Deriv in Malaysia: Is it Available and Legit?
As of July 2026, Deriv is not available to clients in Malaysia. This likely indicates that the broker either lacks the necessary regulatory authorization based on our analysis or has explicitly excluded Malaysia from its service areas.
Top 5 Deriv alternatives in Malaysia
Unfortunately, Deriv is not authorized to operate in Malaysia according to our analysis. However, there are excellent alternative options available for residents of Malaysia. We selected them based on the following criteria:
- The broker accepts clients from Malaysia
- The broker holds at least one Tier-1 regulatory license.
- The broker has a high overall score according to our methodology.
- The broker offers competitive trading conditions.
| Fusion Markets | XM | Pepperstone | InstaForex | FxPro | ||
|---|---|---|---|---|---|---|
| TU Overall Score | 9.2 | 9.3 | 9.25 | 9 | 8.6 | |
| Regulation and safety Score | 9.2 | 10 | 10 | 9.3 | 10 | |
| Regulation | ASIC, VFSC, FSA | CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya) | ASIC, FCA, DFSA, BaFin, CMA, SCB, CySec | BVI FSC, CySEC | FCA, CYSEC, FSCA, SCB, FSA (Seychelles) | |
| Minimum deposit | $1 | $5 | $0 | $1 | $100 | |
| Currency pairs | 90 | 57 | 90 | 110 | 70 | |
| Floating spread EUR/USD, min pips | 0.1 | 0.7 | 0.5 | 3 | 0.9 | |
| Floating spread EUR/USD, max pips | 0.4 | 1.2 | 1.5 | 7 | 1.7 | |
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Is Forex trading regulated in Malaysia? Is Forex taxable in Malaysia?
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Licensing in Malaysia
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Forex trading in Malaysia is regulated by the Securities Commission Malaysia (SC) under the Capital Markets and Services Act 2007. The regulatory framework aims to ensure market integrity, investor protection, and financial stability in the Forex market. Investors should trade with licensed brokers, conduct due diligence, and stay informed about their rights and protection to mitigate risks associated with Forex trading.
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Investor protection in Malaysia
Forex investors in Malaysia are protected by the Securities Commission Malaysia (SC), which regulates the Forex market and ensures the integrity of the financial system. Malaysia has policies to protect Forex investors:
- licensing of Forex brokers
- restrictions on Forex trading
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Taxation in Malaysia
Forex taxation in Malaysia is governed by the Inland Revenue Board Malaysia (IRBM), which administers the country's tax laws. Forex traders are required to report their trading income to the IRBM and pay income tax on their profits at the applicable tax rates. Malaysia has progressive income tax rates, ranging from 0% to 30%, depending on the individual's total taxable income.
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Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.
Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.