AnyOption have ceased all operations. Please visit our recommended brokers page for a comprehensive list of brokers.
When we talk about binary options trading and its effect on the retail trading industry, we often come up with the age of binary options market and the multitude of new brokers that are setting up a brokerage in different parts of the world. In fact, binary options trading has had its fair share of scams, frauds, malpractices, and broker disputes, which has resulted in the market witnessing a rise and fall in the number of brokerages in the market.
anyoption is one of the oldest binary options brokerages in the market that still has a significant amount of positive reputation among traders and investors. anyoption was one of the very first companies to pounce on the popularity of binary options trading, which has helped the company to develop and innovate its services according to the changes in the industry. anyoption is indeed one of the best binary options companies in the market, and traders are guaranteed of a high-quality service without making any compromises. Read our anyoption broker review to get more information about the products and trading platforms.
anyoption Regulatory Status
anyoption is a regulated binary options broker, which makes it significantly better than most of its competition in the market. It is difficult for brokers to maintain a profitable binary options business model with a valid regulation, which is why a majority of brokers resort to operating from tax havens and relatively modest jurisdictions to circumvent regulatory guidelines and improve profits. However, anyoption has a capable team of directors and shareholders in its management that is fully aware of the benefits of being regulated by a credible and verified regulatory organisation.
The anyoption brand name is operated by Ouroboros Derivatives Trading Ltd., which operates from its main headquarters in Nicosia, Cyprus. Obviously, anyoption is regulated by the Cyprus Securities and Exchanges Commission (CySEC) and is compliant with the European Markets in Financial Instruments Derivatives (MiFID) that stipulate various guidelines that help in creating a uniform code of conduct for financial companies. anyoption complies with the strict EU guidelines and is approved by the European Economic Area (EEA) passport and the European Securities and Markets Authority (ESMA) to offer binary options products and services to traders from the EU.
anyoption is also required to follow several Anti-Money Laundering guidelines, which prevents the broker from indulging any financial malpractices. Cypriot Investment Firms (CIFs) have an obligation to display evidence of holding at least €1 million as their operating capital, which should not be mixed with their traders’ investments. Segregation of clients’ funds, routine auditing, and protection of capital under the Investor Compensation Fund (ICF) are some of the advantages of CySEC regulation. The ICF offers up to €20,000 compensation in the event of broker insolvency, along with other security measures that offer excellent protection for traders’ investments.
anyoption might not be legal in several countries such as the US, Japan, Australia, and Canada, as these countries have pretty strict laws governing binary options trading and financial investments. CIFs may also be barred from catering to traders from some jurisdictions; hence, consult with anyoption account manager before proceeding further.
Anyoption is seen to improve its services over the years and have managed to amass a comprehensive collection of tradable assets for binary options trading. There are a wide variety of choices, including trading in stocks, indices, currencies, and commodities. These binary options are developed to promote 24 hours trading for currencies and commodities, while several options even allow the flexibility to trade over the weekends. Naturally, stocks and indices will only be available during the open market hours, but anyoption promises to provide the best liquidity and volumes for their instruments.
UNITED STATES – Dow Jones, Nasdaq, S&P 500
EUROPE – AEX (Amsterdam), CAC 40, Cac Future, Copenhagen 20, DAX, DAX Future, Euronext 100, FTSE 100, FTSE All-Share, FTSE IT All-Share, FTSE MIB, IBEX35 (Spain), MDAX, OMX Stockholm 30, PSI 20, TECDAX
ASIA PACIFIC – Bombay 30, Hang Seng, Kosdaq, Nikkei 225, SP/ASX200 Sydney, TOPIX500 (Tokyo)
MIDDLE EAST – Dubai
AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/JPY, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/DKK, USD/JPY, USD/NOK, USD/PLN, USD/RUB, USD/SEK
Brent Oil, Gold
UNITED STATES – AIG, Alcoa, Alibaba, Amazon, American Airlines, Apple, Baidu, Bank of America, Boeing, Caterpillar, Cisco Systems, Citigroup, Coca-Cola, Delta Air Lines, eBay, Embraer, Exxon Mobil, Facebook, Ferrari NY, General Motors, Goldcorp, Goldman Sachs, Google, Intel, JPMorgan Chase, Macy’s, MasterCard, McDonalds, Microsoft, Morgan Stanley, Netflix, NIKE, Noble Energy, NVIDIA, Paypal, Pepsi, Pfizer, Philip Morris, Procter & Gamble, Snap, Starbucks, Tesla, Teva, Twitter, Wal-Mart, Walt Disney
EUROPE – Adidas, Allianz, Banco Santander, BBVA, BMW, Deutsche Bank, E.ON, EDF, HEINEKEN, PHILIPS, Renault, Royal Dutch Shell, SAP, Societe Generale, Telefonica, UNILEVER
ASIA PACIFIC – ANZ Bank, BHP Billiton, Mitsubishi, National Australia Bank, Toyota Motor
Apple, AUD/USD, EUR/USD, Facebook, GBP/USD, Google, IBEX35 (Spain), USD/NOK, USD/SEK
AUD/USD, Dax, Dow, EUR/JPY, EUR/USD, GBP/USD
The number of binary assets does provide a sufficient reassurance for traders to ensure that they have full coverage of the financial markets. If there is any criticism, it would be that the broker has only a limited number of currencies and commodities, but there isn’t any major concern over the overall choice of assets. anyoption has also ensured that they provide the best quotes for all of their underlying instruments. Unlike several binary options companies that may tamper with the live price feeds, anyoption ensures a strict trade execution policy, where prices are representative of the live market conditions. anyoption does not create any induced conflict of interest by altering the trading parameters, which is one of the main benefits of trading with a regulated company such as anyoption.
anyoption Products & Options Payouts
anyoption is one of the pioneers in the industry, and have often resorted to innovative products to impress its traders. anyoption is not only committed to embracing new products, but the broker is also known to design entirely new products that are guaranteed to provide a highly lucrative trading proposition. For example, anyoption offers five different binary options products, which includes the standard high/low binary options, one touch, long-term, and new types of binary options such as Dynamics and OPTION+.
The Dynamics and OPTION+ options are merely existing products that are offered with a few modifications. The Dynamics option is based on the above/below binary options, while the OPTION+ product is designed to offer the ability to manage and exit trades well before their time of expiry. The classic binary options, including one-touch and long-term, also provides a stable trading environment, but the broker seems to have missed out on providing ladder options.
Regardless, the broker offers a healthy payout on its high-risk options such as one touch and long-term options, which offer as much as 500% for in-the-money (ITM) trades. The long-term binary options offer up to 90% returns for profitable trades, which contributes to a higher payout than the other long-term options that are available at competing brokers. However, the payouts are a bit conservative for the classic binary options and OPTIONS+ product, which only offer a maximum of 75% payouts for ITM trades. On the plus side, these options grant the opportunity to receive a refund for Out-Of-The-Money (OTM) trades, which can return up to 25% of the invested capital.
The payouts naturally decrease according to an increase in the refund chosen by the trader, with the maximum refund of 25% available in return for a 55% payout. Traders can invest as little as $25 per option, with some contracts offering the convenience of a lower investment. There is a maximum investment threshold of $10,000 per position, as the broker imposes a maximum limit on the capital exposure to prevent high-risk trading. The minimum trade size of $25 may not be suitable for smaller traders, and it would have been more convenient if anyoption allowed its traders to start trading with a smaller position size.
anyoption may charge a commission for trading for its OPTIONS+ and Dynamics products, as these allow more flexibility for trading. Other than the commission, the traditional binary options products don’t include any trading costs and are free of any hidden fees or charges.
anyoption used to provide a good amount of bonus for its clients, but a recent clampdown on bonus abuse and conflict of interest has forced several regulators such as CySEC to intervene. It is presently illegal for regulated binary options companies to offer free money on deposits, which has forced anyoption to withdraw its bonus program. It is also vital for a broker to avoid a bonus offering for the long-term viability and good customer service experience. However, anyoption traders may be at a disadvantage, considering that other binary options brokers offer attractive bonuses that can match up to 100% of the deposit. Nevertheless, traders shouldn’t consider the lack of a bonus to be a disadvantage, as it ensures that traders can receive the best trading conditions without any strings attached.
anyoption Trading Platform
anyoption started its brokerage very early on in the market and had to develop a proprietary platform to offer its services. Nowadays, there are several third-party binary options platforms in the market, which allows brokers to offer a highly capable interface for trading. However, anyoption didn’t have that luxury at the beginning of its brokerage, which had prompted the key company heads to entrust a group of talented programmers to develop a proprietary binary options trading platform.
The anyoption platform that is currently on offer is developed entirely in-house and has seen numerous improvements over the years. The present version is a highly capable browser-based interface that offers a basic trading layout that offers a familiar trading environment. The web trader interface ensures that traders can trade on any device, and can access their accounts on the move without the need for a dedicated trading platform or installable software.
Despite the excellent trading interface, the analytical tools are quite limited, but we don’t expect any binary options broker to offer advanced charting capabilities or custom indicators. Therefore, the anyoption platform has indeed managed to outperform its chief rivals and is one of the more dependable platforms available in the market.
anyoption Mobile Apps
anyoption has not forgotten the relevance of keeping up with the trend and has developed individual mobile apps for smartphone and tablet users. Traders can download the anyoption apps for iOS and Android through the App store and the Play store, or if you don’t use an iOS or Android device, you can make use of the company’s web trading platform for your mobile trading needs. anyoption has managed to stay ahead of its competition through constant improvements, and the company has not afforded to relax during its journey towards becoming one of the most established players in the industry. The anyoption mobile trading platforms can provide an excellent trading experience through a mobile device, and are as efficient as other existing mobile trading platforms.
Making An anyoption Minimum Deposit
anyoption only has a single account for trading the markets, which offers a trading account for a minimum deposit of $250. anyoption is not really an expensive broker, but the trading conditions may be more suited to professional traders, as traders are recommended to make significant investments on the binary options contracts. Nevertheless, traders can deposit their trading capital using several payment systems such as credit/debit cards, bank wire, Skrill, and Neteller. anyoption does not charge any transaction fees for its deposits, and all payment methods, except the bank wire transfer, facilitate instant deposit.
Withdrawing funds from anyoption is another matter altogether. Of course, anyoption is required to comply with AML laws and EU regulations, but the broker specifies a minimum withdrawal time of 5 working days, where the funds will be held in the broker’s account. Traders are given a choice to reverse their withdrawal within three days of initiating a withdrawal request, after which, the broker will process the withdrawal according to the trader’s request.
Traders must also be aware of the charges in withdrawals, along with a minimum withdrawal amount that may be applicable to the payment method. We did find it strange that the broker accepts deposits through Skrill, Neteller, and other e-wallets, but all withdrawals will only be processed through a bank wire transfer or Visa/MasterCard. anyoption should never adopt such a policy, as the company should at least allow its traders to withdraw to the same account that was used to fund the account.
Despite the anomalies in deposits and withdrawals, anyoption is regulated by the CySEC, which ensures that all funds are held in secure accounts. The broker has built its positive reputation not only through a great set of products but also through its financial transactions and 100% withdrawal policies that help traders to trust the broker’s services.
anyoption Customer Service
anyoption offers a professional customer support experience, as would be expected from a regulated binary options company. The broker has provided excellent support for its European customers through live phone numbers, but international traders can also use these hotline numbers, email, and web contact forms for contacting the broker for any issues or complaints. You can also have your account manager or customer service representative call you through the ‘Request Callback’ feature. The customer service team is quite courteous and knowledgeable, making them highly approachable for any trader input.
anyoption is not as dependable as its competitors in this regard, which is down to the absence of any trading tools or materials available for analysing the markets. The broker offers a very normal educational resource that offers academy videos and a few extra materials, but it is not sufficient for expert or professional traders. Regardless, we are certainly impressed by the free anyoption demo account offering, which allows traders to trade on a virtual account without risking their money.
- An established broker since 2008.
- Regulated by the CySEC.
- Excellent products and a wide choice of assets.
- High payouts of up to 500%.
- Refunds available for losing trades.
- Reliable binary options platform.
- Availability of mobile trading apps for iOS and Android.
- Trading conditions need improvement.
- Slightly confusing and tedious withdrawal policies.
- The absence of advanced trading resources.
How Long Has anyoption Been Operating In The Markets?
anyoption has been operating in the markets since 2008 and is one of the leading binary options brokerages in the market.
Is anyoption Regulated?
Yes, anyoption is regulated by the CySEC.
Does anyoption Offer A Demo Account?
Yes, anyoption offers a free demo account to all users.
How Long Does It Take For A Withdrawal?
Withdrawing funds from anyoption take at least 3-5 working days. anyoption is not exceptionally popular for fast processing of withdrawals.