MYR Forex Account
Compare regulated brokers that accept the Malaysian ringgit (MYR) as a base currency for their trading accounts.
Brokers we recommend
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Broker 1
E********* is an offshore broker trusted by over 500,000 active clients. Trade Forex, crypto, commodities, stocks and indices on MetaTrader 4 or 5 with unlimited leverage (conditions apply).
Broker 2
Trade CFDs on over 250 instruments with high leverage and low spreads through J**************. This broker accepts all trading styles and Expert Advisors on MetaTrader 4 and 5.
Broker 1
E********* is an offshore broker trusted by over 500,000 active clients. Trade Forex, crypto, commodities, stocks and indices on MetaTrader 4 or 5 with unlimited leverage (conditions apply).
- Likes
- Low and stable spreads.
- No swap charges across most FX pairs.
- Unlimited leverage on MetaTrader 4 and 5 (conditions apply).
- Withdrawals processed instantly in a wide range of currencies.
- Negative balance protection is available.
- Dislikes
- No access to a compensation fund in the event of bankruptcy.
- No CFDs on agricultural commodities, ETFs or government bonds.
Once you start trading with E*****, you soon understand why this broker is trusted by over 500,000 active clients. We traded through its MT5 Standard account with spreads from just 0.3 pips. Most instruments have no swap charges at all, which makes it easy to estimate how profitable each trade could be.
You'll find a wide range of instruments through its platform. These include over 100 currency pairs, crypto, U.S. stocks, global indices and commodities. The gold and silver crosses against the euro, the British Pound and the Aussie dollar will appeal to gold bugs.
Its web trading platform, built around TradingView charts, is sleek. If you're into technical analysis, you'll be able to customise charts with over 100 indicators and save them for later. Visit E********* to create an account and see for yourself what this broker has to offer.
Read reviewBroker 2
Trade CFDs on over 250 instruments with high leverage and low spreads through J**************. This broker accepts all trading styles and Expert Advisors on MetaTrader 4 and 5.
- Likes
- Flexible leverage up to 1:3000.
- All trading strategies and EAs are allowed on MT4/5.
- You can also trade on raw spreads, plus commission.
- No fees on deposits or withdrawals.
- Dislikes
- No access to an investor compensation fund as this broker is incorporated in the Seychelles.
- Bank withdrawals in some countries can be unreliable.
J************** offers trading accounts for traders both new and experienced. Its Standard and Standard Cent accounts, designed with beginners in mind, have a low US$10 minimum deposit. Its Pro and Raw Spread accounts will appeal to day traders and scalpers.
We like that it supports a wide range of account currencies: USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, and even ZAR. If possible, open a trading account in your currency to avoid currency conversion fees. In addition, it charges no fees on deposits or withdrawals.
Our withdrawals have generally been processed swiftly. However, our first bank withdrawal took several weeks because of an error by its payment provider. During that period, customer support was slow to respond and acknowledge the underlying problem.
Read reviewBrokers that accept MYR
JustMarkets
If you live in Malaysia, you can open an MYR trading account with J************** and fund it in ringgit. JustMarkets accepts a wide range of payment options, including local bank transfers from Malaysian banks, as well as Skrill and Neteller. JustMarkets charges no fees on deposits or withdrawals and aims to process these instantly. Create a free account to see all funding options available to you.
Exness
You may also open an MYR trading account with E*********. However, you should note that Exness doesn't provide services to persons or legal entities that reside in Malaysia and a few other countries.
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About the author
I'm Stefan, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.