

Unfortunately, MidasFX has little publicly available information about its history and background. Publicly available information does not include when the broker was established, who is behind MidasFX, or how MidasFX has evolved over time. This may raise a red flag for some, especially for those traders who value a broker's past success and corporate history.

However, just because MidasFX does not have much publicly available historical information does not mean its service quality is not excellent. Many up-and-coming brokers are true to their word when they tell customers they have a low-profile public image while building their clientele and developing their platforms for their traders.

Key Features And Services of MidasFX

MidasFX offers a variety of trading services to meet the needs of traders of all types. MidasFX does not provide a detailed description of the products it offers; however, in this category of brokers, it may offer a variety of asset classes, including forex, commodities, indices, and possibly cryptocurrencies.

Traders will typically have access to standard features, such as multiple accounts with varying levels of leverage and popular trading platforms. It appears that MidasFX will offer a streamlined, competitive trading experience, with clients benefiting from low spreads and flexible trading conditions.

Regulatory Compliance And License

When selecting a broker, Regulation and Compliance are two important factors to consider. Regulation provides assurance and compliance with industry standards. MidasFX has limited public information available regarding its regulatory compliance status. Neither has there been any verifiable evidence of MidasFX's licenses nor of MidasFX being regulated by a Regulatory Authority.

Trading Conditions and Platform Technology

Trading conditions significantly impact an individual's trading experience and investment profitability. As some specific information about what opportunities are offered by MidasFX has not been provided in detail, examples of traditional trading conditions that should be evaluated by prospective investors potentially include the spread (or commissions) offered by MidasFX, the amount of leverage available to investors, and the minimum amount of money an investor would have to deposit to begin trading with MidasFX.

Most brokers, like MidasFX, offer access to popular trading platforms, such as MetaTrader 4 and MetaTrader 5, which are both very feature-rich and allow users to easily navigate various areas of the software. Unfortunately, we are currently unaware of the exact trading technology that MidasFX will provide.

Fee Structure

Understanding the fee structure is essential for traders to manage costs effectively. Unfortunately, detailed information about MidasFX’s fees, including deposit fees, withdrawal fees, and commissions, is not publicly accessible.

Traders interested in MidasFX should inquire directly with the broker to obtain a clear breakdown of all applicable fees before opening an account.

User Experience and Market Reputation

A broker's service quality and reliability are well represented by its market reputation and user comments. Currently, there are few public user reviews or testimonials about MidasFX, making it hard to gauge its reputation among traders.

As such, it is important for potential customers of MidasFX to do their own research before depositing funds with MidasFX and to contact MidasFX directly to obtain answers to any questions or concerns they may have.

New Information

Currently, no new public information has been released regarding MidasFX. The absence of this type of information may indicate that there have been no major changes or developments over this same time frame. Traders who wish to stay informed about upcoming events should keep an eye on MidasFX's official websites, press releases, and social media channels.

Summary

MidasFX markets itself as a potential trading broker and claims to offer products suitable for all levels of traders. However, because of the limited amount of information available regarding MidasFX, such as its background, services, and regulatory compliance, it is difficult for a trader to find assurance and transparency when it comes to MidasFX.

Before opening an account and trading with MidasFX, it is important to conduct thorough due diligence and request complete information directly from MidasFX. Additionally, a trader should consider their own risk tolerance when selecting a broker and ensure the broker complies with the regulatory standards used in today's financial markets.

 

Regulation check

Regulatory Licenses

We have not confirmed any regulation for MidasFX. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for MidasFX. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers
Trading accounts
Updated

Account Types

5 account types on record. Minimum deposit from USD 1. Leverage up to 1:1000.

5 account types
AccountMin DepositMax LeverageCommission
ProVIPNot recorded1:1000$15 per million per side
ECNUSD 11:1000$5 per 100,000 units
StandardUSD 11:1000None for currency pairs
ECNUSD 11:1000$5 per 100,000 units
StandardUSD 11:1000None for currency pairs
Account names and conditions as published by MidasFX, recorded by Wikilix.
Trading software

Trading Platforms

2 trading platforms on record: MetaTrader 4 and MetaTrader 5.

2 platforms
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Details
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

2 domains on record. All active and served over HTTPS.

2 domains
  • www.midasfx.comMain siteActiveHTTPS
  • my.midasfx.comClient portalActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

3 official channels on record.

3 channels
Channels as published by the broker, recorded by Wikilix.
Company registry check
Checked

Company Registration

Registered in Saint Lucia.

Not confirmed on registry
Jurisdiction
Saint Lucia
Registered address
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
From our latest investigation
Frequently Asked Questions

Frequently Asked Questions

Common questions about MidasFX

Most Popular Questions
MidasFX customer support is available via live chat during business hours and email at Support@midasfx.com. They support communication in English.
MidasFX offers a maximum leverage of 1000. This high leverage allows traders to control larger positions with a smaller amount of capital.
The minimum deposit amount at MidasFX is 1 USD. No additional details about deposit methods or fees are specified.
MidasFX provides access to MetaTrader 4 and MetaTrader 5 platforms. Both platforms support desktop use and offer features like advanced charting and algorithmic trading.
MidasFX is not regulated by any financial authority. This means it does not hold any official licenses or regulatory approvals.
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