AnyOption
Anyoption is no longer accepting new binary options accounts. They move into other areas of investment, such as forex and cfds.
Return to the broker comparison table to find alternative brokers.
Anyoption was one of the first brokers to offer binary options, and remains one of the largest in the sector. Operated by Ouroboros, the firm is registered in Cyprus and regulated by CySec. They are also seeking to register with the Financial Conduct Authority, although the FCA has yet to take on regulatory responsibilities in the UK.
Anyoption operates under the mission statement “Anyone can trade” and offers a wide variety of options, as well as minimum deposits and minimum trades. The trading platform is designed to make trading easy for new investors, while offering features and markets that will appeal to professional traders.
Head straight to; Anyoption App or Bonus
Here are some other key details about the brand;
- Demo Account – No
- Minimum Deposit – £ 200
- Minimum trade – £ 25
- Signal service – No
- Bonus details – 1 Risk Free Trade.
- Mobile App – Yes. Android and iOS devices are catered for.
- Is Anyoption regulated? – Yes, with CySec (and registered with FCA)
Trading Platform
The Anyoption platform is fast and easy to use. Its features are focused on providing flexibility and allowing traders to monitor and maximize their profits.
The layout follows the Anyoption website ‘look and feel’. The trading area doesn’t have the usual red and green buttons, but more subtle arrows. This makes the trading area feel less panicky, but only usable.
Options are listed at the top of the trading platform. The various assets are then listed from the drop down menu under the options option. This area is configured so that traders can have multiple trading windows open at once. Each window shows a short-term price graph, plus expiration time, current option price and payout value. Changing the trade size will automatically update the “If true, get” value. There is also a value that will display any deductions, if the trader uses an account that pays certain rewards. This is a ‘cash back’ style value, which is payable, even if the binary option is chosen ‘out of the money’.
Overall, the trading platform area is clear, and unobtrusive. This configuration is flexible enough to suit most traders.
Trader Choice
Anyoption offers some very different trading options compared to other binary options brokers. As well as more ‘standard’ offerings, the firm provides some interesting variations;
- Binary Options – Traditional High / Low Options. Will the asset increase in value, or fall?
- Options + – The platform provides a specific trading area to complete open trades. So the option can be sold back to the broker, the bank profits or cuts losses.
- 0-100 Mileage – The 0-100 area allows traders to buy and sell options and trade in a more traditional way. This form of trading can provide large returns (up to 1000%) but the risk also increases.
- One Touch – A unique trading hand selected by the broker. Trades usually operate on weekly expirations but offer high payouts. These trades are usually available outside of core trading hours as well.
- Specials – Anyoption offers a variety of special markets, including markets like Bitcoin.
- Bubbles – This is a new feature released recently. Bubbles allow traders to select an area (or “bubble”) where they think an asset’s price will end. The payout for this option will vary according to the size and position of the bubble. Here is a screenshot of the new option:
The list of assets on Anyoption is quite comprehensive, although other firms offer a long list of commodities and forex. Available new assets are listed at the foot of the home page, and this is a useful feature as traders can see at a glance when new items are opened.
Mobile App
Anyoption provides a slick mobile app, they label it “Anyoption, Anywhere“. It is well presented but also carefully laid out, making it easy to use. Instead of the more common red and green buttons for calling or placing options, Anyoption has a more attractive color theme. The buttons are still really obvious, but it makes for a more polished app for mobile devices. It also matches the website setup.
In terms of features, mobile apps are also delivered here. Real-time trading is of course provided, covering all common asset types (forex, commodities, indices and stocks). Quotes can be taken as many times as needed. There are no ads included 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 be run from the mobile app as well. This is not always possible with other broker trading applications.
Payout
Firms generally offer payouts of around 80%, and this depends on the asset class and time to maturity. Once a merchant moves away from a more standard offering however, payouts start to change. One Touch options often payout at 380%, and binary 0-100 can reach 1000%. This type of payout really highlights the very high risk nature of this trade.
Withdrawal and deposit options
The withdrawal options on Anyoption are limited. Funds can only be withdrawn from the account via either credit card or wire bank transfer. This has been the cause of some problems for some traders, but Anyoption made it clear early on.
Withdrawal requests (made through the “withdraw” option on the ‘My Account’ page) are processed within three business days from the date of the request. During this time the merchant can cancel any withdrawal request and return the money to their account. This will allow customers to invest without making a new deposit. After three working days, the withdrawal request status will change to “processed” and can no longer be canceled.
Anyoption notes that there may be delays beyond the three days it takes to process withdrawals. This is due to a third party process, bank or card issuer.
Deposits can be made through the ‘My Account’ menu as well. Deposits from credit and debit cards are a little easier than wire transfers because there is one less step in the process. In addition, Skrill can also be used (for deposits only). All deposits are handled through transaction security protocols, including encrypted SSL. At £200, the minimum deposit is slightly lower than the industry standard, which generally requires at least £250.
Portfolio Management and Investment Advice
Anyoption recently obtained an additional license from CySec, which also allows them to offer Portfolio Management and investment advice. This level of license requires higher regulatory standards and is an interesting move from the brand.
Other features
Anyoption offers its traders the following additional features and benefits:
- TakeProfit – The trader can get the promised return on the option before the original expiration time in exchange for the premium.
- Roll Forward – Postpones the expiration time of your binary option, to the nearest expiration time, in lieu of a premium.
- Profit Line – Traders can access charts that show the progress and current profit profile of their options.
- ‘Show Off’ – 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 positions expire.
- Bubbles – The new type of trading (described above) is a real innovation.
Bonus
Anyoption now offers 1 risk free trade. This gives new clients the ability to try out the platform with a single trade without any financial risk to themselves. The terms and conditions for this bonus are favorable compared to some deposit match bonuses at other brokers – this can see funds locked in until the turnover requirements are met. Bonuses are a clear and easy way for traders to try the risk free platform.
