FBS in Malaysia: Is it Available and Legit?
As of July 2026, FBS is available to traders and investors in Malaysia. This accessibility confirms the broker's authorization to operate within Malaysia and its compliance with the necessary regulatory requirements.
Essential details of FBS services in Malaysia
FBS is accessible to traders and investors in Malaysia. Key highlights include:
- Malaysia residents can open an account with FBS
- FBS has earned an overall rating of 6.31/10 points according to our methodology.
- FBS received 9.2/10 points for regulation and safety.
- For more detailed information, see our comprehensive FBS review.
Is FBS a regulated broker? Is it safe?
FBS is a regulated Forex broker operating under the supervision of the following regulatory authorities:
| Regulator | Full Name | Country | Protection Fund | Regulation level |
|---|---|---|---|---|
|
|
Full Name Cyprus Securities and Exchange Commission | Country Cyprus | Protection Fund Up to €20,000 | Regulation level Tier-1 |
|
|
Full Name Financial Services Commission of Belize | Country Belize | Protection Fund No specific fund | Regulation level Tier-3 |
Is FBS safe to use in Malaysia?
A broker’s security is largely defined by its regulatory status. FBS is supervised by a Tier-1 authority, which is considered the highest level of oversight in the financial industry. Such brokers must comply with strict requirements on capital, transparency, and client fund protection. In addition, the presence of an Investor Compensation Fund and a proven track record in financial markets further strengthen trust. According to our methodology, FBS received a Regulation and safety score of 9.2/10, placing it among the most secure brokers.
Is Forex trading allowed in Malaysia? Is Forex taxable in Malaysia?
-
Licensing in Malaysia
-
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.
-
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
-
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.
FBS vs other regulated brokers in Malaysia
To provide a clear understanding of available options for traders in Malaysia, Traders Union compared FBS trading conditions with those of other regulated brokers accepting clients in the region.
| FBS | Fusion Markets | XM | ||
|---|---|---|---|---|
| Regulation | CySEC, FSC (Belize) | ASIC, VFSC, FSA | CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya) | |
| Minimum deposit | $5 | $1 | $5 | |
| Currency pairs | 74 | 90 | 57 | |
| Floating spread EUR/USD, min pips | 0.7 | 0.1 | 0.7 | |
| Floating spread EUR/USD, max pips | 1.3 | 0.4 | 1.2 | |
| Go to broker |
Study review
Your capital is at risk.
|
Go to broker
Your capital is at risk.
|
Go to broker
Your capital is at risk.
|
Why trust us
15+ years of independent market analysis
140+ evaluation criteria, reviewed by 50+ experts
Data-driven reviews of 200+ platforms, updated regularly
20+ industry awards & a wide network of global media partners
Learn more about our methodology and editorial policies.
Expert Advice
Editors' Top Picks and Insights
The crypto IPO problem: How high-profile listings became investor traps
U.S. Bitcoin reserve: Trump’s unrealized crypto promise
Aiming for leadership: Payment giants prepare a new stablecoin
Proof of Reserves: the new standard for cryptocurrency exchanges
Three trends that could reshape the crypto market over the next decade
Trump financial disclosure: How the president's crypto income became a U.S. ethics issue
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.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK.