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:
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AvaTrade - Best CFD trading broker in Malaysia - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
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FBS - Regulated by major international organizations. Low spreads and commissions. Wide range of trading assets. - 5
HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews. - 6
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XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account. - 8
FOREX.com - Broker with many years of history and a global reputation. A variety of deposit methods. A wide variety of available markets and products. - 9
FXTM - A wide range of trading assets. Low fee per transaction. Availability of popular trading platforms. - 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.
Comparison of 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. IC Markets
IC Markets is a reliable and versatile broker that offers a wide range of services and tools for trading in the financial markets. The company provides impressive trading instruments, high-quality trading platforms, advanced analytical tools, and valuable education for traders of all levels.
IC Markets is likely most suitable for experienced traders who value deep liquidity, tight spreads, and advanced trading tools. Beginner traders can also benefit from the educational materials offered by the company, but they should be prepared for some additional expenses and a higher minimum deposit requirement.
Pros and Cons of IC Markets
Pros
- A wide range of trading assets.
- Low spreads.
- Variety of trading platforms.
- Quality educational materials.
- Efficient customer support service.
Cons
- High minimum deposit.
3. Plus500
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Diversity of trading assets.
- Intuitive trading platform.
- 24/7 support.
- Built-in analytics.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
4. FBS
FBS is a reliable choice for traders who value a secure and regulated trading environment, complemented by a robust selection of educational resources and trading tools. It is particularly well-suited for those new to trading or looking to expand their knowledge and experienced traders focusing on a diverse range of assets. Despite its limitations in account types and currency options, FBS's strengths in providing competitive trading conditions and comprehensive support make it a commendable broker for a broad spectrum of traders.
Pros and Cons of FBS
Pros
- Regulated by major international organizations.
- Low spreads and commissions.
- Wide range of trading assets.
- Extensive database of educational materials and analytical tools.
- Support for various trading platforms.
Cons
- Limited choice of trading accounts.
- Limited choice of account currency.
5. 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.
6. OANDA
Oanda is an excellent choice for traders seeking a reliable and regulated broker with competitive spreads and various trading assets.
With quality analytics and diverse educational materials, Oanda suits beginners and experienced traders.
Pros and Cons of Oanda
Pros
- Tight spreads.
- Diverse markets and products.
- Advanced trading platforms.
- Quality analytics.
- Extensive learning section.
Cons
- Limited trading account types.
- Inactivity fee.
- High swaps.
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. FOREX.com
FOREX.com is an excellent broker for trading in the Forex and CFD markets. They offer fast execution speeds, a wide selection of currency pairs, and other assets for trading. Their customer service is outstanding, and multiple financial authorities regulate them.
Pros and Cons of FOREX.com
Pros
- Broker with many years of history and a global reputation.
- A variety of deposit methods.
- A wide variety of available markets and products.
- Advanced analytical tools and daily updates from the company's professionals.
- Comprehensive educational materials for all levels of traders.
Cons
- Lack of specialized accounts.
- High transaction fee on DMA Account.
9. FXTM
FXTM stands out in the market due to its wide range of trading instruments, including many currency pairs, stocks, metals, and other products. It makes it attractive to traders looking to diversify their portfolios. Support for various devices' popular MT4 and MT5 platforms ensures trading flexibility and accessibility. In addition, FXTM offers competitive commission terms on the Advantage account, making it a favorable choice for active traders. The availability of educational materials such as e-books, videos, and webinars supports beginners and helps them develop their trading skills. With no deposit fees, the variety of deposit and withdrawal methods is convenient for clients worldwide.
FXTM is ideal for traders seeking various trading instruments and flexible platforms. It will be especially attractive for beginners due to its extensive training resources and for active traders interested in using an Advantage account to minimize commissions.
Pros and Cons of FXTM
Pros
- A wide range of trading assets.
- Low fee per transaction.
- Availability of popular trading platforms.
- Availability of educational materials.
- A variety of deposit and withdrawal methods.
Cons
- Issues with technical support.
- High spreads.
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.
