OctaFX Added To Bank Negara’s Financial Consumer Alert List
Trading platform OctaFX has been added to Bank Negara Malaysia’s (BNM) Financial Consumer Alert list.
In a statement released on 29 August, it said that the list consists of companies and websites which are neither authorised nor approved under the relevant laws and regulations by BNM..
“Please take note that the list is not exhaustive and only serves as a guide to members of the public based on information and queries received by BNM.”
In addition, the Securities Commission Malaysia (SC) also added OctaFx to its Investor Alert List of companies or websites carrying market regulated activities without a license or registration.