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Low Deposit Forex Brokers in Malaysia

HOME / LOWEST DEPOSIT MALAYSIA BROKERS

There is no fixed parameter in how much capital is the right amount for opening a forex trading account. Yet, most agree that the lower it is the better. That's why forex brokers with low deposits generally gain high popularity among retail traders. If you are a Malaysian resident or non-Malaysian resident who are interested to trade with a forex broker residing in the country, here is a specific list of low deposit forex brokers in Malaysia.

SELECT * FROM data_broker,rating_broker_rekap where data_broker.id_data_broker = rating_broker_rekap.id_data_broker and country like '%malaysia%' and broker IN ( 'Exness', 'FBS', 'IC Markets', 'Octa', 'RoboForex', 'XM', 'HF Markets', 'Pepperstone', 'Admirals', 'AvaTrade', 'ThinkMarkets', 'LiteFinance', 'eToro', 'FXOpen', 'InstaForex', 'FP Markets', 'FXTM', 'Markets4you', 'FirewoodFX', 'Vantage Markets', 'FIBOGroup', 'BDSwiss', 'JustMarkets', 'Tickmill', 'FxPro', 'MTrading', 'Grand Capital', 'Blueberry Markets', 'Blaze Markets', 'easyMarkets', 'Fxview', 'GOMarkets', 'Interactive Brokers', 'FXGT', 'Dukascopy', 'DeltaStock', 'Axi', 'Orbex', 'ADSS' )

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Score Broker Min Deposit Max Leverage Payment Regulation
10
Tickmill
Tickmill
 $100
1 : 500
WebMoney
FSA (Seychelles)


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

Not only holds a license from local agencies like LFSA, a good broker for Malaysian traders should operate in the country and has a headquarter or at least a branch office there. This is to strengthen their presence in the Malaysian finance industry as well as optimize their service for clients who need offline consultations.

Malaysia is globally known as a Muslim country that has anchored Islam in its constitution as a state religion. Therefore, it is crucial for a forex broker in Malaysia to ensure that their service adheres to Sharia Law. This is usually accommodated into an Islamic or swap free account that eliminates swap rates for overnight positions.

Continue Reading at Top Forex Brokers for Malaysian Traders

These are some of the best Malaysian brokers to consider:

  1. Tickmil: LFSA with License Number MB/18/0028.
  2. FBS: LFSA with License Number MB/18/0028.
  3. IFC Market: LFSA with License Number MB/20/0049.
  4. ICM Market: LFSA with License Number MB/18/0029.
  5. Hirose: LFSA with License Number MB/15/0006.
  6. Deriv: LFSA with License Number MB/18/0024.
  7. XM Malaysia: Not regulated by the LFSA.

Continue Reading at Top Forex Brokers for Malaysian Traders

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

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