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 Online Brokers in Malaysia for 2026. Five companies that enjoy huge popularity in Malaysia were selected and compared between each other.
1
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 28 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.
2
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.
3
eToro - Best in Malaysia for 2026
You can use eToro to invest in more than 3,000 stock assets, including at zero fee. The minimum deposit and leverage vary depending on the country of registration of a trader. Trading is available in mobile apps and on the web platform on any device. You can deposit and withdraw money via bank transfer and electronic payment systems. The broker offers margin trading, various bonuses and partner rewards.
4
Easy Equities - Best in Malaysia for 2026
Easy Equities provides opportunities for active and passive investing. The broker works with traders from different countries and provides a possibility to earn a profit to users who have no stock trading experience. Easy Equities provides access to the following instruments: stocks, ETFs, ETN, mutual funds and IPO. The broker offers individuals, corporate, savings and kids accounts. There are three account currencies: USD, AUD, ZAR. The instruments available to the client depend on the chosen account currency: American, Australian, South African. The broker also offers its clients Baskets and Bundles investment instruments, which make the investing process easier or automated. The trading is carried out on the broker’s proprietary platforms; the mobile application is available for iOS and Android.
5
TradeZero - Best in Malaysia for 2026
At the moment, TradeZero has one of the most favorable conditions among stock brokers. The company allows you to trade a variety of assets, including stocks, ETFs, and options. Leverage of up to 1 to 6 makes it possible to rely not only on your own funds but also to quickly increase capital. An important advantage is the presence of two free platforms of proprietary development, including a mobile application that is not inferior in functionality to the desktop version. No commissions are charged for limit orders up to 200 shares.
TU Expert Review for the best Online 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 Online Brokers in Malaysia is posted below.
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.
eToro - TU Expert Review
eToro is an international brokerage company offering services all across the world. Every registered office adjusts the conditions to suit local traders to enable them to trade on beneficial conditions. The minimum deposit starts from $50 USD and variates depending on the country of residence of a trader. In particular, the minimum deposit for residents of the US, the UK and France is $100 USD. The broker provides retail clients with a negative balance protection and restrictions on opening positions with insufficient margin. The clients can also contact the Financial Ombudsman Service. Investments of traders from a number of European countries are protected by compensation funds. The leverage on eToro varies depending on the type of asset and the registered office chosen for trading. In particular, traders, who chose the office regulated by CySEC or FCA can trade indices with a leverage of 1:10-1:20, ETFs – 1:5. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk
Easy Equities - TU Expert Review
Easy Equities (EasyEquities) is an international broker offering services to investors from different countries. The company has no restrictions based on the level of professionalism and offers optimal investing conditions that are suitable both to novice market players and to professionals. Specifically, the broker offers its clients pre-selected portfolios of stocks, which can be adjusted, if desired, and used to earn income. EasyEquities offers several accounts to choose from, including accounts for active trading, savings account, and an account for trading fractional shares in properties. There are also kids’ accounts. There are no limitations on the deposit amount; an investor can deposit any amount of money. In addition to stocks, investors are offered mutual funds and ETFs, ETN, IPO, crypto. Transaction fee is only 0.25% from the transaction amount; a minimum of USD 0.01. Easy Equities does not charge non-trading fees. However, when performing financial transactions, investors need to keep in mind that this process takes 2-3 working days on average. You also need to be attentive when withdrawing money from an international account, because the withdrawal fee is set by the bank the investor uses. There are not too many ways to contact the broker’s customer support and you cannot contact the company instantly.
TradeZero - TU Expert Review
The broker is headquartered in the Bahamas and is licensed by Lloyds of London and Bahamas First General, the latter of which is rated A by AM Best. Investor funds are insured. The broker complies with tax reporting and works transparently, there are no facts of fraud or violation of the law. Traders can work with stocks, ETFs, and options. All the most popular stocks from the NYSE, Amex, and Nasdaq lists are available. Work with assets is carried out through one of four terminals, all of which are developed and supported by TradeZero specialists. Two terminals are free, including a mobile one. Paid terminals include web and professional versions. They differ in the available functions, such as the number of windows and additional tools. Among the advantages of the broker, one can note a large selection of assets, fixed commissions, convenience, and functionality of terminals. Disadvantages include an initial deposit of $500 and the presence of commissions for depositing funds. It is also worth noting that technical support does not work on weekends, and on weekdays it is only available until 5:00 pm, Eastern time. In general, the broker offers good conditions that stand out when compared with its many competitors. The platform can be recommended to both novice investors and professionals. As for beginners, a large number of high-quality training materials can be considered a clear advantage.
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 Online Brokers in Malaysia 2026 and will be able to evaluate the pros and cons of its closest competitors.
Overall score of the best Online Brokers in Malaysia
| RoboForex | CapTrader | eToro | Easy Equities | TradeZero | |
|---|---|---|---|---|---|
|
Overall score |
8.28 |
9.2 |
8.4 |
5.65 |
5.05 |
|
Execution of orders |
8.95 |
8.9 |
9.1 |
5.44 |
4.79 |
|
Investment instruments |
4.7 |
9.5 |
10 |
5.9 |
5.4 |
|
Withdrawal speed |
8 |
9.3 |
5 |
5.5 |
4.9 |
|
Customer Support work |
9.6 |
9.1 |
9.3 |
5.8 |
5.2 |
|
Variety of instruments |
9.2 |
8.8 |
7.2 |
5.28 |
4.63 |
|
Trading platform |
9.2 |
9.6 |
9.8 |
6 |
5.4 |
|
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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.
How much money do I need in order to start working in the financial markets?
The initial capital depends on the assets you plan to trade. However, in the majority of cases, $300-500 is a good amount for a start.
Can you earn passive income in the financial markets?
Yes, the best brokers of Malaysia offer passive income options. These could include copy trading, PAMM accounts, managed portfolios, etc.
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 Online Brokers by Countries
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.