Top 10 Forex Brokers In Malaysia

Our list of the best Malaysian forex trading platforms is:

  • Pepperstone Pepperstone – Best Malaysian Forex Broker In With MT4
  • IC Markets IC Markets – Lowest Spread Forex Broker In Malaysia
  • FP Markets FP Markets – Top Forex Trading Platform In Malaysian
  • think markets logo ThinkMarkets – Best Forex Broker For Islamic Trading (Swap Fre)
  • 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
Smart Trader Tools
No Dealing Desk
STP Order Execution
Guaranteed stop loss orders
CopyTrader functionality
for automated trading

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
0.77
0.62
-
1.13
3.00
EUR/USD Fixed Spreads
-
-
-
Commissions (USD Base)
$3.50
$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
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

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

Overall

Broker Official Site Our Rating Regulation EUR/USD Spread GBP/USD Spread AUD/USD Spread MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
Visit Broker > 9.33 SCG, ASIC
FCA, CySEC
0.17 0.59 0.24 85ms $0 62+ 12+ 30:1 500:1
Visit Broker > 8.50 ASIC, FSA
CySEC
0.02 0.23 0.17 130ms $0 61+ 18+ 30:1 500:1
Visit Broker > 7.67 FCA, FSCA
ASIC,FINMA
0.1 - - 140ms $0 46+ 21+ 30:1 500:1
Visit Broker > 6.67 ASIC, CySEC
FCA,FMA
0.17 0.59 0.3 140ms $450 100+ 12+ 30:1 200:1
Visit Broker > 7.17 ASIC, CySEC
FCA, FSA
- - - 130ms $200 49+ 46+ 30:1 400:1