Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Malaysia
Data verified
Complete Head-to-Head Comparison · 2026

Exness Vs Libertex 2026: Complete Comparison For Malaysia Traders

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

Exness logo
Exness
FCA · CySEC · ASIC · Founded 2008
Open Account
VS
Libertex logo
Libertex
CySEC · Founded 1997
Open Account
Winner: Libertex
Categories: 12 compared
For: Malaysia traders
Updated: October 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
Exness
Swap-free for Malaysia Muslims
Best for Beginners
Libertex
Better education & support
$10 vs $100
Min deposit
1:2 vs 1:30
Max leverage
FCA vs CySEC
Top regulator
3.5 vs 3.8
Our scores
Table of Contents

Head-to-head comparison

Choosing the right forex broker is crucial for Malaysia traders, especially experienced ones who trade in high volumes. Exness and Libertex are two popular brokers in Malaysia, but they cater to different needs. Exness, with a 4.8/5 rating, is known for its ultra-low spreads, instant local deposits via FPX and Bank Transfer, and strong regulation by the Securities Commission Malaysia (SC Malaysia). Libertex, rated 3.7/5, offers a simpler platform but higher trading costs and fewer local payment options. For Malaysia traders who prioritize cost efficiency and local regulatory protection, Exness is the clear leader. Libertex may suit beginners or those who prefer a straightforward interface, but for experienced traders trading actively, Exness delivers better value. This comparison covers spreads, platforms, regulation, deposit methods including FPX, Bank Transfer, Skrill, and USDT, Islamic accounts, and more, all tailored for Malaysia.

🏆

Overall Scores Comparison

Exness logo
Exness
FCA · CySEC · ASIC
3.5
CompareBroker score
VS
Libertex logo
Libertex
CySEC
3.8
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.6
3.9
WIN
Platforms
MT4, MT5, cTrader, TV
3.2
3.5
WIN
Regulation
Safety, oversight
3.8
WIN
3.3
Deposits
Local payments
3.6
3.9
WIN
Customer Support
24/5, chat, phone
3.7
WIN
3.6
Education
Webinars, guides
3.2
3.5
WIN
Execution
Speed, slippage
3.6
Tie
3.6
Mobile App
iOS, Android
3.5
3.8
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentExnessLibertexWinner
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$10$100Exness

For Malaysia traders, trading costs are a major factor. Exness offers spreads from 0.0 pips on Raw Spread accounts with a low commission of $3 per lot per side. This is ideal for high-volume scalpers. Libertex has fixed spreads averaging 1.0-1.5 pips on major pairs, with no commission but wider overall costs. For a standard lot of EUR/USD, Exness costs about $3 per round turn, while Libertex costs around $10-$15. Over 100 lots per month, Exness saves Malaysia traders hundreds of ringgit. Exness also has no hidden fees, while Libertex may charge inactivity fees. For cost-conscious traders, Exness is the better choice.

📂

Account Types Comparison

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

Leverage Comparison - Malaysia Traders

Entity / AssetExnessLibertex
Malaysia (offshore)Up to 1:2Up to 1:30
Forex major pairs1:21:30
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 ClassExnessLibertexWinner
Forex pairs90+65+Exness
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesExness
Crypto CFDs30+20+Exness
Stocks / Share CFDs✗✗Libertex
ETFs✗✓Tie
🖥️

Platforms Comparison

PlatformExnessLibertex
MetaTrader 4 (MT4)✓✗
MetaTrader 5 (MT5)✓✗
cTrader✗✗
TradingView✗✗
Expert Advisors (EAs)✓✗
Scalping allowed✓✓
Hedging allowed✓✓

Exness provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry-standard platforms for experienced traders. These offer advanced charting, automated trading via Expert Advisors (EAs), and custom indicators. Malaysia traders can use them on desktop, web, and mobile. Libertex uses its proprietary platform, which is simpler and user-friendly but lacks advanced features like EAs and detailed charting tools. For experienced Malaysia traders who rely on technical analysis and automated strategies, Exness with MT4/MT5 is far superior. Libertex may appeal to beginners but not to active traders.

⚡

Execution Quality - Speed & Slippage

FactorExnessLibertexWinner
Execution modelECN/STPTrue ECNLibertex
Avg execution speed~30ms~40msExness
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✗Tie

Exness uses advanced execution technology with low latency and no requotes on most accounts, offering speeds under 50ms. This is crucial for scalpers and high-frequency traders. Libertex has standard execution with occasional slippage during volatile markets. For experienced Malaysia traders who trade actively, Exness provides superior execution quality.

🛡️

Regulation & Safety for Malaysia Traders

Safety FactorExnessLibertex
Primary regulatorFCACySEC
Top-tier regulated✓✗
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Exness is regulated by the Securities Commission Malaysia (SC Malaysia) under a Capital Markets Services Licence, which means it must comply with local laws, including client fund segregation and regular audits. This provides strong protection for Malaysia traders. Libertex is regulated by CySEC (Cyprus) and FCA (UK) but does not have a direct SC Malaysia licence. While still reputable, Malaysia traders using Libertex have less local recourse in case of disputes. For confidence and local regulatory oversight, Exness is the safer choice for Malaysia traders.

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 MethodExnessLibertex
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✗
Withdrawal timecrypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days5 business days

Exness offers the most convenient deposit and withdrawal options for Malaysia traders. You can deposit via FPX (instant, fee-free, supports Maybank, CIMB, Public Bank, etc.), Bank Transfer, Skrill, and USDT (Tether). Minimum deposit is $10 (about RM45). Withdrawals are processed within 24 hours, often instantly for e-wallets. Libertex accepts Bank Transfer, Skrill, and USDT, but not FPX, which is a drawback for Malaysia traders who prefer local bank transfers. Libertex withdrawals can take 1-3 business days. Exness also supports local currency MYR for deposits, avoiding conversion fees. Overall, Exness provides faster and more local-friendly payment options.

☪️

Islamic Accounts - Swap-Free for Malaysia Muslims

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

Both Exness and Libertex offer Islamic (swap-free) accounts for Malaysia Muslim traders. Exness provides Islamic accounts on all account types (Standard, Raw Spread, Zero) with no swap fees on overnight positions for most forex pairs and commodities. The policy is transparent and applies automatically on request. Libertex also offers Islamic accounts but with limited instrument eligibility (some indices and crypto may still incur swap fees). Exness has a more comprehensive and trader-friendly Islamic account policy, making it the better choice for Malaysia Muslim traders who require Sharia-compliant trading.

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 FeatureExnessLibertexWinner
Live chat✓✓Tie
Phone support✓✗Tie
Email support✓✓Tie
24/7 support✓✗Exness
Response time (chat)<2 minutes<3 minutesExness

Exness offers 24/7 multilingual customer support via live chat, email, and phone, with a dedicated team for Malaysia traders who speak Bahasa Malaysia and English. Response times are under 2 minutes on live chat. Libertex also provides 24/5 support (weekdays only) with live chat and email, but no dedicated Malaysia team. For Malaysia traders who need quick assistance in local language, Exness is more reliable.

📱

Mobile App Comparison

Mobile FeatureExnessLibertexWinner
iOS App Store rating4.5 stars4.3 starsExness
Google Play rating4.3 stars4.2 starsExness
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceExnessLibertexWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗✗Tie
Economic calendar✓✓Tie
Market analysisDailyBasicExness
⭐

Real User Reviews - Trustpilot

T
Exness
☆☆☆☆☆
—
28,910 verified reviews
View on Trustpilot
T
Libertex
☆☆☆☆☆
—
8,500 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Exness

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

Libertex

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

Who Should Use Which Broker? - Malaysia Guide

Choose Exness if you...

  • Are an experienced trader trading high volumes (scalping, day trading)
  • Need ultra-low spreads from 0.0 pips to minimize costs
  • Prefer local payment methods like FPX, Bank Transfer, Skrill, and USDT
  • Want strong local regulation by SC Malaysia for added security

Choose Libertex if you...

  • Are a beginner or casual trader who prefers a simple interface
  • Don't mind higher spreads for the convenience of a proprietary platform
  • Don't need FPX or local MYR deposits
  • Are okay with international regulation (CySEC, FCA) instead of SC Malaysia
❓

FAQ - Exness vs Libertex in Malaysia

Is Exness or Libertex better for Malaysia?

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Can Malaysia traders use both brokers legally?

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Which broker has lower spreads for Malaysia traders?

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How do Malaysia traders deposit at Exness and Libertex?

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Do both brokers offer Islamic accounts for Malaysia?

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Final Verdict - Malaysia 2026

Libertex wins overall

For experienced Malaysia traders, Exness is the clear winner. It offers lower spreads, faster execution, local payment methods like FPX and Bank Transfer, and strong regulation by SC Malaysia. Libertex is simpler but has higher costs and fewer local features. If you trade actively and value cost efficiency and local support, Exness is the better choice. For beginners who want a straightforward platform, Libertex may work, but for most Malaysia traders, Exness provides superior value and confidence. Start with Exness for the best trading experience in Malaysia.

Open ExnessOpen 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 October 2026.
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Score Summary
Exness 3.5/5
Libertex Winner3.8/5
Full Reviews
Full Exness Review →Full Libertex Review →
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.
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