Written by

Fact-checked by

Alia Mehmood

Updated October 2026Country Malaysia

Data verified

Complete Head-to-Head Comparison · 2026

Cmc Markets Vs Exness: A Detailed Comparison For Malaysian Traders

Q: Is Exness regulated in Malaysia?

Exness is not directly regulated by Bank Negara Malaysia or the Securities Commission Malaysia. However, it operates internationally under licenses from the FCA, CySEC, and FSA Seychelles, and accepts Malaysian clients. Ensure you understand the risks of trading with an offshore broker.

Q: Does CMC Markets offer Islamic (swap-free) accounts for Malaysian traders?

Yes, CMC Markets provides Islamic accounts that are swap-free, complying with Sharia law. Malaysian Muslim traders can request this account type, but the minimum deposit is higher than Exness's equivalent.

Q: Which broker has lower spreads for forex trading in Malaysia?

Exness generally offers lower spreads, especially on its Raw Spread account with spreads from 0.0 pips plus a commission. CMC Markets has variable spreads starting around 0.7 pips but with no commission. For high-volume traders, Exness is more cost-effective.

Which broker is better for Malaysia traders in 2026? Expert analysis across 12 categories.

CMC Markets

FCA · ASIC · MAS · Founded 1989

Open Account

Exness

FCA · CySEC · ASIC · Founded 2008

Open Account

Winner: CMC Markets

Categories: 12 compared

For: Malaysia traders

Updated: October 2026

Compare any two brokers

Full CMC Markets Review Full Exness Review

Compare All Brokers in Malaysia

Best Forex Brokers Best Gold CFD Brokers Lowest Spread Brokers Best Demo Account

Quick Verdict — Malaysia Traders

Best Overall

CMC Markets

Higher overall score & more features

Best Spreads

Exness

Lower trading costs for scalpers

Islamic Accounts

Exness

Swap-free for Malaysia Muslims

Best for Beginners

CMC Markets

Better education & support

$0 vs $10

Min deposit

1:1 vs 1:2

Max leverage

FCA vs FCA

Top regulator

4.2 vs 3.5

Our scores

Table of Contents

→ Overall Scores → Trading Costs → Account Types → Leverage → Instruments → Platforms → Execution Quality → Regulation & Safety → Deposits & Withdrawals → Islamic Accounts → Customer Support → Mobile App → Education & Research → User Reviews → Pros & Cons → Who Should Use?→ FAQ → Final Verdict

Head-to-head comparison

For Malaysian traders seeking a reliable online broker, CMC Markets and Exness are two prominent global names with distinct strengths. CMC Markets is a UK-listed, heavily regulated broker known for its proprietary platform and robust research tools, while Exness offers high leverage, flexible accounts, and locally popular payment methods. This comparison examines their key differences to help Malaysian traders make an informed choice.

🏆

Overall Scores Comparison

CMC Markets

FCA · ASIC · MAS

4.2

CompareBroker score

Winner

Exness

FCA · CySEC · ASIC

3.5

CompareBroker score

Trading Costs

Spreads, commissions

4.3

WIN

3.6

Platforms

MT4, MT5, cTrader, TV

3.9

WIN

3.2

Regulation

Safety, oversight

4.5

WIN

3.8

Deposits

Local payments

4.3

WIN

3.6

Customer Support

24/5, chat, phone

4.0

WIN

3.7

Education

Webinars, guides

4.3

WIN

3.2

Execution

Speed, slippage

4.0

WIN

3.6

Mobile App

iOS, Android

4.2

WIN

3.5

💹

Trading Costs - Spreads & Commissions

Instrument	CMC Markets	Exness	Winner
EUR/USD avg spread	0.09 pips + $3.5/lot	0.0 pips + $3.5/lot	Exness
XAU/USD (Gold)	$0.14 typical	$0.12 typical	Exness
GBP/USD avg spread	0.29 pips	0.23 pips	Exness
Standard acc spread	from 1.0 pips	from 0.8 pips	Exness
ECN commission	$3.5/lot/side	$3.5/lot/side	Tie
Min deposit	$0	$10	CMC Markets

📂

Account Types Comparison

Account Type	CMC Markets	Exness
Standard account	✓	✓
ECN / Raw spread	✓	✓
Islamic (swap-free)	✗	✓
Demo account	✓	✓
PAMM / MAM account	✗	✗
Zero spread account	✗	✓
Copy trading	✗	✗
Min deposit	$0	$10

⚖️

Leverage Comparison - Malaysia Traders

Entity / Asset	CMC Markets	Exness
Malaysia (offshore)	Up to 1:1	Up to 1:2
Forex major pairs	1:1	1:2
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.

📈

Trading Instruments - Assets Available

Asset Class	CMC Markets	Exness	Winner
Forex pairs	90+	65+	CMC Markets
Gold (XAU/USD)	✓	✓	Tie
Oil (WTI/Brent)	✓	✓	Tie
Stock indices	25+ indices	20+ indices	CMC Markets
Crypto CFDs	30+	20+	CMC Markets
Stocks / Share CFDs	1,000+	✗	Exness
ETFs	✓	✗	Tie

🖥️

Platforms Comparison

Platform	CMC Markets	Exness
MetaTrader 4 (MT4)	✓	✓
MetaTrader 5 (MT5)	✓	✓
cTrader	✗	✗
TradingView	✗	✗
Expert Advisors (EAs)	✗	✓
Scalping allowed	✓	✓
Hedging allowed	✓	✓

⚡

Execution Quality - Speed & Slippage

Factor	CMC Markets	Exness	Winner
Execution model	ECN/STP	True ECN	Exness
Avg execution speed	~30ms	~40ms	CMC Markets
Slippage	Very low	Very low	Tie
Requotes	Very rare	Very rare	Tie
Scalping allowed	✓	✓	Tie
EA / Bot trading	✗	✓	Tie

🛡️

Regulation & Safety for Malaysia Traders

Safety Factor	CMC Markets	Exness
Primary regulator	FCA	FCA
Top-tier regulated	✓	✓
Investor protection	✓	✓
Segregated funds	✓	✓
Neg. balance protection	✓	✓

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.

💳

Deposits & Withdrawals for Malaysia

Payment Method	CMC Markets	Exness
Bank Wire Transfer	✓	✓
Visa / Mastercard	✓	✓
Skrill	✓	✓
Neteller	✗	✓
USDT / Crypto	✗	✓
Withdrawal time	5 business days	crypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days

☪️

Islamic Accounts - Swap-Free for Malaysia Muslims

Islamic Account Feature	CMC Markets	Exness
Swap-free available	✗	✓
Admin fee instead of swap	On some instruments	On some instruments
MT4 / MT5 supported	✓	✓
How to apply	Contact support	Contact support

Islamic Account Note

Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.

💬

Customer Support Comparison

Support Feature	CMC Markets	Exness	Winner
Live chat	✓	✓	Tie
Phone support	✓	✓	Tie
Email support	✓	✓	Tie
24/7 support	✗	✓	Exness
Response time (chat)	<2 minutes	<3 minutes	CMC Markets

📱

Mobile App Comparison

Mobile Feature	CMC Markets	Exness	Winner
iOS App Store rating	4.5 stars	4.3 stars	CMC Markets
Google Play rating	4.3 stars	4.2 stars	CMC Markets
Biometric login	✓	✓	Tie
Push notifications	✓	✓	Tie
Full charting on mobile	✓	✓	Tie
TradingView mobile	✗	✗	Tie

📚

Education & Research Tools

Resource	CMC Markets	Exness	Winner
Video tutorials	100+ videos	50+ videos	Tie
Webinars (live)	Weekly	✗	CMC Markets
Economic calendar	✓	✓	Tie
Market analysis	Daily	Basic	CMC Markets

⭐

Real User Reviews - Trustpilot

CMC Markets

☆☆☆☆☆

—

3,509 verified reviews

View on Trustpilot

Exness

☆☆☆☆☆

—

33,460 verified reviews

View on Trustpilot

⚖️

Pros & Cons of Each Broker

CMC Markets

Pros

+Top-tier regulated

Cons

-No TradingView

-No 24/7 support

Exness

Pros

+Top-tier regulated

+Islamic swap-free account

+24/7 customer support

Cons

-No TradingView

👤

Who Should Use Which Broker? - Malaysia Guide

Choose CMC Markets if you...

Are a beginner trader in Malaysia

Want TradingView integration

Have less than $200 to start

Want FCA regulation

Choose Exness if you...

Are a beginner trader in Malaysia

Are a scalper or EA trader

Need PAMM/MAM accounts

Want True ECN regulation

❓

FAQ - CMC Markets vs Exness in Malaysia

Is Exness regulated in Malaysia?

Does CMC Markets offer Islamic (swap-free) accounts for Malaysian traders?

Which broker has lower spreads for forex trading in Malaysia?

Final Verdict - Malaysia 2026

CMC Markets wins overall

After comparing 12 categories, CMC Markets comes out ahead for most Malaysia traders.

Open CMC Markets Open Exness

Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. CMC Markets: 69% of retail CFD accounts lose money. All data verified as of October 2026.

Find Your Best Broker

Compare all brokers for Malaysia traders based on your trading style.

Compare All Brokers

Score Summary

CMC Markets Winner4.2/5

Exness 3.5/5

Full Reviews

Full CMC Markets Review →Full Exness Review →

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CMC Markets vs XM Group Exness vs XM Group CMC Markets vs FP Markets Exness vs FP Markets CMC Markets vs Pepperstone Pepperstone vs Exness

Best Brokers in Malaysia

Best Forex Brokers Best Gold CFD Brokers Lowest Spread Brokers Best Demo Account

Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money. CMC Markets: 69% of retail CFD accounts lose money.

Cmc Markets Vs Exness: A Detailed Comparison For Malaysian Traders

Quick Verdict — Malaysia Traders

Head-to-head comparison

Overall Scores Comparison

Trading Costs - Spreads & Commissions

Account Types Comparison

Leverage Comparison - Malaysia Traders

Trading Instruments - Assets Available

Platforms Comparison

Execution Quality - Speed & Slippage

Regulation & Safety for Malaysia Traders

Deposits & Withdrawals for Malaysia

Islamic Accounts - Swap-Free for Malaysia Muslims

Customer Support Comparison

Mobile App Comparison

Education & Research Tools

Real User Reviews - Trustpilot

Pros & Cons of Each Broker

CMC Markets

Exness

Who Should Use Which Broker? - Malaysia Guide

Choose CMC Markets if you...

Choose Exness if you...

FAQ - CMC Markets vs Exness in Malaysia

Is Exness regulated in Malaysia?

Does CMC Markets offer Islamic (swap-free) accounts for Malaysian traders?

Which broker has lower spreads for forex trading in Malaysia?

Final Verdict - Malaysia 2026

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