Is IC Markets legal in Malaysia?
Only brokers on the Securities Commission's approved list are authorized in Malaysia. Many offshore forex brokers are not, and some appear on the SC's Investor Alert List — check before signing up.
IC Markets does not hold a Securities Commission Malaysia / Bank Negara licence specifically for Malaysia in our records, so Malaysian clients are typically served through IC Markets's international/offshore entity. That means you rely on that entity's regulation rather than local Malaysia protection — check which entity you're signing up with.
IC Markets's regulation
Exact license numbers not yet verified — the official site mentions multi-regulation but the detailed regulation page was inaccessible during our check. Verify directly with the regulator (ASIC, CySEC, or the Seychelles FSA depending on the entity) before signing up.
For Malaysian traders
Before you trade from Malaysia
Laws change and are enforced differently — this is general information, not legal advice. Always confirm the current rules with Securities Commission Malaysia / Bank Negara and verify which IC Markets entity serves Malaysia. Trading Forex/CFDs is high-risk and can lose all your capital.
IC Markets in other countries
Update history
- 2026-08-01
Availability and local-regulation context reviewed.