AvaTrade has over , active traders on the MT4, MT5, and AvaGo platforms and provides free access to trading tools like Autochartist, Duplitrade, and AvaProtect, its own innovative risk management system. One drawback for Malaysian traders is that none of the website materials are translated into Malay. HotForex is an award-winning, global broker with a reputation for client satisfaction. A well-regulated STP broker, Hotforex offers trading on Forex, metals, indices, stocks, commodities, cryptocurrencies, and bonds. Spreads are tight, commissions are reasonable, and the minimum deposit is low, at 5 USD.
Increasingly popular with Malaysian traders, HotForex has a dedicated Malaysian customer service team, and its website is fully translated into Malay. Furthermore, Hotforex does not charge any withdrawal or deposit fees and allows hedging, scalping, copy trading, and Islamic Swap-Free Accounts.
XM Group XM is a full dealing desk broker which offers floating spreads and suits all kinds of traders. XM offers swap-free Islamic accounts as well as a variety of other account types to suit traders. It is a perfect broker for scalpers, intraday traders as well as long-term traders because of the tight spreads, fast execution times and good analysis software.
XM has a low minimum deposit making this broker accessible for traders just starting out. Spreads are tight on both accounts, with spreads on the Raw Account often down to 0 pips in exchange for a small commission.
- bollinger bands training.
- forex money flow index indicator.
- An insight into the world of Forex trading in Malaysia.
- 100% CREDIT BONUS?
- direct indirect quote forex.
- Best No Deposit Bonus Forex Offers: Top Bonus Revealed - LearnBonds MY.
- forex signals black box!
Both MT4 and MT5 are fully supported and deposits and withdrawals are fast and free. It offers massive leverage of up to , no minimum deposits for new traders, Islamic versions on all accounts and a strong focus on integrity and quality service for its clients. A number of useful tools are also available, including AutoChartist and Trading Central — alongside ZuluTrade and Autotrade for those who prefer social trading — and the MT4 platform is fully supported, with hedging and scalping allowed.
Almost every broker on the market offers a deposit bonus to give new investors an incentive to open a trading account. A standard forex bonus is triggered when a client deposits money and they are then eligible to get the bonus either in a fixed amount or a percentage of the size of the deposit.
TRADE ANYTIME AND ANYWHERE
Some regulators stop Forex brokers from offering incentive bonuses to new clients. The new measures on CFDs will, for the first time, ensure that investors cannot lose more money than they put in, restrict the use of leverage and incentives , and provide understandable risk warnings for investors. This meant that for the first time, European-regulated brokers were not allowed to offer incentives to traders as a part of a marketing strategy.
ESMA, in a Question and Answers pdf — page 59 paper published on 31 March , went further to say that they believe brokers offering incentives are doing so in a way that is not in the best interest of their clients. They say. Especially in light of the above poor practices observed in this sector of the market, ESMA is of the opinion that it is unlikely that a firm offering bonuses that are designed to incentivise retail clients to trade in complex speculative products such as CFDs, binary options and rolling spot forex could demonstrate to its NCA that it is acting honestly, fairly and professionally and in the best interests of its retail clients, taking into account that the nature of the products means that they are not appropriate for a majority of retail clients.
No Deposit Bonus Forex 2021
NCAs should therefore monitor that the practice of offering such bonuses is avoided in relation to these products. This restriction is still in place and applies to all brokerage companies that are regulated by EU entities. These companies will not be allowed to offer bonuses to clients, even if the client maintains residency outside of the EU. This restriction does not apply however to daughter companies which are not regulated within the EU. Bonuses are marketing tools used widely outside of the European Union in order to attract new clients. There is always a catch connected to these bonuses, and clients will need to read the terms and conditions to be sure of the requirements needed in order to be awarded the full bonus amount.
These conditions often require that a client be an active trader for an extended period before becoming eligible to withdraw the bonus, or that the trader engages in a set number of trades before the bonus is released into the trading account. While these conditions will vary from broker to broker, do not expect to be able to use, trade or withdraw the bonus during your initial period with your new broker.
You are safe to assume that this is a little bit of leverage being offered to you without you having to worry about the drastic consequences that arise after making a wrong investment decision. You have to carefully monitor exactly what the brokers are doing because some of them may decide to take back the money and any of the profits that are being generated through the deposit bonus without notifying you.
Read this guide and find the best Malaysian FX brokers now
This is very rare, but just an example that highlights that you should have read all the rules. By providing you with some money to lose with a clear conscience, brokers are effectively enticing you into opening an online trading account. There are certain broker safeguards put in place so that you do not withdraw the deposit before trading a set amount, but other than that I would only encourage a trader to read the rules of when the deposit can be made, and make sure that the no deposit bonus is not the only reason you are signing up with that specific broker.
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.
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 data points on each broker and over 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.
Best Forex Bonuses 2021
Almost finished We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you. This form has double opt in enabled. Invest in Indices on exclusive conditions Spread for DE30 index is from 0. Minimum lot and step are 0. Deposit now.
Trading advantages of RoboForex forex broker No limits in providing outstanding benefits to RoboForex clients. RoboForex Bonus Programs All bonuses and promotions RoboForex provides for its clients best promotional offers on financial markets. Start trading with RoboForex now and unleash the powerful benefits! Account Types All account types. Prime Premium conditions. ProCent For Algo Testing. ECN Clients' Choice. R Trader For Stock Trading. Trading Platforms. RoboForex Trading Platforms.
Exclusive Trading Platforms. Forex We offer transparent and reliale access to trading FX with more than 40 currency pairs. Indices In its most regularly traded format, an index is defined as a portfolio of stocks that represents a particular market or market sector.
Navigation
Soft Commodities Trade ETFs on grown commodities such as coffee, cocoa, sugar, corn, wheat, soybean, fruit. Energies Trade CFDs and commodity ETFs on energy market including oil, natural gas, heating oil, ethanol and purified terephthalic acid. Open Trading Account. RoboForex also compensates its clients' commission for funds withdrawal twice a month. Instant Withdrawals. More than 20 ways to deposit funds. Become an Investor on Forex. For easy short-term investments. RoboForex Market Analytics. Forex Analytics read rss Forex Forecasts Archive. Overview for Economic calendar Full calendar.
Company News read rss News archive. Winner of more than 10 prestigious awards RoboForex was recognized by the most respected experts of the financial industry. More than , clients from countries. Best Investment Products Global