{"id":4702,"date":"2019-12-16T19:26:09","date_gmt":"2019-12-16T19:26:09","guid":{"rendered":"https:\/\/trade-malaysia-option.com\/broker\/"},"modified":"2023-02-15T08:34:13","modified_gmt":"2023-02-15T08:34:13","slug":"broker","status":"publish","type":"post","link":"https:\/\/trade-malaysia-option.com\/en\/broker\/","title":{"rendered":"Binary Options Brokers and Platforms \u2013 Reviews and Comparisons"},"content":{"rendered":"
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this top list.\u00a0Each broker and platform has been personally researched by us to help you find the best binary options platform for both beginners and experts.\u00a0The comparable broker comparison list below shows the binary trading sites that appear above based on different criteria.<\/p>\n

You can sort the list using payouts (maximum returns), minimum deposits, bonus offers or if the operator is regulated or not.\u00a0You can also read full reviews of each broker, helping you make the best choice.\u00a0Below 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.<\/p>\n<\/div>\n

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Malaysian brokers<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Binary Options Brokers<\/caption>\n
<\/th>\nBROKERS<\/th>\n<\/th>\nCONTROLLED<\/th>\nDEPOSIT MIN<\/th>\nPAYMENT<\/th>\nBONUS<\/th>\n<\/th>\n<\/tr>\n<\/thead>\n
\n
\"\"<\/div>\n<\/td>\n
Binary.com<\/td>\n<\/td>\n<\/td>\n$5<\/td>\n90%<\/td>\n<\/td>\n\u00bb Tour<\/td>\n<\/tr>\n
\n
\"\"<\/div>\n<\/td>\n
IQ\u00a0options<\/a><\/td>\n<\/td>\n<\/td>\n$10<\/td>\n91% *<\/td>\n<\/td>\n\u00bb Tour<\/td>\n<\/tr>\n
\n
\"\"<\/div>\n<\/td>\n
Ghost<\/td>\n<\/td>\n<\/td>\n$10 (ETH)<\/td>\nUp to 200% *<\/td>\n<\/td>\n\u00bb Tour<\/td>\n<\/tr>\n
\n
\"\"<\/div>\n<\/td>\n
BDSwiss<\/td>\n<\/td>\n<\/td>\n$10<\/td>\nN\/A<\/td>\n<\/td>\n\u00bb Tour<\/td>\n<\/tr>\n
\n
\"\"<\/div>\n<\/td>\n
OptionField<\/td>\n<\/td>\n<\/td>\n$5<\/td>\n93%<\/td>\nPro Account Discount and 10% Cash Back<\/td>\n\u00bb Tour<\/td>\n<\/tr>\n
\n
\"\"<\/div>\n<\/td>\n
24Options<\/td>\n<\/td>\n<\/td>\n$100<\/td>\n<\/td>\n<\/td>\n\u00bb Tour<\/td>\n<\/tr>\n
\n
\"\"<\/div>\n<\/td>\n
Nadex Exchange<\/td>\n<\/td>\n<\/td>\n$250<\/td>\n100%<\/td>\n<\/td>\n\u00bb Tour<\/td>\n<\/tr>\n
\n
\"\"<\/div>\n<\/td>\n
High Low<\/td>\n<\/td>\n<\/td>\n$50 USD \/ $10 AUD<\/td>\n200%<\/td>\n$50 Cashback<\/td>\n\u00bb Tour<\/td>\n<\/tr>\n
\n
\"\"<\/div>\n<\/td>\n
Hirose<\/td>\n<\/td>\n<\/td>\n$20<\/td>\n90%<\/td>\n50% Deposit Bonus (Can Be Stopped)<\/td>\n\u00bb Tour<\/td>\n<\/tr>\n
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\"\"<\/div>\n<\/td>\n
Binomial<\/td>\n<\/td>\n<\/td>\n$10<\/td>\n90%<\/td>\n<\/td>\n\u00bb Tour<\/td>\n<\/tr>\n
\n
\"\"<\/div>\n<\/td>\n
RaceOption<\/td>\n<\/td>\n<\/td>\n$250<\/td>\n90%<\/td>\n100% deposit match bonus<\/td>\n\u00bb Tour<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
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Brokers are filtered based on your location (Malaysia).\u00a0Refresh this page with location filtering<\/i><\/div>\n
General risk warning: your capital is at risk<\/i><\/div>\n
* Amount credited to account in case of successful investment<\/i><\/div>\n<\/div>\n

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How to Compare Brokers and Platforms<\/h3>\n

To trade binary options, you need to engage a binary options broker service that accepts clients from Malaysia.\u00a0Here 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.\u00a0We also looked at the most popular or frequently asked questions, and have noted that these are important factors when traders compare different brokers:<\/p>\n

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  1. What is the Minimum Deposit?\u00a0(These range from $5 or $10 up to $250)<\/li>\n
  2. Are they regulated or licensed, and by which regulator?<\/li>\n
  3. Can I open a Demo Account?<\/li>\n
  4. Is there a signal service, and is it free?<\/li>\n
  5. Can I trade on my mobile phone and is there a mobile app?<\/li>\n
  6. Are there Bonuses available for new merchant accounts?\u00a0What are the terms and
    \nconditions?<\/li>\n
  7. Who has the best binary trading platform?\u00a0Do you need highly detailed charts with technical analysis indicators?<\/li>\n
  8. Which broker has the best asset list?\u00a0Do they offer forex, cryptocurrency, commodities, indices and stocks \u2013 and how much?<\/li>\n
  9. Which broker has the largest expiration time period (30 seconds, 60 seconds, end of day, long term etc.)<\/li>\n
  10. What is the minimum trade size or amount?<\/li>\n
  11. What types of options are available?\u00a0(Touch, Ladder, Boundary, Pair and others)<\/li>\n
  12. Additional Tools \u2013 Such as early closing plugins or integrations or Metatrader 4 (Mt4)<\/li>\n
  13. Do they operate Robots or offer automated trading software?<\/li>\n
  14. What is Customer Support?\u00a0Do they offer phone, email and live chat support \u2013 and in which countries?\u00a0Do they list direct contact details?<\/li>\n
  15. Who has the best payout or maximum return?\u00a0Check the market\u00a0\u00a0you<\/em>\u00a0\u00a0will be trading.<\/li>\n<\/ol>\n

    We cover many possible comparison factors in our list above, but we go into more depth in each study.<\/p>\n

     <\/p>\n

    \"\"<\/p>\n<\/div>\n

     <\/p>\n

    \n

    Regulated Binary Brokers<\/h3>\n

    Regulation and licensing are key factors when evaluating the best broker.\u00a0Unregulated brokers are not always scams, or unreliable, but that means traders must do more ‘due diligence’ before trading with them.\u00a0A regulated broker is the safest option.<\/p>\n<\/div>\n

     <\/p>\n

    \n

    The main regulatory bodies include: Regulators<\/h3>\n
      \n
    • CySec \u2013 Cyprus Securities and Exchange Commission (Cyprus and EU)<\/li>\n
    • FCA \u2013 Financial Conduct Authority (UK)<\/li>\n
    • CFTC \u2013 Commodity Futures Trading Commission (US)<\/li>\n
    • FSB \u2013 Financial Services Board (South Africa)<\/li>\n
    • ASIC \u2013 Australian Securities and Investments Commission<\/li>\n<\/ul>\n

      There are other regulators besides the above, and in some cases, brokers will be regulated by more than one organization.\u00a0This is becoming more common in Europe where binary options will come with higher scrutiny.\u00a0A reputable major brand, will have some rules.<\/p>\n

      The rules are there to protect traders, to ensure their money is held properly and give them recourse in the event of a dispute.\u00a0Therefore, it should be an important consideration when choosing a trading partner.<\/p>\n<\/div>\n

       <\/p>\n

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      Bonus<\/h3>\n

      Both sign up bonuses and demo accounts are used to attract new customers.\u00a0Bonuses are often deposit matches, one-off payments or risk-free trading.\u00a0Regardless of the form of the bonus, there are terms and conditions that need to be read.<\/p>\n

      Take the time to understand the terms before signing up or clicking accept the bonus offer.\u00a0If the terms are not to your liking then the bonus will lose its appeal and the broker is not the best choice.\u00a0Some bonus terms are tied into your initial deposit as well.\u00a0It 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.<\/p>\n

      Using effective bonuses is harder than it sounds.\u00a0If considering taking one of these offers, think about whether, and how, it might affect your trading.\u00a0A common issue is the turnover requirement in this term, often causing traders to ‘overload’.\u00a0If the bonus does not suit you, turn it off.<\/p>\n<\/div>\n

       <\/p>\n

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      \"\"<\/p>\n<\/div>\n

       <\/p>\n

      \n

      Demo Account<\/h3>\n

      A binary options demo account is a great way to try out both binary options trading, and specific broker software and platforms \u2013 without having to risk any money.<\/p>\n

      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.\u00a0It is also useful to have an account at more than one broker.\u00a0For example, payouts for two different assets may be better at different brokers.\u00a0You can shop around, and use whichever account has the best payout for that asset.<\/p>\n

      A demo account offers the best way to try the brand, risk-free.\u00a0Likewise if we recommend a brand, you can try it first, before risking anything.<\/p>\n<\/div>\n

       <\/p>\n

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      Low Minimum Deposit<\/h3>\n

      If you want to get involved with binary options for the first time, the low minimum deposit requirement may be attractive.\u00a0For traders who just want to try binary options, a broker with a low minimum deposit may be better.\u00a0A small initial deposit keeps the risk low.\u00a0Minimum deposits start at just $5 and there are a number of brokers that offer low minimum deposits \u2013 \u201clow\u201d would be a minimum under $50.<\/p>\n

      Likewise, all brokers will have minimum trading requirements or trading volumes as well.\u00a0This can vary between platforms.\u00a0The minimum trading figure is from $1 to $25 \u2013 which is a big difference if a trader plans to trade regularly.\u00a0For 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.\u00a0A practice account is a zero-risk way of learning to trade.<\/p>\n<\/div>\n

       <\/p>\n

      \n

      Payment<\/h3>\n

      One element that many traders use to find the best binary options trading account, is the payout percentage offered.\u00a0This is not always an easy comparison.\u00a0Payouts will vary based on the underlying asset being traded, and the expiration time of the option.\u00a0In addition, payouts will vary as brokers manage their own risk.\u00a0So if one broker is initially the best price, things can later turn around and mean the other now has the top payout.<\/p>\n

      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.\u00a0Demo accounts are good when researching payouts on specific assets and trades.<\/p>\n

      Exchange exchanges and over the counter brokers will have different payouts \u2013 and they won’t be easy to compare.\u00a0In general, exchange exchange options offer better value.\u00a0Nadex is an example of an exchange.<\/p>\n

      So as you can see, finding the best trading account and broker is not always easy \u2013 but it is worth noting that you are free to move between brokers whenever you like.\u00a0So, if the account turns out to be poor, it is easy to get a stick and find a new trading company.\u00a0Similarly, traders can have several accounts, and open trades at the broker with the best terms for a particular trade.<\/p>\n<\/div>\n

       <\/p>\n

      \n

      Which is the Best Binary Trading Platform?<\/h3>\n

      Naming the best trading platform is not easy, simply because trading platforms and exclusive software are (usually) a personal matter.\u00a0One user may like a simple layout, while another may need a lot of data on the screen all the time.<\/p>\n

      However, platforms have different levels of quality, both in terms of ease of use, and features.\u00a0In general, brands that offer Contracts for Difference (CFD) in addition to binary options, deliver richer trading platforms or sophisticated software.<\/p>\n

      So people like Nadex and IQ, will deliver a very professional trading platform.\u00a0MetaTrader integration is also usually provided in more professional brokers (Some use mt4 and mt5 functions).\u00a0This difference in quality is a testament to the maturity of binary options as a product, but binary brands will catch up quickly.<\/p>\n<\/div>\n

       <\/p>\n

      Introduction to the IQ Option Platform<\/h3>\n

       <\/p>\n

      Binary options brokers make money through one of two business models:<\/p>\n

        \n
      1. As a counter, ensure ‘more roundness’ through percentage payments.\u00a0Known as ‘Over the counter’ (OTC)<\/li>\n
      2. Through a spread or commission on an exchange exchange model<\/li>\n<\/ol>\n

        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: \u201d\u00a0\u00a0Where is the commission?\u00a0<\/em>\u201c.However, with OTC binaries, there are no commissions.\u00a0In theory, the term ‘broker’, is incorrect.\u00a0Consulting firms do not arrange deals or act as intermediaries, or as market makers;\u00a0What they have, is a counter for each of their client’s positions.\u00a0So there are no fees or commissions for trading.\u00a0Instead, each customer is essentially betting against the house.\u00a0Where brokers have both sides of the trade covered, they have handsome margins.\u00a0If not, the payment still gives them a degree of protection.\u00a0In 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’.\u00a0Unlike the OTC market where the platform is the counter party, with currency exchange options, the broker is the middleman \u2013 matching buyers with sellers and charging a commission.\u00a0These charges are usually hidden in the spread, rather than the obvious cost.\u00a0There is much lower risk for the broker, and thus generally a better return per trade for the trader.\u00a0Brokers can be actively compared using spreads \u2013 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.\u00a0This increases trade sizes for traders \u2013 and profits for the platform.\u00a0A broker is a middleman \u2013 matching buyers with sellers and charging a commission.\u00a0These charges are usually hidden in the spread, rather than the obvious cost.\u00a0There is much lower risk for the broker, and thus generally a better return per trade for the trader.\u00a0Brokers can be actively compared using spreads \u2013 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.\u00a0This increases trade sizes for traders \u2013 and profits for the platform.\u00a0A broker is a middleman \u2013 matching buyers with sellers and charging a commission.\u00a0These charges are usually hidden in the spread, rather than the obvious cost.\u00a0There is much lower risk for the broker, and thus generally a better return per trade for the trader.\u00a0Brokers can be actively compared using spreads \u2013 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.\u00a0This increases trade sizes for traders \u2013 and profits for the platform.\u00a0There is much lower risk for the broker, and thus generally a better return per trade for the trader.\u00a0Brokers can be actively compared using spreads \u2013 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.\u00a0This increases trade sizes for traders \u2013 and profits for the platform.\u00a0There is much lower risk for the broker, and thus generally a better return per trade for the trader.\u00a0Brokers can be actively compared using spreads \u2013 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.\u00a0This increases trade sizes for traders \u2013 and profits for the platform.\u00a0Brokers who use the spread model often also offer leverage, or trading on ‘margin’ through their software.\u00a0This increases trade sizes for traders \u2013 and profits for the platform.\u00a0Brokers who use the spread model often also offer leverage, or trading on ‘margin’ through their software.\u00a0This increases trade sizes for traders \u2013 and profits for the platform.<\/p>\n

         <\/p>\n

        Should You Use Multiple Multiples?<\/h3>\n

        There are several very good arguments for having more than one binary trading account:<\/p>\n

          \n
        • Brokers suit specific trades.\u00a0Different brokers will suit different trading styles, or types of trading.\u00a0So one broker may be very good for short term trading type, and have big payouts on forex pairs.\u00a0But those same brands may be a little less good when it comes to offering border or index payouts.\u00a0If a competitor has a complete set of long-term expiries with large fees, and many options for border trading \u2013 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.<\/li>\n
        • Demo Account.\u00a0Lots of demo accounts make sense \u2013 you want to try as many brokers and trading platforms as possible before deciding where to trade.<\/li>\n
        • Reduce risk.\u00a0Accounts at more than one broker protect you from any issues with a particular firm.\u00a0From serious issues such as insolvency, to smaller matters, such as website downtime, software issues or closed markets \u2013 multiple accounts reduce your risk of being affected by any difficulties the broker may face.<\/li>\n
        • Various offers.\u00a0Each registration can mean a new bonus, so it may be worthwhile to take more than one account to receive all the offers.\u00a0As always, read the terms \u2013 and also note that sometimes, a larger deposit may mean a larger bonus \u2013 so splitting them may not be the best option.<\/li>\n
        • Spread the win.\u00a0Some brokers may look for winning traders in their books, with the aim of blocking their trades, perhaps limiting trade sizes \u2013 or worse.\u00a0Although this threat is thankfully small, many accounts mean spreading the winnings.\u00a0Most 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.<\/li>\n<\/ul>\n

           <\/p>\n

          Exchange versus OTC (Over the Counter) Brokers<\/h3>\n

          A broker that offers exchanges is closer to a ‘traditional’ broker than an OTC broker.\u00a0Exchanges do the work of ‘middlemen’.\u00a0They will match the seller of the asset, with the buyer of the same asset, and charge a commission to put the deal together.\u00a0The market itself will determine prices \u2013 if there are more sellers than buyers, prices will fall until demand increases.\u00a0If 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.\u00a0They take no risk on the trade itself (unless the trader trades on credit).\u00a0Brokers will make their commission on trades regardless of the outcome. Because of this reduced risk for the broker,\u00a0returns for winning traders are usually greater.\u00a0Commissions are usually relatively small relative to trade size, meaning they don’t affect payouts too much.\u00a0Other 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.\u00a0Trading exchange binary options will \u201ctrade\u201d anywhere between 0 and 100. Where 0 is the number used where the event does not occur, and 100 where it does.\u00a0If 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,<\/p>\n

           <\/p>\n

          OTC (Over the Counter) Broker<\/h3>\n

          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.\u00a0They are the counter party for one side of the trade.\u00a0So where a trader opens a position, the broker will win or lose money, based on whether the trade wins or loses.\u00a0Only 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.\u00a0Therefore, it may be lower than the traded broker.\u00a0Some firms will also build a ‘hedging’ mechanism to further reduce risk.\u00a0In some cases, one side of the trade may be unusable if the liability is too great.\u00a0The simplicity of binary options is maintained with OTC brokers.\u00a0They have also made great strides in competing with exchanges by offering ‘cash out’ values \u200b\u200bfor options, allowing traders to close out early positions, and establish stop losses.\u00a0As those features become common, the gap between OTCs and exchanges will become smaller.\u00a0For now, traders are better off trading on the exchange \u2013 but it may be advisable to learn the difference through a demo account.Do you have problems with your broker?\u00a0the gap between OTC and exchange will be smaller.\u00a0For now, traders are better off trading on the exchange \u2013 but it may be advisable to learn the difference through a demo account.Do you have problems with your broker?\u00a0the gap between OTC and exchange will be smaller.\u00a0For now, traders are better off trading on the exchange \u2013 but it may be advisable to learn the difference through a demo account.Do you have problems with your broker?<\/p>\n

           <\/p>\n

          payment method<\/h3>\n

          Deposit and withdrawal options vary by broker.\u00a0Each 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:<\/p>\n

          All of the factors covered above will ultimately impact how traders play the market, and therefore, their profits.\u00a0The ideal situation is to get a binary broker that offers:<\/p>\n

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

            Trading using a broker platform will only be pleasant, and profitable, if you use a reputable operator.\u00a0You also need to choose the one that suits your trading style \u2013 only you will know what it is.\u00a0Read 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.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

            this top list.\u00a0Each broker and platform has been personally researched by us to help you find the best binary options platform for both beginners and experts.\u00a0The comparable broker comparison list below shows the binary trading […]<\/p>\n","protected":false},"author":1,"featured_media":3464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[104],"tags":[123,139,111,170,107,108],"class_list":["post-4702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ulasan-en","tag-akaun-demo-en","tag-bonus-en","tag-broker-en","tag-deposit-en","tag-pilihan-binari-en","tag-pilihan-iq-en"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/4702"}],"collection":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/comments?post=4702"}],"version-history":[{"count":3,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/4702\/revisions"}],"predecessor-version":[{"id":4705,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/4702\/revisions\/4705"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/media\/3464"}],"wp:attachment":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/media?parent=4702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/categories?post=4702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/tags?post=4702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}