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Metatrader 4 (MT4) is the most commonly used Forex trading platform and is supported by the vast majority of brokers. While there is now a newer version, MT5, MT4 is still widely recognised for its trade execution speeds, charting tools, customizability and overall brilliance. 

To test these brokers, we downloaded and connected the platform with our trading accounts. Setting up MT4 can be a challenge, so we engaged with customer service to create a customised dashboard featuring indicators and advanced charts and started trading to test execution speeds and slippage. Where possible, we downloaded EAs from the broker to test the social trading functionality of the platform and broker combination.  These are the best MT4 brokers in Malaysia for 2021, according to our testing and our research.

English

Best MT4 Forex Brokers 2021

Last updated on 10 May 2021
Updated 10 May 2021
by Editorial Director Jeffrey Cammackby Jeffrey Cammack
Jeffrey Cammack
All Brokers Regulated
All Brokers Regulated
by Trusted Authoritiesby Trusted Authorities
Trusted
1
FXTM
Min. Deposit
USD 10
4.374.37
Min. Spread
0 pips
Trading Platforms
Fx Pairs
59
Overall Rating
11110.54.37/ 5
AlertAccepts Malaysian Clients. Minimum spread EUR/USD 1.50 pips on trading account with lowest minimum deposit. Islamic account available. MT4 & MT5 platforms supported. Leverage offered can vary depending on country of residence, and your trading knowledge and experience. FXTM is regulated by CySEC, FCA, FSCA, and the FSC.
2
OctaFX
Min. Deposit
USD 50
3.603.60
Min. Spread
0 pips
Trading Platforms
Fx Pairs
28
Overall Rating
1110.503.60/ 5
AlertAccepts Malaysian Clients. Average spread EUR/USD 1.10 pips on trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4 & MT5 and cTrader platforms supported. OctaFX is regulated by CySEC.
3
BDSwiss
Min. Deposit
USD 100
4.324.32
Min. Spread
1.40 pips
Trading Platforms
Fx Pairs
50+
Overall Rating
11110.54.32/ 5
AlertAccepts Malaysian Clients. Average spread EUR/USD 1.50 pips on trading account with lowest minimum deposit. Max leverage 400:1. Islamic account available. MT4 & MT5 platforms supported. BDSwiss is regulated by CySEC, FSC, and the FSA-Seychelles.
4
Oanda
Min. Deposit
USD 5
4.174.17
Min. Spread
1 pips
Trading Platforms
Fx Pairs
38
Overall Rating
11110.54.17/ 5
AlertAccepts Malaysian Clients. Average spread EUR/USD 1 pips on the trading account with lowest minimum deposit. Islamic account available. MT4 platform supported. Oanda is regulated by the FCA, MAS and ASIC.
5
AvaTrade
Min. Deposit
USD 100
4.484.48
Min. Spread
0.90 pips
Trading Platforms
Fx Pairs
50+
Overall Rating
11110.54.48/ 5
AlertAccepts Malaysian Clients. Spreads start at 0.90 pips on theEUR/USD on trading account with lowest minimum deposit. Max leverage 400:1. Islamic account available. MT4 & MT5 platforms supported. AvaTrade Group regulated by ASIC, FSCA, B.V.I FSC & FSA.
6
Pepperstone
Min. Deposit
USD 5
4.614.61
Min. Spread
0.01 pips
Trading Platforms
Fx Pairs
80+
Overall Rating
11110.54.61/ 5
AlertAccepts Malaysian Clients. Average spread EUR/USD 0.09 pips with 7 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4, MT5 & cTrader platforms supported. Pepperstone is regulated by the FCA, ASIC, and CySEC.
7
IG Markets
Min. Deposit
USD 250
4.694.69
Min. Spread
0.60 pips
Trading Platforms
Fx Pairs
93
Overall Rating
11110.54.69/ 5
AlertAccepts Malaysian Clients. Average spread EUR/USD 0.60 pips on trading account with lowest minimum deposit. Max leverage 200:1. Islamic account available. MT4, ProRealTime and L2 Dealer platforms supported. IG Markets Group is regulated by FCA, ASIC, and the FSCA.
8
HotForex
Min. Deposit
USD 5
4.494.49
Min. Spread
0 pips
Trading Platforms
Fx Pairs
51
Overall Rating
11110.54.49/ 5
AlertAccepts Malaysian Clients. Average spread EUR/USD 1 pips on trading account with lowest minimum deposit. Max leverage 1000:1. Islamic account available. MT4 & MT5 platforms supported. HF Markets Group regulated by the FSCA, FCA, FSC, CySEC and the DFSA.
9
XM
Min. Deposit
USD 5
4.384.38
Min. Spread
0.60 pips
Trading Platforms
Fx Pairs
57
Overall Rating
11110.54.38/ 5
AlertAccepts Malaysian Clients. Average spread EUR/USD 1.60 pips on trading account with lowest minimum deposit. Max leverage 888:1. Islamic account available. MT4 & MT5 platforms supported. XM Group regulated by CySEC, ASIC, and the IFSC.
10
Axitrader
Min. Deposit
USD 5
4.344.34
Min. Spread
0 pips
Trading Platforms
Fx Pairs
80+
Overall Rating
11110.54.34/ 5
AlertAccepts Malaysian Clients. Average spread EUR/USD 1.20 pips on trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4 & MT5 platforms supported. Axi Group is regulated by the FCA, ASIC and the DFSA
11
IC Markets
Min. Deposit
USD 200
4.464.46
Min. Spread
0.10 pips
Trading Platforms
Fx Pairs
60
Overall Rating
11110.54.46/ 5
AlertAccepts Malaysian Clients. Average spread EUR/USD 0.10 pips on trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4, MT5 & cTrader platforms supported. IC Markets is regulated by CySEC and ASIC.

How to compare MT4 Brokers

When setting up a trading account, it is common for a broker to support various trading platforms. As you compare brokers, it is important to pay special attention to factors that set these MT4 accounts apart from the accounts offered connected with other trading platforms. To compare MT4 Forex brokers, we need to consider the following:

MT4 account types: While a broker will support MT4, brokers often have multiple account types, and it could be that not all account types will allow you to trade using the MT4 platform. If you intend to use MT4, verify the account that best suits you also supports MT4. 

MT4 trade execution and conditions: Be sure to check the trading conditions of your MT4 account. The trade execution method, speed of execution, and the trading costs of your trade can all be impacted by the platform and account combination. As you choose your MT4 account, be sure to verify the conditions against what was advertised.

MT4 tools and plugins: The occasional broker offers plugins and tools for the platform. Axi offers Psyquation and Autochartist to clients for free, while Admirals, through cooperation with MetaQuotes, built MT4 Supreme Edition. These additions to the platform change the trading experience and add additional benefits to the trading platform.

MT4 support: Setting up a trading platform like MT4 can take time to install and customize. Select brokers will offer their assistance, which can be helpful for beginners. Be aware that some brokers have limited customer service hours, especially on weekends, so finding a broker whose customer service hours suit you. 


🏆 FXTM – Best MT4 Broker in Malaysia

FXTM is the best MT4 broker in Malaysia and provides both standard and ECN accounts on MT4. FXTM offers a Cent Account on MT4 with a minimum deposit of 10 USD and spreads starting at 1.5 pips. This is the ideal entry-level account into live market conditions on MT4, as new traders can learn how to use MT4’s advanced automation features like scripts, EA’s, and indicators.

FXTM Invest Copy trading scheme is one of the best in the industry and is also available on the MT4 platform. Traders unfamiliar with the MT4 can find more experienced strategy managers whose risk profile matches their own and copy their trades. FXTM also offers weekend support, ideal for non-professional traders who want to get their MT4 platform set up over the weekend.

Pros
  • Good for beginners
  • Excellent education
  • Well regulated
  • Low minimum deposit
Cons
  • Expensive withdrawals
AlertAccepts Malaysian Clients. Minimum spread EUR/USD 1.50 pips on trading account with lowest minimum deposit. Islamic account available. MT4 & MT5 platforms supported. Leverage offered can vary depending on country of residence, and your trading knowledge and experience. FXTM is regulated by CySEC, FCA, FSCA, and the FSC.

🏆OctaFX – Best CopyTrading on MT4

OctaFX is a client-focused, international broker with a reliable, low-cost MT4 account and one of the easiest-to-use copy trading services in the industry. The MT4 account at OctaFX starting requires a minimum deposit of 50 USD, and no commission is charged on trades. An Islamic swap-free account is available for all MT4 account types.

OctaFX also offers a copy trading function free for all accounts, allowing beginners to copy experienced, successful traders for a small fee per traded lot. This function is also available through the mobile app along with free, well-presented trader education for beginners.

Pros
  • Great platform choice
  • Fast and free withdrawals
  • Copy trading accounts
Cons
  • Limited education
  • Restrictive account types
AlertAccepts Malaysian Clients. Average spread EUR/USD 1.10 pips on trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4 & MT5 and cTrader platforms supported. OctaFX is regulated by CySEC.

🏆BDSwiss – Best MT4 Tools and Analysis

BDSwiss has taken the MT4 platform and optimised it with BDSwiss’ advanced technology to create a user-friendly trading interface designed to support traders of all levels. MT4 traders will benefit greatly from BDSwiss’ collection of MT4 trading tools and market-leading research for traders of all experience levels. 

BDSwiss offers MT4 account types suitable for beginners and more experienced traders, including a Raw Account with spreads down to 0 pips. All accounts benefit from fast execution speeds, with 97.5% of all trades executed in less than 0.2 seconds.

Pros
  • Tight spreads
  • Good for beginners
  • Wide range of assets
Cons
  • Expensive withdrawals
AlertAccepts Malaysian Clients. Average spread EUR/USD 1.50 pips on trading account with lowest minimum deposit. Max leverage 400:1. Islamic account available. MT4 & MT5 platforms supported. BDSwiss is regulated by CySEC, FSC, and the FSA-Seychelles.

OANDA – Most Trusted MT4 Broker

OANDA is an American multi-service financial company offering Forex data services for institutions and retail CFD trading on the MT4 platform. Regulated by no less than 7 top-tier national regulators – including the Monetary Authority of Singapore and the Japanese Financial Services Agency – OANDA is trusted across the world.

OANDA offers three accounts on the MT4 platform, including a zero-commission Islamic account and a Core Account with tight spreads. Spreads are on the flagship Standard Account start at 1 pip on the EUR/USD. All three accounts feature hedging, scalping and automated trading. OANDA offers a range of tools for MT4, including free access to Autochartist and the OANDA Connect app, which provides direct access to Dow Jones market analysis and market news sentiment.

Pros
  • Well regulated
  • Tight spreads
  • Low minimum deposit
  • Good for beginners
Cons
  • MT4 only
AlertAccepts Malaysian Clients. Average spread EUR/USD 1 pips on the trading account with lowest minimum deposit. Islamic account available. MT4 platform supported. Oanda is regulated by the FCA, MAS and ASIC.

🏆AvaTrade – Best Commission-Free MT4 Account

AvaTrade is a globally renowned market maker with the best commission-free trading conditions available on the MT4 platform. AvaTrade MT4 offers low spreads across Forex, commodities, and a range of other CFDs. Max leverage is 1:30, and spreads are very tight for a 100 USD minimum deposit and no commission – as low as 0.7 pips on the EUR/USD.

AvaTrade supports all native features of MT4, such as nine timeframes, EA functionality and 30 built-in indicators. AvaTrade also has the Guardian Angel system. This personalised trading feedback tool helps traders refine their decision-making and includes support for automated trading platforms like ZuluTrade and DupliTrade and free Trading Central for all MT4 clients.

Pros
  • Good for beginners
  • Well regulated
  • Low minimum deposit
Cons
  • Dealing desk
  • Limited market analysis
AlertAccepts Malaysian Clients. Spreads start at 0.90 pips on theEUR/USD on trading account with lowest minimum deposit. Max leverage 400:1. Islamic account available. MT4 & MT5 platforms supported. AvaTrade Group regulated by ASIC, FSCA, B.V.I FSC & FSA.

🏆Pepperstone – Best MT4 Broker with ECN Execution

A world-renowned Australian broker, Pepperstone offers MT4 support, ASIC regulation and two simple accounts with ECN execution. Most orders are executed in less than 30 milliseconds, ideal for scalpers and clients who run MT4’s expert advisors. The Standard MT4 Account is commission-free, and the average spread on the EUR/USD is 1.09 pips. The Razor MT4 Account charges a 7 USD round turn commission, but the average spread on the EUR/USD is 0.09 pips – about as close as traders can get to zero spread as possible.

The Pepperstone MT4 trading experience comes with live quotes, real-time charts, in-depth news, and analytics. Pepperstone also offers a package of Smart Trader Tools for MT4, a suite of 28 expert advisors and indicators to improve trade execution and management. Also, all MT4 users will get access to Autochartist – a powerful pattern recognition plugin that automatically identifies trading opportunities based on price trends.

Pros
  • Well regulated
  • Tight spreads
  • Great platform choice
  • Wide range of assets
Cons
    AlertAccepts Malaysian Clients. Average spread EUR/USD 0.09 pips with 7 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4, MT5 & cTrader platforms supported. Pepperstone is regulated by the FCA, ASIC, and CySEC.

    🏆IG Markets – Best Regulated MT4 Broker

    IG Markets is possibly the best regulated and most trusted MT4 broker in the world. Regulated by ten national authorities, including the FSCA, FCA, ASIC, MAS, and FINMA, IG Markets is also publicly traded on the London Stock Exchange and has a full banking license. IG Markets offers tight spreads, full MT4 support, and excellent education and market analysis.

    IG Market’s version of MT4 takes the platform to another level with its package of free add-ons and indicators. Highlights include a Trade Terminal, Stealth Orders, a Correlation Matrix as well as a dozen indicators. Also, all IG clients get access to Autochartist for free. This powerful automated technical analysis tool scans the markets for opportunities that you may have missed. All these features are available with tight spreads, with the EUR/USD averaging 0.86 pips but sometimes as low as 0.6 pips, and commission-free trading.

    Pros
    • Well regulated
    • Tight spreads
    • Great platform choice
    • Excellent education
    • Excellent market analysis
    Cons
    • High minimum deposit
    AlertAccepts Malaysian Clients. Average spread EUR/USD 0.60 pips on trading account with lowest minimum deposit. Max leverage 200:1. Islamic account available. MT4, ProRealTime and L2 Dealer platforms supported. IG Markets Group is regulated by FCA, ASIC, and the FSCA.

    🏆HotForex – Best STP Broker on MT4

    HotForex is a well-regulated broker with lightning-fast STP execution on all six different accounts on the MT4 platform. The minimum deposit on the Micro Account is exceptionally low, at 5 USD and spreads start at 1.2 pips on the EUR/USD. For beginners, HotForex offers unlimited demo versions of all its MT4 account types. For those that prefer ECN trading on MT4, the HotForex Zero Spread Account offers spreads down to 0 pips for a 200 USD minimum deposit.

    HotForex supports MT4 via every method, including the MT4 MultiTerminal, which allows traders to manage multiple MT4 accounts from a single platform. MT4 is also available via web, desktop, and Android and iOS apps. Trading tools available include free Autochartist, VPS services and the HFCopy copy trading service. For MT4 traders who want fast STP execution, it is difficult to recommend another broker.

    Pros
    • Low minimum deposit
    • Tight spreads
    • Well regulated
    • Good range of accounts
    Cons
    • Limited base currencies
    AlertAccepts Malaysian Clients. Average spread EUR/USD 1 pips on trading account with lowest minimum deposit. Max leverage 1000:1. Islamic account available. MT4 & MT5 platforms supported. HF Markets Group regulated by the FSCA, FCA, FSC, CySEC and the DFSA.

    🏆XM – Best MT4 Education

    An FCA regulated market-maker with tight spreads over three simple account types, XM stands out from a crowded field of MT4 brokers for its educational support and customer service. XM’s MT4 video tutorials guide new traders through all the important features of XM’s MT4 platform. Tutorials cover everything from opening a trading account to understanding pending orders and backtesting Expert Advisors.

    All MT4 accounts have a max leverage 1:30, negative balance protection, and minimum deposits start from 5 GBP. XM MT4 spreads are as low as 0.6 pips, and 99.35% of all trades are executed in less than 1 second. XM also has a strict no-requotes/rejection policy, which means that all trades are always filled at the price expected. MT4 users will be able to trade Forex, stock indices, precious metals, and energies.

    Pros
    • Well regulated
    • Excellent education
    • Wide range of assets
    • Fast and free withdrawals
    Cons
    • Dealing desk
    AlertAccepts Malaysian Clients. Average spread EUR/USD 1.60 pips on trading account with lowest minimum deposit. Max leverage 888:1. Islamic account available. MT4 & MT5 platforms supported. XM Group regulated by CySEC, ASIC, and the IFSC.

    🏆Axi – Best MT4 Customisation

    Built by traders, for traders, Axi is an Australian ASIC and FCA regulated ECN broker with full MT4 support, great trading tools, and excellent customisation options. By only supporting the MT4 platform, Axi offers the most customisable MT4 experience in the world. Axi offers a range of tools for MT4, but one of the highlights is its MT4 NexGen plugin.

    MT4 NexGen offers a sentiment indicator, a correlation trader, a more intuitive terminal window, and an automated trade journal. Apart from MT4 NexGen, traders at Axi have access to a range of tools. These include AutoChartist, the powerful automated technical analysis tool, and PsyQuation, an AI diagnostic that tracks your trading style and coaches you into more profitable trades. VPS hosting is also available, along with various trading algorithms to install on your MT4.

    Pros
    • Low minimum deposit
    • Wide range of assets
    • Well regulated
    • Tight spreads
    Cons
    • Poor customer service
    • Limited demo account
    AlertAccepts Malaysian Clients. Average spread EUR/USD 1.20 pips on trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4 & MT5 platforms supported. Axi Group is regulated by the FCA, ASIC and the DFSA

    🏆IC Markets – Best MT4 for Beginners

    IC Markets is rare amongst ECN MT4 brokers, as it provides a welcoming environment for beginner traders. IC Markets offers an archive of structured course material, detailed independent market analysis, and expert-led webinars. IC Markets also provides excellent 24/7 technical support for the MT4 platform and more general queries.

    IC Markets offers two Raw Spread Accounts and a Standard Account, all with variable spreads, on the MT4 platform. The Raw Spread Accounts charge a small commission of 3.50 USD, but spreads are often down to 0 pips, averaging 0.1 pips on the EUR/USD pair. The Standard Account charges no commission but spreads start at 1 pip. IC Markets pricing relies on 25 different liquidity providers ensuring deep liquidity and the lowest spreads in the industry.

    Pros
    • Well regulated
    • Tight spreads
    • Wide range of assets
    • Great platform choice
    Cons
    • High minimum deposit
    • Limited market analysis
    AlertAccepts Malaysian Clients. Average spread EUR/USD 0.10 pips on trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4, MT5 & cTrader platforms supported. IC Markets is regulated by CySEC and ASIC.

    What is MetaTrader 4 (MT4)?

    MT4 Brokers

    MT4 is the most popular Forex trading platform in the world and has been for the last fifteen years. The launch of MT4 in 2005 changed the retail Forex industry almost overnight. It offered retail Forex traders an institutional-grade tool: Anyone with an internet connection was now on equal footing with professional Forex traders. 15 years later, MT4 is still the industry standard for several reasons:

    1. MT4 is the lowest-latency and a highly customisable trading platform, complete with a cutting-edge charting suite offering market charts overlaid with indicators from MT4’s library. 
    2. MT4 allows users to build or buy expert advisors (EAs), indicators, and other algorithmic trading tools using MQL4. 
    3. MT4’s algorithms and customisable charts allow retail traders to analyse market movements with precision and speed. Trades can then be made in an instant due to the platform’s execution speed.
    4. MT4 is available on mobile, tablet, in a web browser and as a downloadable application.

    This versatility makes MT4 the world’s leading trading platform.

    MT4 Pros and Cons

    Before you decide on whether to use an MT4 broker we need to look at the advantages and disadvantages of the MT4 platform.

    Pros

    • Customisable layout provides a stable and personalised trading experience.
    • Advanced charting allows traders to combine technical analysis and trade management from within the chart view.
    • One-click trading. In fast-moving markets, traders can execute trading decisions quickly.
    • The lowest-latency platform available. Trade execution speeds will also depend on internet connection speed.
    • Built-in scripting tools allow users to build or buy expert advisors (EAs), indicators and other algorithmic trading tools.
    • Over 2000 free indicators available in the MetaTrader Code Hub.
    • Traders can move between brokers without losing any customised changes to the platform. MT4 can also support multiple brokers and multiple accounts from the same broker.
    • Social trading integration, available with a free subscription. Trading signals let you to automatically copy the trades of other traders.
    • High secure. all information between client and server is 128-bit encrypted, and it also supports RSA Digital Signatures.
    • Widespread Use. Most brokers will offer it, and it is well supported. If you have a question, someone will have answered it – if you have a problem, someone will have solved it.
    • MT4 runs smoothly on all modern computers and is happy even on old systems.

     Cons

    • It is old. It looks like a program from 2005. If you want a trading platform that looks nice this is not your platform
    • It lacks native integration of news and economic data, though this can be added via plugins.  
    • While MT4 can run on Macs with a few tweaks, it will only run on Mac OS versions prior to Catalina (version 10.15, released in 2019).

    MAC OS Catalina only supports 64bit applications and as MT4 is a 32bit application, it is not compatible. For earlier versions of Mac OS, the safest way of getting MT4 to run is to install a Windows emulator called Wine (a tool for Unix-based systems to run an application developed for Windows) along with fonts and the graphical interface. Wine is a great tool, but not necessarily the most stable and your experience can suffer as a result.

    Should I use MT4?

    If you are just starting your trading career you should consider moving straight to MT5 or cTrader instead. But, if you have been using MT4 and you are happy with it then keep on using it.

    MT4 is old, and MetaQuotes is actively trying to get Forex brokers to switch to MT5. MT4 is still the industry standard, but it will eventually be replaced. MT5 and cTrader also have more built-in functionality and have a more modern, cleaner layout.

    But if you have been using MT4 for some time, then your version is probably heavily customised. Algos built for MT4 will not function in MT5 or cTrader, so any customisations you have made will be lost.

    MT4 will eventually be replaced, but its popularity means that is not going to happen anytime soon. But if you want to move to a more modern platform, or you are just starting out then you should check out MT5 or cTrader.

    What is the difference between MT4 and MT5?

    The significant change is that MT5 has native support for shares, futures, and commodity trading, whereas MT4 does not. MT5 also has a new scripting language, MQL5, which allows for more rigorous backtesting of algorithms and more advanced trading robots. It is important to note that trading algorithms built for MT4 will not run in MT5 (and vice versa) due to the incompatibility of their scripting languages.

    MT5 also boasts a cleaner interface and comes with an integrated news feed and more charting capabilities. Additionally, MT5 is finally seeing serious support from the industry, with some brokers abandoning MT4 in favour of the newer version.

    MT4 Broker Guide

    If you are sure you want to use MT4, you need to find a broker. There are many ways to compare brokers, depending on what is important to you as a trader. These are a selection of brokers broken down by trading costs, customer support, and education material, including features relevant to each area.

    MT4 brokers with the best trading conditions

    Each broker will have different trading conditions. Trading conditions include the assets available to trade, if negative balance protection is available, and the total cost of trading. The cost of trading is the sum of the cost of the spread and the commission. If you are looking for the lowest trading costs at an MT4 broker, these are the top 5 regulated MT4 brokers with the lowest cost of trading.

    Scroll for more detailsPreviousNext
    Overall Rating
    Min. Deposit
    Regulators
    Cost of Trading
    Trading Commission
    Compare
    Official Site
    4.24 /5
    Read Review
    USD 25
    USD 5
    1.8 - 3 USD per lot
    Visit Broker >
    Your capital is at risk
    4.00 /5
    Read Review
    USD 5
    USD 6
    6 USD / lot
    Visit Broker >
    Your capital is at risk
    4.69 /5
    Read Review
    USD 250
    USD 6
    Fees Included in Spread
    Visit Broker >
    Your capital is at risk
    4.39 /5
    Read Review
    USD 250
    USD 6
    Fees Included in Spread
    Visit Broker >
    Your capital is at risk
    4.12 /5
    Read Review
    USD 100
    USD 6
    4 USD / lot - Pro Account
    Visit Broker >
    Your capital is at risk

    MT4 brokers with the best customer support

    Because setting up a trading platform like MT4 can take time for beginners to install and customize, brokers offer a variety of customer service options to get you started. Better customer support means brokers will have various contact methods, including local phone numbers and extended opening hours, including help on the weekend. Brokers should also have customer service agents who speak the languages of their client base. If you want a broker with leading client support, these are the best MT4 brokers by customer service in Malaysia. 

    Scroll for more detailsPreviousNext
    Overall Rating
    Min. Deposit
    Support Hours
    Regulators
    Compare
    Official Site
    4.37 /5
    Read Review
    USD 10
    24/7
    Visit Broker >
    Your capital is at risk
    4.61 /5
    Read Review
    USD 5
    24/7
    Visit Broker >
    Your capital is at risk
    4.49 /5
    Read Review
    USD 5
    24/5
    Visit Broker >
    Your capital is at risk
    4.46 /5
    Read Review
    USD 200
    24/7
    Visit Broker >
    Your capital is at risk
    4.32 /5
    Read Review
    USD 100
    24/5
    Visit Broker >
    Your capital is at risk

    MT4 Brokers with best education material 

    Broker education will vary considerably. Better brokers will offer beginners and experienced traders courses, coupled with webinars that allow interactive learning. A printable ebook is valuable for those who want to learn on paper and away from a keyboard. These are the MT4 brokers the best educational offering in the industry and ordered by their education score.

    Scroll for more detailsPreviousNext
    Overall Rating
    Regulators
    Beginner Friendly
    Beginner Course
    Experienced Course
    Webinars
    Printable Ebook
    Unlimited Demo
    Support Hours
    Min. Deposit
    Compare
    Official Site
    4.24 /5
    Read Review
    Excellent
    Business Hours
    USD 25
    Visit Broker >
    Your capital is at risk
    4.48 /5
    Read Review
    Excellent
    24/5
    USD 100
    Visit Broker >
    Your capital is at risk
    4.32 /5
    Read Review
    Excellent
    24/5
    USD 100
    Visit Broker >
    Your capital is at risk
    4.69 /5
    Read Review
    Excellent
    24/5
    USD 5
    Visit Broker >
    Your capital is at risk
    4.37 /5
    Read Review
    Excellent
    24/7
    USD 10
    Visit Broker >
    Your capital is at risk

    Conclusion

    MetaTrader 4 is central for so many traders in their development towards becoming professional traders. It will be here for many years to come and will continue to help new traders launch a trading career. If you’re trying to get the most out of your charts and focus without the distraction of fancy tools, then it remains a candidate to satisfy 90% of all your trading needs.

    Forex Risk Disclaimer

    Trading Forex and CFDs is not suitable for all investors as it carries a high degree of risk to your capital: 75-90% of retail investors lose money trading these products. 

    Forex and CFD transactions involve high risk due to the following factors: Over-leveraging, unpredictable market volatility, slippage arising from a lack of liquidity, inadequate trading knowledge or experience, and a lack of regulatory protection for clients.

    Traders should not deposit any money that is not disposable. Regardless of how much research you have done, or how confident you are in your trade, there is always a substantial risk of loss. (Learn more from the FCA or from ASIC)

    Our Methodology

    Our State of the Market Report and Broker Directory are the result of extensive research on over 100 Forex brokers. The explicit goal of these resources is to help traders find the best Malaysian Forex brokers – and steer them away from the worst ones – with the benefit of accurate and up-to-date information.

    With over 150 data points on each broker and over 3000 hours of research and review writing, we believe we have succeeded in our goal. 

    In a world where trading conditions and customer support can vary based on where you live, our broker reviews focus on the local trader and give you information about these brokers from a Malaysian perspective.

    All research has been conducted by our in-house team of researchers and writers, gathering information from various company representatives, websites and by sifting through the fine print. Learn more about how we rank brokers

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    Featured Brokers

    Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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