Which broker is better for Malaysia traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Malaysia, choosing between EasyMarkets and RoboForex requires a close look at local trading needs. Both brokers are popular among Malaysians, but they cater to different styles. EasyMarkets, with a 3.4/5 score, is known for its fixed spreads, user-friendly web platform, and strong local payment support including FPX, Bank Transfer, Skrill, and USDT. RoboForex, scoring 3.2/5, offers more account types, higher leverage up to 1:2000, and advanced platforms like MT4 and MT5. However, neither broker is regulated by the Securities Commission Malaysia (SC Malaysia), so traders must assess the risks of using offshore brokers. This comparison focuses on trading costs, platforms, regulation, and local payment methods to help Malaysia traders decide which broker fits their experience level and trading style.
| Instrument | EasyMarkets | RoboForex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | RoboForex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | RoboForex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | RoboForex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | RoboForex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $10 | RoboForex |
For Malaysia traders, trading costs can significantly impact profitability, especially for those trading high volumes. EasyMarkets offers fixed spreads starting from 1.0 pips on major pairs like EUR/USD, with no hidden commissions. This predictability helps experienced traders manage costs. In contrast, RoboForex's standard account has spreads from 1.3 pips, while its ECN accounts offer spreads from 0.0 pips but charge a commission of $3.5 per lot. For scalpers or high-frequency traders, RoboForex's ECN may be cheaper, but for most Malaysia traders, EasyMarkets' fixed spreads provide better cost control.
| Account Type | EasyMarkets | RoboForex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $10 |
| Entity / Asset | EasyMarkets | RoboForex |
|---|---|---|
| Malaysia (offshore) | Up to 1:2000 | Up to 1:2000 |
| Forex major pairs | 1:2000 | 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 | EasyMarkets | RoboForex | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | RoboForex |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | RoboForex |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets provides a proprietary web-based platform that is intuitive and includes risk management tools like dealCancellation and free guaranteed stop-loss. This is ideal for Malaysia traders who want simplicity without installing software. RoboForex offers MetaTrader 4, MetaTrader 5, and cTrader, giving experienced traders advanced charting, automated trading, and custom indicators. For Malaysia traders who use Expert Advisors (EAs) or need multi-asset analysis, RoboForex is the better choice. However, EasyMarkets’ platform is faster to learn and more stable for manual trading.
| Factor | EasyMarkets | RoboForex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | RoboForex |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
EasyMarkets offers market execution with no requotes and guaranteed stop-loss orders, which is valuable for Malaysia traders who need price certainty. RoboForex provides both market and instant execution, with ECN accounts offering faster order processing. For scalpers, RoboForex’s ECN execution is superior, but for most retail traders, EasyMarkets’ execution is reliable and transparent.
| Safety Factor | EasyMarkets | RoboForex |
|---|---|---|
| Primary regulator | CySEC | IFSC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither EasyMarkets nor RoboForex is regulated by the Securities Commission Malaysia (SC Malaysia). EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia), while RoboForex holds an IFSC license from Belize. For Malaysia traders, this means no direct local investor protection. However, EasyMarkets’ ASIC regulation offers a stronger regulatory framework, including negative balance protection. RoboForex’s IFSC license provides limited oversight. Malaysia traders should consider using brokers with SC Malaysia approval for added security, but both remain popular due to their flexible terms.
| Payment Method | EasyMarkets | RoboForex |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | 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) | 1 to 5 business days |
Malaysia traders can fund their accounts easily at both brokers using FPX, Bank Transfer, Skrill, and USDT. EasyMarkets supports FPX for instant local bank transfers, with no deposit fees and a minimum deposit of $100. RoboForex also accepts FPX, Bank Transfer, Skrill, and USDT, with a lower minimum deposit of $10, making it more accessible. Withdrawals at EasyMarkets are processed within 1-2 business days, while RoboForex may take slightly longer for bank transfers. Both brokers allow USDT deposits, which is convenient for crypto-savvy traders. For Malaysia, FPX is the fastest and most cost-effective method.
| Islamic Account Feature | EasyMarkets | RoboForex |
|---|---|---|
| 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 EasyMarkets and RoboForex offer Islamic (swap-free) accounts for Malaysia Muslim traders. EasyMarkets provides swap-free accounts automatically upon request, with no additional fees or time limits. This is ideal for traders who follow Sharia law. RoboForex also offers Islamic accounts, but it may charge a small administrative fee after a holding period (usually 3-7 days). Malaysia traders should check the specific terms with RoboForex to avoid unexpected charges. Overall, EasyMarkets offers a more straightforward and cost-free Islamic account option.
| Support Feature | EasyMarkets | RoboForex | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets provides 24/5 customer support via live chat, email, and phone, with English-speaking agents. They also offer a dedicated Malaysia phone number for local queries. RoboForex offers 24/7 support via live chat and email, but response times can vary during peak hours. For Malaysia traders, EasyMarkets’ local phone support is a plus, while RoboForex’s round-the-clock availability is helpful for night traders.
| Mobile Feature | EasyMarkets | RoboForex | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | EasyMarkets | RoboForex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose RoboForex if you...
For experienced Malaysia traders, EasyMarkets is the stronger choice overall due to its higher score (3.4 vs 3.2), fixed spreads, and local payment support including FPX, Bank Transfer, Skrill, and USDT. Its ASIC regulation adds a layer of trust, and its Islamic account is fee-free. RoboForex appeals to traders who need high leverage, advanced platforms, and a low entry barrier, but its spreads can be higher for standard accounts. Neither broker is SC Malaysia-regulated, so traders should proceed with caution. If you prioritize cost predictability and ease of use, choose EasyMarkets. If you want flexibility and high leverage, RoboForex may suit you better.