Open FxPro's siteWhat a minimum deposit really tells you
The minimum deposit is the smallest amount an account can be opened with. It is the cheapest fact to publish and the easiest to misread: a MYR10 minimum says what the door costs, not what trading there costs.
Read it beside two other figures - the round-turn cost and the withdrawal time. A low minimum with a wide spread takes the difference back on every trade, and a low minimum you cannot withdraw from quickly is not a cheap account.
The ten below publish the lowest minimum deposit for residents of Malaysia. Where a broker states no minimum at all, that is recorded as zero, which is a figure, not a blank.
Minimum deposit, USD (65 of 83 · median 10 USD)
Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.
Key facts (21 of 83 counts · 75 brokers onboarding Malaysian residents)
Top 3 (of 3 ranked)
What a minimum deposit really tells you (21 of 83)
| # | Broker | Round turn, USDMY | Min deposit, USDMY | Leverage | Withdrawal, hMY | Score | Execution | Founded | Funding |
|---|---|---|---|---|---|---|---|---|---|
| 1 | — | 0 | 3MY | 48 | 4.17 | — | 1963 | 3 methods · local | |
| 2 | 6 | 0 | 500MY | 24 | 4.04 | ECN/raw + standard | 2014 | 5 methods | |
| 3 | 6 | 50 | 1000MY | 24 | 3.92 | ECN/raw + standard | 1998 | 7 methods | |
| 4 | 7 | 50 | 500MY | 4 | 3.85 | ECN/raw + standard | 2010 | 4 methods | |
| 5 | 6 | 5 | 5000MY | 48 | 3.79 | ECN/raw + standard | 2019 | 4 methods | |
| 6 | 5 | 0 | —stated, not verified | 48 | 3.79 | ECN/raw + standard | 1978 | 1 methods | |
| 7 | 6 | 10 | 2000MY | 0.17 | 3.77 | ECN/raw + standard | 2004 | 4 methods · local | |
| 8 | — | 0 | —stated, not verified | 48 | 3.71 | — | 1990 | 3 methods · local | |
| 9 | 5 | 0 | 500 groupMY | 48 | 3.68 | ECN/raw + standard | 1989 | 2 methods · local | |
| 10 | 7 | 5 | 1000MY | 24 | 3.67 | ECN/raw + standard | 2009 | 4 methods · local | |
| 11 | 6 | 100 | 500MY | 24 | 3.67 | ECN/raw + standard | 2014 | 4 methods | |
| 12 | 7 | 100 | 500MY | 24 | 3.66 | ECN/raw + standard | 2016 | 6 methods | |
| 13 | 7 | 100 | 500MY | 48 | 3.63 | ECN/raw + standard | 2009 | 5 methods | |
| 14 | 8 | 30 | 3000MY | 24 | 3.62 | ECN/raw + standard | 1998 | 5 methods | |
| 15 | 7 | 50 | 1000MY | 24 | 3.6 | ECN/raw + standard | 2019 | 5 methods | |
| 16 | 4.5 | 0 | 500MY | 120 | 3.58 | ECN/raw + standard | 2017 | 7 methods | |
| 17 | 4 | 20 | 200MY | 24 | 3.58 | Standard | 2011 | 3 methods | |
| 18 | 6 | 0 | 200MY | 120 | 3.54 | ECN/raw + standard | 1996 | 2 methods | |
| 19 | 16 | 1000 | 100MY | 72 | 3.36 | ECN/raw + standard | 1996 | 2 methods | |
| 20 | 9 | 0 | 500MY | 72 | 3.19 | ECN/raw + standard | 2002 | 2 methods | |
| 21 | — | 1 | 400MY | 120 | — | ECN/raw + standard | 2006 | 3 methods |
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
— the broker does not publish this figure; it is not read as a zero and it is not scored.
BlackBull Markets publishes a retail leverage of 1:500 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.
The ten above illustrate the term. Brokers with the lowest minimum deposit in Malaysia lists every broker that qualifies, with the figure each one publishes.
Identical for every row, so it is stated once: Who onboards Local · SC Malaysia · Swap-free fee none, no limit · MYR account Yes.
1. BlackBull Markets — highest score of the three · offshore (seychelles fsa) only; not sc-l · withdrawal in 24 h (score 4.04)
- Round turn
- 6 USD
- Withdrawal
- 24 hours
- MYR account
- Accounts in USD/EUR/GBP/JPY/AUD/NZD/SGD/CAD/ZAR; no MYR base account, so deposits convert.
- Leverage
- 500MY
- Licence
- SC Malaysia SD045
- Accepts residents
- through an offshore entity
- Onboarding entity
- BBG Limited
- Founded
- 2014
- Register
- https://blackbull.com/en/support/restricted-countries · 09.07.2026
- Group leverage
- offshoregroup
- Instruments
- 72 forex pairs and 26,000+ tradeable symbols: share CFDs, indices, commodities and crypto CFDs.
- Platforms
- Funding
- Not served
- Reviews25%90
- Round-turn cost20%95
- Safety0
- Payouts15%80
- Track record10%60
- Platforms85
Round turn 6 USD against the slice median 7 USD. strongest axis round-turn cost 95 of 100. total score 4.04.
Watch forPayouts axis 58 of 100; e-wallet times not published.
2. ThinkMarkets — offshore (seychelles fsa); no sc malaysi · withdrawal in 4 h (score 3.85)
- Round turn
- 7 USD
- Withdrawal
- 4
- MYR account
- USD, EUR, GBP, AUD, CHF; no MYR base account, so ringgit deposits incur conversion.
- Leverage
- 500MY
- Licence
- SC Malaysia SD060
- Accepts residents
- through an offshore entity
- Onboarding entity
- TF Global Markets Int Ltd
- Founded
- 2010
- Register
- https://support.thinkmarkets.com · 09.07.2026
- Group leverage
- unclear
- Instruments
- 40+ forex pairs, 17 index CFDs, metals/energies, 1,500+ share CFDs, 20+ crypto CFDs.
- Platforms
- Funding
- Not served
Round turn 7 USD against the slice median 7 USD. strongest axis payouts 97 of 100. total score 3.85.
Watch forMin deposit 200 USD, double the Malaysia median of 50; withdrawal time not published.
3. FXGT — offshore (seychelles fsa); the securitie (score 3.79)
- Round turn
- 6 USD
- Withdrawal
- 1-2 business days
- MYR account
- USD, EUR and JPY; no MYR account, so MYR funding is converted.
- Leverage
- 5000MY
- Licence
- SD019
- Accepts residents
- through an offshore entity
- Onboarding entity
- GT Global Ltd
- Founded
- 2019
- Register
- https://fxgt.com · 09.07.2026
- Group leverage
- uncleargroup
- Instruments
- 50+ FX pairs, 30+ crypto CFDs, synthetic crypto pairs, 50+ US share CFDs, 10+ indices, metals and energy CFDs.
- Platforms
- Funding
- Not served
Round turn 6 USD against the slice median 7 USD. strongest axis round-turn cost 95 of 100. total score 3.79.
Watch forOnboards Malaysian residents through an offshore entity: no SC Malaysia licence, no SC Malaysia complaints route, no MYR account.
What the data shows(21 of 83 distributions · 75 brokers)
Swap-free availability (21 of 83 brokers)
Admin fee after the free period (21 of 83 swap-free)
Who onboards Malaysian residents (21 of 83 brokers)
MYR account (21 of 83 brokers)
Round turn, one lot, USD (69 of 83 · median 7 USD)
Full list(21 of 83)
- 1M+ Online (Malacca Securities)4.17
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Min deposit, USD
- 0
- Leverage
- 3MY
- MYR
- Yes
- 2BlackBull Markets4.04
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 0
- Leverage
- 500MY
- MYR
- Yes
- 3FIBO Group3.92
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 50
- Leverage
- 1000MY
- MYR
- Yes
- 4ThinkMarkets3.85
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 50
- Leverage
- 500MY
- MYR
- Yes
- 5FXGT3.79
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 5
- Leverage
- 5000MY
- MYR
- Yes
- 6Interactive Brokers3.79
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 5
- Min deposit, USD
- 0
- MYR
- Yes
- 7FreshForex3.77
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 10
- Leverage
- 2000MY
- MYR
- Yes
- 8UOB Kay Hian Malaysia3.71
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Min deposit, USD
- 0
- MYR
- Yes
- 9CMC Markets3.68
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 5
- Min deposit, USD
- 0
- Leverage
- 500 groupMY
- MYR
- Yes
- 10XM3.67
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 5
- Leverage
- 1000MY
- MYR
- Yes
- 11Tickmill3.67
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 100
- Leverage
- 500MY
- MYR
- Yes
- 12Skilling3.66
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 100
- Leverage
- 500MY
- MYR
- Yes
- 13Eightcap3.63
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 100
- Leverage
- 500MY
- MYR
- Yes
- 14Alpari3.62
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 8
- Min deposit, USD
- 30
- Leverage
- 3000MY
- MYR
- Yes
- 15Moneta Markets3.6
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 50
- Leverage
- 1000MY
- MYR
- Yes
- 16Fusion Markets3.58
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 4.5
- Min deposit, USD
- 0
- Leverage
- 500MY
- MYR
- Yes
- 17Mitrade3.58
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 4
- Min deposit, USD
- 20
- Leverage
- 200MY
- MYR
- Yes
- 18OANDA3.54
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 0
- Leverage
- 200MY
- MYR
- Yes
- 19Swissquote3.36
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 16
- Min deposit, USD
- 1000
- Leverage
- 100MY
- MYR
- Yes
- 20XTB3.19
- Onboards
- Local · SC Malaysia
- Swap-free
- none, no limit
- Round turn, USD
- 9
- Min deposit, USD
- 0
- Leverage
- 500MY
- MYR
- Yes
How to read the ten below
- Start with the figure this page ranks on.
Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.
- Check which company would onboard you.
The same brand can take a resident of Malaysia through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.
- Read the cost beside the deposit.
The median round turn across this country is 7.0 USD and the median minimum deposit 5.0 USD; a low deposit beside a wide spread takes the difference back on every trade.
Neighbouring slices(6 rankings · 5 explainers)
FAQ
- How many brokers qualify for this ranking in Malaysia?
- 21 of 83 brokers measured for this country qualify.
- Which broker leads it, and on what basis?
- BlackBull Markets leads it with a score of 4.04. The order is computed score, highest first; unscored brokers follow.
- What does a trade typically cost here?
- The median round turn - spread plus commission for one standard lot, in and out - is 7.0 USD across the brokers that publish both parts.
- Why do some rows show a dash instead of a figure?
- Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.
- Why are only ten brokers shown here?
- This page explains the term; the ten illustrate it. The full ranking lists 21 of 83 and is one click away.
How this slice is scored
Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology
Verified · What changed · Sources(21 of 83 broker records)
Risk warning and affiliate disclosure
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.