Forex trading is one of, if not, the biggest and reliable financial market all over the world. It enables traders to trade their currencies for any other currencies from anywhere in the world as it can be done from the seat of their home through the computers or smartphones. In the eyes of the law, Malaysia deems forex trading legal as long as traders are holding a registered license from a regulated broker and approved by the Bank Negara. Although it may sound easy to get into the world of the financial market as long as you follow the regulations, some traders have a talent for trading and rise to the top as successful and respectable forex traders. So, who are these successful forex traders in Malaysia? This article will refer to Broker Xplorer to determine the most successful traders in Malaysia.
Starting from third place, SufianSaid was established in 2016 from Brunei and shares the same name as its owner, Sufian Said. He has become one of the top of Malaysia’s financial market garnering almost 300 followers and achieving over 1000 likes in TradingView as of October 2020. SufianSaid mainly focuses on foreign currencies by allocating 75% of its shares on the foreign market which makes him one of Malaysia’s most experienced traders although there isn’t much known about him. He regularly offers his advices about trading through his LinkedIn profile.
In second place, Rayn Lim is a Singaporean trader that has been active since 2017 that most Malaysian traders look up to due to how close he is to Malaysia despite operating in Singapore. With 98% of his attention on foreign exchange, he has been listed as one of the most experienced forex traders that dabbles in multiple pairs such as EUR/USD, USD/CAD and EUR/JPY. He is also well-known for helping other traders about the financial market by teaching them the signs of bullish, bearish and shark setups which is his specialty. He received a certificate for Harmonic Patterns Teaching Coach which qualifies Rayn Lim as a professional consultant for traders who requires his assistance in specific issues.
And finally in first place, we have Oma Ally as the most successful trader in Malaysia. He is well-known as the inventor of the Bolinger Bands and Moving Average, or BBAM, method to analyze and predict the market which is widely used by traders around Malaysia due to its high accuracy, quick floating times and various entries. He has a class for new traders who want to learn more about BBAM to attend as a paid service, but due to his reputation it is always full. He even has his own community in Telegram called BBMA OA which consists of members from Malaysia, Brunei and Indonesia consisting of thousands of members.
With all that being said, these experienced and talented forex traders are what helped Malaysian traders and traders from neighbouring countries to grow and develop into independent traders which also allows them to compete against other forex traders.
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