Best Copy Trading App in Malaysia for 2024 - TOP 5 Comparison

1
8.86
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2
7.69
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Your capital is at risk.
3
6.87
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Many traders in Malaysia use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Copy Trading App in Malaysia for 2024, based on our assessments.

1
8.86
VISIT BROKER
Your capital is at risk.

The minimum deposit in RoboForex is $10. Leverage up to 1:2000. Traders choose RoboForex for reliability, favorable trading conditions, minimum spreads, and commission fees. The company is recommended for beginner traders and experienced investors.

2
7.69
VISIT BROKER
Your capital is at risk.
Your capital is at risk.

Exness broker is a trusted broker partner that is compliant with all relevant terms. Exness complies with all payment obligations and pays money earned.

3
6.87
VISIT BROKER
Your capital is at risk.

Pocket Option is an unregulated broker focused on cooperating with professional traders who do not need training or additional bonuses.

4
7.82
VISIT BROKER
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Forex4you (Markets4you) is an all-in-one broker for active and passive trading, rates well for both novice traders and professional level traders.

Forex4you has been rebranded to Markets4you!

5
7.17
VISIT BROKER
Your capital is at risk.

The MultiBank Group is a broker for active trading and passive investing, the conditions of which are primarily suitable for professional traders.

1
Best Copy Apps in Malaysia - RoboForex

RoboForex is a well-established brokerage company offering a broad spectrum of trading opportunities for active traders and investors alike. With an impressive selection of over 12,000 financial instruments - including currency pairs, CFDs on stocks, indices, metals, energies, and futures - RoboForex provides a versatile trading environment.
The broker boasts competitive trading conditions: tight spreads starting from 0 pips, high leverage up to 1:2000, and fast execution speeds. The broker also offers the CopyFx investment program, which allows traders to copy the strategies of successful investors and earn passive income. Additional perks include instant fund withdrawals and some of the industry’s highest affiliate payments (up to 84%).
RoboForex prioritizes reliability and client satisfaction, establishing itself as a trusted partner for traders worldwide.

👍 Advantages of trading with RoboForex for traders in Malaysia:

Availability of favorable trading conditions and a minimum deposit

Unique investment program CopyFx

Highest affiliate payments: up to 84% of the fee paid by the referral

Market launch - STP and ECN

Instant withdrawal of funds

Minimum deposit - $10

👎 Disadvantages of RoboForex for traders in Malaysia:

A small number of currency pairs - 36, for accounts: Pro, Pro-Cent, ECN, Prime

Lack of tools when trading on the R StocksTrader platform

VISIT BROKER
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2
Best Copy Apps in Malaysia - Exness

Exness is one of the world’s largest brokers, known for its competitive trading conditions, high security, and wide selection of assets. The company serves over 700,000 active clients and processes a monthly volume exceeding $4 trillion.
While specializing in currency pairs, Exness also offers CFDs on stocks, commodities, indices, and cryptocurrencies. The broker caters to all experience levels with various account types – from cent accounts and social trading for beginners to high leverage and Expert Advisor support for seasoned professionals.
Exness holds multiple international licenses, including the stringent FCA and CySEC, ensuring trader funds are protected.
With features like 24/7 support, fast withdrawals, and analytics tools, Exness strives to provide an optimal trading experience.

👍 Advantages of trading with Exness for traders in Malaysia:

Availability of 8 licenses and a membership in the Financial Commission with its own compensation fund to insure traders against losses;

Wide choice of account types — Standard, Pro, Cent, Swap Free, and Demo;

Wide range of CFDs, including over 100 currency pairs;

Zero deposit and withdrawal fees;

Proprietary platforms for active and social trading, as well as all versions of classic MT4 and MT5.

👎 Disadvantages of Exness for traders in Malaysia:

The broker’s website offers almost no educational materials;

24/7 support isn’t available in all languages.

VISIT BROKER
Your capital is at risk.
Your capital is at risk.

3
Best Copy Apps in Malaysia - Pocket Option

The Pocket Option broker is part of Gembell Limited holding, which was founded by a group of professionals seasoned in trading and investment activities. The company is mass-market requirements-based, therefore, it provides quality services to binary options trading in the OTC market access. The broker strives to make the trading process as simple, clear, and convenient as possible. For this reason, Pocket Option has developed a unique trading platform to ensure stable trading for traders and investors.

👍 Advantages of trading with Pocket Option for traders in Malaysia:

low threshold for entering the market; the first deposit starts at $5;

social trading platform generates passive income.

👎 Disadvantages of Pocket Option for traders in Malaysia:

not licensed by any reputable regulator;

to trade Forex through MetaTrader 5, you need to deposit at least $1,000;

support service responds within 24-48 hours, which is also too slow.

VISIT BROKER
Your capital is at risk.

4
Best Copy Apps in Malaysia - Markets4you

Forex4you (Markets4you) caters to a wide range of traders, offering different account types, including cent accounts and ECN accounts with tight spreads from 0.1 pips. The broker provides leverage of up to 1:1000, order execution speed from 0.1 sec, and access to over 150 trading instruments, including Forex pairs, indices, commodities, and stocks. Its proprietary copy trading platform, Share4you, allows traders to earn additional income by sharing their strategies or copying successful traders. Additional features like cashback, bonuses, and partnership programs further enhance the trading experience.
Markets4you doesn't accept clients from the U.S., Canada, Japan, and EU countries, but it presents a compelling option for eligible traders seeking a well-rounded trading experience.

👍 Advantages of trading with Markets4you for traders in Malaysia:

best trading conditions for novice traders;

no trading restrictions on scalping and algorithmic trading;

the possibility of passive income - social trading platform Share4you;

the broker has an insurance for $10 million on a contingency basis;

there are cent accounts with a minimum transaction amount of 2 cents.

customer support responds to customer inquiries within 8 hours, even on weekends.

👎 Disadvantages of Markets4you for traders in Malaysia:

Relatively high fixed fees on Pro accounts.

Traders from the U.S, Canada, Japan, and EU countries cannot use services of the broker.

VISIT BROKER
Your capital is at risk.

5
Best Copy Apps in Malaysia - MultiBank

Established in 2005, MultiBank Group has successfully stamped its authority in the world of trading. It has a valid impact in the foreign exchange industry with providing exemplary products, services, and trading platforms. With a paid-up capital of over $322 million, MultiBank Group is recognized as one of the largest only financial derivatives providers worldwide.

  • The Group is closely supervised by 11 financial regulators worldwide across various jurisdictions, what ensures investor protection. Entities regulated by SCA (20200000045), MAS (CMS101174), CySEC (430/23), ASIC (416279), AUSTRAC (100724469), BaFin (HRB 73406), FMA (491129z), FSC (SIBA/L/14/1068), CIMA (1811316), TFG, VFSC (700443).

  • 20,000+ CFD Products across six asset classes including Forex, Metals, Commodities, Indices and Cryptocurrencies

  • Lowest spreads, starting from 0.0* pips on Forex, and $0.07 on Gold.

  • Multi-lingual Expert Customer support 24/7

  • Guaranteed funds withdrawals within 24 hours

  • Zero commission trading and negative balance protection

👍 Advantages of trading with MultiBank for traders in Malaysia:

the ability to trade from professional ECN accounts with floating spreads from 0.1 pips;

popular trading platforms MT4 and MT5, mobile applications and web terminals compatible with various OS and browsers;

several options for passive earnings including a service for copying trades, PAMM accounts, free MAM, EA, VPS, API and an affiliate program.

ECN start from 0 pips.

👎 Disadvantages of MultiBank for traders in Malaysia:

lack of micro (cent) accounts;

trading restrictions on scalping;

VISIT BROKER
Your capital is at risk.

Best Copy Trading App in Malaysia 2024: Education for Investors

When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.

RoboForex - Education for Investors

Investment Education Online

Information

A large training section has been created on the RoboForex website. Each trader will receive the necessary information for successful trading — from the basics of the Forex market to analytics, reviews of trading strategies, advisors, and indicators.

Information available in the Analysis and Education section
Information not available at the RoboForex website
Free video course on the basics of Forex, technical and fundamental analysis, trading psychology, etc.
Detailed theory on each issue. The broker focuses on practice
How to open a trading account
 
How to begin Forex trading
 
How to trade NASDAQ and NYSE stocks
 

The company's specialists recommend opening a demo (practice) account and educating yourself by obtaining and later applying theoretical knowledge in practice by actually trading on the demo account, thereby combining theory and practice. Thus, you will gain valuable experience and the necessary skills to work on a real account.

Exness - Education for Investors

Investment Education Online

Information

Currently, Exness doesn’t provide training for novice traders. If you want to learn basic Forex and CFD concepts, go to the Help section of the website. To develop practical trading skills, open a demo account.

Pocket Option - Education for Investors

Investment Education Online

Information

There is a "Training" section on the Pocket Option website, but it is not informative enough. Find more information in the "FAQs" sub-section of the "Help" section. There is practically no information about Forex trading.

Information available in the Analysis and Education section
Information not available at the Pocket Option website
General questions on binary options
No detailed Forex glossary
Trading process and transactions opening through the Pocket Option proprietary terminal
No economic calendar
Standards of deposits and withdrawals
No technical and fundamental analysis
What is the proprietary Market and how to use bonuses
No webinars and video tutorials with options trading describing 
Standards for an MT5 account connecting
 

The broker allows opening a demo account, which allows you to improve on your trading skills without financial risks.

Markets4you - Education for Investors

Investment Education Online

Information

To support trading, a separate analytical section has been created on the site with tools that will be of interest not only to the novice, but also to professionals.

Information available in the "Education" section
Unavailable information on the Markets4you website
Dow Jones news
Forex terminology
Economic calendar
 
Technical analysis of 9 currency pairs Trading Central
 
Graphical toolkit Autochartist
 
Trading academy offers courses on basics of Forex, strategies, and technical indicators.
 
Video guides on working with trading platforms.
 
Useful articles on trading and investing.
 
Seminars and webinars.
 

Every tool listed above can be tested on a demo account.

MultiBank - Education for Investors

Investment Education Online

Information

MultiBank Group does not provide training materials, trading academy, training videos or learning resources.

Summary

In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Malaysia choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Copy Trading App in Malaysia 2024.

RoboForex Exness Pocket Option Markets4you MultiBank

Overall score

8.86

7.69

6.87

7.82

7.17

Execution of orders

8.95

9.6

9.52

8.65

7.05

Investment instruments

9.73

9.43

4.29

8.35

7.2

Withdrawal speed

9.71

8.79

9.64

6.4

9.14

Customer Support work

9.17

9.29

4.38

8.5

7.14

Variety of instruments

8.75

8.02

6.01

5.77

8.02

Trading platform

6.86

1

7.38

9.22

4.47

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FAQ

Do all brokers offer mobile apps for iOS and Android?

Unfortunately no. Some companies focus only on one operating system. Before opening an account make sure that the broker offers the version for your operating system.

If a broker has several platforms, does it mean it offers several apps?

No. If a broker has several trading platforms, there is either an option to switch between them in the app, or only one trading platform is available (usually the proprietary one).

If I remove the app from my phone and then reinstall it, will I lose the information?

No. The information is stored in the user account on the server. You will need to enter your username and password, pass two-factor authentication (if applicable) and you will have full access to your information.

How are the apps protected against unauthorized access?

As a rule, in addition to the username and password, other security measures apply, for example two-factor authentication. In this case, you will need to enter a unique code to access your account.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.