HomeCompareFxPro vs LibertexMalaysia
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Complete Head-to-Head Comparison · 2026

FxPro vs Libertex for Malaysia Traders (2026)

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

FxPro logo
FxPro
FCA · CySEC · FSCA · Founded 2006
Open Account
VS
LI
Libertex
CySEC · Founded 1997
Open Account
Winner: Libertex
Categories: 12 compared
For: Malaysia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Malaysia Traders

Best Overall
Libertex
Higher overall score & more features
Best Spreads
Libertex
Lower trading costs for scalpers
Islamic Accounts
FxPro
Swap-free for Malaysia Muslims
Best for Beginners
Libertex
Better education & support
$100 vs $10
Min deposit
1:500 vs 1:999
Max leverage
FCA vs CySEC
Top regulator
3.1 vs 3.8
Our scores
Table of Contents

For experienced retail traders in Malaysia, choosing between FxPro and Libertex is a critical decision. Both brokers are well-known globally, but they cater to different trading styles and preferences. FxPro, with a rating of 4.1/5, is a multi-asset broker offering over 2,100 instruments, including forex, indices, commodities, and shares. Its reputation for tight spreads, advanced trading platforms (MT4, MT5, cTrader), and robust execution makes it a strong choice for active traders. Libertex, rated 3.7/5, is a user-friendly broker with a focus on simplicity and a wide range of CFDs. It offers a proprietary platform that is easy to navigate, making it suitable for traders who prefer a streamlined experience. Both brokers accept Malaysia traders and support local payment methods like FPX, Bank Transfer, Skrill, and USDT. However, neither is directly regulated by the Securities Commission Malaysia (SC Malaysia). This comparison will help you understand which broker aligns better with your trading goals, whether you prioritize low costs, platform variety, or local payment convenience.

🏆

Overall Scores Comparison

FxPro
FxPro
FCA · CySEC · FSCA
3.1
CompareBroker score
VS
LI
Libertex
CySEC
3.8
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.2
3.9
WIN
Platforms
MT4, MT5, cTrader, TV
3.3
3.5
WIN
Regulation
Safety, oversight
3.4
WIN
3.3
Deposits
Local payments
3.2
3.9
WIN
Customer Support
24/5, chat, phone
2.9
3.6
WIN
Education
Webinars, guides
3.2
3.5
WIN
Execution
Speed, slippage
3.2
3.6
WIN
Mobile App
iOS, Android
3.1
3.8
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentFxProLibertexWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotLibertex
XAU/USD (Gold)$0.14 typical$0.12 typicalLibertex
GBP/USD avg spread0.29 pips0.23 pipsLibertex
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsLibertex
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$100$10Libertex

When comparing trading costs for Malaysia traders, FxPro generally offers lower spreads, especially on major forex pairs like EUR/USD, where raw spreads start from 0.0 pips on the cTrader platform. This is ideal for high-volume traders who need to minimize transaction costs. Libertex has slightly higher spreads but compensates with commission-free trading on some account types. For Malaysia traders who trade frequently, FxPro’s tighter spreads can lead to significant savings over time. Libertex, however, may appeal to those who prefer a simpler cost structure without worrying about commissions.

📂

Account Types Comparison

Account TypeFxProLibertex
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$100$10
⚖️

Leverage Comparison - Malaysia Traders

Entity / AssetFxProLibertex
Malaysia (offshore)Up to 1:500Up to 1:999
Forex major pairs1:5001:999
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 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 ClassFxProLibertexWinner
Forex pairs90+65+FxPro
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesFxPro
Crypto CFDs30+20+FxPro
Stocks / Share CFDs1,000+Libertex
ETFsTie
🖥️

Platforms Comparison

PlatformFxProLibertex
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

FxPro provides a comprehensive suite of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, all of which are popular among experienced traders for their advanced charting tools, automated trading capabilities, and extensive indicators. Libertex, on the other hand, offers a proprietary web-based platform that is intuitive and easy to use, but lacks the depth of MT4/MT5. For Malaysia traders who rely on Expert Advisors (EAs) or complex technical analysis, FxPro is the better choice. Libertex is more suited for traders who prefer a straightforward, mobile-friendly experience.

Execution Quality - Speed & Slippage

FactorFxProLibertexWinner
Execution modelECN/STPTrue ECNLibertex
Avg execution speed~30ms~40msFxPro
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

FxPro is known for its fast execution speeds, with an average execution time of under 50 milliseconds, making it ideal for scalpers and high-frequency traders. Libertex also offers competitive execution, but its proprietary platform may not match the speed of FxPro’s cTrader or MT4. For Malaysia traders who prioritize quick order execution, FxPro is the stronger choice.

🛡️

Regulation & Safety for Malaysia Traders

Safety FactorFxProLibertex
Primary regulatorFCACySEC
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

Neither FxPro nor Libertex is directly regulated by the Securities Commission Malaysia (SC Malaysia). FxPro is regulated by top-tier authorities like the UK Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) in South Africa. Libertex is regulated by CySEC and the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. For Malaysia traders, this means that while both brokers offer some level of protection, they are not under the direct oversight of local regulators. Traders should exercise due diligence and understand the risks of trading with offshore brokers.

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 MethodFxProLibertex
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal time1 business day5 business days

Both FxPro and Libertex support a range of payment methods popular among Malaysia traders, including FPX, Bank Transfer, Skrill, and USDT. Deposits via FPX and USDT are typically processed instantly, while Bank Transfer may take 1-2 business days. Skrill deposits are also instant. Withdrawals are generally processed within 24 hours for e-wallets and 2-5 business days for bank transfers. FxPro does not charge deposit fees, but withdrawal fees may apply for certain methods. Libertex also offers fee-free deposits, but withdrawal fees vary. Malaysia traders should check each broker's fee schedule for the specific payment method they intend to use.

☪️

Islamic Accounts - Swap-Free for Malaysia Muslims

Islamic Account FeatureFxProLibertex
Swap-free available
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported
How to applyContact supportContact support

Both FxPro and Libertex offer Islamic (swap-free) accounts for Malaysia Muslim traders who need to comply with Sharia law. FxPro provides Islamic accounts upon request, with no swap or rollover fees on overnight positions. Libertex also offers swap-free accounts, but conditions may differ depending on the instrument and account type. Malaysia traders should confirm eligibility and any additional requirements with customer support before opening an account. Both brokers aim to accommodate Muslim traders, but FxPro’s policy is more straightforward.

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 FeatureFxProLibertexWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesFxPro

FxPro offers 24/5 multilingual customer support via live chat, email, and phone, with a dedicated team for Malaysia traders. Libertex also provides 24/5 support through live chat, email, and phone, but response times can be slower during peak hours. For Malaysia traders who need quick assistance, FxPro’s support is generally more responsive and reliable.

📱

Mobile App Comparison

Mobile FeatureFxProLibertexWinner
iOS App Store rating4.5 stars4.3 starsFxPro
Google Play rating4.3 stars4.2 starsFxPro
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceFxProLibertexWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyFxPro
Economic calendarTie
Market analysisDailyBasicFxPro

Real User Reviews - Trustpilot

T
FxPro
★★★★★
0.8K
750 verified reviews
View on Trustpilot
T
Libertex
★★★★★
8.5K
8,500 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

FxPro

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support

Libertex

Pros
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Malaysia Guide

Choose FxPro if you...

  • Are an experienced trader who needs advanced platforms like MT4, MT5, or cTrader
  • Want tight spreads and low trading costs for high-volume trading
  • Prefer fast execution speeds for scalping or day trading
  • Value strong regulatory oversight from top-tier authorities like FCA and CySEC

Choose Libertex if you...

  • Prefer a simple, user-friendly platform without complex features
  • Want commission-free trading on certain account types
  • Are a beginner or intermediate trader who values ease of use
  • Need a mobile-friendly trading experience with a wide range of CFDs

FAQ - FxPro vs Libertex in Malaysia

Is FxPro 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 FxPro and Libertex? +
Do both brokers offer Islamic accounts for Malaysia? +

Final Verdict - Malaysia 2026

Libertex wins overall

For experienced retail traders in Malaysia, FxPro is the stronger choice overall. Its higher rating (4.1/5), lower spreads, advanced platforms, and fast execution make it ideal for active trading. Libertex, while user-friendly and suitable for beginners, lacks the depth and cost efficiency that experienced traders need. Both brokers support local payment methods like FPX, Bank Transfer, Skrill, and USDT, and neither is regulated by SC Malaysia. If you prioritize advanced tools and low costs, choose FxPro. If simplicity is your goal, Libertex is a decent alternative.

Open FxProOpen Libertex
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 July 2026.
Find Your Best Broker
Compare all brokers for Malaysia traders based on your trading style.
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Score Summary
FxPro 3.1/5
Libertex Winner3.8/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.