Hello Malaysia 🇲🇾! Now if you’re reading this article, you’re obviously interested in learning how you can start trading Binary Options from Malaysia and how you too could start to earn thousands of dollars in profit as well. Mind you that’s in US dollars – USD as well!
‘Kita semua nak untung juga kan?’
So here is the detailed step-by-step guide on how you can immediately start trading Binary Options from Malaysia this year 2020 and start earning some serious cash in no time at all.
At Marketpotentials.com we are on a mission to demystify the world of Binary Options trading to beginners and experienced traders alike to truly focus on what matters – that is making profitable trades consistently!
Getting started with Binary Options | Malaysia
Now if you’re in Malaysia – the first thing you’d want to do is sign up for a FREE IQ Option Trading Account. The free trading account allows you access for you to check out the various instruments available on the platform such as stocks, forex, cryptocurrency, binary option trades and various others! You also get immediate access to a full-fledged Demo account to practise trading on, for grab your FREE Trading Account HERE.
IQ Option is the ONLY Binary Options trading account you can use from Malaysia that allows deposits and withdrawals instantly from partner local banks such as CIMB, Maybank Hong Leong and various others. This means you can make direct deposits and withdrawals instantly from your trading account with the local partner banks – which is not available with other binary option brokers.
For an in-depth and a fully comprehensive review on the IQ Option trading platform and how you can grow your wealth with our REVIEW HERE if you’d like.
Trading with IQ Options from Malaysia, makes the process of depositing funds and more importantly of withdrawal seamless and easy. Withdrawals are typically processed within just 24 hours and available in your local Malaysian bank account within 3 working days thereafter. Jut click on the link below to get started with your free account.
IQ Option Account Verification | Malaysia
Great! Now that you have got your IQ Option trading account opened up. The next step would be verify your account accordingly. This is part of trading account compliance and Know-Your-Customers (KYC) requirements that most financial bodies adhere too.
As IQ Option is a leading Binary Option provider and fully licensed in the European Union (EU) – they too have to follow this requirement. It is also only a one-time process for new traders.
Here are two reasons why new account verification is necessary are:
- CySEC (a financial regulator similar to Bank Negara Malaysia in Europe) can only compensate traders who can prove they had deposited funds with the broker in case it goes under. A verified account is all you need.
- Account verification allows IQ Option to adhere to international laws that prevent money laundering.
The new IQ Option account verification involves the following steps :
Email account verification | Binary Option Malaysia
This is a very straight forward method of verifying the email you used for signing up your IQ Option account. A link will be sent to you after you have completed the initial signup. Just go ahead and click the link in the email sent from IQ Option to ensure that you’re using a valid email address, and you’re good to go. That’s it!
Phone number Verification | Binary Option Malaysia
The next step is to do a quick phone number verification which will involve keying in a code sent by IQ Option when asked to.
This ensures that you’re in possession of a valid phone number used to sign up for the IQ Option trading account. This is also quite straight-forward.
Identity Verification | Binary Option Malaysia
The final new account verification step will involve proving a valid identification document to prove you are basically who you say you are.
As the entire new account sign up process is done online, this is a key step of validating your IQ Option trading account successfully. The use of any national identification cards, passports or a driving licence is allowed. So if you’re from Malaysia, then all you have to do is provide a snapshot of your NRIC (National Registration Identity Card) or MyKad to complete the process without any issues.
Trading Binary Options Profitably | IQ Option Malaysia 2020
Syabas! Now that you are all set-up with your brand new powerful IQ Option trading account, it’s time to put it to some good use and start earning some serious cash. Did we already mention that you stand to earn USD in each profitable trade? Now imagine the potential earnings in Malaysian Ringgit!
You’d have to start by funding your trading account with a deposit to start trading in binary options, stocks, forex etc. The minimum deposit is only USD 10 or just about RM 40 to start with.
You can easily fund your new IQ Option trading account by using a valid credit card or debit card (Mastercard/Visa). There are no additional surchages for using cards to top-up your trading account, which is a great thing!
You could also fund your account using various electronic wallets that is supported, such as Neteller, Skrill, WebMoney and various others.
Alternatively for Malaysian based traders you could easily do a bank transfer via FPX enabling the use of direct bank transfer from various local banks such as CIMB, Maybank, Hong Leong, Ambank, RHB etc.
This just makes it super easy fund your account as well as to withdraw the attractive returns from successful trades into your bank account.
Now that you have got some ‘moolah’ or cash in your brand new trading account – let’s get cracking! The key to making serious money in trading Binary Options online is knowledge and timing. Knowledge as you obviously need some background info to know how to trade them successfully. Timing because trading Binary Options whilst simple – does depend on the timing of entering the trade to a fair extent.
So let’s get started, there are a couple of things you’d want to learn before you start throwing serious money into making money from Binary Options.
The first thing to learn is going to be all about – TECHNICAL ANALYSIS. What is this all about? Well simply put it’s the art of analysing charts to find out the direction it’s heading to, or to predict a pattern. If you’re a total beginner then check out these RESOURCES below :
If you already are familiar with stocks or forex investing – then you’re the perfect person to start trading Binary Options profitably in no time as you probably already have some background knowledge in technical analysis. You really do not need to be an expert in technical analysis to trade profitably in Binary Options – but you do need to able to identify some trends and changes that happen in order to pick profitable trading opportunities accordingly.
Binary Option Trade Malaysia | Live on March 2020
Check out a recent trade of ours below that netted us a profit of USD 1959 or over RM 8325 in under 5 minutes of Binary Options trading LIVE on 14 March 2020 on our recent visit to Kuala Lumpur, Malaysia.
If you like the video above do hit the SUBSCRIBE button and give us a LIKE so that we con continue posting such videos that continue to make learning Binary Options for our subscribers who are interested in making profitable trades online.
Happy trading and till the next trade – Happy hunting!