How to Choose Broker in 2025
The brokerage market in Malaysia is experiencing rapid growth in 2025. Traders and investors are increasingly seeking platforms that combine security, competitive trading conditions, advanced technology, and user-friendly interfaces. With so many choices available, finding the right broker can be challenging.
We’ve compiled a list of seven brokers available to Malaysian traders, selected based on three main criteria:
We’ve compiled a list of seven brokers available to Malaysian traders, selected based on three main criteria:
- Reliability – Regulation, security of funds, and market reputation
- Financial attractiveness – Low fees, tight spreads, and market access
- User comfort – Platform usability, customer support, and additional features
7 Trusted Brokers for 2025
1. PrimaX
Website: https://primaxbroker.com/en
A brokerage platform launched in 2025, Primax focuses on both cryptocurrency and traditional financial markets. Founded by a team with extensive experience in fintech and trading, the broker leverages aggregated liquidity sources and offers tools for both manual and automated trading.
A brokerage platform launched in 2025, Primax focuses on both cryptocurrency and traditional financial markets. Founded by a team with extensive experience in fintech and trading, the broker leverages aggregated liquidity sources and offers tools for both manual and automated trading.
- Fees: Crypto spot from 0.01%, futures from 0%
- Instruments: 1,000+ assets including crypto (spot & futures), stocks, oil, gas, indices
- Pros: Automated copy trading, liquidity aggregation, partner programs
- Cons: Fintech startup
- Best for: Professional traders and beginners
2. Maybank Investment Bank
Website: https://www.maybank2u.com.my/
Malaysia’s largest broker, offering access to Bursa Malaysia stocks and derivatives, as well as certain international markets.
Malaysia’s largest broker, offering access to Bursa Malaysia stocks and derivatives, as well as certain international markets.
- Fees: From 0.05% per trade
- Instruments: Stocks, ETFs, bonds, derivatives
- Pros: Direct Bursa Malaysia access, strong research capabilities
- Cons: Limited crypto and Forex offering
- Best for: Investors focused on local assets
3. Affin Hwang Capital
Website: https://www.affinhwang.com/
A well-known Malaysian investment bank serving both institutional and retail clients.
A well-known Malaysian investment bank serving both institutional and retail clients.
- Fees: Custom pricing
- Instruments: Stocks, bonds, derivatives, funds
- Pros: In-depth research, long-standing market presence
- Cons: No focus on digital assets
- Best for: Long-term investors
4. PhillipCapital Malaysia
Website: https://www.phillip.com.my/
Part of an international financial group offering access to Asian and U.S. markets, including online trading services.
Part of an international financial group offering access to Asian and U.S. markets, including online trading services.
- Fees: From 0.08% on stocks
- Instruments: Stocks, ETFs, futures, Forex
- Pros: International reach, user-friendly platform
- Cons: Higher minimum deposit than average
- Best for: Active traders seeking overseas markets
5. Moomoo Malaysia
Website: https://www.moomoo.com/my
A modern digital platform launched in Malaysia in 2024, with a strong focus on IPOs and global markets.
A modern digital platform launched in Malaysia in 2024, with a strong focus on IPOs and global markets.
- Fees: 0% on Malaysian stocks during promotional period
- Instruments: Stocks, ETFs, IPOs, U.S. and Hong Kong markets
- Pros: Fully digital account opening, online IPO subscriptions
- Cons: Limited cryptocurrency options
- Best for: Beginners, IPO-focused investors Website: Visit site
6. Fusion Markets
Website: https://fusionmarkets.com/
An international Forex and CFD broker accepting Malaysian clients.
An international Forex and CFD broker accepting Malaysian clients.
- Fees: Spreads from 0.0 pips + $2.25 per lot
- Instruments: Forex, CFDs on stocks, indices, commodities
- Pros: Extremely low fees
- Cons: No local office in Malaysia
- Best for: Forex traders and scalpers
7. Interactive Brokers
Website: https://www.interactivebrokers.com/
One of the world’s largest brokers, known for ultra-low costs and access to more than 150 global markets.
One of the world’s largest brokers, known for ultra-low costs and access to more than 150 global markets.
- Fees: From $1 per trade
- Instruments: Stocks, ETFs, options, futures, bonds
- Pros: Professional trading tools, TradingView integration
- Cons: Steeper learning curve for beginners
- Best for: Experienced traders and investors
Trading Tips for Traders
- Check broker licensing. In Malaysia, online trading is regulated by the Securities Commission Malaysia (SC) — choose platforms that are SC-approved
- Compare fees and spreads. Even small differences in trading costs can impact your overall returns.
- Use demo accounts. Test the platform and your strategies in a risk-free environment before going live.
- Be aware of market hours. Global markets and crypto trade 24/7, but Bursa Malaysia has fixed trading sessions.
- Manage leverage wisely. Especially with volatile instruments like cryptocurrencies and CFDs.
- Evaluate drawdowns in copy trading. High returns without proper risk analysis can lead to significant losses.