Should we choose a broker in our own region?

Do I have to pay Taxes (while withdrawal or deposit) for opening broker from overseas?
what is the advantages and disadvantages for choosing broker from oversea?
anyway I’m from Malaysia and FxOpen is the only local broker i would probably going to choose… however i have a few choice in mind, FxCM, Oanda, or Instaforex, and would like to know the advantages for choosing broker in my local… sorry for bad english, i’m asian.

You should ask a licensed tax professional about the implications of trading in your region. If you make losses you may even find that you can offset your tax with your trading losses (depending on local law of course).