Best Trading Platforms In Malaysia For 2025

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Go to broker’s website Plus500 Overview

If you're too busy to read the entire article and want a quick answer, the best trading platform in Malaysia is Plus500. Why? Here are its key advantages:

Is legit in your country (Identified as United States )
Has a good user satisfaction score 6.83 out of 10
A wide range of trading instruments, including Forex, stocks, commodities, and cryptocurrencies, allowing for diversified investments.
Competitive trading fees and tight spreads to help maximize profits.

Go to broker’s website Plus500 Overview

Below, we'll explain in more detail why we believe this and how brokers were evaluated.

Best platforms for trading in Malaysia:

Plus500 - Best premium client support (personal manager, exclusive analysis, webinars)
Pepperstone - Best for scalping strategies (spread from 0 pips)
OANDA - Best for trading with advanced technical analysis tools (TradingView charts support)
FOREX.com - Diverse range of tradable assets (80+ currency pairs)
Interactive Brokers - Best broker for international investors (assets from 33 countries, 150+ markets)
IG Markets - Favorable Forex trading conditions (0 fees, avg. EUR/USD spread - 0.8)

Malaysia offers plenty of trading platforms, but choosing the right one can make a real difference, whether you're just starting or already experienced. This guide breaks down the top trading platforms in Malaysia for 2025, focusing on low fees, global stock access, and key features that matter to traders. You'll also find practical tips on picking the best platform and getting started without unnecessary confusion.

Best trading platforms in Malaysia

We have researched the market and shortlisted the best trading platforms available in Malaysia. You can compare them through the table below and make your choice:

Best trading platforms in Malaysia
	Tradable assets	Min. deposit, $	TU overall score	Open an account
Octa	277	25	8.2	Open an account Your capital is at risk.
Eightcap	800	100	9.2	Open an account Your capital is at risk.
XM Group	1400	5	9.1	Open an account Your capital is at risk.
RoboForex	12000	10	9	Open an account Your capital is at risk.
VT Markets	1000	100	8.7	Open an account Your capital is at risk.
TeleTrade	300	10	8.69	Open an account Your capital is at risk.

Top company reviews

9.4/10

Go to broker

Your capital is at risk.

Minimum deposit:

$25

Deposit Bonus:

50%

Regulation:

MISA, FSC (Mauritius)

Review

Octa is a reputable broker that offers competitive trading conditions on 300+ instruments, with spreads from 0.6 pips and zero non-trading commissions. The broker provides access to popular MT4/5 trading platforms and a proprietary OctaTrader platform with advanced features.
The company offers bonuses, contests, and a comprehensive education section to enhance traders' skills. With a strong focus on the Asia-Pacific region and a growing global presence, Octa has earned numerous awards for its services.
While passive investment options are limited to copy trading, Octa's overall trading environment and excellent customer support make it an attractive choice for traders seeking a reliable and user-friendly experience.

Pros/Cons

•Offers proven platforms for trading such as MetaTrader 4, MetaTrader 5 and OctaTrader.

•Tight spreads from 0.6 pips and no non-trading commissions from the broker for deposits or withdrawals of funds.

•Wide trading opportunities including a variety of assets and access to a service for copying trades.

•Available minimum deposit. To start trading, you need to deposit at least $25 into your account.

•Execution of more than 97% of orders without slippage.

•The ability to choose the type of spread (floating or fixed) on MT4 accounts and MT5.

•Octa provides its own trading platform - OctaTrader with Space, a smart feed with trading ideas and deep analysis. OctaTrader is powered up with price alerts and instant trading notifications.

•Limited choice of investment solutions to generate passive income.

•The list of payment systems changes regularly.

9.2/10

Go to broker

Your capital is at risk.

Minimum deposit:

$100

Deposit Bonus:

Regulation:

ASIC, SCB, CySEC, FCA

Review

Eightcap is a leading Forex and CFD broker, offering over 800 trading instruments, including currency pairs, cryptocurrencies (not available with the FCA entity), indices, stocks, and commodities. With tight spreads starting from 0 pips, leverage up to 1:500, and no withdrawal fees, Eightcap provides a competitive trading environment. The broker is regulated by top-tier authorities such as ASIC and FCA, ensuring a secure trading experience.
Comprehensive educational resources, advanced analytics, and innovative functionality such as code-free automated trading and enhanced order execution with FlashTrader distinguish the platform from others.
Though Eightcap does not offer passive income opportunities or joint accounts, it is a popular choice for those seeking a reliable and feature-rich broker. Eightcap offers MetaTrader4 and MetaTrader5 integrated with Flash Trader. In addition, traders can use Acuity's AI-powered economic calendar.

Eightcap’s UK Entity:

Eightcap is an FCA authorised and regulated broker that offers CFD trading on over 600 markets across forex, indices, commodities, and shares. Eightcap’s UK entity is the only dedicated, specialist TradingView broker in the UK, providing a tailored product experience to get the most out of trading via TradingView.

Pros/Cons

•The broker is registered in the Bahamas and Seychelles, and is regulated by the Securities Commission of the Bahamas (SCB, SIA-F220), ASIC (391441), FCA (921296), CySEC (246/14). Also, it partners with many proprietary firms;

•Negative balance protection;

•Traders need to deposit only $100 to open a live account, and the broker imposes few trading limits on its clients;

•Hundreds of the most popular CFDs are available, and the pool is constantly expanding;

•Eightcap provides one of the most profitable trading costs with really tight spreads;

•Almost all options for depositing/withdrawing funds are available and the broker does not charge a withdrawal fee;

•The broker’s clients can work through any of the three top trading platforms, including mobile versions of the MetaTrader solutions;

•The company provides high-quality training, extensive analytics, and its own developments for automated trading.

•No joint accounts, copy trading, or other options for passive income.

9.1/10

Go to broker

Your capital is at risk.

Minimum deposit:

from $5

Deposit Bonus:

50%

Regulation:

CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius)

Review

XM Group is a globally recognized broker, operational in nearly 190 countries and serving over 15 million traders. In 2025, the company is celebrating its 15th anniversary. The broker offers over 1,400 trading instruments, including Forex pairs, stocks, commodities, cryptocurrencies, and precious metals. With licenses from regulators like FSC and CySEC, XM ensures a secure trading environment.
The company is committed to high-speed order execution without requotes, ensuring 99.35% of trades are completed nearly instantly. The broker's leverage varies by region, offering up to 1:1000 for some non-EU countries while maintaining strict compliance with European standards for others. The spreads start from 0.6 pips.
XM doesn't offer passive investment options like PAMM accounts but provides access to MQL5 copy trading and a VPS for algorithmic trading.

Pros/Cons

•XM Broker guarantees 100% execution of orders, 99,35% of orders delivered nearly instantly. No requotes guaranteed;

•No “markup” on narrow market spreads (broker's margins over the spread);

•Over 1,000 trading instruments. Available for trading are: 57 currency pairs, including CFDs on cross rates, metals (including palladium and platinum), commodities (cocoa, cotton, grain), stocks;

•No commission for replenishment and withdrawal of money. XM Broker incurs all commission costs of payment systems;

•Around the clock support for 5 days a week in more than 30 languages.

•Expanding their limited choice of trading platforms. Despite the fact that the broker offers 16 terminals, all of them are modifications of MT4 and MT5 for desktop, browser and mobile trading.

8.9/10

Go to broker

Your capital is at risk.

Minimum deposit:

$10

Deposit Bonus:

60%

Regulation:

FSC

Review

RoboForex is a well-established brokerage company offering a broad spectrum of trading opportunities for active traders and investors alike. With an impressive selection of over 12,000 financial instruments - including currency pairs, CFDs on stocks, indices, metals, energies, and futures - RoboForex provides a versatile trading environment.
The broker boasts competitive trading conditions: tight spreads starting from 0 pips, high leverage up to 1:2000, and fast execution speeds. The broker also offers the CopyFx investment program, which allows traders to copy the strategies of successful investors and earn passive income. Additional perks include instant fund withdrawals and some of the industry’s highest affiliate payments (up to 84%).
RoboForex prioritizes reliability and client satisfaction, establishing itself as a trusted partner for traders worldwide.

Pros/Cons

•Availability of favorable trading conditions and a minimum deposit

•Unique investment program CopyFx

•Highest affiliate payments: up to 84% of the fee paid by the referral

•Market launch - STP and ECN

•Instant withdrawal of funds

•Minimum deposit - $10

•A small number of currency pairs - 28, for accounts: Pro, Pro-Cent, ECN

8.7/10

Go to broker

Your capital is at risk.

Minimum deposit:

$50-500

Deposit Bonus:

Regulation:

ASIC, FSCA, FSC Mauritius

Review

VT Markets, established in 2015, is a globally authorized broker that offers traders access to a diverse portfolio of financial assets, including forex, indices, energy, precious metals, soft commodities, and ETF-based CFDs. The broker provides affordable prices and a choice of account options to accommodate a wide range of trading needs

Pros/Cons

•Financially stable parent company and reliable custodian bank.

•Over 230 assets of different classes are available for trading.

•It allows trading using STP, ECN, and Islamic accounts.

•A wide range of investment solutions from reputable third-party platforms.

•Margin trading with leverage up to 1:500 for cryptocurrency pairs.

•Average trading commissions on ECN and precise market spreads on all account types.

•Access to making trades in desktop and mobile terminals MetaTrader 4/5, as well as in the web version of MT4.

•The high minimum deposit for novice traders is $50.

•Lack of access to micro (cent) accounts.

•The list of available assets does not include cryptocurrencies and ETFs.

8.6/10

Go to broker

Your capital is at risk.

Minimum deposit:

$10

Deposit Bonus:

100%

Regulation:

SVGFSA

Review

TeleTrade is a global broker serving clients worldwide. They offer trading on Forex, indices, stocks, metals,cryptocurrencies, and energies. While lacking PAMM accounts and certain investment options, TeleTrade boasts a robust copy trading service, a strong affiliate program, and diverse account types (ECN, NDD, crypto). With sufficient leverage (up to 1:1000) and spreads from 0 pips, the broker caters to various trading styles, including scalping, intraday trading, and medium to long-term strategies.
TeleTrade supports traders with market analytics, expert forecasts, an economic calendar, and a comprehensive education section on their website.

Pros/Cons

•detailed analytical section;

•informative training section;

•Invest Start risk-free investment service;

•interest accrual on deposit;

•copytrading service;

•several affiliate programs with high payouts.

•no PAMM accounts or other money management options;

•few withdrawal options;

•support is available 24/5;

•withdrawals delayed;

•technical support responds slowly;

•sometimes it takes a long time to verify data.

How to select a trading platform in Malaysia

Try a demo account

Before choosing a Forex broker in Malaysia, check if they offer a demo account. It’s a risk-free way to try out the platform, see how it works, and decide if it fits your trading style.

Prioritize security

Staying safe in Forex trading is crucial, especially for beginners. Go with a broker that’s backed by a top-tier regulator. This means they follow strict financial rules and keep your money secure.

Review user feedback

Go through user reviews to spot common complaints or issues traders face. This helps you gauge how reliable the broker is, how they handle customer support, and whether their platform runs smoothly.

Evaluate research tools

Comprehensive research tools are essential for making informed trading decisions. Ensure the platform provides access to quality market analysis, data, and insights. If possible, test these tools through a demo to see if they meet your expectations.

Test automation features

Most trading platforms now offer automation tools that can simplify your strategy. Try them out to see how easy they are to use and whether they fit your trading style.

Copy trading features

Platforms that support copy trading allow you to replicate the strategies of experienced traders. This is an excellent feature for beginners as it helps them learn effective trading tactics while observing real-time market decisions made by professionals.

Low minimum deposit requirements

Starting small is often the best approach for new traders. A platform with a low minimum deposit allows beginners to enter the market without committing a large sum of money, reducing financial risk while gaining hands-on experience.

PAMM account options

PAMM platforms let beginners invest with experienced traders who handle the trading decisions. This allows new traders to gain market exposure while observing how professionals manage risk and strategy. It's a great option for those who want to participate in trading without making decisions themselves.

How to start trading in Malaysia

Choose a trusted online broker

Before you start trading in Malaysia, choose a broker you can trust. Look into different options, check their fees, platform features, and how they fit your trading style.

Open a CDS and trading account

After picking a broker, the next step is opening a Central Depository System (CDS) account along with a trading account. A CDS account, overseen by Bursa Malaysia, keeps your shares safe and ensures smooth transactions. Some brokers provide nominee accounts, which they manage for you. These accounts can offer lower fees and more privacy, but they might also limit certain rights, like attending shareholder meetings.

Select the right assets

Choose assets that align with how much risk you're comfortable taking and your financial plans. Use the tools available on your trading platform — like market reports, technical indicators, and expert opinions — to understand market trends before making a move.

Place your trade order

After choosing your stocks, it’s time to execute your order. You can place a market order, which buys the stock at the current market price, or a limit order, where you specify the price you’re willing to pay. Some platforms also offer advanced order types like stop-loss or conditional orders, allowing you to automate trades based on market movements.

Finalize the transaction

Make sure you have enough funds in your trading account to cover the stock purchase and brokerage fees. In Bursa Malaysia, trades settle in two business days (T+2), after which your shares appear in your CDS account. These steps will help you get started with trading in the Malaysian stock market smoothly.

Is it possible to trade without investing in Malaysia?

Yes, you can engage in trading activities in Malaysia without having to invest your own money. Several brokers provide opportunities for beginners to explore the financial markets and practice trading strategies without any financial risk. Here are two popular methods:

No deposit bonuses

Some brokers offer no deposit bonuses, giving you free trading funds right after signing up. You can start trading without adding your own money, but make sure to check the fine print. Many brokers limit withdrawals of the bonus or the profits you make from it, so know the rules upfront.

Demo trading contests

Some brokers run demo trading contests where traders use virtual funds to compete. These contests often have cash prizes for top performers, giving traders a way to win real money without risking their own. For beginners, it’s a hands-on way to practice trading while getting a shot at real rewards.

Forex regulation and taxation in Malaysia

Forex trading in Malaysia is legal and operates under a structured regulatory framework to ensure market integrity and investor protection.

Regulatory framework

Securities Commission Malaysia (SC): the primary body overseeing Forex brokers and trading platforms, ensuring compliance with established guidelines.
Bank Negara Malaysia (BNM): the central bank responsible for maintaining financial system stability, including oversight of foreign exchange transactions.

Taxation of Forex trading

Taxable income: profits from Forex trading are subject to income tax and must be reported to the Inland Revenue Board Malaysia (IRBM).
Tax rates for residents: Malaysia employs a progressive tax system, with rates ranging from 0% to 30%, depending on total taxable income.
Non-residents: individuals classified as non-residents face a flat tax rate of 30% on income earned within Malaysia.

Malaysian traders should prioritize local liquidity and hidden platform tools for better trades

Many new traders in Malaysia sign up for global trading platforms without considering how local liquidity can impact their trades. A platform with a strong Malaysian presence often provides tighter spreads and faster order execution, especially for assets linked to the local market. Some even offer direct integration with Bursa Malaysia, giving access to real-time stock prices and lower trading fees. Choosing a platform that supports MYR deposits can also save money by avoiding currency conversion fees. Instead of following global trends, focus on platforms that are built for Malaysian traders.

Another key advantage comes from platform features that aren’t always advertised. Some brokers offer volatility scanners that detect potential price breakouts before the market moves, while others provide institutional order flow data to show where big players are positioning their trades. Many beginners stick to basic charts and never explore these advanced tools. To get ahead, dig into the platform’s settings, set up alerts for unusual market activity, and use historical data to fine-tune your trading strategy.

Methodology for compiling our ratings of Forex brokers

Traders Union applies a rigorous methodology to evaluate brokers using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.

Key aspects of the assessment include:

Regulation and safety. Brokers are evaluated based on the level/reputation of licenses and regulations they operate under.
User reviews. Client reviews and feedback are analyzed to determine customer satisfaction levels. Reviews are fact-checked and verified.
Trading instruments. Brokers are evaluated on the range of assets offered, as well as the breadth and depth of available markets.
Fees and commissions. All trading fees and commissions are analyzed comprehensively to determine overall costs for clients.
Trading platforms. Brokers are assessed based on the variety, quality, and features of platforms offered to clients.
Other factors like brand popularity, client support, and educational resources are also evaluated.

Find out more about the unique broker assessment methodology developed by Traders Union specialists.

Conclusion

There’s no single “best” trading platform in Malaysia — it all comes down to what works for your trading needs. If you’re big on speed and access to global markets, Interactive Brokers or Saxo might be a solid choice. If low fees and a simple interface matter more, Mitrade or Tiger Brokers could be better. And don’t forget regulation — sticking with an SCM-licensed broker keeps your funds safer. The real key? Pick a platform that matches how you trade, not just the one with the most hype.

FAQs

Сan I really make money without investing my own funds in Malaysia?

Yes, it’s possible to earn real money without using your own funds through no deposit bonuses and demo trading competitions. While no deposit bonuses provide free capital to trade with, demo contests offer cash prizes for top performers. However, withdrawing profits may come with specific conditions, so always review the terms carefully.

Are no deposit bonuses available to all traders in Malaysia?

Most brokers offering no deposit bonuses make them available to new users upon registration. However, eligibility may vary depending on the broker’s policies and regulatory restrictions. It’s essential to verify if the broker accepts Malaysian traders and offers this bonus in your region.

Can I withdraw profits earned from no deposit bonuses?

Yes, you can usually withdraw profits earned from no deposit bonuses, but there are conditions. Brokers often set specific trading volume requirements or withdrawal limits. Always read the bonus terms and conditions to understand the rules before trading.

Are demo trading competitions risk-free?

Yes, demo trading competitions are completely risk-free because you’re trading with virtual funds in a simulated environment. However, the competition can be intense, and winning prizes requires strategic trading skills. While there’s no financial risk involved, participants still need to perform well to earn rewards.

Team that worked on the article

Rinat Gismatullin is an entrepreneur and a business expert with 9 years of experience in trading. He focuses on long-term investing, but also uses intraday trading. He is a private consultant on investing in digital assets and personal finance. Rinat holds two degrees in Economy and Linguistics.

Learn about our editorial policies

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. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).