Global Broker Regulation Inquiry App
WikiFX
Vladimir 
1-2 years
Is Midas Exchange regulated?
Broker Issues
Regulation
06-06
United States
WikiFX
Reply
Yes, Midas Exchange (HK Jinxiang International Limited) is regulated by the Chinese Gold & Silver Exchange Society (CGSE) in Hong Kong. It holds a Type AA License (License No. 129), which provides a certain level of legitimacy. While I feel a bit more secure knowing that they are regulated by CGSE, I would still be cautious given that it’s not one of the major financial regulators like the FCA or ASIC.
Similar Questions
Is EXCO a legit and safe broker?
helpneeded
07-27
Is Aeron regulated?
Rojas
06-16
Is Century Investment Futures a legit broker?
Bhavani Durga K
07-15
3. Is FXCM a safe and trustworthy broker?
Pushpender Sharma
06-26
Have you encountered any drawbacks with Hirose Financial's customer service or issues related to the stability of their trading platform?
Ashraf20
08-08