Malaysia · Interbank rail
FPX forex: the Malaysian default rail.
FPX is Malaysia's interbank payment rail — virtually every Malaysian bank participates, and 78% of Malaysians use it. A broker without FPX integration in Malaysia is not really competing for retail share.
Deposit time
<5 minutes
Withdrawal time
<30 minutes
Min / Max
$10 / RM45 / RM30,000
Brokers supporting
31
Verified support
All brokers6 brokers take FPX.
1EX
ExnessFeatured
EUR/USD 0.1 · $10 min · 1:2000
93
FCACySEC
2HF
HFM
EUR/USD 0.3 · $0 min · 1:1000
85
FCACySEC
3FX
FXTM
EUR/USD 0.4 · $10 min · 1:1000
82
FCACySEC
4OC
OctaFXFeatured
EUR/USD 0.2 · $25 min · 1:500
82
CySECFSCA
5XM
XM Group
EUR/USD 0.6 · $5 min · 1:1000
82
CySECASIC
6FB
FBS
EUR/USD 0.5 · $1 min · 1:3000
74
CySECIFSC
| # | Broker | Trust | EUR/USD | Min dep. | Leverage | Regulators | 30d | |
|---|---|---|---|---|---|---|---|---|
| 1 | EX ExnessFeatured Est. 2008 · MT4 | 93 | 0.1 | |||||
| 2 | HF HFM Est. 2010 · MT4 | 85 | 0.3 | |||||
| 3 | FX FXTM Est. 2011 · MT4 | 82 | 0.4 | |||||
| 4 | OC OctaFXFeatured Est. 2011 · MT4 | 82 | 0.2 | |||||
| 5 | XM XM Group Est. 2009 · MT4 | 82 | 0.6 | |||||
| 6 | FB FBS Est. 2009 · MT4 | 74 | 0.5 |
The mechanics, briefly.
Best for
Malaysian retail, all account sizes
Min amount
$10 / RM45
Max amount
RM30,000/day (bank dependent)
Fees
RM1 per transaction (some brokers absorb)