Online Forex trading in Macao is legal and operates under the supervision of the Monetary Authority of Macao. The Financial System Act establishes that AMCM shall supervise, coordinate and inspect the money, financial and foreign exchange markets as well as credit institutions, financial intermediaries and other financial institutions. Foreign exchange operations can be conducted freely as Macao imposes no foreign exchange control policies, and the Macao Pataca remains freely convertible (1).
The Basic Law of the Macao SAR guarantees that no foreign exchange controls shall be applied in the region. The government formulates monetary and financial policies independently, safeguards the free operation of financial markets and regulates financial institutions in accordance with law. Capital flows freely within, into and out of Macao, while the foreign exchange reserves are managed and controlled by the Macao SAR Government (2).
"No foreign exchange control policies shall be applied in the Macao Special Administrative Region. The Macao Pataca shall be freely convertible. The foreign exchange reserve of the Macao Special Administrative Region shall be managed and controlled by the Government."
The AMCM is responsible for promoting general stability and proper functioning of the financial system, ensuring compliance with legal provisions governing foreign exchange markets and suppressing practices that adversely affect market operations. Financial institutions must obtain proper authorization before conducting foreign exchange business, with banks permitted to trade for their own account or customer accounts in money, financial and foreign exchange market instruments (1).
Source:
https://bo.io.gov.mo/bo/i/93/27/declei32_en.asp
http://www.zlb.gov.cn/2014-06/26/c_126677086_11.htm
Last updated: 15-10-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
