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Crypto Brokers2026

Brokers by Country · MY

Crypto Brokers in Malaysia, 2026

Tracked byUpdated

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

crypto
  1. Editorial top pick

    01AvaTrade

    ASICFSCACBIBVI
    Open account at AvaTrade
    Avg spread
    0.90pip
    broker-published typical
    Cost / lot
    $9.00
    no commission
    Min deposit
    $100
    Max leverage
    1:400
    EU/UK/AU retail: 1:30 · FSCA / BVI entities: up to 1:400

    Regulated 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 history
    PlatformsMetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade

    Founded in 2006 · Verified Jun 1, 2026

  2. 02Libertex

    SVG FSA
    Open account at Libertex
    Avg spread
    0.50pip
    midpoint of broker range
    Cost / lot
    $5.00
    no commission
    Min deposit
    $10
    Max leverage
    1:999
    Libertex 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 list
    PlatformsMetaTrader 4, MetaTrader 5, Libertex Platform

    Founded in 1997 · Verified Jun 1, 2026

  3. 03Bybit

    Open account at Bybit
    Avg spread
    0.10pip
    broker-published typical
    Cost / lot
    $4.00
    incl. $3 commission
    Min deposit
    None
    Max leverage
    1:500
    Up 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 account
    PlatformsMetaTrader 5, Bybit

    Founded 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
Tax

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.

Retail trading rules

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.