BEST FOREX BROKERS IN MALAYSIA

Malaysia, one of the most exciting and emerging markets in the Southeast Asia, is a leading participant in the forex trading. The country attracts a lot of foreign investment and creates vast new business opportunities that drive the national stock market.

Finding the best forex brokers in Malaysia is arduous with the availability of multiple globally regulated forex brokers. It is essential for forex traders in Malaysia to find a forex broker that has an additional Capital Markets License from the national financial market regulator; Securities Commission of Malaysia (SCM).

Additionally, the Central Bank of Malaysia, Bank Negara Malaysia, also updates periodically the Financial Consumers’ List which can help traders to identify entities that might have been wrongly perceived as licensed or regulated by the national bank.

Let us find the best broker in Malaysia by comparing the top forex brokers in Malaysia in this description.

Top Forex Brokers in Malaysia

Let us now discuss the best forex brokers in Malaysia in detail:

IFC Markets

Founded in 2006, IFC Markets is a prominent forex and CFD broker with a global reach, serving over 185,000 traders across 80 nations. Regulated by the British Virgin Islands Financial Services Commission (BVI FSC) and Malaysia’s Labuan Financial Services Authority (LFSA), it upholds high standards of oversight. The broker offers over 600 financial instruments.

It employs advanced trading platforms, including MetaTrader 4, MT5, and its proprietary NetTradeX platform. A standout feature is the GeWorko Portfolio Quoting Method, allowing traders to create personalized synthetic instruments or access a library of curated options.

With 13 years of experience, IFC Markets is recognized as a credible international broker, holding licenses from the European CySEC and BVI FSC. It’s a pivotal entity within the IFCM Group, dedicated to pioneering financial technology aligned with global regulations.

The broker ensures security through its ownership by the IFCM Group and regulatory oversight from the BVI FSC, enhancing traders’ confidence.

Here is a comprehensive overview of the IFC Markets:

 

 

Robo Forex

Founded in 2009, RoboForex is a prominent global brokerage with services spanning 169 countries. With over 3.5 million clients, the broker is a highly regarded forex broker, trusted by financial experts. The prestigious awards are proof of the broker’s reliability.

Regulated by FSC Belize and CySEC, RoboForex offers over 12,000 products, including Forex, Stocks, Cryptocurrencies, and Metals. Supported by platforms like MetaTrader 4 and 5, RoboForex caters to various trading styles.

Here is a comprehensive overview of the Robo Forex:

 

 

EXNESS Group

Established in 2008, Exness is regulated by multiple authorities such as FCA, CySEC, etc. The broker offers MT4 and MT5 platforms across desktop, mobile, and web to facilitate seamless trading to the traders.

Exness is a reputed forex broker led by Igor Lychagov and operates from various offices globally. With more than 414 active traders, Exness is a reputed and trustworthy forex broker providing dynamic trading opportunities to clients.

Here is a comprehensive overview of the Exness Group:

 

 

Pocket Option

Pocket Option, owned by Gembell Limited, leads in online trading. Its mission caters to mass-market needs, providing premier binary options services within the OTC market. With a clear and user-friendly approach, it provides a suitable trading platform with innovation and stability to the forex traders.

The platform offers diverse assets, tools, and features, from social trading to demo accounts, attracting global traders in over 20 languages. FMRRC certification lends credibility, granting commissions up to 92%, bonuses, and collaborative opportunities.

Here is a comprehensive overview of the Pocket Option:

 

 

Forex4you

Established in 2007, Forex4you is a distinguished forex broker based in the British Virgin Islands under the BVI FSC license. Renowned for professionalism, it earned the ‘Best Broker’ award in 2018 by Le Fonti Awards and remains a nominee for esteemed titles.

With 15 years of experience and features like varied accounts, multilingual support and accessible platforms, the broker has more than 2.6 million traders globally.

Operating across MT4 and its proprietary MarketPlace, Forex4you presents diverse trading opportunities such as forex, commodities, indices, and cryptocurrencies.

Here is a comprehensive overview of the Forex4you:

 

Amarkets

AMarkets, a part of AForex in 2007, is a renowned broker in global trading. With a network in Europe and the CIS, it offers reliable forex trading to European traders. It is an evolving ECN broker serving both novices and algorithmic traders.

Offering rapid responses, swift deposits, and speedy order execution, AMarkets has a remarkable client journey. FSA registered, with 350,000 global clients and a 72 trust score, it offers a robust trading environment.

Here is a comprehensive overview of the Amarkets:

 

XM Group

XM Group is a leading global forex broker, with a family of regulated members that offer diverse trading experiences. In 2009, the first member of the XM Group was Trading Point of Financial Instruments Ltd, under the regulated by the CySEC.

XM Group Limited was actually formed in 2017 and regulated by Belize’s FSC with the latest member, the Trading Point MENA Limited. The brokers offer a wide range of financial instruments along with MT4 and MT5 trading platforms to the customers.

With over 10 million clients across 190 countries, the broker has acquired a name for fast execution and exceptional tools. Backed by strong regulation, XM Group is a secure choice, offering support, low fees, and a smooth journey for traders.

Here is a comprehensive overview of the XM Group:

 

Comparison of the Best Forex Brokers in Malaysia

Let us now compare the best forex brokers in Malaysia with a help of a table: