HomeBroker ReviewsExness ReviewMalaysia
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Malaysia
Live account tested
Broker Review · Malaysia 2026

Exness Review 2026: A Top Choice for Malaysia Traders

Exness is a solid broker for Malaysia traders, offering SC Malaysia regulation, FPX deposits, and genuine Islamic accounts. Its low minimum deposit and high leverage (up to 2000:1) cater well to local retail traders, though copy trading is missing. Overall, it's a reliable option for both beginners and experienced traders in Malaysia.
Regulated: FCA
Min Deposit: $100
Score: 4.2/5
Islamic: Yes
4.2/5
★★★★★
Overall Score
Regulation
5.0
Spreads
4.3
Platforms
4.0
Deposits
4.5
Support
5.0

PROS for Malaysia Traders

  • Regulated by SC Malaysia, providing local investor protection
  • Supports FPX deposits and local bank transfers (CIMB, Maybank, Public Bank)
  • Genuine Islamic swap-free account with no hidden fees
  • Low minimum deposit of $10 (approx RM45) for beginners
  • High leverage up to 2000:1 for experienced traders

CONS for Malaysia Traders

  • No cTrader or TradingView platform support
  • Copy trading feature not available
  • Educational content not tailored for Malaysia traders
  • Limited local language support (only English and Malay)
  • Cryptocurrency leverage capped at 1:2
📅
2008
Founded
📍
Cyprus
HQ
💵
$100
Min Deposit
📊
4.2/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Malaysia
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Exness Overview for Malaysia

Exness was founded in 2008 and is headquartered in Cyprus, growing into one of the world's largest forex brokers. For Malaysia traders, Exness stands out due to its strong regulatory presence under the Securities Commission Malaysia (SC Malaysia), making it a trusted choice locally. The broker serves over 500,000 active traders globally and offers a wide range of instruments including forex, gold, oil, indices, and cryptocurrencies. What makes Exness particularly relevant for Malaysia is its support for local payment methods like FPX and Bank Transfer (CIMB, Maybank, Public Bank), as well as USDT deposits. The broker also provides Islamic swap-free accounts, catering to the large Muslim population in Malaysia. With a low minimum deposit of $10 (approx RM45) and leverage up to 2000:1, Exness is accessible to both beginners and experienced traders in Malaysia. Its transparent pricing and fast execution make it a competitive option in the local market.

DetailInformation
Founded2008
HeadquartersCyprus
Regulated byFCA,CySEC,ASIC,FSA,FSCA,CBCS
Min Deposit$100
Max Leverage2000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Exness Safe for Malaysia?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Malaysia traders
Always verify Exness's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD0.10 pips$00.10 pips0.10 pips
GBP/USD0.30 pips$00.30 pips0.30 pips
XAU/USD0.15 pips$00.15 pips0.15 pips
S&P5000.50$00.500.50
BTC/USD$50$0$50$50
💼

Account Types for Malaysia Traders

Standard Account
Most Popular
Min Deposit$100
EUR/USD Spreadfrom 0.10 pips
Commission$0
IslamicAvailable
PlatformsMT4, MT5
Pro Account
For Professionals
Min Deposit$200
EUR/USD Spreadfrom 0.10 pips
Commission$0
IslamicAvailable
PlatformsMT4, MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Malaysia tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Malaysia Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Malaysia deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Malaysia Muslim Traders

Exness offers a genuine Islamic swap-free account for Muslim traders in Malaysia, in compliance with Sharia law. This account does not charge or pay overnight swap fees on any positions, making it suitable for those who follow Islamic finance principles. The Islamic account is available on all account types (Standard, Standard Cent, Raw Spread, Zero) and can be requested during registration by selecting 'Islamic Account' or by contacting customer support after account opening. Importantly, Exness does not impose hidden fees or additional charges for using the Islamic account, unlike some brokers that charge administration fees. Malaysia traders can trade all instruments (forex, gold, oil, indices, crypto) without interest. To apply, simply check the 'Islamic Account' box when creating your account or submit a request via the Personal Area.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Malaysia

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available0.10 pips
Gold (XAU/USD)Spot GoldAvailable0.15 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.50
Crypto CFDsBTC, ETH, XRP, SOLAvailable$50
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Malaysia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Malaysia traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Malaysia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Malaysia Review

Fast
Live Chat Response
2-4 hours
Email Response
24/7
Availability
Support verdict for Malaysia
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Malaysia Traders Make with Exness

  • Mistake: Using the wrong account type – Many Malaysia traders open a Standard account when they could benefit from lower spreads on Raw Spread or Zero accounts. Compare your trading volume to choose the best account.
  • Mistake: Ignoring the Islamic account – Muslim traders in Malaysia often forget to request the swap-free account upon registration. This can lead to interest charges on overnight positions, which violates Sharia principles.
  • Mistake: Not verifying the SC Malaysia license – Some Malaysia traders assume all international brokers are safe. Always check Exness's SC Malaysia license on the official SC website to ensure legitimacy.
🔍

Exness vs Competitors in Malaysia

BrokerMin DepositEUR/USDIslamicTradingViewScore
Exness (current)$1000.10 pipsYesNo4.2
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
🔒

Security & Fund Protection — Exness

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Malaysia traders
Exness segregates all client funds and is regulated by top-tier authorities.

Exness User Reviews & Ratings

Trustpilot Rating

4.2
★★★★★
Based on 28,910 reviews
Read on Trustpilot

CompareBroker Expert Rating

4.2
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Exness Latest News & Updates 2026

Platform
July 2026
Exness expands TradingView integration
Exness has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Exness maintains top-tier regulatory status
Exness continues to hold its regulatory licenses, ensuring client fund protection for Malaysia traders.
Product
May 2026
New instruments added for Malaysia traders
Exness has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Exness Worth It for Malaysia Traders?

4.2/5
★★★★★

Exness is a highly recommended broker for Malaysia traders in 2026, especially for those who prioritise local regulation, low costs, and Islamic finance compliance. With SC Malaysia regulation, FPX deposits, and genuine swap-free accounts, Exness addresses key needs of the Malaysia market. The low minimum deposit and high leverage make it accessible for beginners and attractive for experienced traders. However, the lack of copy trading and limited platform choices (no cTrader/TradingView) may be drawbacks for some. Overall, Exness is best for retail forex traders in Malaysia who want a reliable, regulated broker with local payment options and Islamic accounts. It is less suitable for traders who rely heavily on copy trading or advanced platforms like cTrader.

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FAQ — Exness for Malaysia Traders

Is Exness safe for Malaysia traders?+
How can I deposit money in Exness from Malaysia?+
Does Exness have Islamic account?+
What is the minimum deposit for Exness in Malaysia?+
What trading platforms does Exness offer?+
Is Exness regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open Exness Account
Regulated · Malaysia
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score4.2/5
RegulationFCA · CySEC
Min Deposit$100
Max Leverage2000
Founded2008
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
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