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 stock brokers for beginners in Malaysia 2026. You can compare their features and trading conditions.
1
eToro - Best for beginners in Malaysia
The eToro broker was founded in 2007. The company promotes itself as a social trading platform working with traders from over 140 countries. The broker has several divisions operating under different jurisdictions and licensed by different regulators. For example, eToro (Europe) is licensed by the Cypriot regulator CySEC (109/10) and eToro (UK) is licensed by the British regulator FCA (583263). The broker also has a representative office in Australia and the USA.
👍 Advantages of trading with eToro for traders from Malaysia:
•High level of reliability ensured by the licenses of respected regulatory authorities and participation in the compensation funds.
•Wide selection of assets quoted at stock exchanges in the UK, U.S., Australia and Asia.
•An opportunity to combine active trading with social trading and passive investing.
•Zero-fee trading of a number of stocks.
•Access to ready-made diversified asset portfolios with various risk levels.
•Provision of leverage, educational materials on various markets and user-friendly trading platforms that can run on any device.
•Zero fees for portfolio management, depositing funds and account maintenance.
👎 Disadvantages of eToro for traders from Malaysia:
•High minimum deposit for users of a number of countries.
•No live chat on the website for quick connection to customer support.
2
Easy Equities - Best for beginners in Malaysia
Easy Equities (EasyEquities) is a US stock broker providing financial services in the international market. The company opens access to South African, American and Australian markets and provides an opportunity to trade fractional shares. Investors can choose an individual or corporate account and there are also accounts for children. EasyEquities is a part of two licensed financial services companies — First World Trader and Purple Group.
👍 Advantages of trading with Easy Equities for traders from Malaysia:
•Demo accounts with two base currencies to choose from: USA and ZAR.
•Low trading commissions and zero non-trading fees.
•An account for children under age.
•No required minimum deposit amount.
•A possibility to invest independently or use investment offers of the broker.
•Residents of the majority of countries can open an account with the broker.
•Fractional shares are among trading instruments available to traders.
👎 Disadvantages of Easy Equities for traders from Malaysia:
•Deposit and withdrawal take several days.
•The broker offers very few methods of contacting customer support.
•There is no information about the authorities regulating the operation of Easy Equities.
3
TradeZero - Best for beginners in Malaysia
TradeZero is a Bahamian broker that provides its clients with access to the interbank market for stock trading. The platform allows you to trade limit orders for NYSE, Amex, and Nasdaq securities for free. Leverage, depending on the parameters of the order, ranges from 1:2 to 1:6. There are no templates for day trading. The broker has developed four trading platforms - ZeroPro, ZeroWeb, ZeroFree, and ZeroMobile, which make it possible to trade with maximum comfort, regardless of the level of the trader and his preferences. The platforms integrate technical analysis tools, news, and analytics.
👍 Advantages of trading with TradeZero for traders from Malaysia:
•The broker allows you to trade all stocks that are listed on the NYSE, Amex, and Nasdaq exchanges.
•In addition to shares, trading in ETFs and options is available on objectively favorable terms.
•Limit orders greater than $1 and containing up to 200 shares are not subject to commission.
•The broker has proprietary software for working from a desktop, in a browser, and on a mobile device.
•Transparent pricing policy, fixed deposit/withdrawal commissions.
•No commissions on the first deposit.
•The broker provides an extensive pool of educational materials for traders of different levels.
•Fast technical support in live chat, and there is a multi-channel call center and email.
👎 Disadvantages of TradeZero for traders from Malaysia:
•The minimum deposit is $500. It does not charge a commission, but this is a significant amount, which sometimes repels beginners.
•Use of the ZeroPro and ZeroWeb software with professional functions $59 per month.
•Technical support is not around the clock or on weekends.
•Service priority is given to premium accounts.
4
Interactive Brokers - Best for beginners in Malaysia
Interactive Brokers is among the best-known global online brokers. Based in the US, it has been operating since 1977. Interactive Brokers allows clients to trade products from 160 exchanges including stocks, option, currencies, bonds, funds and more from a single unified platform. The company is regulated by the US Securities and Exchange Commission (SEC), the US Financial Industry Regulatory Authority (FINRA), the UK Financial Regulatory Authority (FCA, 208159), and other international financial regulation commissions. Interactive Brokers has earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, Stockbrokers.com,and many others. Also, the broker is popular in other countries. Here you can read reviews of Interactive Brokers in Canada, Singapore, Australia, Hong Kong, Ireland.
👍 Advantages of trading with Interactive Brokers for traders from Malaysia:
•extensive and free educational resources through the IBKR Campus;
•access to160markets in 36 countries and territories;
•trading in stocks, options, futures, currencies, bonds, funds and more from a single unified platform.
👎 Disadvantages of Interactive Brokers for traders from Malaysia:
•Support service does not work on Saturday;
5
Collective2 - Best for beginners in Malaysia
The Collective2 brokerage company started its operations in 2001. It was founded by the American businessman Matthew Klein. It is a member of the NFA 0401602 (National Futures Association) and is regulated by the CFTC (Commodity Futures Trading Commission). The company is headquartered in New York. Today, Collective2 is a global platform that unites successful traders and investors who prefer to make money from sharing trading strategies. The broker provides services for over 100,000 active and passive clients in the stock market.
👍 Advantages of trading with Collective2 for traders from Malaysia:
•The broker is registered with the Commodity Futures Trading Commission that regularly monitors its business transactions concerning its clients.
•The commission paid to the managing traders for their trading strategies is 50%.
•If necessary, you can make trades by phone.
•Collective2 technology is compatible with 16 brokers.
•By popular demand, the broker integrated multiple trading platforms.
•Weekly webinars feature highly topical Forex issues.
👎 Disadvantages of Collective2 for traders from Malaysia:
•There are no cent accounts.
•You can’t withdraw funds using e-payment systems.
•Sometimes you have to wait for a long time for a response from the support team.
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.
eToro Commissions and Fees
Registration on the eToro platform is free. The broker does not charge a fee for opening and closing long positions on stocks quoted at the US stock exchanges. The stocks of other markets are available as derivatives, with eToro charging a trading fee on them in the form of the spread. Also, the fees are applied to short positions and leveraged orders. The company accepts and allows withdrawals of only US dollars. If a client deposits or withdraws another currency, it is converted into USD at a fee of 0-50 pips. Members of eToro club get a 50-100% fee reduction on conversion. If a client shows no activity for a period of 12 month, the broker charges the inactivity fee of $10. There is no deposit fee. eToro charges $5 on each withdrawal.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard |
$5 |
Yes |
|
Pro |
from $1.1 |
$5 eToro’s fee + the fees of payment systems |
Easy Equities Commissions and Fees
Traders Union analyzed Easy Equities trading and non-trading commissions and fees. Easy Equities does not charge non-trading fees (for funding the account, using the trading platform, account servicing). Trade execution fee is 0.25%, minimum commission is USD 0.01. Withdrawal fee depends on the base currency of the account. Specifically, traders who use ZAR as their base currency do not pay a withdrawal fee, while for international withdrawals in USD the fee is set by the bank.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
ZAR |
from $0.01 |
No withdrawal fee, on withdrawals in USD the fee is charged and its amount depends on the bank, through which the transaction is performed |
|
USD |
from $0.01 |
No withdrawal fee, on withdrawals in USD the fee is charged and its amount depends on the bank, through which the transaction is performed |
|
AUD |
from $0.01 |
No withdrawal fee, on withdrawals in USD the fee is charged and its amount depends on the bank, through which the transaction is performed |
|
TFSA |
from $0.01 |
No withdrawal fee, on withdrawals in USD the fee is charged and its amount depends on the bank, through which the transaction is performed |
|
RA |
from $0.01 |
No withdrawal fee, on withdrawals in USD the fee is charged and its amount depends on the bank, through which the transaction is performed |
|
EasyProperties |
from $0.01 |
No withdrawal fee, on withdrawals in USD the fee is charged and its amount depends on the bank, through which the transaction is performed |
TradeZero Commissions and Fees
All limit orders with a share value of $1 or more and a volume of up to 200 shares are commission-free. All other orders are subject to a commission of $0.005 per share. The cost of the option contract is $0.59, the OOS commission is $0.055, and the ORF fee is $0.0388 per contract. The commission for all deposits (except the first) is fixed at $25, and for all withdrawals, it is $50. Trades involving a broker are subject to a fee of $30. For paid software (ZeroPro and ZeroWeb), the company charges $59 each month.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard |
From $1 |
Yes |
|
Premium |
From $1 |
Yes |
Interactive Brokers Commissions and Fees
Traders Union analysts have verified Interactive Brokers for hidden fees and assessed the commission level in the company. You can withdraw funds for free once a month; if you withdraw funds more often, you’ll have to pay a fee, the amount of which varies depending on the base currency of the account and the payment system.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Real |
From $2 |
Depending on the currency and withdrawal method |
Collective2 Commissions and Fees
The experts at Traders Union examined Collective2 for explicit and hidden commissions and found the following. The broker provides a two-week trial period. After it expires, you should purchase one of the packaged services. It cost from $19 to $99. Moreover, the company charges a trade opening fee of 2%. There is no commission for opening an account, replenishing a deposit, or withdrawing funds from Collective2.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Starter |
From $2 |
No |
|
Basic |
From $2 |
No |
|
Premium |
From $2 |
No |
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 stock brokers for beginners 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 Stock Brokers For Beginners in Malaysia
| eToro | Easy Equities | TradeZero | Interactive Brokers | Collective2 | |
|---|---|---|---|---|---|
|
Overall score |
7.56 |
3.94 |
3.83 |
6.88 |
4.93 |
|
Execution of orders |
9.1 |
5.44 |
4.79 |
6.45 |
6.99 |
|
Investment instruments |
10 |
5.9 |
5.4 |
10 |
7.4 |
|
Withdrawal speed |
5 |
5.5 |
4.9 |
9 |
7.1 |
|
Customer Support work |
9.3 |
5.8 |
5.2 |
6.5 |
7.4 |
|
Variety of instruments |
7.2 |
5.28 |
4.63 |
7.34 |
6.83 |
|
Trading platform |
9.8 |
6 |
5.4 |
5.6 |
7.6 |
|
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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.
Why is a license important for a broker?
License is the key document testifying to the broker’s reliability. It means that the company complies with the requirements of the financial regulatory authority that issued it. It is recommended that you choose brokers with licenses from top financial regulators: the USA, European Union, the UK, as these jurisdictions have the strictest licensing requirements.
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 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 Stock Brokers For Beginners 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.
