FSCA — South Africa
Midori FX (Pty) Ltd
Regulated · No. 53077
Midori FX Review — Overview
Regulation
Tier-2 regulated
Licence
FSCA · No. 53077
Licence status
Regulated
Platforms
MT5
Max. leverage
1:2000
Instruments
Currency pairs, stock index, and commodities
Typical spread
From 0.0 pips
Operating
Est. 2023
Main market
JP
Entity
Midori FX (Pty) Ltd
Website
Unknown
Midori FX is a forex & CFD broker based in South Africa, established in 2023. On Trust Broker Hub it holds a Trust Score of 7.2 out of 10, which we rate as Good — above the 5.3/10 average for brokers that hold a verified licence. Solid, well-regulated profile suitable for most traders.
Midori FX's licence comes from an offshore jurisdiction (FSCA). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
Midori FX provides access to currency pairs, stock index, and commodities. Published conditions include leverage up to 1:2000. No complaints are currently on record. Overall, Midori FX looks like a credible option — but always verify the licence yourself and start with a small amount.
Trust score breakdown
How is this calculated?
Weighted total
7.56
Data completeness
9 of 10 facts verified
90% ×0.95
Trust Score
7.2 / 10
Trust Score history
Midori FX currently scores 7.2/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a FSCA licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Always verify the licence directly before depositing
Regulation
Tier 2 · Mid
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | currency pairs, stock index, and commodities |
| Minimum deposit | $0 |
| Maximum leverage | 1:2000 |
| Typical spread | From 0.0 pips |
| Platforms | MT5 |
| Demo account | Yes |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Midori FX
Our analysis · editorial
7.2/10
Solid profile, with some caveats
Midori FX is regulated under a mid-tier authority (FSCA). Based in South Africa, it has been operating for about 3 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 7.2/10 — a reasonable profile.
Strengths
- Holds a recognised mid-tier licence (FSCA)
- No complaints on record with us
- Supports MT5 trading
Watch-outs
- Very high leverage available (1:2000) — amplifies risk
Bottom line: A reasonable option, but confirm the entity you open an account with is the regulated one.
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
5 0
4 0
3 0
2 0
1 0
Midori FX — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag Midori FX here if that changes.
Full specifications
Regulated region
South Africa
Operating period
2-5 years
Main market
JP
Licensed entity
Midori FX (Pty) Ltd
License status
Regulated
Instruments
currency pairs, stock index, and commodities
Year founded
2023
Frequently asked
Is Midori FX a safe broker?
Midori FX scores 7.2 / 10 on our Trust Score, above the 5.3 average for brokers that hold a verified licence. It is only offshore-regulated, which means weaker protection. It has no complaints on record with us. Trade only with funds you can afford to lose.
How is the Midori FX trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from Midori FX?
Midori FX publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.