Best Forex Brokers in Malaysia

Here Are The Best Forex Brokers For Malaysian Traders

  • eightcap logo Eightcap – Overall Best Forex Broker
  • pepperstone logo Pepperstone – Best Forex Broker For No Commission
  • IC Markets IC Markets – Good Forex Broker For MT4
  • FP Markets Logo FP Markets – Top Low Spread Forex Broker
  • AvaTrade Logo 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
8.50
9.17
8.50
8
8.33
Eightcap don't provide % of clients who lose money
76.6% 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
FP Markets don't provide % of clients who lose money
79% of retail investor accounts lose money when trading CFDs with this provider

Regulations and Licenses

Feature
Eightcap
Pepperstone
IC Markets
FP Markets
AvaTrade
ASIC (Australia)
FCA (UK)
Central Bank of Ireland
FSCA (South Africa)
Pending
CYSEC (Cypus)
IIROC (Canada)
Dubai (DFSA)
Abu Dhabi (ADGM) Regulated
BaFin (Germany)

Brokerage

Feature
Eightcap
Pepperstone
IC Markets
FP Markets
AvaTrade
EUR/USD Avg. Raw Spread
0.06
0.09
0.1
0.01
GBP/USD Avg. Raw Spread
0.73
0.38
0.4
0.2
AUD/USD Avg. Raw Spread
0.27
0.17
0.2
0.2
EUR/USD Standard Spread
1.06
0.69
1.1
1.2
1.30 Retail
0.90 Professional
EUR/USD Fixed Spreads
0.9
Commissions (USD Base)
$3.50
AUD/USD$3.50
$3.50
SGD 4.50
USD $3.00
Commission Rebates
Minimum Deposit
$100
No Minimum
No Minimum
$100
USD $100
Swap Free Account
No Inactivity Fees
Funding Methods
8
16
15
8
7
No Funding Fees

Markets and Instruments

Feature
Eightcap
Pepperstone
IC Markets
FP Markets
AvaTrade
Currency Pairs
39+
66+
65+
61+
55+
Cryptocurrency CFDs
250+
12
10+
5+
15+
Index CFDs
10+
14+
16+
14+
33+
Share CFDs
400+
300+
100+
12,986+
625+
Commodities CFD
3+
4+
19+
4+
30+
Stockbroking
Retail Max. Leverage
30:1 (ASIC)
500:1 (SCB)
30:1 (FCA/ASIC/BaFIN/CySEC/DFSA)
200:1 (Other)
30:1 (Cysec/ASIC)
500:1 (International)
30:1 ASIC
30:1 Europe
500:1 International
30:1 (UK/Europe/Australia)
400:1 (South Africa)
Professional Leverage
500:1
500:1
500:1
500:1
400:1

Trading Platforms + Tools

Feature
Eightcap
Pepperstone
IC Markets
FP Markets
AvaTrade
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
(ASIC)
(Aust/Europe/Dubai only)
(Aust/Europe only)
(Aust/Europe only)
available only where European or ASIC regulation applies
Demo Account
Unique Feature 1
Over 250 Cryptocurrency CFDs
Smart Trader Tools
ECN pricing
Fastest Limit Order Execution Speed
Choice of social trading tools
Unique Feature 2
Capitalise.ai for Automation
Fast Execution Speed
No funding fees
Low spreads
Fixed Spreads

Overall