Forex brokers in Malaysia
91 of the 97 brokers we rate will open an account for someone in Malaysia. Not one of them is licensed by a regulator in Malaysia, which is the most important thing on this page.
How this page is builtWe hold each broker's own list of the countries it will not serve, so "accepts you" means "does not exclude you" - not a promise your application will be approved. Local regulation is read from the licences each broker publishes. Both lists are in rating order, and brokers holding no licence at all are left off entirely.
No broker here is licensed in Malaysia
Not one of the 97 brokers we rate holds a licence from a regulator in Malaysia. Every option on this page operates from somewhere else - most commonly Cyprus, Australia, the United Kingdom, Mauritius, Belize or the Seychelles.
That is worth understanding rather than panicking about. It means your client agreement is written under foreign law, a complaint goes to a foreign authority in a foreign language, and local consumer protection does not reach the firm holding your money. It also means the leverage on offer is set by whichever regime the entity sits in, which is why traders in countries without a local regime are routinely offered 1:500 and more.
The practical response is to look harder at the regulator behind each broker than a reader in London or Sydney would need to. A tier-one licence held somewhere else is worth considerably more than an offshore registration held nowhere in particular, and the difference is visible in the badges beside each broker below.
Every broker that accepts clients in Malaysia
91 brokers, in rating order. All of them operate from outside Malaysia.
IC MarketsASICCySEC+39.5/10Get startedFind out more
TabTradeFSC (Mauritius)9.3/10Get startedFind out more
AvaTradeCentral Bank of IrelandASIC+89.2/10Get startedFind out more
XMCySECASIC+39.1/10Get startedFind out more
FxProFCACySEC+39.1/10Get startedFind out more
Markets.comCySECFSCA (South Africa)9.0/10Get startedFind out more
Plus500FCAASIC+138.9/10Get startedFind out more
AdmiralsFCACySEC+68.9/10Get startedFind out more
eToroFCACySEC+58.8/10Get startedFind out more
EightcapASICFCA+48.7/10Get startedFind out more
easyMarketsCySECASIC+38.6/10Get startedFind out more
MultiBank GroupASICMAS+68.5/10Get startedFind out more
HF MarketsFCACySEC+58.5/10Get startedFind out more
FXTMFSC (Mauritius)FSCA (South Africa)+18.3/10Get startedFind out more
GO MarketsASICCySEC+18.3/10Get startedFind out more
ThinkMarketsASICFCA+78.2/10Get startedFind out more
CMC MarketsFCAASIC+58.0/10Get startedFind out more
IGFCAASIC+88.0/10Get startedFind out more
Saxo BankFSA (Denmark)FCA+78.0/10Get startedFind out more
FXOpenFCACySEC7.9/10Get startedFind out more
FP MarketsASICCySEC+47.9/10Get startedFind out more
Moneta MarketsFCAFSCA (South Africa)+27.8/10Get startedFind out more
LibertexCySECBaFin7.8/10Get startedFind out more
IronFXASICFSC (BVI)+17.8/10Get startedFind out more
AxiASICFCA+27.8/10Get startedFind out more
TickmillFCACySEC+37.8/10Get startedFind out more
ACY SecuritiesASICFSCA (South Africa)7.8/10Get startedFind out more
Fusion MarketsASICFSA (Seychelles)+17.8/10Get startedFind out more
FOREX.comCFTC/NFAFCA+67.7/10Get startedFind out more
SwissquoteFINMAFCA+57.7/10Get startedFind out more
DukascopyFINMAFSA (Japan)+17.7/10Get startedFind out more
ActivTradesFCAFSC (Mauritius)+17.7/10Get startedFind out more
ExnessCySECFCA+97.7/10Get startedFind out more
Charles SchwabSECFINRA+17.6/10Get startedFind out more
EC MarketsFCAASIC+37.6/10Get startedFind out more
FXCMFCAASIC+27.6/10Get startedFind out more
WebullSECFINRA+17.6/10Get startedFind out more
HYCMFCADFSA (DIFC)7.6/10Get startedFind out more
SkillingCySECFSA (Seychelles)7.5/10Get startedFind out more
Trade.comCySECFCA+27.5/10Get startedFind out more
Trading.comFCAASIC+27.5/10Get startedFind out more
XTBKNFFCA+37.5/10Get startedFind out more
InstaForexFSC (BVI)7.5/10Get startedFind out more
AlpariMISA (Comoros)7.4/10Get startedFind out more
AAAFxMISA (Comoros)7.4/10Get startedFind out more
T4TradeFSA (Seychelles)7.4/10Get startedFind out more
STARTRADERASICFSCA (South Africa)+37.4/10Get startedFind out more
LiteFinanceCySECFSC (Mauritius)7.4/10Get startedFind out more
QuestradeCIRO7.4/10Get startedFind out more
MitradeASICCySEC+47.3/10Get startedFind out more
TraduFCACySEC+47.3/10Get startedFind out more
OctaCySECFSC (Mauritius)+27.3/10Get startedFind out more
ATFXFCAASIC+77.3/10Get startedFind out more
FortradeFCAASIC+47.3/10Get startedFind out more
Focus MarketsASICFSC (Mauritius)7.2/10Get startedFind out more
FXCCCySECMISA (Comoros)+17.2/10Get startedFind out more
FXOROCySEC7.2/10Get startedFind out more
Global PrimeASICVFSC (Vanuatu)7.2/10Get startedFind out more
tastyfxCFTCNFA7.2/10Get startedFind out more
Accendo MarketsFCA7.2/10Get startedFind out more
FinecoBank of ItalyCONSOB+17.2/10Get startedFind out more
ATC BrokersFCACIMA (Cayman Islands)+17.1/10Get startedFind out more
SpreadexFCA7.1/10Get startedFind out more
Trade NationFCAASIC+47.1/10Get startedFind out more
Capital IndexFCA7.1/10Get startedFind out more
VT MarketsASICFSCA (South Africa)+27.1/10Get startedFind out more
IQ OptionCySEC7.0/10Get startedFind out more
TopFXCySECFSC (BVI)+17.0/10Get startedFind out more
ADS SecuritiesCMA (UAE)7.0/10Get startedFind out more
IC TradingFSC (Mauritius)7.0/10Get startedFind out more
iFOREXCySECFSC (BVI)7.0/10Get startedFind out more
OrbexFSC (Mauritius)FSA (Seychelles)6.9/10Get startedFind out more
Scope MarketsFSC (Belize)FSC (Mauritius)+16.9/10Get startedFind out more
XtradeFSC (Belize)FSCA (South Africa)6.9/10Get startedFind out more
PU PrimeFSA (Seychelles)FSC (Mauritius)+26.8/10Get startedFind out more
Fintrix MarketsFSC (Mauritius)6.8/10Get startedFind out more
FXGiantsFSC (BVI)6.7/10Get startedFind out more
FXCessNot on record6.7/10Get startedFind out more
FXChoiceFSC (Belize)6.6/10Get startedFind out more
FXDDNot on record6.6/10Get startedFind out more
RoboForexFSC (Belize)6.6/10Get startedFind out more
Ox SecuritiesNot on record6.5/10Get startedFind out more
Interactive BrokersSFC (Hong Kong)6.5/10Get startedFind out more
PepperstoneASICFCA+56.5/10Find out more
OANDACFTC/NFAFCA+46.4/10Get startedFind out more
EquitiFCASCA (UAE)+46.4/10Get startedFind out more
VantageASICFCA+36.4/10Get startedFind out more
City IndexFCAASIC+16.3/10Get startedFind out more
Trading 212FCABaFin+36.3/10Get startedFind out more
BlackBull MarketsFMA (New Zealand)FSA (Seychelles)6.2/10Get startedFind out more
FBSFSC (Belize)6.1/10Get startedFind out more
Funding an account from Malaysia
1 of these brokers record FPX and local bank transfer among their funding methods. A domestic transfer is usually same-day and free where an international wire is neither, so it is worth more than it looks when two brokers are otherwise close.
Check the withdrawal routes as well as the deposit ones. They are frequently not the same list, anti-money-laundering rules generally require funds to return the way they arrived, and the difference only becomes apparent at the point you want your money back.
Trading from Malaysia
No broker on our table holds a licence from a regulator in Malaysia. Every option below operates from somewhere else - most commonly Cyprus, Australia, the United Kingdom, Mauritius, Belize or the Seychelles.
That is not a reason to avoid trading, but it changes what happens when something goes wrong: your agreement is under foreign law, a complaint goes to a foreign authority, and local consumer protection does not reach it.
91 of the 97 brokers we rate do not list Malaysia among the countries they restrict.
"Does not restrict" is what our data supports. It is not the same as being authorised to serve you, and it is not a promise your application will be accepted - brokers apply their own checks on top of ours.
There is no local cap, because there is no local regulator licensing these firms. Whatever leverage you are offered comes from the entity that accepts you, which will be foreign or offshore.
High leverage is the usual consequence. Treat it as a risk multiplier rather than a feature: it lowers the deposit a position needs and shortens the move that closes you out.
1 of these brokers record FPX and local bank transfer among their funding methods, which usually means same-day deposits and no international transfer fee.
Check the withdrawal side as well. The routes are frequently not the same list, and the difference only shows up when you want your money back.
No broker on our table holds a licence from a regulator in Malaysia. Every option below operates from somewhere else - most commonly Cyprus, Australia, the United Kingdom, Mauritius, Belize or the Seychelles.
That is not a reason to avoid trading, but it changes what happens when something goes wrong: your agreement is under foreign law, a complaint goes to a foreign authority, and local consumer protection does not reach it.
91 of the 97 brokers we rate do not list Malaysia among the countries they restrict.
"Does not restrict" is what our data supports. It is not the same as being authorised to serve you, and it is not a promise your application will be accepted - brokers apply their own checks on top of ours.
There is no local cap, because there is no local regulator licensing these firms. Whatever leverage you are offered comes from the entity that accepts you, which will be foreign or offshore.
High leverage is the usual consequence. Treat it as a risk multiplier rather than a feature: it lowers the deposit a position needs and shortens the move that closes you out.
1 of these brokers record FPX and local bank transfer among their funding methods, which usually means same-day deposits and no international transfer fee.
Check the withdrawal side as well. The routes are frequently not the same list, and the difference only shows up when you want your money back.