Lowest Spread Forex Brokers in Malaysia 2026
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the lowest spread Forex brokers in Malaysia based on our analysis:
- 1
AvaTrade - Best low spread Forex Broker in Malaysia - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account. - 3
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. - 4
- 5
ACY Securities - Robust regulation and segregated accounts at major Australian banks. A range of accounts featuring low spreads and competitive commissions. Excellent selection of trading platforms. - 6
Eightcap - Support for popular platforms MT4, MT5, and integration with TradingView. Over 800 trading instruments, including 160+ cryptocurrency CFDs. Regulated by ASIC, FCA, CySEC, and SCB. - 7
easyMarkets - Regulated in many jurisdictions. Unique risk management tools (dealCancellation, Freeze Rate). Access to various trading platforms. - 8
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 9
Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts. - 10
AMarkets - A wide range of trading assets. Extensive analytical capabilities using modern tools and trading robots. No commissions on many operations.
By selecting a broker that offers consistently tight spreads, Malaysian traders can better control trading expenses and potentially enhance their overall performance, especially when trading frequently or using short-term strategies.
Comparison of the Best Forex Brokers with Low Spreads in Malaysia
| Broker | AvaTrade | XM | FP Markets |
|---|---|---|---|
| Rating | 4.7/5 | 4.7/5 | 4.7/5 |
| Foundation Year | 2005 | 2009 | 2005 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Belize, Cyprus, Australia, South Africa, United Arab Emirates, Mauritius, Seychelles | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles |
| Regulators | |||
| Minimum Deposit |
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| Trading Accounts |
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| Spread | from 0.6 points | from 0 points | from 0 points |
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| Review | AvaTrade Review | XM Review | FP Markets Review |
| Broker Comparison | |||
| Register | RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds |
List of the Best Low Spread Forex Brokers in Malaysia 2026
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. 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
- Inactivity fee.
- Standard account has a higher spread than the market average.
3. 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.
4. 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.
5. ACY Securities
ACY Securities is a reliable Australian broker offering high-quality services with transparent trading conditions. With strict regulation and a diverse range of trading instruments, the broker caters to both novice and experienced professionals, including enthusiasts of automated and copy trading. ACY is particularly appealing to traders who value low spreads, a broad mix of assets, and high-quality analytics.
Pros and Cons of ACY Securities
Pros
- Robust regulation and segregated accounts at major Australian banks.
- A range of accounts featuring low spreads and competitive commissions.
- Excellent selection of trading platforms.
- Over 1200 trading instruments: forex CFDs, stocks, ETFs, cryptocurrencies.
- High-quality analytics and a variety of educational resources.
- Convenient and swift deposit and withdrawal methods with no fees (first 3 withdrawals per month free).
Cons
- Lack of cent accounts and fixed spread accounts.
- No weekend support available.
6. Eightcap
Eightcap is a modern broker with reliable regulation, convenient MT4, MT5, and TradingView platforms, and a wide selection of instruments, including over 160 cryptocurrency CFDs. It suits traders who value technology, fast market access, and competitive trading conditions. The broker will be especially interesting for active traders and those who use CFD instruments, but is less convenient for investors seeking passive trading solutions.
Pros and Cons of Eightcap
Pros
- Support for popular platforms MT4, MT5, and integration with TradingView.
- Over 800 trading instruments, including 160+ cryptocurrency CFDs.
- Regulated by ASIC, FCA, CySEC, and SCB.
- Convenient deposit and withdrawal methods with no fees.
- Modern analytics tools: AI economic calendar and FlashTrader for MT5.
Cons
- No cent or Islamic accounts.
- No passive trading solutions (copy trading, PAMM).
7. easyMarkets
easyMarkets is a reliable international broker with nearly 25 years of experience, licenses from leading regulators (CySEC, ASIC, FSCA, etc.), and a focus on simplicity and trading safety. It suits beginner traders thanks to a low minimum deposit from 25 USD, fixed spreads, and a convenient proprietary platform with unique risk management tools. At the same time, the broker will also appeal to more experienced users thanks to the availability of MT4, MT5, TradingView, Islamic accounts, and VIP service. Despite a relatively average selection of CFD instruments and the absence of passive trading services, easyMarkets delivers a good combination of reliability, technology, and customer support.
Pros and Cons of easyMarkets
Pros
- Regulated in many jurisdictions.
- Unique risk management tools (dealCancellation, Freeze Rate).
- Access to various trading platforms.
- Minimum deposit from 25 USD, convenient for beginners.
- A wide range of deposit and withdrawal methods, including cryptocurrencies.
- Strong analytics (Daily Pitch, AI reviews, trading signals).
- Competent support with many contact channels.
Cons
- High swaps compared to competitors.
- No cent accounts or passive trading services (PAMM, copy trading).
- Average number of CFD instruments, behind market leaders.
8. 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.
9. 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.
10. 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.
What to Consider When Choosing a Low Spread Forex Broker in Malaysia
When selecting a low spread Forex broker in Malaysia, it’s important to look beyond advertised spreads and assess several key factors that directly impact trading costs, execution quality, and compliance with local needs.
Regulation & Reliability
A trustworthy broker should operate under a reputable regulatory framework. For Malaysian traders, this often includes brokers regulated by Labuan Financial Services Authority (Labuan FSA) or other well-known international regulators. Proper regulation helps ensure transparency, segregation of client funds, and higher overall safety standards.
Spread Structure & Commissions
Low spreads are typically offered through two main pricing models:
- Raw / ECN accounts with spreads starting from 0.0 pips plus a fixed commission per trade — ideal for scalpers and active traders.
- Spread-only accounts, where trading costs are built into slightly wider spreads, often preferred by beginners or less frequent traders.
Understanding the total “all-in” cost per trade is essential when comparing brokers.
Order Execution & Slippage
Low spreads are most effective when paired with high-quality execution. Look for brokers that offer:
- STP or ECN execution models
- Fast order processing and low-latency servers
- Minimal slippage, especially during volatile market conditions or news releases
Trading Platforms & Conditions
A competitive broker should support reliable and widely used platforms such as MetaTrader 4 or MetaTrader 5, provide advanced charting tools, and allow flexible position sizing. Reasonable leverage options and stable trading conditions are also important for Malaysian traders.
Islamic (Swap-Free) Accounts
Since the majority of Malaysians are Muslim, the availability of an Islamic (swap-free) account is a key consideration. These accounts comply with Sharia principles by removing overnight interest (riba) while keeping trading conditions similar to standard accounts. Many top low-spread brokers in Malaysia offer dedicated Islamic accounts without hidden swap-related charges.
Additional Fees & Non-Trading Costs
To keep trading costs truly low, always check for extra fees. Many competitive Forex brokers serving Malaysia offer:
- No deposit or withdrawal fees
- No account maintenance costs
- Inactivity fees only after long periods without trading
How We Selected the Lowest Spread Forex Brokers in Malaysia
Our list of the best low spread Forex brokers in Malaysia was created using a structured and objective evaluation process aimed at identifying brokers that combine competitive trading costs with dependable trading conditions.
- First, our selection is based on a broad internal list of Forex brokers. Each broker is initially assessed for overall reputation, operational history, financial stability, regulatory background, and consistency in service quality across different market conditions.
- Second, all brokers featured on this page are reviewed using our in-house methodology. This evaluation focuses on the transparency of spreads and commissions, execution speed and reliability, platform performance, quality of customer support, and real-world trading conditions experienced by active traders.
- A key inclusion requirement was the ability to accept clients from Malaysia, along with regulation by recognized international authorities or local bodies such as the Labuan Financial Services Authority (Labuan FSA). Regulatory oversight helps ensure compliance standards, proper handling of client funds, and a higher level of trader protection.
- Finally, special emphasis was placed on brokers that consistently offer spreads at or below the market average. Lower spreads play a direct role in reducing trading costs and improving overall trading efficiency, particularly for scalpers and high-frequency traders.
These criteria ensure that the low spread Forex brokers in Malaysia featured on this page deliver a balanced combination of cost efficiency, regulatory reliability, and high-quality trading environments tailored to Malaysian traders.
FAQ
What Is a Spread in Forex Trading?
A spread is the difference between the bid (buy) price and the ask (sell) price of a currency pair. It represents the main trading cost paid to the broker when opening a position.
What Are Low Spread Forex Brokers and Why Do They Matter?
Low spread Forex brokers offer tighter bid–ask differences than average. They matter because lower spreads reduce trading costs, which can significantly improve profitability, especially for frequent traders.
Which Forex Brokers Have the Lowest Spreads in Malaysia?
In Malaysia, brokers offering ECN or Raw spread accounts usually provide the lowest spreads. These brokers typically feature spreads from 0.0 pips combined with a fixed commission per trade.
Is There a Zero Spread Forex Broker in Malaysia?
No broker offers true zero spreads at all times. However, some brokers provide spreads close to 0.0 pips on major pairs during high-liquidity periods, with trading costs covered through commissions instead.
How Do Low Spread Forex Brokers Make Money?
Low spread brokers earn revenue through trading commissions, slightly marked-up spreads, or a combination of both. Some may also generate income from non-trading fees or premium services.
What Is Considered a Low Spread in Forex?
A low spread generally means:
- 0.0–0.3 pips on major pairs for ECN/Raw accounts
- 0.6–1.0 pips on spread-only accounts
These levels are considered competitive under normal market conditions.
Which Forex Pairs Have the Lowest Spreads?
Major currency pairs typically have the lowest spreads, including:
- EUR/USD
- USD/JPY
- GBP/USD
- AUD/USD
These pairs benefit from high liquidity and trading volume.
Are Low Spreads Better for Scalping and Day Trading?
Yes. Low spreads are especially important for scalping and day trading because these strategies rely on small price movements. Lower entry costs make short-term trades more efficient.
Which Low Spread Forex Broker Is Best for Scalping?
The best brokers for scalping usually offer ECN execution, ultra-tight spreads, fast order processing, and minimal slippage. The exact choice depends on execution quality rather than spreads alone.
Do Low Spread Brokers Charge Hidden Fees?
Reputable brokers are transparent about their fees. However, traders should always review the full fee structure, as some brokers may charge commissions, inactivity fees, or conversion fees.
What Non-Trading Fees Do Low Spread Brokers Charge in Malaysia?
Common non-trading fees may include:
- Inactivity fees after long periods without trading
- Currency conversion fees
- Withdrawal fees (though many brokers waive them)
- Deposit fees are often free.
How Is the Forex Spread Calculated?
The spread is calculated as:
Ask price – Bid price = Spread
For example, if EUR/USD is quoted at 1.1000 / 1.1002, the spread is 2 pips.
What Makes the Lowest Spread Forex Brokers Stand Out?
They typically combine tight spreads with:
- Fast and stable execution
- Transparent pricing
- Reliable trading platforms
- Strong regulation and client fund protection
Which Forex Brokers Offer the Lowest All-In Trading Costs?
Brokers with Raw/ECN accounts often offer the lowest all-in costs when spreads plus commissions are combined, particularly for high-volume or active traders.
Is Forex Trading Suitable for Beginners in Malaysia?
Yes, Forex trading can be suitable for beginners in Malaysia if they choose a regulated broker, start with small position sizes, use demo accounts, and select simple account types with clear pricing and educational support. Check our list of the best Forex trading platforms in Malaysia.
