Complete Guide: How to Open FxPro Account in Malaysia

Starting your trading journey requires a reliable broker. This guide walks you through the account opening process in Malaysia, covering all essential steps to begin trading efficiently.

FxPro App for Malaysian Traders

What You Need Before You Register

Before beginning the registration process, ensure you have the following:

  • Valid identification document (passport, ID card)
  • Proof of residence (utility bill, bank statement not older than 6 months)
  • Working email address
  • Phone number for verification
  • Basic understanding of trading requirements

Opening an account with a reputable broker requires proper preparation. The login process is straightforward, but having these documents ready will speed up your verification and allow you to start trading sooner.

Account Types Available for Malaysian Traders

Understanding different account options helps you select the one that matches your trading style. Several account types are available with varying features:

Account Type Minimum Deposit Spreads Instruments Best For
Standard $100 From 1.3 pips Forex, Indices, Commodities, Shares Beginners
Raw $500 From 0.0 pips + $4.5 commission Forex, Indices, Commodities, Shares Experienced traders
Edge $1,000 From 0.0 pips + $2 commission Forex, CFDs Advanced traders
Demo $0 Same as real accounts All instruments Practice

Malaysian traders often begin with a Standard account due to its lower entry threshold. As you gain experience, you might consider upgrading to Raw or Edge accounts for improved trading conditions and lower spreads.

Step-by-Step Process to Open FxPro Account

Follow these simple steps to complete your registration:

  1. Visit the official website
  2. Click the "Register" button in the top-right corner
  3. Enter your email address and create a secure password
  4. Select your country (Malaysia) and preferred language
  5. Read and accept the terms and conditions
  6. Complete the basic profile information
  7. Verify your email address
  8. Complete the questionnaire about your trading experience
  9. Submit your identification documents
  10. Await verification (typically 1-2 business days)

The registration process is designed to comply with international regulatory standards while remaining user-friendly. The verification team works efficiently to process applications from Malaysian traders, allowing you to start trading quickly once approved.

Verification Requirements for Malaysian Traders

The verification process requires:

  • Photo ID (passport or national ID)
  • Proof of address (utility bill, bank statement)
  • Additional documents may be requested depending on your profile

Proper verification ensures account security and complies with international anti-money laundering regulations. Malaysian residents typically experience fast verification times due to the broker's established presence in the region.

Trading Platforms Available After Registration

Once your account is active, you'll need to choose a trading platform. Several options are available to match your trading style and preferences:

  • MT4 - The classic platform known for its reliability and extensive features
  • MT5 - Advanced version with more timeframes and analytical tools
  • cTrader - Designed for high-frequency traders with deep market visibility
  • WebTrader - Browser-based solution requiring no downloads

The choice of platform depends on your trading strategy and technical requirements. The MetaTrader platforms are popular among Malaysian traders for their stability and comprehensive analytical tools.

Feature MT4 MT5 cTrader WebTrader
Charts 9 timeframes 21 timeframes 9 timeframes 9 timeframes
Indicators 30+ 38+ 70+ 30+
Automated Trading Yes Yes Yes Limited
Mobile Version Yes Yes Yes Browser-based
Ease of Use High Medium Medium Very High

How to Download and Install Trading Platforms

After completing your registration, you'll need to set up your preferred trading platform:

  1. Log in to your account dashboard
  2. Navigate to the "Platforms" section
  3. Select your preferred platform
  4. Follow the download instructions for your device
  5. Install the software following on-screen prompts
  6. Log in using your credentials

For mobile trading, the mobile app provides convenient access to markets from anywhere. The Android application can be downloaded from Google Play Store, while iOS users can find the application in the App Store.

Setting Up Your Trading Platform

Once installed, customize your platform:

  • Set up chart preferences and timeframes
  • Configure risk management tools like stop-loss and take-profit
  • Import or create trading strategies
  • Adjust visual settings for comfortable analysis

Taking time to properly configure your platform enhances your trading experience and efficiency. The platform suite offers extensive customization options to match your specific trading approach.

Making Your First Deposit After Opening an Account

To start real trading, you'll need to fund your account:

  1. Log in to your client portal
  2. Navigate to the "Deposits" section
  3. Select your preferred payment method
  4. Enter the deposit amount (minimum $100 for Standard accounts)
  5. Complete the transaction following the provided instructions

Malaysian traders can choose from several deposit methods:

  • Credit/debit cards (Visa, Mastercard)
  • Bank wire transfer
  • Local bank transfers
  • E-wallets (Skrill, Neteller)

Processing times vary based on your chosen method, with electronic payments typically being instant and bank transfers taking 1-3 business days.

Tips for New Malaysian Traders

For beginners in Malaysia starting with this broker, consider these recommendations:

  • Begin with a demo account to practice without risk
  • Start with the Standard account when moving to real trading
  • Consider using the mobile application for monitoring positions on the go
  • Take advantage of educational resources provided by the broker
  • Set strict risk management rules (limit exposure to 1-2% per trade)

Understanding market behavior before committing significant capital helps develop sustainable trading habits. The educational resources can accelerate your learning curve as a Malaysian trader.

Opening an account provides Malaysian traders with access to global markets through reliable trading platforms and competitive conditions. By following the steps outlined in this guide, you can quickly begin your trading journey with proper preparation and understanding.

Frequently Asked Questions About Opening an Account

How long does it take to open FxPro account for Malaysian residents?

The initial registration takes approximately 10 minutes. The verification process typically requires 1-2 business days, depending on document quality and completeness. Malaysian residents with proper documentation usually experience faster verification times.

What is the minimum deposit to start trading in Malaysia?

The minimum deposit varies by account type: $100 for Standard accounts, $500 for Raw accounts, and $1,000 for Edge accounts. Malaysian traders often start with Standard accounts due to the lower initial requirement.

Can I open multiple accounts with this broker?

Yes, Malaysian traders can open multiple accounts with different base currencies or account types under a single login. This allows for implementing various trading strategies or separating funds for different purposes.

Is this platform regulated and safe for Malaysian traders?

The broker operates under regulations from multiple tier-1 jurisdictions including the UK's FCA, Cyprus' CySEC, and others. While not directly regulated in Malaysia, the international regulatory compliance provides security for Malaysian traders through client fund segregation and investor compensation schemes.

Can I use Malaysian Ringgit (MYR) as my account base currency?

Currently, MYR is not offered as a base currency. Malaysian traders typically use USD, EUR, or GBP for their accounts. This means deposits in MYR will be converted at the prevailing exchange rate, which may incur conversion fees.

Start Your Trading Journey with FxPro Malaysia Today

Open a trading account in minutes and gain access to global financial markets. FxPro — your reliable partner in the world of trading.

Risk Warning: Trading CFDs involves a high level of risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. According to FxPro, 78.1% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Disclaimer: This website is not the official FxPro website but a partner site. All links from this site lead to the official FxPro websites. All information on the site is for reference only and may change without prior notice.