SC Malaysia Warns Against 14 Unlicensed Firms

SC Malaysia named the 14 unlicensed firms. The authority does not authorize the firms on the list. Read the list below and be aware.

1. Amy Trading Academy

2. Global Bitcoin Invest

3. Storm X Binary

4. Global Asia FX

5. EFA Pro

6. Smart Infinite Sdn Bhd (1256378-W)

7. Feedback Clien Sahabat Invest

8. Hetika Perintis

9. AUMENT Trade Pro

10. M Advisory

11. KSK Group Berhad 435

12. UCI Resources

13. IHC Pea

14. Dell Max Group

According to the authority, these firms are unlicensed. The regulator has advised investors to exercise extreme caution when dealing with these entities and to verify their licenses before investing.

About SC Malaysia

The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). The 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”.

WikiFX is your one-stop shop. It keeps you up-to-date with the latest market news and also empowers you to make informed decisions with its comprehensive broker evaluation tools. Assess a broker's regulatory status, read reviews, and check the broker's reliability & History—all in one place! Visit the WikiFX website now and transform your trading experience.