Best Forex Brokers in Malaysia for 2026
Top forex brokers accepting Malaysian traders with MYR accounts and local support.
Written by
James Anderson
Fact Checked by
Emily Watson
Top 10 Forex Brokers for Malaysian Traders in 2026
Forex trading is popular in Malaysia with traders using internationally regulated brokers. Exness leads our 2026 rankings, followed by XM and Pepperstone, all offering MYR accounts and local payment methods.
What is the best forex broker in Malaysia for 2026?
Exness is the best forex broker in Malaysia for 2026, offering FPX deposits, MYR accounts, instant withdrawals, and spreads from 0.0 pips. Pepperstone and XM are also excellent choices with Islamic accounts available.
Key Features
Compare broker features for Malaysia.
| Broker | ||
|---|---|---|
| Exness | None | $10 |
| XM | None | $5 |
| HotForex | None | $5 |
| RoboForex | None | $10 |
| Pepperstone | $3.50/lot | $0 |
| IC Markets | $3.50/lot | $200 |
| FBS | None | $1 |
| OctaFX | None | $25 |
| Tickmill | $2/lot | $100 |
| Vantage | $3.00/lot | $50 |
Detailed Broker Analysis
Most popular in Malaysia
Exness offers instant FPX deposits, MYR accounts, and Malay language support. Their instant withdrawals and low spreads make them the top choice for Malaysian traders.
Great education and bonuses
XM offers comprehensive education and attractive welcome bonuses for Malaysian traders. Their low minimum deposit makes them accessible to beginners.
Ultra-low spreads specialist
Pepperstone delivers institutional-grade execution for Malaysian traders. Their Razor account offers spreads from 0.0 pips for active traders.
Best for scalpers
IC Markets provides institutional-grade liquidity with spreads from 0.0 pips. Popular among Malaysian scalpers and algorithmic traders.
Ultra-low minimum deposit
FBS offers an incredibly low $1 minimum deposit and supports FPX for Malaysian traders. Great for beginners starting their trading journey.
Popular in Southeast Asia
OctaFX is popular among Malaysian traders for its copy trading features and FPX support. No commissions on trades makes it cost-effective.
Diverse account types
HotForex offers multiple account types including copy trading and PAMM accounts. Islamic accounts available for Malaysian Muslim traders.
Low commissions
Tickmill offers some of the lowest commissions at $2/lot on their Pro account. Their tight spreads make them excellent for active traders.
Fast account opening
Vantage offers account opening in minutes and competitive spreads. Their RAW ECN account provides professional trading conditions.
High leverage available
RoboForex offers leverage up to 1:2000 and supports crypto deposits. Their CopyFX platform allows following successful traders.
Frequently Asked Questions
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January 2026