07 Jan How to start trading Binary Option in Malaysia?
So you want to start trading Binary Option and make boatloads of money with Binary Option in Malaysia? Well you certainly are at the RIGHT place, with years of trading experience and knowing the ins and outs of trading Binary Option PROFITABLY – we’ve listed out some of the biggest things you should know before you get started trading Binary Option in Malaysia.
Binary Option Trading today is becoming more and more popular amongst traders – both experienced and beginners alike. In fact a number of forex traders are switching over to trading binary option due to the simpler trading technique as well as the significantly higher fixed payouts that promised with trading binary option.
We talk about some of the best practices you can employ if you’re looking to get started to trading binary option from Malaysia in a profitable manner in this comprehensive article below from Marketpotentials.com
Binary Option in Malaysia | Understanding Binary Option
Let’s get started by understanding exactly what is Binary Option trading. Binary Option Trading basically means getting the DIRECTION of the price of an underlying asset right. Underlying assets can be anything from forex pairs, stocks, commodities or even cryptocurrencies.
What’d you’d have to do in Binary Option trading is basically place a ‘bet’ that the underlying asset will either DEPRECIATE or APPRECIATE in a given TIME period. These time periods can be as short as 30-seconds to a couple of minutes long – depending on what you’re looking for.
Binary Option Malaysia | Return on Investment (ROI)
One of the main reasons binary option trading is getting so popular in Malaysia 🇲🇾 and beyond is because of the very attractive return on investment traders stand to gain from it. In Binary Option trading, it is not unusual to gain a minimum of 70% to more than 90% return on your investment (ROI) with binary option trading in Malaysia.
As you can imagine this offers a very attractive way to grow your wealth in no time by trading binary option. Can you imagine being able to gain those kind of returns on a daily basis? Imagine the potential it offers and the what it would mean for you as a trader financially.
The best part is also that binary option trades can be as short as 30 seconds in duration to a few minutes long if you wish. As you can imagine this offers traders the chance to then make hundreds of such trades per day if you’d like to. Hence if you wish to, you could literally more than double your investment in binary option trading easily in a single day. Now imagine trading with just USD 500 a day and you can quickly see how this would turn into USD 1000 and snowball into a much larger amount in no time at all!
Binary Option in Malaysia | What you MUST Know
Now there are a couple of things you should know before getting started with Binary Option in Malaysia, and we’ve listed them down for you to check out.
- Choose a REPUTABLE Broker – Now this will be SINGLE factor that will determine whether or not you’re going to be PROFITABLE in Binary Option trading. Having traded Binary Options over 8 years and dealing with multiple brokers – our TOP PICK without a doubt is the IQ OPTIONS. You can check out the FULL REVIEW of IQ Options HERE. In short IQ OPTION is a fully REGULATED Binary Option broker in the European Union (EU) and is one of the oldest broker involved in offering Binary Options trading. It also features one of the most attractive platforms for trading Binary Options and charges low commissions per trade executed in the market.
- Always start trading with an amount you can AFFORD to LOSE – Now there are NO two ways about this. When you first start with Binary Options trading – you will make MISTAKES – anyone who says otherwise is basically lying to your face. With IQ OPTIONS you can trade from as low as USD 1 per trade or just over RM 4! Once you get the basics right and understand what exactly you’re doing – go ahead and bump that up just as we do in our trading videos – earning over USD 1000 (or over RM 4000) in profit PER TRADE. Yes, that’s pretty much your average Malaysian monthly salary in PROFIT earned per trade! Why do you think we are in this Business? 😛
- Know yourself. In trading often the difference lies in the trader rather that the instrument. As such it is critical that you understand yourself and hwo you react under stress. Learn to manage your expectations clearly and understand your emotions. Trading Binary Options is NOT a GET RICH QUICK method – but a means of trading consistently and profitably with Binary Options will easily double or triple your wealth in no time at all.
Binary Option in Malaysia | Deposits & Withdrawals
One of the main reasons we highly recommend IQ OPTIONS as the Number #1 choice for traders based in Malaysia is simply for the ease of which deposits and withdrawals can be done on the platform. Deposits can be made via Bank transfer from your CIMB, Maybank, RHB, Public Bank, RHB, Hong Leong bank amongst others instantly. Other than that you could also opt to deposit money into your trading account with your credit card (Mastercard/Visa) or via various e-wallets supported such as Skrill or Neteller.
Withdrawals from the IQ OPTIONS platform is processed within 24 hours and is available in your bank accounts typically within 3 to 5 working days thereafter. All of which means it’s simply a perfect fit for Malaysian traders and offers your the peace of mind knowing that your money is safe and is kept with a reputable trader and broker.
Binary Option Malaysia | Get Started Easily Today
Now that you know a little about Binary Option in Malaysia and are ready to get started – SIGN UP for your FREE IQ Options Account HERE and get your trading account setup easily in no time at all and start earning a SIGNIFICANT passive income by trading Binary Options successfully starting this year 2020.
Binary Option in Malaysia today offers one or the most attractive ways possible to grow your wealth by trading. The simplistic manner of trading as well as the easy to understand platform and concepts in binary option trading means that it is easily executed by traders – both beginners and more experienced ones alike.
So what are you waiting for? Grow your wealth today with Binary Option trading in Malaysia by simply signing up for your free trading account below with one of the biggest binary option brokerages in the world with IQ Option Malaysia.