The popularity of forex trading in Malaysia is increasing by the day as locals become more aware of the vast array of financial choices available to them.
Malaysia also has fairly liberal Forex trading rules, allowing people to trade with any internationally registered Forex broker.
Malaysia’s Best Forex Brokers
For the year 2021, we’ve compiled a list of the finest Forex brokers in Malaysia. Before
establishing a comprehensive assessment, our TradersUnion experts analysed several criteria.
The international financial regulatory agencies have completely regulated all of the brokers on our list!
While a single broker on the list is a good choice, it’s also important to consider the additional features.
Now look at the list of Best Forex Broker Malaysia:
1) eToro – Best Forex Broker in Malaysia
eToro has grown from its humble beginnings in 2007 to become the world’s top social trading network.
They now have over 17 million users spread throughout 140 countries. The finest Forex broker in Malaysia is eToro, in our opinion.
They are our top option since they provide a wide range of trading instruments, including crypto trading!
You may also take advantage of their fantastic CopyTrading platform and learn from their wealth of information.
2) Interactive Brokers – Best for Professionals
For active professional investors in Malaysia, Interactive Brokers is the top Forex broker.
They provide a large range of financial instruments in addition to one of the most comprehensive trading platforms on the market.
3) FxPro – Best For Large Orders
FxPro has completed more than 455 million orders since its launch in 2006. With over 1.8 million clients in over 173 countries, they are a global Forex broker.
4) Admiral Markets UK – Best For Mobile Trading
Admiral Markets started operations in 2001 and has since grown to become one of the leading Forex brokers in Malaysia and the world. They are headquartered in the United Kingdom.
5) AvaTrade – Best for Beginners
AvaTrade is one of the greatest brokers on the market for those who are just getting started with Forex trading.
They provide a wide range of educational resources to help you improve your Forex trading skills quickly.
6) Tickmill – Best Pro Account
Tickmill, which was founded in 2014, is on its way to becoming a global Forex broker. Clients can select from three different account kinds.
The pro account, on the other hand, is the service’s highlight, since it grants access to some of the industry’s most competitive prices.
7) FBS – Best for High-Risk Traders
FBS is a multinational brokerage firm that first opened its doors in 2009. They provide a $100 welcome bonus to new customers!
8) IG – Best User Experience
IG, as one of Malaysia’s oldest Forex dealers, provides the best-in-class user experience. Their platform and customer support are both outstanding!
9) Exness – Best for Foreign Malaysians
Exness is a fantastic forum for overseas Malay residents. It’s especially useful for users in the United Kingdom and Europe.
10) OctaFX – Best for Demo Trading
OctaFX is a mobile trading platform that is rapidly gaining traction in the market. They’re easy to find and provide both Forex and CFD trading.
Also read about cup and handle forex.