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:
- Visit the official website
- Click the "Register" button in the top-right corner
- Enter your email address and create a secure password
- Select your country (Malaysia) and preferred language
- Read and accept the terms and conditions
- Complete the basic profile information
- Verify your email address
- Complete the questionnaire about your trading experience
- Submit your identification documents
- 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:
- Log in to your account dashboard
- Navigate to the "Platforms" section
- Select your preferred platform
- Follow the download instructions for your device
- Install the software following on-screen prompts
- 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:
- Log in to your client portal
- Navigate to the "Deposits" section
- Select your preferred payment method
- Enter the deposit amount (minimum $100 for Standard accounts)
- 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.