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How do I deposit funds into my trading account using Local Money Transfer in Malaysia?Learn how to deposit funds using Local Money Transfer in Malaysia via the Axi Client Portal, including supported payment methods, minimum deposit requirements, currency conversion, and steps to complete your online bank transfer or e-wallet payment successfully.
Updated 2 months ago

Important: This method is only available to residents of Malaysia.

Follow the steps below to deposit funds into your trading account:

  • Login to the Axi Client Portal.
  • Navigate to the "Funds" section on the left-hand menu.
  • Choose the "Deposit" option from the top menu.
  • Select the trading account you want to fund by clicking “Add Funds”.

Important: If you have multiple trading accounts, make sure you choose the correct account number. Depositing funds into the wrong account may result in a delay if an additional internal transfer is required.

  • Select your preferred funding method: “Local Money Transfer”.

  • Enter the deposit amount in either MYR or USD (the system will automatically display the equivalent in the other currencies).

Note: The exchange rate is system-generated and refreshes every 10 minutes. Axi does not have control over these updates.

 A screenshot of a computer AI-generated content may be incorrect.

  • Click “Continue”.

Important: Each deposit method has a different minimum deposit amount. This will be displayed in the Client Portal. If you enter an amount below the minimum, you will not be able to proceed with the deposit. 

  • You will then be taken to a confirmation page. Double-check all your details and click “Make Deposit” to submit your request. 

A screenshot of a banking account AI-generated content may be incorrect.

  • Click “Make Deposit” to proceed. 

Important: Do not save the bank account details, as they are unique to each transaction. Each payment requires a new transaction, as the recipient’s account details may change frequently. 

  • After confirming, you will be taken to the “Local Money Transfer” page. On this page:
    • Select your Payment Method: choose either “Online Bank Wire” or “eWallet
      • If you select “Online Bank Wire”, choose your preferred bank, enter your username and password, and follow the on-screen prompts.
        A screenshot of a mobile payment method AI-generated content may be incorrect.A screenshot of a mobile payment method AI-generated content may be incorrect. A screenshot of a login screen AI-generated content may be incorrect.
      • If you choose “eWallet”, select your preferred e-wallet option and then click “Pay with [your chosen] QR”, enter your e-wallet ID to proceed.  Note: Your e-wallet account number is your e-wallet ID.
        A screenshot of a payment method AI-generated content may be incorrect.A screenshot of a mobile payment method AI-generated content may be incorrect. A screenshot of a computer AI-generated content may be incorrect.
  • Once the deposit is successful, you will see a notification and the amount you added will be reflected in the corresponding MT4/MT5 account. 

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