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Best Stock Trading Apps in Malaysia | Trusted Platforms

justin freeman
Justin Freeman trader
Updated 31 May 2024

Do you intend to begin investing or trading in stocks in Malaysia? If your answer is yes, as a new trader, one of the most important steps is to select a legitimate, regulated, dependable, and user-friendly stock trading app.

There are various types of trading platforms, brokers, and apps, that provide online trading services; as a trader, you should choose wisely and conduct extensive research to reduce the risk of losing your trading money. In this article, we will walk you through the top 10 trading apps for stocks in Malaysia, focusing firstly on those that are reliable, trusted, and easy to use.


best stock trading app malaysia


Tickmill offers a comprehensive range of features designed to give traders of all abilities the best possible facilities with which to enter the markets. Beginners are supported by user-friendly functionality and a range of up-to-the-minute educational and research services. Intermediate and advanced traders can draw on high-end trade analytics, including the well-regarded Autochartist technical analysis package.

The trading experience at Tickmill is all about fast, reliable, effective trading in asset types ranging from stocks, forex and cryptocurrencies to commodities and bonds. The tight trading spreads and additional research features such as Acuity Trading and Signal Centre make Tickmill an ideal option for all types of strategies, whether you’re looking to focus on one market or build a more diversified portfolio.

Great trading experienceRelatively limited number of markets
Ultra-fast, cost-effective, reliable trade executionDoes not currently accept US clients
High-quality research and analysis tools
Well regulated
Tight trading spreads – as low as 0.00 pips



IG offers traders and investors everything they might need to enter the financial markets. The wide variety of instruments available includes stocks, forex, commodities, indices, cryptocurrencies, ETFs, and bonds. Therefore, IG supports the trading activities of those running short-term strategies and buy-and-hold investors. For those looking to make the most of the platform, there is a professional and informed support team on hand 24/7.

Founded in 1974, IG has a strong track record of providing reliable and safe trading conditions and has, over the years, added some neat features to give its clients an edge. The in-house developed trading platform is top of the range, and research and analysis tools include IGTV, which live-streams during times when there are major news announcements which could impact market prices.

One-stop-shop for trading and investingIn-line but not exceptional pricing
More than 17,000 markets to trade
Strong reputation – established in 1974
Great customer support
Caters to beginner and advanced traders


BlackBull has established a strong reputation in the trading community due to its willingness to push the boundaries of what is possible. Having recently rebranded from Blackbull Markets, the BlackBull team have high aspirations to provide a quality trading app that hits the mark and delivers what users are looking for.

The platform has a fintech feel with a range of neat features which ensure clients can enter the markets using the best possible trading infrastructure. The minimum opening account balance is $0, allowing traders at all levels to open an account, try out the platform, and discover the benefits for themselves.

An impressive +26,000 instruments are available to trade, including stocks, forex, commodities, and cryptocurrencies. Those traders looking to scale up on risk-return can take advantage of leverage terms which extend up to 1:500. Spreads on major forex pairs are as low as 0.00 pips. The trades are booked using high-end platforms and ECN protocols to ensure clients get the best possible price. 

Fast, reliable, high-quality trade executionNot available in all regions
Minimum deposit of $0Regulatory infrastructure
Leverage up to 1:500
Spreads as low as 0.00 pips
+26,000 tradeable instruments

IQ Option

IQ Option offer a trading app that is more oriented towards the traders out there, but what they do they do well. First and foremost, this broker is ideal if you are just getting started with online trading. IQ Option support a variety of asset classes in addition to providing an easy-to-use trading platform.

Highly rated on the AppStore, IQ Option app holds a 4.2* rating and is available across various platforms including iOS and Android.

Additionally, you will find an unlimited demo account option, and a minimum deposit of just $5 to get started when you are ready to trade for real.

User-friendly trading platformNot suitable for experienced traders who perform technical analysis
Available across multi-platforms
Low minimum deposit
Trade cryptocurrencies, commodities, and forex



As a relative newcomer in the broker sector, stands out by adopting an approach that introduces a spectrum of innovative tools and unique market offerings. Since its inception in 2019, has rapidly amassed a dedicated global following and has been honored with numerous prestigious industry awards.

The platform places a strong emphasis on user-friendly features, allowing new clients the flexibility to select from a variety of account types that best suit their needs. With funding options available in both cryptocurrencies and fiat currencies, ensures competitive trading costs. Although its coverage of traditional asset markets might not be the most extensive, the platform's pioneering selection and diverse range of crypto asset instruments set it apart in the industry.

Innovative analysis toolsNo telephone customer support
Emphasis on ease of useLimited number of instruments in some markets and sectors
Hassle-free account opening
fxgt promo november 2023



MiTrade is a reputable legal broker based in Australia and regulated by the ASIC (Australian Securities and Investment Commission), as well as the legal holder of the Australian Financial Services licence (AFSL 398528). That is, Mitrade is one of Asia's best regional brokers, adhering to all Australian regulations.

MiTrade provides investors with a user-friendly trading app that are tailored to all levels of investors, from novice to experienced. For investors, especially new investors, the trading platform interface is neat and simple to use. The MiTrade stock trading app also provides users with services at a convenient speed, secure data protection, and is compatible with all types of smartphones and other devices, allowing you to trade without interruption.

Provide leverage and short-sellingOnly 30+ foreign stocks are listed
Zero commissionNot supported by MetaTrader4
Ideal for new investorsOffers only 2 account types


Maybank Investment Bank Berhad is the next best trading apps Malaysia. Maybank provides two types of shariah compliant and conventional accounts for investors through its Maybank Trade ( trading platform.

Investors can trade indices, equity stocks, commodities, and gold with Maybank for as little as RM10.60 for the opening of a CDS account. The most convenient aspect of selecting a local bank as your preferred trading platform is that you can simply visit the nearest branch if you have any trading-related issues.

Broker from a reputable bank in MalaysiaRather high commission fee
Offers shariah compliant and conventional accountsHigh volume of document processing required
Document verification takes a long time to process


Libertex is a popular trading platform among traders, particularly those in the United Kingdom who prefer low fees and commissions. A zero spread platform offer is prominently displayed on the front page of this. This means that regardless of the asset you choose to trade, there is no price difference between buy and sell.

Furthermore, while Libertex charges a commission on each trade, it is frequently very low. In fact, the commission for each order is frequently less than 0.1 percent. Libertex offers CFDs on stocks, commodities, and currencies as supported markets. You can use leverage when trading options as a CFD expert.

CFD trading with zero spreadOffers CFD tradings only
Very competitive commissions – starting from 0% upwards
Compatible with MT4
Attractive market options

RHB Investment Bank berhad

RHB Investment Bank is a major player in Malaysia's capital market. Apart from Malaysia, there are in Hong Kong, Indonesia, Singapore, Brunei, Cambodia, Laos, Myanmar, Vietnam, and Thailand. RHB trading platform, known as RHB Trade Support has received endorsement in product expertise by Award Winners Experienced Study Group.

Among asset classes available in this trading platform are gold, equities, United States indices and unit trusts.

Provides online and offline training of experts in stock coachingRegistration process takes 3 days
Attractive incentives available, such as reward points, chances to win attractive prizes and traders will be provided with daily Stock Exchange reportsThe cost of a broker is relatively high
Ability to buy IPO shares with credit facilityOther cost charges applied such as credit management costs
Process are taken entirely through online method

Hong Leong Investment Bank

Hong Leong Bank Berhad is a Malaysian stock exchange-listed company that is part of the Hong Leong Group, and also Malaysia's fifth largest banking group.

The group's trading platform, HLeFutures Mobile provides investors with among the lowest brokerage fee at 0.106%, or a minimum of RM 8.48, with various trading assets such as currency exchange, bonds, unit trusts, deposit instruments, foreign commodities, and forex trading.

Financing Margin up to 60%CDS accounts opening processes can take up to 30 working days.
24-hour foreign trade deskOffers only one type of account
Quotes and real-time information are provided at no cost to clients who execute three trades per month.

How to Choose the Best Stock Trading Apps in Malaysia

trading apps malaysia

Now that we've gone over the seven best trading platforms available to you, let's go over the simple steps to selecting a reputable trading platform for your safe, secure, and profitable trading journey.

  • First and foremost, you must ensure that the company you select is regulated and authorised to provide any type of financial services or activities.
  • Next, ensure that the company is not embroiled in any legal issues. Before deciding on a trading platform, ensure that the company has legitimate credibility and is providing the services as required by law.
  • Pay close attention to the company's services. For example, whether online stock trading applications run smoothly or frequently make errors; whether the company acts solely as a broker or as a full-service provider that provides issuer recommendations and market analysis on a daily basis.
  • Lastly, take note of any bank affiliations as well. It is always preferable to use a trading app that is affiliated with a bank where you have a savings account. This will make transferring funds easier for you.


Trade Stocks with The Best Trading Apps

best trading app malaysia

After reviewing our list of the top 10 stock trading apps, I am sure you may have a better idea on which trading app to use. Before you begin investing, you should be aware of the risks involved, and always remember to trade with knowledge and be a wise investor. Conduct thorough research on each trading app before deciding to open a trading account with them. Trading is intended to expose you to the possibility of increasing your income, and as such, it is unquestionably risky. We hope that this article has helped you prepare for your trading journey.

justin freeman
Justin is an active trader with more than 20-years of industry experience. He has worked at big banks and hedge funds including Citigroup, D. E. Shaw and Millennium Capital Management.