The Malay language is a major language spoken in East Asia, primarily spoken among the people of Malaysia. It is spoken by approximately 290 million people in Asian and around the world. There is a huge demand for Malay speaking trading brokers to service this market. Therefore, Malay speaking trader should have no problem at all finding a reputable trading brokerage servicing and supporting their language. Most of the Malay supported trading brokers are based in Malaysia or other Asian countries, but international brokers exist as well. However, Malay supported brokers based in Asia will usually offer better support services as they are native to the language and have more representatives.show more
Most of the Malay speaking brokers target traders residing in Malaysia as this is where the most Malay speaking reside. Therefore, the most commonly accepted currency among Malay speaking trading brokers is the Malaysian ringgit for deposits and withdrawals. However, this is usually not the only accepted currency among Malay supported trading brokerages. These brokers often accept the Japanese yen, Chinese renminbi, or Hong Kong dollars as well. Additionally, the international Malay brokers usually accept major currencies such as the euro, US dollar, and UK pound. If you are ever unsure of which currencies a specific Indonesian trading brokerage accepts, simply navigate to their banking page or FAQ section on their website, here you should be able to find a list of supported currencies.
Malay supported trading brokers usually accept traders from all around the world. They tend to be more international than location specific trading brokers. However, the most commonly accepted countries among all the Malay brokers are Malaysia, Brunei, Indonesia, and Singapore. Some other commonly serviced countries include the western coast of Sarawak and West Kalimantan in Borneo. International brokers supporting Malay will generally service countries in Europe and North America as well. To find out if your country is accepted by a certain broker, you can find out by going into the registration page and clicking on the country menu. Alternatively, you can contact the support department and get an answer from a representative.
Malay supported trading brokers are generally multilingual brokers because the Malay language is often mixed in with other languages throughout East Asia. Many of the countries serviced by Malay trading brokers have large populations who speak other languages other than Malay. Some of these alternative supported languages include English, Chinese, Japanese, Indonesian, and Thai. As a trader, you can easily see which languages are supported by an online trading broker by toggling the flag icon found in the top right-hand corner of most broker websites.
Malay trading brokers offer various methods of banking with them through depositing and withdrawing funds. The most common methods of deposit accepted by Malay speaking brokers are debit/credit cards, bank wire transfer, and e-wallet transfers. Many will accept deposits through e-vouchers and prepaid cards as well. Depending on the region, there will be different options available to Malay speaking traders. An important aspect to remember before making a deposit is to know how you will withdraw funds, some online brokers will restrict withdrawals to different methods from deposits.