Wikilix
MIDORI FX logo

MIDORI FX

No Regulation
South Africa
,
Since 2024
Last Updated:
39/100
Overall Score

Trading Conditions

Min Deposit:
USD2000
Max Leverage:
2000
Account Types
StandardRAWClassic

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

3 methods

Cryptocurrency

crypto
Instant
Fee:
Free
Fee:
$25

Visa

credit card
Instant
Fee:
Free
Fee:
$25

Mastercard

credit card
Instant
Fee:
Free
Fee:
$25

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 50%, 4: Spread 0%, 5: Account Type 28%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
50%Fair
Spread
0%Poor
Account Type
28%Poor
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:Midori FX (Pty) Ltd
Founded:2024
Headquarters:South Africa
Enterprise Offices:N/A

Customer Support

Phone:
+27120043084
Live Chat:
Not Available
Response Time:
—
Languages:
English
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Editorial review
Updated

Broker Summary

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

Overview of MIDORI FX

Choosing a reputable online trading broker is critical, regardless of whether you are an experienced or a new trader to the online trading world. MIDORI FX is an emerging broker in today’s electronic marketplace and provides a superior trading environment with cutting-edge technology that utilizes the MetaTrader 5 (MT5) platform and a plethora of instruments. MIDORI FX puts a premium on speed of execution, advancement in trading platforms, and an extensive assortment of funding alternatives for each trading account level.

This summary will give potential MIDORI FX clients an insight into the company’s history, features, regulatory status, trading conditions, fees, client experience and market reputation.

Company History/Formation

Currently, MIDORI FX operates primarily from its website at midorifx.com. However, there is little publicly-available information on the date of incorporation or the identity of its founders. Some reputable websites cite:

Incorporated in: 2023

Country of registration: South Africa (Midori FX Pty Ltd)

Regulatory information: Financial Sector Conduct Authority (FSCA), FSP 53077

Address: Pretoria, South Africa

While the MIDORI FX official website does not clearly indicate that it is regulated, independent verification should be sought.

Trading platform features and services

Trading platform:

MetaTrader 5 (MT5)

Trading Platform Features - Multiple time frames, 96 Tech Indicators, Fast executions

The Trading Platform is available in both desktop and mobile app formats.

KYC and your account operations

The following items are required for KYC purposes when withdrawing funds or receiving bonuses from MIDORI FX: Proof of Identity and Proof of Address; additionally, all KYC participants are required to perform 3D facial authentication.

Two-factor authentication through Google Authenticator is also supported by the Trading Platform.

Deposit Methods and Instruments

Fiat currency options (USD, JPY) through Visa & Mastercard.

Cryptocurrency options: Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).

Over 100 instruments to trade covering Forex, Indices, and Commodities.

Regulatory Compliance Information

Regulatory Body License Number Current License Status / Useful Info

Financial Sector Conduct Authority (FSCA) South Africa FSP 53077 http://www.fsc.gov.za

For confirmation, please refer to the FSCA's website. All traders are responsible for ensuring the registration of their brokerage with FSCA or obtaining written documentation.

For trading conditions and technology used by MIDORI FX

Claim 99.99% success rate for order execution.

Access to Real-Time Market Data on 100+ Instruments

The total number of Instruments (including Forex and Cryptocurrency) are not listed on the MIDORI FX website, however, 3rd party sources have reported that as of November 2020(MMT5) there are over 100 instruments available for trading on the MIDORI FX Platform.

Examples of trading conditions reported on the MIDORI FX Platform:

Example 1: Actual execution rate = 99.99% (verified)

Example 2: Total number of instruments = over 100 (as per “official” website).

Trading specifications of all instruments listed in example 1 and 2, cannot be confirmed until independent verification is secured from MIDORI FX.

Member Fees

Member fee types: (3rd party sources only)

Deposits and Withdrawal Fees - Amount requested has not been disclosed

Inactivity Fees - No information was available

Commissions - No information available

Due to possible discrepancies found between the information available on the official MIDORI FX website, and information available from third-party sources, we encourage all interested individuals to confirm all fee structures with MIDORI FX.

User experience & market reputation of MIDORI FX

Website features an FAQ; E-mail and phone contacts; and KYC guidance. No publicly published customer reviews have been posted.

Third-party websites: Neutral WikiBit and WikiFX Listings, BrokerChooser has raised warnings regarding the broker.

Although the reputation of MIDORI FX is variable, due diligence should be conducted before engaging with this broker.

Current Developments of MIDORI FX

Website actively updates & supports social media outreach in 2025

This reflects the commitment of the broker to stay engaged with clients and have relevance in the market.

End Notes

To summarize, MIDORI FX offers a modern trading platform powered by MetaTrader 5 and has the capability of supporting several deposit options including cryptocurrencies, with access to over 100 different instruments. The trading platform & its claims of high volume/execution speed also provide a beneficial service to traders seeking to utilize advanced technology in their trading activities.

However, MIDORI FX has limited information regarding their current regulatory license, trading conditions, and fees; therefore, clients should approach this broker with caution and research all regulatory information for each broker prior to opening an account to trade.

In conclusion, MIDORI FX represents a relatively new and evolving brokerage firm with significant potential but has limited public availability of verifying information.

Regulation check

Regulatory Licenses

We have not confirmed any regulation for MIDORI FX. 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 MIDORI FX. 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.
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Trading accounts
Updated

Account Types

3 account types on record. Minimum deposit from USD 2,000. Leverage up to 1:2000.

3 account types
AccountMin DepositLeverageCommission
StandardNot recorded1:1000Free of charge
RAWECNNot recorded1:10006 USD per 1 lot
ClassicStandardUSD 2,0001:2000Free of charge
Account names and conditions as published by MIDORI FX, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

3 ways to fund an account. 3 credit instantly.

3 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
CryptocurrencyCryptocurrency
Withdrawal fee of $25 applies if wallet deposits are under $100 or if no trading activity. Withdrawals must follow return-to-source AML policy.
Not recordedUSD 25Not recordedNot recordedNot recordedInstant
VisaCredit Card1Not recordedUSD 25Not recordedNot recordedNot recordedInstant
MastercardCredit Card1Not recordedUSD 25Not recordedNot recordedNot recordedInstant

Broker's notes on these methods

  1. Withdrawals to credit cards limited to total amount deposited with the same card. KYC and 3D authentication required. Withdrawal fee applies under certain conditions. · applies to 2 methods
Fees, limits and processing times as published by MIDORI FX, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 5.

1 platform
  • 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.

    Runs on

    • Windows
    • Mac
    • Linux
    • Web
    • Android
    • iOS
    • API
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • midorifx.com/enMain siteActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Frequently Asked Questions

Frequently Asked Questions

Common questions about MIDORI FX

Most Popular Questions
Yes, Midori FX requires KYC verification and 3D authentication for withdrawals, especially when using credit or debit cards. Withdrawals must follow a return-to-source AML policy to ensure compliance with regulatory standards.
The minimum deposit amount at Midori FX is 2000 USD. This requirement applies to all account types offered by the broker.
Midori FX accepts deposits and withdrawals via cryptocurrency (BTC, ETH, XRP, USDT, BCH, LTC, DASH), Visa, and Mastercard credit and debit cards. Withdrawals to cards are limited to amounts previously deposited by the same card, and a withdrawal fee of USD 25 applies under certain conditions.
Midori FX offers the MetaTrader 5 platform, which is available on iOS, Mac, Android, and Windows devices. MetaTrader 5 is a multi-asset platform supporting Forex, stocks, and futures trading with advanced analytics and algorithmic tools.
Midori FX is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, holding a Financial Service Corporate license. The FSCA is a government regulator with a high transparency level and client fund insurance up to ZAR 500,000. According to WIKILIX, Midori FX operates under onshore regulation and complies with AML policies.
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