Forex Broker Malaysia is governed by regulations which are intended to safeguard traders and ensure the credibility of the market. A reputable broker for forex must be aware of and comply with the rules. FXCM Markets is a trusted name in the world of forex and is committed to compliance. This lets Malaysian traders to make transactions without worry and with confidence. Get more info!
The Securities Commission Malaysia is responsible to oversee the Malaysian financial system. It establishes guidelines and rules that regulate the trading of forex. FXCM Markets, as a forex broker who is accountable for the interests of its clients is operating in accordance with SC rules. FXCM Markets can guarantee that its operations are safe as well as transparent, and that they are in accordance with the needs of Malaysian customers.
Separation of funds is an essential element that is a crucial aspect of FXCM Markets’ regulatory compliance. Separate accounts are managed by the broker in order to safeguard the funds of clients as well as its operational funds. Brokers have separate accounts that protect the client’s funds from its own operating funds.
FXCM Markets adheres to strict guidelines against money laundering as well as Know-Your-Customer. These policies were put into the first place to prevent illegal activities like terrorist financing and money laundering. The policies also make sure that the broker has precise information about its clients. FXCM Markets maintains the integrity of Malaysian financial markets through the implementation of AML/KYC policies.
FXCM Markets also operates on the principles of transparency in pricing and ethical implementation practices. The company provides traders with transparent and precise information about spreads, costs for trading as well as commissions. The firm employs ethical execution methods to make sure that transactions are executed promptly and with competitive prices without causing conflicts of interest.
FXCM Markets places an emphasis on educating traders on the compliance with regulatory requirements. It provides resources as well as educational materials to assist Malaysian forex traders understand the rules, rights and obligations.