Malaysia is a relatively popular country for forex & CFD brokers to incorporate in. One reason for this is that the country’s main financial regulator - Securities Commission Malaysia (SCM) - in 2018 issued a new legal framework for CFD trading, which is expected to boost the industry to an even higher level in the coming years.
It is perhaps no surprise that many of the forex brokers that are active in Malaysia offer the still-popular MetaTrader 4 (MT4) as one of their trading platforms. Despite being released as early as in 2005, MT4 is still considered an advanced trading platform. For example, it allows traders to run automated trading strategies, called Expert Advisors, even when they are not logged in to the platform through Virtual Private Servers (VPS).