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Help needed in OANDA + users from Malaysia 105 replies

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Malaysia

  • #23,861
  • Mar 16, 2014 9:21am Mar 16, 2014 9:21am
Hi, i am new to forex trading, was wondering whats the policy on forex trading in malaysia, is it illegal?
  • #23,862
  • Mar 17, 2014 6:34am Mar 17, 2014 6:34am
Quote
Hi, i am new to forex trading, was wondering whats the policy on forex trading in malaysia, is it illegal?

It's legal to trade forex in Malaysia, but it's illegal to trade Ringgit Malaysia (MYR).
  • #23,863
  • Mar 18, 2014 10:58am Mar 18, 2014 10:58am
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  • #23,864
  • Mar 19, 2014 7:29am Mar 19, 2014 7:29am
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  • #23,865
  • Mar 19, 2014 7:34am Mar 19, 2014 7:34am
just subscribe.support my home country
  • #23,866
  • Mar 19, 2014 7:35am Mar 19, 2014 7:35am
Quoting izzas
{image}
Berlawanan dgn hamba ni...long target 1.47 hehehe
Equities open and promptly sell off
  • #23,867
  • Mar 20, 2014 8:48am Mar 20, 2014 8:48am
Masa untuk membina position short ucad .... Aim 4h 200 ma
Equities open and promptly sell off
  • #23,868
  • Mar 20, 2014 8:49am Mar 20, 2014 8:49am
Quoting nsb
Masa untuk membina position short ucad .... Aim 4h 200 ma
what happened to the plane ??? any news on that
  • #23,869
  • Mar 26, 2014 1:12am Mar 26, 2014 1:12am
Quoting zhexiang
{quote} It's legal to trade forex in Malaysia, but it's illegal to trade Ringgit Malaysia (MYR).
Good quick summary.

More accurately, for retail traders in Malaysia, it's legal to trade forex FOR YOURSELF (NOT FOR OTHERS) and with your own money.
I'm not trying to convince anyone. I'm not in the "convincing" business.
  • #23,870
  • Apr 23, 2014 8:23am Apr 23, 2014 8:23am
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  • #23,871
  • May 8, 2014 11:31am May 8, 2014 11:31am
Yo Malaysians,

Happy to have a thread here haha....trading alone is not as fun as trading with own countrymen xd...anyone planning short nzdusd 0.8660 or gbpusd pending short 1.6990 can join me la...share trading skill or find time minum also can. Poor micro part-time trader in kl just have fun xd.

Good night brothers & sisters
Don’t complain, just work harder.
  • #23,872
  • May 10, 2014 8:21am May 10, 2014 8:21am
I tried, no one is going to respond, because we are trading forex in Malaysia. Semua takut kena tangkap. Lol
  • #23,873
  • May 11, 2014 12:55am May 11, 2014 12:55am
Hi. Im malaysian too. Currently floating eu & gu. Hopefully to see graf going long by tomorrow..
  • #23,874
  • May 11, 2014 7:29am May 11, 2014 7:29am
Quoting lithium1
I tried, no one is going to respond, because we are trading forex in Malaysia. Semua takut kena tangkap. Lol
Hi lithium, what broker did u use
  • #23,875
  • May 12, 2014 3:30am May 12, 2014 3:30am
I'm just joking, no one is going to tangkap anyone.
  • #23,876
  • May 12, 2014 3:41am May 12, 2014 3:41am
Malaysia Government will track your ip and catch you matilah kita ni
  • #23,877
  • May 12, 2014 10:54am May 12, 2014 10:54am
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  • #23,878
  • May 12, 2014 11:07am May 12, 2014 11:07am
Hi, I'm malaysian too, UJ is confirming uptrend or not?
  • #23,879
  • May 12, 2014 11:18am May 12, 2014 11:18am
[quote=zhexiang;7344788]{quote} It's legal to trade forex in Malaysia, but it's illegal to trade Ringgit Malaysia (MYR).[/quote

All forex trading is illegal in Malaysia. Even seminars promoting forex trading are not allowed. Only approved institutions, meaning banks and licenced money changers, are allowed to trade forex. You cannot trade IN the country but apparently they cannot do anything as you are doing it online with brokers overseas.
  • #23,880
  • May 12, 2014 11:55am May 12, 2014 11:55am
Check in..... Malaysian from Australia...
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