Top Forex Brokers In Malaysia

Our best forex broker list for Malaysian traders is based on spreads and forex trading platforms.

  • Pepperstone Pepperstone – Best MetaTrader 4 Forex Platform Broker
  • IC Markets IC Markets – Lowest Spread Forex Broker With Low Spreads
  • FP Markets FP Markets – Best Forex Platform For Malaysian Trading
  • think markets logo ThinkMarkets – Top Islamic Trading Account In Malaysia
  • IG IG – Good Range OF CFD and Currency Markets
  • fxtm logo FXTM – Highest Leverage CFD Broker (ForexTime)
  • CMC Markets CMC Markets – Best Share And Forex Trading Platform
  • eToro eToro – Most Advanced Social And Copy Trading

Pepperstone
IC Markets
ThinkMarkets
IG
eToro
Our Rating
9.33
8.50
7.67
6.67
7.17
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider
77% of retail investor accounts lose money when trading CFDs with IC Markets (EU) Ltd
75.5% of retail investor accounts lose money when trading CFDs with this provider
71% of retail investor accounts lose money when
trading spread bets and CFDs with this provider
68% of retail investor accounts lose money when trading CFDs with this provider.

Regulations and Licenses

Feature
Pepperstone
IC Markets
ThinkMarkets
IG
eToro
ASIC (Australia)
CBI (Ireland)
FSA (Seychelles)
Other Regulators

Brokerage

Feature
Pepperstone
IC Markets
ThinkMarkets
IG
eToro
EUR/USD Avg. Raw Spread
0.17
0.02
0.1
0.17
-
GBP/USD Avg. Raw Spread
0.59
0.23
-
0.59
-
AUD/USD Avg. Raw Spread
0.24
0.17
-
0.3
-
EUR/USD Standard Spread
0.75
0.62
-
0.86
3.00
EUR/USD Fixed Spreads
-
-
-
Commissions (USD Base)
$3.50
$3.50
$3.50
-
-
Minimum Deposit
$0
$0
$0
$450
$200
Swap Free Account
No Inactivity Fees
Funding Methods
16+
15+
6+
4+
11+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
IC Markets
ThinkMarkets
IG
eToro
Currency Pairs
62+
61+
46+
100+
49+
Cryptocurrency CFDs*
12+
18+
21+
12+
46+
Index CFDs
14+
16+
21+
34+
13+
Share CFDs
300+
100+
1200+
12000+
2000+
Commodities CFD
9+
26+
15+
35+
33+
Stockbroking
-
-
2000+
Retail Max. Leverage (With offshore regulators)
200:1
500:1
500:1
200:1
400:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations

Trading Platforms + Tools

Feature
Pepperstone
IC Markets
ThinkMarkets
IG
eToro
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account
Unique Feature
Smart Trader Tools
ECN pricing
STP Order Execution
Guaranteed stop loss orders
CopyTrader functionality
for automated trading

Overall