What leverage means, and where the cap comes from

Leverage lets a position be larger than the money behind it: at 1:30, MYR1,000 of your own holds a MYR30,000 position. It multiplies the result in both directions, and the loss is the half people discover second.

The number a broker advertises belongs to the ENTITY that onboards you, not to the brand. The same name can offer 1:30 through a locally licensed company and 1:500 through an offshore one, and which you get depends on where you live - so the broker pages here name the entity beside the figure.

The ten below publish the highest retail leverage available to residents of Malaysia. A high cap is a fact about the entity, not a recommendation.

Who grants the leverage figure (67 of 83)

5Local entity

34Offshore entity

28Not stated

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 (55 of 83 counts · 75 brokers onboarding Malaysian residents)

55of 83

qualify for this ranking

66% of 83

49of 55

scored on all six axes

89% of 55

69of 83

publish a price

83% of 83

57of 83

publish a leverage figure for this country

69% of 83

Top 3 (of 3 ranked)

1AMarkets4.13highest score of the three · cheapest priced of the three · unregulated locally; offshore only 2FxPro4.07unregulated locally; not found on the sc · withdrawal in 3 h 3BlackBull Markets4.04offshore (seychelles fsa) only; not sc-l · withdrawal in 24 h

What leverage means, and where the cap comes from (55 of 83)

By slice score, formula v1.0. · 55 of 75 brokers in this ranking · all 55

#	Broker	Round turn, USDMY	Min deposit, USDMY	Leverage	Withdrawal, hMY	Score	Execution	Founded	Funding
1	M+ Online (Malacca Securities)	—	0	3MY	48	4.17	—	1963	3 methods · local
2	AMarkets	5	100 group	3000MY	24	4.13	ECN/raw + standard	2007	3 methods
3	FxPro	7	100 group	500MY	3	4.07	ECN/raw + standard	2006	3 methods
4	BlackBull Markets	6	0	500MY	24	4.04	ECN/raw + standard	2014	5 methods
5	OctaFX	9	25 group	1000MY	0.5	4.02	ECN/raw + standard	2011	2 methods · local
6	Land-FX	3.35	10 group	2000MY	1	4	ECN/raw + standard	2013	7 methods
7	FIBO Group	6	50	1000MY	24	3.92	ECN/raw + standard	1998	7 methods
8	HFM	6	0 group	2000MY	24	3.92	ECN/raw + standard	2010	3 methods
9	Traders Trust	6	50 group	3000MY	24	3.89	ECN/raw + standard	2009	4 methods
10	Trade Nation	6	0 group	200MY	24	3.88	Standard	2014	2 methods
11	FP Markets	8	100 group	500MY	72	3.88	ECN/raw + standard	2005	3 methods
12	LiteFinance	5	50 group	1000MY	24	3.88	ECN/raw + standard	2005	3 methods
13	Hantec Markets	3	10 group	500MY	48	3.88	ECN/raw + standard	1990	2 methods
14	Dukascopy	8	100 group	200MY	48	3.87	Standard	2004	3 methods
15	Admirals	3	25 group	500MY	3	3.86	ECN/raw + standard	2001	4 methods
16	ThinkMarkets	7	50	500MY	4	3.85	ECN/raw + standard	2010	4 methods
17	Blueberry Markets	7	100 group	500MY	24	3.84	ECN/raw + standard	2016	5 methods
18	NordFX	7	10 group	1000MY	24	3.84	ECN/raw	2008	3 methods · local
19	FXChoice	7	100 group	200MY	24	3.8	ECN/raw + standard	2010	3 methods
20	ACY Securities	7	50 group	500MY	24	3.8	ECN/raw + standard	2011	5 methods · local
21	FXGT	6	5	5000MY	48	3.79	ECN/raw + standard	2019	4 methods
22	FXOpen	3	1 group	500MY	24	3.79	ECN/raw + standard	2003	6 methods
23	FreshForex	6	10	2000MY	0.17	3.77	ECN/raw + standard	2004	4 methods · local
24	Pepperstone	10	—	200MY	24	3.75	ECN/raw + standard	2010	4 methods · local
25	ActivTrades	4.2	0 group	200MY	24	3.75	ECN/raw + standard	2001	4 methods
26	MultiBank Group	6	50 group	500MY	48	3.74	ECN/raw + standard	2005	5 methods
27	JustMarkets	3	10 group	3000MY	48	3.7	ECN/raw + standard	2012	4 methods · local
28	XM	7	5	1000MY	24	3.67	ECN/raw + standard	2009	4 methods · local
29	FBS	11	5 group	3000MY	24	3.67	Standard	2009	3 methods · local
30	Tickmill	6	100	500MY	24	3.67	ECN/raw + standard	2014	4 methods
31	Skilling	7	100	500MY	24	3.66	ECN/raw + standard	2016	6 methods
32	Eightcap	7	100	500MY	48	3.63	ECN/raw + standard	2009	5 methods
33	Alpari	8	30	3000MY	24	3.62	ECN/raw + standard	1998	5 methods
34	Global Prime	16	0 group	500MY	24	3.62	Standard	2010	6 methods · local
35	InstaForex	2	1 group	1000MY	7	3.62	ECN/raw + standard	2007	3 methods
36	Moneta Markets	7	50	1000MY	24	3.6	ECN/raw + standard	2019	5 methods
37	Fusion Markets	4.5	0	500MY	120	3.58	ECN/raw + standard	2017	7 methods
38	Mitrade	4	20	200MY	24	3.58	Standard	2011	3 methods
39	AvaTrade	9	100 group	400MY	48	3.58	Standard	2006	2 methods · local
40	Axi	7	0 group	500MY	72	3.57	ECN/raw + standard	2007	4 methods
41	XChief	5.5	10 group	1000MY	120	3.55	ECN/raw + standard	2014	7 methods
42	OANDA	6	0	200MY	120	3.54	ECN/raw + standard	1996	2 methods
43	Fullerton Markets	8	—	500MY	72	3.49	ECN/raw + standard	2015	3 methods · local
44	Plus500	6	100 group	300MY	72	3.47	Standard	2008	4 methods
45	TMGM	7	100 group	1000MY	96	3.46	ECN/raw + standard	2013	6 methods
46	BDSwiss	5	10 group	2000MY	24	3.42	ECN/raw + standard	2012	3 methods · local
47	HYCM	16	100 group	500MY	24	3.38	Standard	1977	4 methods
48	IronFX	10	100 group	2000MY	240	3.37	ECN/raw + standard	2010	5 methods
49	Swissquote	16	1000	100MY	72	3.36	ECN/raw + standard	1996	2 methods
50	FXTM	7	10 group	2000MY	24	3.35	ECN/raw + standard	2011	3 methods · local
51	Ultima Markets	5	50 group	2000MY	120	3.2	ECN/raw + standard	2016	5 methods · local
52	XTB	9	0	500MY	72	3.19	ECN/raw + standard	2002	2 methods
53	IG Markets	13.6	0 group	200MY	120	3.07	ECN/raw + standard	1974	3 methods
54	Axiory	8	10 group	400MY	240	2.94	ECN/raw + standard	2011	6 methods
55	IFC Markets	—	1	400MY	120	—	ECN/raw + standard	2006	3 methods

Ten are shown; the button opens the rest.

"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. Highest-leverage brokers 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. AMarkets — highest score of the three · cheapest priced of the three · unregulated locally; offshore only (score 4.13)

Round turn: 5 USD
Withdrawal: Up to 24 hours
MYR account: USD per official; third-party reviews claim MYR deposit options, not verified officially.
Leverage: 3000MY
Accepts residents: through an offshore entity
Onboarding entity: AMarkets Ltd
Founded: 2007
Register: https://amarkets.com · 09.07.2026
Group leverage: uncleargroup
Instruments: 500+ assets: FX, metals, indices, commodities, stocks, ETFs, crypto CFDs.
Platforms: MT5cTraderWebTradingView
Funding: Cards (Visa/Mastercard), Volet (ex-AdvCash), crypto (USDT/USDC/ETH/LTC/BNB); local MYR bank transfer claimed by reviews.
Not served: EU/EEA/EFTA countries, United States

Reviews25%90
Round-turn cost20%100
Safety10
Payouts15%80
Track record10%95
Platforms50

Why it ranks here

Round turn 5 USD against the slice median 7 USD. strongest axis round-turn cost 100 of 100. total score 4.13.

Watch for

Payouts axis 58 of 100; e-wallet times not published.

Full review of AMarkets

2. FxPro — unregulated locally; not found on the sc · withdrawal in 3 h (score 4.07)

Round turn: 7 USD
Withdrawal: within a few hours
MYR account: USD, EUR, GBP base. MYR base-currency account not verified at review.
Leverage: 500MY
Accepts residents: through an offshore entity
Onboarding entity: FxPro Global Markets Limited
Founded: 2006
Register: https://brokerchooser.com/broker-reviews/fxpro-review/fxpro-malaysia · 09.07.2026
Group leverage: local
Instruments: FX, indices, shares, metals, energies, crypto CFDs.
Platforms: MT5MT4Web
Funding: Bank transfers, cards, e-wallets; specific Malaysian local-transfer rails not verified at review.
Not served: United States of America, Iran, North Korea, Syria, Cuba

Why it ranks here

Round turn 7 USD against the slice median 7 USD. strongest axis track record 100 of 100. total score 4.07.

Watch for

Min deposit 200 USD, double the Malaysia median of 50; withdrawal time not published.

Full review of FxPro

3. BlackBull Markets — 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: 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: MT5WebMobile
Funding: Cards, bank wire, Skrill, Neteller and crypto; availability varies and specific Malaysian rails (e.g. local bank/FPX) not verified at review.
Not served: Afghanistan, Algeria, American Samoa, Belarus, British Virgin Islands, Burundi, Cameroon, Canada, Central African Republic (the), Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Eritrea, Gaza Strip, Guam, Guinea Bissau, Haiti, Iran (Islamic Republic of), Iraq, Japan, Kenya, Kosovo, Lao, People’s Democratic Republic (the) (Laos), Lebanon, Libya, Myanmar (Burma), North Mariana Islands, Puerto Rico, Russian Federation (the), Somalia, South Sudan, Sudan (the), Syrian Arab Republic (the) (Syria), Ukraine, United States of America (the), United States Virgin Islands, Venezuela (Bolivarian Republic of), Viet Nam, West Bank (Palestinian Territory, Occupied), Yemen

Why it ranks here

Round turn 6 USD against the slice median 7 USD. strongest axis round-turn cost 95 of 100. total score 4.04.

Watch for

Onboards Malaysian residents through an offshore entity: no SC Malaysia licence, no SC Malaysia complaints route, no MYR account.

Full review of BlackBull Markets

What the data shows(55 of 83 distributions · 75 brokers)

Swap-free availability (55 of 83 brokers)

Offered30Not offered14

Admin fee after the free period (55 of 83 swap-free)

Never16After 3–30 days9not published5

Who onboards Malaysian residents (55 of 83 brokers)

Local SC Malaysia entity20Offshore entity24

MYR account (55 of 83 brokers)

Yes16No23not published5

Retail leverage in Malaysia (67 of 83 · median 1:500)

38<1000

131000-2000

102000-3000

53000-4000

14000+

Full list(55 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
2AMarkets4.13
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
100 group
Leverage
3000MY
MYR
Yes
3FxPro4.07
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
500MY
MYR
Yes
4BlackBull Markets4.04
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0
Leverage
500MY
MYR
Yes
5OctaFX4.02
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
25 group
Leverage
1000MY
MYR
Yes
6Land-FX4
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
3.35
Min deposit, USD
10 group
Leverage
2000MY
MYR
Yes
7FIBO Group3.92
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50
Leverage
1000MY
MYR
Yes
8HFM3.92
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0 group
Leverage
2000MY
MYR
Yes
9Traders Trust3.89
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50 group
Leverage
3000MY
MYR
Yes
10Trade Nation3.88
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0 group
Leverage
200MY
MYR
Yes
11FP Markets3.88
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
100 group
Leverage
500MY
MYR
Yes
12LiteFinance3.88
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
50 group
Leverage
1000MY
MYR
Yes
13Hantec Markets3.88
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
3
Min deposit, USD
10 group
Leverage
500MY
MYR
Yes
14Dukascopy3.87
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
100 group
Leverage
200MY
MYR
Yes
15Admirals3.86
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
3
Min deposit, USD
25 group
Leverage
500MY
MYR
Yes
16ThinkMarkets3.85
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
50
Leverage
500MY
MYR
Yes
17Blueberry Markets3.84
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
500MY
MYR
Yes
18NordFX3.84
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
10 group
Leverage
1000MY
MYR
Yes
19FXChoice3.8
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
200MY
MYR
Yes
20ACY Securities3.8
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
50 group
Leverage
500MY
MYR
Yes
21FXGT3.79
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
5
Leverage
5000MY
MYR
Yes
22FXOpen3.79
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
3
Min deposit, USD
1 group
Leverage
500MY
MYR
Yes
23FreshForex3.77
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
10
Leverage
2000MY
MYR
Yes
24Pepperstone3.75
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
10
Leverage
200MY
MYR
Yes
25ActivTrades3.75
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
4.2
Min deposit, USD
0 group
Leverage
200MY
MYR
Yes
26MultiBank Group3.74
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50 group
Leverage
500MY
MYR
Yes
27JustMarkets3.7
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
3
Min deposit, USD
10 group
Leverage
3000MY
MYR
Yes
28XM3.67
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
5
Leverage
1000MY
MYR
Yes
29FBS3.67
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
11
Min deposit, USD
5 group
Leverage
3000MY
MYR
Yes
30Tickmill3.67
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
100
Leverage
500MY
MYR
Yes
31Skilling3.66
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100
Leverage
500MY
MYR
Yes
32Eightcap3.63
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100
Leverage
500MY
MYR
Yes
33Alpari3.62
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
30
Leverage
3000MY
MYR
Yes
34Global Prime3.62
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
16
Min deposit, USD
0 group
Leverage
500MY
MYR
Yes
35InstaForex3.62
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
2
Min deposit, USD
1 group
Leverage
1000MY
MYR
Yes
36Moneta Markets3.6
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
50
Leverage
1000MY
MYR
Yes
37Fusion Markets3.58
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
4.5
Min deposit, USD
0
Leverage
500MY
MYR
Yes
38Mitrade3.58
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
4
Min deposit, USD
20
Leverage
200MY
MYR
Yes
39AvaTrade3.58
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
100 group
Leverage
400MY
MYR
Yes
40Axi3.57
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
0 group
Leverage
500MY
MYR
Yes
41XChief3.55
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
5.5
Min deposit, USD
10 group
Leverage
1000MY
MYR
Yes
42OANDA3.54
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0
Leverage
200MY
MYR
Yes
43Fullerton Markets3.49
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
8
Leverage
500MY
MYR
Yes
44Plus5003.47
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
100 group
Leverage
300MY
MYR
Yes
45TMGM3.46
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
1000MY
MYR
Yes
46BDSwiss3.42
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
10 group
Leverage
2000MY
MYR
Yes
47HYCM3.38
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
16
Min deposit, USD
100 group
Leverage
500MY
MYR
Yes
48IronFX3.37
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
10
Min deposit, USD
100 group
Leverage
2000MY
MYR
Yes
49Swissquote3.36
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
16
Min deposit, USD
1000
Leverage
100MY
MYR
Yes
50FXTM3.35
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
10 group
Leverage
2000MY
MYR
Yes
51Ultima Markets3.2
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
50 group
Leverage
2000MY
MYR
Yes
52XTB3.19
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
0
Leverage
500MY
MYR
Yes
53IG Markets3.07
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
13.6
Min deposit, USD
0 group
Leverage
200MY
MYR
Yes
54Axiory2.94
Onboards
Local · SC Malaysia
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
10 group
Leverage
400MY
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)

Same country

Explained

FAQ

How many brokers qualify for this ranking in Malaysia?: 55 of 83 brokers measured for this country qualify.
Which broker leads it, and on what basis?: AMarkets leads it with a score of 4.13. 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 55 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(55 of 83 broker records)

Verified01.10.2026

data re-captured 28.09.2026

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.