Honest Review of Midus Trade GmbH

1/5
💬 1

We suggest spending 10 minutes reading our Midus Trade GmbH overview and forgetting about this scam Forex/CFD broker once and for all. It tries to convince traders of its safety, promises comfortable trading on a modern platform, and high profitability with 500+ trading instruments. However, in reality, this platform is a place where users gain only the negative experience of losing their deposits. Everything you need to know about yet another scam project can be found below.

Key Features

  • Company Name: Midus Trade GmbH
  • Website: https://midustrade.com/
  • Available Contacts: [email protected], [email protected]; +48223075399, +48223075401
  • Foundation: 2025
  • Services: Forex/CFD trading
  • License: No
  • Initial Deposit: $2,500

From Sign-Up to Payout

We did appreciate the developers’ attempt to create a solid informational resource for the official Midus Trade GmbH website. However, we must note that all their efforts were in vain. The impression from the minimalist design with white headlines on a black background was spoiled by a poor choice of font size and color for the main text.

As for the content, the situation is even worse:

  • We persistently — and most importantly, unsuccessfully — tried to find contract specifications on the Markets section pages. Instead, we were shown a TradingView widget with current asset prices. How useful it is can be judged by the fact that the data sources for this widget and the broker’s trading terminal are different.
  • We were also unable to find any of the essential documents that govern the relationship between the platform and traders. Of the entire expected set, the website only offers Terms & Conditions — and even that in a format difficult to call a client agreement — and a Privacy Policy. It appears the company has never heard of a Risk Disclosure, AML, or KYC Policy. At the same time, it proudly declares that it is authorized to provide brokerage services in the EU/EEA. Looking at the document set, we find this claim hard to believe.
  • The company attempts to show that it provides users with everything they need, including educational materials and trading tools such as an economic calendar and calculators. However, the text and video tutorials in the “academy” contain only minimal information useful for real trading practice. And among the tools, only the economic calendar is worth mentioning, since the “valuable” profit calculator and glossary are usually forgotten even by beginners after three days.

In general, we could go on listing the problems with the Midus Trade GmbH site almost endlessly. However, they are not limited to informational pages.

For example, the registration form looks fine at first glance. But we know well that European regulators require brokers to collect significantly more personal data from clients and even conduct questionnaires to assign retail or professional status. It seems the project’s staff either doesn’t know about this or deliberately ignores these requirements.

There are issues with non-trading operations as well. Starting with the Deposit & Withdrawal page, which lists exactly two available methods — bank cards and crypto wallets. However, in the account types table, another one is mentioned — the Polish Blik payment system. It gets even more confusing in the client portal — Blik isn’t mentioned at all, but in addition to cards and crypto, they offer bank transfers and P2P payments between the company and client with no intermediaries.

A Midus Trade GmbH client will be quite surprised when seeing the deposit process. They’re asked to fill out a simple form: account to send money to, amount, sender’s full name, and additional information for some payment methods. After submitting the form, the user sees a progress bar labeled “Send.” Eventually, it resets to zero and… nothing else happens.

What to do next? The question remains unanswered. However, we know how to get an answer — contact support. They’ll certainly tell you where and how to send the money. They’ll even give you a free piece of advice: deposit as much as possible to earn a bigger profit.

Without a doubt, Midus Trade GmbH actively uses scam techniques. Of course, calling it a scammer based on that alone would be a mistake. But we are confident that this company will give us more than enough reasons to come to that conclusion.

Our Trading Experience With Midus Trade GmbH

The broker did not miss the opportunity to say a few kind words about its trading terminal. It even created a separate page on the website, where the main advantage of the program is stated to be browser-based trading without the need for downloading or installation. This page also contains some features of the platform, which are generously mixed with the trading conditions offered by the company. We highlighted only one of them: an order execution time of less than 30 milliseconds.

A closer look at the software clarified everything. It turned out that the company uses a terminal developed by Easy Technologies. We know it well, as we often come across this platform in reviews of scam projects.

Midus Trade GmbH - trading platform

The platform can hardly be considered a benchmark of trading software. Of course, it has its advantages — for example, a rich set of standard technical indicators and a multi-chart mode in the main window. However, its disadvantages significantly outweigh them:

  • The market overview is poorly organized. The developers did not provide the ability to hide unused symbols. As a result, the user is always forced to work with the full list of assets (just imagine there are more than 10,000). Of course, there are functions like adding to Favorites and a search system, but they do not fully solve the problem.
  • Traders who use graphical analysis are left without tools. The terminal only has 4 graphical objects, which are not enough for quality analysis or building precise trading systems.
  • Even the desktop version lacks the ability to develop or integrate custom or third-party indicators and trading robots. New trading systems and auto-trading are not available to the broker’s clients.
  • Mobtrader is not actually an application, but simply a mobile-adapted version of the webtrader, with all the same problems.

But the most important issue: the program provides the trading server’s administration with the ability to directly interfere with the quote feed. What kind of fair trading can we talk about in that case? It’s no surprise that this software has become so popular among scam brokers.

The disclosure of trading conditions at Midus Trade GmbH also leaves much to be desired. Let us remind you that the company did not provide contract specifications (or rather, they can be found in the terminal, but this path is not suitable for visitors who are only considering the broker). Traders can partially find the information they are interested in within the account type table.

The company offers four account types:

  • Bronze. Minimum deposit: $2,500, trade commission: 5–10%. Available instruments: currency pairs and oil contracts.
  • Silver. Minimum deposit: $10,000, trade commission: 4%, bonus: 30%. Available instruments: currency pairs and exchange commodities.
  • Gold. Minimum deposit: $25,000, trade commission: 3%, bonus: 50%. Additionally, the trader gains access to stock market asset CFDs.
  • VIP. Minimum deposit: $50,000, trade commission: 1%, bonus: 75%. CFDs on stock indices are added to the list of trading instruments.

All accounts share the following conditions: leverage up to 1:200, floating spreads (their minimum value is not disclosed). On higher-tier accounts, deposit insurance is also offered.

Account types

Some indicators raise serious questions:

  1. What is the “Lot Size,” which ranges from 100 to 1,000 unknown units? If this refers to the maximum trade size, the broker’s employees should learn the correct terminology (instead of publishing glossaries).
  2. Free support. Are there really brokers who charge for client support?
  3. Who insures the deposits, and for what amount? Can the company show a copy of the insurance policy?
  4. How are bonuses compatible with operations in the EU/EEA, where local regulators prohibit using them for attracting and encouraging clients?
  5. Aren’t the broker’s appetites too large, considering spreads (according to terminal data) start at 0.8–0.9 pips?

It turns out trading with Midus Trade GmbH is not as profitable as the company claims. Moreover, some conditions clearly contradict current laws and regulatory requirements. Do you still believe this platform holds licenses to provide brokerage services?

In addition to trading accounts, clients can use a special offer — the Savings account. It offers a return of 9% to 18% on the account balance. The rate is fixed, interest is paid monthly, and deposit insurance is included. The only question is, what guarantees the stable income (the company’s trading profits cannot be the source, as they are not stable), and who insures the deposits?

But the main question for the broker remains: can it be trusted? From our point of view, the answer is clearly no.

The Reality Check

On the About Us page, Midus Trade GmbH tells an entertaining story about how it was founded by a company called Midus Financial AD, which allegedly has 30 years of experience in financial markets. After developing its own unique platform (for some reason, the actual developers from Easy Technologies are conveniently forgotten), the broker supposedly became one of the largest and most recognizable in the EU and the UK.

Eventually, the ties between the parent and subsidiary companies were allegedly severed, and today the subject of our review is described as a large company with a registration address in the United Kingdom (this information is provided on the contact page). In addition, we are proudly told that the project provides services in 180 countries and holds over 30 registrations and licenses.

We almost believed the flood of information — until we decided to investigate where exactly we were being misled. First, we checked the details of the parent company. It turned out that Midus Financial AD had never existed anywhere. There were only two companies with similar names: MIDUS FINANCIAL RESEARCH LIMITED in the United Kingdom and MIDUS FINANCIAL INTERNATIONAL in Latvia — and both ceased to exist back in 2004.

Next, the claim about Midus Trade GmbH being registered in the UK (note the name in German) raised suspicions. In fact, such a company is not listed in the Companies House register.

Midus Trade GmbH - not in UK registry

However, a perfect name match was found (surprise!) in the Swiss business registry. The company still exists, but it has nothing to do with brokerage services.

Midus Trade GmbH - in Swiss registry

The registry provides the following detailed information:

  • The company was established on October 9, 2018.
  • Its main business activities include trading various goods, including in the healthcare sector, and operations in the construction industry.
  • Its founder is Midus International AG, another Swiss construction company, established on August 30, 2018.

What we see:

  • Midus Trade GmbH is the name of a real Swiss company, which the broker has used to appear legitimate. The platform itself operates without registration.
  • The actual company has nothing to do with financial services. It has no license from the local regulator, nor any other licenses. Naturally, the fake broker also holds no legal permissions.
  • The virtual company has no corporate bank accounts or cards, so client funds are in no way secure.
  • The fake firm cannot organize real trading — it only imitates it.

How Long Has Midus Trade GmbH Been in the Game?

As we’ve already established, the company has no 30-year history in the market. Even the real firm whose name was borrowed was only founded in 2018. So, how long has this pseudo-broker actually existed online?

Domain

According to the Whois service, the domain midustrade.com was registered on February 23, 2025, which, at the time of writing this review, means the broker has been online for just 1.5 months. Do you need any more evidence to refute the legend of 30 years of activity and the dates provided on the About Us page?

Extra Fraud Indicators

The short lifespan of the company is also evident from the very few Midus Trade GmbH reviews found online. A couple of posts on social media speak about excellent service and attractive trading conditions from a licensed broker — but these are clearly paid reviews.

Even industry experts on thematic platforms have yet to really take notice of this pseudo-company. Still, a few publications about it have already appeared. Their conclusions are predictable: the platform is a scam, and opening an account here is not recommended.

Is Midus Trade GmbH the Right Fit?

As our Midus Trade GmbH review has shown, this broker is just another scam trying to appear like a legitimate business. However, the story invented by the fraudsters — using the name of a real Swiss company — didn’t even pass a basic background check. Operating without registration or licensing, using a third-rate trading platform, offering vague trading terms and opaque payment processes — all this makes it clear that risking your money here is not a wise decision.

Got Questions? We Have Answers

Can a Swiss company obtain a license from a regulator in another European country or another region of the world?
How risky is it to trade with leverage of 1:200?
Why do you claim that the broker cannot ensure the safe storage of funds?

Weighing the Benefits and Drawbacks

The Savings Account offer could have been interesting.
The website has a lot of extra material used for training purposes.
The platform is not registered anywhere and offers virtual brokerage services. To appear legitimate, it unlawfully uses the name of a real Swiss company.
The pseudo-broker has no license, and its operations are illegal.
The site is full of false information meant to mislead traders.
The claim of 30 years of experience is fake — the scam broker has only existed for 1.5 months.
The project owners hide critical information from traders.
About the author
Maya Collins
Maya Collins
Maya’s our go-to guru for spotting shady schemes. She’s like a detective for your wallet, making sure you’re in the know about the latest scams.

1 client review for Midus Trade GmbH

    These scammers have gotten so good at phone conversations, you barely realize what’s happening before you’ve handed over a lot of money!!! I, for example, don’t even know how it happened, but I ended up investing $12,000. They told me I wasn’t risking anything at all. A Midus Trade GmbH manager called me every day, pushing me to invest more and telling me not to withdraw anything (supposedly to avoid lowering my trading potential). I deposited money several times, but eventually decided it was time to enjoy the fruits of my labor and requested a withdrawal. They didn’t send me any money. Instead, they blocked access to my account. Now I can’t reach these scammers by phone – seems like they blacklisted me!

    Reply

Leave a review

Rating: