XM Malaysia, founded in 2009 and owned by Trading Point Holdings Ltd., is one of the most respected Forex brokers in the world that is licensed and regulated by four different regulators namely CySEC (Cyprus), ASIC (Australia), FSC (Belize), and FCA (UK).
By being a large and experienced Forex broker and serving over 2,500,000 clients from 196 countries, XM has achieved numerous prestigious awards in the industry including the Best FX Broker Europe 2018 by World Finance Magazine, and Best FX Service Provider 2019 by City of London Wealth Management Awards (COLWMA).
XM Malaysia offers services in various types of accounts including Micro, Standard, Shares, and Ultra Low Spread accounts, with over 55 currency pairs (Forex) and CFDs on precious metals, energies, equity indices, and stocks. The company provides floating spreads as low as 0.6 pips, leverage up to 1:1000, and ultra-fast order execution with no re-quotes.
At XM broker, all trading strategies are allowed, and traders are able to manage up to 8 trading accounts, and 1 Shares account simultaneously; Moreover, all the accounts come with negative balance protection that will prevent traders from suffering losses greater than their deposited funds.
XM offers the most commonly used trading platforms (MetaTrader 4 & 5), Mobile and XM WebTrader accessible directly via an internet browser. Traders also benefit from free daily analysis, regular live webinars by experts for Malaysian clients, XM $50 Free bonus and Malay customer support (available 24 hours during working days).
XM Malaysia offers 4 types of trading accounts: Micro, Standard, Ultra low, and Shares. At XM, the minimum deposit is $5, and you have access to high leverage up to 1:3000. XM offers floating spread on all accounts (on Ultra low account from 0.6 and on Micro and Standard accounts from 1).
XM does not charge commission on its Micro, Standard, and Ultra low accounts even though spreads are low and floating; however, commission is charged on Shares accounts.
XM trading accounts are all offered with the same execution quality and free regular intra-day market updates as well as technical analysis. All trading strategies are also allowed in all the accounts.
🔶 XM Standard Account is a classic Forex account which is offered to professional traders with tight floating spreads as low as 1 pip for all major currency pairs, fast order execution, no commission, and no re-quotes. Standard Account is available in various currencies such as USD, EUR, GBP, JPY, CHF, SGD, and AUD, with maximum leverage up to 1:1000. Having a minimum deposit of only 5 USD, XM Standard Account also allows traders to open 200 trading positions at once. Traders are able to trade with smaller lot sizes (0.01 lot) limited by 50 lots restriction per ticket.
🔶 XM Micro Account is a better option for beginner traders who like to experience and test their strategies by taking less risk and acquire viable results. XM Forex Micro Account offers services similar to the Standard Account. The difference is that XM Micro Account is available for trading in smaller sizes using a micro lot (1,000 units of currency), with a minimum trade volume of 0.01 lots (MetaTrader 4) and 0.1 lots for (MetaTrader 5), with 100 lots restriction per ticket.
🔶 Additionally, XM also provides a special XM Ultra Low Account available only in EUR, USD, GBP, AUD, ZAR, and SGD. XM Ultra Low Account is offered in standard (Standard Ultra) and micro (Micro Ultra) lots with a minimum trade volume of 0.01 lot and 50 lots restriction per ticket for Standard Ultra, and 0.1 lot and 100 lots restriction per ticket for Micro Ultra. The spreads are significantly low starting at 0.6 pips with the same leverage up to 1:1000. Only by a minimum deposit of 5 USD, traders will be able to open up to 200 trading positions.
The XM Ultra-Low account offers swap free trading for wide selection of popular instruments such as Gold, EURUSD, USDJPY, EURJPY, GBPUSD and many others.
🔶 The last type of account is the XM Shares account for trading Shares available only in USD with a contract size of 1 share minimum and spreads depending on the underlying exchange. Furthermore, no leverage offered in this account and a commission will be charged by the broker. With a minimum deposit of 10,000 USD, traders are able to trade with a minimum of 1 lot, and a maximum of 50 opened trading positions. There are no trading bonuses or hedging offered in this type of account.
🕌 XM also offers swap-free trading accounts also known as the Islamic Forex accounts. Traders are not charged for swap/rollover interests on overnight positions when swap-free service is chosen.
XM Malaysia Deposit & Withdrawal
Account funding at XM Malaysia is automatic, and all funding fees are covered by XM. The most popular payment methods for clients from Malaysia is WebMoney, Skrill, Neteller, FasaPay, Credit/Debit Cards and Local Malaysian Banks (Internet banking - AmBank, CIMB, HongLeong, Maybank, Public Bank, & RHB).
XM Malaysia guarantees same-day withdrawals! You can send a withdrawal request from your personal cabinet, and you'll receive your payment within a few hours during the company's working hours. Withdrawals with online payment methods such as WebMoney, FasaPay, Skrill and Neteller are processed very fast, whereas withdrawals via local Malaysian banks take 1-3 business days.
Moreover, XM covers all fees associated with withdrawals, in other words, you won't pay any fee for your withdrawal requests.
XM Malaysia offers flexible and competitive prices acquired from the interbank market with floating spreads as low as 1 pip on Micro & Standard Accounts, and 0.6 pip on Ultra low trading accounts. and zero commission for trading. XM has a 5-digits pricing system which would provide tighter spreads and the possibility of profiting from even the smallest price movements.
XM Malaysia Security & Safety of Funds
XM broker is multi-regulated by respected regulatory bodies such as CySEC in Cyprus, ASIC in Australia, FCA in the UK, and FSC in Belize. XM Company is also registered with a long list of financial registration organizations such as BaFin, CNMV, MNB, CONSOB, ACP, AFM, FIN, and KNF in various countries.
At XM, clients' funds are fully segregated from the company's own funds at tier-1 banking institutions. XM guarantees that clients' funds will not be used by the company under any circumstances.
XM broker is a member of ICF (Investor Compensation Fund) and FSCS (Financial Services Compensation Scheme), and through that, the company provides additional protection when it comes to the safety of the clients' funds.
Trading Platforms at XM Malaysia
The MetaTrader 4 and MetaTrader 5, and XM WebTrader will be available to XM traders. These platforms are loaded with useful features which will benefit traders’ overall experience.
With a single login on MT4, it is possible to gain access to 8 platforms. Traders can also do one-click trading on PC, Mac, multi-terminal, WebTrader, iPhone, iPad, Android, as well as Android Tablet, in addition to a complete technical analysis using over 50 indicators and charting tools, built-in and custom indicators, and different periods. Another important feature of this platform is the possibility of using Expert Advisors.
XM offers the MT5 platform for trading Forex, stocks, stock indices, precious metals, and cryptocurrencies. Single login to 7 platforms will gain you access to 7 asset classes. Traders will also get the latest price quotes and 100 charts at the same time. This flexible platform is available on PC, Mac, WebTrader, iPhone, iPad, Android, and Android Tablet.
Types of Financial Markets at XM Malaysia
XM clients can trade in 55+ currency pairs and 1,000+ trading instruments, including Forex, CFDs on shares, Futures, Indices, Metals, Energies, and Cryptocurrencies.
Nearly all trading instruments are available on XM Micro, Standard, and Ultra-Low accounts using both MT4 and MT5 platforms. Please note that the Shares account is only offered on the MT5 platform. Furthermore, the only available tools on the MT5 platform are cryptocurrencies.
XM Malaysia Education Room
Looking for a different take on the markets?
Join XM's Malay Advanced Room to get free trading education in Malay! Watch daily sessions with experts to learn market analysis, receive trading insights and get answers to all your questions live. XM hosts will help and guide for any enquiries regarding our products and services offered.
Watch for free on:
• Every Monday to Friday, 13:00 – 21:00 GMT (+8) • 5 days a week, 8 hours a day
Learn from expert instructors to discuss trading strategies, market moves and news.
Advantages of Trading with XM Malaysia
Regulated by various regulatory bodies (CySEC, FCA, ASIC, DFSA, IFSC)
FREE $30 Welcome Bonus, 50% + 20% Deposit Bonus
Micro, Standard, and Ultra Low Trading Accounts
24/7 Malaysian support (Email, Live-Chat and Phone)
Low floating Spreads on all accounts, Leverage as high as 1:1000
All trading strategies welcome - Trade without re-quotes!
MetaTrader 4 / 5, Web and Mobile Trading (iPhone, iPad, Android, Tablet)
FREE VPS, Daily Market Analysis, Forex Education, Webinars in Malaysia
Deposit\withdraw via various online methods + local Malaysian banks
High level of clients funds safety - Member of ICF & FSCS
