FBS vs EasyMarkets: Malaysia Trader Comparison 2026
Which broker is better for Malaysia traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Malaysia Traders
For experienced retail traders in Malaysia, choosing between FBS and EasyMarkets involves weighing cost, flexibility, and local payment support. FBS, with a score of 3.7/5, is known for its low spreads and diverse account types, making it attractive for active traders. EasyMarkets, scoring 3.4/5, appeals to those who prefer fixed spreads and a user-friendly platform. Both brokers support Malaysia-specific payment methods such as FPX, Bank Transfer, Skrill, and USDT, ensuring smooth deposits and withdrawals in MYR. However, neither is regulated by the SC Malaysia, so traders must rely on international licenses. This comparison focuses on what matters most to Malaysia traders: trading costs, platform usability, Islamic account options, and local payment efficiency.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | FBS | 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 | $5 | $25 | EasyMarkets |
For Malaysia traders, trading costs are a key differentiator. FBS offers variable spreads starting from 0.7 pips on its ECN account, which is ideal for high-volume traders looking to minimize costs. EasyMarkets provides fixed spreads from 1.0 pips, offering predictability but at a higher cost per trade. Over 100 trades per month, FBS can save a Malaysia trader 30-50% in spread costs compared to EasyMarkets. Additionally, FBS charges no commission on standard accounts, while EasyMarkets includes spreads only. For scalpers and day traders, FBS is clearly more cost-effective.
Account Types Comparison
| Account Type | FBS | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $25 |
Leverage Comparison - Malaysia Traders
| Entity / Asset | FBS | EasyMarkets |
|---|---|---|
| Malaysia (offshore) | Up to 1:3000 | Up to 1:2000 |
| Forex major pairs | 1:3000 | 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 |
Trading Instruments - Assets Available
| Asset Class | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FBS |
| Crypto CFDs | 30+ | 20+ | FBS |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
Platforms Comparison
| Platform | FBS | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FBS provides MetaTrader 4 and 5, which are industry standards for experienced traders. These platforms offer advanced charting, automated trading via Expert Advisors, and custom indicators. EasyMarkets offers its proprietary web-based platform and mobile app, focusing on simplicity and risk management tools like deal cancellation. For Malaysia traders who value advanced analysis and algorithmic trading, FBS is the better choice. However, if you prefer a straightforward interface with built-in risk controls, EasyMarkets may suit you.
Execution Quality - Speed & Slippage
| Factor | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | FBS |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
FBS uses ECN technology for fast execution with no requotes, ideal for scalpers and news traders. EasyMarkets offers instant execution with fixed spreads, but may have slippage during volatile times. For Malaysia traders who trade high-frequency or during major economic releases, FBS's execution is superior. EasyMarkets is better for those who prefer predictable order filling.
Regulation & Safety for Malaysia Traders
| Safety Factor | FBS | EasyMarkets |
|---|---|---|
| Primary regulator | IFSC | CySEC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither FBS nor EasyMarkets is regulated by the SC Malaysia, meaning Malaysia traders do not have local investor protection. FBS is regulated by the International Financial Services Commission (IFSC) of Belize, while EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) of St. Vincent and the Grenadines. For Malaysia traders, this means you should verify the broker's license and consider using a broker with SC Malaysia regulation for added safety. Always check the latest regulatory status before depositing.
Deposits & Withdrawals for Malaysia
| Payment Method | FBS | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Electronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 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) |
Both brokers support popular Malaysia payment methods. FBS allows deposits via FPX, Bank Transfer, Skrill, and USDT with a minimum of $5 USD and no fees. EasyMarkets also accepts FPX, Bank Transfer, Skrill, and USDT, with a minimum deposit of $100 USD. Withdrawals are processed within 1-2 business days for both. For Malaysia traders, FPX is the fastest and most convenient method, offering instant deposits. Bank Transfer may take 1-3 days. Always check for any hidden fees, though both brokers claim no deposit fees. USDT deposits are gaining popularity for their speed and low cost.
Islamic Accounts - Swap-Free for Malaysia Muslims
| Islamic Account Feature | FBS | 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 |
Both FBS and EasyMarkets offer Islamic (swap-free) accounts for Muslim traders in Malaysia. FBS provides Islamic accounts on all account types, including ECN, with no swap fees on overnight positions. EasyMarkets also offers Islamic accounts with no interest or hidden charges. Both brokers require a request for Islamic account activation, which is typically approved within 24 hours. For Malaysia traders, this ensures compliance with Sharia law while trading forex and CFDs.
Customer Support Comparison
| Support Feature | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
FBS offers 24/7 customer support via live chat, email, and phone, with a dedicated team for Malaysia traders. EasyMarkets also provides 24/5 support via live chat and email, but lacks a Malaysia-specific team. FBS has a slight edge with faster response times and multi-language support, including Bahasa Malaysia. For Malaysia traders, FBS's round-the-clock support is more reliable.
Mobile App Comparison
| Mobile Feature | FBS | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FBS |
| Google Play rating | 4.3 stars | 4.2 stars | FBS |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
Education & Research Tools
| Resource | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
FBS
EasyMarkets
Who Should Use Which Broker? - Malaysia Guide
Choose FBS if you...
- Are an experienced retail trader seeking low variable spreads for high-volume trading.
- Prefer advanced platforms like MetaTrader 4/5 with automated trading capabilities.
- Want fast execution with no requotes for scalping or news trading.
- Need a low minimum deposit ($5) and support for FPX, Bank Transfer, Skrill, and USDT.
Choose EasyMarkets if you...
- Prefer fixed spreads for predictable trading costs.
- Value a simple, user-friendly platform with built-in risk management tools like deal cancellation.
- Want a broker with a longer track record and CySEC regulation.
- Are comfortable with a higher minimum deposit ($100) and less advanced trading features.
FAQ - FBS vs EasyMarkets in Malaysia
Final Verdict - Malaysia 2026
For Malaysia traders, FBS is the stronger choice overall due to its lower spreads, advanced platforms, and lower minimum deposit. It scores 3.7/5 compared to EasyMarkets' 3.4/5. FBS's support for FPX, Bank Transfer, Skrill, and USDT makes deposits and withdrawals seamless for Malaysia users. However, EasyMarkets offers fixed spreads and a simpler platform, which may appeal to less active traders. Both lack SC Malaysia regulation, so trade with caution. If you prioritize cost and flexibility for active trading, choose FBS. If you prefer simplicity and predictable costs, EasyMarkets is a viable alternative.