Binary options Malaysia – a simple way to make money on the internet
A technological revolution and economic development in Malaysia have given rise to a whole army of small online investors who are eager to earn additional income on the internet. Against this backdrop, we will consider a most attractive and simple investment tool that can bring unlimited amounts of income – binary options. With its game-like nature, this financial trading tool allows non-professional traders with a minimum of initial capital to earn and improve their financial level without leaving home. In this material we will go over the concept of binary trading and provide recommendations on the choice of high-tech trading platforms and techniques for market analysis, which will allow potential investors to get an idea of how binary options work on the market and to assess their financial potential.
What is binary options trading?
Binary options trading is a type of exchange trading in which a special contract format is used – a binary option. This type of financial instrument has a profit-making algorithm completely adapted for the basic trader: a simple bet with a time limit on the growth or decline in the price of a financial asset – stocks, currencies, raw materials, or metal quotes, which allows you to earn up to 90% in profit on one trading contract. In order to make a profit on binary options, the investor must define just a few parameters:
⦁ market movement direction
⦁ the expiration term for the contract on the market
With a correct forecast, the investor makes a profit; if it’s wrong, they lose the amount of the bet.
The main advantages of binary options in private investment activities are the following:
⦁ A simple mode of profit making
⦁ A high degree of predictability of the results
⦁ Effective forms of market analysis
⦁ Maximum profitability of exchange contracts and dynamics of growth of trading results
⦁ Minimum initial investments – 10 USD is enough to start a successful trading career
⦁ Online trading processes on specialized trading platforms from brokers
This list of the factors and investment opportunities of binary options makes this tool a highly effective means of earning money for any private online trader. Thus, the question, “How to quickly earn money in Malaysia” has a logical answer – using binary options!
What are binary brokers?
Let’s begin with considering the technical side of binary trading. The first thing an investor needs in order to work with options is a platform from a binary broker. The use of an intermediary in the form of a binary market operator is necessary due to technical and legal issues in this area of financial activity. Professional investors know that it is impossible to get direct access to the exchange market, as this requires a broker who has the right to put a trading position on the market – this is one of the reasons that necessitates the use of a broker. In addition, binary options trading will require a specialized terminal that is available through the online services of market operators. Based on these legal requirements and technical parameters of options trading, a broker on the binary market is a natural necessity and not the imposition of additional unnecessary services.
How to choose the best binary options broker?
It is quite logical that in order to conduct effective trading on the binary market investors try to find the best brokerage company. In this regard, there are a number of issues that we will now help to effectively solve. First, the financial turnover from binary trading and trader investments attract a huge number of businesspeople to this segment of the exchange market whose task is to seize your funds. Secondly, there are several hundred binary options brokers on the market with different sets of services, and their own trading products and conditions for trading, which significantly complicates the process of choosing the most effective trading platform. And, thirdly, private investors, because of a lack of experience in options trading and stock trading, simply do not know the best parameters for profitable trading on binary options. So, how to choose the best broker for options trading? You should take into account the following set of technical parameters for the market operator:
⦁ A brokerage license from a financial market regulator – scammers and non-professional companies do not bother to obtain licenses and operate illegally
⦁ The form and technical parameters of the trading terminal – in most cases professional brokers offer their clients high-tech platforms of their own design, which are quite expensive for scammers
⦁ Trading conditions for starting on the market – high-quality trading platforms for binary trading usually put quite low requirements on the amount of initial capital
⦁ Auxiliary services in the form of training and analytics
⦁ The type of financial transactions and the time period for profit monetization
⦁ The general characteristics of the broker in the professional environment of traders
Taking these factors into account when choosing a broker for trading on the binary market will allow you to identify the most high-quality services offered by operators and will help you find a company that is safe for investment.
How should you compare binary options brokers?
Of course, many operators on the binary market meet the above parameters of security and professionalism, but how to choose the most effective platform that will lead you to success? To do this, we offer a list of parameters for comparing companies, which will help you make the most effective choice:
⦁ The broker’s level of security. The wider the range of licenses and the better the reputation of the regulatory body, the higher the security of the broker company
⦁ The technical potential of the trading terminal. On this issue, pay attention to the list of tools for conducting market analysis, the technology of the platform interface, and the stability indicators of the service
⦁ The initial conditions for working on the broker’s platform and their relationship to each other. Low ones will allow you to work on the market with minimal initial investments, and the optimal ratio of the cost of contracts to the amount of seed capital will enable you to correctly manage your risks during binary trading
⦁ The profitability of trading bets. It is quite logical – the higher the liquidity of binary options, the higher the investor’s profit
⦁ Monetization of profit – the amount of time the trader will need to wait for funds to appear in their bank account
⦁ The availability of payment services for financial transactions
⦁ The quantity and quality of auxiliary services
In this way, it is possible to identify the most professional, technically advanced, and effective trading platform from a binary broker, which will allow you to get the highest possible profits in the most stable mode of operation.
Where to find the best binary options broker?
The main resource for choosing a binary options broker is, of course, the internet! There is a huge selection of professional financial resources which publish ratings of the main brokerage services on the market. A potential investor can in this case use not only the recommendations of industry professionals, but can assess all in one place the full range of services, trading conditions, and technical operating indicators of a variety of brokers on the binary market. In addition, private traders communicate through feedback and chat on these services, which allows you to create a real picture for yourself of a certain market operator. Potential traders of binary options in Malaysia will be able to make the right choice of a trading platform on the basis of their own opinion and professional information.
The basic strategies and types of binary options
We have reviewed the main list of technical indicators and preparatory aspects of binary trading, now we will begin to study the practical techniques of efficient and profitable trading on binary options. Before you start making bets and earning money, you’ll need to understand the main types and formats of binary contracts.
We will immediately discard the various derivatives of binary options that are complex in terms of functionality. In classic trading on the binary market, investors use two types of trading contracts – turbo and classic binary options. If we delve into the terminology, then they are essentially the same kind of binary options when it comes to profiting; the difference is only the maturity of the bet (the expiration). Thus, turbo options have the narrowest and shortest range of expiration, from 60 to 300 seconds, and classic binary options have a wider expiration period – from 5 minutes to 24 hours in the classic version. The remaining parameters for contracts, forecasting, registration mode, and the principle of profit-making, all remain the same. For some trading assets, the profitability of a binary option can vary depending on the type of contract – this factor can fluctuate in the range of a few dozen percentage points.
We have now come to, perhaps, the most interesting aspect of binary trading – how to correctly predict the market in order to earn a stable income. Malaysia’s binary options, like all over the world, generate revenue only if the investor achieves correct forecast statistics of at least 60%. To obtain such results, you should use trading strategies based on a variety of technical, instrumental or logical approaches to assessing market performance. In this regard, there are two main forms of analysis – technical and fundamental:
⦁ Technical analysis evaluates the current market performance and uses cyclical patterns of different formats or specialized tools to form a forecast for the registration of a binary option on the market
⦁ Fundamental analysis is assessment of statistical news indicators of the world economy or an individual segment of the market which affect the quotes of the underlying assets.
We will consider a few simple but most effective forecasting techniques for quick earning on binary options. For the first example of a trading strategy, we will take a chart approach to determining market movements. To do this, you will need to create two visual or chart lines that will connect the local highs and lows of the trading quotes on the asset chart that you have chosen for trading. As a result, we will get a price corridor in which the market conducts cyclical and regular movements that have a high degree of forecastability:
As a signal to register a binary option on the market, this type of trading strategy uses the moment the price touches one of the channel’s levels of market fluctuations. Thus, the investor can register up to 10 contracts within an hour and get at least 8 profitable bets. As a result, these statistics and the overall trading performance will allow the investor to quickly and stably increase their capital.
The following type of professional and highly effective strategy uses specialized tools for market assessment – indicators that quickly and very correctly assess various technical parameters of the asset price and form highly accurate trading forecasts based on them. To use the system, install the following set of analysis tools on the trading quote chart:
⦁ The MA 20 indicator
⦁ The MA 10 indicator
⦁ The MACD indicator
This strategy tool set for market assessment generates signals to register bets in the form of an intersection of the MA indicator lines and MACD moving averages in a certain direction, which allows the trader to profitably register binary options on the market at a rate of up to 90%. This mode of forecasting is suitable for any nonprofessional investor who aspires to get the best possible result in the shortest amount of time on the binary market.
Mobile applications for binary trading: iPhone, iPad, and Android
In addition to the classic trading platforms for binary trading, brokerage operators offer traders a wide range of applications for options investment on mobile devices. Fans of iOS and Android gadgets can safely engage in trading at any time and anywhere with internet access. As a result, traders are given more potential and a choice of the best possible conditions and trading modes on the binary market, which positively affects the investor’s profitability results.
We have provided you with a description of how to generate income in Malaysia, which requires a minimum of investment, occurs in an interesting game-like mode, and brings a consistently high profit. In conclusion, we offer a practical professional recommendation for choosing a binary options broker, which will help you have the most successful start on the binary market and will make it possible to earn comfortably. As the best professional and secure company to work with on the binary market, we suggest the Binomo broker.
Binomo – the history of the company and the trading platform
An operator on the binary market, the Binomo company entered the market in 2014. The company immediately identified itself as client-oriented, from the very beginning offering its clients a wide range of high-quality, professional services. In addition, the offshore jurisdiction of the Republic of Cyprus, where the broker is registered, helped attract a large number of investors to the broker’s platform. Already in the following year, 2015, the Binomo broker introduced its own high-tech trading terminal to its clients, thus starting a revolution on the binary market. Today, the broker is represented in the financial markets of Western and Eastern Europe, Africa, and Southeast Asia, including Malaysia.
Binomo’s trading platform and services
The technology and the potential of the Binomo company’s terminal allows company investors to achieve the highest possible performance indicators in binary trading. The broker continuously optimizes its services and updates the terminal’s toolkit. Today traders use the following set of technical trading tools on the company’s platform:
⦁ A trading quote chart of high accuracy and the most convenient format with the following technical functionality settings: timeframe, market history, scaling, work area backlighting
⦁ An indicator set of a professional level
⦁ Tools for chart analysis of the market
⦁ 80 underlying assets from all areas of the exchange market
⦁ A statistical indicator for the assessment of investor sentiment
⦁ Classic binary options and Turbo contacts
⦁ Non-stop trading mode
⦁ A range of bet expirations from 60 seconds to 24 hours
⦁ Registration of trading bets in 1.7 ms
⦁ The most accessible and easy-to-use technical interface
Moreover, the broker’s terminal can be used in a training mode. This simulator format for beginner training makes it possible for traders to advance their professional level and leads to an improvement in the performance of investors who use the demo at the start of their binary options career. Malaysia was one of the first Asian countries where the company began its expansion of the market with its full list of technical features for profitable binary trading.
Of course, you’ll also need to look at the auxiliary resources on the Binomo broker’s site. Clients of the company can use the following services and tools for free:
⦁ A free training system for newcomers to binary trading based on innovative approaches to information dissemination: instructions and manuals in an interactive format, a set of video lessons, a knowledge base, and webinars featuring professional investors
⦁ A service of analytical support for traders which offers reviews of technical indicators for trading quotes of the main underlying assets and financial market news
⦁ A selection of effective and the most efficient strategies for trading binary options that will allow investors to earn stably on the market
A minimum-amount account and minimum bets on the Binomo broker’s platform
According to the company’s trading conditions, the initial level of trading investment on the binary market is only 10 USD, and the initial cost of a binary contract of any type is 1 USD. This allows you to start on the binary market with a minimum level of investment and conduct trading operations in compliance with the basic rules of risk management. This set of trading conditions is optimal for all technical and trading parameters, and promotes profitable trading on the market.
What types of accounts are available on Binomo?
Depending on the level of initial investment, the Binomo broker offers various statuses for operating accounts which allow the trader to take advantage of certain technical and financial privileges when working with binary options. The types of trading accounts on the company’s platform are as follows:
⦁ Demo account – a training account for working on the binary market which the broker offers its clients for free. Here, market participants can take advantage of binary options demos (Malaysia, unlike other markets as we have already said, received such an opportunity right away), the full set of informational resources of the company, as well as the opportunity to participate in professional tournaments with payments of prizes in real money. This makes it possible to start earning a profit on the binary market without your own investment funds
⦁ Standard – an account with an initial capital level of $10. This operating account type provides access to all the informational and technical services. When working on the Standard account, an investor can take advantage of the following: contracts with yields of up to 85%, the basic set of underlying assets, technical analysis tools, and a profit-withdrawal mode of 3 business days
⦁ GOLD – the company offers an account with this status for an initial trader investment of at least 500 USD. Here the investor gets the following additional opportunities: trading bets with yields of up to 86%, a wide choice of underlying assets, compensation of trading losses – up to 5% per week, consultation with a personal manager, and withdrawals within 24 hours
⦁ VIP – the highest status of a trading account which a trader can receive when crediting an initial amount of capital of at least 1,000 USD. Here the trader will receive the biggest number of profitable opportunities for trading on the binary market: a fixed level of bet liquidity at 87%, the full set of underlying assets, 10% loss compensation, a monetization period of 4 hours, a personal analyst, and certain other exclusive operating conditions for the investor
What banking options does Binomo offer?
One of the most distinctive and attractive features of the Binomo broker is the access to a wide range of banking and electronic services for financial transactions involving the transfer and withdrawal of funds. The company offers the following financial instruments: YandexMoney, Neteller, Cashier 24, QIWI, VISA, WebMoney, Union Pay, MasterCard, Alpha-Click, and Sberbank-online, which allows the company’s clients to choose the best possible, easy-to-use financial payment tool for operations with the company.
How good is the broker’s Support service?
The client support and problem solving team is available on the broker’s service 24/7. You can contact the broker using your phone, email, chat, and/or Skype. At the same time, the company, as we have said, has a client-oriented policy; therefore, all issues associated with the investor’s activities are resolved only in favor of the broker’s clients. We should note on this issue that the time for processing client issues and requests is no more than an hour and it is possible to communicate in a language convenient for the trader, including English. Therefore, the company’s Support service is a very efficient and high-quality support service for working on the binary market.
Is Binomo the best binary broker?
Undoubtedly, the quantity and quality of the company’s trading services, as well as the trading performance indicators for investors on the broker’s terminal, put Binomo among the most attractive platforms for options trading. We urge Malaysia’s binary options investors to identify where the broker stands in the list of competitors after closely examining the company and its high-tech services. We’ll just mention the growth of profit volumes for traders cooperating with Binomo and the stability of their earnings.