Neex – Securities Commission Warning

What Is This Scam?

Neex is an unregistered and unlicensed financial services entity operating under the commercial name Neex. The entity is engaged in dealing in securities and other capital market activities without proper licensing from a recognized financial regulatory authority. By operating without authorization, Neex exposes consumers to significant financial and legal risk.

Regulatory Warning

Malaysia's Securities Commission has issued a formal alert against Neex, identifying it as an entity carrying on unlicensed capital market activities of dealing in securities. The alert was issued on April 2, 2026, and is published on the Securities Commission's official investor alert list. The Securities Commission is Malaysia's primary regulator responsible for overseeing capital markets and protecting investors. Any entity offering securities or capital market services in Malaysia must be properly licensed and registered with this authority.

Digital Footprint

Neex operates the website neex.com. Domain registration records show that neex.com was registered on August 10, 2000, through Amazon Registrar, Inc., with the registrant located in the United Kingdom. While the domain age itself is not unusually young, the operation of unlicensed financial services from any domain is a serious regulatory violation. The use of a domain registered in the United Kingdom while offering services to Malaysian investors raises additional concerns about jurisdictional oversight and regulatory evasion.

Red Flags

• Unregistered and unlicensed entity offering securities dealing and capital market activities
• Formal warning issued by Malaysia's Securities Commission
• No legitimate regulatory authorization in any jurisdiction
• Operates from a domain registered outside Malaysia, potentially to avoid local regulatory enforcement
• Offers financial products and services without proper licensing or consumer protections
• Investors have no legal recourse or regulatory protection when dealing with this entity

What To Do If You Have Been Contacted

If you have been contacted by Neex or have visited their website, cease all communication and contact immediately. Do not provide personal information, banking details, or investment funds to this entity. If you have already sent money or shared sensitive information, report the incident to Malaysia's Securities Commission through their official channels and file a report with your local law enforcement agency. Contact your bank or financial institution to alert them of potential fraudulent activity on your accounts. Consider monitoring your credit reports and accounts closely for signs of identity theft or unauthorized transactions.