forex trading in malaysia is not illegal, however it is only applicable to banks and licensed money changer. however, another type of forex 'trading' which is the speculation on forex is illegal in malaysia. therefore you can not see any FOREX broker in malaysia like what u see in aus or singapore where everyday we can trade or gamble those that you are seeing in malaysia are all operate overseas, they are agent of these overseas operated website... just like online gambling, its illegal in malaysia but they have agents or ad in malaysia to 'introduce' you these online gambling website.

This post has been edited by klthor: Mar 10 2016, 05:38 PM

since its operation is located outside malaysia, if you got scam by these website you are unable to sue them in malaysia or ask help from BNM.

Depends on amount and luck. BNM monitors on Banks and the Banks monitor on you. Maybe you can try AMbank becoz some1 gets tru with Ambank 700mil USD aka 2.6bil RM.

This post has been edited by klthor: Mar 14 2016, 12:54 PM