Business Knowledge

Why FBS is the Best Forex Broker in Malaysia

Time passes, things come and go, and the popularity of trading still keeps gaining momentum. And this is not surprising, because this type of activity has many advantages over office work. You can trade from home, or you can do it from any other place with Internet access. You do not have to work a 9 to 5 job the whole week, and you do not depend on your boss.

Of course, your success is largely based on your skills and to some extent on luck. But another important factor is a reliable broker. Here is how the FBS Broker in Malaysia will help you achieve your goals.

Trading platforms

A good Malaysian Forex trading company provides the trader with access to the most modern, user-friendly and functional platforms. FBS offers three options to suit all tastes: MetaTrader 4, MetaTrader 5, and its own the best Forex app, FBS Trader. All of them are available for downloading on the company’s official website. Let us take a closer look at each one.

MetaTrader 4

MetaTrader 4 is a Forex platform that every trader in Malaysia knows very well. It is the most popular one, and for a good reason. MT4 from FBS broker is suitable for any skill level, and has all the necessary features. With it, you can use 50 tools for technical analysis, create or use ready-made trading robots and scripts, copy trades of others, and apply strategies of different complexity levels. The platform is available on Windows, Mac, Android and iOS.

MetaTrader 5

MetaTrader 5 is a level up of MetaTrader 4 for more sophisticated traders. This platform includes all the features of the previous one, along with many new ones. The main difference is that with MetaTrader 5 in Malaysia you will have access not only to Forex trading, but also other instruments such as stocks, indices, commodities, and cryptocurrencies. There are more technical indicators, more orders, more timeframes, and more functions in general. MT5 is available on Windows, Mac, Android and iOS.

FBS Trader

FBS Trader is probably the simplest and most elegant platform of the three, and is considered one of the best Forex apps in Malaysia. Do not be fooled by the term “simple” because it refers only to the interface, but not to the functionality. This is FBS’s own mobile app, with all the trading instruments in one place, round-the-clock access to all financial markets, real-time statistics, useful tools (currency converter, Forex calculator, economic calendar), and 24/7 customer support. It is available for downloading on Android and iOS.

FBS trading instruments

Another sign of a great broker is the wide range of trading instruments. The following options are available to FBS clients from Malaysia:

  • Forex
  • Metals
  • Indices
  • Energies
  • Stocks
  • Forex Exotic
  • Crypto

As you can see, this is an exhaustive list. The choice of a trading direction depends only on your tastes, interests and skills.

Trading account types

Once you have decided on the instrument you want to trade, it is time to choose your account type. Again, FBS does not disappoint. There is a choice of six options with different conditions. Here is information on each type of account from the official FBS website:

ACCOUNT TYPECOMMISSIONMINIMUM DEPOSITSPREADLEVERAGE
STANDARDNo$100Floating spread from 0.5 pipsUp to 1:1000
CENTNo$1Floating spread from 1 pipUp to 1:1000
MICRONo$5Fixed spread of 3 pipsUp to 1:3000
ZERO SPREADFrom $20 per lot$500Zero spreadUp to 1:3000
ECN$6$1000Floating spread from -1 pipUp to 1:500
CRYPTO0.05%$1Floating spread from 1 pipFixed 1:5

It is worth noting that for all new (and not only!) users, FBS has generous bonus offers, as well as promotions and an affiliate program.

Islamic swap-free account

There is a special offer for traders of the Muslim faith. With FBS there is an opportunity to open an Islamic Swap Free account and trade without interest fees on overnight positions. This option is available for Cent and Standard accounts on all platforms provided by FBS.

Here is the details:

  • Leverage from 1:30 up to 1:500
  • Floating spread from 1 pip
  • Market execution from 0,3 seconds

FBS in Malaysia: the benefits of trading with FBS

In conclusion, let us summarize the most significant benefits of FBS Forex trading for beginners and professionals in Malaysia.

  • Attentive multilingual customer support is available 24/7 via live chat, email or social media.
  • With FBS, you can choose from the variety of accounts the one that meets your requirements best.
  • FBS covers all the commissions, if you open a Standard, Cent or Micro account.
  • There are no requotes, the orders are executed at the actual market price.
  • FBS provides a 5-digit quotes precision on all accounts.
  • You can use any Expert Advisor and apply any trading strategy you like.
  • Leverage is up to 1:3000.
  • Use the numerous bonus offers and promotions to multiply your profits.
  • Educate yourself and develop your skills with the exclusive materials by finance experts.
  • FBS operations are licensed in Malaysia by the CySEC under license number 331/17.

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