What is Bursa Malaysia Berhad？
Bursa Malaysia Berhad, founded in 1976, is a major bourse in ASEAN, established in Kuala Lumpur, Malaysia. The exchange provides a comprehensive suite of integrated services, including listing, trading, clearing, settlement, and depository services. Despite its sizable operation, it's important to note it's not currently regulated by any recognized financial regulatory authority.
Pros & Cons
Pros:
Experienced Broker: Founded in 1976, Bursa Malaysia Berhad boasts of long-standing experience in the financial market. This tenure provides them with extensive industry knowledge, catering to the diverse needs of traders effectively.
Various Market Instruments Offered: Bursa Malaysia Berhad offers a wide range of market instruments for trade. This gives traders more opportunities and options to diversify their portfolios and potentially mitigate risk.
Cons:
Non-regulated: Bursa Malaysia Berhad is not regulated by any known financial regulatory body. This raises questions regarding transparency, safety, and security for the traders on this platform.
Negative Customer Reviews: The broker has gathered several negative reviews from customers, indicating potential issues with its service offerings. Traders should consider these reviews and do careful research before deciding to trade with this broker.
Is Bursa Malaysia Berhad Safe or Scam？
Market Instruments
Bursa Malaysia Berhad provides traders with broad access to numerous trading instruments within the financial market. These include securities, reflecting ownership in a publicly-traded corporation; equities, allowing traders to buy stocks or shares and thus claim a fraction of a company's assets and earnings; and Exchange-Traded Funds (ETFs), essentially a type of security that involves a collection of securities—such as stocks—that often tracks an underlying index. Additionally, Bursa Malaysia Berhad offers derivatives, financial securities with a value that is reliant upon an underlying asset, enhancing the opportunity for traders to strategize and potentially benefit from fluctuations in asset value.
Customer Support
Bursa Malaysia Berhad offers multiple avenues for customer support to accommodate the various preferences of its clients. Customers can reach out to the support team through two different telephone numbers (+603-20347000, +603-23327000) or via fax at (603) 2732 5258 for more traditional modes of communication. For digital interaction, customers can send their queries or concerns directly to the email address Bursa2U@bursamalaysia.com. Apart from this, the company is also active on several social media platforms, including Twitter, Facebook, Instagram, and LinkedIn, enabling more modern and real-time engagement with their clients.
Conclusion
Bursa Malaysia Berhad, established in 1976, is a prominent player in ASEAN's financial marketplace, offering broad access to numerous market instruments and comprehensive exchange-related services. However, its current non-regulated status and negative customer reviews bring some concerns that potential clients should investigate and consider thoroughly before engaging.
Frequently Asked Questions (FAQs)
Q: What market instruments does Bursa Malaysia Berhad offer？
A: Bursa Malaysia Berhad provides access to a wide range of market instruments such as securities, equities, shares, ETFs, and derivatives.
Q: Is Bursa Malaysia Berhad regulated？
A: Bursa Malaysia Berhad is not currently regulated by any recognized financial regulatory authority.
Q: Are there any reported concerns about Bursa Malaysia Berhad？
A: Yes, some users have reported concerns about its legitimacy and non-regulated status, and there are also several negative customer reviews.
Q: Is Bursa Malaysia Berhad a good choice or not？
A: No, it isn't. It is non-regulated, and the official website can be complex for potential customers. Without clear guidance, users can find it very confusing and hard to get.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
2023-02-17 15:53
