Today, the Forex market is one of the largest, most liquid markets in the world, with an average daily turnover of $3.98 trillion dollars! If you’re trying to find the best forex brokers in the Malaysia, you may be overwhelmed with all of your options out there. With over half of the market share controlled by an estimated 100 companies worldwide, it can be tough to tell which ones are worth your time and money. 

A Forex broker is an intermediary between you and the actual exchange that allows you to trade currencies online. 

Forex trading is one of the best ways to make money online as a beginner, since it’s more flexible than some of the other ways. That being said, it can also be very confusing when you’re new and trying to figure out which forex brokers are best and which ones you should avoid altogether. With all that said, here are the top five best forex brokers in our opinion!

We’ve put together this list of the best forex brokers in Malaysia as of 2022.

Forex Trading Platforms for Beginners

If you are new to forex trading and want to explore the different platforms available, it can be a daunting task. You need to make sure you have the right information before making any decisions. There are many factors that need to be considered for this type of decision. This blog will help you identify the best forex brokers for beginners. We will discuss what is important when considering which platform is best for your needs and give recommendations on what we believe are the top 5 forex trading platforms out there today. XM Group, Pepperstone, RoboForex, avatrade, Exness, Amarkets.

XM Group

Finding the best forex broker can be tough. To save you the hassle, we’ve compiled a list of the top five brokers to meet your needs. We chose XM Group as our number one pick because they offer spreads from 0.1 pips and their wide variety of currencies, plus they have great customer service. Saxo Bank is ranked as number two because they offer some great tools that might not be seen with other brokers, like social trading and trend indicators. Pro100 is our third place choice because they are located in countries all over Europe and offer demo accounts to try before you trade, unlike a lot of the others who offer only live trading accounts.

Pepperstone

Pepperstone is one of the best Forex brokers in the market for a number of reasons. Firstly, it offers tight spreads and trading margins which allows you to make a profit more quickly than with many other brokers. Secondly, Pepperstone provides a wide range of products and services which can be great if you are looking to trade currencies as well as stocks or commodities. Thirdly, Pepperstone is regulated by ASIC so you can trust that your funds are safe. Finally, the customer service is excellent with professional staff available 24/7 who can help with any question or issue that may arise.

AvaTrade

AvaTrade is a financial trading platform that allows you to trade currencies, indices, commodities and stocks. AvaTrade is a CFD broker with advanced features and tools for professional traders as well as beginner traders who want to start with a limited investment. AvaTrade offers traders the opportunity to trade on margin, short-term trading and long-term trading strategies. AvaTrade also has a wide range of assets available for trading which includes Forex, Stocks, Indices, Commodities and Currencies.

Exness

Exness Forex broker is an online CFD trading platform that offers a variety of instruments including stocks, currencies, commodities, and indices. It was founded in 2005 and headquartered in Singapore. Exness has over 1 million traders from more than 180 countries. They offer fast execution speeds with no commission on trades. They have several advanced features including market analysis, trade alerts and one-click trading. One click trading means you can quickly place your order by clicking the green BUY button. Trading platforms available are MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Amarkets

Amarkets is a leading forex broker with a strong focus on customer service, education, and innovation. Founded in 2012, the company has grown to become one of the most innovative trading platforms in the industry. Amarkets provides traders with an unmatched experience on their award-winning trading platform that is available for desktop and mobile devices. With state-of-the art webinars and educational resources, traders will gain access to all the tools they need to succeed. Furthermore, Amarkets offers customers competitive spreads, fast execution speeds, and advanced charting tools for executing trades when it's time. You can take advantage of this by opening a demo account today!