Best CFD Brokers in Malaysia 2025
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top CFD brokers based on our analysis:
- 1
AvaTrade - Best CFD trading broker in Malaysia - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms. - 3
AMarkets - A wide range of trading assets. Extensive analytical capabilities using modern tools and trading robots. No commissions on many operations. - 4
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 5
Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts. - 6
HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews. - 7
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account. - 8
HYCM - Well-regulated broker. An extensive set of educational materials. Diversity of trading assets. - 9
InstaForex - Large selection of trading instruments. PAMM accounts and the ForexCopy automatic trade copying service for passive income. 24/7 efficient customer support. - 10
JustMarkets - A variety of trading accounts and services. A wide range of methods for account funding and withdrawal. Quality technical support.
Contracts for Difference (CFD) trading continues to surge in popularity across Malaysia, thanks to the versatility, flexibility, and opportunities they offer. With numerous brokers available, picking the right one can feel daunting. But don’t worry—we've got you covered. Here’s our expert-curated list of the best CFD brokers in Malaysia for 2025 and everything you need to know about CFDs.
Top 10 CFD Brokers in Malaysia
1. AvaTrade
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
2. FP Markets
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
3. AMarkets
AMarkets is a versatile broker offering a full range of services in the Forex market. It enables independent trading and investing funds in copy trading with equal success.
Traders can access several accounts with low spreads, permitted scalping, and fast trade execution. Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform.
Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders. Building a portfolio is time-efficient and offers the possibility of passive income.
Pros and Cons of AMarkets
Pros
- A wide range of trading assets.
- Extensive analytical capabilities using modern tools and trading robots.
- No commissions on many operations.
- Convenience and simplicity of opening an account and managing it.
Cons
- Not the most extensive educational materials.
- On some assets, spreads are higher than those of competing Forex brokers.
4. FxPro
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
5. RoboForex
RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.
Pros and Cons of Roboforex
Pros
- A variety of trading platforms.
- Over 12,000 trading assets.
- Different types of trading accounts.
- Competent 24/7 customer support.
- Loyalty programs and bonus offers for clients.
- Low spreads and fees.
Cons
- Regulation in an offshore jurisdiction.
- Beginner traders may find a lack of educational materials.
6. HF Markets
HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets
Pros
- Regulated by reputable financial authorities.
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
7. XM
XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.
Pros and Cons of XM
Pros
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inconsistency in technical support.
- Inactivity fee.
- Standard account has a higher spread than the market average.
8. HYCM
HYCM is one of the Forex and CFD market leaders whose reputation is backed by strict regulation by major financial authorities such as the FCA, CySEC and DFSA. This ensures high protection of the client's funds and compliance with regulatory standards. The broker offers a wide range of trading platforms, including MetaTrader 4 and MetaTrader 5, recognized as some of the most reliable and functional in the industry. The variety of trading instruments available allows you to create a diverse investment portfolio, while a rich selection of educational resources supports traders at all stages of their professional development.
HYCM will be most suitable for traders looking for reliability and diversity in the toolkit without worrying about high commissions and a lack of innovative platforms. This broker is ideal for experienced traders who can use the analytical and educational resources provided to improve their trading strategies.
Pros and Cons of HYCM
Pros
- Well-regulated broker.
- An extensive set of educational materials.
- Diversity of trading assets.
Cons
- Absence of proprietary trading platform.
- No social trading.
9. InstaForex
InstaForex is a popular broker that offers a wide range of trading instruments and specialized accounts. The unique possibility of accruing interest on the account balance, ForexCopy's automatic transaction copying service, and support for cryptocurrency trading make InstaForex an attractive choice for a variety of traders. Customer support is available round the clock, and account replenishment does not charge any commission, which is a significant plus.
InstaForex is suitable for beginner traders and investors interested in passive income through PAMM accounts, as well as for those looking for innovative features such as cryptocurrency trading and automatic trade copying.
Pros and Cons of InstaForex
Pros
- Large selection of trading instruments.
- PAMM accounts and the ForexCopy automatic trade copying service for passive income.
- 24/7 efficient customer support.
- Wide range of methods for depositing and withdrawing funds.
- Decent analytical section.
Cons
- Trading commissions are above average.
- No trading accounts with market execution of orders (ECN or STP).
- Broker commission on fund withdrawals.
10. JustMarkets
Thanks to a wide range of trading platforms and educational materials, JustMarkets is a worthy choice, especially for novice traders. Experienced traders will also find advantages such as various trading accounts and quality technical support. However, it should be noted that the choice of trading instruments here is less diverse than that of some competitors.
Pros and Cons of JustMarkets
Pros
- A variety of trading accounts and services.
- A wide range of methods for account funding and withdrawal.
- Quality technical support.
- Useful analytical materials.
Cons
- Limited selection of products.
- Educational materials only for beginners.
What is CFD?
A Contract for Difference (CFD) is a popular derivative instrument allowing traders to speculate on the rise or fall of asset prices without owning the underlying asset itself. CFDs cover diverse markets including stocks, indices, forex, commodities, and cryptocurrencies.
How CFDs Differ from Other Financial Instruments
Unlike traditional stock investments, CFDs provide leverage, enabling traders to open larger positions with smaller deposits. Another key difference is that traders can benefit from both rising and falling markets by going long or short.
Pros and Cons of CFD Trading
Advantages
- Leverage: Trade with greater market exposure from smaller initial capital.
- Short-Selling: Earn profits even when asset prices drop.
- Access to Global Markets: Trade multiple asset classes on one platform.
- No Stamp Duty: Avoid certain taxes associated with traditional stock trading.
Disadvantages
- High Risk: Leverage can amplify losses as well as gains.
- Overnight Fees: Holding positions overnight incurs charges.
- No Ownership: You don't actually own the underlying asset.
Key Factors to Consider When Choosing a CFD Broker
Regulation and Security
Always choose brokers regulated by respected authorities like FCA, CySEC, or ASIC. Regulated brokers provide enhanced security and transparency, ensuring your funds are safe.
Trading Fees and Costs
Pay close attention to:
Spreads (difference between buy and sell prices)
Commission Fees (especially on stocks and ETFs)
Overnight Financing (for holding positions overnight)
Inactivity Fees (charges for dormant accounts)
Trading Platforms
A robust, user-friendly trading platform is crucial. Look for well-known platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, or proprietary web and mobile apps that offer reliable performance, advanced charting, and easy order execution.
Asset Availability
The broader the range of asset classes (stocks, indices, forex, commodities, crypto), the better. This flexibility lets you diversify your investments easily.
Customer Service
Opt for brokers providing excellent customer service with responsive support, ideally available 24/5 or 24/7 through live chat, phone, or email.
Educational Resources
Particularly if you're new to CFD trading, prioritize brokers offering extensive educational tools, such as:
Video tutorials
Webinars
Comprehensive trading guides
How Was the List of the Best CFD Brokers in Malaysia Compiled?
We rigorously analyzed dozens of brokers based on several key metrics:
Regulatory compliance and reputation
Trading platforms and technology
Fee structures and trading costs
Variety of tradable assets
Customer reviews and satisfaction
Educational resources availability
Customer support efficiency
After in-depth evaluation and testing, these top ten brokers emerged as the most reliable, user-friendly, and beneficial for Malaysian traders in 2025.
FAQ
Is CFD trading legal in Malaysia?
Yes, CFD trading is fully legal in Malaysia, though it is important to choose brokers regulated internationally by reputable agencies such as the FCA or CySEC.
What is the minimum deposit required to start trading CFDs?
Minimum deposits typically range from $5 to $250, depending on the broker. XM, for example, requires just a $5 minimum.
Can beginners successfully trade CFDs?
Absolutely! Beginners can succeed by learning diligently, using educational resources, and practicing extensively on demo accounts before real trading.
What are the risks associated with CFD trading?
The major risks include:
High leverage (amplifying potential losses)
Volatile market movements
Overnight fees
Always practice risk management strategies like setting stop-loss orders.
How do I choose the right trading platform for CFDs?
Consider your trading style, required technical features, ease-of-use, availability of mobile apps, and compatibility with your devices.
Can I trade CFDs on my mobile device?
Yes, most CFD brokers offer advanced mobile trading apps for Android and iOS, making it convenient to trade anywhere.
What types of assets can I trade with CFDs?
CFDs typically allow trading of:
Forex currency pairs
Stocks and shares
Indices (like Dow Jones, NASDAQ)
Commodities (gold, oil)
Cryptocurrencies (Bitcoin, Ethereum)
How do CFD brokers make money?
CFD brokers mainly earn through spreads, commissions, and overnight financing fees.
Are demo accounts available for practicing CFD trading?
Yes, nearly all reputable CFD brokers provide demo accounts allowing traders to practice and refine their strategies without risking real money.
