The Securities Commission of Malaysia (SC) has updated the investor warning list. According to its website data, 28 unauthorized websites, investment products, companies and individuals have been added to its warning list in February. Please note that this list is not exhaustive and is intended only as a reference for investors before making investment decisions.
In February 2023, the following persons or entities have been added to the watchdog’s alert list:
1. FCZF
2. ABX Trade / ABX Trade Malaysia
3. Motivasi Trader Malaysia
4. Star Trade
5. Hap2py
6. Akademi Saham Syariah Malaysia
7. Tradeinvest Investment
8.Trader’s Way
9. Norazambudinn (probably a clone company)
10. Gigamax
11. Trading Investment MY
12. Orient Capital Management Malaysia / OCM Malaysia (probably a clone company)
13. Kucoin (probably a clone company)
14. Grimes James / Pelaburan Saham Patuh Syariah
15. LCM4U
16. CC Advisory S/B 124 (probably a clone company)
17. Pixelvest Sdn Bhd [1374985-D]
18. Infinity Trustee Berhad (now called Perintis Amanah Berhad) [1177751-V]
19. MX8 Capital
20. Expert Option
21. Markets Financial
22. iFast Capital 212 (possible clone)
23. Funda Markets
24. PB Futures (probably a clone company)
25. Invesa Capital
26. Bold Prime
27. CS Smart Investment Syariah
28. Pelaburan CIMB Bank Malaysia (probably a clone company)
The list is regularly updated for public reference.