Ringgit hits five-year high against US dollar in holiday trade
The Malaysian ringgit extended its rally, reaching a five-year high against the US dollar, trading in a narrow range of RM4.04-RM4.05.
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Abstract:In 2024, WikiFX successfully held the inaugural SkyLine Guide, a local broker selection event, in Thailand, receiving widespread acclaim in the industry for its professionalism and authority, setting a new benchmark in the forex market. This year, we are excited to hold this prestigious event in Malaysia! Meanwhile, the second selection event in Thailand will proceed as scheduled.

In 2024, WikiFX successfully held the inaugural SkyLine Guide, a local broker selection event, in Thailand, receiving widespread acclaim in the industry for its professionalism and authority, setting a new benchmark in the forex market. This year, we are excited to hold this prestigious event in Malaysia! Meanwhile, the second selection event in Thailand will proceed as scheduled.
As the global forex market flourishes, localized features are becoming a new trend in the investment environment. To create an authoritative and professional list of featured brokers based in Malaysia, we leverage the industry-first WikiFX rating system and deeply integrate local market characteristics. We have meticulously invited over a hundred well-known forex market researchers, seasoned traders, and key opinion leaders in the forex sector to form a professional judging panel. They will conduct a multi-dimensional evaluation of brokers operating in Malaysia based on rigorous and thorough selection criteria, providing users with more accurate and relevant recommendations.
The selection criteria encompass various aspects, including capital strength, regulatory compliance, trading conditions, customer service, and technological innovation. The SkyLine Guide consists of a main list and four sub-lists (Safety and Stability List, Historical Performance List, Trading Experience List, Local Influence List). The ranking of listed brokers is not prioritized, aiming to offer users a comprehensive, objective, and fair list of brokers.
SkyLine Guide will gather an esteemed panel of judges, all of whom have demonstrated exceptional achievements and insights in forex market research, trading practice, and industry influence. They will be invited to join the SkyLine Judge Community. These judges not only represent the elite in Malaysia's forex market but will also leverage their profound professional backgrounds and rich practical experience to lead the SkyLine Judge Community into a new phase of development, shaping a more professional and dynamic community ecosystem.
We firmly believe that through continuous efforts and innovation, the SkyLine Guide will inject new vitality and opportunities into the forex market. We aim to promote healthy industry development and enhance overall service levels through this project.
Stay tuned for updates on the “SkyLine Guide Malaysia” to receive more authoritative and professional information. We look forward to collaborating with forex practitioners and investors to enhance the safety of the forex trading environment!

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

The Malaysian ringgit extended its rally, reaching a five-year high against the US dollar, trading in a narrow range of RM4.04-RM4.05.

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