Forex trading usa legal

Bank Negara Malaysia has clarified that the buying and selling of foreign currency in Malaysia is only allowed with licensed commercial banks, Islamic banks, investment banks and international Forex trading usa legal banks as provided for under the Exchange Control Act 1953. NOT the balance in your bank account, which, if you really think about it, is JUST A NUMBER. Malaysia to buy or sell foreign currency or do any act which involves, is in association with, or is preparatory to, buying or selling of foreign currency with any person, other than an authorised dealer.