Trading in financial markets requires the right choice of a broker, as security of traders’ funds, profit/loss and opportunities depend on it. Before you start working with a company, it is important to comprehensively assess it. Traders Union analysts have already done it for you. The experts prepared a review of the Best ETF Brokers in Malaysia for 2026. Five companies that enjoy huge popularity in Malaysia were selected and compared between each other.
1
Pepperstone - Best in Malaysia for 2026
Pepperstone is distinguished by favorable trading conditions. The minimum trade volume is 0.01 lots, and spreads start at 0.0 pips. Also, Pepperstone offers over 1,200 different trading instruments where trade orders are executed quite quickly - within 30 ms on average. The ability to auto copy trades is also provided.
2
RoboForex - Best in Malaysia for 2026
RoboForex bonus programs are the company's strong points. Every trader gets a $30 Welcome Bonus, if they deposit $10 or more to their account. Additional bonuses include 5%-15% cash back on the fees depending on the trading volume, as well as additional 10% extra funds for more than 1,000 traded.
The minimum deposit on all accounts except R StockTrader is $10. The minimum deposit for trading stocks on the R StocksTrader and copying trades on the Copy Trading service is $100. The spread on Prime and ECN accounts is floating, from 0 pips, on Pro and ProCent accounts – floating from 1.3 pips. You can trade 40 currency pairs, metals and CFDs on this type of account.
For trading, RoboForex has available the following applications: MetaTrader 4, MetaTrader 5, and R StocksTrader, as well as its web terminal, on which you can work on real and demo accounts.
Leverage is up to 1:300-1:500 depending on the account type, as required by the regulatory authorities. The leverage on the cent account is up to 1:2000. On standard accounts, manual increase of leverage to 1:2000 is possible during registration, but this option is subject to certain rules. This parameter is appreciated by experienced traders and amateurs of aggressive trading. With RoboForex, you can earn not only on trading but also on the affiliate program, making a profit from users you have referred to a broker. Multilingual support helps market participants solve their pressing problems 24/7.
3
CapTrader - Best in Malaysia for 2026
CapTrader offers its clients access to trading over 70,000 assets and trading instruments, including currency pairs, stocks, ETFs, mutual funds, commodities, futures, options and CFDs. Marginal trading is available and the leverage ranges from 1:5 to 1:20. The broker’s clients can test the platform and the trading conditions of CapTrader using a free demo account.
4
4XC - Best in Malaysia for 2026
4XC combines advanced technology and innovation in its business approach. 4XC is duly licensed by the Financial Supervisory Commission. The company operates under strict regulations to keep customer accounts secure and protected. 4XC is a customer-oriented company, and offers professional customer support 24/5. 4XC ensures no interference with customer trades, and offers a range of benefits, including spread starting as low as 0.0 points, leverage of up to 1:500, daily withdrawal available, and fast order execution.
4XCis an execution-only broker with no dealing desk (NDD). It offers several account types and numerous payment methods to create a user-friendly environment for every customer.
5
HFM - Best in Malaysia for 2026
HFM trading conditions can be attributed to a high level of competitiveness. A low minimum deposit and a leverage of up to 1:2000 provide opportunities for clients to use several highly profitable strategic models and test the functionality of the account and terminal. The spread floats according to the trading conditions and the minimum spread is equal to 1 pip. However, for a Zero account, its minimum value is zero.
TU Expert Review for the best ETF Brokers in Malaysia
Financial expert and analyst at Traders Union
Anton joined Traders Union as a financial expert and analyst in 2013. He performs comprehensive internal testing of brokers as a trader. Essentially, Anton “test drives” brokers: he checks the operation of the website and user account, the speed and effectiveness of customer support team, stability of the software, deposit and withdrawal processing times, legal documents of companies and also all additional services (VPS, affiliate programs, contests, bonuses, educational programs, etc.). Based on the results of his “inspections”, he prepares expert conclusions about the operation of brokerage companies in the Forex, stock and binary option markets and also of the cryptocurrency exchanges.
His opinion as for the best ETF Brokers in Malaysia is posted below.
Pepperstone - TU Expert Review
Pepperstone is a notable trading company that caters to both beginners and seasoned traders, providing a robust platform for a seamless trading experience. For beginners, the user-friendly interface and comprehensive educational resources make it an ideal choice to embark on the trading journey. The availability of a demo account enables novices to practice strategies without real financial risk, fostering skill development. One of the standout features of Pepperstone is its commitment to regulation, holding licenses from reputable authorities like the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA). This regulatory adherence instills a sense of trust and security among potential traders, emphasizing the company's dedication to maintaining high industry standards. Pepperstone's diverse range of tradable instruments, including Forex, commodities, and cryptocurrencies, provides ample opportunities for traders at various levels. The competitive spreads and efficient order execution contribute to the appeal of the platform for both beginners and professionals. Moreover, the broker's commitment to customer support is evident through various channels, ensuring that traders have assistance when needed. However, potential traders should be mindful of associated fees, and it's advisable to review the terms and conditions thoroughly. In summary, Pepperstone emerges as a reliable and feature-rich trading platform suitable for both beginners and experienced traders, offering a blend of user-friendly interfaces and professional-grade tools.
RoboForex - TU Expert Review
Over the years, this broker has shown itself to be a reliable and trusted partner. RoboForex provides clients with the best conditions: tight spreads from 0 pips, the highest execution speed, and micro-accounts with a lot of 0.01. The positive feedback from real traders about RoboForex, instant withdrawal of funds, and operational support are what impress me about this broker. The brokerage company offers quality services to both beginners and seasoned traders. Over the years of cooperation with RoboForex, the broker has not received any significant claims against it. Therefore RoboForex is quite popular among Traders Union clients. All financial issues and claims on the broker's work are resolved by the company's representatives as quickly as possible and within minimum time. RoboForex always meets its clients and partners halfway. Following the mass of positive reviews about the work of roboforex.com, Traders Union recommends this company as a trusted broker with a high trust rating.
CapTrader - TU Expert Review
CapTrader is an example of how you can build a successful brokerage company based on the Introducing Broker partnership program. The company appeared in 1997 as a partner of the globally known brand Interactive Brokers and took all the best from it – a user-friendly account interface, trading platforms, Investor’s Marketplace platform, where professionals offer their services. CapTrader offers its clients one type of trading account, which makes trading conditions equal for all. The commission limits set by the broker are worth taking notice of. The minimum commission is USD 3.75. The broker also provides low leverage for retail traders. The broker has a professional analytical instrument Trading Workstation, and 3 types of trading platforms. There is automated trading and there are no limitations on trading strategies. CapTrader is regulated under the licenses of Interactive Brokers, namely by the regulators of Ireland and the UK. The broker also holds a license in Germany. It is an important factor in terms of reliability. Therefore, CapTrader is a reliable platform with a wide set of features, targeted primarily at the professional traders.
HFM - TU Expert Review
HotForex is now known as HF Markets, and refers to itself on its website as HFM (the website address is HFM.com). The name change may simply be due to the fact that HFM offers multi-market access, that it isn’t just limited to trading the forex market. Still, it can be a little confusing, as the company is still listed as HotForex on some websites. A primary draw at HotForex is the multi-market exposure it offers. About three dozen cryptocurrencies are available to trade. That’s in contrast to many forex brokers that only offer trading in a handful of cryptos. In addition to about 75 of the most widely traded stocks, HotForex clients also have exposure to approximately 30 ETFs and about a dozen market indexes. Bond trading is severely limited – only the Euro Bund, the UK Gilt, and the US 10-year Treasury Note. Here are three things I like about HotForex: 1. Choice of Spread or Commission Fees - A choice of spread-fees-only or commission-fees-only accounts; Commission fees are on the low end of industry averages, at $6 per standard forex lot round turn trade. 2. Tier 1 Regulated - Security for traders is enhanced by the fact that HotForex is regulated by multiple Tier 1 financial regulators, including the UK’s Financial Conduct Authority (FCA). 3. Strong Trader Education - HotForex provides beginning traders with extensive trader education resources, including video tutorials, webinars, and a full forex trading course; It also gives clients daily fundamental and technical market analysis reports.
Summary
Many brokers operate in Malaysia, but not all of them are reliable or offer attractive trading conditions. TU experts selected 5 companies and rated them based on collected data. By reviewing them, you will learn about the Best ETF Brokers in Malaysia 2026 and will be able to evaluate the pros and cons of its closest competitors.
Overall score of the best ETF Brokers in Malaysia
| Pepperstone | RoboForex | CapTrader | 4XC | HFM | |
|---|---|---|---|---|---|
|
Overall score |
7.8 |
8.28 |
9.2 |
7.28 |
7.76 |
|
Execution of orders |
9.15 |
8.95 |
8.9 |
7.15 |
6.74 |
|
Investment instruments |
10 |
4.7 |
9.5 |
4.7 |
10 |
|
Withdrawal speed |
7 |
8 |
9.3 |
7 |
8 |
|
Customer Support work |
7 |
9.6 |
9.1 |
9.3 |
9.2 |
|
Variety of instruments |
6.32 |
9.2 |
8.8 |
10 |
7.54 |
|
Trading platform |
7.3 |
9.2 |
9.6 |
5.5 |
5.1 |
|
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FAQ
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.
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 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.
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).
Best ETF Brokers 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.
