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Best Stock Trading Platforms allowed to trade in Malaysia. Rating with real reviews

1
JustMarkets
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
2
VT Markets
VT Markets strives to provide exceptional trading environments for its clients. We exceed the expectations of global financial regulators. We understand that traders in this sector want to trade with security and confidence. Over 200,000 clients around the world have active trading accounts with us. They rely on our services to protect their assets every single day. Client funds are kept in separate accounts at the AA-rated Commonwealth Bank of Australia. CBA is Australia’s largest financial institution. It is Australia's largest financial institution with a market capitalization of more than $180billion. More than 16 million customers are served by it. It consistently ranks among the top 20 most secure banks worldwide. VT Markets has professional indemnity coverage which covers the work of our representatives and employees.
VT Markets Pros
Reliable custodian bank and parent company that is financially stable
It permits trading with STP, ECN, or Islamic accounts.
Reputable third-party platforms offer a wide variety of investment options.
Margin trading using leverage up to 1 500 for cryptocurrency pairs
Trading commissions for ECN are average and market spreads are exact for all account types.
Trades can be made in MetaTrader 4/5 on desktop or mobile, and in the web version.
VT Markets Cons
For novice traders, the minimum deposit is $200
Access to micro (cents) accounts is not available.
The list of assets available does not include ETFs and cryptocurrencies.
3
IC Markets
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
4
Vantage
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.
5
XTB Online Trading
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.
6
FP Markets
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.
7
OctaFX
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.
8
ForexTime
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
9
AvaTrade
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
10
XM Group
XM has over 600 employees who have extensive financial experience. Traders of all levels and languages choose XM as their broker of choice. We are a large broker and have the resources and experience to help investors achieve their investment goals. Our management has visited over 120 cities in order to meet clients and partners. We believe in human interaction. We have hosted hundreds of seminars around the world to help traders make better trading decisions. Traders have embraced XM throughout the years because of our exceptional customer service and refreshing approach. XM enjoys a high level of client retention.
XM Group Pros
XM Broker guarantees 100% execution, 99.35% orders delivered almost immediately. No requotes guaranteed;
No "markup" for narrow spreads (broker margins above spread)
More than 1,000 trading instruments. More than 55 currency pairs are available for trading, including CFDs on cross-rates, metals (including platinum and palladium), commodities (cocoa or cotton, grain), and stocks
No commission is charged for money withdrawals or replenishment. XM Broker is responsible for all costs associated with payment systems.
Support available 24 hours a day in more than 30 languages.
XM Group Cons
Passive investment services (social trading platform and PAMM accounts);
Expanding their limited selection of trading platforms. Despite having 16 terminals available, the broker only offers modifications to MT4 or MT5 for desktop, mobile, and browser trading.

HOW TO SEEK THE BEST STOCK-TRADING PLATFORM IN MALAYSIA

Before you can trade, you have to ask the person what their goal is. The exchange will only be available to a beginner who is looking to make a living and work for himself. There are other options if the trader prefers to work through intermediaries.

It is important to remember that every website has its own specifics. This should be taken into account.

Stock Broker Quality and Usability

Some platforms can be slow or unresponsive, which may affect both the display of exchange rate graphs and the time it takes to complete transactions. Trades are often mad at slow programs, but intraday traders are not likely to notice.

Stock Broker Regulation & Trust

This market has been inundated by fraudsters due to the widespread use of Stock Trading Platforms, available in Malaysia, and the advent of Internet technology. It is not difficult for scammers to create scam-laden companies that siphon off your money. These companies are not licensed as a broker, have no regulatory bodies, or partners. These platforms promise instant profit and mountains of gold. Many people who fall for these scams lose their entire money.

It’s therefore important to pick the best Stock Trading Platform Malaysia which is owned or controlled by big-name companies who have good regulatory support.

Online Security and Account protection

Security of transactions, confidentiality, and other factors are built into the platform. These factors depend on the stockbroker chosen.

Brokerage Account Offerings

Pay close attention at the daily trading volume. A high turnover rate is a sign that an exchange is popular. The more trading volume an exchange has, the better your chances of making money trading there.

Broker Account Fees

Paid software from most brokers provides reliable data, as well the guarantee of legal and accurate exchange data in real-time. A failure in the self-made platform will result in the trader potentially losing more than the quality subscription.

You should also remember that brokers charge a commission. Depending upon the volume of traded shares, the commission at different brokers can be very different. It can range anywhere from $0.3-$3.

Brokers are available where the commission is not charged to trader. Or Stock Trading Platforms that offer a free bonus. Consider what hidden fees may apply in these cases.

Commissions for trading

OTC Trading, where data is often not sourced from the markets but generated internally, should be ignored. The cost of the software is an important factor. The market date is information about buying, selling and other transactions. This information is provided by the broker via the exchange and is always paid. However, if the broker offers you a no-cost trading terminal (and therefore a no-cost market date), this is something you should seriously consider. If the software is offered for free, it will be best to pay some hidden fees.

Customer Service

Software that is free will likely be as good or better than the one you pay. Traders will have to deal with incontinences like the inability of sending an order, constant freezes on the platform, or complete inoperability. We already mentioned that the request may not go directly to the exchange, but to the server of a company providing the platform. This is where we find the biggest problem. Because the trader has no control over it, and often falls prey to unscrupulous corporations. Be wise when selecting a broker.

See reviews from customers on the Internet

Check out the reviews for the different Malaysian trading platforms. Each website will post only positive things about itself. An independent observer or someone with real-world experience with Malaysian Stock Trading Platforms is the only way to find out the truth.

Depositing and withdrawing money

You need to be careful when withdrawing and depositing money. Be sure to research the details of how fast and in what currency you are able to deposit and withdraw funds. You also need to be aware of what payment systems it accepts.

Which stock trading platforms do I have access to in Malaysia

Malaysia has many stock-trading platforms. We will show you the top rated and most popular Stock Trading Platforms of Malaysia.

Stock Trading Platforms

JustForex

AvaTrade

OctaFX

FP Markets

HotForex

ForexTime

IC Markets

Alpari

XTB Online Trading

XM Group

How much money is required to begin investing?

To start investing in the stock exchange, you don’t need to have millions. For beginners, the best Stock Trading Platform is available in Malaysia. You can even start with as low as $10. You will also be able to earn more the more that you invest.

Can I buy stock without a broker

Yes, you can trade your stocks without a broker. But you’d need to open your brokerage account, or purchase direct stock via dividend reinvestment.

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