Malaysia SC Warns against Etoro Financial and Other Two Suspect Clone Entities

The Securities Commission Malaysia (SC) has updated the Investor Alert List that contains the list of unauthorised websites, investment products, companies and individuals. 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 as at 27 April 2022:

1. Potential clone entity – Sanabil Investments

2. Potential clone entity – MDEC Pelaburan Pintar Untuk Masa Hadapan Telegram Grou

3. Potential clone entity – Etoro Financial

4. VVIP Trader Saham Malaysia

The list is updated periodically for public's reference. Members of the public are encouraged to alert the SC if you come across any suspicious capital market activities.