Bonus availability
60 bonuses we have verified as available to traders in Malaysia.
Malaysia takes a cautious line on retail forex and CFDs. The market is overseen by a securities regulator and the central bank together, and most of the bonus-heavy brokers advertising to Malaysians sit outside the licensed system rather than inside it.
XM
XM's public promotions page offers a 100% deposit bonus up to $100, then 50% on following deposits up to $500 and 20% up to $5,000, paid as trading credit you cannot withdraw. Percentages vary by region.
BitMart
BitMart's referral program pays you a permanent commission of 20% (rising to 25% and 30% as you invite more people) on the trading fees of friends you refer for spot and futures trading.
Tickmill
A monthly Tickmill skill contest that awards one live-account trader a $1,000 cash prize they can withdraw immediately.
CoinEx
New CoinEx users can earn up to 100 USDT in fee rebate vouchers by completing deposit and trading tasks; a 40 USDT deposit and a 50 USDT spot trade unlock 70 USDT, but the vouchers only refund trading fees and are not cash.
Crypto.com
New Crypto.com users who join with a referral code and trade earn a sign-up reward paid in CRO, realistically about $5 to $15 for a typical user, up to roughly $50.
Errante
Errante gives a tiered 15% to 30% match on your deposit as non-withdrawable trading credit, capped at $2,000, with no turnover requirement but with the catch that any withdrawal wipes out the bonus.
Fusion Markets
Fusion Markets clients on its Vanuatu (VFSC) or Seychelles (FSA) entity can earn $50 for themselves and $50 for a referred friend when the friend deposits $500 and trades 5 lots, rising to $250 each on a $5,000 deposit. Australian clients of the ASIC entity are not eligible.
M4Markets
M4Markets adds a 50% credit bonus to each deposit on an MT4/MT5 Bonus account, and the credit converts to withdrawable cash as you trade FX or metals.
CoinEx
CoinEx pays referrers a share of their invited friends' trading fees, starting at 15% for regular users (the headline 40% applies only to VIP 5 accounts) and credited in CET tokens.
Firstrade
Firstrade reimburses the ACAT transfer fee your old broker charges, up to $250, when you move $2,500 or more in eligible assets and keep them parked for 12 months.
Pepperstone
Pepperstone pays both you and a referred friend up to USD 1,000 in cash (or 20 commission-free trades on the retail version) once the friend deposits and trades a set number of lots within 90 days.
IronFX
IronFX credits a 100% Sharing Bonus on your deposit as non-withdrawable trading funds, with no cap on the amount, but profits made on it are split 50/50 with the broker on withdrawal.
IronFX
IronFX adds a 40% non-withdrawable credit bonus on deposits of US$500 or more, capped at US$4,000 per client, that boosts margin but can never be cashed out.
Admiral Markets
Admirals' Deposit Boost matches your deposit 100%, up to $5,000, in trading credit on MT5 accounts. The credit only converts to withdrawable cash at $25 per $1,000,000 of notional volume traded.
FxPro
FxPro's tiered loyalty program returns a slice of your paid spread and commission as monthly cash rebates, rising through Silver, Gold, and Platinum levels up to a 15% ceiling, credited to your Wallet and withdrawable.
Tickmill
Tickmill gives new non-EU clients a $30 Raw trading account with no deposit required, and lets them withdraw between $30 and $100 of profit after they fund a live account with $100.
BlackBull Markets
New BlackBull Markets clients who join through a referral link can earn US$100 after depositing US$500 and trading 5 FX or metal lots, or US$250 after depositing US$2,000 and trading 20 lots.
FXTM
FXTM matches your first deposit 100% up to $500, but the match is paid as non-withdrawable Reward Points that you only unlock by trading 20,000 Tier Points within 30 days.
HFM
HFM matches qualifying deposits 100% in non-withdrawable trading credit, up to USD 50,000 in total, on Premium and Islamic accounts. Daily cash rebates are no longer offered to clients who register from 21 July 2026.
Vantage
Vantage matches a new client's first deposit 150% up to $1,500 in trading credit, plus 25% on later deposits. The credit is margin only and cannot itself be withdrawn.
AMarkets
AMarkets pays existing clients a $50 cash reward for every invited friend who registers through their link, verifies, deposits at least $100 and trades more than one lot, while the friend receives a 20% trading bonus on their first deposit.
BingX
New BingX users who sign up with a referral code are reported to get a 20% trading fee discount plus a series of small USDT bonus vouchers that unlock in stages, not a guaranteed 7,700 USDT.
Coinbase
New Coinbase users who join through a referral link and make a qualifying purchase within 90 days get a bonus that varies by country, shown as $5 in USDC. Coinbase Advanced referrals pay $5 to $50 based on trading volume in the first 14 days.
FreshForex
FreshForex adds 15% of your first deposit (minimum $100, capped at $500) as real, withdrawable funds, with no trading volume requirement but a rule that deducts the bonus if you pull out more than 30% of the deposit within 60 days.
FXOpen
FXOpen refunds 15% of the trading commission on ECN and Crypto accounts during the first 90 days after registration, credited automatically and withdrawable right away.
FXTM
FXTM automatically enrols traders on Rewards Plus, Rewards and Advantage accounts in a points-based loyalty program where trading earns Reward Points that redeem for withdrawable cash at 500 points to $1.
Phemex
New Phemex users with Advanced KYC can open a random Mystery Box for a first deposit of at least 100 USDT and another for a first trade of at least 100 USDT. The boxes are listed at 10 to 2,000 and 20 to 3,000 USDT and may hold cash, a BTC airdrop, a trading bonus or fee vouchers, so the low end of those ranges is the realistic expectation.
Weltrade
Weltrade matches a new client's first deposit up to 100%, capped at $500 in credit. The credit is never withdrawable, and only profits count once a trading-cost target is met.
AMarkets
AMarkets gives traders who switch from another broker a 20% bonus on an initial deposit of $100 or more, capped at 5,000 USD, credited to a Standard account as non-withdrawable funds you can trade with.
ForexMart
ForexMart adds 30% of every deposit as a tradable bonus credit on ForexMart Classic accounts, withdrawable only after you trade 0.3 lots per bonus dollar.
FxPro
FxPro pays both the referrer and the referred friend a withdrawable $50 cash bonus once each verified account deposits at least $100 and trades 3 lots in forex or metals within 30 days.
JustMarkets
JustMarkets adds up to 120% of a deposit as trading credit for clients in supported regions. The credit is margin only, released into withdrawable funds after heavy lot volume.
M4Markets
M4Markets pays referring clients $5 for every standard lot of FX or metals their referred friend trades, with lower rates on Raw Spread and Premium accounts.
XM
XM gives new clients a $30 trading credit with no deposit required, claimable after SMS phone verification in the Members Area.
AMarkets
AMarkets matches your first deposit 100% as a non-withdrawable credit bonus, up to $10,000 per client, letting you trade with double the margin while only the profits can be cashed out.
ForexMart
ForexMart adds a 20% credit to every qualifying deposit on Classic and Cent MT4 accounts, withdrawable only after you trade a volume equal to the bonus amount times 0.2 standard lots.
Octa
Octa adds 50% of every deposit as a bonus you can use as margin. The bonus itself becomes withdrawable only after you trade a volume of lots tied to its size.
FreshForex
FreshForex credits $50 of trading credit to new clients who register, post a review of the company and redeem a promo code, but the bonus lives only 7 days at a time and converts to withdrawable balance at just $2.50 per closed lot.
FXTM
FXTM clients earn Reward Points worth $10 for every 2,000 Tier Points a referred friend trades, up to $100 per friend. The points redeem for withdrawable cash, but your friend has to trade heavily for you to reach the top.
RoboForex
RoboForex gives new, fully verified clients a 30 USD trading bonus after a card deposit of at least 10 USD, with profits withdrawable and no lot or turnover requirement.
FreshForex
FreshForex credits 300% of each deposit of 100 USD or more as tradable bonus funds (capped at 5,000 USD), which become withdrawable only after closed volume in lots reaches 35% of the bonus amount.
SuperForex
SuperForex credits new, fully verified Standard account holders an $88 no deposit bonus, but you can only withdraw profits (capped at $50) after trading one standard lot per dollar.
ThinkMarkets
ThinkMarkets pays you and a referred friend $15 each once you both deposit at least $50 and place a round-turn trade of $200,000 notional, with the friend given 30 days to qualify.
WhiteBIT
Entering the referral code 20CASHBACK during WhiteBIT registration applies a permanent 20% discount on all spot and futures trading fees from your first trade.
SuperForex
SuperForex adds 50% of every deposit you make as a tradable bonus credit that boosts your margin, with no lot or time requirement to withdraw your profits.
Eightcap
Eightcap adds trading credit to your deposit on a fixed table ($500 on a $1,000 deposit, a 50% match; 20% only at $5,000) that you unlock as withdrawable cash by trading $1.00 worth of credit per standard FX lot.
FP Markets
FP Markets pays existing clients a cash reward of $50 to $200 per friend they refer, based on how much the friend deposits and trades, with the reward withdrawable at any time.
HTX
HTX gives new users referred by an existing member up to five mystery boxes of small random crypto, plus futures trial credit, unlocked by logging in and hitting modest spot or futures trading volume within 14 days.
IC Markets
TradersPartner, an IC Markets introducing broker, gives new referred clients a choice of 100 USD paid by PayPal after trading 50 standard lots or a permanent per-lot commission discount of up to 1.50 USD.
AMarkets
AMarkets pays a per-lot cashback rebate on forex and metals trades, starting at $3 per lot for entry-level traders and rising to $17 per lot only at the top of a five-tier monthly-volume ladder.
BitMart
BitMart's New User Rewards total 13 USDT: a 3 USDT futures voucher for signing up, a 5 USDT spot fee voucher for a first deposit of at least 100 USDT, and a 5 USDT futures trading bonus. None of it is paid as withdrawable cash.
IC Markets
IC Markets matches your first deposit 100% up to $1,000 and every later deposit 50%, up to $25,000 in total non-withdrawable bonus credit that boosts your trading margin while any profits stay yours to keep.
Pepperstone
Pepperstone refunds the commission on up to 20 trades placed on a Razor account, capped at USD 600 total, after a referred client funds the account with at least USD 1,000.
InstaForex
InstaForex adds a 30% bonus to every deposit with no upper limit. Trading profits are withdrawable, but the bonus itself needs X*3 InstaForex lots of turnover, where one InstaForex lot is a tenth of a standard lot.
MEXC
MEXC now advertises $10,000 in new-user rewards, but the bulk is non-withdrawable futures bonus credit. The genuinely usable part is roughly 40 USDT in vouchers.
eToro
eToro pays up to 3.80% annual interest on the uninvested USD cash sitting in your trading account, accrued daily and paid monthly, with no lock-in.
FP Markets
FP Markets covers the monthly cost of a low-latency forex VPS once you deposit at least 1,000 USD and keep trading enough lots each month, so your Expert Advisors run 24/5 without a hosting bill.
HFM
HFM pays an annual interest rate of 2% to 3% on your free margin, credited monthly to your wallet, once you trade at least 5 lots of forex or metals CFDs in a month.
HFM
HFM credits a percentage bonus on deposits into a Top-Up Bonus account, with the rate and cap set per client in the myHF Client Area. Profits are withdrawable, but the bonus credit stays locked as trading margin.
RoboForex
RoboForex pays up to 10% per year on your trading account balance, credited monthly, with the rate set by how many lots of forex and metals you trade each month.
67 more offers we track are not available to residents here.
This page sets out the regulatory reality plainly. The takeaway is that whether a bonus is worth anything depends almost entirely on whether the broker offering it is authorised to deal with Malaysian residents, and most of the loudest offers come from firms that are not.
Retail forex with offshore or unlicensed brokers is something the SC actively warns against. Its Investor Alert List names unauthorised websites, products and companies, and it is updated regularly with new entities, many of them forex and CFD brokers that misuse the names or logos of licensed firms. The list is described as a guide rather than an exhaustive register, so a broker being absent from it is not proof it is safe.
Because the brokers behind most bonus offers are not licensed to deal with Malaysian residents, those bonuses are not reliable offers to act on. A deposit match or no-deposit promotion from a firm on, or eligible for, the SC alert list comes with no local protection: if the broker freezes your withdrawal or disappears, there is no Malaysian authority that can compel it to pay.
If you want to trade, the safe route is a broker that is properly authorised to operate in Malaysia, and to treat any aggressive bonus as a reason to look harder, not to deposit faster. Check the SC alert list and the licensed-entity register before funding any account. The headline number matters far less than whether you can actually withdraw.
Regulates capital market activities and publishes an Investor Alert List of unlicensed and potentially cloned entities, which routinely includes offshore forex brokers soliciting Malaysians.
The central bank, which administers foreign exchange policy and the Money Services Business rules. Dealing in foreign currency outside authorised channels is restricted.
Local currency: MYR
Malaysia has an active retail trading community and uses the ringgit as the account currency, but it is a controlled-currency market: BNM restricts how residents can deal in foreign currency outside authorised channels. That backdrop is why so much retail forex activity drifts to offshore brokers, and why the SC spends so much effort flagging them.
The pattern to watch is the cloned or look-alike broker. Several entities on the SC alert list copy the branding of legitimate firms to appear credible, and a generous bonus is a common hook. Before you trust any promotion, verify the broker on the SC website, check it is not on the Investor Alert List, and be sceptical of offers that seem out of step with what licensed firms provide.
Researched by the BrokerBonuses editorial team. Last reviewed 2026-06-07. · How we research