MidasFX Review — Overview
MidasFX is a forex & CFD broker based in Australia, established in 2021. On Trust Broker Hub it holds a Trust Score of 0.9 out of 10, which we rate as Unrated — below the 4.9/10 average for brokers that hold a verified licence. Too little verified information to rate — that is not a warning about this firm, and not a green light either.
We could not verify any regulatory licence for MidasFX. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.
MidasFX provides access to Forex, metals, energy, cryptocurrencies. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, we hold too little verified information about MidasFX to say whether it is safe. Verify its licence with the regulator directly before depositing anything.
Trust score breakdown
How is this calculated?We could verify only 1 of 10 facts about MidasFX, so its score is scaled down. A missing licence, undisclosed trading terms or no track record cannot earn marks — absence of bad news is not evidence of safety.
Trust Score history
MidasFX currently scores 0.9/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- No unresolved complaints on record
- Live website and reachable support channels
- Listed in our verified broker directory
Cons
- No verified regulatory licence on record
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
No regulatory licence on record for MidasFX. Treat with caution and verify before depositing.
MetaQuotes registry
- Registration number
- 2023-00230
- Registered address
- Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
- Offices
- Georgia
- Status (per MetaQuotes)
- Non-regulated
- Website
- www.midasfx.com
- ceo@midasfx.com
- Abuse reports
- support@midasfx.com
- Phone
- Tel: +995 5554239337
Company details come from the broker's listing in MetaQuotes' MetaTrader 5 directory. A MetaQuotes listing is not a regulatory licence; see the Regulation section above for verified licences.
Trading conditions
| Instruments | Forex, metals, energy, cryptocurrencies, indices |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Not disclosed |
| Platforms | Not disclosed |
| Demo account | Not disclosed |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on MidasFX
Not enough verified information to rate
MidasFX does not hold a verified regulatory licence on record. Based in Australia, it has been operating for about 5 years. We hold too little verified information about MidasFX to publish a verdict on it. Its Trust Score of 0.9/10 reflects that absence of evidence, not any finding against the firm — and it is not a clean bill of health either.
- Operating for 5 years
- No verified regulatory licence on record — funds may lack protection
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
MidasFX — Questions & Answers
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