Forex brokers with FPX in Malaysia
How Malaysia traders fund a forex account with FPX (MYR), which brokers accept it, and the bonuses you can claim — with the regulatory reality up front.
Last updated 28 July 2026 · Reviewed by Tim Morris
Using FPX to fund a forex account
FPX is among the methods Malaysia traders use to move money in MYR. To fund a broker, you open the cashier, choose FPX, and authorise the transfer; the broker converts it to your account currency (often USD) at its rate. Withdrawals usually return to the same method. Confirm the broker lists FPX, and check any conversion or processing fees before you deposit.
Bonuses you can claim from Malaysia
Offered through brokers' offshore entities. Shown for information — review the regulatory note above before funding any account.
cashback bonus
Cashback — AMarkets returns part of the spread; the amount depends on trading volume (per-lot rebate)
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
Double Your Capital — 100% credit bonus (max $5,000)
The bonus itself isn’t withdrawable — you trade with it and keep the profits you make.
- Min deposit
- $100
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
20% trading bonus on your deposit ('Switch your broker' — requires a prior live-trading statement from another broker; max $5,000)
The bonus itself isn’t withdrawable — you trade with it and keep the profits you make.
- Min deposit
- $100
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
Malaysia payment methods
- FPX
- Bank transfer
- DuitNow
- Touch 'n Go eWallet
- GrabPay
- Boost
Is forex trading legal in Malaysia?
BNM treats dealing in foreign currency with anyone who is not a licensed onshore bank or approved person as an 'illegal foreign exchange trading scheme,' and the SC maintains an Investor Alert List of unauthorised forex/CFD brokers. Full Malaysia guide: legality, tax & bonuses →
Frequently asked questions
› Can I deposit with FPX at a forex broker from Malaysia?
Brokers serving Malaysia commonly accept FPX, Bank transfer, DuitNow, Touch 'n Go eWallet, GrabPay, Boost. Availability varies by broker, so confirm FPX is listed in the broker's cashier before signing up.
› How long do FPX forex deposits take?
Deposits are usually fast — often instant or within a few hours — while withdrawals can take longer depending on the broker's processing. Exact times and any fees vary by broker and method; check the broker's terms.
› Is forex trading legal in Malaysia?
Malaysian authorities caution strongly against unlicensed and offshore brokers; residents who use them are not protected under Malaysian law and face enforcement and fraud risk. Whether a given activity is an offence is fact-specific — check the SC Investor Alert List and consult a professional. This is general information, not legal advice.
Payment and country information is general guidance only — not legal, tax, or financial advice. Methods, fees, and rules change; verify with the broker and the relevant authority before acting.