Malaysia Top 10 Trading Platform

Top licensed stock/CFD brokers in Malaysia

Rakuten Trade (SCBX Group)

SC Licensed Securities Broker

Last verified: Sept 2026

TDX (Stock Exchange of Malaysia)

SC Licensed Securities Broker

Last verified: Sept 2026

Top licensed crypto exchanges in Malaysia

Bitkub

SC Licensed Digital Asset Exchange

Last verified: Sept 2026

Orbix (KasikornBank subsidiary)

SC Licensed Digital Asset Exchange

Last verified: Sept 2026

Gulf Binance (Binance TH)

SC Licensed Digital Asset Exchange

Last verified: Sept 2026

Upbit Malaysia

SC Licensed Digital Asset Exchange

Last verified: Sept 2026

KuCoin TH

SC Licensed Digital Asset Exchange

Last verified: Sept 2026

Z.com EX (GMO)

SC Licensed Digital Asset Exchange

Last verified: Sept 2026

WAANX

SC Licensed Digital Asset Exchange

Last verified: Sept 2026

Licensed Digital Asset Brokers & Dealers

The following entities operate as brokers/dealers under SC Malaysia Malaysia oversight:

Bitazza Coins TH Finansia Digital Asset Maxbit Satoshi/KULAP XSpring Digital

⚠️ Platforms to Avoid (Regulatory Blocking Order)

On 29 May 2025, SC Malaysia Malaysia initiated enforcement action against the following unlicensed platforms, with MDES blocking orders effective 28 June 2025:

Bybit
1000X
CoinEx
OKX
XT.COM

Users are strongly advised to withdraw assets immediately. Note: Binance historically faced enforcement, but now operates legally through its Gulf Binance joint venture (Binance TH).