Ex Trader Malaysia presents itself as a legitimate trading platform, but the evidence tells a different story. Here is what our review of Ex Trader Malaysia uncovered.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is Ex Trader Malaysia?
On the surface, Ex Trader Malaysia looks like an ordinary forex and crypto broker. Its public site is presented at https://www.extradermalaysia.com. But surface impressions are exactly what these operations rely on — the substance behind Ex Trader Malaysia is where the problems begin.
Is Ex Trader Malaysia regulated?
We could find no evidence that Ex Trader Malaysia holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.
Red flags we identified
- Aggressive “account managers” coaching clients to deposit
- Offshore or shell-company registration used to avoid oversight
- No credible physical address or verifiable corporate record
- No verifiable licence from a recognised financial regulator
- Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
Our analysis
In 2022, The Securities Commission Malaysia (SC) issued a warning against Ex Trader Malaysia that this firm may possibly be a clone operating an illegal investment scheme and carrying on unlicensed capital market activities of dealing in securities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list
Can you recover money lost to Ex Trader Malaysia?
If you have deposited with Ex Trader Malaysia, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.
Were you scammed by Ex Trader Malaysia?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.