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Best Forex Brokers for Traders in Malaysia


The brokers below represent what we believe to be the best forex brokers for traders in Malaysia. This is based both upon the broker's independent trader rating and their market share in Malaysia. We stronlgy recommend the top two forex brokers in this list, XM and Exness, as they are not only the most highly ranked but the most well regulated. All the forex brokers below have a Malay version of their website, which would lead one to believe that their support staff speaks Malay and their platforms also support the language, but we cannot guarantee that. We suggest you call their support staff to verify. You can also view our Best Malay Language Forex Brokers page for more brokers who may support the Malay language. Click on the links in the left column menu for the best forex brokers for traders in other countries.

(The number in parenthesis behind the broker name is their independent trader rating. You can click on the regulation info to verify the broker's regulation. Languages link to the broker's site in that language)

Forex Brokers in Malaysia Top Ten Forex Brokers for Traders in Malaysia Malaysian Forex Brokers

XM Review XM (8.05) XM Review

Headquarters: Limassol, Cyprus Popularity Percentile: 96.1
Regulated by: CySEC (Cyprus), FCA (UK), ASIC (Australia), BaFin (Germany), AMF (France), CNMV (Spain), FI (Sweden), MNB (Hungary) Platforms: Metatrader 4, MT4 Mobile, MT4 Multiterminal, MT4 Web
Forex Online Since: 2009 No. of Currency Pairs: 55
Broker Type / Order Processing: STP Maximum Leverage: 1:888
Account Types: Micro, Standard, Zero Client Funds Segregated: Yes, funds held in Barclays Bank Plc
VPS Available: Free with $5000 account Minimum Account: $5
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: No Scalping Allowed: Yes
Account Currencies: AUD, EUR, GBP, JPY, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: No Trading Contests: Yes
Languages: Arabic, Bengali, Chinese Simplified, Chinese Traditional, Czech, Dutch, English, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Persian / Farsi, Polish, Portuguese, Russian, Spanish, Swedish, Tagalog, Thai, Turkish, Vietnamese

Exness (Cy) Ltd. Review Exness (Cy) Ltd. (7.82) Exness (Cy) Ltd. Review

Headquarters: Limassol, Cyprus Popularity Percentile: 99.4
Regulated by: CySEC (Cyprus), BaFin (Germany), CNMV (Spain), FI (Sweden), IFSC (Belize), NAFD (Russia), FMRRC (Russia) Platforms: Metatrader 4, Metatrader 5, MT4 Mobile, MT4 Web, MT5 Mobile
Forex Online Since: 2008 No. of Currency Pairs: 105
Broker Type / Order Processing: NDD / ECN Maximum Leverage: 1:2000
Account Types: Mini, Classic, ECN Client Funds Segregated: Yes
VPS Available: Yes, free Minimum Account: $1
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: No Scalping Allowed: Yes
Account Currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: Yes Trading Contests: No
Languages: Arabic, Bengali, Chinese Simplified, English, French, German, Hindi, Indonesian, Italian, Korean, Malay, Persian / Farsi, Portuguese, Russian, Spanish, Thai, Urdu, Vietnamese

FXOpen Markets Limited Review FXOpen Markets Limited (7.16) FXOpen Markets Limited Review

Subsidiaries: FXOpen AU Pty Ltd - Sydney, NSW, Australia; FXOpen UK - London, UK
Headquarters: Charlestown, Nevis, St Kitts Popularity Percentile: 98.9
Regulated by: FC (International), ASIC (Australia), FCA (UK) Platforms: FXOpen Trader Android, Metatrader 4, MT4 Mobile, MT4 Web, Myfxbook AutoTrade, ZuluTrade Social
Forex Online Since: 2005 No. of Currency Pairs: 52
Broker Type / Order Processing: STP / ECN Maximum Leverage: 1:500
Account Types: Micro, STP, ECN, Crypto Client Funds Segregated: No
VPS Available: Yes, free with $5000 account Minimum Account: $1
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: Yes Scalping Allowed: Yes
Account Currencies: AUD, CHF, EUR, GBP, JPY, RUB, SGD, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: Yes Trading Contests: Yes
Languages: Arabic, Chinese Simplified, English, German, Indonesian, Malay, Persian / Farsi, Portuguese, Russian, Spanish, Thai

Fort FS Review Fort FS (6.90) Fort FS Review

Headquarters: Belmopan, Belize Popularity Percentile: 79.8
Regulated by: IFSC (Belize) Platforms: CQG, Metatrader 4, MT4 Mobile, MT4 Multiterminal, NinjaTrader
Forex Online Since: 2010 No. of Currency Pairs: 40
Broker Type / Order Processing: STP / ECN Maximum Leverage: 1:1000
Account Types: Fort, Flex, Pro Client Funds Segregated: No
VPS Available: Yes, with $1000 account Minimum Account: $5
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: Yes Scalping Allowed: Yes
Account Currencies: EUR, RUB, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: Yes Trading Contests: No

FX Primus Europe (CY) Ltd Review FX Primus Europe (CY) Ltd (5.01) FX Primus Europe (CY) Ltd Review

Headquarters: Limassol, Cyprus Popularity Percentile: 94.6
Regulated by: CySEC (Cyprus), FSCM (Mauritius), FSB (SA) Platforms: Metatrader 4, MT4 Mobile, MT4 Web
Forex Online Since: 2010 No. of Currency Pairs: 47
Broker Type / Order Processing: STP / ECN Maximum Leverage: 1:1000
Account Types: Micro, Mini, Standard, ECN Premier Client Funds Segregated: Yes, through NinetyEast Financial Trustees (Mauritius) Limited at Barclays Bank.
VPS Available: Yes, $30 a month or free with $500 account Minimum Account: $100
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: Yes Scalping Allowed: Yes
Account Currencies: AUD, EUR, GBP, SGD, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: No Trading Contests: Yes

FBS Markets Inc. Review FBS Markets Inc. (5.16) FBS Markets Inc. Review

Headquarters: Belmopan, Belize Popularity Percentile: 95.8
Regulated by: IFSC (Belize) Platforms: Metatrader 4, Metatrader 5, MT4 Mobile, MT4 Web
Forex Online Since: 2009 No. of Currency Pairs: 31
Broker Type / Order Processing: STP / ECN Maximum Leverage: 1:1000
Account Types: Cent, Micro, Standard, Zero Spread, Unlimited Client Funds Segregated: No
VPS Available: No Minimum Account: $1
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: No Scalping Allowed: Yes
Account Currencies: EUR, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: No Trading Contests: Yes
Languages: Arabic, Bengali, Chinese Simplified, English, Indonesian, Japanese, Korean, Lao, Lithuanian, Malay, Portuguese, Russian, Spanish, Thai, Urdu, Vietnamese

FXCM Review FXCM (6.75) FXCM Review

Subsidiaries: FXCM Japan Securities Co. Limited - Tokyo, Japan; FXCM MENA - Beirut, Lebanon; FXCM Israel Limited - Tel - Aviv, Israel; FXCM Chile SA - Santiago, Chile; FXCM Italy - Legnano, Italy; FXCM Hellas - Athens, Greece; FXCM Germany - Berlin, Germany; FXCM France - Paris, France; FXCM Australia Limited - Sydney, NSW, Australia; FXCM UK - London, UK
Headquarters: New York, NY, US Popularity Percentile: 99.8
Regulated by: NFA (US), FCA (UK), BaFin (Germany), ASIC (Australia), AMF (France), JFSA (Japan), FFAJ (Japan) Platforms: Metatrader 4, NinjaTrader, Trading Station, Trading Station Mobile, Trading Station Web
Forex Online Since: 1999 No. of Currency Pairs: 39
Broker Type / Order Processing: NDD Maximum Leverage: 1:50
Account Types: Mini, Standard, Active Trader Client Funds Segregated: Yes
VPS Available: Yes, free with $5000 account Minimum Account: $50
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: No Scalping Allowed: Yes
Account Currencies: AUD, NZD, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: No
Copy / Social Trading: No Trading Contests: Yes
Languages: Arabic, Chinese Simplified, English, Indonesian, Malay, Russian, Spanish, Tagalog, Thai, Vietnamese

JustForex Review JustForex (4.87) JustForex Review

Headquarters: Belmopan, Belize Popularity Percentile: 85.3
Regulated by: IFSC (Belize) Platforms: Metatrader 4, MT4 Mobile, MT4 WebTrader
Forex Online Since: 2001 No. of Currency Pairs: 89
Broker Type / Order Processing: NDD / ECN Maximum Leverage: 1:2000
Account Types: Classic, NDD, ECN Client Funds Segregated: Yes
VPS Available: Yes, through VULTR Minimum Account: $1
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: No Scalping Allowed: Yes
Account Currencies: USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: No Trading Contests: Yes
Languages: Chinese Simplified, English, French, Indonesian, Malay, Russian, Spanish, Urdu

MFX Broker Inc. Review MFX Broker Inc. (4.15) MFX Broker Inc. Review

Headquarters: Belmopan, Belize Popularity Percentile: 94.9
Regulated by: IFSC (Belize) Platforms: Metatrader 4, MT4 Mobile, MT4 Multiterminal, MT4 WebTrader
Forex Online Since: 2006 No. of Currency Pairs: 87
Broker Type / Order Processing: STP / ECN Maximum Leverage: 1:1000
Account Types: Standard, Micro, ECN Client Funds Segregated: Available
VPS Available: No Minimum Account: $1
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: Yes Scalping Allowed: Yes
Account Currencies: EUR, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: Yes Trading Contests: Yes
Languages: Arabic, Chinese Simplified, English, Indonesian, Malay, Russian, Spanish

InstaForex Review InstaForex (3.01) InstaForex Review

Headquarters: Kaliningrad, Russia Popularity Percentile: 99.6
Regulated by: None Platforms: Metatrader 4, Metatrader 5, MT4 Mobile, MT4 Web
Forex Online Since: 2007 No. of Currency Pairs: 107
Broker Type / Order Processing: STP / ECN Maximum Leverage: 1:1000
Account Types: Cent.Standard, Cent.Eurica, Insta.Standard, Insta.Eurica Client Funds Segregated: Yes
VPS Available: Yes, with discount depending upon account balance, free with $5000 account. Minimum Account: $1
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: Yes Scalping Allowed: Yes
Account Currencies: EUR, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: Yes Trading Contests: Yes
Languages: Arabic, Azerbaijani, Bengali, Bulgarian, Chinese Simplified, Czech, Dutch, English, French, Georgian, German, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malay, Persian / Farsi, Polish, Portuguese, Romanian, Russian, Serbian, Slovak, Spanish, Thai, Turkish, Ukrainian, Urdu, Vietnamese

Forex Strategy Builder Professional

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