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
IndicatorValue
GDP$354.35 billion
Inflation rate1.10%
External Debt$220.1 billion
Interest Rate3%
Deposit Interest Rate3.10%
Corporate Tax Rate24%
Population31.95 million
Per capita incomeas of 2018 - 11079
Unemployment Rate3.30%
Corruption Rank61%

RSS Latest economy information

  • Malaysia Food Inflation October 29, 2020
    Cost of food in Malaysia increased 0.70 percent in July of 2018 over the same month in the previous year. Food Inflation in Malaysia averaged 3.62 percent from 2011 until 2018, reaching an all time high of 5.67 percent in October of 2011 and a record low of 0.70 percent in July of 2018. This […]
  • Malaysia Export Prices October 29, 2020
    Export Prices in Malaysia decreased to 109.70 points in August from 109.80 points in July of 2020. Export Prices in Malaysia averaged 108.18 points from 2008 until 2020, reaching an all time high of 117.10 points in January of 2020 and a record low of 92.50 points in February of 2008. This page provides - […]
  • Malaysia Sales and Services Tax - SST October 29, 2020
    The Sales Tax Rate in Malaysia stands at 10 percent. Sales Tax Rate in Malaysia averaged 9.20 percent from 2006 until 2020, reaching an all time high of 10 percent in 2007 and a record low of 6 percent in 2015. On September 1st 2018, the Sales and Services Tax (SST) was reintroduced to replace […]
  • Malaysia GDP October 29, 2020
    The Gross Domestic Product (GDP) in Malaysia was worth 364.70 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Malaysia represents 0.30 percent of the world economy. GDP in Malaysia averaged 96.63 USD Billion from 1960 until 2019, reaching an all time […]
Malaysia Forex License
Case in point
Average Cost for license
Over €20,000
Office requirements
Yes

Employees required

Yes

Capital Requirements
$125,000
Regular reporting
Yes

Publicly Recorded Info
No
List of brokers
currently regulated in Malaysia
#Company Legal NameWebsite LinkFoundedBroker TypeOther*Other Licenses
1AFS Global Limitedhttps://www.amanacapital.com/2010MM-FCA, DFSA, CySEC, CMA, MFSC
2Albus Capital Inc.http://albus-capital.com/2013MM--
3Alfa Assets Group Limitedhttps://www.alfa-assets.com/EN/2017MM--
4Alpha Data Ltd.--MM--
5Auric International Markets Limitedhttps://www.aimsfx.com/2014MMSTP/ECNASIC
6Belfrics International Limited (formerly known as Po Tai Global Development Limited)https://malaysia.belfrics.com/2014MM--
7Binary (FX) Ltd. (also approved to conduct innovative financial services related business)https://www.binary.com/1999MM-BVI, VFSC, FSA(SVG),
IOM, MGA, MFSA
8BX Financial Group Limitedhttp://www.bx-fg.com/SuspendedMM--
9CFX Prime Clearing Corporation
(also approved to conduct innovative
financial services related business)
--MM--
10City Credit Capital (Labuan) LTDhttps://www.citycreditinvestmentbank.com/2002MM--
11Fusang Exchange Ltdhttps://www.fusang.co/2015MM--
12FXgate Ltd.https://www.fxgate.com/2019MM--
13FXRiver Ltdhttps://fxriver.com/2019MM--
14Golden Brokers Limitedhttps://goldenbrokers.my/2019MM--
15Hirose Financial MY Limited (also approved to conduct innovative financial services related business)www.hiroseuk.com2004MM-FCA
16HWGG Capital P.L.C. (also approved to conduct innovative financial services related business)https://www.hwggcapital.com/2017MM--
17Hyper Global Trade Pte. Ltdhttps://www.hyperforex.com/2019MM-FSA(SVG)
18ICE-FX Markets Limitedhttps://ice-fx.com/en2015MMSTP/ECN, STP-
19ICM Trader LtdMM--
20IRC Ltd.http://www.irc-pro.com/en2017MMSTP-
21Makasky Limitedhttps://makaskyltd.com/2017MM--
22Market Alliance Limitedhttps://www.mktally.com/2010MM--
23MGK Global Limitedhttps://mgk-global.com/en/2012MMSTP/ECN, STP-
24MX Capital Financial Limitedhttps://mxcforex.com/2015MM--
25Neurogine Capital (L) (also approved to conduct innovative financial services related business)https://www.neurogine.com/2014MM--
26Ortega Capital Limitedhttps://www.ortegacapital.com/en2017MMSTPFSA(SVG)
27Revollet International Limitedhttps://www.rev-group.com/2015MM--
28RoboMarkets Asia Ltdhttps://www.robomarkets.asia/2009MMSTP/ECN, STPCySEC, IFSC
29Saba Capital Inc.http://sabacapitals.com/2012MM--
30SDD Capital Markets Limited (formerly known as D2M LTD.)https://www.sdd-capitalmarkets.co.uk/2018MM--
31SG Advisory Limited--MM--
32Strategy Station Ltd.https://strategy-station.biz/2018MM--
33Suite Dynamics Financial Ltd.--MM--
34Tickmill Asia Ltdhttps://www.tickmill.com2014MM-FSA(SC), FCA, CySEC
35Topworth Investments Ltd.http://www.topworth.com.my/-MM--
36Tradewinds Futures Limited--MM--
37TVM Global Limited-MM--
38UW Global Inc.http://uw-global.com/2019MM--
39VENN 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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