Which broker is better for Malaysia traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Malaysia comparing Admirals and EasyMarkets, the choice often comes down to trading costs and platform flexibility. Admirals, with a 4.1/5 score, is a globally established broker offering raw spreads and advanced MetaTrader tools, popular among active traders in Kuala Lumpur and beyond. EasyMarkets, rated 3.4/5, appeals to those who prefer fixed spreads and a simplified trading experience. Both brokers accept Malaysia residents, support MYR deposits via FPX, Bank Transfer, Skrill, and USDT, and are not directly regulated by the Securities Commission Malaysia (SC) but hold licenses from top-tier authorities. This comparison focuses on key factors for experienced Malaysia traders: trading costs, execution quality, local payment methods, and Islamic account availability.
| Instrument | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | EasyMarkets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | EasyMarkets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | EasyMarkets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | EasyMarkets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $1 | $25 | Admirals |
For Malaysia traders, Admirals offers significantly lower trading costs, especially on high-volume trades. Its Raw Spread account provides spreads from 0.0 pips on major pairs like EUR/USD, with a commission of $3 per lot per side. In contrast, EasyMarkets uses fixed spreads averaging 1.2 pips on EUR/USD with no commission, which becomes more expensive for traders executing multiple lots daily. Over a month of trading 50 lots, Admirals could save a Malaysia trader hundreds of ringgit. Additionally, Admirals has no hidden fees on MYR deposits via FPX, while EasyMarkets charges a small conversion fee on non-MYR deposits.
| Account Type | Admirals | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $1 | $25 |
| Entity / Asset | Admirals | EasyMarkets |
|---|---|---|
| Malaysia (offshore) | Up to 1:500 | Up to 1:2000 |
| Forex major pairs | 1:500 | 1:2000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Admirals |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Admirals |
| Crypto CFDs | 30+ | 20+ | Admirals |
| Stocks / Share CFDs | 1,000+ | ✗ | EasyMarkets |
| ETFs | ✓ | ✗ | Tie |
| Platform | Admirals | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Admirals provides the full MetaTrader suite (MT4, MT5, WebTrader) and its proprietary Admiral Markets App, offering advanced charts, automated trading, and depth-of-market. This suits experienced Malaysia traders who rely on EA and custom indicators. EasyMarkets offers a proprietary web trader with dealCancellation and free guaranteed stop-loss features but lacks MetaTrader. For traders in Malaysia who need flexibility, advanced tools, and algorithmic trading, Admirals is the clear winner. EasyMarkets’ simplicity may benefit those new to trading, but experienced traders will prefer Admirals’ ecosystem.
| Factor | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | Admirals |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
Admirals offers ECN execution with no requotes, suitable for scalping and high-frequency strategies. EasyMarkets uses market execution with fixed spreads and occasional slippage during news events. For Malaysia traders using automated strategies, Admirals provides lower latency and better fills, especially on volatile pairs. EasyMarkets’ execution is reliable for swing traders but less ideal for intraday scalping.
| Safety Factor | Admirals | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither Admirals nor EasyMarkets holds a license from the Securities Commission Malaysia (SC), but both operate under respected international regulators. Admirals is regulated by the FCA (UK) and CySEC (Cyprus), while EasyMarkets is regulated by CySEC and the FSA (St. Vincent). For Malaysia traders, regulation by a top-tier authority like the FCA provides stronger investor protection, including negative balance protection and compensation schemes. Admirals also offers segregated client funds. While both are legal for Malaysia residents, Admirals’ regulatory framework offers more security for experienced traders trading larger volumes.
| Payment Method | Admirals | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | e-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days. | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) |
Malaysia traders can fund both Admirals and EasyMarkets using FPX (instant transfer via Maybank, CIMB, etc.), Bank Transfer (MYR), Skrill, and USDT. With Admirals, FPX deposits are free and processed within minutes, with no fees for withdrawals via Bank Transfer (subject to bank charges). EasyMarkets also supports FPX and Skrill with instant deposits, but withdrawals to MYR accounts may incur a small fee of 1-2% for Bank Transfers. For high-volume traders in Malaysia, Admirals offers more cost-effective and faster withdrawal processing. Both brokers support USDT (Tether) deposits, allowing crypto-funding options. Minimum deposit at Admirals is 100 MYR equivalent, while EasyMarkets requires 250 MYR equivalent.
| Islamic Account Feature | Admirals | EasyMarkets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Yes, both Admirals and EasyMarkets provide swap-free (Islamic) accounts for Malaysia Muslim traders who comply with Sharia law. Admirals offers Islamic accounts upon request for clients from Muslim-majority countries, applicable to all account types. EasyMarkets automatically removes swap fees on all accounts for residents of Malaysia, making it simpler as no separate request is needed. Both accounts have no time restrictions, but Admirals may apply a small administration fee after a holding period. For Malaysia traders seeking a hassle-free Islamic account, EasyMarkets offers a more straightforward setup.
| Support Feature | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Admirals |
Admirals provides 24/5 live chat, email, and phone support in English and Malay, with a dedicated Malaysia team. EasyMarkets offers 24/5 live chat and email, but phone support is limited to business hours. Admirals also has a local office contact in Kuala Lumpur for faster response. For experienced Malaysia traders who may need timely assistance, Admirals’ local support edge is valuable.
| Mobile Feature | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Admirals |
| Google Play rating | 4.3 stars | 4.2 stars | Admirals |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Admirals |
Choose Admirals if you...
Choose EasyMarkets if you...
For experienced Malaysia traders, Admirals is the superior broker due to its lower trading costs, robust MetaTrader platforms, and strong regulatory oversight comparable to SC Malaysia standards. While EasyMarkets offers unique risk management tools, its higher spreads and limited platform choice make it less suitable for active volume traders. Both support local payments like FPX, Bank Transfer, Skrill, and USDT, but Admirals offers better value on MYR transactions. Considering the 4.1 vs 3.4 score, Admirals stands out as the top choice for dedicated traders in Malaysia seeking professional-grade trading conditions.