Forex Broker Malaysia operates within an established regulatory framework designed to protect traders and maintain the security of the market. Every reputable forex broker has to know and adhere to the rules. FXCM Markets, our site trusted name in the industry is a firm believer in regulatory compliance and makes sure that Malaysian traders are trading with confidence and security.
In Malaysia, the financial industry is overseen by the Securities Commission Malaysia (SC), which sets regulations and rules for trading activities. FXCM Markets, as a forex broker, which is accountable for its customers’ interests is operating in accordance with SC guidelines. By doing so it ensures the operations of its business are open, secure, and aligned with the best needs of Malaysian traders.
The separation of funds is a crucial aspect of FXCM Markets’ regulatory compliance. The broker maintains separate accounts that protect client funds and operating funds. Separation of the funds from operating funds guarantees that traders’ funds are protected and can be easily identified and returned to clients, even in the case that the broker’s financial situation becomes insolvent.
FXCM Markets adheres to strict guidelines against money laundering as well as Know-Your-Customer. The policies have been put designed to deter criminal activities such as money laundering and terrorist financing as well as to make sure that the broker holds complete and current information regarding the clients it serves. FXCM Markets maintains the integrity of Malaysian financial markets through the implementation of AML/KYC policies.
FXCM Markets also operates on an open pricing system and fair implementation practices. FXCM Markets provides clear and detailed information about spreads, commissions, and other costs of trading, which allows traders to make educated decisions. The company’s fair execution procedures ensure the execution of trades on time and at a reasonable cost, without any conflicts of interests.
FXCM Markets places an emphasis on educating traders about regulations compliance. The broker provides resources and educational materials to help Malaysian traders understand the regulations regarding their rights, as well as the obligations they have as participants on the market for forex.