Some wonder if trading in Forex is even legal in Malaysia. Many Malays worry that it' s illegal.Recently, I have noticed few questions whether Forex trading is legal in Malaysia. Forex trading then, is the practice of trading currency for profit.
Trading forex ( currencies) in Malaysia is popular among residents. Before any fx broker in Malysia can accept forex and CFD traders as clients, they must hold a Capital Markets Services License ( CMSL) from the Securities.
The more attractive it is to do business with a. You can think of the exchange rate as the ' price' of a currency.