Introduction to this section
Through its service over the years, allFX-Consult saw a need for a more educated industry, relative to the solutions/options an investor has when deciding on how to move forward.
The aim of this section is to provide information to investors looking into EU/Offshore options to Start a Forex Brokerage or expand their current operations. Although in some regions we include broker information (trading conditions, leverage), it is not intended to be used by a forex trader as an investment advice or to compare and evidently open an account with one of our listed brokers.
Last update: December 2019
Malaysia Forex License
Economy of Malaysia
Main indicators
| Indicator | Value |
|---|---|
| GDP | $354.35 billion |
| Inflation rate | 1.10% |
| External Debt | $220.1 billion |
| Interest Rate | 3% |
| Deposit Interest Rate | 3.10% |
| Corporate Tax Rate | 24% |
| Population | 31.95 million |
| Per capita income | as of 2018 - 11079 |
| Unemployment Rate | 3.30% |
| Corruption Rank | 61% |
Latest economy information
- Malaysia - Credit Rating January 17, 2021Standard & Poor's credit rating for Malaysia stands at A- with negative outlook. Moody's credit rating for Malaysia was last set at A3 with stable outlook. Fitch's credit rating for Malaysia was last reported at BBB+ with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors […]
- Malaysia Coronavirus Cases January 16, 2021Malaysia recorded 151066 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Malaysia reported 586 Coronavirus Deaths. This page includes a chart with historical data for Malaysia Coronavirus Cases.
- Malaysia Coronavirus Deaths January 16, 2021Malaysia recorded 586 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Malaysia reported 151066 Coronavirus Cases. This page includes a chart with historical data for Malaysia Coronavirus Deaths.
- Malaysia Cement Production January 16, 2021Cement Production in Malaysia increased to 2155 Thousands of Tonnes in November from 2024 Thousands of Tonnes in October of 2020. Cement Production in Malaysia averaged 1169.23 Thousands of Tonnes from 1985 until 2020, reaching an all time high of 2442 Thousands of Tonnes in January of 2017 and a record low of 147 Thousands […]
Malaysia Forex License
Case in point
Average Cost for license
Over €20,000Office requirements
YesEmployees required
Yes
Capital Requirements
$125,000Regular reporting
YesPublicly Recorded Info
NoList of brokers
currently regulated in Malaysia
| # | Company Legal Name | Website Link | Founded | Broker Type | Other | *Other Licenses |
|---|---|---|---|---|---|---|
| 1 | AFS Global Limited | https://www.amanacapital.com/ | 2010 | MM | - | FCA, DFSA, CySEC, CMA, MFSC |
| 2 | Albus Capital Inc. | http://albus-capital.com/ | 2013 | MM | - | - |
| 3 | Alfa Assets Group Limited | https://www.alfa-assets.com/EN/ | 2017 | MM | - | - |
| 4 | Alpha Data Ltd. | - | - | MM | - | - |
| 5 | Auric International Markets Limited | https://www.aimsfx.com/ | 2014 | MM | STP/ECN | ASIC |
| 6 | Belfrics International Limited (formerly known as Po Tai Global Development Limited) | https://malaysia.belfrics.com/ | 2014 | MM | - | - |
| 7 | Binary (FX) Ltd. (also approved to conduct innovative financial services related business) | https://www.binary.com/ | 1999 | MM | - | BVI, VFSC, FSA(SVG), IOM, MGA, MFSA |
| 8 | BX Financial Group Limited | http://www.bx-fg.com/ | Suspended | MM | - | - |
| 9 | CFX Prime Clearing Corporation (also approved to conduct innovative financial services related business) | - | - | MM | - | - |
| 10 | City Credit Capital (Labuan) LTD | https://www.citycreditinvestmentbank.com/ | 2002 | MM | - | - |
| 11 | Fusang Exchange Ltd | https://www.fusang.co/ | 2015 | MM | - | - |
| 12 | FXgate Ltd. | https://www.fxgate.com/ | 2019 | MM | - | - |
| 13 | FXRiver Ltd | https://fxriver.com/ | 2019 | MM | - | - |
| 14 | Golden Brokers Limited | https://goldenbrokers.my/ | 2019 | MM | - | - |
| 15 | Hirose Financial MY Limited (also approved to conduct innovative financial services related business) | www.hiroseuk.com | 2004 | MM | - | FCA |
| 16 | HWGG Capital P.L.C. (also approved to conduct innovative financial services related business) | https://www.hwggcapital.com/ | 2017 | MM | - | - |
| 17 | Hyper Global Trade Pte. Ltd | https://www.hyperforex.com/ | 2019 | MM | - | FSA(SVG) |
| 18 | ICE-FX Markets Limited | https://ice-fx.com/en | 2015 | MM | STP/ECN, STP | - |
| 19 | ICM Trader Ltd | MM | - | - | ||
| 20 | IRC Ltd. | http://www.irc-pro.com/en | 2017 | MM | STP | - |
| 21 | Makasky Limited | https://makaskyltd.com/ | 2017 | MM | - | - |
| 22 | Market Alliance Limited | https://www.mktally.com/ | 2010 | MM | - | - |
| 23 | MGK Global Limited | https://mgk-global.com/en/ | 2012 | MM | STP/ECN, STP | - |
| 24 | MX Capital Financial Limited | https://mxcforex.com/ | 2015 | MM | - | - |
| 25 | Neurogine Capital (L) (also approved to conduct innovative financial services related business) | https://www.neurogine.com/ | 2014 | MM | - | - |
| 26 | Ortega Capital Limited | https://www.ortegacapital.com/en | 2017 | MM | STP | FSA(SVG) |
| 27 | Revollet International Limited | https://www.rev-group.com/ | 2015 | MM | - | - |
| 28 | RoboMarkets Asia Ltd | https://www.robomarkets.asia/ | 2009 | MM | STP/ECN, STP | CySEC, IFSC |
| 29 | Saba Capital Inc. | http://sabacapitals.com/ | 2012 | MM | - | - |
| 30 | SDD Capital Markets Limited (formerly known as D2M LTD.) | https://www.sdd-capitalmarkets.co.uk/ | 2018 | MM | - | - |
| 31 | SG Advisory Limited | - | - | MM | - | - |
| 32 | Strategy Station Ltd. | https://strategy-station.biz/ | 2018 | MM | - | - |
| 33 | Suite Dynamics Financial Ltd. | - | - | MM | - | - |
| 34 | Tickmill Asia Ltd | https://www.tickmill.com | 2014 | MM | - | FSA(SC), FCA, CySEC |
| 35 | Topworth Investments Ltd. | http://www.topworth.com.my/ | - | MM | - | - |
| 36 | Tradewinds Futures Limited | - | - | MM | - | - |
| 37 | TVM Global Limited | - | MM | - | - | |
| 38 | UW Global Inc. | http://uw-global.com/ | 2019 | MM | - | - |
| 39 | VENN PRIME SECURITIES LIMITED | - | - | MM | - | - |
*Regulators
DFSA: Dubai Financial Services Authority / CMA: Lebanon Capital Markets Authority / MFSC : Mauritius Financial Services Commission / VFSC: Vanuatu Financial Services Commission / IOM: UK Gambling Commission (Isle of Man) / MGA: Malta Gaming Authority / MFSA: Malta Financial Services Authority / IFSC: Belize International Financial Services Commission / FSA(SC): Seychelles Financial Services Authority / FSA(SVG): FSA of St Vincent and the Grenadines.
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