Our list of the best Malaysian forex trading platforms is:

  • FP Markets - Best Forex Broker In Malaysia Overall
  • IC Markets - Lowest Spread Forex Broker
  • Pepperstone - Great MT4 Forex Broker
  • ThinkMarkets - Top Forex Broker For Islamic Trading
  • FxPro - Good cTrader Forex Broker
  • CMC Markets - Best Range of Currency Pairs
  • IG Group - Great Range of Markets to Trade CFDs
  • FXTM - Highest Leverage CFD Broker
  • eToro - Most Advanced Social And Copy Trading
  • Eightcap - Top Platform For Trading Crypto And Forex
Broker Review Our Rating Regulation Standard
EUR/USD
Spread
Standard
GBP/USD
Spread
Standard
AUD/USD
Spread
Raw
EUR/USD
Spread
Raw
GBP/USD
Spread
Raw
AUD/USD
Spread
Commissions
(USD Base)
MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage Visit Broker
80 ASIC,CySEC
FSCA,FSA-S,FSC-M
1.1 1.3 1.3 0.10 0.20 0.20 $3.00 225ms $100 70+ 10+ 30:1 500:1 Visit Site
85 ASIC, FSA-S
CySEC
0.62 0.83 0.77 0.02 0.23 0.17 $3.50 134ms $0 61+ 18+ 30:1 500:1 Visit Site
98 SCB, ASIC
FCA, CySEC
1.10 1.40 1.20 0.10 0.40 0.20 $3.50 77ms $0 62+ 12+ 30:1 500:1 Visit Site
68 FCA, FSCA
ASIC, FSA-S, CySEC
1.1 1.3 1.1 0.1 0.3 0.2 $3.50 161ms $0 46+ 21+ 30:1 500:1 Visit Site
61 FCA, FSCA
CySEC, SCB, FSCM
1.32 1.7 1.95 0.32 0.37 0.51 $3.50 151ms $0 69+ 30+ 30:1 200:1 Visit Site
69 ASIC, MAS, FCA
CIRO, FMA, BaFin
1.12 1.30 1.64 0.5 0.9 0.6 $2.50 138ms $0 338+ 19+ 30:1 500:1 Visit Site
71 ASIC, FCA, BaFin
FINMA, NFA/CFTC, MAS
CySEC, DFSA, FMA
JFSA, BMA, FSCA
1.13 1.66 1.01 0.16 0.59 0.29 $6.00 174ms $450 100+ 12+ 30:1 200:1 Visit Site
62 FCA, FSCA, CySEC
FSCM, CMA
1.9 2 2 0.0 0.0 0.5 $2.00 160ms $500 63+ - 30:1 300:1 Visit Site
43 ASIC, CySEC, MFSA
FCA, FSA, FINRA
GFSC
1.0 2.0 1.0 - - - - 130ms $200 (Australia), $50-$100 (EU) 49+ 46+ 30:1 400:1 Visit Site
75 FCA,ASIC,
CySEC,SCB
1.0 1.0 1.2 0.06 0.73 0.27 $3.50 143ms $100 40+ 250+ 30:1 500:1 Visit Site

1. FP Markets BEST FOREX BROKER IN MALAYSIA

FP Markets

Forex Panel Score

80

Average Spread

EUR/USD = 1.1
GBP/USD = 1.3
AUD/USD = 1.3

Trading Platforms

MT4, MT5, cTrader, TradingView

Minimum Deposit

$100

Why We Recommend FP Markets

We recommend FP Markets for their tight spreads which average 1.1 pips for EUR/USD, unrestricted trading via the  MT4, MT5, cTrader and TradingView trading platforms, their wide range of trading instruments and huge choice of funding options. We also appreciated social and copy trading access via MyFXBook and the FP Markets trading app.

Pros & Cons

  • MT4, MT5, cTrader and TradingView platforms
  • Leverage 500:1
  • ECN pricing and the lowest spreads
  • Social Trading with FP Markets Social and Myfxbook
  • Over 33 funding options, including crypto
  • Lacks specialised automation tools
  • Could offer more third-party tools
  • Average educational resources

Broker Details

FP Markets Has MT4 and MT5 

FP Markets is an award-winning forex broker regulated by ASIC and CySEC offering the best forex platforms, fast execution, and the lowest fees. When Malaysian traders sign up, they automatically join the FP Markets global entity operated by First Prudential Markets LLC. You can compare in the calculator below the top regulated foreign currency brokers fees which include both commissions and spreads.

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The broker incurs low fees through ECN execution in which pricing is transparent. Since FP Markets is not a market maker, the broker doesn’t offer a deposit bonus, just the lowest fees of the Malaysian top forex brokers.

FP Markets offers a choice of two trading platform options and each comes with a trading account specifically for the platform.

FP Markets Trading Platforms

FP Markets offers two main trading platforms by MetaQuotes, the MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader and TradingView.

FP Markets Trading platforms

MetaTrader 4

It is considered by many in the trading community to be the gold standard for trading platforms. This can partially be explained by the fact MT4 is free to use which has allowed a large number of traders to access it easily. Because of this, MT4 has become the trading platform used by more traders than any other. It also has a reputation for its excellent and consistent performance.

MT4 appeals to all Malay traders as it offers a clean and easy-to-use interface, which is great for beginner traders. It can likewise be customised to meet the needs of advanced users who may desire more sophisticated details.

MT4 offers:

  • 3 different chart types
  • 9 times frames
  • 24 analytical or graphical objects
  • Over 50+ Technical indicators
  • 3 trade execution modes –  instance, on request, by market
  • 4 Pending order types
  • Expert Advisors (EAs)
  • Compatible with Windows, Android, Mac, and iOS.

MT4 Features FP Markets

MetaTrader 5

MT5 is an upgrade of MT4, having all the features you can find in MT4 and more.

With MT5, you will have access to

  • Ability to view up to 100 charts with 21 timeframes
  • 80 Indicators
  • 2 account modes – netting and hedging
  • 6 pending order types
  • 4 execution modes
  • 64-bit, multithreaded processing
  • Compatible with Linux (plus Windows, Android, iOS, macOS)
  • Depth of Market

MetaTrader 5 is designed to work with CFDs regardless of whether there is a central exchange or not for the derivative. This makes it great for share trading.

FP Markets MT5

Trading Accounts

The trading account you use will depend on the trading platform you are using.

If you are using MT4 or MT5, then you can choose the Standard or Raw account. The standard account which charges no commission is great for beginner traders making your trading cost simple. Standard account spreads average 1.1 pip for EUR/USD.  If you are looking to save on spread costs, the RAW account averages 0.1 pips for EUR/USD and your commission costs will be $3.0 for each standard lot sideways or $6.0 round-turn.

Malaysians trading with FP Markets will have access to leverage of 500:1.

FP Markets account types malaysia overview

Broker Screenshots

2. IC Markets LOWEST SPREAD FOREX BROKER IN MALAYSIA

IC Markets

Forex Panel Score

85

Average Spread

EUR/USD = 0.62
GBP/USD = 0.83
AUD/USD = 0.77

Trading Platforms

MT4, MT5, cTrader, TradingView

Minimum Deposit

$200

Why We Recommend IC Markets

We recommend IC Markets for its top-tier trading environment that offers tight spreads, due to deep liquidity all via MT4, MT5, cTrader and TradingView trading platforms. According to IC Markets, they average 0.02 pips for the EUR/USD with their RAW Spread account which is very impressive. We did our own spreads testing and found the broker really does have the lowest spreads in the industry.

Pros & Cons

  • Best spreads with Raw and Standard accounts
  • Leverage of 1000:1 with negative balance protection
  • Trading platforms MT4, MT5 and cTrader on desktop or mobile
  • Choice of commission-based or spread-only trading
  • Social trading with ZuluTrade and IC Markets app and Signals
  • No crypto account funding option
  • Swap-free account charges an administration fee
  • No Autochartist or Trading Central

Broker Details

IC Markets Gives Access To Tight Spreads And Low Trading Costs

IC Markets is one of the most popular FX brokers in the broader Pacific region, offering access to over 60 currency pairs as well as a range of Contracts for Different (CFDs). The low-fee broker’s Raw Spread and cTrader accounts charge flat-rate commissions lower than most top forex brokers while giving clients access to average EUR/USD spreads of 0.02 pips.

.When trading with IC Markets Raw Account, a standard commission fee of $3.50 USD is applied to each lot of 100,000 units. As a result, IC Markets is an excellent platform for high-volume Forex traders, Expert Advisors (EAs), and scalpers.

In addition to low trading fees, the top broker charges minimal trading fees that keep costs down. No fees are incurred for deposits and withdrawals, while traders can leave their trading account idle for any length of time and avoid inactivity fees.

IC Markets account types malaysia overview

Spreads with IC Markets RAW accounts are some of the tightest you can find due to their STP. This is because IC Markets use ECN pricing and are not market makers. Instead of the broker widening the spread, IC Markets charges a commission. Commission trading is usually cheaper than spread-only trading when it comes to forex.

IC Markets Raw Account Spreads
0.02 0.23 0.27 0.85 0.17
0.10 0.30 0.30 1.40 0.20
0.10 0.60 0.40 2.40 0.20
0.20 0.50 0.40 1.50 0.20
0.17 0.59 0.54 N/A 0.30
0.20 0.60 0.50 10.00 0.40
0.10 0.60 0.60 1.30 0.50
n/a 0.20 0.60 3.10 0.50
0.44 0.85 0.40 1.30 0.42

Avg. spreads are taken from each broker's website and updated monthly. Last update on 05/01/2024

Why Trade Forex With IC Markets?

As a Malaysian trader, you will sign up with IC Markets (SC) which is the trading name of True ECN Trading Ltd and includes FSA (Seychelles Financial Services Authority) regulation.

As an international broker that also has tier-1 regulators in other parts of the world such as ASIC and CySEC, IC Markets can be seen as a trusted broker amongst the international retail investor community.

Traders using IC Markets to facilitate their FX transactions gain access to some of the most competitive spreads available to retail traders. When trading in IC Markets’ ECN-like environment, clients can place orders on forex pairs with spreads as low as 0.0 pips with very low trading and non-trading fees. For Malaysian retail investors wanting to gain access to institutional-grade pricing with NDD interference, IC Markets is an excellent top forex broker.

Broker Screenshots

3. Pepperstone TOP METATRADER 4 FOREX BROKER

Pepperstone

Forex Panel Score

98

Average Spread

EUR/USD = 1.12
GBP/USD = 1.69
AUD/USD = 1.22

Trading Platforms

MT4, MT5, cTrader, TradingView

Minimum Deposit

$0

Why We Recommend Pepperstone

We think Pepperstone has a top range of trading platforms including TradingView, cTrader, and MetaTrader 5, but they top the list for the best MetaTrader 4 forex broker. We are impressed with their limit order execution speed of 77ms.

Pros & Cons

  • The best order execution speed
  • Leverage of 200:1 for Forex with negative balance protection
  • Tight spreads for Standard and Raw accounts
  • MT4, MT5, cTrader and TradingView Platforms
  • Good 3rd party tools – Capitalise.ai, Myfxbook, DupliTrade, Signals
  • Solid but not exceptional educational tools
  • Swap-Free account has an admin fee every 10th overnight
  • The commission per side is $3.50 USD for the Razor Account

Broker Details

Pepperstone Excellent Trading Tools With MT4

For investors wanting to trade forex and CFDs on MetaTrader 4, Pepperstone is a tried and tested FX broker offering tight spreads and a range of trading tools available. The regulated broker is seen as trusted thanks to oversight from multiple authorities, including ASIC, the FCA, and DFSA. Malaysian traders will sign up with Pepperstone Markets Limited which is regulated by SCB (Securities Commission of The Bahamas).

With Expert Advisor functionality and advanced analysis tools, Pepperstone clients can develop and execute complex trading strategies that include major, minor, and exotic currency pairs, as well as a range of CFDs.

MetaTrader 4 And Trading Tools With Pepperstone

MetaTrader 4 (MT4), provides traders with a highly customisable interface where advanced analysis can be easily conducted. The gold standard of forex trading platforms since its initial release by MetaQuotes in 2005, MT4 allows retail investors to access institutional-grade research and analysis tools within an intuitive interface. To assist with market analysis, MetaTrader 4 has built-in Autochartist features that include:

  • Market scanner with probability filters
  • Technical Indicators such as Wedges, Triangles and Tops and Bottoms
  • Risk calculator based on backtesting
  • Volatility Analysis to set stop-loss and take profit levels

MetaTrader 4 is available as a desktop platform (Mac and Windows), WebTrader app, or mobile trading app. Mobile apps are compatible with both iOS and Android, ensuring traders can stay up to date at any time and place orders on the go.

Pepperstone Trading Platforms

ECN-Style Spreads + Low Fees

When trading CFDs and forex with Pepperstone on MetaTrader 4, clients can choose from two account types. The Razor Account provides traders with ECN-like spreads with an average of 0.1 pips and a flat rate commission fee attached to orders.

If customers are new to forex and prefer a simpler pricing structure, a Standard Account is a great option as it includes commission fees in the spreads, that average 0.62 pips for the EUR/USD currency pair.

pepperstone account types brief malaysia

The reasons why Pepperstone can offer traders using the Raw Account type an ECN-like environment are due to the brokers’ partnership with Equinix, No Dealing Desk (NDD) execution, and top-tier liquidity providers. Equinix’s data centre services buy and sell firms as well as institutions dealing in a range of assets such as stocks and derivatives. The proximity of Equinix’s servers to major players in the financial industry allows retail traders to access liquidity pools that were traditionally only offered to institutional investors and therefore better pricing.

Broker Screenshots

4. ThinkMarkets GREAT FOREX BROKER FOR ISLAMIC TRADING

ThinkMarkets

Forex Panel Score

70

Average Spread

EUR/USD = 1.1
GBP/USD = 1.3
AUD/USD = 1.1

Trading Platforms

MT4, MT5, ThinkTrader

Minimum Deposit

$0

Why We Recommend ThinkMarkets

We recommend ThinkMarkets for traders in need of a true swap-free account. Unlike other brokers, ThinkMarkets charges neither overnight interest nor an administration fee, making the swap-free account sharia compliant. Trading is via MetaTrader 4, MetaTrader 5 and their ThinkTrader app.

Pros & Cons

  • Tight spreads for Standard and Raw accounts
  • MT4 and MT5 trading platforms
  • ThinkTrader Mobile App that integrates with MT4 network for copy trading
  • Leverage of 500:1 for Forex
  • Limited range of trading products available
  • ThinkZero Raw Trading account has a $500 minimum deposit
  • Don’t publish their average spreads (potential lack of transparency)

Broker Details

ThinkMarkets Offers Swap-Free Trading

ThinkMarkets offers a commission-free Islamic Account Type for Muslim clients wanting to trade forex and CFDs. Commonly known as No Swap or Swap-Free Accounts, Islamic accounts comply with Sharia Law by not charging swaps or interest for overnight or rolling costs.

Swap Free ThinkMarkets

In place of swap fees, ThinkMarkets charges a weekly administrative fee if you hold your position for 7 days or greater. There are no fees for the first 6 days you hold your position. After 7 days, charges are made in 7-day increments with the following administrative fees per day:

ThinkMarkets Islamic Account

When choosing an Islamic Account, you have the option of a Standard account or a ThinkZero account. Conditions for these accounts are the same minus swap fees.

The Standard account has no commission and requires no opening balance. The ThinkZero account has commissions of $3.5 per side for each standard lot ($7.00 round-turn) but unlike the Standard account, there is a minimum $500 deposit.

ThinkMarkets Accounts

 

5. FxPro GOOD CTRADER FOREX BROKER

FxPro

Forex Panel Score

61

Average Spread

EUR/USD = 1.32
GBP/USD = 1.7
AUD/USD = 1.95

Trading Platforms

MT4, MT5, cTrader, FxPro Trading Platform

Minimum Deposit

$100

Why We Recommend FxPro

We recommend FxPro for its sophisticated trading environment suitable for advanced technical and algorithmic traders. High leverage of 2000:1 combined with near-instant execution according to the broker’s slippage stats make it an excellent choice for high-volume traders.

Pros & Cons

  • MT4, MT5, cTrader and FxPro Platforms
  • Fixed spread with instant execution available with their standard account
  • Leverage up to 1:2000 (dynamic)
  • Over 70 currency pairs
  • High minimum deposits for Pro, RAW+ and Elite accounts
  • Swap free account uses a 3-night grace period before applying swaps
  • Charges an inactivity fee

Broker Details

FxPro Has Advanced Trading Tools And Fast Execution With cTrader

FxPro cTrader provides traders with a professional trading environment where they can enjoy ECN-style pricing, advanced trading tools, and ultra-fast execution. cTrader users can enjoy a user-friendly interface with a range of advanced technical analysis tools with over 50 different indicators. For those wanting to automate their trading, FxPro offers cTrader Automate, an advanced algorithmic coding application. Traders can build customised trading robots and indicators using the C# language and backtest algorithmic strategies against historical market data.

FxPro cTrader Platform

FxPro cTrader Commission Fees And Order Types

When using cTrader, FxPro customers incur a commission fee of USD $3.50 per 100k traded. To manage the high risk of forex trading, FxPro clients can utilise a range of order types to assist in minimising losses. A Market Order executes a buy or sell order at the current market price while Pending Orders include Stop Orders, Stop Loss, Limit Orders, and Take Profit.

FxPro Order Types

6. CMC Markets BEST RANGE OF CURRENCY PAIRS

CMC Markets

Forex Panel Score

69

Average Spread

EUR/USD = 1.12
GBP/USD = 1.3
AUD/USD = 1.64

Trading Platforms

MT4, CMC NGEN

Minimum Deposit

$0

Why We Recommend CMC Markets

One of the world’s most popular forex brokers, we recommend CMC Markets for its 330 currency pairs which is far more than any broker offers. The FX Active account has commissions of just $2.50 and their award-winning proprietary trading platform also appeal.

Pros & Cons

  • 330 currency pairs available to trade
  • FX Active account has a commission of just USD $2.5 (0.0025%) each way
  • CMC NGEN trading platform includes guaranteed stop loss
  • Does not support automated trading (but can use EAs with MT4)
  • Lacks social trading and 3 party tools
  • Monetary Authority Singapore (MAS) limits leverage for 1:20 Forex

Broker Details

CMC Markets’ Range Of Shares And Forex Are Impressive

For those wanting to trade forex and shares, CMC Markets is a strong candidate owing to its market access to 300 major, minor, and exotic currency pairs plus over 9400 ETFs and Shares.

Global Market Access

To start trading, prospective customers can register with CMC Markets through a CFD account. Spreads are as low as 0.7 pips with no commission (except for Share CFDs). No minimum deposit is required to start trading CMC Markets’ 9,500+ products. Traders execute orders on financial instruments ranging over 6 asset classes, including:

  • 338 Currency Pairs
  • 9,000+ ETFs and Shares
  • 82+ Indices
  • 11 Cryptocurrencies
  • 124 Commodities

The range of financial markets offered and forex trades available are the leading reasons Malaysian forex traders choose the provider.

CMC Markets Forex Spreads
Trading Platforms And Risk Management Tools

With CMC’s CMC Markets Imageryautomated trade execution and risk management tools, traders can more easily profit from the Forex market while keeping their risk levels in check. CMC Markets’ global market offering is available to trade via the broker’s proprietary platform, Next Generation or MetaTrader 4.

For those new to CFD and currency trading, the Standard version of Next Generation is a suitable option. The Advanced trading platform is designed for experienced investors. In-built analysis tools include the following:

  • 115 drawing tools and technical indicators
  • 12 chart types
  • 70 chart patterns

CMC Markets Trading Platform Differences

7. IG Group TOP RANGE OF MARKETS TO TRADE CFDS

IG Group

Forex Panel Score

71

Average Spread

EUR/USD = 1.13
GBP/USD = 1.66
AUD/USD = 1.01

Trading Platforms

MT4, IG Trading Platform, L2 Dealer, ProRealTime

Minimum Deposit

$0

Why We Recommend IG Group

One of the oldest brokers in the world, we recommend IG for the peace of mind that comes from working with an established institution. The extensive selection of trading products and top-notch educational tools don’t hurt, either.

Pros & Cons

  • 17,000+ Products, the largest of all brokers
  • IG Trading Platform, MT4 and L2 Dealer trading platforms
  • Good selection of trading platforms, including solid proprietary web trader
  • Low Leverage – only 1:200
  • Market maker so orders may have rejections
  • Lacks a swap-free account option for Islamic traders

Broker Details

IG Markets Offers A Wide Scope Of Products For Trading

Established in 1974, IG is a Forex broker with ample experience in the marketplace and a strong history of strong customer support. With over 15,000 underlying assets for traders to choose from, IG offers excellent trading versatility. These assets include Forex currency pairs as well as a diverse range of Contracts for Difference (CFDs).

Range Of Markets

  • Share CFDs (over 12,000 instruments with DMA)
  • Forex
  • Indices
  • Cryptocurrencies
  • Bonds
  • Commodities
  • ETFs
  • Options
  • Interest Rates
  • Sectors
  • Knock-out Options

IG Markets Trading Share CFDs

 

Account Types

IG Markets clients can trade forex and CFDs via an Over The Counter (OTC) account, or a Direct Market Access (DMA) Forex Direct Account. When trading forex through an OTC Account, there are no commission fees, while a DMA account charges a $10 commission fee per $1 million traded. To trade with IG you can choose from 4 trading platforms – MT4, IG Trading Platform, ProRealTime and L2 Dealer.

IG Markets Account Types Malaysia

To open a demo account with IG Markets, prospective clients are required to sign up for an OTC account.

8. FXTM THE HIGHEST LEVERAGE CFD BROKER

FXTM

Forex Panel Score

62

Average Spread

EUR/USD = 1.9
GBP/USD = 2
AUD/USD = 2

Trading Platforms

MT4, MT5

Minimum Deposit

$10

Why We Recommend FXTM

We recommend FXTM for its considerable 2000:1 leverage, which the broker offers to all traders regardless of account type. This broker also makes trading forex cost-efficient with low commissions.

Pros & Cons

  • Leverage of up to 2000:1 available
  • Micro account option
  • Ultra-low commissions when trading forex
  • High minimum deposit requirement
  • Wider than average spreads
  • Charges a withdrawal fee

Broker Details

FXTM Offers Leverage Up To 1000:1 On Forex Pairs

FXTM (ForexTime) is a top forex broker offering leverage that is significantly higher than its competitors. Although the broker offers a range of account types, to access the high maximum leverage traders are required to sign up to a Standard, ECN Zero, or ECN account type.

A Standard account offers average spreads of 1.9 pips EUR/USD that include commission in the spread, while an ECN account gives traders access to ECN-like spreads starting from 0.0 pips with a commission fee of $2 per lot sideways. When trading forex through these account types, FXTM clients can leverage positions up to 1000:1 on major currency pairs, 500:1 on minor currency pairs, and 200:1 on exotic currency pairs.

ForexTime Leverage

9. eToro THE MOST ADVANCED SOCIAL TRADING PLATFORM

eToro

Forex Panel Score

43

Average Spread

EUR/USD = 1
GBP/USD = 2
AUD/USD = 1

Trading Platforms

eToro Trading Platform

Minimum Deposit

$50

Why We Recommend eToro

We recommend eToro for its commitment to an accessible trading experience, regardless of skill level. Known for its social and copy trading tools, the broker also offers a simplified account and pricing structure to make it easy for new traders to get up and running.

Pros & Cons

  • Social and copy trading tools unique to the platform
  • Excellent selection of cryptos to trade
  • Straightforward pricing structure
  • Limited account types and trading platforms
  • Lacks trading tools for advanced strategies
  • Higher trading costs than comparable brokers

Broker Details

eToro Has A Great Social Network With Unique Tools For Copy Trading

With millions of traders from over 140+ countries around the world, eToro is the best copy trading broker offering an established social network. The network allows eToro clients to follow and copy trading strategies of experienced investors (‘Popular Investors’) that match their desired risk level.

To find a Popular Investor that has similar trading objectives, users can view their trading history and assess the investors’ past performance and behaviour. When copying the strategies of popular investors, traders are not limited to Forex markets. eToro clients can follow different strategies based on a range of asset classes including shares, commodities, ETFs (Exchange-Traded Funds), and indices.
eToro Top Trader Copyportfolio

CopyPortfolios

By following a single Popular Investors’ strategy, eToro traders can invest in two different types of ‘CopyPortfolios’ aimed to reduce risk through diversification.

  • Market CopyPortfolio: a bundle of asset classes and instruments based on a specific trading strategy (consists of shares, ETFs, forex, commodities, and indices).
  • Top Trader CopyPortfoilo: a combination of strategies designed by eToro’s best-performing long-term traders (focuses on stock trading).

Although funds can be withdrawn from CopyPortfolios at any time, the asset bundles are medium to long-term investments and should be held for longer periods than standard forex or CFD orders. The minimum initial deposit required to invest in CopyPortfolios is $5000, yet unlike many other top brokers’ portfolio management services, eToro charges no management fees.

10. Eightcap Best Platform For Trading Crypto

Eightcap

Forex Panel Score

75

Average Spread

EUR/USD = 1
GBP/USD = 1
AUD/USD = 1.2

Trading Platforms

MT4, MT5, TradingView, Capitalise.ai

Minimum Deposit

$100

Why We Recommend Eightcap

We recommend Eightcap because of their new trading tool Cryptocrusher which is designed to improve your crypto trading experience with precise entry, target and stop levels, market trend analysis and exclusive indicators.

Pros & Cons

  • Tight spreads
  • Extensive crypto offering
  • Automated trading tools
  • Limited range of trading tools
  • Lacks 24/7 client support
  • No copy trading tools

Broker Details

With 95 cryptos available on MetaTrader 5 and TradingView and 79 on MetaTrader 4, Eightcap by far has the largest range of crypto for trading. The table below compares the range of crypto other brokers offer. So if you want to trade Bitcoin, Ethereum or less-known crypto like NEO or UNiSwap, Eightcap is the best choice.

TRADING PLATFORMS AND PLUGINS

Eightcap offers MetaTrader 4, MetaTrader 5 and TradingView trading platforms, With over 15+ chart types, 400+ indicators (plus countless public-built indications) and, 110 drawing tools we can agree that TradingView is the best choice if you want trading analysis tools.

eightcap account types products malaysia