Best answer: Can I use IQ option in Malaysia?

You can deposit in Malaysian Ringgit (MYR). … Wire transfer from your Bank account in Malaysia to your IQ Option account. Very popular: fast (1 – 5 minutes), secure and very straightforward to use. We accept transfers from the following Malaysian banks: AmBank, CIMB Bank, Hong Leong Bank, Maybank, Public Bank, RHB Bank.

What countries is IQ Option available in?

For your convenience, IQ Option has toll-free phone numbers available in the following countries: United Kingdom, Brazil, South Africa, India, Singapore, Thairland, Colombia, Australia, Mexico, Portugal, Spain, Argentina, and Chile.

Is option trading legal in Malaysia?

Answer: The trading of binary options is legal in Malaysia, provided trading is conducted with binary options brokers who have obtained an OTC derivatives license.

Which trading platform is best in Malaysia?

Best Trading Platforms Malaysia Reviewed

  • FXVC – Overall Best Stock Broker in Malaysia. …
  • – Overall Best Broker in Malaysia and Singapore. …
  • Plus500 – Best Trading Platform Malaysia and Singapore for Asset Diversity. …
  • Libertex – Best Broker in Malaysia and Singapore for ZERO Spreads.
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Can I use IQ Option in Singapore?

Does IQ Option Accept Traders from Singapore? Yes. IQ Option does not only accept traders from Singapore—it’s the most popular binary options trading platform in the country. When you open an account with IQ Option, keep in mind that they are based in Europe, so you’ll need to sign up with the offshore broker option.

Which country has highest IQ?

Ranked: The 25 Smartest Countries In The World

Ranking Country Average IQ
1 Singapore 107.1
2 China 105.8
3 Hong Kong 105.7
4 South Korea 104.6

How can I withdraw from IQ Option in Malaysia?

We have no restrictions as to the minimum withdrawal amount — starting from $2, you can withdraw your funds on the following page: To withdraw an amount less than $2, you will need to contact our Support Team for assistance.

How can I trade options in Malaysia?

In options trading, you only pay a stock brokerage fee if you do one of the following:

  1. Buy an option and decide to exercise your right to buy or sell the underlying stock.
  2. Sell an option and the buyer exercises their right to buy or sell the underlying asset.

Is IQ options a good broker?

IQ Option has won numerous awards for the quality and reliability of its services and is recognized as one of the leading brokers in the industry. Accounts of traders outside the EEA are managed by a sister company called IQ Option Ltd.

Is forex halal in Malaysia?

Malaysia’s National Fatwa Council has ruled that foreign exchange trading is forbidden or ‘haram’ for Muslims as it was against the Islamic Sharia law.

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Can I use eToro in Malaysia?

Is eToro Legal in Malaysia? Despite being available for Malaysian investors, eToro is not licensed to operate in Malaysia. … As explained by a Securities Commission spokesperson, “this will expose investors to potential fraud and money laundering and may not have access to legal recourse in the event of a dispute”.

How can I trade online in Malaysia?

In order to trade stocks online in Malaysia, you need to first choose a reliable and competent broker, or trading platform to work with. You need to also open a CDS account in order for you to be able to trade in the stocks market.

How do I withdraw from IQ Option in Singapore?

To proceed with withdrawing funds from IQ options, do the following:

  1. Go to
  2. Sign in.
  3. Click on the user pick in the upper right-hand corner of the screen.
  4. Select “Withdraw Funds” from the list of available options.
  5. Click on the preferred payment system.
  6. Follow the specific instructions indicated.

Is IQ Option reliable Reddit?

IQ option is a scam. They dont allow you to withdraw funds to your account. I traded with them for over two months.

Which binary option broker is the best?

Best Binary Options Trading Platform Reviews

  • Pocket Option – Best Binary Options Trading Site.
  • BinaryCent – Leading Provider of Binary Options.
  • Nadex – Most Reputed Binary Options Trading Platform.
  • RaceOption – Best Bonus Structures.
  • IQCent – Top Brokers For Copy Trading.
  • – Offers a Variety of Trading Features.