anyoption were one of the very first online platforms to offer trading in Binary Options. Operating since 2008, anyoption is registered in Cyprus and has established a large and growing client base from around the world. Since their formation, the anyoption platform has changed very little, maintaining its ‘keep things simple’ approach that continues to appeal to new traders and those with little or no experience of trading the financial markets.
anyoption has established itself as one of the larger and more professional brands with customers in over 150 countries enjoying expiry levels provided by the trusted Thomson Reuters.
The anyoption trading platform is an online only platform that is available in 8 languages; English, Turkish, French, German, Italian, Russian, Arabic, Spanish and Chinese. anyoption offer a web based platform which means that there is no download necessary and anyone can log in to the platform from any computer. This is a big plus if you are on the move, share a computer or are on a computer without admin rights.
anyoption were also one of the very first to introduce mobile trading and provide a free downloadable platform for both android phones and iPhones. The mobile platforms offer a user friendly interface with trading available on over 100 markets.
At anyoption, the ways to trade are kept relatively simple; hence the large numbers of new traders that start their binary options trading journey with anyoption. There are three ways to trade
- The standard high/low where you make a put or a call option on whether or not the underlying asset will finish above or below a specified price at the time of the contract expiry
- Option+ – With this trading, you can sell at any time, your option to anyoption, without having to wait for the contract to expire
- One Touch – One touch options at anyoption is where the price of the underlying asset only has to reach (touch) a price level during its contract time and does not need to exceed the price level at the time of expiry. One touch options are available for purchase at weekends between close of trading on Friday and Sunday evening
Contract Expiry Times
At anyoption there are four different expiry times which are available on most of the tradable assets:
- Hourly contract expiry times
- Daily contract expiry times
- Weekly contract expiry times
- Monthly contract expiry times
Whilst other platforms offer shorter contract expiry times, these are generally for the more advanced traders. Generally, the shorter the contract expiry, the harder it is to make an educated prediction, so the anyoption offerings are suited to the novice traders.
The most popular contract expiry time is the hourly contracts and traders at anyoption can benefit from the use of the anyoption ‘Profit Line’ feature, which is a chart tracking in real time an open option enabling the trader to receive up to the minute information regarding estimated profit and the ability to purchase further options direct from the graph.
Take Profit – anyoption provides a very useful facility to traders called take profit which enables a customer to lock in a profit before the contract expiry time. The trader pays a premium for the right to lock in a profit 15 minutes before the contract expires. This feature is available for 5 minutes and is a particularly popular tool for traders to secure profits in the fast paced nature of Binary Options trading.
This is an example of how a typical Take Profit screen would look like:
Roll Forward – anyoption offer a great facility in which the trader has the ability to roll forward or postpone the expiry time of an option in exchange for a premium. This is particularly useful if it looks that your prediction may not expire in the way you want it to be. It is offered on certain binary options and like the take profit feature, it is available for 5 minutes, 15 minutes before the contract is due to expire.
This is an example of how a typical Roll Forward screen looks like:
Minimum / Maximum Trade Amounts
anyoption offer a minimum trade amount of 25 Euros / US Dollars / British Pounds which is very much similar to what many platforms are currently offering. The maximum trading amount is 5000 Euros / US Dollars / British Pounds, which again is very much the industry standard.
Anyoption Screen Shots
Below is a screenshot from the option+ feature:
anyoption Asset List
anyoption have an extensive list of tradable assets that keeps on growing. The assets are split into four categories:
With well over 200 assets to trade, anyoption provides a diverse and interesting portfolio for traders to invest in. As well as all the usual major currency pairs, anyoption has a large list of global stocks to trade from Europe, Asia and the United States. This ensures that there really is something for everyone at anyoption, regardless of location. There are a number of tradable stocks that are household names, throughout the world including Microsoft, Apple, Intel, Barclays and Toyota.
anyoption also provides a better than average list of indices to trade in with all the major indices available as well as some of the lesser known and more specialist ones. In the commodity asset list, there is the ever popular Gold, Silver, Oil and Copper.
Anyoption offer a respectable payout of up to 71% depending on what is being traded and the expiry time of the option. Generally, payouts are between 65-71% at anyoption, which although may not be the very highest payout available in the binary options world, they are certainly not the lowest.
As well as the healthy returns available at anyoption, it is possible to get up to 15% of your initial investment on trade that is incorrect and finished ‘out of the money’.
A big plus for anyoption is the return available on their one touch trading which is conducted at weekends. This relatively new feature offers a market busting return of up to 380% and is proving to be a very popular and profitable feature amongst its hundreds of thousands of global customers.
Minimum Deposits and Payment Methods
anyoption offer a minimum deposit level of 100 Euros / US Dollars / British Pounds depending on the currency selected. There is an extensive list of payment and withdrawal methods available at anyoption and with just every country there are a number of options a trader can choose to deposit with. All the usual methods are there, including credit card, wire transfer, skrill (formerly moneybookers), CashU and debit cards.
There is no minimal withdrawal amount. However, anyoption does give its traders one free withdrawal per month. After that, further withdrawals incur a fee of 30 USD/25 EUR/20 GBP. For added security and the trader’s protection, in order to make a withdrawal, the trader will be required to send copies of identification documents as to comply with the strict money laundering guidelines in place for the trader’s security.
anyoption also offer a withdrawal reversal facility which enables the trader to cancel a withdrawal request and the money be returned to the traders account within three days of making a withdrawal reversal request
anyoption Customer Support
anyoption operates a very high standard of customer support which is available in 8 languages and can be accessed via Live Chat, email, fax, telephone and a call back option. There are currently 17 different telephone numbers to call from countries all around the world, making it a truly global operation, but with a commendable local feel to it.
The support hours offered by anyoption are from Monday at 07:00 through to Friday at 23:00, 24 hours a day.
Although the live chat facility is the quickest and most direct way of obtaining professional multi lingual support, anyoption has forged a strong reputation over the years for providing fast and efficient support and assistance through all its methods of communication.
At time of writing, there were no deposit bonuses on offer at anyoption. From time to time, they offer bonuses, so it is worth checking out its website or contacting support to see if there is anything on offer. In line with their ‘keep it simple’ approach, anyoption seem to prefer to offer good solid products, healthy returns and a straightforward approach to trading as opposed to flashy bonuses on an inferior product.
There are three features with anyoption that warrant a special mention. The first is rolling news provided by Reuters. These can be a great call to action and what is displayed is up to the minute, accurate and actionable.
There is also a great show off wall provided by anyoption which automatically presents a list of winning trades, how much was made, by whom and on what asset. These can be of great assistance to traders, especially newer ones learning how to trade binary options. The past 100 earnings are all displayed and show just how easy and fast, big profits can be made trading binary options.
Finally, anyoption offer a no risk, no obligation demo account where you can see how the easy to use platform works. The graphs are explained clearly and concisely and overall the demo provides a great way for novice traders to understand the platform and learn how to make a trade, enhancing the appeal of anyoption with many new traders
Pros and Cons
- Easy to use platform available in 8 languages
- No download required
- Weekend trading with returns up to 380%
- Large Asset List
- Up to 15% return available even if an option finishes out of the money
- Excellent customer support
- US traders accepted
- No shorter contract expiries than one hour
- Lack of regular bonuses and promotions
anyoption is a good solid binary options trading platform that has been a pioneer amongst platforms for a number of years now. Being one of the first to break new ground in many different areas including mobile trading, anyoption has maintained and increased its appeal by offering a simple uncomplicated platform that is easy to use and offering good returns, with the 380% offered in weekend trading on the one touch platform being one of the highest in the industry.
Generally, the payouts are of industry standard, but with an extensive asset list that puts many platforms to shame, there really is something for everyone at anyoption. In particular, anyoption is appealing to many novice traders who find the simplicity and ease of use of trading at anyoption something that makes it stand out over its rivals.
Although not regulated like many other brokers, the fact that anyoption have been around longer than most and were one of the first to introduce high level safety procedures into its operation is testimony to how serious it takes the welfare and security of its very large client base, very seriously.
Overall, anyoption is a trusted brand that offers a large number of assets, healthy payouts and a range of simple, uncomplicated features extremely popular with novice traders.