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Can anyone tell me is MDM a reliable broker?
Henrik wei
Singapore
Jan 22, 2026
ANSWER Dear Investor, MDM claims to be operated by MM Co Ltd, which is authorized by the Vanuatu Financial Services Commission (VFSC). A search of the VFSC’s licensing register does show a matching company. However, the VFSC does not publicly disclose the domain names or websites of its licensees, making it difficult to verify whether the firm in question is genuinely linked to the licensed entity. Please also note that the VFSC is considered an offshore regulator with relatively lenient oversight and limited investor protection. As such, holding a VFSC license alone does not provide comprehensive safeguards for your investments. Therefore, we recommend that you exercise caution when dealing with MDM and conduct thorough due diligence before deciding to invest.
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