Brokers by Country · MY
Crypto Brokers in Malaysia, 2026
Tracked byIndependent review teamUpdated
Malaysia's Securities Commission (SC Malaysia) licenses futures brokers and exchange-traded derivatives but does NOT licence retail OTC FX/CFD with foreign brokers. SC Malaysia and Bank Negara Malaysia (BNM) jointly publish the Investor Alert List naming 200+ unauthorised forex/CFD operators. Bursa Malaysia listed equities are accessed via licensed brokerages — Maybank IB, CIMB Securities, Affin Hwang, RHB Securities. International brokers (Exness, FBS, OctaFX, AvaTrade) onboard Malaysian residents via offshore entities; BNM treats these as unauthorised remittances under the Money Services Business Act 2011.
3 / 3 brokers accept Malaysia
cryptoEditorial top pick
01Editorial top pick
01AvaTrade
ASICFSCACBIBVIOpen account at AvaTrade →- Avg spread
- 0.90pip
- Cost / lot
- $9.00
- Min deposit
- $100
- Max leverage
- 1:400
broker-published typicalno commissionEU/UK/AU retail: 1:30 · FSCA / BVI entities: up to 1:400Regulated in 6 jurisdictions · Spread-only pricing at 0.9 pip = ~$9/lot round-turn — wider than ECN/Raw brokers at similar volume
Fits ifYou are AU or EU retail and want CBI + ASIC double cover with 20 years of operating historyPlatformsMetaTrader 4, MetaTrader 5, AvaOptions, DupliTradeFounded in 2006 · Verified Jun 1, 2026
- 02
02Libertex
SVG FSAOpen account at Libertex →- Avg spread
- 0.50pip
- Cost / lot
- $5.00
- Min deposit
- $10
- Max leverage
- 1:999
midpoint of broker rangeno commissionLibertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.$10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight
Fits ifYou have $10 to start — one of the lowest entry minimums in our listPlatformsMetaTrader 4, MetaTrader 5, Libertex PlatformFounded in 1997 · Verified Jun 1, 2026
- 03
03Bybit
VARA1 actionOpen account at Bybit →- Avg spread
- 0.10pip
- Cost / lot
- $4.00
- Min deposit
- None
- Max leverage
- 1:500
broker-published typicalincl. $3 commissionUp to 1:500 on FX/CFD via MT5 · 1:100+ on crypto perpetuals · no ESMA cap (offshore crypto-CFD exchange)MT5 CFD offering with ~0.1 typical spread + ≈$3 RT equivalent — cost-competitive with ECN tiers despite crypto-first business · FX CFDs are secondary product — Bybit core business is crypto derivatives, FX depth and liquidity differ from dedicated forex brokers
Fits ifYou already trade crypto at Bybit and want FX CFDs in the same unified-margin accountPlatformsMetaTrader 5, BybitFounded in 2018 · Verified Jun 1, 2026
Country context
- Regulator
- SC Malaysia · Securities Commission Malaysia — supervises capital markets and exchange-traded derivatives; BNM (Bank Negara Malaysia) controls FX. SC and BNM jointly publish the Investor Alert List naming unauthorised forex/CFD operators
- Currency
- MYR
- Payment methods
- Bank transferFPXVisaMastercardGrabPayBoost
Personal income tax for Malaysian residents is progressive up to 30%. Capital gains are generally exempt for individuals (Malaysia has no general capital gains tax). Forex/CFD profits are taxable as 'income from a business' if conducted frequently or with intent to profit; the LHDN (Inland Revenue Board) treats sporadic trading as exempt. Cryptocurrency profits are taxable when the activity is frequent or professional in character.
SC Malaysia and BNM jointly maintain the Investor Alert List with 200+ unauthorised forex/CFD/binary-options operators targeting Malaysian residents. Banking-channel funding to offshore brokers is restricted under the Money Services Business Act 2011 and Foreign Exchange Administration framework (FEA 1953). Sharia-compliant trading is a significant retail segment — SC-licensed Islamic-window brokerages offer compliant futures; offshore Islamic-account workarounds via Exness/AvaTrade are common but operate outside the licensed framework.
Frequently asked
Which brokers accept residents of Malaysia?+
3 of 3 brokers in our ranking accept Malaysia: AvaTrade, Libertex, Bybit.
Who regulates brokers for Malaysia?+
Primary regulator: SC Malaysia — Securities Commission Malaysia — supervises capital markets and exchange-traded derivatives; BNM (Bank Negara Malaysia) controls FX. SC and BNM jointly publish the Investor Alert List naming unauthorised forex/CFD operators.
What payment methods are available?+
Common methods: Bank transfer, FPX, Visa, Mastercard, GrabPay, Boost.
What are the tax rules for trading in Malaysia?+
Personal income tax for Malaysian residents is progressive up to 30%. Capital gains are generally exempt for individuals (Malaysia has no general capital gains tax). Forex/CFD profits are taxable as 'income from a business' if conducted frequently or with intent to profit; the LHDN (Inland Revenue Board) treats sporadic trading as exempt. Cryptocurrency profits are taxable when the activity is frequent or professional in character.
Scope of coverage
- Brokers tracked
- 14
- Regulators indexed
- 55
- Regulator actions logged
- 2
- Latest pricing verification
- Jun 1, 2026
Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.