ASIC, CySEC, DFSA +2 more
Trusted Forex Brokers In Malaysia - Internationally Regulated
Malaysia forex brokers are some of the most recognizable names in the industry. Licensed and regulated by top-rated agencies, forex brokers in Malaysia offer a wide selection of forex, CFDs, and commodities for trading. Forex brokers in Malaysia grant access to major and minor currency pairs around the world, while also providing exposure to some exotic pairs from within the region. Forex brokers need to meet specific regulatory standards and obtain a license from the SC to offer services to Malaysian residents. Online trading is popular in the country, with major currency pairs, such as the EUR/USD, GBP/USD, USD/CHF, and USD/JPY. The Malaysian financial system is rapidly developing, which means that more and more residents of the country have access to online trading platforms. Aside from currency pairs, top forex brokers in Malaysia also offer crypto and stock CFDS, which are also popular in the country. Internationally licensed forex brokers in Malaysia have a wide range of assets to offer the local market, which helps integrate the country into the global forex market.
Overall, while Malaysia’s local financial market may not be highly developed, online currency trading is nonetheless popular in the country. With brokers licensed by the Securities Commission Malaysia (SC), as well as highly reputable international licensing bodies, such as CySEC and FCA, local traders have a wide selection of instruments to choose from, while their assets are secured by top-rated agencies. In a major commodities exporting region, such as South-East Asia, forex brokers in Malaysia also offer a solid selection of commodities, such as gold, silver, copper, sugar, timber, coffee, etc. Traders looking to open a forex trading account in Malaysia will be met with a simple procedure, which is further simplified by the presence of internationally regulated forex brokers in the country. With a nominal GDP of over $447 billion and a per capita figure of $13,400, Malaysia’s economy is growing, which also increases the interest in currency and CFDs trading in the country.