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Malaysia SC Warns against AMarkets

WikiFX | 2024-03-27 16:44

Abstract:As a Trader or Investor, you must take reputable regulators’s warnings seriously. Ignoring it will certainly lead you to regret it. Malaysia's regulator, Securities Commission (SC), recently issued a warning against AMarkets.

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As a Trader or Investor, you must take reputable regulatorss warnings seriously. Ignoring it will certainly lead you to regret it. Malaysia's regulator, SC, recently issued a warning against AMarkets.

The Authority warned the public to stay away from AMarkets. The authority claimed this firm is involved in something illegal. When we searched AMarkets on WiKiFX, we found that its an unlicensed broker with a low score of 2.11 out of 10. WiKiFX issued a warning thereby stating: Warning: Low score, please stay away!

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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About SC

The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). It is a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market.

SCs mission is “to promote and maintain fair, efficient, secure and transparent securities and derivatives markets; and facilitate the orderly development of an innovative and competitive capital market”.

To expand your knowledge and stay informed about the forex market. Download the WiKiFX app on your phones.

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Related broker

No Regulation
AMarkets
Company name:AMarkets LTD
Score
2.33
Website:https://www.amarkets.com/
5-10 years | Suspicious Regulatory License | MT4 Full License | MT5 Full License
Score
2.33

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