Central Bank of Malaysia

Bank Negara Malaysia BNM was established in 1959. It is founded and owned by the Malaysian government and is responsible for supervising banking and financial activities throughout Malaysia.

The BNM does not regulate leveraged foreign exchange. Under the prevailing Foreign Exchange Policy (FEP), a Malaysian resident is allowed to buy and sell foreign currency against another foreign currency on spot or forward basis with a licensed onshore bank.

Generally speaking, BNM-regulated broker profile will be found at the Financial Sector Participants Directory page on BNM website. Try to find it and check if it will match the info from the broker website.

The detailed steps are as below:

1. Open its official website: https://www.bnm.gov.my/

2. Find "Licensed Financial Institutions" and click it

3. Enter the broker's name to search

4. If there is a result, click the company's name, and check the details of this company. 

For any other enquiries or complaints on other matters, please submit your enquiry via eLINK form (https://bnmlink.bnm.gov.my). As a guide, please refer to the following page to understand more on the scope of complaints handled by BNM: https://www.bnm.gov.my/consumer-info/complaints