Malaysia SC Updates Investor Alert List: 23 Unauthorized Entities Added in November 2024

The Securities Commission Malaysia (SC) has updated its Investor Alert List, 23 unauthorized websites, investment products, companies or individuals were added to the warning list in November 2024 (until November 20).

Please take note that this list is not exhaustive and only serves as a guide to investors prior to making any investment decisions.

The following person(s)/entity(ies) was/were added to the list in November 2024:

• Potential clone entity - Bursa Mmalaysia

• Potential clone entity - iFASTT pro

• ​Potential clone entity - Syarikat KAF Investment Funds

• ​Ahmed Prima

• ​Admiral

• ​Potential clone entity - Kenanga Islamic Investors

• ​InstaTrade

• ​InstaForex

• ​Potential clone entity - Finex Trade Station

• ​Untung Melabur Berjaya

• ​Binomo

• ​Support MBE by USTAD

• ​Folgory Exchange

• ​PPNANCE

• ​Ultima Markets

• ​Moneta Markets

• ​Lumina

• ​Potential clone entity - Capspring Temasik

• ​Amanah Laju

• ​Monaxa Broker

• ​Potential clone entity - CICC Investment Club / CW(M)-PRO

• ​Digzax

• ​P Trade Pro

The list is updated periodically for public reference.