Malaysian Forex Broker Comparison

The best forex broker list for Malaysian traders is.

  • eightcap logo Eightcap – Overall Best Forex Broker
  • Pepperstone Pepperstone – Best Forex Broker For No Commission
  • IC Markets IC Markets – Good Forex Broker For MT4
  • FP Markets FP Markets – Top Low Spread Forex Broker
  • AvaTrade Avatrade – Great Fixed Spread Forex Broker
  • eToro eToro – Best Forex Broker For Social Trading Platform
  • IG IG Markets – Best Forex Broker For Top Range Products
  • forex.com logo Forex.com – Best Forex Broker For Trading Education
  • FXCM FXCM – Best Trading Execution Speed

Eightcap
Pepperstone
IC Markets
FP Markets
AvaTrade
Our Rating
9.00
9.33
8.50
8.17
8.33
Eightcap don't provide % of clients who lose money
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
The vast majority of retail investor accounts lose money when trading CFDs.
71% of retail investor accounts lose money when trading CFDs with this provider
250 Crypto Products
Smart Trader Tools
No Dealing Desk
Fastest Limit Order Execution Speed
Choice of social trading tools

Regulations and Licenses

Feature
Eightcap
Pepperstone
IC Markets
FP Markets
AvaTrade
ASIC (Australia)
CBI (Ireland)
SCB (Bahamas)
Other Regulators

Brokerage

Feature
Eightcap
Pepperstone
IC Markets
FP Markets
AvaTrade
EUR/USD Avg. Raw Spread
0.06
0.17
0.02
0.20
0.3
GBP/USD Avg. Raw Spread
0.73
0.59
0.23
0.70
0.4
AUD/USD Avg. Raw Spread
0.27
0.24
0.17
0.40
0.5
EUR/USD Standard Spread
1.06
0.77
0.62
1.30
0.90
EUR/USD Fixed Spreads
-
-
0.90
Commissions (USD Base)
$3.50
$3.50
$3.50
$3.00
-
Minimum Deposit
$250 (Raw)
$500 (Standard)
$0
$0
$100
$100
Swap Free Account
No Inactivity Fees
Funding Methods
8+
16+
15+
10+
7+
No Funding Fees

Markets and Instruments

Feature
Eightcap
Pepperstone
IC Markets
FP Markets
AvaTrade
Currency Pairs
40+
62+
61+
63+
55+
Cryptocurrency CFDs*
250+
12+
18+
4+
15+
Index CFDs
10+
14+
16+
14+
33+
Share CFDs
400+
300+
100+
12,986+
625+
Commodities CFD
4+
9+
26+
7+
30+
Stockbroking
-
-
-
Retail Max. Leverage (With offshore regulators)
500:1
200:1
500:1
500:1
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
Eightcap
Pepperstone
IC Markets
FP Markets
AvaTrade
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Eightcap
Pepperstone
IC Markets
FP Markets
AvaTrade
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 > 9.00 ASIC, SCB 0.06 0.73 0.27 115ms $250 (Raw)
$500 (Standard)
40+ 250+ 500:1 500:1
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 > 8.17 ASIC, CySEC 0.20 0.70 0.40 95ms $100 63+ 4+ 30:1 500:1
Visit Broker > 8.33 AISC, FSCA
IIROC, ADGM
0.3 0.4 0.5 160ms $100 55+ 15+ 30:1 400:1