In order to trade successfully, it is very important to choose the right broker. in Malaysia, a large number of companies provide access to trading and you will have to choose the one for you among them. It is important to work only with reliable brokers providing all the required instruments for trading based on your trading strategy. TU analysts have selected the best cfd brokers for swap-free trading in Malaysia 2025. You can compare their features and trading conditions.
1
XM Group - Best for swap-free trading in Malaysia
XM Group is a globally recognized broker, operational in nearly 190 countries and serving over 15 million traders. In 2025, the company is celebrating its 15th anniversary. The broker offers over 1,400 trading instruments, including Forex pairs, stocks, commodities, cryptocurrencies, and precious metals. With licenses from regulators like FSC and CySEC, XM ensures a secure trading environment.
The company is committed to high-speed order execution without requotes, ensuring 99.35% of trades are completed nearly instantly. The broker's leverage varies by region, offering up to 1:1000 for some non-EU countries while maintaining strict compliance with European standards for others. The spreads start from 0.6 pips.
XM doesn't offer passive investment options like PAMM accounts but provides access to MQL5 copy trading and a VPS for algorithmic trading.
👍 Advantages of trading with XM Group for traders from Malaysia:
•XM Broker guarantees 100% execution of orders, 99,35% of orders delivered nearly instantly. No requotes guaranteed;
•No “markup” on narrow market spreads (broker's margins over the spread);
•Over 1,000 trading instruments. Available for trading are: 57 currency pairs, including CFDs on cross rates, metals (including palladium and platinum), commodities (cocoa, cotton, grain), stocks;
•No commission for replenishment and withdrawal of money. XM Broker incurs all commission costs of payment systems;
•Around the clock support for 5 days a week in more than 30 languages.
👎 Disadvantages of XM Group for traders from Malaysia:
•Expanding their limited choice of trading platforms. Despite the fact that the broker offers 16 terminals, all of them are modifications of MT4 and MT5 for desktop, browser and mobile trading.
2
RoboForex - Best for swap-free trading in Malaysia
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 from 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 from Malaysia:
•A small number of currency pairs - 28, for accounts: Pro, Pro-Cent, ECN
3
Markets4you - Best for swap-free trading in Malaysia
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 1:2000, 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 from 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 from Malaysia:
•Relatively high fixed fees on Pro accounts.
•Traders from the U.S, Canada, Japan, and EU countries cannot use services of the broker.
4
HFM - Best for swap-free trading in Malaysia
HFM is a broker owned by the HF Markets Group, offers a wide variety of account types, and has the widest selection of trading assets and high-quality software. HFM also has favorable trading conditions and instant execution of orders. Plus, a solid list of tools and services allow everyone to choose the best option. The broker's reliability is confirmed by the license of several regulators. The company's work experience in the financial, brokerage and other services market is over 10 years. Within that time, HFM has received 35 prestigious awards. For trading, MetaTrader 4 and MetaTrader 5 trading terminals are used.
👍 Advantages of trading with HFM for traders from Malaysia:
•favorable trading conditions and low spreads - from 0 pips;
•controlled by several regulators;
•no commissions for account replenishment and bank transfers.
👎 Disadvantages of HFM for traders from Malaysia:
•Withdrawal terms do not always correspond to those indicated;
•Few account currencies, which is why some clients have to pay for double conversion;
•The choice of electronic payment systems for replenishment/ and withdrawal is rather modest;
•Registration is quite easy, but while it is in progress, you cannot learn the conditions on other types of accounts;
•Customer support is closed on weekends.
5
LiteFinance - Best for swap-free trading in Malaysia
The LiteForex (LiteFinance) broker is a high-tech company that constantly offers innovative solutions for active and passive trading. The LiteForex group of companies was incorporated in 2005, and it has risen through the ranks to become a market leader. Today, LiteForex (LiteFinance) is an online ECN broker with unique technical solutions for transferring transactions to the interbank and directly to liquidity providers. Social Trading is a mechanism for automatic copying of other traders’ transactions (see, SocialTrading platform) and other advantages for comfortable and efficient trading. LiteForex Broker is one of the largest and leading brokers in Malaysia.
👍 Advantages of trading with LiteFinance for traders from Malaysia:
•Correspondence to the A-Book model, STP (straight-through processing) and ECN technologies for processing client orders and pin spreads with instant market execution with minimal slippage in both directions;
•Own trading platform for personal accounts that was designed for novice traders with the ability to copy transactions, analyze market sentiment, etc.;
•Several types of affiliate programs with a multi-level system and cashback;
•Automatic reimbursement of commissions paid when replenishing and withdrawing money.
👎 Disadvantages of LiteFinance for traders from Malaysia:
•No cent accounts, which are often of interest to novice traders;
•Supplement of additional indicators is not provided in the trading platform of your personal account; algorithmic trading and testing are not provided;
•There is no information on how the risk level is assigned to traders from the social trading rating;
•Complex verification procedure.
TOP 5 Comparison
This table makes it easy to compare the best cfd brokers for swap-free trading in Malaysia for 2025 by placing their information side by side all in one place. The table includes the categories that are most important when deciding on a broker to work with. The data contained in this table is verified and only includes the most reputable brokers.
| XM Group | RoboForex | Markets4you | HFM | LiteFinance | |
|---|---|---|---|---|---|
|
Trading platform |
MT4, MT5, Mobile Trading, XM App |
MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader |
MT4, Mobile Trading, MT5 |
MT4, Mobile Trading, MultiTerminal, MT5, HFM Platform |
MT4, MT5, MultiTerminal, Sirix Webtrader |
|
Min deposit |
$5 |
$10 |
No |
No |
$10 |
|
Leverage |
From 1:1 |
From 1:1 |
From 1:10 |
From 1:400 |
From 1:1 |
|
Trust management |
No |
No |
No |
No |
Yes |
|
Accrual of % on the balance |
No |
10.00% |
No |
No |
7.00% |
|
Spread |
From 0.8 points |
From 0 points |
From 0.1 points |
From 0 points |
From 0.5 points |
|
Level of margin call / stop out |
No |
No |
No |
No |
No |
|
Execution of orders |
Market Execution |
Market Execution, Instant Execution |
Market Execution, Instant Execution |
Market Execution |
Market Execution, Instant Execution |
|
No deposit bonus |
No |
No |
No |
No |
No |
|
Cent accounts |
No |
Yes |
Yes |
Yes |
Yes |
Commissions & Fees
Brokerage fees are the amount of money that you pay for using the services that a brokerage offers in order to perform trading and manage investments. The brokerage fee structure and regulations vary from broker to broker, and there are two primary fee types which are:
Trading Fees: This type of fee is only charged when you perform a trade. It can be a conversion fee, margin rate, financing rate, spread, or commission.
Non-Trading Fees: This type of fee isn't directly related to your trading activity, and it can include inactivity fee, withdrawal fee, deposit fee, etcetera.
XM Group Commissions and Fees
Traders Union analysts have analyzed the main and additional commissions for each XM Broker account. There are no additional commissions on all accounts.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Ultra Low |
From 6 USD |
No |
|
Zero |
From 0 USD |
No |
RoboForex Commissions and Fees
Our experts have checked this company for trading and non-trading commissions. In the trading commission category, the broker's spread was considered, and as a non-trading commission, it charges an additional fee for withdrawing funds.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Pro |
$13 |
No |
|
Pro-Cent |
$13 |
No |
|
ECN |
$3 |
No |
|
Prime |
$1 |
No |
Markets4you Commissions and Fees
Traders Union experts analyzed Markets4you trading conditions. Cent Pro and Classic Pro have fixed fees per each full lot of $0.1 and $8 respectively in addition to spreads. There are no deposit fees, but withdrawal fees are 0.8-2.5% subject to the payment method.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Cent Pro |
From $0.01 |
Yes |
|
Classic Pro |
From $1 |
Yes |
|
Classic Standard |
from $9 |
Yes |
HFM Commissions and Fees
The Traders Union experts have reviewed HFM trading conditions for trading and non-trading commissions. HFM's spread was considered as a trading commission while its withdrawal fees were considered as a non-trading commission. These trading commissions are considered as being in the category of medium spreads. With HFM, there are no hidden fees.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Zero spread |
From $0 |
No |
|
Cent |
From $12 |
No |
|
Premium |
From $12 |
No |
|
PRO |
From $5 |
No |
LiteFinance Commissions and Fees
Traders Union analytics analyzed LiteForex (LiteFinance) offer and trading conditions for explicit and hidden commissions. The main commissions — spread and commission on an ECN account — from US$5 per 1 lot. There are no commissions for depositing and withdrawing from an account as LiteForex (LiteFinance) pays it to your trading account.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Classic |
From $18 |
No |
|
ECN |
From $0 |
No |
What is Swap-Free Trading?
Swap-free trading refers to a specific type of forex trading account that does not incur any swap or rollover charges on overnight positions. Here's how it works: Swap is the amount of money you receive or pay for holding a position overnight. This swap is formed based on central banks' interest rates of the countries whose currencies you trade. The thing is, swap can be either positive or negative, and it is widely considered to be a form of interest.
Now, when you enable the forex swap-free option in your trading account, all other trading conditions of Standard or Eurica accounts remain the same. The only difference is that the interest factor is completely removed from your forex trading.
In other words, swap-free accounts, also known as "Islamic accounts", make forex trading accessible to those who want to trade without dealing with interest. This feature particularly appeals to Muslim traders who wish to trade the forex market without violating Shariah law.
👍 5 Pros of Swap-Free Trading
•No Overnight Interest: You eliminate any swap or rollover charges on overnight positions, which can save you money.
•Same Trading Conditions: With the exception of the interest factor, all other trading conditions of Standard or Eurica accounts remain unchanged.
•Compliance with Shariah Law: For Muslim traders, it allows engagement in forex trading without conflict with religious beliefs.
•Transparency: Swap-free accounts offer a clear structure without hidden fees or charges related to interest.
•Accessibility: The option broadens the scope of forex trading to those who may have been restricted by interest-related concerns.
👎 3 Cons of Swap-Free Trading
•Limited to Certain Traders: Although aimed at Muslim traders, some brokers might restrict access to others.
•Potential Higher Commissions: To compensate for the lack of swap fees, some brokers may charge higher commissions or spreads.
•Possible Restrictions on Trading Styles: Limitations may be placed on long-term strategies, as these accounts are tailored to specific trading practices.
Is Swap-Free Trading Halal?
Yes, swap-free trading is considered Halal in Islamic finance. This type of trading account does not incur any swap or rollover charges on overnight positions, effectively removing the interest factor from forex trading. Interest, or "Riba," is prohibited in Islam, making traditional forex trading incompatible with Shariah law.
Swap-free accounts, also known as "Islamic accounts," were designed specifically to address this concern. By eliminating the interest component, they allow Muslim traders to participate in the forex market in accordance with their faith's principles. It's a unique adaptation that aligns financial activities with religious guidelines.
How to Choose a CFD Broker for Swap-Free Trading in Malaysia?
Choosing a CFD broker for swap-free trading in Malaysia can be a daunting task for beginners. It's not just about finding a broker; it's about finding the right one that aligns with your needs and complies with legal standards. Here's a guide to help you navigate this decision:
Regulation
Always look for a broker regulated by a recognized financial authority in Malaysia. Regulation ensures that the broker follows legal and ethical standards, providing a safety net for your investments. It adds a layer of trust and accountability that's crucial for any trader.
Trading Conditions (Fees, Spreads Comparison)
Understanding the fees and spreads is vital. Compare different brokers on these factors to find the one that offers the most competitive rates. Lower spreads and transparent fees will help you in maximizing your profits. It's all about finding a balance between cost and service quality.
Passive Income Options (Copy Trading, PAMM)
If you're interested in passive income, look for brokers offering options like copy trading or PAMM (Percentage Allocation Management Module) accounts. Copy trading allows you to mimic the trades of successful traders, while PAMM enables you to invest money with experienced traders managing it. These options can be a great way to learn or even earn without actively trading.
Customer Support
Consider the customer support service of the broker. Quick, responsive, and helpful customer support can make your trading experience smooth and hassle-free. Whether it's technical assistance or guidance on trading strategies, you'll want support that's there when you need it.
Platform and Tools
Finally, examine the trading platform and tools offered by the broker. User-friendly platforms with intuitive interfaces, advanced charting tools, and real-time market data are essential for effective trading. These tools will not only enhance your trading experience but also contribute to better decision-making.
Who Should Use Swap-Free Accounts?
Swap-free accounts cater to a specific audience within the trading community, designed with certain principles and considerations in mind.
Here's a brief look at who might benefit from these accounts:
-
Muslim Traders: As swap-free accounts eliminate interest, they are aligned with Shariah law, making them suitable for Muslim traders who wish to engage in forex trading without violating their religious beliefs.
-
Islamic Investors: Islamic investors seeking to invest according to Islamic finance principles may opt for swap-free accounts. These accounts ensure that investments comply with the ethical and moral guidelines set by Islamic law.
-
Traders in Countries with Islamic Finance Principles: In countries where Islamic finance principles are prevalent, traders may find swap-free accounts more appealing and in line with the general financial practices of the region.
-
Investors with Ethical Considerations: Some investors might be drawn to swap-free accounts due to ethical considerations regarding interest. They may perceive the elimination of interest as a more transparent and ethical way of trading.
-
Long-Term Investors: Swap-free accounts do away with overnight interest charges. Long-term investors, who hold positions over extended periods, may find these accounts beneficial as they won't incur additional costs related to holding positions overnight.
Summary
Many brokers are available for traders from Malaysia, but not all of them offer good conditions. In this review, TU experts chose the Best cfd brokers for swap-free trading in Malaysia 2025. These are the most trusted companies that offer the best conditions for traders. You will also be able to review the general assessment of each broker.
Overall score of the best CFD Brokers For Swap-Free Trading in Malaysia
| XM Group | RoboForex | Markets4you | HFM | LiteFinance | |
|---|---|---|---|---|---|
|
Overall score |
9 |
8.9 |
8.3 |
7.09 |
7.87 |
|
Execution of orders |
9.35 |
8.95 |
8.65 |
9 |
7 |
|
Investment instruments |
9.2 |
4.9 |
6.8 |
10 |
9.4 |
|
Withdrawal speed |
7 |
8 |
5 |
8 |
8 |
|
Customer Support work |
8.7 |
9.6 |
8.5 |
5.42 |
6.9 |
|
Variety of instruments |
8.02 |
9.02 |
5.77 |
7.37 |
8.75 |
|
Trading platform |
8.9 |
9.2 |
9.22 |
8.95 |
7.43 |
|
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FAQ
Which forex broker has no swap fee?
RoboForex is a well-known forex broker that offers swap-free accounts. These accounts are designed to avoid any swap or rollover charges on overnight positions, aligning with the needs of various traders.
Is swap free good?
Swap-free trading can be a good option for traders who want to avoid interest charges on overnight positions. It is particularly appealing to those adhering to Islamic finance principles or seeking transparency in their trading costs.
How can I avoid swap fees?
You can avoid swap fees by choosing a broker that offers swap-free or Islamic accounts. These specialized accounts eliminate the swap charges, making it suitable for those who want to trade without incurring overnight interest.
What learning instruments can a broker offer?
Brokers offer various educational options. These include full-fledged educational courses, or video tutorials, articles, and books. Companies also often hold seminars and webinars.
What commissions and fees should I take into consideration when I am choosing a broker?
The commissions and fees in the financial markets are divided into trading and non-tradings ones. Trading fees are the fees that are charged directly during trading (spread, commission per lot, etc.), while non-trading fees are the ones charged outside the trading process (for example, account fee, inactivity fee, deposit and withdrawal fee).
Does the choice of a beginner differ from the choice of an experienced trader?
Yes. A novice trader should primarily consider the availability of educational tools and a demo account, as well as basic assets. A more experienced trader is interested in wider opportunities on advanced account types, a wider choice of instruments for technical analysis, and a greater number of trading instruments.
Can you earn passive income in the financial markets?
Yes, the best brokers in Malaysia offer passive income options. These could include copy trading, PAMM accounts, managed portfolios, etc.
Best CFD Brokers For Swap-Free Trading by Countries
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Team that worked on the article
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 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.