Reviews of Malacca Securities Sdn Bhd
This is page 22 of 31 of the reviews SmartChecker holds for Malacca Securities Sdn Bhd. What the public registers say about the company is set out on its record page, not here.
What does SmartChecker make of Malacca Securities?SmartChecker 怎么看 Malacca Securities？Apa pandangan SmartChecker tentang Malacca Securities?
Written by Pang Hui JuanDirector of Online Broker Research
Fact-checked by Ng Kok HeiManaging Malaysian Partner
Fact-checked
I’ve been looking into Malacca Securities, one of Malaysia’s established stockbroking firms.
Its established position in the local stockbroking industry is a strength. It is a Participating Organisation of Bursa Malaysia and provides access to Malaysian equities, online trading and Shariah-compliant stockbroking through Bursa Malaysia-i.
Read the full reviewShow less
Investors should also understand its regulatory history. In September 2022, the Securities Commission Malaysia (SC) took administrative action against Malacca Securities Sdn Bhd for two breaches of its Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) Guidelines. The issues included inadequate ongoing customer due diligence and account monitoring, and failures involving risk reclassification and suspicious transaction reporting. The SC issued a reprimand for each breach and a total penalty of RM220,000. Its review application was dismissed in February 2023.
An earlier AML/CFT-related action followed in July 2020. The SC found that Malacca Securities had not responded in time to certain law-enforcement orders under the Anti-Money Laundering Act. It reprimanded the company and directed it to allocate at least RM200,000 to strengthen compliance systems, monitoring, controls and staff training.
Separately, some individuals associated with Malacca Securities have faced disciplinary action for trading-related misconduct. Individual cases must be distinguished from findings against the company and should not automatically be attributed to it.
Overall, Malacca Securities is a locally established, regulated stockbroking firm with access to Bursa Malaysia and Islamic stockbroking services. Its regulatory record also shows past AML/CFT compliance issues. Regulation provides the framework. Transparency provides confidence. Due diligence remains every investor’s responsibility.
Malacca Securities 是马来西亚较成熟的股票经纪公司，也是 Bursa Malaysia Participating Organisation，提供马来西亚股票、网上交易及 Bursa Malaysia-i 的伊斯兰股票经纪服务。
2022 年 9 月，SC 因两项 AML/CFT 指引违规对 Malacca Securities Sdn Bhd 采取行政行动，涉及持续客户尽职调查、账户监控、风险重新分类和可疑交易报告。SC 对每项违规作出谴责，合计罚款 RM220,000；复核申请于 2023 年 2 月被驳回。
阅读完整点评收起
2020 年 7 月另有一项 AML/CFT 行动。SC 指公司未及时回应执法机构根据反洗钱法发出的若干命令，并要求至少拨出 RM200,000 加强合规系统、监控、控制和员工培训。
与公司有关联的个别人士也曾因交易行为受纪律处分，但个人案件必须与针对公司的监管结论分开。
整体而言，它是本地受监管、可接入 Bursa Malaysia 的股票经纪公司，同时也有过去的 AML/CFT 合规纪录。投资者应结合监管、透明度和自身尽职调查作出判断。
Saya telah meneliti Malacca Securities, salah sebuah firma pembrokeran saham yang mapan di Malaysia.
Kedudukannya yang mapan dalam industri pembrokeran saham tempatan ialah satu kekuatan. Ia merupakan Participating Organisation Bursa Malaysia dan menyediakan akses kepada ekuiti Malaysia, dagangan dalam talian serta pembrokeran saham patuh Syariah menerusi Bursa Malaysia-i.
Baca ulasan penuhTunjuk kurang
Pelabur juga perlu memahami sejarah kawal selianya. Pada September 2022, Securities Commission Malaysia (SC) mengambil tindakan pentadbiran terhadap Malacca Securities Sdn Bhd bagi dua pelanggaran Garis Panduan Pencegahan Pengubahan Wang Haram dan Pembiayaan Keganasan (AML/CFT). Isunya termasuk usaha wajar pelanggan dan pemantauan akaun yang berterusan tetapi tidak mencukupi, serta kegagalan berkaitan pengelasan semula risiko dan pelaporan transaksi mencurigakan. SC mengeluarkan teguran bagi setiap pelanggaran dan penalti berjumlah RM220,000. Permohonan semakannya ditolak pada Februari 2023.
Satu lagi tindakan berkaitan AML/CFT berlaku lebih awal, pada Julai 2020. SC mendapati Malacca Securities tidak membalas dalam masa yang ditetapkan terhadap perintah penguatkuasaan undang-undang tertentu di bawah Akta Pencegahan Pengubahan Wang Haram. SC menegurnya dan mengarahkannya memperuntukkan sekurang-kurangnya RM200,000 untuk mengukuhkan sistem pematuhan, pemantauan, kawalan dan latihan kakitangan.
Secara berasingan, beberapa individu yang dikaitkan dengan Malacca Securities pernah menghadapi tindakan tatatertib kerana salah laku berkaitan dagangan. Kes individu mesti dibezakan daripada dapatan terhadap syarikat dan tidak harus dikaitkan dengannya secara automatik.
Secara keseluruhan, Malacca Securities ialah firma pembrokeran saham tempatan yang mapan dan dikawal selia, dengan akses kepada Bursa Malaysia dan perkhidmatan pembrokeran saham Islam. Rekod kawal selianya juga menunjukkan isu pematuhan AML/CFT pada masa lalu. Kawal selia menyediakan rangka kerjanya. Ketelusan memberikan keyakinan. Usaha wajar kekal menjadi tanggungjawab setiap pelabur.
Official sources
Reviews are written by SmartChecker members about their own experience and checked against our review rules. No company can pay to add, change or remove one.
Top mentions
All reviews 619 reviews
index_trade_30070
Excellent Order Ticket Design ΓÇö Demo 102
This fictional usability example highlights a particularly clear order entry screen. The emphasis on field labels and confirmation steps supports a smoother informational experience. No actual brokerage usage or transaction is asserted.
chart_trend_94055
Excellent Dividend Information ΓÇö Demo 173
This synthetic positive review praises the clarity of the corporate actions section. Clear labeling around dividend events and notices is a highlight of the design concept. No actual brokerage usage or transaction is asserted.
demo_ms5_029_1928
Mobile Navigation ΓÇö Test Scenario 029
For a five-star sentiment fixture, small-screen menus and responsive spacing the design concept prioritizes readability and logical navigation. No real account, trade, or customer experience is claimed.
demo_ms5_002_6304
Watchlist Layout ΓÇö Test Scenario 002
For a positive interface test case, watchlist cards and asset labels the interface concept has strong information hierarchy. This is demo content, not verified customer feedback.
ticker_data_50786
Excellent Dividend Information ΓÇö Demo 203
For interface testing, the corporate actions section stands out as easy to understand. Clear labeling around dividend events and notices is a highlight of the design concept. This is simulated copy, not a report from a customer.
market_finance_13916
Excellent Chart Layout ΓÇö Demo 002
The mockup assessment finds the chart workspace especially intuitive and well presented. Clear labeling around timeframes and indicators is a highlight of the design concept. It does not describe verified service performance.
insight_data_83741
Excellent Content Discoverability ΓÇö Demo 145
For interface testing, the website navigation stands out as easy to understand. The treatment of finding key information quickly makes this a strong example of readable financial UI. It does not describe verified service performance.
stock_folio_86257
Excellent Funding Guides ΓÇö Demo 144
This synthetic positive review praises the clarity of the funding information pages. The emphasis on deposit and withdrawal instructions supports a smoother informational experience. This note is for demo interface and sentiment testing only.
market_invest_65706
Excellent Support Navigation ΓÇö Demo 130
For interface testing, the help center stands out as easy to understand. The treatment of contact routes and FAQ topics makes this a strong example of readable financial UI. It does not describe verified service performance.
demo_ms5_103_7951
Chart Controls ΓÇö Test Scenario 103
This sample five-star assessment highlights chart toolbar and timeframe controls the interface concept has strong information hierarchy. No real account, trade, or customer experience is claimed.
insight_data_17040
Excellent Account Comparison ΓÇö Demo 039
This fictional usability example highlights a particularly clear account information. The emphasis on account options and eligibility supports a smoother informational experience. This note is for demo interface and sentiment testing only.
stock_insight_15852
Excellent Portfolio Overview ΓÇö Demo 073
This fictional usability example highlights a particularly clear portfolio dashboard. The treatment of holdings and allocation visuals makes this a strong example of readable financial UI. It does not describe verified service performance.
insight_data_22001
Needs Improvement Portfolio Overview ΓÇö Demo 013
The proposed portfolio dashboard needs a more straightforward presentation. The design should prioritize explanations of holdings and allocation visuals instead of relying on assumptions. It does not describe verified service performance.
demo_ms5_087_5479
Fee Disclosures ΓÇö Test Scenario 087
In a hypothetical design walkthrough, fee table arrangement and terminology the interface concept has strong information hierarchy. This is demo content, not verified customer feedback.
analyst_trade_59951
Needs Improvement Document Accessibility ΓÇö Demo 016
The fictional user scenario struggles with the organization of the legal documents page. The design should prioritize explanations of policy links and document grouping instead of relying on assumptions. No actual brokerage usage or transaction is asserted.
chart_chart_83332
Excellent Research Pages ΓÇö Demo 191
The mockup assessment finds the research section especially intuitive and well presented. Clear labeling around reports and supporting sources is a highlight of the design concept. This note is for demo interface and sentiment testing only.
pulse_equity_44022
Excellent Interface Consistency ΓÇö Demo 060
The mockup assessment finds the overall platform interface especially intuitive and well presented. The emphasis on layout patterns and visual hierarchy supports a smoother informational experience. This is simulated copy, not a report from a customer.
folio_signal_88772
Excellent Risk Disclosures ΓÇö Demo 098
As a five-star test scenario, the risk information has an excellent information hierarchy. Clear labeling around warnings and product-specific explanations is a highlight of the design concept. It does not describe verified service performance.
signal_stock_54116
Excellent Responsive Spacing ΓÇö Demo 169
For interface testing, the mobile page layout stands out as easy to understand. The treatment of readability and touch target sizes makes this a strong example of readable financial UI. It does not describe verified service performance.
index_trade_38676
Poor Portfolio Overview ΓÇö Demo 043
The fictional user cannot confidently understand the proposed portfolio dashboard. The scenario requires clear, prominent explanations of holdings and allocation visuals before it is usable. This note is for demo interface and sentiment testing only.