After a great performance in 2015/16 UEFA Europa League playoffs, nearly qualifying for the group stage, FC Stal Kamianske (owned by another Armenian) decided to purchase his and his older brother's services.

In July 2018 he left the organized Stal Kamianske (Feniks Bucha) and returned to Armenia to join the newly created Ararat-Armenia.

[clarification needed][citation needed] Besides his tackling and marking (defensive IQ), he makes the difference mostly because of his passing and dribbling - more often than not making contact with the ball in the deep midfield, to either pass or dribble past defenders and give shape to the offense's first few touches.

[citation needed] Such resources could be for instance spotted easily in Armenia's epic[peacock prose] 3–2 win over Montenegro for the 2018 FIFA World Cup qualifiers, imposing his "touch and go" passing on his teammates.

Technically gifted and in a position where there are not many Armenian players at his level, Malakyan is set to be one of Armenia's near future biggest talents.