Brokers Profile
Reviewed by Experts Updated 9/18/2026

Forex.com vs RHB Securities: Which Broker Wins in 2026?

Forex.com and RHB Securities serve very different types of traders, one built for global forex and CFD access, the other for regional stock investing. Our research gives Forex.com the edge overall, though RHB Securities holds appeal for cost-conscious beginners.

OVERALL WINNER
F

Forex.com

4.4 / 5Score: 3 / 5

A globally regulated, multi-asset powerhouse built for serious forex and CFD traders.

Min deposit
$100
Max leverage
1:200
Spread from
0.8 pips
Regulators
FCA, CFTC, ASIC, MAS
RS

RHB Securities

3.3 / 5Score: 2 / 5

A zero-deposit gateway into regional stocks, ETFs, bonds, and funds.

Min deposit
$0
Max leverage
1:2
Spread from
0 pips
Regulators
SC Malaysia, MAS
Overall Winner
Forex.com
Best for Beginners
RHB Securities
Lowest Fees
RHB Securities
Top Regulation
Forex.com

Side-by-side comparison

Core features compared head-to-head.

Feature
F
Forex.com
RS
RHB Securities
Overview
Rating4.4 / 53.3 / 5
Founded19991994
HeadquartersBedminster, USAKuala Lumpur, Malaysia
RegulationFCA, CFTC, ASIC, MASSC Malaysia, MAS
Fees & Limits
Min Deposit$100$0
Spreads From0.8 pips0 pips
CommissionNone$0.1/lot
Max Leverage1:2001:2
Platforms & Markets
Trading PlatformsMT4, MT5, Proprietary Web, Proprietary MobileRHB TradeSmart, RHB Mobile
Markets OfferedForex, Cfd, Stocks, Indices, Commodities, CryptoStocks, Etf, Bonds, Funds

Trading & non-trading fees

Min Deposit

Forex.com

$100

RHB Securities

$0

Spreads From

Forex.com

0.8 pips

RHB Securities

0 pips

Commission

Forex.com

None

RHB Securities

$0.1/lot

Deposit Fees

Forex.com

None

RHB Securities

None

Withdrawal Fees

Forex.com

None

RHB Securities

None

Pros & cons

F

Forex.com

Pros

  • Backed by four tier-1 regulatory licences for stronger trader protection
  • Zero commission trading model simplifies cost calculations
  • Higher leverage ceiling supports more flexible position sizing
  • Broad multi-asset access beyond forex into crypto and commodities
  • Wide platform choice including industry-standard MT4/MT5
  • Higher overall rating (4.4/5) reflecting stronger all-round performance

Cons

  • Minimum deposit of $100 is higher than some regional competitors
  • Spreads from 0.8 pips are wider than RHB Securities's headline rate
  • May offer more complexity than needed for simple equity-only investors
RS

RHB Securities

Pros

  • No minimum deposit makes account opening highly accessible
  • Tighter headline spreads starting from 0 pips
  • Long operational history since 1994 builds institutional trust
  • No deposit or withdrawal fees
  • Simple platform suite tailored to equity and fund investors

Cons

  • Lower overall rating (3.3/5) compared to Forex.com
  • Limited to two regulatory licences versus four for Forex.com
  • Maximum leverage of only 1:2 restricts margin trading flexibility
  • Narrower market range with no forex, crypto, or commodities access
  • Charges $0.1/lot commission despite zero-pip spread advertising

Our expert verdict

Editor's verdict

Overall winner Forex.com
Lowest fees RHB Securities
Best regulation Forex.com
Better for beginners RHB Securities

Forex.com is our top pick in this matchup, earning a 4.4/5 rating compared to RHB Securities's 3.3/5. Forex.com's stronger regulatory framework, multi-asset access, and professional platform suite make it the more complete offering for active traders. RHB Securities still holds genuine appeal for budget-conscious beginners thanks to its $0 minimum deposit and tighter headline spreads. Ultimately, traders wanting global market access and robust oversight should lean toward Forex.com, while those focused purely on low-cost regional equity trading may prefer RHB Securities.

Regulation & Safety

Forex.com is regulated by four separate tier-1 authorities: the FCA, CFTC, ASIC, and MAS. This breadth of oversight spans the UK, US, Australia, and Singapore, giving traders confidence that the broker operates under some of the strictest financial supervision in the world.

RHB Securities, by comparison, is licensed by SC Malaysia and MAS. While these are credible regulators within their respective jurisdictions, the overall regulatory footprint is narrower and more regionally concentrated than Forex.com's.

For traders who prioritize regulatory diversification and cross-border protections, Forex.com's four-licence structure provides a meaningfully stronger safety net.

Fees & Spreads

RHB Securities technically wins on headline spread cost, advertising spreads from 0 pips versus Forex.com's 0.8 pips. However, RHB Securities applies a commission of $0.1 per lot, whereas Forex.com charges no per-trade commission at all.

This means the real-world cost comparison depends heavily on trade size and frequency. Active forex traders executing frequent, large-volume trades may still find Forex.com's commission-free structure more predictable and easier to budget around.

Neither broker charges deposit or withdrawal fees, which is a welcome consistency across both platforms. Cost-sensitive traders should weigh spread plus commission together rather than looking at either figure in isolation.

Minimum Deposit & Accessibility

RHB Securities has a clear accessibility advantage with a $0 minimum deposit requirement, making it exceptionally easy for beginners or smaller-budget traders to open an account without upfront capital commitment.

Forex.com requires a $100 minimum deposit, which remains modest by industry standards but is still a real barrier compared to RHB Securities's zero-deposit entry point.

Traders testing strategies with minimal capital, or those wanting to start small before scaling up, will likely find RHB Securities's entry threshold more welcoming.

Platforms & Market Access

Forex.com supports MT4, MT5, and its own proprietary web and mobile platforms, giving traders flexibility across industry-standard and in-house tools. Its market range spans forex, CFDs, stocks, indices, commodities, and crypto, appealing to diversified, multi-asset traders.

RHB Securities offers its own RHB TradeSmart and RHB Mobile platforms, focused on stocks, ETFs, bonds, and funds. This narrower platform and asset selection suits traders concentrated on regional equity and fund investing rather than global forex or CFD trading.

Traders who value the familiarity and charting depth of MT4/MT5, or who want exposure to crypto and commodities, will find Forex.com's platform ecosystem considerably more versatile.

Leverage & Trading Conditions

Forex.com offers leverage up to 1:200, giving forex and CFD traders considerably more capital efficiency for margin-based strategies. RHB Securities caps leverage at a conservative 1:2, reflecting its equity-focused brokerage model.

This gap in leverage is one of the starkest differences between the two brokers and largely stems from their differing core business models, forex/CFD trading versus traditional stock brokerage.

Traders seeking leveraged forex or CFD exposure should recognize that RHB Securities is simply not built for that purpose, while Forex.com is purpose-built for it.

Our Verdict

Weighing regulation, platform variety, leverage, and overall market access, Forex.com earns the stronger overall rating at 4.4/5 versus RHB Securities's 3.3/5 in our research.

RHB Securities remains a legitimate, low-barrier option for beginners or those focused strictly on regional stocks, ETFs, bonds, and funds with no upfront deposit requirement.

For the majority of active forex and CFD traders seeking robust regulation, diverse markets, and flexible leverage, Forex.com stands out as the more complete and future-proof choice.

Verdict summary

The bottom line — category winners and our final pick based on ratings.

Editor's verdict

Forex.com wins overall

Forex.com edges out RHB Securities overall based on our expert rating score.

F

Highest Rated

Forex.com

4.4 / 5 / 5

Visit Forex.com

Category winners

  • Overall winner

    Based on overall expert rating (4.4/5).

    Forex.com
  • Better for beginners

    Stronger onboarding and educational resources.

    RHB Securities
  • Lower trading costs

    More competitive spreads and baseline commissions.

    RHB Securities
  • Stronger regulation

    Higher trust based on tier-1 regulatory oversight.

    Forex.com

Frequently asked questions

Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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