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 2026. You can compare their features and trading conditions.
1
XM - Best for swap-free trading in Malaysia
XM is a globally recognized broker, operating in nearly 190 countries and serving over 15 million traders. In 2025, the company marks its 15th anniversary. It provides access to more than 1,400 trading instruments, including Forex pairs, stocks, commodities, cryptocurrencies, and precious metals. Licensed by CySEC (Cyprus), FSCA (South Africa), DFSA (Dubai), FSC (Belize), FSA (Seychelles), FSC (Mauritius), CMA (Kenya) and SCA (United Arab Emirates), XM offers a secure and regulated trading environment.
The broker ensures high-speed order execution without requotes, with 99.35% of trades executed almost instantly. Leverage is up to 1:1000 in some non-EU countries, while strict European compliance applies in other regions, and spreads start from 0.8 pips.
XM runs multiple bonus programs, adapts trading conditions to each client’s country, and provides negative balance protection. Accounts are available for traders of any level and strategy, and for passive income, the broker offers a copy trading platform for investors as well as experienced traders willing to share their strategies.
👍 Advantages of trading with XM for traders from Malaysia:
•Regulation in six jurisdictions;
•Accounts designed for different strategies and levels of trader experience;
•Minimum deposit of $5;
•Various bonuses, trading competitions, and an affiliate program;
•100% order execution;
•No markup on tight market spreads;
•Access to more than 1,400 instruments;
•No deposit or withdrawal fees;
•24/7 multilingual support in over 30 languages.
👎 Disadvantages of XM for traders from Malaysia:
•Copy trading and stock trading accounts are not available in all countries.
2
Pepperstone - Best for swap-free trading in Malaysia
Pepperstone (Pepperstone.com) was founded in 2010 in Melbourne, Australia, by professional traders who were not satisfied with the quality of services provided by most brokers. The founders decided to avoid many of the disadvantages of competitors, including high commissions, delayed execution of orders, etc. The founders therefore focused on improving the technical component. The company has set itself the goal of changing the “rules of the game” and setting the bar high for online trading.
Today, Pepperstone offers clients all over the world some of the best technological solutions and favorable trading conditions. The company also provides professional tools that help traders not only master the fine art of trading, but also significantly increase trading efficiencies. In addition, Pepperstone’s platform is scrutinized by seven regulatory authorities, including ASIC (Australian Securities and Investments Commission, AFSL No.414530), FCA (UK Financial Conduct Authority, 684312), DFSA (F004356), BaFin (151148), CMA, SCB (SIA-F217), and CySec (388/20). Moreover, with Pepperstone, clients' assets are maintained in aggregated accounts with several major, global banking institutions.
👍 Advantages of trading with Pepperstone for traders from Malaysia:
•Attractive trading conditions.
•Fast order execution - 30 ms on average.
•1,200+ trading instruments.
•Low fees.
•No inactivity fee.
•Support service works only 24/7.
👎 Disadvantages of Pepperstone for traders from Malaysia:
•No cent account.
•Not available to US clients.
•Limited passive trading opportunities.
•Limited analytical materials available on the site.
•No news section.
•Demo accounts can trade for free for 60 days.
3
Exness - Best for swap-free trading in Malaysia
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 1 million 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 from Malaysia:
•Availability of 8 licenses;
•Wide choice of account types;
•Wide range of CFDs;
•Zero deposit and withdrawal fees;
•Proprietary platforms for active and social trading.
👎 Disadvantages of Exness for traders from Malaysia:
•No educational materials;
•24/7 support isn’t available in all languages.
4
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.
5
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;
•the broker has an insurance for $10 million;
•there are cent accounts;
•customer support responds to customer inquiries within 8 hours 24/7.
👎 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.
TOP 5 Comparison
This table makes it easy to compare the best cfd brokers for swap-free trading in Malaysia for 2026 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 | Pepperstone | Exness | LiteFinance | Markets4you | |
|---|---|---|---|---|---|
|
Trading platform |
MT4, MT5, Mobile Trading, XM App |
MT4, Mobile Trading, WebTrader, cTrader, MT5, TradingView |
Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 |
MT4, MT5, MultiTerminal, Sirix Webtrader |
MT4, Mobile Trading, MT5 |
|
Min deposit |
$5 |
$1 |
$10 |
$10 |
No |
|
Leverage |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:10 |
|
Trust management |
No |
No |
No |
Yes |
No |
|
Accrual of % on the balance |
No |
No |
No |
7.00% |
No |
|
Spread |
From 0.8 points |
From 0 points |
From 0 points |
From 0.5 points |
From 0.1 points |
|
Level of margin call / stop out |
No |
No |
No |
No |
No |
|
Execution of orders |
Market Execution |
Instant Execution |
Market Execution, Instant Execution |
Market Execution, Instant Execution |
Market Execution, Instant Execution |
|
No deposit bonus |
$30 |
No |
No |
No |
No |
|
Cent accounts |
No |
No |
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 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 |
Pepperstone Commissions and Fees
Pepperstone’s commissions and fee structure has been reviewed by our professional analysts for trading and non-trading commissions. The company's spread was considered as a trading commission. Our professional analysts also categorized additional fees charged for withdrawing funds as non-trading commission additional fees.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Razor |
From $0 |
No |
|
Standard |
From $1 |
No |
Exness Commissions and Fees
Exness charges only trading fees. These are spreads on Standard and Pro accounts and spreads + fees per lot on Raw Spread and Zero accounts. The company doesn’t withhold non-trading fees.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard Cent |
$0.3 |
No |
|
Standard |
$3 |
No |
|
Standard Plus |
$10 |
No |
|
Raw Spread |
$0 |
No |
|
Zero |
$0 |
No |
|
Pro |
$1 |
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 |
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 |
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 2026. 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 | Pepperstone | Exness | LiteFinance | Markets4you | |
|---|---|---|---|---|---|
|
Overall score |
9.3 |
9.25 |
9.1 |
7.64 |
8.45 |
|
Execution of orders |
9.35 |
9.15 |
9.6 |
7 |
8.65 |
|
Investment instruments |
10 |
10 |
8.1 |
9.4 |
6.8 |
|
Withdrawal speed |
7 |
7 |
7 |
8 |
5 |
|
Customer Support work |
9.6 |
7 |
9.9 |
6.9 |
8.5 |
|
Variety of instruments |
8.02 |
6.32 |
8.02 |
8.25 |
6.21 |
|
Trading platform |
8.9 |
7.3 |
7.2 |
7.4 |
9.2 |
|
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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.
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.
What factors are important when you are choosing a broker?
When you are choosing a broker, it is important to make sure it is a reliable company, consider its fees, the list of trading instruments, deposit and withdrawal methods and other factors. It is important to study a broker in detail, before opening an account with it.
Is it possible to work with offshore brokers?
It is best not to work with offshore brokers. However, if you have chosen such a company, you need to check and analyze it very thoroughly. There are offshore brokers with good reputations. Before you start working with such a company, deposit the minimum amount and start trading. Once you’ve worked with the broker for a little while and checked how it operates and how quickly it processes withdrawals, you can start depositing higher amounts.
What are the risks of trading in the financial markets?
Any trading in the financial markets carries risks of losing your money due to asset volatility. Therefore, it is important to develop the rules of risk management in your strategy and strictly follow them.
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.
