In This Post I will talk about the best CFD trading platforms in Malaysia in this article, as well as the leading brokers with low fees, high leverage, and intuitive platforms.
Whether a novice or seasoned trader, these platforms equip traders with essential tools and resources for effective CFD trading in Malaysia’s ever-evolving market.
Key Points & Best CFD Trading Platforms In Malaysia List
| Platform | Key Points |
|---|---|
| Saxo | Advanced trading tools, wide asset selection, higher minimum deposit. |
| XTB | Commission-free trading on some accounts, strong education resources. |
| IC Markets | Ultra-low spreads, great for scalping and high-frequency trading. |
| Spreadex | Offers both spread betting and CFDs, strong UK presence. |
| Pepperstone | Fast execution, competitive spreads, suitable for active traders. |
| GO Markets | Reliable MT4/MT5 access, tight spreads, good for beginners and pros alike. |
| Eightcap | Strong crypto CFD offering, integration with TradingView. |
| Fusion Markets | Very low trading costs, great for budget-conscious traders. |
| IG | Reputable and regulated, extensive range of CFDs and educational content. |
| FXCM | User-friendly platform, access to APIs and algorithmic trading tools. |
10 Best CFD Trading Platforms In Malaysia
1.Saxo
Saxo Bank is a well-known Danish investment company located in Copenhagen which Kim Fournais founded in 1992. The firm offers one of the most advanced trading platforms—SaxoTraderGO—which is available to both retail and professional traders.
Payments are accepted through bank transfers as well as credit cards. Dedicated investors who want premium resources and services can open an account with a minimum deposit of $2000.
The platform allows retail clients to maintain a maximum exposure controlled at 1:30 leverage. In Malaysia, Saxo is one of the preferred brokers due to its strong compliance with the regulations and its access to an extensive list of global markets.
| Feature | Details |
|---|---|
| Founded | 1992 |
| Founder Name | Kim Fournais |
| Headquarters | Copenhagen, Denmark |
| Trading Platform | SaxoTraderGO |
| Payment Options | Bank Transfers, Credit/Debit Cards |
| Minimum Deposit | $2,000 |
| Maximum Leverage | 1:30 (for retail clients) |
2.XTB
XTB, which is an acronym for X-Trade Brokers, is one of the most popular CFD brokers in the world having its headquarters in Warsaw, Poland. It was incepted in 2002 by Jakub Zablocki. The company has its own trading platform, xStation 5, which is very intuitive, and comes with numerous analytical instruments.
Moreover, XTB allows payments via bank transfers, credit cards, and even e-wallets such as Skrill. Since no minimum deposit is required, advanced and beginner traders will find the platform appealing.
Retail clients can benefit from XTB’s maximum leverage of 1:30. Due to high level of educational materials and transparent pricing policies, the broker is very popular in Malaysia.
| Feature | Details |
|---|---|
| Founded | 2002 |
| Founder Name | Jakub Zabłocki |
| Headquarters | Warsaw, Poland |
| Trading Platform | xStation |
| Payment Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill |
| Minimum Deposit | No minimum deposit required |
| Maximum Leverage | Up to 1:500 (varies by instrument and regulation) |
3.IC Markets
IC Markets, one of the premier CFD (Contract for Difference) brokers in Australia, was established in 2007 by Andrew Budzinski. It is renowned for its ultra-low spread costs and high execution speed, especially appealing to scalpers and high-frequency traders.
IC Markets offers various trading platforms like MetaTrader 4, MetaTrader 5, and cTrader. They also accept payments via bank transfer, credit and debit cards, PayPal, Skrill, and Neteller.
With a minimum deposit of $200, IC Markets maintains a reasonable price while still offering value. IC Markets allows traders the use of leverage up to 1:500, providing operational flexibility under stringent regulations.
| Feature | Details |
|---|---|
| Founded | 2007 |
| Founder Name | Andrew Budzinski |
| Headquarters | Sydney, Australia |
| Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Payment Options | Visa/Mastercard, PayPal, Neteller, Skrill, Bank Wire, UnionPay, POLi, FasaPay, M-Pesa, BTC, USDT |
| Minimum Deposit | $200 |
| Maximum Leverage | Up to 1:1000 (varies by jurisdiction) |
4.Spreadex
In 1999, Jonathan Hufford started the business, which is a British financial services firm located in St Albans, England.
It specializes in both spread betting and CFD trading, which can be accessed through their web-based trading platform that features an intuitive interface alongside sophisticated charting tools.
Payment options provided by Spreadex include bank transfer, debit/credit cards, and direct debit. With a minimum deposit of $1, the firm is incredibly beginner-friendly. For retail clients, maximum leverage offered is up to 1:30.
The firm’s strong UK regulation and focus on customer service makes it a reliable option for Malaysian CFD traders.
| Feature | Details |
|---|---|
| Founded | 1999 |
| Founder Name | Jonathan Hufford |
| Headquarters | St Albans, Hertfordshire, England |
| Trading Platform | Spreadex proprietary platform |
| Payment Options | Bank transfers, debit/credit cards |
| Minimum Deposit | $1 |
| Maximum Leverage | 30:1 (regulated by FCA) |
5.Pepperstone
Pepperstone is a world-renowned CFD broker, established by Owen Kerr and Joe Davenport in 2010 and headquartered in Melbourne, Australia. The broker serves traders with both MT4, MT5, and cTrader, ensuring that novice and veteran traders alike are offered a cutting-edge trading experience.
Bank transfers, credit/debit cards, PayPal, Skrill, and Neteller are all supported by Pepperstone. Getting started with them as a trader is very easy with no minimum deposit requirements.
Known for exceptional customer support, fast execution, and low trading costs, the broker stands out among Malaysian traders and investors, especially considering they offer up to 1:500 leverage to professional clients (1:30 for retail clients).
| Feature | Details |
|---|---|
| Founded | 2010 |
| Founder Name | Owen Kerr & Joe Davenport |
| Headquarters | Melbourne, Australia |
| Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Payment Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller, FPX, Mobile Payments |
| Minimum Deposit | MYR 200 (Standard Account) |
| Maximum Leverage | Up to 1:500 (varies by account type and instrument) |
6.GO Markets
Founded in 2006, GO Markets began in Melbourne, Australia and has established a reputation for excellent customer service. Its founder is Christopher Gore.
GO Markets users have access to advanced trading tools, fast execution, and the ability to operate on the platform at MetaTrader 4 or MetaTrader 5.
The company accepts bank payment options such as credit and debit cards, Skrill, Neteller, BPAY and bank transfers with a minimum deposit of $200.
With GO Markets most traders would find the proposed entry point favorable. Professional clients enjoy competitive leverage rates, with GO Markets offering up to 1:500 (1:30 for retail clients). GO Markets serves Malaysian traders looking for reliable CFD brokers.
| Feature | Details |
|---|---|
| Founded | 2006 |
| Founder Name | Christopher Gore |
| Headquarters | Melbourne, Australia |
| Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, WebTrader |
| Payment Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller |
| Minimum Deposit | AUD 200 (approx. MYR 600) |
| Maximum Leverage | Up to 500:1 |
7.Eightcap
Joel Murphy set up Eightcap in 2009, and it is now an Australian CFD broker located in Melbourne. The company provides effortless market access through MetaTrader 4 and MetaTrader 5, as well as advanced charting capabilities on TradingView.
Eightcap accepts payment via bank transfer, credit and debit cards, Skrill, Neteller, and PayPal. Users with varying trading experience can easily attain this broker’s service, as the minimum deposit is set at $100.
Their support staff is quick to respond , and that, paired with a robust offering of crypto CFDs makes them a compelling option. Professional clients receive a maximum leverage of 1:500 while retail clients receive 1:30.
| Feature | Details |
|---|---|
| Founded | 2009 |
| Founder Name | Joel Murphy |
| Headquarters | Melbourne, Australia |
| Trading Platforms | MetaTrader 4, MetaTrader 5, TradingView |
| Payment Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller, Poli, UnionPay, FasaPay, DragonPay |
| Minimum Deposit | $100 |
| Maximum Leverage | Up to 1:500 (varies by jurisdiction) |
8.Fusion Markets
Fusion Markets, an Australian CFD broker located in Melbourne, was established in 2017 by Phil Horner. It provides access to popular trading platforms, which include MetaTrader 4 , MetaTrader 5, and cTrader, designed for both amateur and professional traders.
Besides, Fusion Markets has an extensive list of supported payment methods, which includes bank transfers, credit or debit cards, PayPal, Skrill, Neteller, local payment methods like DuitNow and FPX, and more, with no fees charged on deposits.
Of particular note, there is no minimum deposit limit, so traders can start with any amount they wish. The firm offers a maximum leverage of up to 1:500 for professional clients and 1:30 for retail clients as per the regulatory requirements. To protect them, Fusion Markets is regulated by ASIC and VFSC.
| Feature | Details |
|---|---|
| Founded | 2017 |
| Founder Name | Oleg Tkachenko |
| Headquarters | Melbourne, Australia |
| Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Payment Options | Bank Transfers, Credit/Debit Cards, PayPal, Skrill, Neteller, FasaPay, Bitcoin, Ethereum, and more |
| Minimum Deposit | $0 |
| Maximum Leverage | Up to 1:500 (varies by account type and jurisdiction) |
9.IG
Established in 1974 by Stuart Wheeler, IG is one of the oldest and most reputable names in CFD trading. Based in London, UK, IG has its own trading platform alongside MetaTrader 4 and mobile trading apps offered, giving access to numerous markets.
Bank transfers, credit and debit cards, and Paypal are also accepted. The broker is favorable for novice and seasoned traders due to the low minimum deposit of $250.
Retail clients have a maximum leverage cap of 1:30 while professional clients are given the option for higher leverage. IG is favorable for Malaysians with its high level regulatory compliance and comprehensive features.
| Feature | Details |
|---|---|
| Founded | 1974 |
| Founder Name | Stuart Wheeler |
| Headquarters | London, United Kingdom |
| Trading Platforms | IG Trading Platform, MetaTrader 4 |
| Payment Options | Bank Transfers, Credit/Debit Cards, PayPal, Wise, BPAY |
| Minimum Deposit | MYR 0 (USD 200 recommended) |
| Maximum Leverage | Up to 1:30 (varies by asset class) |
10. Fxcm
FXCM, or Forex Capital Markets, was created in 1999 when Drew Niv and William Ahdout partnered together. They offer a lazy named Trading Station as well as MetaTrader 4 and Ninja Trader 8, where novice and expert traders can engage with the markets.
Their services include bank wires, credit cards, PayPal, Skrill, and Neteller for deposits and withdrawals making the payments seamless. FXCM offers an appealing opportunity for inexperienced traders with a minimum deposit of $50.
With a maximum leverage of 1:200 on CFDs, FXCM has a low barrier to entry. Funds are safeguarded while traders enjoy a frictionless environment under a plethora of regulations including the FCA, ASIC, and CySEC.
| Feature | Details |
|---|---|
| Founded | 1999 |
| Founder Name | Drew Niv and William Ahdout |
| Headquarters | London, United Kingdom |
| Trading Platforms | Trading Station, MetaTrader 4 (MT4), NinjaTrader |
| Payment Options | Bank Transfers, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay |
| Minimum Deposit | $50 (approximately MYR 230) |
| Maximum Leverage | Up to 1:1,000 (varies by account type and jurisdiction) |
Conclusion
To sum up, as exemplified by Saxo, XTB, and IC Markets, Malaysia hosts some of the best CFD trading platforms, each serving distinct trader preferences.
These platforms guarantee a productive experience regardless of whether your focus is on low cost, elevated leverage, or sophisticated trading technologies. Always select a platform according to your trading strategies and preferences.
