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2022 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Malaysia

Top Malaysia trading platforms
Top Malaysia Brokers 2022

This guide to the reputable online brokers in Malaysia has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This guide contains the latest details about finding the best broker in Malaysia.

If you're a new entrant in the realm of trading and broker, so many facts will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You will acquire adept skills at all of the concepts of broker since you keep trading. For starters, you have to choose the best broker in Malaysia who will be clear with you constantly.

Within this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment program is key to your success.

We currently have 19 Online Brokers from our research that we think are the Best Online Brokers in Malaysia

Finding The Professional Malaysia Trading Patforms?

This guide has been provided to help you find an experienced Malaysia broker. When searching for an experienced, reliable broker in Malaysia it can be quite confusing.  Below we explain what your broker options are in Malaysia and what Malaysia brokers can do for you.

A free trial for at least 3 days is a good way to assess the quality and professionalism of any Malaysia broker. Before making any final decisions, you have to be able test the broker's platform and software in real-time but with minimal risk. A demo account will allow you to experiment with the software and see how easy it is. A reuptable broker in Malaysia should make it as simple as possible for any trader. They shouldn't have to do a lot research nor set up multiple accounts before they let you start investing.

We currently have 19 Trading Patforms from our research that we believe are the Top Online Brokers in Malaysia

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Rating6.35/51.52/55.00/55.96/54.80/52.28/53.15/57.10/55.97/54.93/53.81/56.20/58.30/54.48/54.75/55.63/56.16/55.88/56.30/5
Minimum Deposit$250$10$250$1$250$1$250$200$1000$20$2500$250$250$500$250$200$100$100$250
Year Founded2017200820152009201420082013200120132010200820182010201020202014200920142015
HeadquartersCyprusMarshall IslandsPortugalAustraliaSwitzerlandUSAUnited StatesUKMalaysiaUKUnited StatesGRENADINESAustraliaCyprusUSAUnited StatesCyprusAustraliaBulgaria
Regulated ByFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F320UnregulatedFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F234Australian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F305UnregulatedFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F256Financial Conduct Authority (FCA) registration number 595450, Cyprus Securities and Exchange Commission (CySEC) - license number 201/13, Australian Financial Services Licence (AFSL) no. 410681, Jordan Securities Commission (JSC) registration number 57026Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)UnregulatedFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F285the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F239Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)Cyprus Securities and Exchange Commission (CySEC) ABN 60 003 474 977, AFSL No. 240837Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F246
Clients10,000+10,000+30,000+10,000+250,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+500,000+10,000+12,000,000+10,000+10,000+10,000+10,000+
Risk WarningYour capital is at riskYour capital is at riskYour capital is at riskLosses can exceed depositsYour capital is at riskYour capital is at riskYour capital is at riskTrading Forex or CFDs on margin carries a high level of risk and may not be suitable for all investors.Your capital is at riskLosses can exceed depositsYour capital is at riskYour capital is at risk71.89% of retail investor accounts lose money when trading CFDs with this provider.Your capital is at riskYour capital is at riskYour capital is at riskLosses can exceed depositsYour capital is at riskYour capital is at risk
Withdrawal FeesNoNoNoYesNoYesNoNoNoYesNoNoNoNoYesNoYesYesNo
Inactivity FeesNoNoYesNoYesYesNoNoNoYesNoYesNoNoNoNoNoNoNo
Deposit Fees25010250125012502001000202500250250500250200100100250
CFD FeesNoYesNoNoYesYesYesYesNoYesYesYesNoYesNoYesYesYesYes
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalYesNoYesNoYesNoYesNoNoNoNoYesYesNoYesNoNoNoYes
Accepts SkrillYesNoYesNoYesNoYesYesNoNoNoYesYesNoYesNoNoNoYes
Accepts PayoneerYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts NetellerYesNoYesNoYesNoYesYesNoNoNoYesYesNoYesNoNoNoYes

Online Stock Trading In Malaysia

Trading investments in Malaysia is highly regulated and considered quite secure. However, conscious that any investment can go down as well as up, which means that your capital is at risk.

If you are just starting out using online trading then it is suggested to get a demo account with a controlled agent so that you can find out the systems without the risk of losing money.

Live Forex Trading In Malaysia

Forex is the liquid financial market in the world using a daily financial market turnover of over $5 trillion (BIS data April 2016).

Forex (short for Foreign Exchange) is a currency exchange involving two different countries and the following management of the resulting position in which one currency gains and the other loses.

It's easy to do Live Forex Trading in Malaysia with seasoned online trading platforms

Live CFD Trading In Malaysia

CFD trading is the selling and buying of contracts for difference via an online trading platform in Malaysia. When you trade CFDs you are agreeing to exchange the difference in the price of an asset from the point at which the contract is opened to when it is closed.

Spread Betting In Malaysia

Spread Betting in Malaysia is possible using trusted online trading platforms like XM or Trading212. It is a simple bet as to whether the price will go up or down.  Normally, the Malaysia trading platforms will show the prices you have.

If you are looking at how to do spread betting in Malaysia then it is a good idea to start with a demo account with either plus500 or 101Investing so that you can practice with monopoly currency before risking your own capital.

Trading Shares in Malaysia

Globally, Malaysia is considered safe to do online trading and has access to other global financial centers. In Malaysia, online brokers are highly regulated, experienced and customer centric. 

However, it is always important to be as informed as possible so here we detail some of the most important things a trader should know:

The financial markets in Malaysia are very mature and are seen are trustworthy due to regulation and compliance by the local Fiancial trade authority in Malaysia.

The online platforms used by brokers in Malaysia are thoroughly tested and highly rated & secure.

Whichever Online Trading Solutions in Malaysia you decide to use, ensure they have all of the below:

  • User friendly platform
  • Access to a risk management tool
  • Good or fast execution speed
  • High quality charts
  • Capable of doing social trading
  • Quick online help or support

Challenges Of Trading in Malaysia

The US Dollar is considered the base currency globally so even a small change in the US financial markets may affect the financial markets in Malaysia. The EU is also a large economy and changes there may affect the financial markets in Malaysia.

Like every country there are opportunities in Malaysia economic markets and overall the outlook is positive. However, like in all global economic markets we recommend that any Online Trading Solutions in Malaysia you decide to use, make sure you do your due diligence first before risking any real money. We have collected thousands of datapoints and written this guide to help you find the Best Trading Platforms in Malaysia.  We hope that by using this guide you will find a reputable broker that matches your needs.

Frequently Asked Questions About Trading Forex In Malaysia

Is Forex Trading Legal In Malaysia?

There's a growing misconception that trading Forex in Malaysia is considered unsafe. This isn't the case, Forex trading in Malaysia is quite active, safe and regulated.

Trading in Forex is allowed in Malaysia as for any company to trade globally, foreign currency must be exchanged. Whenever you buy something and it's shipped from overseas, there'll be multiple money exchanges by multiple businesses to get that thing to you.

The main issue is that when trading Forex in Malaysia you select one of the best online agents.

Do Forex Traders Pay Tax In Malaysia?

Once a trader is successful and their gains achieve a certain level then they can be taxed in Malaysia according to the standard taxation rules.

Tax returns must always be registered even if there is a loss. You should seek out advice with a registered accountant in Malaysia to make certain you're abiding with current local laws as it is very determined by your personal conditions.

Can You Trade Cryptocurrencies In Malaysia?

Cryptocurrency markets in Malaysia are rather new. As Cryptocurrencies work on decentralised resources in Malaysia things like interest rate changes and political instability do not impact them as far as the fiat markets.

Cryptocurrencies are more popular with the centuries and with growing income amounts and technologies adoption, trading cryptocurrency in Malaysia is rising day by day. It's still modest in comparison to the Forex markets however around $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Malaysia?

Commodity trading in Malaysia involves trading in matters like precious metals, energies and agricultural commodities.

Some commodities like agricultural are seeing exponential growth inMalaysia.

Fast growing markets like India have a significant need for many fundamental raw materials because of their inhabitants. This means that countries like Malaysia can take advantage of the situation.