Offers two ways to trade: Forex, CFDs

See Details Try a Demo
Losses can exceed deposits
$250Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
  • Credit cards
  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
Trust Score:



Established in:


Regulated by:

Financial Conduct Authority an...

See Details Try a Demo
Losses can exceed deposits
CFDs are leveraged products and 73% of retail traders lose money when trading CFDs.Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Rankings are influenced by affiliate commissions. All information collected on 1/11/2017.

The Ultimate Guide to

Choosing a Broker
For Malaysia

Not sure which broker is right for you?

Don’t worry - we’ve got you covered. In this guide, you’ll learn:


Part 1

Why Choose ThinkMarkets
For Malaysia?

ThinkMarkets scored best in our review of the top brokers for malaysia, which takes into account 120+ factors across eight categories. Here are some areas where ThinkMarkets scored highly in:

  • 8+ years in business
  • Offers + instruments
  • A range of platform inc. MT4, Mac, Web Trader, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 0.10pips
  • Used by 0+ traders
  • Allows hedging
  • 2 languages

ThinkMarkets offers two ways to tradeForex, CFDs. If you wanted to trade EURUSD

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

ThinkMarkets have a B trust score, which is good. This is largely down to them being regulated by Financial Conduct Authority and ASiC, segregating client funds, being segregating client funds, being established for over 8

Trust Score comparsion

Trust Score B
Year Established 2010
Regulated by Financial Conduct Authority and ASiC
Uses tier 1 banks
Company Type Private Private Private
Segregates client funds

The second thing we look for is the competitiveness of the spreads, and what fees they charge. We’ve compared these in detail in part three of this guide.

Part 2

Who ThinkMarkets is (& Isn’t)
Suitable For

As mentioned, ThinkMarkets allows you to trade in two ways: Forex, CFDs.

Suitable for:

  • CFD Trading
  • Forex Trading

Not Suitable for:

To trade with ThinkMarkets, you’ll need a minimum deposit of $250. ThinkMarkets offers a range of different account types for different traders including a mini account, vip account .

ThinkMarkets is also suitable for traders looking to trade with an ECN broker. ECN trading allows the trader to get access to the actual pricing of instruments as set by the banks and liquidity providers, rather than relying on the broker to set the price. To open an ECN account with ThinkMarkets you will need a minimum deposit of $2,000

Finally, ThinkMarkets isn’t available in the following countries: AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW.

Part 3

A Comparison of ThinkMarkets vs. vs.

Want to see how ThinkMarkets stacks up against and ? We’ve compared their spreads, features, and key information below.

Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
Fixed Spreads
Variable Spreads
EUR/USD Spread 0.10
GBP/USD Spread 1.2
USD/CAD Spread 0.9
USD/JPY Spread 0.10
DAX Spread
FTSE 100 Spread N/A
S&P500 Spread

Comparison of account & trading features

Platform MT4, Mac, Web Trader, Tablet & Mobile apps
Services Forex, CFDs
Base currency options USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, NZD, CNH
Funding options Payoneer, Credit cards, Bank transfer, Neteller, BPAY, UnionPay, FasaPay, DebitCard,
Micro account
ECN account

Part 4


With sales offices in five continents, and over 152,000 active clients as of May 2016, IG offer a robust platform for traders interested in financial spread betting, Forex and CFDs (contracts for difference). The group first launched as a spread betting firm in 1973, and have continued to be at the forefront of technological and product development within the industry, allowing them to grow in strength, and increase their presence worldwide.

Although IG’s head office is in London, and they are authorised and regulated by the UK’s financial services regulator, the Financial Conduct Authority (FCA), almost half of the group’s revenue now comes from the rest of the world. They have four offices in Asia Pacific, in Singapore, Japan, Australia and China, each of which are also licensed by local regulatory bodies.

As English is widely spoken in Malaysia, the English language version of the website and trading platforms are ideal for Malaysian traders. The IG trading platforms can be tested for free by opening a demo account. Tablet and mobile apps are available, in addition to their Web Trader, L2 Dealer and the industry standard MetaTrader 4 platform. Traders can select Malaysia as their country when opening up a trading account.

Popular financial instruments that can be traded by clients from Malaysia include the Malaysia 30 and the iShares MSCI Malaysia ETF.


As a well-established, international provider of trading services and products, AvaTrade are a top broker choice for clients from Malaysia. Their head office is based in Ireland, but they have 11 offices around the world, four of which are in the Asia Pacific region. Regulated by the Central Bank of Ireland in the EU, the company are also licensed and regulated by the Australian Securities & Investments Commission (ASIC), and the Financial Services Agency and Financial Futures Association of Japan. As such, they provide clients with a reliable platform for trading financial instruments.

AvaTrade primarily offer contracts for difference (CFDs), and Forex. Just some of the underlying markets that clients have access to including stocks, indices and commodities. Their trading platforms include AvaTradeGO, AvaTradeAct, and the popular MetaTrader 4. Clients can select the most suitable trading platform according to their requirements, and as most are available either online or as an app that can be downloaded onto a range of devices, they are perfect for clients who wish to view their trades whilst on the move.

A wealth of information and educational tools are available through the AvaTrade website, all of which can be accessed in the English language, making it suitable for many Malaysian traders.


With more than 155,000 active clients in 2016, Plus500 are one of the world’s leading brokers offering contracts for difference (CFDs). As such, they are a top choice for traders from many countries, including Malaysia. Authorised and regulated by the Financial Conduct Authority and Cyprus Securities and Exchange Commission throughout Europe, they are also regulated by the Australian Securities and Investment Commission (ASIC) in Asia Pacific. Client money is held in a segregated account, ensuring optimal protection for clients depositing funds with the firm.

The Plus500 trading platform is easy to use, and available in a range of base currencies. It can be accessed online through a web browser, or as an app that can be downloaded for Android, Windows or iOS devices. The preferred language of the platform can be selected from 32 different languages, including English. Malaysian traders can demo the platform using virtual currency before setting up a live account. Deposits can be made by bank transfer, credit/debit card, or by online payment such as PayPal.

Jump to top
Loading icon