ANSWER Dear Investor,
MIDORI FX states that it operates as the trading name of Midori FX (Pty) Ltd, a company reportedly authorized by the Financial Sector Conduct Authority (FSCA). While a search of the FSCA’s official licensing register does confirm the existence of a registered entity with a matching name, the FSCA does not publish information regarding the domain names or websites associated with its licensees. As a result, it is not possible to independently verify whether the online platform is legitimately connected to the licensed firm.
Additionally, it is important to note that the FSCA is generally regarded as an offshore regulator with less stringent supervision and limited investor protection mechanisms. Consequently, the mere possession of an FSCA license does not ensure robust safeguards for your funds.
Besides, MIDORI FX does not hold a brokerage license issued by other regulatory authorities, including the Vanuatu Financial Services Commission(VFSC). We therefore advise you to proceed with caution when considering engagement with this broker. It is essential to conduct comprehensive due diligence before making any investment decisions.
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