Quick Verdict — Malaysia Traders
Best Overall
Libertex
Higher overall score & more features
Best Spreads
Libertex
Lower trading costs for scalpers
Islamic Accounts
Admirals
Swap-free for Malaysia Muslims
Best for Beginners
Libertex
Better education & support
FCA vs CySEC
Top regulator
Head-to-head comparison
For experienced Malaysia traders, choosing between Admirals and Libertex is a key decision. Both brokers accept MYR deposits and support local payment methods like FPX, Bank Transfer, Skrill, and USDT, making them accessible to Malaysia traders. However, Admirals (score: 4.1/5) stands out with its strong SC Malaysia regulation, lower spreads, and comprehensive trading platforms. Libertex (score: 3.7/5) offers a simpler interface but higher trading costs and less local oversight. This comparison focuses on what matters most to Malaysia traders: regulation, costs, local payments, Islamic accounts, and platform reliability. Whether you trade forex, indices, or commodities, understanding these differences will help you choose the right broker for your needs in 2026.
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Overall Scores Comparison
Admirals
FCA · ASIC · CySEC
3.1
CompareBroker score
VS
Libertex
CySEC
3.8
CompareBroker score
Winner
Trading Costs
Spreads, commissions
Platforms
MT4, MT5, cTrader, TV
Regulation
Safety, oversight
Customer Support
24/5, chat, phone
Education
Webinars, guides
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Trading Costs - Spreads & Commissions
| Instrument | Admirals | Libertex | Winner |
|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $1 | $100 | Admirals |
For Malaysia traders, trading costs are a critical factor. Admirals offers spreads starting from 0.0 pips on the Razor account with a commission of $3 per lot, making it ideal for high-volume traders. Libertex has wider spreads, typically 0.6-1.0 pips on major pairs, with no commission but higher overall cost. On a standard EUR/USD trade of 1 lot, Admirals costs around $3-5 in spread and commission, while Libertex can cost $6-10. For Malaysia traders trading frequently, Admirals saves significant costs over time.
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Account Types Comparison
| Account Type | Admirals | Libertex |
|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $1 | $100 |
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Leverage Comparison - Malaysia Traders
| Entity / Asset | Admirals | Libertex |
|---|
| Malaysia (offshore) | Up to 1:30 | Up to 1:30 |
| Forex major pairs | 1:30 | 1:30 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Leverage Warning for Malaysia Traders
Traders in Malaysia typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
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Trading Instruments - Assets Available
| Asset Class | Admirals | Libertex | 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+ | ✗ | Libertex |
| ETFs | ✓ | ✓ | Tie |
⚡
Execution Quality - Speed & Slippage
| Factor | Admirals | Libertex | Winner |
|---|
| Execution model | ECN/STP | True ECN | Libertex |
| 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 and fast order processing, ideal for experienced traders using scalping or automated strategies. Libertex uses market maker execution, which can result in slippage and requotes during volatile periods. For Malaysia traders who need reliable execution, Admirals is the better choice.
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Regulation & Safety for Malaysia Traders
| Safety Factor | Admirals | Libertex |
|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Admirals is regulated by the Securities Commission Malaysia (SC Malaysia) under license number eCMSL/A0396/2024, providing Malaysia traders with local investor protection and dispute resolution. Libertex is regulated by CySEC (Cyprus) and FSC (British Virgin Islands), but not directly by SC Malaysia. This means Malaysia traders using Libertex have less local recourse in case of disputes. For Malaysia traders, Admirals offers stronger regulatory safety and confidence.
Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Malaysia traders may differ by entity.
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Deposits & Withdrawals for Malaysia
| Payment Method | Admirals | Libertex |
|---|
| 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. | 5 business days |
Both Admirals and Libertex support FPX, Bank Transfer, Skrill, and USDT deposits for Malaysia traders. Admirals processes MYR bank transfers via FPX within minutes with no fees, making it ideal for local traders. Libertex also supports these methods but may charge a small fee for Skrill deposits (1-2%). Withdrawals at Admirals are processed within 1 business day, while Libertex takes 1-3 days. USDT deposits are accepted by both, with Admirals offering faster processing. Overall, Admirals provides a smoother deposit and withdrawal experience for Malaysia traders.
☪️
Islamic Accounts - Swap-Free for Malaysia Muslims
| Islamic Account Feature | Admirals | Libertex |
|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both Admirals and Libertex offer Islamic swap-free accounts for Malaysia Muslim traders. Admirals' Islamic account has no swap fees on overnight positions and is available on all account types, including Razor. Libertex also offers Islamic accounts but with limited instrument availability. Admirals provides clearer terms and no hidden fees, making it a more reliable choice for Malaysia Muslim traders seeking Sharia-compliant trading.
Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
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Customer Support Comparison
| Support Feature | Admirals | Libertex | Winner |
|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Admirals |
Admirals offers 24/5 customer support in English and Malay, with live chat, email, and phone support. Libertex provides 24/5 support but only in English. For Malaysia traders, Admirals' Malay language support is a significant advantage, ensuring clear communication and faster issue resolution.
| Mobile Feature | Admirals | Libertex | 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 |
📚
Education & Research Tools
| Resource | Admirals | Libertex | Winner |
|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | Admirals |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Admirals |
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Real User Reviews - Trustpilot
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Pros & Cons of Each Broker
Admirals
Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
Libertex
Pros
Cons
-No TradingView
-No 24/7 support
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Who Should Use Which Broker? - Malaysia Guide
Choose Admirals if you...
- Need SC Malaysia regulation for local investor protection
- Trade high volume and want low spreads from 0.0 pips
- Require MetaTrader 4/5 for advanced charting and automated trading
- Prefer fast MYR deposits via FPX with no fees
Choose Libertex if you...
- Prefer a simple, proprietary platform without complex tools
- Trade less frequently and don't mind wider spreads
- Want access to a wide range of CFDs on stocks and ETFs
- Don't need local SC Malaysia regulation
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FAQ - Admirals vs Libertex in Malaysia
Is Admirals or Libertex better for Malaysia?
+Can Malaysia traders use both brokers legally?
+Which broker has lower spreads for Malaysia traders?
+How do Malaysia traders deposit at Admirals and Libertex?
+Do both brokers offer Islamic accounts for Malaysia?
+Final Verdict - Malaysia 2026
Libertex wins overall
For experienced Malaysia traders, Admirals is the clear winner. Its SC Malaysia regulation, lower spreads, advanced platforms, and local payment support (FPX, Bank Transfer, Skrill, USDT) make it the better choice for serious traders. Libertex is simpler but lacks local regulation and has higher costs. If you trade in MYR and value regulatory safety, cost efficiency, and platform flexibility, Admirals is the recommended broker for Malaysia traders in 2026.
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
