Anyoption was one of the first brokers to offer binary options, and remains one of the largest in the industry. Operated by Ouroboros, the company is registered in Cyprus and regulated by CySec . They have also managed to register with the Financial Conduct Authority , although the FCA has not yet taken on liability in the UK.
Any activity carried out in accordance with the mission statement, anyone can trade live and offers a wide range of option types, as well as relatively low deposit and trading minimums. The trading platform is designed to make trading easy for new investors, and offers features and markets that will appeal to professional traders.
Head straight to; Anyoption app or bonus
Here are some other important branding-related details;
- Demo account – No
- Minimum deposit – £200
- Minimum trade – £25
- Signal Service – No
- Bonus Details – 1 Free Trade Risk .
- Mobile App – Yes. Android and iOS devices catered for.
- Is there any regulation? – Yes, with CySec (and registered with FCA)
Exchanges
Anyoption’s platform is fast and easy to use. Its features are focused on providing flexibility and allowing traders to monitor and maximize their profits.
Anyoption site layout ‘looks and feels’. The trading area doesn’t have the usual red and green buttons, but the arrows are more subtle. This makes the trading area feel less frenetic, but also usable.
The choice of options is listed on the top of the trading platform. The asset range is then listed from the drop-down menu directly below the option selection. This area is configured so that traders can open multiple trading windows at the same time. Each window shows a short-term price chart, plus the expiration time, the current option price, and the settlement value. The transaction size modification will automatically update if it is correct, get the value. There is also a value that will show any potential rebates, if the trader is using an account that pays that particular bonus. This is a ‘cashback’ type value, payable, even if the selected binary option ends up ‘out of money’.
Overall, the trading floor area is clear and unobtrusive. The configuration is flexible enough to fit most traders.
Trader Selection
Anyoption offers some trading options that are very different from other binary options brokers. As well as the more ‘standard’ offerings, the company offers some interesting variations;
- Binary Options – Options Traditional High/Low. Will the property increase in value, or decrease?
- Option + – The platform provides a specific trading area to settle open trades. So the options can be resold to the broker, to either bank profit or reduce the loss.
- Binary 0-100 – Zone 0-100 allows traders to buy and sell options and trade them, in a more traditional way. This form of trading can offer some huge profits (up to 1000%) but the risks also increase.
- One Touch – Unique deals selected by the broker. Trades are usually active at weekly expiration but offer high payouts. These deals are usually available outside of core trading hours.
- Special – Anyoption offers a wide range of specialty markets, including markets like Bitcoin.
- Bubbles – This is a recently released new feature. The bubble allows the trader to select an area (or soccer bubble) in which to think the asset price will expire. The payout for this option will vary based on the size and position of the bubble. Here is a screenshot of the new option:
The asset list at Anyoption is quite comprehensive, although other companies offer longer lists of commodities and forex. Newly available assets are listed at the bottom of the homepage and this is a useful feature as traders can see at a glance when new items have been opened.
Mobile application
Anyoption offers a slick mobile app, which they label as Anytion, Anywhere . It is very well presented but also thoughtfully laid out, making it easy to use. Instead of the more familiar red and green buttons for calls or placing selections, Anyoption has a much more attractive color theme. The buttons are still completely legible, but it makes an app much easier to see for mobile devices. It also matches the settings of the website.
In terms of features, mobile application is also provided here. Real-time trading is offered, of course, on all common asset classes (forex, commodities, indices and stocks). Quotations can be obtained as many times as necessary. There are no ads in the mobile app and it is free to use.
In addition to the standard features, Anyoption also ensures that all account management services can also be performed from the mobile application. This is not always possible with other broker trading apps.
Payout
The company usually offers payouts around 80% and this will depend on the asset class and expiry time. However, as traders move away from more standard services, payouts start to change. One Touch options usually pay out at 380% , and 0-100 binaries can hit 1000%. However, these types of payouts really highlight the very high-risk nature of these transactions.
Deposit and Withdrawal Options
Withdrawal options at Anyoption are quite limited. Funds can only be withdrawn from the account via credit card or bank transfer. This is the source of some problems for some traders, but Anyoption has made it clear from the start.
Withdrawal requests (made through your withdrawal option in the ‘My Account’ page) are processed within three business days from the date of the request. During this time, traders can cancel any withdrawal requests and return the funds to their account. This will allow clients to invest without depositing new funds. After three business days, the status of the withdrawal request will change to Processing Mode and can no longer be canceled.
Anyoption notes that there may be a further three-day delay in processing withdrawals. This is caused by processes at a third party, bank or card issuer.
Deposits can also be made through the ‘My Account’ menu. Deposits from credit and debit cards are a bit easier than bank transfers because there is one less step in the process. Alternatively, Skrill can also be used (deposits only). All deposits are processed through secure transaction protocols, including encrypted SSL. At £200, the minimum deposit is slightly below the industry standard, which typically requires a minimum of £250.
Investment consulting and portfolio management
Anyoption recently received an extended license from CySec, which also allows them to offer investment advice and portfolio management . This licensing will require a higher regulatory standard and is an exciting step from the brand.
Other features
Anyoption offers its traders the following additional features and benefits:
- TakeProfit – Traders can receive the promised return on an option prior to the initial expiration in exchange for a premium.
- Forward – Delay the expiration of your binary option, to the nearest available expiration time, in exchange for a premium.
- Profit Line – Traders can access a chart showing the progress and current profit profile of their options.
‘Show Off’ area- Successful traders can publish their profits on the Show Off page as well as on Twitter and Facebook. - SMS Service – Traders can receive SMS text updates when their position expires.
- Bubble – The new type of transaction (explained above) is a real innovation.
Give ice cream
Anyoption is currently offering 1 risk free trades . This gives new customers the ability to try out the platform with a single transaction with no financial risk to themselves. The terms and conditions for this bonus are favorable compared to some deposit matching bonuses at other brokers – these may see funds locked up until the turnover requirement is met . Rewards are a clean and simple way for traders to try out the platform risk-free.