Brokers in Malaysia Malaysia is one of the biggest oil manufacturers in Asia. And these are not all the new things that happen in economy and financial sphere in Top forex brokers in asia. The role of Bank Negara in Malaysia Forex sphere Bank Negara is actually the name behind Malaysian National Bank. It has a giant role for traders and trading websites, because it is the official regulator for them in the country.
The Bank is responsible to provide official licenses for the brokers and to keep the Malaysian traders safe regarding their personal data and money they invest or win by trading. Is it illegal to trade in Malaysia after all? Trading in Malaysia is not illegal. It is fully official and conducted with the national laws for financial activity. After its program for economy growth, Malaysia has provided the opportunity for Bank Negara to operate in this market, as well. When joining a Malaysian broker, on the other side, as a person from another country you might be feeling some difficulties as to customer support communication or account management. Still, let`s give this country a chance to grow, because we are sure that in few years local Forex world will modernize and become as interactive and convenient as it is now in leading financial trading countries like UK or Canada.