{"id":1305,"date":"2016-11-29T09:46:25","date_gmt":"2016-11-29T09:46:25","guid":{"rendered":"http:\/\/www.makemoneytradingreviews.com\/?page_id=1305"},"modified":"2020-09-22T08:24:53","modified_gmt":"2020-09-22T08:24:53","slug":"ibfc-registered","status":"publish","type":"page","link":"https:\/\/www.makemoneytradingreviews.com\/ibfc-registered\/","title":{"rendered":"Labuan IBFC Regulated Forex Brokers in Malaysia"},"content":{"rendered":"
Malaysia, as one of the economic centers in South-East Asia, has become one of the leading Asian powers in the capital market growth. Malaysia is divided between two major groups: the conventional Malaysians, who are skeptic about the online market, and the ones who are more than excited to try to make it in the new and potentially profitable market.<\/p>\n
The Labuan International Business & Financial Center (Labuan IBFC)<\/a> was established in 1996, and more and more Asian companies are looking to secure the IBFC license. The IBFC is an offshore regulatory agency for Malaysian brokers. Initially, the IBFC\u2019s goal was to make Malaysia the focal center for offshore investments, but the country did not have the capacity which Hong Kong and China had. As already known, before 2008, the Malaysian government was not fond of the Forex industry. Moreover, Forex trading had to be legalized, and the country had to deal with confusion for a long time. After 2008, the Malaysian government seemed to have changed its mind realizing that the country needs new investments to boost the economy. From then on, the Malaysian government focused more on the Forex market and the potential gains it comes with. The government brushed up the regulations and rules and managed to upgrade the market to international standards.<\/p>\nBest Forex Brokers<\/h3>\n