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MIDORI FX

Exceeded
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 16%, 2: License 61%, 3: Software 50%, 4: Spread 0%, 5: Account Type 28%, 6: Symbol 0%
Regulation
16%Poor
License
61%Fair
Software
50%Fair
Spread
0%Poor
Account Type
28%Poor
Symbol
0%Poor

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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Broker Summary

Summary of the broker

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.

Regulatory Licenses

Compliance & oversight

1 license
South Africa
FSCATier 2
South Africa#53077
License Details
Type:Financial Service Corporate
License #:53077
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

3 types
Standard
Standard
Leverage 1:1000 • Commission Free of charge
Leverage1:1000
CommissionFree of charge
RAW
ECN
Leverage 1:1000 • Commission 6 USD per 1 lot
Leverage1:1000
Commission6 USD per 1 lot
Classic
Standard
Min Deposit USD 2,000 • Leverage 1:2000 • Commission Free of charge
Min DepositUSD 2,000
Leverage1:2000
CommissionFree of charge
3
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

3 methods
Cryptocurrency
CryptocurrencyInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:USD 25
Min:N/A
Max:N/A
Withdrawal fee of $25 applies if wallet deposits are under $100 or if no trading activity. Withdrawals must follow return-to-source AML policy.
Visa
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:USD 25
Min:N/A
Max:N/A
Withdrawals to credit cards limited to total amount deposited with the same card. KYC and 3D authentication required. Withdrawal fee applies under certain conditions.
Mastercard
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:USD 25
Min:N/A
Max:N/A
Withdrawals to credit cards limited to total amount deposited with the same card. KYC and 3D authentication required. Withdrawal fee applies under certain conditions.
3
Free Deposit
3
Instant
1
Crypto

Trading Platforms

Professional trading tools

1 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with MIDORI FX: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark MIDORI FX at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for MIDORI FX

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://midorifx.com/en
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Comments

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