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 Coronavirus COVID-19 Vaccination Total June 17, 2021
    The number of COVID-19 vaccination doses administered in Malaysia rose to 4904109 as of Jun 17 2021. The total number of vaccination doses administered. This is counted as a single dose, and may not equal the total number of people vaccinated, depending on the specific dose regime (e.g. people receive multiple doses). If a person […]
  • Malaysia Coronavirus COVID-19 Vaccination Rate June 17, 2021
    The number of COVID-19 vaccination doses administered per 100 people in Malaysia rose to 15 as of Jun 17 2021. Total number of vaccination doses administered per 100 people in the total population. This is counted as a single dose, and may not equal the total number of people vaccinated, depending on the specific dose […]
  • Malaysia Coronavirus COVID-19 Deaths June 17, 2021
    Malaysia recorded 4069 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Malaysia reported 667876 Coronavirus Cases. This page includes a chart with historical data for Malaysia Coronavirus Deaths.
  • Malaysia Coronavirus COVID-19 Cases June 17, 2021
    Malaysia recorded 667876 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Malaysia reported 4069 Coronavirus Deaths. This page includes a chart with historical data for Malaysia Coronavirus Cases.
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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