What Is Spread in Forex? The Bid-Ask Gap, Costed in Ringgit
The spread is the gap between the bid and ask price, paid on every trade. What 1, 2 and 3 pips cost in ringgit, from the ECB's 16 October 2026 rates.
News
What Is a Pip in Forex? The Definition, Worked in Ringgit
A pip is 0.0001 on most pairs and 0.01 on yen pairs. What one pip is worth in ringgit, worked from the ECB's 14 October 2026 reference rates.
Is Forex Trading Legal in Malaysia? What BNM Actually Says
BNM's 2010 release calls dealing in foreign currency with anyone but an authorised dealer an offence. The Labuan bar and BNM's alert list, read in October.
Is FBS Regulated in Malaysia? What BNM's 2012 Entry Names
Not by BNM: its alert list has carried an FBS Malaysia entry since 2012, and fbs.com is among the sites it names. What FBS says about Belize.
Is OctaFX Regulated in Malaysia? What BNM's 2022 Entry Names
Not by BNM: its alert list has carried OctaFX since 2022, naming seven Malaysian collecting agents. What the entry shows, and what Octa says it is.
Is XM Regulated in Malaysia? What BNM's List Shows
Not by BNM: its alert list names 'XM Forex Malaysia' with a 2017 date. And the two CySEC numbers affiliates quote for XM belong to two different companies.
Is Exness Regulated in Malaysia? What BNM's List Proves
No Malaysian licence for Exness on the record. BNM's alert list has named 'Exness Malaysia' since 2017; its client agreement is a Seychelles company's.
Can Malaysian Residents Trade With a Labuan-Licensed Broker?
Labuan FSA's own FAQ bars Labuan money brokers from dealing with residents. What that means for a trader in KL, and the surrendered list nobody checks.
Four Regulators in HFM's Footer, and the Square of the Map They Don't Cover
The Philippine SEC's advisory against HFM sets four published licence numbers beside one jurisdiction that recognises none of them. A dated status check, not breaking news.
Bappebti Grades Its Brokers, and 66 of 67 Get an A
Indonesia's regulator published its April–June 2026 broker rating on 12 August. The grades are real, and the register beneath them is better still — but the letter beside a company's name belongs to one onshore entity only.
Vietnam Starts Fining the Trader, Not Just the Platform
Decree 284/2026 takes effect on 1 September and reaches the individual account holder, not only the platform. It draws a border around one square of the map, and leaves the retail FX square beside it as blank as it was.
XTB's Indonesian Entity, and Its Three Regulators
The broker says it has cleared CFDs for its Indonesian operation. The more useful document is the one already published: one local company, three regulators, and a set of permissions that are not all the same kind of object.
How to Read a Licence Claim
The footer of an offshore broker's website is a small atlas — five regulators, four continents. Here is what those names prove, and what they quietly don't.
The Patchwork, Mid-2026
Malaysia, Indonesia and Vietnam regulate retail FX in three different ways — one polices its border, one licenses inside it, one has drawn almost no onshore territory at all.