We investigated the top possibilities to identify the 5 best PAMM Account Forex brokers in Malaysia, concentrating on the unique demands of traders in Malaysia. This comprehensive guide will show you the following:
What are PAMM Account Forex Brokers in Malaysia?
The 5 Best PAMM Account Forex Brokers in Malaysia
Our Final Thoughts on The 5 Best PAMM Account Forex Brokers in Malaysia
Frequently Asked Questions About The Best PAMM Account Forex Brokers in Malaysia
- Marlie Willemse Rosset
10 Best Forex Brokers in Malaysia
Rank
Broker
Review
Regulators
Min Deposit
Official Site
What is a PAMM Account Forex Broker?
PAMM accounts have grown in popularity among Forex traders in Malaysia, providing an innovative investment approach that allows traders to benefit from professional trading knowledge without managing their trades. According to our findings, PAMM accounts offer traders a systematic mechanism to deploy their cash to professional traders or fund managers who manage pooled resources in a single trading account.
The earnings and losses are then dispersed proportionally based on each trader’s participation, resulting in a more efficient investment process. For traders in Malaysia, the appeal of PAMM accounts stems from their ability to utilize professional trading strategies while reducing the risks associated with self-managed trading. Leading brokers in Malaysia provide complete PAMM account services. These brokers are authorized by reputable bodies such as CySEC, FCA, and IFSC, and their platforms offer detailed performance information, transparent fee structures, and robust risk management features.
Overall, PAMM accounts in Malaysia are a viable alternative for new and experienced traders. By delegating their funds to expert traders, traders might earn more significant returns while reducing direct trading risks. This collaboration between traders and fund managers promotes Malaysia’s more inclusive and dynamic Forex trading environment.
5 Best PAMM Account Forex Brokers in Malaysia
Our experts examined various brokers to identify the top 5 PAMM Account Forex brokers in Malaysia, considering variables such as account management features, customer service, and overall trading conditions.
- ☑️HFM – Several Account Types
- ☑️FP Markets -Competitive spreads, fast execution.
- ☑️RoboForex – Ultra-low spreads and commissions
- ☑️FxOpen – ECN accounts offer raw, competitive spreads and ultra-fast execution
- ☑️Vantage Markets – Competitive pricing on its Raw ECN account
10 Best Forex Brokers in Malaysia
Rank
Broker
Review
Regulators
Min Deposit
Official Site
1. HFM
For professional fund management, traders in Malaysia can use HFM’s PAMM accounts, which are distinguished by their structured and flexible investment solutions. We recommend the Premium or Premium Plus accounts for traders looking to take advantage of HFM’s extensive PAMM program. These accounts offer a range of spreads and leverage choices to suit different trading strategies.
A large variety of traders in Malaysia can participate because this broker doesn’t charge a minimum deposit on certain account types. High leverage, up to 1:2000, gives traders in Malaysia a lot of freedom in their trades. The technology streamlines and improves the efficiency of fund management by fully automating the distribution of profits and losses.
Overall Rating
- 4.5/5
Min Deposit
USD
Regulators
FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA
Trading Platform
MT4, MT5, HFM Platform
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
An additional perk for Muslim traders is the provision of swap-free Islamic accounts, which align with Sharia law. Traders in Malaysia can monitor their investments carefully using HFM’s sophisticated performance-tracking tools and make data-driven decisions in real time.
HFM is supervised by CySEC, FSCA, and FSA (to name a few), highlighting security and regulation. This multi-level regulatory system further protects traders’ money. For Malaysian traders looking for a trustworthy and open trading environment, we recommend HFM as a leading PAMM account Forex broker. Thanks to their extensive and safe investment solutions, cutting-edge trading tools, and regulatory compliance, HFM is a great choice.
Unique Features
| Feature | Information |
| 💵Minimum Deposit | Zero minimum deposit to register an account (minimum deposit depending on deposit method) |
| 🎖️Account Management | Professional traders manage pooled funds |
| 📝Regulation | CySEC, FSC, DFSA, FSCA, FSA, CMA |
| 📃Regulated by SCM and BNM | No |
| ✨Platform | HFM App, MetaTrader 4, MetaTrader 5 |
| 🪙Performance Fee | Set by the manager, typically around 30% |
| 📋Withdrawal Policy | Withdrawals are possible, subject to the manager’s terms |
| 📈Investment Tracking | Detailed analytics and performance reports |
| 🚀Leverage | Up to 1:2000 |
| 💸Spreads | From 0.0 pips |
| 💡Additional Features | Swap-free Islamic accounts available |
| 🚀Sign up | Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Multiple PAMM account types are available for traders in Malaysia, each with a varied spread to accommodate different trading methods | Performance fees can often be considerably high, often about 30%, potentially reducing net profits |
| Malaysian traders have an advantage of high leverage up to 1:2000, ideal for aggressive trading techniques | Withdrawals and deposits are subject to management terms, which could reduce flexibility |
| HFM offers comprehensive performance tracking and analytics for traders and fund managers | Because of its extensive features, the platform can be difficult for new traders in Malaysia to understand |
| Swap-free Islamic accounts are accessible, ensuring compliance with Sharia law | Customer service response times might be poor at times, causing critical inquiries to be delayed |
| Complete automation of profit and loss distribution ensures efficiency and transparency | |
| The minimal deposit that starts at 0 MYR ($0) is accessible to new traders in Malaysia |
Our Insight
HFM Markets is generally considered a reliable and regulated broker offering competitive trading conditions. It’s known for its low minimum deposit, diverse asset range, and multiple account types to cater to different trader preferences. However, trading costs can be slightly higher than those of some competitors.
2. FP Markets
FP Markets provides traders in Malaysia with a competitive PAMM account program. According to our findings, FP Markets’ minimal minimum deposit requirements start at 472 MYR ($100), making it accessible to experienced and inexperienced traders. Leverage ratios as high as 1:500 allow traders to maximize their potential while appropriately managing risk.
Traders in Malaysia can take advantage of spreads as little as 0.0 pips, which significantly lowers the cost of trading. With the comprehensive performance metrics available in FP Markets’ PAMM accounts, traders can track their fund managers’ progress and make informed decisions.
Overall Rating
- 4.5/5
Min Deposit
USD 100
Regulators
CySEC, FSCA, ASIC, FSC, FSA
Trading Platform
MT4, MT5, cTrader
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Users can confidently explore the Forex market with the platform’s instructional materials and risk management tools. Several financial institutions, including ASIC and CySEC, regulate FP Markets, which adds protection and compliance. FP Markets, a leading PAMM account Forex broker, attracts traders with its user-friendly features, such as competitive trading conditions, low entry obstacles, and strong regulatory oversight. FP Markets is a reliable and efficient choice for PAMM account trading in Malaysia.
Unique Features
| Feature | Information |
| 💵Minimum Deposit | 472 MYR ($100) |
| 🎖️Account Management | Managed by experienced traders |
| 📝Regulation | FSA, ASIC, FSCA, CySEC, FCA |
| 📃Regulated by SCM and BNM | No |
| ✨Platform | MetaTrader 4, MetaTrader 5, IRESS, cTrader, WebTrader, TradingView, FP Markets App |
| 🪙Performance Fee | Varies, typically around 20-30% |
| 📋Withdrawal Policy | Flexible, based on the manager’s conditions |
| 📈Investment Tracking | Comprehensive performance analytics and reporting |
| 🚀Leverage | Up to 1:500 |
| 💸Spreads | From 0.0 pips |
| 💡Additional Features | Risk management tools and educational resources |
| 🚀Sign up | Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| FP Markets charges a low minimum deposit of 472 MYR ($100), making it accessible to a wider spectrum of traders in Malaysia | Performance fees can vary and can be quite substantial depending on the manager |
| High leverage up to 1:500 allows traders substantial trading freedom | Withdrawal policies could be stringent, depending on the fund manager’s terms |
| Competitive spreads, beginning at 0.0 pips, allow traders in Malaysia to have cost-effective trading | Higher leverage might increase risk exposure, especially among rookie traders in Malaysia |
| Traders in Malaysia can access comprehensive risk management tools and instructional resources | The educational resources, while extensive, might be intimidating for novice Malaysian traders |
| Fund managers can use detailed performance information to make more educated investment decisions | |
| Strict financial regulators, such as ASIC and CySEC, ensure a high level of security and compliance for Malaysian traders |
Our Insight
Tutorials, webinars, and market analysis are just a few tools AvaTrade provides to help traders learn the ropes and become more proficient. The copy trading platform from AvaTrade is an excellent resource for Malaysian traders because of its powerful features and educational support.
3. RoboForex
RoboForex’s PAMM account services stand out because they are easy to use and tailored to a wide variety of traders in Malaysia. From what we can tell, RoboForex is one of the most user-friendly PAMM accounts, with a minimum deposit requirement of just 47 MYR ($10). The low barrier to entry makes professional fund management accessible to even the most inexperienced traders.
This broker is a smart choice for traders in Malaysia who want to maximize their trading potential because it provides leverage up to 1:2000.RoboForex makes trading more affordable by offering competitive spreads as low as 0.0 pips on some account types.
Overall Rating
- 4.7/5
Min Deposit
USD 10
Regulators
IFSC
Trading Platform
MT4
Crypto
No
Total Pairs
32
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Cryptocurrencies are only one of several trading instruments traders can use to diversify their portfolios. RoboForex provides further security for compensation funds and dispute resolution as a member of The Financial Commission and is licensed by the International Financial Services Commission (IFSC) in Belize, CySEC in Cyprus, and Labuan FSA.
With its strict regulatory structure, a wide variety of trading instruments, and an easy-to-use interface, RoboForex stood out as one of the best Forex brokers for PAMM accounts.
Unique Features
| Feature | Information |
|---|---|
| 💵 Minimum Deposit | 47 MYR ($10) |
| 🎖️ Account Management | Managed by professional traders |
| 📝 Regulation | CySEC, IFSC, Labuan FSA |
| 📃 Regulated by SCM and BNM | No |
| ✨ Platform | MetaTrader 4, MetaTrader 5, cTrader, R MobileTrader, R StocksTrader |
| 🪙 Performance Fee | Determined by the manager, generally around 20-40% |
| 📋 Withdrawal Policy | As per the manager’s terms, typically flexible |
| 📈 Investment Tracking | In-depth analytics and real-time performance data |
| 🚀 Leverage | Up to 1:2000 |
| 💸 Spreads | From 0.0 pips |
| 💡 Additional Features | Diverse asset classes, including cryptocurrencies |
| 🚀Sign up | Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| With a minimum deposit of just 47 MYR ($10), opening an account with RoboForex can be highly accessible to new traders in Malaysia | Particularly for inexperienced traders in Malaysia, high leverage can dramatically raise the risk |
| RoboForex offers competitive spreads as low as 0.0 pips on selected account types. | The manager sets the performance fee, which might increase to 40%. |
| This broker offers traders in Malaysia an additional layer of portfolio diversification provided by a wide variety of trading instruments, including cryptocurrency. | The variety of instruments and functions on the platform makes it potentially complicated |
| RoboForex also provides accurate tracking of performance in real-time and comprehensive data for Malaysian traders | Restricted to just two types of platforms—MetaTrader and R Stocks Trader—that might not work for all traders in Malaysia |
| RoboForex is a participant in the Financial Commission’s compensation program, which strengthens safeguards for traders in Malaysia | We discovered RoboForex is only regulated with FSC (Belize), which brings down its trust score a bit |
Our Insight
RoboForex offers Malaysians access to a wide range of tradable instruments, competitive trading conditions, and multiple account types to suit different trading styles. They also provide educational resources and customer support in various languages.
4. FXOpen
We discovered the competitive trading conditions and rigorous regulatory compliance of FXOpen’s PAMM accounts in Malaysia are noteworthy. Our research shows that FXOpen’s 5 MYR ($1) minimum deposit is a huge advantage for traders in Malaysia in terms of accessibility and commitment. The spreads start at 0.0 pips, making trading cost-effective, and the massive leverage up to 1:500 gives great trading flexibility.
Traders in Malaysia now have even more investing alternatives thanks to FXOpen’s support for cryptocurrency trading. With the platform’s risk management features and comprehensive performance data, traders can track their investments and make intelligent choices. Trading using FXOpen’s PAMM accounts is safe because the FCA and ASIC govern them.
Overall Rating
- 4.5/5
Min Deposit
USD 1
Regulators
ASIC, FCA, CySEC
Trading Platform
MT4, MT5, PAMM
Crypto
Yes
Total Pairs
4
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Due to its rigorous regulatory oversight, attractive trading conditions, and thorough performance tracking, FXOpen was one of our top choices for a PAMM account Forex broker. Because of these features, PAMM account trading is a dependable and efficient platform for Malaysian traders.
Unique Features
| Feature | Information |
| 💵Minimum Deposit | 5 MYR ($1) |
| 🎖️Account Management | Managed by experienced traders |
| 📝Regulation | FCA, ASIC |
| 📃Regulated by SCM and BNM | No |
| ✨Platform | MetaTrader 4, MetaTrader 5, TradingView, TickTrader |
| 🪙Performance Fee | Typically, 20-30%, set by the manager |
| 📋Withdrawal Policy | Flexible, depending on the manager’s conditions |
| 📈Investment Tracking | Detailed performance and risk management reports |
| 🚀Leverage | Up to 1:500 |
| 💸Spreads | From 0.0 pips |
| 💡Additional Features | Supports cryptocurrencies and various payment methods |
Pros and Cons
| ✅ Pros | ❌ Cons |
| A low entry point of 5 MYR ($1) makes it accessible to a wide range of traders in Malaysia | Net earnings can be affected by performance fees, which usually fall between the 20-30% range |
| Leverage levels as high as 1:500 provide traders with a great deal of leeway | The conditions set by the fund manager determine the flexibility of the withdrawal policy |
| Perfect for budget-conscious traders in Malaysia, with spreads as low as 0.0 pips | New traders in Malaysia could find the wide variety of functions overwhelming |
| The ability to trade cryptocurrency opens new avenues for diversification | During busy business periods, customer service could take longer to respond |
| FXOpen provides pools for managing risk and comprehensive performance reporting for Malaysian traders | |
| This broker offers a safe place to trade thanks to regulations by financial bodies such as FCA and ASIC |
Our Insight
FXOpen offers Malaysians several advantages, including ECN pricing for tight spreads, a variety of account types to suit different trading styles, and access to a wide range of tradable instruments. Their STP execution provides fast order execution and low latency, which benefits active traders.
5. Vantage Markets
Traders in Malaysia can take advantage of Vantage Markets’ top-notch PAMM account program. Vantage Markets is a platform that demands a minimum commitment of 236 MYR ($50), and our research indicates that severe traders from Malaysia would be interested in it. With spreads as little as 0.0 pips, trading is assured to be cost-effective. High leverage up to 1:500 makes numerous trading methods feasible.
Traders in Malaysia can monitor their fund managers’ performance using the software’s real-time tracking and comprehensive information. Islamic trading accounts that do not require swaps are available at Vantage Markets.
Overall Rating
- 4.5/5
Min Deposit
USD 50
Regulators
FSCA, VFSC, ASIC, FCA
Trading Platform
MT4, MT5, TradingView
Crypto
Yes
Total Pairs
49
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Although the SCM and BNM do not regulate Vantage Markets, the broker guarantees high safety and compliance by being controlled by financial authorities like the FCA and ASIC.
We recommend Vantage Markets as a PAMM account Forex broker because of its solid regulatory structure, attractive trading conditions, and cutting-edge performance monitoring tools. Thanks to these qualities, Vantage Markets is an excellent option for traders in Malaysia looking for a flexible and secure PAMM account trading platform.
Unique Features
| Feature | Information |
| 💵Minimum Deposit | 236 MYR ($50) |
| 🎖️Account Management | Managed by professional fund managers |
| 📝Regulation | FSCA, ASIC, VFSC, CIMA |
| 📃Regulated by SCM and BNM | No |
| ✨Platform | MetaTrader 4, MetaTrader 5, Vantage App, ProTrader, TradingView |
| 🪙Performance Fee | Set by the manager, commonly 20-40% |
| 📋Withdrawal Policy | Flexible, based on terms set by the manager |
| 📈Investment Tracking | Real-time performance tracking and analytics |
| 🚀Leverage | Up to 1:500 |
| 💸Spreads | From 0.0 pips |
| 💡Additional Features | High-leverage options and educational materials |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Vantage Markets provides various trading techniques that are compatible with the high leverage of up to 1:500 | Usually determined by the fund manager, performance fees might be somewhat substantial |
| Traders in Malaysia have the opportunity to trade with competitive spreads as low as 0.0 pips, improving efficiency while cutting costs | Managers have a lot of leeway to be liberal or stringent with withdrawal rules |
| Traders can access comprehensive statistics and real-time performance tracking | Inexperienced traders in Malaysia run the danger of suffering large losses due to the high leverage offered |
| Vantage Markets provides Islamic accounts that do not use swaps per Sharia law | |
| Training resources and high-leverage choices to help traders in Malaysia develop their skills | |
| Vantage Markets offers a secure and compliant trading environment per regulations by ASIC and FCA |
Our Insight
Vantage Markets offers Malaysians competitive trading conditions, including tight spreads and low commissions, making it a cost-effective choice. They provide access to various tradable instruments and advanced trading platforms, catering to beginners and experienced traders.
Our Final Thoughts on the 5 Best PAMM Account Forex Brokers in Malaysia
Prospective traders in Malaysia should seriously consider the pros and cons highlighted in our final comments on the top PAMM brokers for traders. While we have found many attractive features and products from these brokers in our research, we recommend approaching each pick with a level head. One significant benefit of PAMM accounts is their ease of use and diversity. Many traders can afford professional fund management since most brokers we examined have minimal minimum deposits—sometimes as low as 5 MYR ($1).
Thanks to this accessibility, even those without a lot of wealth can gain access to the knowledge of experienced fund managers. With high-leverage options, which can exceed 1:2000, traders have the freedom to trade aggressively. High leverage maximizes returns but increases risks, especially for traders unfamiliar with the ins and outs of leveraged trading. As a result, traders in Malaysia must exercise caution when using leverage and make sure they are adequately managing risk.
It is worth noting that these brokers provide real-time tracking tools and thorough performance information. By offering clarity and comprehensive information on fund managers’ performance, these features enable traders to make well-informed decisions. This degree of openness is essential to establish trust and ensure traders have faith in their selected management. Another factor to consider is how these brokers are regulated. Reputable international regulatory agencies like the FCA, CySEC, and ASIC monitor these brokers, even if they aren’t regulated by Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SCM). While local regulatory standards would not always be precisely aligned with this international rule, they provide a rigorous security and compliance framework.
While international regulations can provide high standards of protection and operational integrity, it is crucial to remember that the absence of local control does not always spell disaster. Traders in Malaysia can benefit significantly from PAMM brokers that are easy to reach, flexible, and transparent. Traders have an excellent opportunity to participate in professional fund management through the offerings, notwithstanding the associated risks and considerable feature variations. Traders should know what they’re getting into, familiarize themselves with the charge structures, and be satisfied with the risk level before putting their money into any financial decision.
You might also like: 5 Best NASDAQ 100 Brokers
You might also like: 5 Best Micro-Account Forex Brokers
You might also like: 5 Best Social Trading Platforms
You might also like :5 Best Volatility 75 Forex Brokers
You might also like: 5 Best Low-Spread Forex Brokers
Frequently Asked Questions
PAMM accounts enable traders in Malaysia to direct cash to professional traders who manage pooled resources, dividing earnings and losses equitably. This allows traders to benefit from experienced trading strategies without managing trades themselves.
To ensure reliability and trustworthiness, traders should seek out brokers with strong regulatory credentials, transparent fee structures, excellent customer support, and great user evaluations.
Yes, Malaysian traders can select their PAMM account managers based on performance records and strategies published on the broker’s platform, ensuring that the manager matches their investing objectives.
PAMM accounts pool funds into a single account managed by the trader, whereas copy trading replicates trades in separate accounts. PAMM accounts provide a pooled investment method, whereas copy trading gives you greater direct control over each account.
Yes, several Malaysian brokers provide Islamic (swap-free) PAMM accounts that adhere to Sharia law by not collecting interest on overnight holdings, making them ideal for Muslim traders.
