The Securities Commission Malaysia (SCM) is a statutory body responsible for regulating and developing Malaysia’s capital markets. While retail forex trading in its speculative form is prohibited, SCM regulates derivatives, structured products, and foreign exchange-related investment schemes that fall within the capital markets framework.
The Securities Commission Malaysia (SCM) strictly regulates forex-linked investments and prohibits speculative retail forex trading. Investors must ensure they engage only with SCM-licensed entities and avoid unlicensed FX platforms, which are actively monitored and penalized.
- Prohibits retail margin forex trading via local or offshore brokers
- Regulates licensed investment banks and brokers offering FX-related instruments
- Approves structured FX-linked products (e.g., dual currency investments, ETFs)
- Supervises derivatives exchanges like Bursa Malaysia Derivatives
- Visit the SCM Public Register
- Search for the company name, license category, or product approval
- Ensure status as a Capital Market Services License (CMSL) holder
Country
Malaysia
Established
1993
Contact
+603 6204 8999
Complaint bodies
Securities Commission Malaysia (SCM), Bank Negara Malaysia (BNM) – for currency controls and FX remittance issues
Hotline
+603 6204 8999
Complaint email
Last updated on: April 07, 2025
High Risk Warning : Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.