How Does IQ Option Work In Malaysia?

Posted by Zandra Faye on September 25th, 2019

IQ Option began in 2013 in Europe, a broker, and a provider of Binary Options, CFD and crypto trading services. In the past several years it has grown to become one of the most popular and trusted broker not just in Malaysia but all over the world. The platform received numerous awards for its user-friendly interface; among the awards were the "Innovative Binary Options Broker", a prize from the FX World Show and the "Best Trading Platform" from the Forex Award. They are CySEC, the Cyprus Securities and Exchange Commission licensed and follow all the regulations of the European trading community. Check IQ Option Review Malaysia for more details.

Like many competitors, IQ Option offers a demo account that stands out because there is no limit on how long you can use it. That enables you to get comfortable with your trading techniques. It allows you to test new trading techniques in the future.

IQ Options Account types to choose from:

-             Demo account. This type of account is made for beginners and also for experienced traders who want to test new strategies.

-             Standard account. This type of account is used for trading with real funds. When a trader deposits ,000 or more, they are awarded a VIP account status.

-             VIP account. This type of account has additional features, such as personal account manager, free access to tournaments, higher profitability rates, and training material. There is no difference in execution or spread from the standard real accounts.

 IQ Option Deposit Malaysia

 IQ Option has a minimum deposit of . You can choose your desired form of deposit, with the platform’s low minimum deposit and opening transactions at , trading is made available for everyone, and IQ Option does not charge any fees for depositing funds.

 The first step to make your first deposit is you will go through an account verification process, which in the EU involves adding your personal information, phone numbers, adding your trading experience and uploading photo identification. Other countries have their own requirements and their own verification process to make withdrawals from the site.