SC Malaysia Warns Against TradingView

The Securities Commission Malaysia issued a warning against TradingView to the public. The SC Malaysia highlighted concerns about the platform not being registered with the commission, raising potential risks for investors. The authority stated:

REMARK

• Possible clone operating an illegal investment scheme

• Carrying on unlicensed capital market activities of dealing in securities

TradingView offers various tools and features for technical analysis and trading strategies, but users are advised to exercise caution due to the lack of regulatory oversight.

Investors are reminded to verify the registration status of any trading platforms they intend to use to ensure compliance with regulatory requirements. SC Malaysia emphasized the importance of dealing only with licensed entities to safeguard investors' interests and protect against fraudulent activities.

About TradingView

Tradingview, founded in China around 2-5 years ago, offers a wide range of trading assets spanning Forex, cryptocurrencies, stocks, and more. Despite its various market offerings, the platform lacks regulatory oversight, leaving users vulnerable to potential risks such as fraud and manipulation.

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