Is Binary Options legal in Malaysia?

Is binary options trading legal in Malaysia? 

Stock options and index options are quite popular among traders. These are classified as speculative trading. It is completely legal in most of the countries. It is legally carried out through exchange houses in many countries. In Stock options and index options carried out through these exchanges, the trader has the right but no obligation to buy or sell the actual underlying asset. So the answer to “Is binary options legal in Malaysia?” is, yes – it is legal to trade binary options in Malaysia.

On the other hand, when it comes to Binary Options, traders raise the question of their legality. Like any other speculative trading instrument, in binary options, the trader does not physically buy or sell the underlying asset. However, some additional restrictions apply when it comes to binary options trading. It can not be carried over. The trader has no right or obligation to buy or sell the underlying asset. Binary options are usually not carried out through any exchange house.

Because of the above aspects of Binary options, they are restricted and considered illegal in a few countries. However, most countries consider them a speculative trading instrument, and it is legal to trade binary options.

Is Binary Options Trading Legal in Malaysia?

There are no such rules that refrain Malaysian residents from trading binary options. Binary options trading, such as Forex and stock options trading, is legal in Malaysia. However, traders must be careful to protect themselves from scam brokers. It is best to trade with reputed and regulated brokers. And it’s not wise to select some brokers just because of their attractive offers, as most of the new and unregulated brokers make such too-good-to-believe offers to trap clients.

Although binary options are legal in Malaysia, traders must verify their legality and their personal tax obligations. They must be aware of the risk factors involved and know that it’s a high-risk investment. It is important to note that Binary options trading may not be suitable for everybody because of the high risk involved with it.

Which are the legal Binary Options Brokers in Malaysia?

Several online trading platforms offer Binary Options trading in Malaysia. IQ Option, Expert Option, and Pocket Option are among the most trusted names in the industry.

IQ OPTION

IQ Option is one of the most trusted names for Binary Options trading in Malaysia. It is legal to trade with IQ Options in Malaysia. IQ Option LLC is a registered broker with registration details: IQ Option LLC, Registration No. 905 LLC 2021, with Address: Hinds Building, Kingstown, St. Vincent and the Grenadines. IQ Option accepts Malaysia traders for online trading activities. It is a legal entity that accepts Malaysian traders for Forex, CFD, and Options trading.

EXPERTOPTION

ExpertOption is another Fixed-Time Trades provider accepting traders from Malaysia. It offers 1 minute to 5 minutes trades and trades with hourly expiry. ExpertOption is registered in St. Vincent and the Grenadines and complies with the regulator. It has a number of funding methods for easy deposit and withdrawal in Malaysia. With ExpertOption, traders can trade Options legally in Malaysia.

* Amount to be credited to account for a successful trade.
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