7 Best Prop Trading Firms in Malaysia in 2026

trading-tools-resources | 24-09-25

Best Prop Firms in Malaysia

Prop trading in Malaysia is legal as an Independent Contractor service. For Futures, Apex Trader Funding is the top choice for its low-cost RM-equivalent fees. For Forex/CFDs, FundedNext and FTMO are the preferred picks due to their high 90% profit splits and reliable payouts via Wise or Crypto directly to local bank accounts (Maybank, CIMB). Note: Payouts should be declared as Business Income to LHDN to ensure 2026 tax compliance.

Top 7 Prop Firms in Malaysia

🇲🇾 2026 Malaysian Financial Guide: Payouts & Taxes

In 2026, the Inland Revenue Board of Malaysia (LHDN) has moved to a fully digital, automated tracking system. To avoid penalties and professionalize your trading, follow this Form B Strategy.

1. Register as a Sole Proprietor (SSM)

You do not need a complex Sdn Bhd (Private Limited) structure. A simple Sole Proprietorship registered with the Companies Commission of Malaysia (SSM) is sufficient.

• The Benefit: It grants you a Business Registration Number, which is required by many payout providers (like Deel) to process larger USD-to-MYR transfers.
• The Cost: Approx. RM30–RM60 per year.

2. The Form B Advantage (e-Filing)

As a prop trader, you are a service provider earning Business Income. You must use Form B (for individuals with business income) rather than Form BE (for employees).

• Deductible Expenses: This is your biggest win. Under Form B, you can deduct legitimate business costs from your total profit before being taxed.
• The Deadline: Ensure e-Filing is completed by July 15, 2026.

Pro-Trader Deductions Checklist:

• ✅ Evaluation and Reset Fees (Apex/FTMO/Topstep)
• ✅ Platform Subscriptions (TradingView, NinjaTrader, WealthCharts)
• ✅ Trading Education & Books
• ✅ High-speed Internet (Pro-rated for business use)
• ✅ Home Office Utilities (Pro-rated)

3. Avoiding Hidden Bank Fees

Do not withdraw directly to a local credit card. Instead, receive your payout in USD/EUR via Wise. Convert to MYR at the mid-market rate within Wise before sending it to your Maybank or CIMB account. This typically saves you 3.5% in hidden currency conversion spreads charged by traditional banks.

2026 Mobile Performance Comparison

Analyst Note: Since most Malaysians trade the "KL Night Session" (9:30 PM+), Tradovate is the winner for mobile users. Its cloud-native architecture reduces the "lag" often felt on local 4G/5G networks compared to the heavier Rithmic or MT5 desktop-to-mobile bridges.

1. Apex Trader Funding

Apex leads the way for Malaysian traders interested in futures trading strategies. Its evaluations are affordable, profit splits are generous, and the first $25,000 payout is fully trader-owned. Apex enforces rule-based discipline with daily loss limits and trailing drawdowns, which encourages traders to create strategies around risk management and consistency. With platforms like Rithmic, Tradovate, and WealthCharts, Traders can practice strategies on the same tools used globally by professionals.

2. FTMO

FTMO remains one of the most recognizable prop firms worldwide, and it resonates strongly with Malaysians. Its transparent dashboards and risk-focused evaluations test a trader’s ability to apply strategies steadily across varying conditions. Rather than rewarding short bursts of luck, FTMO highlights the importance of sustainable approaches, making it a proving ground for disciplined strategy builders.

A trader’s edge is not the setup they use, but the discipline with which they repeat it.

3. FundedNext

FundedNext is popular among Malaysian traders for its flexible accounts and scaling models. It allows traders to adapt strategies to different rule sets while keeping discipline intact. For those testing multiple approaches — from day trading setups to longer-term plays — FundedNext’s variety of options makes it a versatile platform for strategy development.

4. The 5%ers

The 5%ers take a low-risk, gradual growth approach that appeals to traders who prefer steady progress. Its scaling model rewards consistency, making it well-suited for strategies that focus on incremental gains rather than big risks. This firm’s emphasis on slow and steady growth inspires Malaysians to refine strategies that prioritize capital preservation alongside profitability.

5. City Traders Imperium

City Traders Imperium is known for its education-first model, blending evaluations with mentorship. For Malaysian traders, this is especially valuable because it not only provides funding but also helps traders refine strategies through structured guidance. By connecting strategy learning with real evaluations, CTI demonstrates how knowledge and practice go hand-in-hand.

6. Topstep

Topstep is a well-established name in the global prop trading space and offers Malaysian futures traders a structured pathway to develop their strategies. Its challenges are designed with clear rules, scaling milestones, and accountability, giving traders the chance to test discipline in a professional-style environment. With coaching resources and transparent evaluations, Topstep emphasizes strategy building over risky shortcuts — making it a strong choice for those seeking long-term consistency.

7. The Funded Trader

The Funded Trader has grown rapidly with a community-driven model, offering flexible evaluations that adapt well to different trading strategies. Malaysian traders benefit from its emphasis on adaptability, making it an attractive option for those refining strategies across varied market conditions. Its collaborative approach adds inspiration, showing traders that growth can be both personal and shared.

Trading Smarter: Strategies for Prop Firm Success in 2026

With stricter oversight and tougher competition, Malaysian traders need more than just enthusiasm — they need well-tested strategies. Some of the most effective approaches include:

The "KL Night Session" Strategy

Most Malaysian traders are "night owls" by necessity. Since the US New York Open occurs at 9:30 PM MYT (or 10:30 PM during DST), your strategy must account for late-night volatility.

• Apex/Topstep Advantage: Trading the Nasdaq (NQ) or S&P 500 (ES) during this window provides the deepest liquidity for Malaysian traders.
• The "News Blackout" Trap: High-impact US data like CPI or Non-Farm Payrolls (NFP) usually drops at 8:30 PM or 9:30 PM MYT. Ensure your strategy includes a "Flat" rule during these minutes to avoid the massive slippage that often triggers "Kill Switch" liquidations.
• Risk Management First – Always respect daily loss limits and overall drawdown rules. Success isn’t about hitting home runs but about preserving capital and showing steady growth.
• Match Strategies to Firm Rules – The top prop firms operating in Malaysia each have different strengths — from performance models to evaluation styles. Traders should align their approach with the rules of the firm they choose, ensuring their strategy has room to breathe.
• Adopt Repeatable Systems – Backtest your strategy thoroughly, then forward-test on a demo before starting a challenge. Whether manual or algorithmic, consistency matters more than creativity.
• Control the Mindset – Avoid the “challenge mentality” of rushing to pass quickly. Trade as if you are already funded: follow your plan, stick to daily goals, and manage emotions like FOMO and revenge trading.
   

The takeaway for 2026 is simple: discipline beats shortcuts. In Malaysia’s maturing prop firm space, the traders who thrive are the ones who treat it as a professional endeavor with structure, patience, and resilience.

The most successful traders in Malaysia aren’t chasing shortcuts — they’re building habits that survive every market condition.

Final Thoughts

Prop firms are not just gateways to capital — they are platforms where strategies are built, tested, and proven. Apex, FTMO, and others provide the structure, but it’s the trader’s discipline and planning that create real results.

The lesson is clear: strategies that respect rules and focus on consistency will always outlast shortcuts. Start your journey with Apex Trader Funding’s proven structure. Explore the 50K Tradovate or 50K Rithmic accounts to refine your strategies and build consistency.