Malaysia is not particularly well-known as a hub for international forex brokers, but there are still some forex brokers that operate in this South East Asian nation. However, Malaysia has a fairly well-developed financial sector and an active community of retail forex traders.
Forex brokers in Malaysia are regulated by the Securities Commission Malaysia (SCM) or the Labuan Financial Services Authority (LFSA). In 2018, the regulators issued new guidelines for CFD trading in the country, and it is expected that more international forex brokers will set up local entities in Malaysia in the coming years to take advantage of this new regulatory framework.
The legal registration of all forex brokers operating in Malaysia can be verified by looking up the broker’s registration number on the SCM’s and the LFSA's websites.
TickMill (2015)
Leverage: up to 1:500 *
Deposit: from 100 USD
Spreads:
Vipro Markets (2015)
Leverage: up to 1:500 *
Deposit: from 100 USD
Spreads:
Amana Capital (2010)
Leverage: up to 1:500 *
Deposit: from 50 USD
Spreads:
Hirose (2004)
Leverage: up to ---
Deposit: from 20 USD
Spreads:
HyperForex (2017)
Leverage: up to 1:1000
Deposit: from 1 USD
Spreads:
IFC Markets (2006)
Leverage: up to 1:400
Deposit: from 1 USD
Spreads:
Lirunex (2016)
Leverage: up to 1:1000
Deposit: from 25 USD
Spreads:
VPFX (2020)
Leverage: up to 1:1000
Deposit: from 100 USD
Spreads:
Varianse (2015)
Leverage: up to 1:500
Deposit: from 500 USD
Spreads:
HonorFX (2018)
Leverage: up to 1:500
Deposit: from 100 USD
Spreads:
ICE Markets (2015)
Leverage: up to 1:300
Deposit: from 30 USD
Spreads:
FOREXer (2004)
Leverage: up to 1:500
Deposit: from 1000 USD
Spreads:
Deriv (1999)
Leverage: up to 1:1000 *
Deposit: from 10 USD
Spreads:
WeTrade (2015)
Leverage: up to 1:2000
Deposit: from 100 USD
Spreads:
UTrada (2018)
Leverage: up to 1:500
Deposit: from 1 USD
Spreads:
Maxain (2017)
Leverage: up to 1:1000
Deposit: from 1 USD
Spreads: