IFCCI
IPTI PLATFORM PROFILE

Webull Malaysia

Newest SC-regulated commission-free trading platform in Malaysia

Webull Malaysia logo

Webull Securities (Malaysia) Sdn Bhd

MalaysiaEst. 2023Multi-Asset
RegisteredReview CompleteActive
6.2/10

Developing Transparency

High Confidence

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No significant risk signals detected

Platform Overview

Webull Malaysia is a Securities Commission Malaysia-regulated brokerage launched in 2023, offering commission-free trading on Bursa Malaysia securities. The platform provides advanced charting tools, real-time market data, and fractional share investing capabilities. Webull aims to attract a new generation of Malaysian retail investors with its technology-forward approach.

Company Information

Registered Company Name
Webull Securities (Malaysia) Sdn Bhd
Brand Name
Webull
Headquarters
Malaysia
Year Established
2023

Transparency Signals

Confidence LevelHigh
Transparency & Disclosure
High
Regulatory Intelligence
Developing
Consumer Protection
Moderate
Reputation & Market
Developing
Key Strength

Strong transparency across key operational dimensions

Key Concern

No significant concerns identified

Trust Dimension Breakdown

Transparency & Disclosure
9.5Exceptional Transparency Signals

Measures the completeness and verifiability of platform disclosures including regulatory filings, operational transparency, and transparency improvement efforts.

Regulatory Intelligence
5.4Developing Transparency Signals

Evaluates regulatory standing, jurisdictional oversight quality, institutional engagement, and regulatory tier classification.

Consumer Protection
6.0Developing Transparency Signals

Assesses fund safety mechanisms, complaint history, complaint resolution track record, and customer service quality.

Reputation & Market
4.2Limited Transparency Signals

Reflects market standing, research commentary, expert-assessed execution quality, and liquidity reliability.

Operational Reliability
5.0Developing Transparency Signals

Evaluates platform uptime, technical reliability, customer service responsiveness, and operational transparency.

Industry Integrity
3.1Limited Transparency Signals

Measures industry contribution through education initiatives, research collaboration, ESG programs, and investor awareness efforts.

Regulatory Intelligence

Brand Name

Webull
Malaysia
Self-Declared

Regulatory References

SCPrimary Registry
CMSL Licensed

Regulatory information displayed here is compiled from public registries, third-party sources, and platform self-declarations. IFCCI does not guarantee the completeness or accuracy of this information. Always verify directly with the relevant regulatory authority.

Regional Market Signals

🇲🇾
🇲🇾

Malaysia Market

ReputationWell Established
Complaint DensityLow
Market Presence3 years
Local Office
Local Regulation
🌏
🌏

Asia Pacific

ReputationWell Established
Complaint DensityLow
Market Presence3 years
🌍
🌍

Global Market

ReputationGrowing
Complaint DensityLow
Market Presence3 years

Regulatory Licenses

Tier 2SC
License Type
Capital Markets Services Licence
License Number(s)
CMSL Licensed
License Status
Active

Internal Transparency

Regulatory Transparency
Available1.00/1.0
Operational Transparency
Available1.00/1.0
Platform Reliability
Limited0.65/1.0
Consumer Protection
Available1.00/1.0
Market Transparency
Available1.00/1.0
RegulatoryOperationalReliabilityConsumerMarket

Transparency profile visualization

Trading Conditions

Trading Platforms:Webull AppWebull Desktop
InstrumentSpread
EUR/USDN/A
GBP/USDN/A
USD/JPYN/A
XAU/USDN/A
Commission
0.03% (MY shares); $0 (US shares)
Inactivity Fee
None
Deposit Fees
Free
Withdrawal Fees
Free
Withdrawal Processing Time
T+2 (settlement)

Platform Infrastructure

Safety & Protection

Segregated Funds
Negative Balance Protection

Operational Details

Supported Languages
English, Malay, Chinese
Support Channels
Live ChatEmail
Payment Methods
Bank TransferFPX

Community Snapshot

0
Total Reports
0
Verified
0
Under Review
0
Resolved
0
Total Reviews
Data as of:2026-02-18
Last Verified:2026-02-18

Platform Comparison

 
Webull Malaysia logo
Webull Malaysia
IG logo
IG
Regulatory TierTier 2Tier 1
Transparency Signals9.4/109.5/10
Minimum DepositMYR 0$250
Maximum LeverageNoneUp to 1:200
Spread TypeCommission-basedVariable
Execution ModelDMAMarket Maker
Year Established20231974
Trading Products210

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Information presented is compiled from publicly available regulatory sources and user submissions. IFCCI does not make recommendations or endorsements. Users should conduct independent due diligence.

Legal Disclaimer

The IFCCI Transparency Programme is an independent research initiative and does not constitute regulatory supervision, professional financial advice, or official compliance certification. All findings represent research-based observations intended to contribute to financial industry transparency discourse and informed evaluation. FinScope is a technology platform developed to support the programme’s public-facing digital interface.