Forex Brokers List in Malaysia
Make sure you do not get scammed by looking at the best forex brokers in Malaysia carefully before you pick. A few years ago, forex trading was not legal in Malaysia but now, it happens almost all the time just like it does in most places in the world.
Some of the most prominent names on the top forex brokers list include:
• IG
• Swissquote
• Saxo Bank
• Plus500
• XTB
• Forex.com
It is very beneficial to make sure that the best forex brokers in Malaysia you use, have a Capital Markets Services License (CMLS), issued by the Securities Commission of Malaysia (SCM).
The body regulates all activities of the top forex brokers in Malaysia.
The best way to know if any of the top forex brokers in Malaysia you pick fall under regulation by the SCM, is to go to their website and look at the disclosure test. It will show you the register number which you can then check on the SCM website.
| Broker Name | Headquarters | Minimum Deposit Amount | Deposit Bonus | Rating | Review | Create an Account |
|---|---|---|---|---|---|---|
| FP Markets | Level 5, Exchange House, 10 Bridge St, Sydney NSW 2000 (Australia) | $100 | No Bonus | 10 | FP Markets |  |
| IC Markets | Level 6 309, Kent Street Sydney, NSW 2000 (Australia) | $200 | No Bonus | 9.9 | IC Markets |  |
| AxiTrader | Level 10, 90 Arthur St, North Sydney, NSW 2060 (Australia) | $10 | No Bonus | 9.5 | AxiTrader |  |
| XM | Australia | $5 | 15% | 8.5 | XM |  |
| Plus500 | Australia | $100 | No Bonus | 9.6 | Plus500 |  |
| Admiral Markets | Australia | $200 | No Bonus | 9.7 | Admiral Markets |  |
| FXOpen | Australia | ECN Account $100, STP and Crypto $10, Micro $1 | No Bonus on STP Account, $10 Welcome Bonus on Micro Account | 9.5 | FXOpen |  |
| AvaTrade | Australia | $100 | No Bonus | 9.5 | AvaTrade |  |
| eToro | Australia | $200 | No Bonus | 9.4 | eToro |  |
| IronFX | Australia | $100 | No Bonus | 9.7 | IronFX |  |
| easyMarkets | Australia | $100 | No Bonus | 9.5 | easyMarkets |  |
| IQ Option | Limassol,Cyprus | $10 | No Bonus | 9.3 | IQ Option |  |
| FBS Markets Inc. | No.1 Orchid Garden Street, Belmopan, Belize, C.A. | $10 | 100% | 9.2 | FBS |  |
| FXTM | 1st floor, Suite 109, Obum Place, Abuja, Nigeria | $10 | No Bonus | 9.5 | FXTM |  |
| Alpari Limited (Russia) | Maina Court, Plot 252, Herbert Macaulay Way, Abuja, Nigeria | $1.00 | Depend on Promotion Offer | 9.54 | Alpari Limited |  |
| RoboForex (CY) Ltd | Limassol, Cyprus CySEC (Cyprus) | $10.00 | Depend on Account Type | 7.01 | RoboForex |  |
| Exness (Cy) Ltd. | Limassol, Cyprus CySEC (Cyprus) | Cent and Mini Account No Limit, Classic - $2,000 and ECN - $300 | No Bonus | 8.25 | Exness |  |
| Tradersway | 8 Copthall, Roseau Valley, The Commonwealth of Dominica 00152 | $1 | No Bonus | 7.65 | Tradersway |  |
| FxPro Financial Services Ltd | 13-14 Basinghall str.,EC2V 5BQ(UK) | $100 | No Bonus | 9.98 | FXpro |  |
| LiteForex (Europe) Ltd | Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960. | $50.00 | Deposit Bonus of 50% for Deposits Over $100 | 9.36 | LiteForex |  |
| Forex4you | Road Town, Tortola, BVI FSC (BVI) | $1.00 | After Deposit it will Show on Account | 9.39 | Forex4you |  |
| InstaForex | Kaliningrad, Russia | No Minimum Deposit ($1) , Appropriate Deposit Amount is $100 | Deposit Bonus of 10% for Deposits Over $1000 | 9.06 | InstaForex |  |
| Tickmill | 1 Fore Street, EC2Y 9DT, London, United Kingdom | $100 | $30.00 | 9.91 | Tickmill |  |
| 24option | 39 Kolonakiou Street, Ayios Athanasios, Limassol, Cyprus | 250€ | No Bonus | 7.46 | 24option |  |
| Trading212 | London, UK FCA (UK) | $150 | No Bonus | 8.84 | Trading212 |  |
| FX Choice Limited | Corner Hutson & Eyre Street, Blake Building, Suite 302, Belize City, (Belize) | $100 | Deposit through Bitcoin, you will receive 15% of your Deposit amount | 6.53 | FX Choice Limited |  |
| Z.com Trade (UK) | GMO-Z.com Trade UK Limited, 8 Devonshire Square London EC2M 4PL,(UK) | $50.00 | No Bonus | 8.12 | Z.com Trade (UK) |  |
| Super Forex | 5 Cork Street, 2 Floor, Belize City, Belize | $1 | No Bonus | 6.56 | Super Forex |  |
| Simple FX | St. Vincent & Grenadines, Suite 305 Griffith Corporate Centre P.O.Box 1510 Beachmont Kingstown | $1 | No Bonus | 6.35 | SimpleFx |  |
| OctaFX | Kingstown, St Vincent | $5.00 | 10, 30 or 50% Bonus on Each Deposit to Trading Account (excluding internal transfers). | 9.41 | OctaFX |  |
| Grand Capital | Saint Petersburg, Russia | $10 | No Bonus | 7.77 | Grand Capital |  |
| Forex Chief | 1276 Kumul Hwy, 1st Flr Govant Bldg, Port Vila, Vanuatu. | $100 | $500 | 7.94 | Forex Chief |  |
| Orbex Limited | Limassol, Cyprus CySEC (Cyprus) | $500 | No Bonus | 8.49 | Orbex Limited |  |
| Fortrade | Fortrade Ltd., Michelin House, 81 Fulham Road, London. SW3 6RD | $100 | No Bonus | 7.50 | Fortrade |  |
| LGC | Nassau in the Island of New Providence, P.O.BOX SS-5383, Bahamas | $1 | No Bonus | 7.60 | LCG |  |
| IFC Markets Corp. | Road Town, Tortola, BVI FSC (BVI) | $1.00 | No Bonus | 8.33 | IFC Markets |  |
| NPBFX | Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent | $10 | No Bonus | 7.48 | NPBFX |  |
| NORDFX | NFX CAPITAL VU INC, VANTU HOUSE 133 SANTINA PARADE, ELLUK, PORT VILA, EFATE, VANUATU | $5 | No Bonus | 7.78 | NORDFX |  |
| LQDfx | Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 | $20 | No Bonus | 7.45 | LQDfx |  |
| Fort FS | Suite 305, Griffith Corporate Centre P.O. Box 1510, Beachmont Kingstown | $5.00 | 10% to 50% | 7.98 | Fort FS |  |