1. Home
2. Day Trading in Malaysia

Best Day Trading Platforms in Malaysia 2025

Written By

Michael MacKenzie

Written By

Michael MacKenzie

Michael is a writer and editor with over a decade in journalism and publishing. His niche lies in editing and fact-checking content in the financial services sector, with a focus on online brokers and trading platforms. Michael previously reported on politics and economics in the Middle East and edits books for established publishers.

» Michael MacKenzie Profile Page

Edited By

James Barra

Edited By

James Barra

James is an investment writer with a background in financial services. As a former management consultant, he has worked on major operational transformation programmes at prominent European banks. James authors, edits and fact-checks content for a series of investing websites.

» James Barra Profile Page

Fact Checked By

Jemma Grist

Fact Checked By

Jemma Grist

Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.

» Jemma Grist Profile Page

Updated

Apr 2, 2025

Malaysia’s growing export economy and natural resources provide opportunities for active traders, who can speculate on commodities like oil, stocks traded on the Bursa Malaysia, and more, using day trading platforms.

The Securities Commission (SC) supervises the country’s financial services providers, but many residents opt for international brokers owing to their excellent investment offering, intuitive charting tools, robust regulatory oversight, and swap-free accounts given that Malaysia is a Muslim-majority country.

Jump into DayTrading.com’s pick of the best day trading brokers in Malaysia, selected after first-hand testing.

Methodology

We compiled our list of the top brokers in Malaysia by filtering our database to find every platform that accepts traders in Malaysia and then ranking them by their overall rating, which assesses their performance across a range of day trading metrics.

How To Choose A Day Trading Broker In Malaysia

While ultimately a personal decision, after years of using, assessing and rating day trading brokers, we know what Malaysian day traders should look for when choosing a brokerage:

Choose A Broker You Can Trust

Only invest your ringgits with a day trading broker you can rely on.

Our first step to determine whether a broker is trustworthy is to check whether it’s regulated, and if so, the quality of that regulatory oversight.

In line with DayTrading.com’s Regulation & Trust Rating, Malaysia’s SC is a ‘yellow tier’ agency, providing reasonable regulatory oversight, though not as robust as ‘green tier’ bodies like neighboring Singapore’s MAS.

Other hallmarks of a broker you can trust are a track record stretching back 10+ years, a large client base in Malaysia and further afield, and excellent reviews from other day traders and industry experts.

Choose A Broker With Markets You Want To Trade

Great day trading brokers offer a range of markets, whether Malaysian securities or global markets.

For some Malaysian traders, this will mean finding a platform with important local commodities like oil and iron ore, or Bursa Malaysia stocks like Maybank.

After reviewing hundreds of day trading brokers we’ve found that few support trading with Malaysia’s ringgit (MYR), so forex traders may instead want brokers with popular regional currencies like Singapore dollars (SGD) or Indonesian rupiah (IDR).

Choose A Broker With Low Fees

Fees can quickly pile up and cut into profits because day trading relies on frequent short-term trades.

The spread – the difference between the bid and ask price – is usually the most important fee to consider when day trading.

The size of spreads is influenced by the volume and volatility of the asset, with Malaysian stocks and currency pairs containing MYR typically exhibiting lower trading volumes and, as a result, wider spreads.

Getting the tightest spreads also often involves paying a commission fee per lot traded, but we have been impressed to find some platforms now offering tight spreads alongside low commissions, and even cash rebates for active traders.

Choose A Broker With An Excellent Charting Platform

You need a fast and reliable charting platform to execute short-term trading strategies.

Classic platforms like MetaTrader 4 and MetaTrader 5 have been used by day traders for decades because of their speed, reliability and automated trading capabilities.

However, I recommend trying out newer solutions like TradingView.

It combines the charting power and indicators found in older platforms with up-to-the-minute news from Malaysia, including price movements of the FTSE Bursa Malaysia KLCI Index and important economic data reports and central bank decisions.

Michael MacKenzie

Author

Malaysians, like traders in most countries, are also increasingly interested in day trading apps, which now offer the features and power to actively trade on the go.

As well as turning to TradingView or another platform to research and execute trades, you can also use Bursa Malaysia’s portal to gather in-depth data on the country’s stocks and other assets, with handy tools including a screener and heatmap.

Choose A Broker With Fast Execution

Day trading relies on fast execution to take advantage of small, short-term price movements.

That’s why we examine each broker’s average execution speed, where possible, to determine those that provide fast execution (ideally 100ms or less).

The fast and high-quality execution available from our highest-rated day trading brokers in Malaysia will help you fulfil orders at your target price and with minimal slippage, leading to more trading opportunities and fewer failed trades.

Choose A Broker With Convenient Account Funding

Find a broker with a deposit requirement that suits your budget and that accepts your favored payment options.

We have reviewed hundreds of day trading platforms and found that the great majority accept traders for an initial deposit of $250 (around MYR 1,090) or lower.

Besides the initial deposit, look for brokers that accept deposits in ringgits or even an MYR account. The latter, in particular, will save you from losing money to currency exchange charges, though in our experience these are rare, with Exness standing out as one excellent option.

Similarly, convenient payment options including popular digital methods like Neteller and Skrill can help you avoid costly conversion fees when you deposit ringgits.

FAQ

Which Is The Best Day Trading Platform That Accepts Traders From Malaysia?

There are a number of excellent day trading platforms that accept traders from Malaysia with differing strengths that will suit specific skill levels, budgets and preferences.

This is reflected in our top picks, which include both advanced ECN brokers like IC Markets.

Who Regulates Day Trading Platforms In Malaysia?

The Malaysian financial regulator in charge of overseeing the retail day trading sector is the Securities Commission.

The SC is a fairly respected regulator, though it does not issue licenses to a large number of online brokers so residents may choose to sign up with a provider that’s regulated overseas.

Recommended Reading