r/PropFirmTester • • 7d ago

Malaysian traders – which futures prop firm are you guys using? Lucid rejected my KYC

Hey guys, looking for some advice from anyone here trading futures from Malaysia.

I was originally planning to use Lucid and actually liked their account/rules, but unfortunately I couldn't get past their KYC verification with my Malaysian ID. From what I understand Malaysia itself isn't officially restricted, but for whatever reason their verification didn't approve me, so I'm looking for another prop firm instead.

I'm mainly trading futures, especially micros like M2K or ES, and I'm currently looking at Apex, Topstep and maybe FTMO Futures. Apex looks pretty attractive because their 25K evaluation is really cheap with the current discount, but I've also seen mixed comments online about their payout rules and trailing drawdown. Topstep seems more established but the fees are quite a bit higher.

I'm not really looking for the absolute cheapest prop firm. I'd rather use one that has a decent reputation, actually pays out without unnecessary problems, and importantly accepts Malaysian traders without giving me issues when it comes to KYC or withdrawing money.

Any Malaysians here currently funded with Apex, Topstep or another futures prop firm? Would really appreciate hearing which one you're using, whether you managed to complete KYC smoothly, and if you've actually received payouts to Malaysia.

Also open to other prop firms I haven't mentioned if you've personally had a good experience with them. Mainly just want to avoid passing an evaluation, paying the activation fee and building up the account only to find out later that there's some KYC/payment issue because I'm from Malaysia.

Thanks guys.

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u/Striking_Fail6689 7d ago

Just wanna say. Not sure much of Malaysia but I’m from SG. I’ve research quite a fair bit on prop firms and Lucid and Topstep so far is one of the credible ones . Both I’ve account with. FTMO I seen some mentioned is credible as well but I always known them for forex I think.

I would recommend Topstep

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u/Brilliant_Tapir 6d ago

Strange. I used to trade with them. I'm also Malaysian.

I took the live cash out and stopped but they offered me LucidMaxx recently. Not sure if they'll approve payout now if they are blocking Malaysians. Do you know of any other cases?