Top 9 Forex Brokers in Malaysia for 2025

Choosing the right broker is critical in today’s competitive and highly regulated environment. Traders must consider key factors such as competitive spreads, transparent fees, robust trading platforms, multi-jurisdictional regulation, and reliable customer support. In this guide, we review nine top brokers—each with unique strengths—to help Malaysian traders make informed decisions.

How We Selected These Brokers

We prioritized brokers that meet Malaysian traders’ unique needs:
✅ Regulation: Licensed by the Securities Commission Malaysia or respected global regulators (FCA, ASIC, CySEC).
✅ Local Support: Dedicated customer service with options in English and, when available, Malay.
✅ Low Fees: Tight spreads and transparent commission structures to keep trading costs minimal.
✅ Advanced Platforms: Comprehensive trading tools, research features, and educational resources.
✅ Local Deposit Options: Convenient deposit methods and support for Malaysian Ringgit for easier fund management.

Find the Perfect Broker

1

$50
Minimum Deposit
Leverage: Up to 1:1000 | Spreads: Very Low | CySEC, FSC, FSCA, FCA (Parent).

 

4.8

Visit Broker Read Review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

2

$100
Minimum Deposit
Leverage: Up to 1:500 | Spreads: Low | ASIC, FSCA, CySEC, FSA.

 

4.8

Visit Broker Read Review

Forex trading carries a high level of risk and may not be suitable for all investors. You can lose more than your initial investment, so ensure you fully understand the risks and trade responsibly.

3

$5
Minimum Deposit
Leverage: Up to 1:2000 | Spreads: Low | FSCA , CySEC, DFSA, FSA, FCA, and CMA

 

4.8

Visit Broker Read Review

Trading Leveraged Products such as Forex and Derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice

4

$10
Minimum Deposit
Leverage: Up to 1:3000 | Spreads: Low | FSA, CySEC, FSCA, FSC

 

4.8

Visit Broker Read Review

The vast majority of retail investors face losses when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your deposit.

5

$100
Minimum Deposit
Leverage: Up to 1:500 | Spreads: Very Low | ASIC, SCB, FCA

 

4.8

Visit Broker Read Review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.96% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

6

$100
Minimum Deposit
Leverage: Up to 1:500 | Spreads: Low | FCA, ASIC, FSCA, DFSA, FSA.

 

4.8

Visit Broker Read Review

Derivative products are leveraged products and can result in losses that exceed initial deposits. Please ensure you fully understand the risks and take care to manage your exposure and seek independent advice if necessary.

7

$100
Minimum Deposit
Leverage: Up to 1:400 | Spreads: Low | ASIC, FCA, CySEC, DFSA

 

4.8

Visit Broker Read Review

89% of retail investor accounts lose money when trading on margin with this provider. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money.

8

$100
Minimum Deposit
Leverage: Up to 1:1000 | Spreads: Low | FCA, CySEC, FSA, FSCA

 

4.5

Visit Broker Read Review

Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Losses can exceed the initial investment. Please ensure you fully understand the risks and take appropriate care to manage your risk.

9

$10
Minimum Deposit
Leverage: Up to 1:2000 | Spreads: Low | Regulations: IFSC.

 

3.8

Visit Broker Read Review

Trade 12,000+ Markets or Copy the Pros. From forex and stocks to crypto and ETFs, RoboForex gives you access to thousands of assets. Short on time? Use CopyFX to copy top traders' strategies instantly.

Understanding the Regulatory Landscape

While Malaysia does have local oversight through the Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM), many international brokers serve Malaysian clients while being regulated by reputable agencies such as the FCA, ASIC, and CySEC. Working with a broker that is regulated in multiple top-tier jurisdictions not only offers enhanced security but also provides added peace of mind regarding fair pricing and execution standards.

What to Look For in a Forex Broker

When selecting a broker, Malaysian traders should evaluate:

• Spreads & Fees: Tight spreads and low commissions help keep trading costs down. Look for brokers whose average spreads (not just minimum spreads) align with your trading strategy.
• Trading Platforms & Tools: Whether you prefer MetaTrader 4/5, cTrader, or proprietary platforms, robust charting, risk management tools, and execution speed are crucial.
• Regulatory Status: Brokers regulated by Tier-1 authorities are generally more trustworthy. Even if not locally licensed, reputable global regulation is a key indicator of reliability.
• Customer Support & Education: Responsive support and quality educational resources can enhance your trading experience—especially if you are new to forex.