First, you must:
- Be above 18 years old
- Be a Malaysian citizen, Malaysian permanent resident, or a foreigner legitimately residing in Malaysia pursuant to a valid visa and with a valid mailing address
- Not be a US person under the Foreign Account Tax Compliance Act (FATCA)
- Be a tax resident of Malaysia only
- Hold a valid bank account in Malaysia and a Malaysian mobile phone number, with no existing or pending bankruptcy or winding‑up petition
Next, download the Bursa Gold Dinar (BGD) app from the Apple App Store or Google Play Store. Enter your name, phone number, and email address to create a BGD account, and validate your email address.
To start buying or selling, you will need to upgrade your account to a Trading account by:
- Taking a photo of your ID
- Taking a selfie for verification
- Updating your personal information
- Completing FATCA and Common Reporting Standard (CRS) declarations
Approval typically takes less than three (3) business days, after which you can begin trading gold.