this top list. Each broker and platform has been personally researched by us to help you find the best binary options platform for both beginners and experts. The comparable broker comparison list below shows the binary trading sites that appear above based on different criteria.

You can sort the list using payouts (maximum returns), minimum deposits, bonus offers or if the operator is regulated or not. You can also read full reviews of each broker, helping you make the best choice. Below the comparison list is advice on how to choose the best trading platform for you, as this will often come down to your personal needs and requirements.

 

Malaysian brokers

Binary Options Brokers
BROKERS CONTROLLED DEPOSIT MIN PAYMENT BONUS
Binary.com $5 90% » Tour
IQ options $10 91% * » Tour
Ghost $10 (ETH) Up to 200% * » Tour
BDSwiss $10 N/A » Tour
OptionField $5 93% Pro Account Discount and 10% Cash Back » Tour
24Options $100 » Tour
Nadex Exchange $250 100% » Tour
High Low $50 USD / $10 AUD 200% $50 Cashback » Tour
Hirose $20 90% 50% Deposit Bonus (Can Be Stopped) » Tour
Binomial $10 90% » Tour
RaceOption $250 90% 100% deposit match bonus » Tour
Brokers are filtered based on your location (Malaysia). Refresh this page with location filtering
General risk warning: your capital is at risk
* Amount credited to account in case of successful investment

 

How to Compare Brokers and Platforms

To trade binary options, you need to engage a binary options broker service that accepts clients from Malaysia. Here at binaryoptions.net we have prepared a list with all the best comparison factors that will help you choose which trading broker to open an account with. We also looked at the most popular or frequently asked questions, and have noted that these are important factors when traders compare different brokers:

  1. What is the Minimum Deposit? (These range from $5 or $10 up to $250)
  2. Are they regulated or licensed, and by which regulator?
  3. Can I open a Demo Account?
  4. Is there a signal service, and is it free?
  5. Can I trade on my mobile phone and is there a mobile app?
  6. Are there Bonuses available for new merchant accounts? What are the terms and
    conditions?
  7. Who has the best binary trading platform? Do you need highly detailed charts with technical analysis indicators?
  8. Which broker has the best asset list? Do they offer forex, cryptocurrency, commodities, indices and stocks – and how much?
  9. Which broker has the largest expiration time period (30 seconds, 60 seconds, end of day, long term etc.)
  10. What is the minimum trade size or amount?
  11. What types of options are available? (Touch, Ladder, Boundary, Pair and others)
  12. Additional Tools – Such as early closing plugins or integrations or Metatrader 4 (Mt4)
  13. Do they operate Robots or offer automated trading software?
  14. What is Customer Support? Do they offer phone, email and live chat support – and in which countries? Do they list direct contact details?
  15. Who has the best payout or maximum return? Check the market  you  will be trading.

We cover many possible comparison factors in our list above, but we go into more depth in each study.

 

 

Regulated Binary Brokers

Regulation and licensing are key factors when evaluating the best broker. Unregulated brokers are not always scams, or unreliable, but that means traders must do more ‘due diligence’ before trading with them. A regulated broker is the safest option.

 

The main regulatory bodies include: Regulators

  • CySec – Cyprus Securities and Exchange Commission (Cyprus and EU)
  • FCA – Financial Conduct Authority (UK)
  • CFTC – Commodity Futures Trading Commission (US)
  • FSB – Financial Services Board (South Africa)
  • ASIC – Australian Securities and Investments Commission

There are other regulators besides the above, and in some cases, brokers will be regulated by more than one organization. This is becoming more common in Europe where binary options will come with higher scrutiny. A reputable major brand, will have some rules.

The rules are there to protect traders, to ensure their money is held properly and give them recourse in the event of a dispute. Therefore, it should be an important consideration when choosing a trading partner.

 

Bonus

Both sign up bonuses and demo accounts are used to attract new customers. Bonuses are often deposit matches, one-off payments or risk-free trading. Regardless of the form of the bonus, there are terms and conditions that need to be read.

Take the time to understand the terms before signing up or clicking accept the bonus offer. If the terms are not to your liking then the bonus will lose its appeal and the broker is not the best choice. Some bonus terms are tied into your initial deposit as well. It is worth carefully reading the T & C before agreeing to any bonus, and it is worth noting that many brokers will give you the option to ‘opt out’ of taking the bonus.

Using effective bonuses is harder than it sounds. If considering taking one of these offers, think about whether, and how, it might affect your trading. A common issue is the turnover requirement in this term, often causing traders to ‘overload’. If the bonus does not suit you, turn it off.

 

 

Demo Account

A binary options demo account is a great way to try out both binary options trading, and specific broker software and platforms – without having to risk any money.

You can get a demo account at more than one broker, try them out and only deposit real money on the one you find the best. It is also useful to have an account at more than one broker. For example, payouts for two different assets may be better at different brokers. You can shop around, and use whichever account has the best payout for that asset.

A demo account offers the best way to try the brand, risk-free. Likewise if we recommend a brand, you can try it first, before risking anything.

 

Low Minimum Deposit

If you want to get involved with binary options for the first time, the low minimum deposit requirement may be attractive. For traders who just want to try binary options, a broker with a low minimum deposit may be better. A small initial deposit keeps the risk low. Minimum deposits start at just $5 and there are a number of brokers that offer low minimum deposits – “low” would be a minimum under $50.

Likewise, all brokers will have minimum trading requirements or trading volumes as well. This can vary between platforms. The minimum trading figure is from $1 to $25 – which is a big difference if a trader plans to trade regularly. For some traders, this may be less of a factor in terms of finding the best broker for them, but for others, it will be very important. A practice account is a zero-risk way of learning to trade.

 

Payment

One element that many traders use to find the best binary options trading account, is the payout percentage offered. This is not always an easy comparison. Payouts will vary based on the underlying asset being traded, and the expiration time of the option. In addition, payouts will vary as brokers manage their own risk. So if one broker is initially the best price, things can later turn around and mean the other now has the top payout.

Therefore, the most that an investor can do, is to check the payouts for the assets, and the expiry times they may make, and evaluate which brands are used the most. Demo accounts are good when researching payouts on specific assets and trades.

Exchange exchanges and over the counter brokers will have different payouts – and they won’t be easy to compare. In general, exchange exchange options offer better value. Nadex is an example of an exchange.

So as you can see, finding the best trading account and broker is not always easy – but it is worth noting that you are free to move between brokers whenever you like. So, if the account turns out to be poor, it is easy to get a stick and find a new trading company. Similarly, traders can have several accounts, and open trades at the broker with the best terms for a particular trade.

 

Which is the Best Binary Trading Platform?

Naming the best trading platform is not easy, simply because trading platforms and exclusive software are (usually) a personal matter. One user may like a simple layout, while another may need a lot of data on the screen all the time.

However, platforms have different levels of quality, both in terms of ease of use, and features. In general, brands that offer Contracts for Difference (CFD) in addition to binary options, deliver richer trading platforms or sophisticated software.

So people like Nadex and IQ, will deliver a very professional trading platform. MetaTrader integration is also usually provided in more professional brokers (Some use mt4 and mt5 functions). This difference in quality is a testament to the maturity of binary options as a product, but binary brands will catch up quickly.

 

Introduction to the IQ Option Platform

 

Binary options brokers make money through one of two business models:

  1. As a counter, ensure ‘more roundness’ through percentage payments. Known as ‘Over the counter’ (OTC)
  2. Through a spread or commission on an exchange exchange model

People who have experience in other forms of trading, and now approach an over the counter (OTC) broker for the first time may find themselves asking: ”  Where is the commission? “.However, with OTC binaries, there are no commissions. In theory, the term ‘broker’, is incorrect. Consulting firms do not arrange deals or act as intermediaries, or as market makers; What they have, is a counter for each of their client’s positions. So there are no fees or commissions for trading. Instead, each customer is essentially betting against the house. Where brokers have both sides of the trade covered, they have handsome margins. If not, the payment still gives them a degree of protection. In certain circumstances, the broker will also protect his own position to reduce risk. Those companies (for example, Nadex) that trade binary options through the exchange operate more like a ‘broker’. Unlike the OTC market where the platform is the counter party, with currency exchange options, the broker is the middleman – matching buyers with sellers and charging a commission. These charges are usually hidden in the spread, rather than the obvious cost. There is much lower risk for the broker, and thus generally a better return per trade for the trader. Brokers can be actively compared using spreads – the tighter the spread (the difference between the buy and sell price) the cheaper it is to trade. Brokers who use the spread model often also offer leverage, or trade on ‘margin’ through their software. This increases trade sizes for traders – and profits for the platform. A broker is a middleman – matching buyers with sellers and charging a commission. These charges are usually hidden in the spread, rather than the obvious cost. There is much lower risk for the broker, and thus generally a better return per trade for the trader. Brokers can be actively compared using spreads – the tighter the spread (the difference between the buy and sell price) the cheaper it is to trade. Brokers who use the spread model often also offer leverage, or trade on ‘margin’ through their software. This increases trade sizes for traders – and profits for the platform. A broker is a middleman – matching buyers with sellers and charging a commission. These charges are usually hidden in the spread, rather than the obvious cost. There is much lower risk for the broker, and thus generally a better return per trade for the trader. Brokers can be actively compared using spreads – the tighter the spread (the difference between the buy and sell price) the cheaper it is to trade. Brokers who use the spread model often also offer leverage, or trade on ‘margin’ through their software. This increases trade sizes for traders – and profits for the platform. There is much lower risk for the broker, and thus generally a better return per trade for the trader. Brokers can be actively compared using spreads – the tighter the spread (the difference between the buy and sell price) the cheaper it is to trade. Brokers who use the spread model often also offer leverage, or trade on ‘margin’ through their software. This increases trade sizes for traders – and profits for the platform. There is much lower risk for the broker, and thus generally a better return per trade for the trader. Brokers can be actively compared using spreads – the tighter the spread (the difference between the buy and sell price) the cheaper it is to trade. Brokers who use the spread model often also offer leverage, or trade on ‘margin’ through their software. This increases trade sizes for traders – and profits for the platform. Brokers who use the spread model often also offer leverage, or trading on ‘margin’ through their software. This increases trade sizes for traders – and profits for the platform. Brokers who use the spread model often also offer leverage, or trading on ‘margin’ through their software. This increases trade sizes for traders – and profits for the platform.

 

Should You Use Multiple Multiples?

There are several very good arguments for having more than one binary trading account:

  • Brokers suit specific trades. Different brokers will suit different trading styles, or types of trading. So one broker may be very good for short term trading type, and have big payouts on forex pairs. But those same brands may be a little less good when it comes to offering border or index payouts. If a competitor has a complete set of long-term expiries with large fees, and many options for border trading – it makes sense to have an account with both platforms, and a place to trade with a broker that offers the best deals for each trade.
  • Demo Account. Lots of demo accounts make sense – you want to try as many brokers and trading platforms as possible before deciding where to trade.
  • Reduce risk. Accounts at more than one broker protect you from any issues with a particular firm. From serious issues such as insolvency, to smaller matters, such as website downtime, software issues or closed markets – multiple accounts reduce your risk of being affected by any difficulties the broker may face.
  • Various offers. Each registration can mean a new bonus, so it may be worthwhile to take more than one account to receive all the offers. As always, read the terms – and also note that sometimes, a larger deposit may mean a larger bonus – so splitting them may not be the best option.
  • Spread the win. Some brokers may look for winning traders in their books, with the aim of blocking their trades, perhaps limiting trade sizes – or worse. Although this threat is thankfully small, many accounts mean spreading the winnings. Most brokers will look for “winners” based on profit totals versus strike rates, so hiding totals across broker accounts can help you stay under their radar.

 

Exchange versus OTC (Over the Counter) Brokers

A broker that offers exchanges is closer to a ‘traditional’ broker than an OTC broker. Exchanges do the work of ‘middlemen’. They will match the seller of the asset, with the buyer of the same asset, and charge a commission to put the deal together. The market itself will determine prices – if there are more sellers than buyers, prices will fall until demand increases. If there are more buyers than there are willing to sell, the price of the option will rise. The broker who operates the exchange does not mind who wins and who loses. They take no risk on the trade itself (unless the trader trades on credit). Brokers will make their commission on trades regardless of the outcome. Because of this reduced risk for the broker, returns for winning traders are usually greater. Commissions are usually relatively small relative to trade size, meaning they don’t affect payouts too much. Other benefits include the fact that stop losses can be used, and also trades can be closed at any time (to take profits or reduce losses). Complications with exchanges, come from the structure. Trading exchange binary options will “trade” anywhere between 0 and 100. Where 0 is the number used where the event does not occur, and 100 where it does. If the current price is currently 30, the ‘buyer’ will risk 30 times his trade size, potentially winning 70. Therefore, the ‘seller’ will risk 70 to win 30. Although not a complicated equation,

 

OTC (Over the Counter) Broker

The most common type is the Over the counter (OTC) broker, but this type of firm is not really a ‘broker’ at all strictly speaking. They are the counter party for one side of the trade. So where a trader opens a position, the broker will win or lose money, based on whether the trade wins or loses. Only where the broker has other traders who have made the exact opposite trade, they will make a profit. Due to this increased risk, the broker will offer a lower fee which reduces the risk they take. Therefore, it may be lower than the traded broker. Some firms will also build a ‘hedging’ mechanism to further reduce risk. In some cases, one side of the trade may be unusable if the liability is too great. The simplicity of binary options is maintained with OTC brokers. They have also made great strides in competing with exchanges by offering ‘cash out’ values ​​for options, allowing traders to close out early positions, and establish stop losses. As those features become common, the gap between OTCs and exchanges will become smaller. For now, traders are better off trading on the exchange – but it may be advisable to learn the difference through a demo account.Do you have problems with your broker? the gap between OTC and exchange will be smaller. For now, traders are better off trading on the exchange – but it may be advisable to learn the difference through a demo account.Do you have problems with your broker? the gap between OTC and exchange will be smaller. For now, traders are better off trading on the exchange – but it may be advisable to learn the difference through a demo account.Do you have problems with your broker?

 

payment method

Deposit and withdrawal options vary by broker. Each of our reviews will explain which each firm offers, but below is a list of the most common options. If you are looking for a broker that supports a specific payment method:

All of the factors covered above will ultimately impact how traders play the market, and therefore, their profits. The ideal situation is to get a binary broker that offers:

  • Some financial assets are spread over several markets
  • Offers reasonable bonuses with good payouts approaching 90%
  • Offers flexible expiration dates without boxing traders into long expirations.

Trading using a broker platform will only be pleasant, and profitable, if you use a reputable operator. You also need to choose the one that suits your trading style – only you will know what it is. Read the above binary broker reviews carefully before making an important trading decision, but remember you are not tied to any single broker, and can pick and choose.