Score
Midasama
China|5-10 years| https://www.midasama.com
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
Basic information
China
Scam Brokers 5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed Midasama also viewed..
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Website
Most visited countries/areas
Malaysia
midasama.com
Server Location
United States
Most visited countries/areas
Website Domain Name
midasama.com
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
2016-08-16
Server IP
34.98.99.30
Company Summary
Is Midasama a Scam？
- Scam Brokers List
Midasama has been added to WikiFX's Scam Brokers list. The platform seems to be a Ponzi scheme. Please take note of its domain:
https://www.midasama.com
- Regulatory Concerns
According to WikiFX's investigation, there is no regulatory approval or oversight from any recognized financial regulatory organizations.
- Scam Exposure
As of now, there were 12 pieces of Midasama exposure in total. I will introduce 2 of them.
Exposure 1. Cannot withdraw
| Classification | Unable to Withdraw |
| Date | January 05, 2020 |
| Post Country | China Taiwan |
The user said that the contract has expired, and Midasama doesn't allow him to withdraw his deposit. You may visit: https://www.wikifx.com/en/comments/detail/202001052052883233.html
Exposure 2. Fraud broker
| Classification | Unable to Withdraw |
| Date | December 21, 2019 |
| Post Country | Malaysia |
The users said that he held large shares in Midasama but suffered forced liquidation of his accounts. You may visit:
https://www.wikifx.com/en/comments/detail/201912217502301664.html
Scam Disclosure
- 2020-01-09 WikiFX has discovered that Midasama falsely claimed its registration date.
While Midasama asserts that it began operations in 2012, research on its domain name by WikiFX reveals that it was actually registered in 2016 and updated in 2019.
- 2020-01-09 WikiFX has discovered that Midasama has made misleading claims of partnerships.
Midasama claims that it established a partnership with Dawada, a Cyprus-based Forex broker. However, according to CySEC records, Dawada's address is a Limassol apartment, raising the possibility of a shell corporation.
- 2020-03-24 WikiFX has flagged Midasama as suspicious pyramid scam
For its clients, Midasama created a lucrative Compensation Plan over trading. It offers 20% monthly returns but requires a $1,000 deposit. This plan clearly suggests a fraudulent scheme that exploits investors' money.
Keywords
- Scam Brokers
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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丘山
Taiwan
My account became forced liquidation overnight. All my fund was gone.
Exposure
2020-03-21
祥78458
Taiwan
My contract with Midasama has been expired while the withdrawal is unavailable.
Exposure
2020-01-06
lin11934
Taiwan
The screenshot is the web page of Midasama , which gives no access to my withdrawal deposit our contract has been expired.
Exposure
2020-01-05
蓝海53494
Hong Kong
Unable to withdraw. Forced liquidation overnight. All fund was gone!!
Exposure
2019-12-24
FX2950258859
Malaysia
I used to place orders with small amount. This time I bought large shares but suffered account forced liquidation because of their adverse recommendations!
Exposure
2019-12-21
顾轶
Hong Kong
The withdrawal is unavailable for 2 months. Midasama blamed it on verification by third party and asked us to wait patiently, until all fund was gone!
Exposure
2019-12-21
未名湖是片海洋
Hong Kong
The withdrawal has been unavailable for 2 months. The platform keeps me waiting.
Exposure
2019-12-14
Ho Teck Wei
Malaysia
It has been 62 days since the withdrawal was unavailable.It ‘s useless to urge the platform.
Exposure
2019-11-26
FXKoinp
Hong Kong
The withdrawal is unavailable for 2 months.
Exposure
2019-11-24