Top 5 forex brokers in Malaysia
Malaysia is one of the economic centers of Southeast Asia. As in many Western countries, the capital market in Malaysia is growing at a fast pace, so many investors (both local and foreign) are ready to look for business opportunities on stock exchanges, futures marketplaces, Forex, etc.
As it is known, when there is an interest in trading on the foreign exchange market, there is always a great demand for brokers.
What is the need to trade with a brokerage company? Well, a Forex broker is a specialized agency that has all the necessary resources to connect its clients to the financial market. So, the use of the brokerage platform’s services can simplify the trading process and open much more opportunities to get income. Furthermore, the choice of a trustworthy company assures the protection of your funds.
How to choose the best FX broker for trading in Malaysia today? Get acquainted with the main features of the most popular companies in the region. This will ease the choice.
Top 5 forex brokerage providers in Malaysia:
- RoboForex
- Capital.com
- eToro
- Libertex
- Ava Trade
RoboForex
It is one of the most awarded brokerage companies. It has more than 10 awards, including Most Trusted Broker by International Business Magazine Awards and Most Transparent Broker by World Economic Magazine Awards. It provides a greeting bonus, low commissions, and a variety of accounts and trading tools. The lowest deposit is $10.
Capital.com
The agency is known for low changes and spreads. It provides a great diversity of currency pairs (over 130). The minimum first investment is $20. Fees for deposits and payouts are zero. Capital.com provides 24/7 support service and free educational content, which is ideal for newbies.
eToro
A great choice for newcomers as well as experienced traders. It offers 49 currency pairs and diverse payment solutions like Skrill, Neteller, Visa, MasterCard, bank transfer, etc. The first minimum investment is $50.
Libertex
The brokerage platform is perfect for beginners. It even offers a training trading course that lasts three hours and other educational materials. The minimum investment is $10. The welcome bonus is 100% of the deposit. Libertex gives access to over 45 currency pairs.
AvaTrade
DupliTrade and ZuluTrade are the most alluring features of this broker. AvaTrade also provides zero commissions. The company allows trading with more than 35 currency pairs. The lowest deposit sum is $100. The platform presents free educational materials as well.
