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Forex Brokers in Malaysia

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Recognizing the best forex brokers is not just a matter of making sure of its security and basic trading features. You may need to compare some of them to have more clarity when browsing through some information on forex brokers.

The table below provides what may be necessary for your journey in finding the most ideal broker. Remember to always put your conditions at the front when choosing a forex broker.


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Score Broker Country Regulation Min Deposit Max Leverage

If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.



FAQ

Finding the best forex broker in Malaysia is not much different from choosing the right broker in general. Aside from making sure that the forex broker is available for client registration from Malaysia, you need to check its regulation, minimum deposit, spread, leverage, payment methods, and other trading-related aspects that may affect your strategy. Furthermore, make sure that the broker has a good credibility and reliable customer support.

The list in this page can be a good reference if you look to trade with in Malaysia. We have sorted specific forex brokers that accept clients from Malaysia, so you can choose one of the brokers by comparing their minimum deposit, regulation, leverage, and rating. If you are interested to learn further about a certain broker, feel free to click the review button.

If you are a beginner and looking for the right broker to trade forex in Malaysia, some aspects that you need to pay attention to are the low minimum deposit, demo account, and educational features. Apart from that, it's also better to make sure that the broker has good customer service because as a beginner, you may need to consult about broker services that still seem incomprehensible to you.

Additional FAQ

Malaysia is the country with the cheapest monthly cost of living, which is only around 4227RM or USD1018 per month. This country also has many interesting places for refreshing holidays, health services with competent and experienced medical personnel, as well as modern and sophisticated supporting equipment.

Continue Reading at Top 10 Countries to Live as a Forex Trader

Forex trading in Malaysia is legal but recently, there have been a lot of gray areas. The regulatory body that oversees forex trading is the Securities Commission in Malaysia. If an unregulated broker performs illegal operations, the Securities Commission can only warn investors that the broker is unregulated.

Continue Reading at Top 10 Countries to Live as a Forex Trader

Unfortunately, this country has a fairly high crime rate. Especially in the last three years, criminal crimes have increased including theft, robbery, vandalism, corruption, and bribery.

In addition, this country has a high traffic density with an average waiting time of around 37 minutes.

Continue Reading at Top 10 Countries to Live as a Forex Trader

If a broker is "registered", that means that the broker's registered as a company in a certain country and has one or more offices in that country. In this category, the broker does not necessarily have a license to operate as a broker and is usually not actively monitored by the country's regulatory body. The company's operations are also not always centered on the main office address but it could be outsourced to other areas.

Continue Reading at Forex Regulation Insights: Defining Your Broker's Status


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