anyoption Broker Review 2018
Due to numerous complaints regarding anyoption we have decided to revoke our endorsement of this provider.
We recommend you check out our top rated list and avoid being their next scam victim.
- US Traders
- 100+ Assets
- 2-3 Day Payouts
- Mobile Friendly
- Low Deposit
There are many binary trading sites available online but very few are as highly acclaimed as anyoption. An industry innovator, that is considered one of the more seasoned professionals in the market, this firm is indeed a veteran or, some may say, one of the forefathers of the binary options world.
Launched in 2009 and regulated by CySEC (Cyprus Securities and Exchange Commission) they are based in Cyprus. Regarded as an authentic pioneer in the options industry they seek to offer investors a profitable, user-friendly platform for the most sought after markets. With an intuitive and simple trading platform, which hasn't changed a lot during the years, their formula seems to be "keeping it simple".
The broker affords beginners exact instructions relating to trading and offers an extensive range of assets (more than 200) to trade in which is another aspect that appeals to many traders. The objective of the broker is to give both new and experienced traders the opportunity to trade in via a user friendly platform that allows you to trade on the go.
Check out our anyoption review to discover everything you need to know, including:
- The types of account available and bonuses you can expect from this broker
- What you can learn in terms of trade types, payouts and future your prospects
- The special trading features and how they can be beneficial to making profit
Unlike many brokers that use a multi-tiered account system of mini, bronze, silver, gold, VIP, platinum, diamond etc. the anyoption platform has just two accounts, the Standard Account and the VIP Account. The minimum trade is a significant $25.
A Standard Account, which is the most basic of the accounts, requires a minimum deposit of $200 and is perfect for new traders who want to improve as investors. While the minimum deposit amount with anyoption is $100, this account starts at $200. As such, consider depositing at least $200 if you want to receive all the benefits that this account has to offer to make the most of your trading experience.
To open this account you will need a deposit of $5,000 or more. Additional exclusive features here can be discussed with a representative but extra features depend on your requirements as well as the deposited amount. Depositing $10,000 will naturally afford you a better negotiating position than $5,000.
Both account types are packed with various features that include rebates of up to 20%, access to an account manager, educational material and full access to the bespoke platform.
Trade Types And Payouts
These are the classic types of binary options trades and are otherwise known as the Call/Put options. The aim of this is to predict whether the price of the asset that you select will go higher or lower than the current price by the expiry time.
This feature allows you to sell your options before the expiry-times elapse. When you click the "GET QUOTE" tab on the "Option+" screen, you can either close your binary option at the displayed quoted price or you could choose to wait it out until expiration.
One Touch Options
The One Touch option is simply whether or not the price of an asset will touch a predicted price by the expiry time. This could be higher or lower than the current price.
Binary 0-100 Options
This facility helps you to select an event, and then go for one of two options; "buy" should you predict that an event will happen, or "sell" should you predict that an event won't happen. In both you risk the difference between the price and 100.
Latest Winning Payouts
Bonuses And Promotions
When it comes to bonuses and promotions it is hard to determine from the website what exactly the bonuses are on offer. There are reports that they offer an account welcome bonus of $100 but it doesn't appear to be set in stone. They don't specify anywhere what bonuses they offer but they do offer them from time to time in the form of deposit and no deposit bonuses.
In addition to irregularly timed bonuses they do offer promotions such as air miles for every trade you place. These promotions are usually marketed on the home page of their website on a revolving carousel so are prominently featured and carry certain restrictions and conditions.
Mobile trading is important for those who want to trade on the go and in this day and age that is most people. If the company don't have a decent mobile offering then it is unlikely that they will achieve much success. You don't build the reputation and standing in the binary options world that anyoption have without paying close attention to technology and evolving to meet the demands of the customers.
As you type the domain name into safari on your mobile device you are offered a choice of the app that is relevant to your device or the mobile website. The mobile website is fully responsive allowing you to see everything you need at the touch of your screen whatever device you are using.
Alternatively you can download the app for Android or iOS and trade on the go. For many the choice between a mobile website and an app is down to personal preference, with anyoption you can choose.
Deposits And Withdrawals
The minimum deposit you are required to make with anyoption is $200. There are various methods one can use when depositing and they include Credit/Debit cards, Bank Wire, Skrill and other domestic payment methods. You register for free as there is no deposit required and clients from Europe are welcome alongside various other countries.
You may make your withdrawals any time, and the best part is that there is no minimum amount required. Again, you are only allowed to make one free withdrawal monthly, and you'll be charged $30 for any additional withdrawals so it is important to ensure that you withdraw funds wisely. During our testing and evaluation process we had no withdrawal problems.
Trading with anyoption does offer some special incentives and rewards which are offered for a specific period of time. One of these short term incentive schemes is called "Trade & Fly" a feature which earns you air miles for every trade you place with Air Berlin. Before you take advantage of these incentives it is important to check the terms and conditions to ensure that they apply to your country as the current promotion only applies to Europe.
Unlike some brokers which offer trading over 5 days a week, with the anyoption platform you can trade right through the weekend and you can in fact trade on the platform 24 hours a day, 7 days a week with more than 100 assets and weekend specials. In addition to this feature they also offer help and advice to traders who need more education or understanding of trading.
Expert Broker Reviews
anyoption is available in more than 14 various languages including English, Japanese, Spanish, Arabic and more. As such, it's no surprise that the customer support team is international as well, with phone numbers and local language teams available in all the countries they operate in. There's a Live Chat option available for fast access plus a great call back facility when you don't have time to wait for a customer support representative.
You may have to wait during weekends to get a response but on weekdays, you have 24 hour access to their service team from Monday at 6am through to Friday at 10pm. The anyoption objective is to keep it simple and they have managed to carve a very good reputation for themselves through their trading platform and their care and attention to their customer base.
anyoption have been round long enough to perfect their strategy and make sure that what they are offering to customers is what they need. From mobile trading to the features of the minimum choice of accounts they appear to have thought of everything. They strive to keep it simple for traders, something which we can agree that they achieve. There are no fancy bonus structures, no complex account menus and a straightforward list of trade types.
Their platform is available to trade 24/7 as is their customer service team and their attention to detail means that they are able to offer a solid binary trading experience to traders both new and experienced. With a good mobile trading platform available on their mobile website or with the app, traders can make money on the move with little fuss or complication. anyoption certainly seem to tick all of the right boxes.
Reviewed by: BinaryOptionsExpert.net
More Broker Reviews
Frequently Asked Questions
Is anyoption legit, will they scam me?
anyoption were the first in the industry launching in 2008 when no-one had even heard of binary options. Over this time they have built a reputation as one of the best in the field. They are regulated by one of the top regulators (CySEC), and based in Cyprus. With a simple platform and a commitment to customer service and providing the trader with exactly what they need we are happy to recommend this broker.
Do they have a decent mobile or tablet app?
As soon as you open up your browser on your mobile you are given the choice of the mobile website or downloading the app. Upon further investigation you will find that their website is fully responsive to the type of device that you are using and that they have an app on both the App Store and Google Play Store. The good news is that whatever device you are using and whether you prefer the app or the website you can trade on the move simply and effectively.
What bonus do they offer for new traders?
It is not widely promoted what bonuses this broker offers to new traders. There is mention of a $100 welcome bonus with a $200 deposit but this is not confirmed at the point of sign up. We understand that the broker offers discretionary bonuses as and when they see fit. One thing that they do promote is time sensitive promotions like air miles for every trade you make. These have conditions attached so it is important to ensure that you read them first.
Can I start trading on a free demo account?
Whilst there is a demo account offered to new traders there is also the interactive trading demo which walks you through the process of trading. The demo account itself allows the trader to place risk free trades on the platform and get familiar before spending the money in their account. The interactive demo will highlight different things and tell you what to do and when.
What's the minimum deposit and trade amount?
The minimum deposit required to open a Standard Account, which is the most basic of the two accounts offered, is $200. After this the minimum deposit required is $100. The minimum amount required per trade is $25 which would indicate that anyoption are looking for the more serious traders who have more money to trade with rather than new and inexperienced traders, their live demo would also indicate this.