Best Training courses providers in Malaysia
Best Forex Copy Trading brokers allowed to trade in Malaysia. Rating with real reviews
JustMarkets is a broker who helps people make money in the financial markets by offering them the best conditions. Our international brokerage allows us to work with clients all over the globe. This allows us to recognize that everyone has their own values. When developing our services, we take into account the different cultures, countries and trading experiences of our clients. JustMarkets offers a range of trading accounts that offer many trading tools so that every trader can find the right one. We keep an eye on current trends to improve the services we offer traders as well as partners. We want them to be able to do the things they love without being distracted by other things.
JustMarkets Pros
Easy to use trading platforms for web, desktop and mobile.
Good selection of forex currency pairs to trade.
Spreads from 0.0 pips and quick execution speeds.
Managed accounts and copy trading solutions.
Decent variety of training articles are provided.
Free demo accounts to practice trading online.
Plenty of quick and easy payment options available.
Islamic accounts for Muslim traders.
Responsive 24/7 support team.
Client funds are kept in segregated bank accounts
JustMarkets Cons
Lack of top-tier regulation
There is a limited choice of trading instruments
Clients from many countries are not accepted
Inactivity Fees may apply after following several days of dormancy
Withdrawal fees are charged
No FIX API connectivity
IC Markets is a popular Forex CFD provider. They provide trading solutions for active traders and scalpers, as well new traders to market. IC Markets offers its clients cutting-edge trading platforms, superior liquidity, and low latency connectivity. IC Markets is revolutionizing online forex trading. Traders have now access to pricing previously only available to high-net-worth individuals and investment banks. Our management team is well-versed in CFD, Forex, and Equity markets in Asia as well as North America. We have been able to identify the best technology solutions and pricing providers on the market thanks to this experience.
IC Markets Pros
A large selection of tools for work - more than 90
Low spreads - starting at 0 pip
High speed order execution
Many training materials for analytic skills are available.
Ability to trade using a mobile device
Trading advisers are allowed.
Spread monitoring, risk depth, and risk calculator are just a few of the additional resources available.
Ability to engage in scalping or hedging
IC Markets Cons
There are no extra bonuses or contests for traders
There may be delays in payment for up to two days
Weekend trading is prohibited
Vantage is a global CFD broker with multi-assets that provides clients access to powerful and flexible CFD trading services on Forex, Indices, and Commodities. Our traders have enjoyed trading for more than 10 years. We take great pride offering lightning-fast executions with competitive spreads. Our trading tools, drawing, analysis and market analysis tools are available to help you make the most of CFD trading opportunities. Clients can access our markets through the powerful MetaTrader4 or MetaTrader5 platforms, as well as WebTrader and our mobile app. There are many payment options. Vantage offers you an edge in trading.
Vantage Pros
Vantage is a registered broker in two tier-1 and one tier-3 jurisdictions. This makes it an average risk broker (safe) for forex and CFD trading.
Indemnity insurance is held to provide additional protection beyond what is required by regulations.
Vantage has done a great job integrating TradingView into the MetaTrader suite.
Smart Trader add-ons available for MetaTrader and multiple social-copy-trading platforms (not offered in Australia).
Vantage ranks again among the Best Copy Trading Brokers for 2022.
Vantage Cons
Pro ECN accounts require a minimum deposit $20,000 which makes them unsuitable for budget investors.
A $1,000 deposit is required to gain access to the Pro Trader Tools powered By Trading Central.
The spreads on the Standard account are not impressive unless you deposit at minimum $10,000 to be eligible for active trader rebates.
XTB boasts nearly 20 years experience and is the largest stock exchange-listed FX & CFD brokerage. There are 13 offices, including in the UK, France and Germany. XTB is dedicated to providing the best trading experience possible for its clients. These are our core values. Technology is an integral part of investing and finance. We know this and strive to make our trading app more in line with current trends. Our goal is to make xStation a top-rated and functional trading app. Since 2000, more than 495,000 people have trusted us. The world's most respected supervision authorities, CySEC, KNF, and FCA regulate us. Your investments will be protected. Our clients receive free insurance from Lloyd's of London. This insurance provider is well-respected and has coverage up to 1 million Euros, GBPs, or AUD depending on their location. The insurance covers all XTB clients. No registration is required.
XTB Online Trading Pros
XTB was founded in 2002 and is listed on the open market. It is regulated in one tier-1 country, making it a safe broker (low risk) to trade forex and CFDs.
XTB's xStation platform suite offers excellent usability and a wide range of trading tools.
XTB has a wealth of educational videos and written content. There are over 200 lessons available via the Trading Academy.
XTB U.K. has recently introduced zero-dollar commissions on share CFDs.
XTB Online Trading Cons
Except for its weekly webinars XTB doesn't provide daily video updates (but it does in other languages).
Only the EU branch of XTB in Poland can offer cash equities.
MetaTrader 4 (MT4) has been discontinued by XTB's U.K. and Cyprus branches. However, it can still be requested from selected global XTB offices.
The custom investment basket tool was temporarily removed from xStation 5 platform.
Our goal was to create a Forex trading platform that would allow traders to access all products on global markets. Traders choose FP Markets to trade CFDs in Forex and Shares from one account. We are unique because we have a deep understanding of traders. When they offer the right price, execution speed, and cutting-edge platforms, our clients can trade confidently. We know that customers require customer support and market analysis. We are committed to the interests of our clients as a global forex broker. We are known for our firm commitment to excellence, which is why we are one of the most trusted forex brokers in the world.
FP Markets Pros
FP Markets was founded in 2005. It is regulated by one tier-1 and one tier-2 jurisdictions, making it a safe broker (average risk) for trading forex or CFDs.
FP Markets offers MetaTrader Suite, as well as ultra-competitive spreads via its Raw ECN account.
FP Markets was again voted Best in Class for MetaTrader and Commissions and Fees in 2022.
FP Markets offers access to Iress Platform Suite which has over 8,800 tradeable symbol.
FP Markets Cons
Although the new mobile app by FP Markets is a welcome addition, it still lacks many features that are common in top mobile trading apps.
Although the educational content of FP Markets isn't particularly strong, it has improved over time with podcasts and more articles.
FP Markets' Iress platform focuses more on share trading than forex. Data fees can quickly add up if you are not an active trader or have a high-balance accounts.
FP Markets' social trading portal is compatible with MetaTrader 4 but lacks advanced performance metrics like copy trading leaders.
OctaFX is your trusted business partner in the Forex market Forex traders can count on us to make the right trading decisions. It's possible to experience it for yourself. Our exceptional services will help you gain access to the Forex market. We guarantee clear and accurate management of your funds, transparency in trading conditions, as well as an easy-to use service to deal with any other issues that might hinder you from making a profit. We offer the knowledge and tools to make sure you trade safely and efficiently. Every year, we strive to improve our standards to ensure that you have the best possible trading experience with OctaFX. We are the #1 Forex broker.
OctaFX Pros
Spreads as tight at 0.6 pip, no broker fees for withdrawals and deposits
Trading options include copy trade services, as well as access to a large range of assets.
Available minimum deposit. To trade, you must first deposit $100
CySEC has granted it permission to engage in brokerage activities in Cyprus.
More than 97% executed orders without slippage
Ability to choose the type of spread (fixed/floating) for MT4 accounts.
OctaFX Cons
CFDs or cryptocurrencies can not be traded on a cTrader account.
Only a few investment options can generate passive income.
The list of payment options changes often.
The amount of EPS commissions is not indicated on the company website.
FXTM was founded because trading was too exciting only for a few. As traders ourselves, we saw the potential for the internet to offer opportunities to anyone who was willing and able to learn. We established three guidelines to help others find their opportunities. Trust. Anyone who trades with us can do so with total confidence if there are the appropriate licensing and regulations in place. We pledged to keep customer funds separate, so no one would lose any of their money in the event that things go wrong. We promised to be transparent, open, honest, and truthful. Transparency and honesty were our promises. There would be no hidden fees or secrets in trading statistics. Access. Access should be easy. If Warren Buffet can trade it, it should be possible for it to be traded. Because you can't profit from what it's not, we offer access to world-class education that money cannot buy. Value. Value. Our agreement was to keep trading costs low and to work with our customers to make them profitable traders. After all, if you do well, we do well. Every action we take is still measured against the "three mores". Trust, accessibility and value. FXTM gives you more.
ForexTime Pros
Register quickly and get verified
Based on your knowledge and experience, flexible leverage can increase.
This product is for people who do not pay interest or don't want to.
FXTM offers flexible leverage that will give your company the competitive edge you want.
Flexible leverage can give you the competitive edge that you seek
You can trade gold with our leveraged and exchange traded funds
Regulated by multiple jurisdictions, even though they are not EU members
ForexTime Cons
Trades with standard lots of 30 standard lots have a very low maximum order size
ECN accounts can't be used to increase limit or stop levels after execution.
Inactivity and withdrawal fees
Margin limits and leverage caps for ECN Accounts
AvaTrade pioneers online trading since 2006. With 7 regulations on 6 continents, we are one of the best brokers in the business. We offer many assets and leading platforms. Trade conditions that are generous Integrity is more than a word. We believe in a customer-first approach to business. All we do is guided by the values of integrity, quality, and transparency. AvaTrade believes in empowering people to trade and invest with confidence in an innovative and reliable environment. It is supported by uncompromising integrity and best-in-class service.
AvaTrade Pros
SharpTrader offers high-quality education offerings
A wide range of trading platforms are available to meet your trading needs.
Diversification options and asset selection across multiple assets
Trusted and well-respected broker, with supervision from a central banking
Support is available in 14 languages, and trading platforms are available in 20 languages
Demo/practice account available for testing out
AvaTrade Cons
Trade costs are competitive, but not special
It is not allowed to accept customers from the U.S., as it's not regulated there.
Transferring funds to your account can take up five days, withdrawals may take up 10 days
HotForex is a top commodities and forex broker that offers both retail and institutional clients trading services. HotForex is the most preferred forex broker in the world because it provides the best trading conditions, and traders can use expert advisors to gain unlimited access to its liquidity. HotForex offers a range of trading software and accounts that enable individuals and institutions to trade Forex online. All White Label Affiliate clients have access to liquidity and spreads through automated trading platforms. HotForex offers many account options, so clients can choose which one best suits their trading needs. HotForex provides clients of all levels with the tools and services they need to achieve their trading goals.
HotForex Pros
FX Blue Labs created Premium Trader Tools in order to improve the default MetaTrader suite.
HotForex can combine market analysis with news and third party research content.
A team of in-house researchers produces special research reports that include monthly, quarterly and annual outlooks.
HotForex's Traders Board module offers sentiment and correlation data.
HotForex Cons
HotForex's educational content is not of high quality, despite the large number of videos.
All accounts have slightly higher trade costs than the industry average.
HotForex's copy trading platform HFcopy is 300 EUR. It allows you to copy existing strategies. It's not as mature than eToro.
Although the HF app is more user-friendly now, trading is still prohibited. HotForex traders need to use MetaTrader.
Our mission is to make clients successful and expand the financial service industry in all countries we operate. We continue to innovate and keep the services we offer as relevant as possible. Since the beginning of our 20-year history, sponsorship programs have been a key part of our work. Many sports teams have been supported by us. In 2018, we reached the North Pole, planted the Alpari flag there and set two world records. There are many other plans for the future. The Alpari Charitable Fund was established in 2005. Over the past 15 year, more than 37,000 people have been supported by the charity. It has hosted over 750 fundraising events and paid more than 1,200 children for their medical care. The fund also supported more than 18,000 families with humanitarian assistance. The fund currently has more than 10 programs in place that help it to focus its efforts and achieve more. The Alpari Charitable Fund currently employs over 100 volunteers.
Alpari Pros
Trading accounts are available to traders with different goals and experience levels.
Customer support services offer efficient and high-quality service;
There are many options to replenish or withdraw your funds.
There are many educational tools available
It is a good choice for beginner traders. It offers automated trading and participates in many projects.
Binary Options can be used to trade.
Alpari Cons
Weekend trades are not possible
After some delay, you can withdraw funds
Only VIP traders are eligible to receive deposits or withdrawals commissions.
Only traders with standard accounts can trade on the MetaTrader5 platform. Only traders with MetaTrader 4 accounts can have swap-free Forex Islamic accounts.
Copy trading can be a great idea?
Many people are afraid to try new things, because they believe they lack the necessary skills to succeed. Copy trading is a great choice for novice traders. Copy trading allows you to practice proper trade execution by learning slowly. This means that you can learn Forex trading in Malaysia and also make money. This can help you feel confident that you will be able to make profits if you follow the advice of traders who have been trading since the beginning. This means that you will be supported hand in hand by the top Forex traders through every trade you make.
Copy trading can be a good option for beginners.
If you are a beginner trader and have no trading experience, copy trading can be a great place to start. You don’t have to spend your time learning about the markets, you can copy the success stories of more experienced traders.
Can you get rich copy trading?
Copy trading, if a trader can find a Malaysian trader who is successful, can result in high profits. Copy trading is fraught with market risk. If a strategy is copied, a trader can lose all their money. If traders trade instruments that aren’t liquid in volatile markets, liquidity risk can also be a concern. When a product trades experiences rapid declines, rallies, or other systematic risks, traders can be exposed to these kinds of risks.
How do I get started with copy trading in Malaysia?
- 1. Choose a trader. You can search traders based upon their performance, assets, and risk score.
- 2. Enter a number. Enter a total amount. The proportions will automatically be calculated.
- 3. Click Copy. Click the “Copy” button to automatically copy trader positions.
It is easy to start copy trading. It’s easy to set up copy trading. Select the user that you want to copy, enter the amount, and click COPY.
Is copy-trading legal in Malaysia?
Copy trading is legal in Malaysia if your broker is properly regulated by either the Commodity Futures Trading Commission (for forex) or Securities and Exchange Commission (for stocks).
How much does it cost to start copy trading in Malaysia?
To start copy trading in Malaysia, you don’t have to spend a lot. You can begin copy trading in Malaysia starting with $100. However, your chances of success are limited if your income is less than that.
To limit your options, you might start with a lower amount. You could run out of margin quickly. Signal providers may require minimum investments to ensure trades go through.
Which broker is best for copy trading in Malaysia
These are the Top Copy Trading Platforms In Malaysia
- • JustForex
- • IC Markets
- • Vantage
- • XTB Online Trading
- • FP Markets
- • OctaFX
- • ForexTime
- • AvaTrade
- • HotForex
- • Alpari
Do I need to pay copy trade fees?
You can always replace your existing traders, but you’ll need a separate Invest account in order to keep track. Copy trading is free, except for the profits they make.