FxPro and Malaysia: Securities Commission Context
FxPro does not hold a licence from Malaysia's Securities Commission (SC). Malaysian residents are onboarded through the group's international entities — typically SCB (Bahamas) or CySEC (Cyprus) — not as clients of an SC-licensed local broker.
75%+ of retail investor accounts lose money trading CFDs.
What SC regulation would mean
An SC-licensed broker operates under Malaysian capital-markets law with local conduct rules and domestic recourse. FxPro's international entities fall outside that framework — your protection comes from FCA, CySEC, FSCA or SCB rules, depending on which entity holds your account.
Why Malaysians still use offshore brokers
Retail FX CFD access through SC-licensed local brokers is limited compared to global multi-asset CFD platforms. Many Malaysian traders choose international brands for platform choice (MT4/MT5/cTrader), instrument range (2,100+ CFDs) and swap-free options. That is a trade-off: broader product vs domestic regulation.
Due diligence checklist
Before funding: confirm the legal entity name in the client agreement, verify group licences on official registers (FCA, CySEC, FSCA, SCB — not SC Malaysia for FxPro), use only the official FxPro domain linked from their site, and never send funds to third-party wallets claiming to be FxPro.
FAQ
Is trading with FxPro illegal in Malaysia?
This guide does not provide legal advice. FxPro is not SC-licensed locally; clients use international entities. Consult a Malaysian legal advisor for your situation.
What leverage do Malaysian clients get?
Up to 1:500 via the SCB entity is commonly cited for international onboarding; FCA/CySEC entities cap retail at 1:30 under ESMA-style rules.
Does FxPro have a Malaysia office?
FxPro's published group structure includes a Dubai office (Rolex Tower, Sheikh Zayed Road) — not an SC-licensed Malaysian branch.