A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 8 | 35% |
| Company age | 22 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 72 | 12% |
| Offshore registration | 10 | 8% |
| Transparency (site/info/social) | 78 | 10% |
Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.
| Regulator | License type | License No. | Region | Status |
|---|---|---|---|---|
| ASIC | Inst Forex Execution (STP) | 556701 | Australia | Regulated |
| VFSC | Forex Trading License (EP) | 700483 | Vanuatu | Offshore Regulation |
| Account | Max leverage | Min. deposit | Min. spread | Commission | EA |
|---|---|---|---|---|---|
| Raw USC ECN | 1:1000 | 300.00 USD | 0.0 | -- | ✓ |
| Standard USC STD | 1:1000 | 300.00 USD | 1.7 | -- | ✓ |
| Raw ECN | 1:1000 | 300.00 USD | 0.0 | -- | ✓ |
| Standard STD | 1:1000 | 300.00 USD | 1.7 | -- | ✓ |
The single most common complaint is being unable to withdraw funds (4 reports) — the classic warning sign in forex. We also found 6 clone site(s) impersonating this brand — a frequent vehicle for scams.
0MDM is a forex and CFD broker based in Australia, with records dating to 2020-06-11. It reports oversight from ASIC, VFSC.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
Finally, beware of impersonation: we tracked 6 clone website(s) copying MDM. Always reach the broker through its verified official domain, never via links in ads or messages.
Overview compiled by FXCanary from regulatory records and public data. full MDM review