The Malaysian Securities Commission, SC, has issued a warning against two popular Forex brokerages: HotForex and OANDA Malaysia Corporation. October 20, 2020 AtoZ Markets – The Securities Commission Malaysia (SC) has added three more companies to its blacklist, with two major world-renowned Forex brokers among the culprits: HotForex and OANDA Malaysia Corporation. Malaysia SC Blacklists Unauthorized Forex Broker Just2Trade. Oct 27, 2020. Author. Samson . View author's profile. Get Free Trading Signals Your capital is at risk. Malaysian financial regulator has blacklisted Just2Trade, a CySEC regulated FX broker which is part of the Russian group of companies FINAM. October 27, 2020 AtoZ Markets – Malaysia’s financial regulator, the Securities ... The list includes two well-known brokers around the world, Hot Forex, and OANDA Malaysia Corporation, which is a clone e of the website of OANDA a famous company that is based in the USA, as it was found, the company that was blacklisted has nothing to do with the US-based company. The list also includes a company called Torque Market Limited ... Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Forex in Malaysia. Forex trading is legal in Malaysia, although The Bank Negara Malaysia (BNM), the financial authority in Malaysia, places restrictions. A law states that it is not allowed for any Forex trader in Malaysia to deal in currencies without an authorized broker in Malaysia. Traders living abroad are not subject to this regulation. List of best Forex brokers in Malay. Here you can ... Trading forex (currencies) in Malaysia is popular among residents. While any internationally regulated forex broker can accept clients from Malaysia, it is an additional benefit to also hold a Capital Markets Services License (CMSL) from the Securities Commission of Malaysia (SCM), which is the financial regulatory body in Malaysia. SCM's website is sc.com.my. We recommend Malaysian residents ... Malaysia’s main regulatory body, called the Securities Commission Malaysia, SC, is known to be very active when it comes to fighting for the safety and security of the funds of the Forex investors in the country. Recently, the regulatory agency has announced that they have blacklisted more companies, the main reason being the fact that these companies were not registered in the country.
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