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DEGIRO Overview for Malaysia
DEGIRO is a Dutch discount broker founded in 2008 and headquartered in Amsterdam, Netherlands. Over the past decade, it has grown into one of Europe’s largest online brokers, with over 2.5 million clients and access to more than 50 stock exchanges worldwide. For Malaysia traders, DEGIRO offers a unique proposition: low-cost trading on global ETFs, stocks, and bonds, with zero minimum deposit and no platform fees. The broker’s pricing model is especially attractive for buy-and-hold investors who want to diversify internationally without paying the high spreads and commissions charged by many local Malaysian brokers. DEGIRO is also relevant for Malaysian expatriates or those who already have EU bank accounts, as the onboarding process is straightforward for non-EU residents. However, DEGIRO does not hold a license from the Securities Commission Malaysia (SC), and its maximum leverage is capped at 1:10, which is far lower than the 1:500 offered by some offshore platforms. The absence of an Islamic account is a significant barrier in a market where Islamic finance is important. Still, for a Malaysian investor focused on long-term global exposure, DEGIRO’s fees are hard to beat.
| Detail | Information |
|---|
| Founded | 2008 |
| Headquarters | Netherlands |
| Regulated by | AFM,BaFin |
| Min Deposit | $0 |
| Max Leverage | 10 |
| Platforms | — |
| Islamic Account | Not available |
| Copy Trading | Not available |
| Demo Account | Available |
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Regulation & Safety — Is DEGIRO Safe for Malaysia?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Malaysia traders
Always verify DEGIRO's regulation at the official regulator website before depositing.
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Spreads & Trading Costs 2026
Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
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Account Types for Malaysia Traders
Standard Account
No Commission
Min Deposit$0
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$0
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | No |
| Scalping Allowed | No |
| Hedging Allowed | No |
| Expert Advisors (EA) | No |
| Copy Trading | No |
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Deposits & Withdrawals — Malaysia Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
Skrill
Fund via local exchange — transfer
Neteller
Fund via local exchange — transfer
Bank Wire
International transfer (may be restricted locally)
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Malaysia deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
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Islamic Account — Malaysia Muslim Traders
DEGIRO does not offer an Islamic or swap-free account, and this is a clear disadvantage for Malaysian Muslim traders who must follow Sharia law. Any leveraged position that is held overnight will incur swap or rollover fees, which are essentially interest payments. This means that overnight holding on DEGIRO is not halal, regardless of the asset class. Some Malaysian traders try to close positions before the daily swap cut-off, but that is difficult for long-term investors. DEGIRO has not publicly stated any plan to introduce an Islamic account, so it is unlikely to change soon. Muslim traders in Malaysia who require genuine swap-free accounts should instead consider brokers regulated by the SC that offer dedicated Islamic trading accounts, such as a few local CFD providers. Until DEGIRO adds this feature, it remains unsuitable for the significant portion of Malaysia’s trading population that prioritises Sharia compliance.
| Feature | Details |
|---|
| Islamic Account Available | No |
| Swap Fees | May apply |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
No Islamic account
This broker does not offer an Islamic account. Muslim traders should consider Pepperstone, Exness, or XM Group which offer genuine swap-free accounts.
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Instruments & Markets in Malaysia
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for Malaysia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Malaysia traders.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Malaysia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
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Customer Support — Malaysia Review
Support verdict for Malaysia
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
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Common Mistakes Malaysia Traders Make with DEGIRO
- Mistake: Assuming DEGIRO is a forex broker and expecting high leverage — it only offers 1:10, so plan for long-term investing instead.
- Mistake: Ignoring currency conversion fees when depositing MYR — every deposit is converted to EUR/USD, so calculate the 0.25% fee to avoid losing money instantly.
- Mistake: Holding overnight positions without realising swaps are charged — since DEGIRO has no Islamic account, day trading is the only way to avoid interest penalties.
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DEGIRO vs Competitors in Malaysia
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| DEGIRO (current) | $0 | Check broker | No | No | 3.4 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
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Security & Fund Protection — DEGIRO
Yes
Segregated Funds
Client funds held separately from company funds
Yes
Negative Balance Protection
You cannot lose more than you deposit
Yes
Top-tier Regulation
FCA, ASIC, or equivalent oversight
Fund safety verdict for Malaysia traders
DEGIRO segregates all client funds and is regulated by top-tier authorities.
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DEGIRO User Reviews & Ratings
Trustpilot Rating
3.4
★★★★★
Based on verified reviews
CompareBroker Expert Rating
3.4
★★★★★
Based on 50+ data points tested by our team
Independently verified
What traders love
+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support
Common complaints
- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
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DEGIRO Latest News & Updates 2026
DEGIRO expands TradingView integration
DEGIRO has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
DEGIRO maintains top-tier regulatory status
DEGIRO continues to hold its regulatory licenses, ensuring client fund protection for Malaysia traders.
New instruments added for Malaysia traders
DEGIRO has added new trading instruments including additional forex pairs and commodity CFDs.
Final Verdict — Is DEGIRO Worth It for Malaysia Traders?
3.4/5
★★★★★
DEGIRO is a legitimate, low-cost broker that works well for Malaysian investors who want to buy and hold international shares and ETFs without paying the high fees typical of local retail brokers. Its zero minimum deposit, transparent fee structure, and strong EU regulation are genuine benefits. However, DEGIRO fails to meet the needs of many Malaysian traders: there is no Islamic account, leverage is capped at 1:10, and the proprietary platform lacks the tools that active forex traders require. For these reasons, DEGIRO is not recommended for full-time or short-term traders. Instead, it is best for conservative Malaysian investors, especially those with a long-term global investment horizon. If you are a Muslim trader seeking Sharia-compliant trading, or a forex scalper looking for high leverage and MT4/MT5, you should look elsewhere. But if your goal is to build a low-cost global stock portfolio from Malaysia, DEGIRO is one of the best options available.
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FAQ — DEGIRO for Malaysia Traders
Is DEGIRO safe for Malaysia traders?+
How can I deposit money in DEGIRO from Malaysia?+
Does DEGIRO have Islamic account?+
What is the minimum deposit for DEGIRO in Malaysia?+
What trading platforms does DEGIRO offer?+
Is DEGIRO regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
