Forex Trading Banned In Malaysia

ATTENTION FINFLUENCERS, AFFILIATES & BROKER AGENTS IN MALAYSIA!
Starting 1 November 2025, the Securities Commission Malaysia (SC) will enforce stricter Guidelines on Advertising of Capital Market Products & Services. If you promote unlicensed brokers/investment platforms, BEWARE – violations can result in:

1. Fines up to RM10 MILLION (~USD 2.1 million)
2. Jail time up to 10 YEARS
3. Or BOTH!

WHAT COUNTS AS A VIOLATION?
Sharing referral links for brokers/platforms NOT LICENSED by SC/Bursa Malaysia.
Creating promotional content (TikTok, IG Reels, Webinars, etc.) encouraging sign-ups/deposits with unlicensed foreign brokers.
Social media posts highlighting benefits of illegal brokers (e.g., "High bonuses," "1:1000 leverage," etc.).
Note: Even if you aren’t paid, the SC may classify you as an "advertiser" if you spread promotional material.
WHY IS SC TIGHTENING THESE RULES?

1. Protect investors from misleading info by unethical finfluencers/agents.
2. Prevent scams like Ponzi schemes, "clone" brokers, or unregulated offshore platforms.
3. Ensure only licensed brokers (e.g., Rakuten Trade, Maybank Invest, Kenanga) are promoted.

SAFETY MEASURES FOR YOU:

1. CHECK BROKER LICENSE
   1. Verify via SC Licensed List or Investor Alert List.
   2. Offshore brokers (e.g., Binance, Deriv, OctaFX) ARE NOT SC-REGULATED – promoting them risks penalties.

2. FOCUS ON EDUCATIONAL CONTENT
   1. Discuss market analysis, trading basics, or finance tips WITHOUT encouraging sign-ups/deposits.
   2. Avoid naming unlicensed brokers, even indirectly.

3. OBTAIN CMSRL APPROVAL
   1. To legally promote financial products, register as a Capital Market Services Representative Licence (CMSRL) holder or partner with licensed firms.

4. DECLARE SPONSORSHIPS (IF APPLICABLE)
   1. If paid, label posts as "Paid Promotion," but this ISN’T ENOUGH if the broker lacks an SC license.

DON’T TAKE THE RISK!
Many finfluencers/affiliates unwittingly break the law. The SC now uses AI & social media monitoring to track illegal activity.
Refer to official SC resources:

1. SC Advertising Guidelines (2025)
2. CMSA 2007 Act

Share this info – don’t get raided by the SC!
#SCMalaysia #InvestSmart #Finfluencer #FinanceSafety

this could be ending for Malaysia trader since all the broker not regulated in Malaysia

Thank you for this very detailed information about Forex trading from Malaysia.

I think, it's good move! It will help the traders to protect their money from scam brokers! By the way, the topic is little bit confusing, when the SC is restricting the unlisted brokers, and promotional activities of those companies; but your topic is hinting something else!

[quote=Newtrader025;15361329]I think, it's good move! It will help the traders to protect their money from scam brokers! By the way, the topic is little bit confusing, Since many foreign brokers are unregulated, there is a possibility that forex trading will be prohibited in Malaysia. Brokers typically receive funding from ib and run several social media advertisements, primarily on Facebook and TikTok. What would happen if IB stopped? If the broker is unable to continue, they will undoubtedly raise the deposit or leverage, or in the worst situation, they will cease operations in Malaysia.

This is the end for Malaysian traders, as I mentioned. As of right present, GMI and Wetrade are shutting down in Malaysia this month.

good that they gave notice instead of closing in silence

there will be more. HFM , JustMarkets , FBS, so on

withdrawn all from 1 account. only 1 small account left

IUX Markets Limited

Any update on HFM and FBS by the way?

so far no . I will posted here if got any info

Any ideas on which brokers are regulated/licensed in Malaysia?

Glad you pushed this thread to the top otherwise I didn't even know of such rules. Am just getting into Forex only.

Hello All

Is Trading Banned or is the act of showing Live Trades on Social Media Banned and giving unregulated information..?

Thanks

there is no regulated broker in malaysia

still can trade . it's just you can't post link affilate,giving signal or invite people to join trade forex