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ExpertOption Malaysia Review

ExpertOption Malaysia Review

Expert Option Review Malaysia – Introduction

Expert Option broker in Malaysia is a leading online trading platform that provides traders with access to a wide range of financial instruments, including stocks, commodities, currencies, and indices. With its advanced technology and user-friendly interface, Expert Option Malaysia has become one of the most popular online trading platforms in the country. It offers a wide range of features, including a comprehensive charting package, advanced order types, and a variety of educational resources. With its low fees and competitive spreads, Expert Option trading platform is an ideal choice for both experienced and novice traders. We will learn more about the broker in this Expert Option Malaysia Review.

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Account Types

  • Micro Account – is designed for novice traders who want to start their trading journey with a small investment. This account type comes with a minimum deposit requirement of only $10 and offers maximum leverage of up to 1:500, allowing traders to open larger positions with a small deposit.
  • Basic Account – The basic account is the entry-level tier for Expert Option. It requires a minimum deposit of $50. This account type comes with a personal manager and provides access to educational materials.
  • Silver Account – The silver account is the next level up and requires a minimum deposit of $500. In addition to the features of the basic account, silver account holders get priority withdrawal and access to more assets for trading.
  • Gold Account – This account type is for more serious investors. It requires a minimum deposit of $2500. Gold account holders enjoy all the features of the silver account plus a personal consultant, access to risk-free trades, and faster withdrawals.
  • Platinum Account – The platinum account is the second-highest tier and is designed for professional traders. It requires a minimum deposit of $5000. Platinum account holders get all the benefits of the gold account plus access to a maximum number of assets and priority withdrawals.
  • Exclusive Account – The exclusive account is the top-tier account type and is available only by invitation. It comes with all the benefits of the platinum account and more, including access to strategies and a personal analyst.

How to Get Started with Expert Option Malaysia?

If you are looking to get started with Expert Option Malaysia, there are a few steps you should take.

  • Know about Expert Option – First, you should research the company and its services to make sure it is the right fit for you. You should also read reviews from other customers to get an idea of their experience.
  • Create an Account – This can be done online and requires basic information such as your name, email address, and phone number. You will also need to provide a valid form of identification such as a passport or driver’s license.
  • Deposit Funds – Once your Expert Option login account is created, you will need to fund it. This can be done through a variety of methods such as bank transfer, credit card, or e-wallet.
  • Start Trading – Expert Option platform in Malaysia offers a variety of trading options including stocks, commodities, indices, and currencies. You can also use their platform to trade options, futures, and CFDs.
  • Apply Strategies – When trading, it is important to understand the risks involved. You should always research the markets and understand the potential risks before investing. Additionally, you should always use stop-loss orders to protect your capital.
  • Continue Learning – Finally, you should take advantage of the educational resources offered by Expert Option Malaysia. They offer a variety of tutorials, webinars, and other resources to help you become a successful trader.

Trading Assets

Expert Option Malaysia offers a wide range of trading assets for its customers. These assets include stocks, indices, commodities, and currencies.

  • Stocks: Expert Option Malaysia offers stocks from some of the world’s leading companies, such as Apple, Microsoft, Amazon, and Facebook.
  • Indices: Customers can trade indices from major stock exchanges around the world, such as the Dow Jones Industrial Average, the S&P 500, and the NASDAQ.
  • Commodities: Expert Option Malaysia offers commodities such as gold, silver, oil, and natural gas.
  • Currencies: Customers can trade major currency pairs, such as the US Dollar/Euro, the US Dollar/Japanese Yen, and the US Dollar/British Pound.

In addition to these assets, ExpertOption Malaysia also offers a range of other trading instruments, such as options, futures, and CFDs. All of these assets can be traded with leverage, allowing customers to maximize their profits.

Expert Option Trading Platforms

Desktop App

The Expert Option desktop app in Malaysia is a popular trading platform used by Malaysians for investing in various financial markets. This platform provides users with a wide range of tools and features to aid their trading activities, such as real-time market data, comprehensive charting tools, and a smooth, user-friendly interface. It is highly regarded for its intuitive design, making it suitable for both beginners and experienced traders alike. Additionally, the Expert Option app offers a demo account for practicing trading strategies without any financial risk. With its secure, reliable, and efficient performance, it has become a go-to choice for online trading in Malaysia.

Mobile App

The Expert Option Mobile App is a sought-after digital platform that caters to online trading enthusiasts. This app has become increasingly popular among Malaysians who are interested in financial trading, offering them an accessible and flexible way to invest in a variety of assets. The app provides a user-friendly interface, a wide range of educational resources, and 24/7 customer support. Expert Option is known for its advanced features such as social trading, where users can follow successful traders and copy their strategies. It also has a customizable interface that allows users to adjust the platform to their personal trading style. The app is compatible with both iOS and Android devices, making it an ideal choice for on-the-go trading.

Expert Option Malaysia: An Overview of Trading Tools

Technical Indicators

Technical indicators in Expert Option help traders to predict future market movements. These tools analyze past price trends and volumes to form patterns that can suggest future activity. They include Moving Averages, Relative Strength Index (RSI), Bollinger Bands, and more. Each indicator provides unique insights into market trends and allows traders to make informed decisions based on the data.

Fundamental Analysis

Another critical tool offered by Expert Option. It helps traders understand the intrinsic value of an asset by examining related economic and financial factors. These factors include earnings reports, economic indicators, industry conditions, and management efficiency. By analyzing these factors, traders can make long-term investment decisions.

Real-time Market Data

Real-time market data is one of the most useful tools provided by Expert Option. This feature allows traders to monitor the current market situation, including price changes and trends. It also provides updates on economic events that could impact the market, enabling traders to react quickly to market changes.

Charting Tools

Charting tools are essential in helping traders visualize market trends and patterns. Expert Option provides advanced charting tools that allow traders to customize their charts according to their trading style. These tools can show various time frames, and different types of charts such as candlestick and line charts, and even include technical indicators.

Social Trading

Finally, Expert Option offers social trading, a feature that allows traders to follow and copy the strategies of successful traders. This feature not only helps beginners learn from experienced traders but also allows all traders to diversify their strategies and minimize risk.

Expert Option Deposit Options

Expert Option Malaysia offers a variety of deposit options to cater to the diverse financial needs of its customers. This flexibility allows traders to fund their accounts with ease, making the trading process straightforward.

  • Bank Transfers – Many Malaysian traders prefer bank transfers due to their security and directness. Expert Option supports local and international bank transfers, ensuring that traders can deposit funds conveniently. This method, although reliable, may take 1-3 business days due to bank processing times.
  • E-Wallets – Expert Option also supports various e-wallets, providing a quick and easy deposit option. Traders can use popular e-wallets like Skrill, Neteller, and WebMoney. These platforms provide instantaneous transactions, allowing traders to commence trading immediately after depositing funds.
  • Credit/Debit Cards – Another popular deposit option is using credit or debit cards. Expert Option accepts major cards like Visa and Mastercard. This method is not only convenient but also efficient, with most transactions processed immediately.
  • Cryptocurrencies – Traders can use popular cryptocurrencies like Bitcoin, Ethereum, or Litecoin to fund their trading accounts. This deposit option is especially beneficial for users who prefer the anonymity, low transaction fees, and fast processing times that cryptocurrencies offer.

Expert Option Withdrawal Options in Malaysia

  • Bank Transfers – A common withdrawal option on Expert Option in Malaysia is bank transfers. This method is popular because of its universality and straightforwardness. To withdraw via bank transfer, traders simply need to submit a withdrawal request and provide their bank details. It’s a secure option that allows you to transfer your funds directly to your bank account.
  • E-Wallets – Expert Option also supports e-wallets, which are increasingly becoming a favored method for online transactions. Traders can use e-wallets like Neteller, Skrill, and WebMoney. This method is appreciated for its speed and convenience, as it allows instant transfers and low transaction fees.
  • Credit/Debit Cards – Another withdrawal option is through credit/debit cards. This option is often preferred by traders who use the same method for their deposits. Traders can make withdrawals to Visa, MasterCard, or Maestro cards. It’s worth noting that the card used for withdrawal needs to be in the trader’s name.

  Withdrawal Limit and Processing Time

Expert Option has a minimum withdrawal limit of $10. The processing time for withdrawals usually takes between 2 to 5 business days, depending on the method chosen. However, VIP traders enjoy quicker processing times.

Expert Option Malaysia also offers a variety of security measures to ensure the safety of its customers’ funds. All deposits and withdrawals are protected by SSL encryption technology and all transactions are monitored for suspicious activity. Additionally, Expert Option Malaysia is compliant with the Payment Card Industry Data Security Standard (PCI DSS) and is certified by the Financial Commission.

Bonus and Promotions

  • Welcome Bonus: This is the first bonus that traders receive when they sign up on the platform. The welcome bonus can range from 20% to 100% of the first deposit amount, depending on the value of the deposit.
  • Deposit Bonus: Expert Option often provides deposit bonuses to encourage more trading activities. These bonuses can differ according to the deposit amount and the frequency of deposits.
  • Loyalty Bonus: This bonus is designed for long-term traders. The more trades a user makes, the higher their chances of receiving a loyalty bonus. The amount can vary and is usually a percentage of the total trade value.
  • Referral Bonus: Expert Option also rewards users for referring friends to the platform. When a referred friend signs up and makes a deposit, the referrer receives a certain bonus amount.
  • Promotional Offers: Expert Option runs several promotions throughout the year. These include trading contests with cash prizes, increased returns on certain trades, and special bonuses during festive seasons.
  • VIP Account: By upgrading to a VIP account, users can enjoy additional benefits such as higher profit percentages, priority withdrawal, and a personal account manager. This account also includes a bonus every time a deposit is made.
  • Educational Bonus: This bonus is given to users who participate in the platform’s educational resources like webinars, tutorials, and more. It aims to encourage traders to improve their trading skills.
  • No Deposit Bonus: This is a unique promotion where traders can receive a bonus without making any deposit. However, this offer is not always available and is usually part of special promotional events.

These bonuses and promotions are subject to terms and conditions, which traders should understand before participating. They can significantly enhance trading experiences and increase opportunities for making profits.

Is Expert Option Legal in Malaysia?

Expert Option is legal in Malaysia. Malaysian citizens have the right to trade on this platform without violation of any national laws. Expert Option is recognized internationally for its user-friendly interface and wide range of trading options, and it operates in full compliance with the regulations of the financial markets. It provides Malaysian traders an opportunity to participate in trading activities involving various assets, including commodities, stocks, and cryptocurrencies. It’s essential, however, for users to be aware of their tax obligations, as profits from trading might be taxable under Malaysian law. Is Expert Option legit? The answer is yes, it is a legit and reliable binary options broker in Malaysia.

Is Expert Option Halal or Haram in Malaysia?

Expert Option is considered halal in Malaysia. This means it adheres to the principles of Islamic finance, which prohibits earning interest or any form of gambling. The service operates in compliance with the ethical and religious standards set by the Malaysian Islamic authorities. Expert Option provides a platform for users to trade in various financial markets, without violating the rules of Sharia law. Therefore, it is widely used and accepted by the Muslim community in Malaysia.

Education & Customer Support

The Expert Option platform is available in Malaysia and offers a variety of educational resources and customer support options to help traders become successful.

The educational resources provided by Expert Option in Malaysia include a range of articles, tutorials, and videos that cover topics like trading strategies, risk management, technical analysis, and market trends. These resources are designed to help traders of all levels improve their skills and make informed trading decisions.

In addition to these educational resources, Expert Option also offers customer support options that are available 24/7. Traders can contact the support team via phone, email, or live chat to get help with any issues they may be experiencing. The support team is knowledgeable and responsive, and they can assist with everything from account setup to technical issues.

Overall, Expert Option broker is a great choice for traders in Malaysia who are looking for a reliable and user-friendly trading platform. With its extensive educational resources and responsive customer support, Expert Option is well-equipped to help traders achieve their financial goals.

Expert Option Review Malaysia – Conclusion

Expert Option Malaysia is a great choice for those looking to trade in the Malaysian market. It offers a wide range of trading options, competitive fees, and a user-friendly platform. With its low minimum deposit requirement and easy-to-use interface, Expert Option Malaysia is an ideal choice for both experienced and novice traders. With its reliable customer service and secure trading environment, Expert Option Broker Malaysia is a great choice for those looking to trade in the Malaysian market. Is  Expert Option real or fake? It is 100% real and not a scam.

Check out our reviews of other legitimate binary options brokers in Malaysia here.

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