Along with the ever growing popularity of binary options trading comes an ongoing increase in platform options. Among the more notable broker options is AnyOption. Since first entering the digital options industry, AnyOption has been viewed as a market leader and has managed to continue being viewed as such by providing traders with stellar service and a solid investment platform.
AnyOption was founded in 2009, and is headquartered and regulated in Cyprus. Their platform offers payouts of up to 80% on standard trades and up to 1,000% on high-yield trades. AnyOption asks for an first deposit in the amount of $200 or more, and a minimum investment of $25 on each trade. There are also maximum investment amounts in place and these vary by trade type.
Although AnyOption’s return rates are high in contrast to what is offered by some binary options brokers, they still manage to deliver some of the highest refund rates in the industry. On standard trades, traders are free to select their payout rate, which is directly linked to a refund rate which will be received should the trade end out of the money. Refund rates top out at 25%, which is an extremely high rate for standard trades.
The AnyOption asset index provides traders with a wide range of underlying assets (over 100 total) in the stock, index, commodity, and currency pair classes. These underlying assets represent global investing, but are primarily based out of the United States, the European union, Middle East, and Asia. Additionally, the Option+ function is available along with a number of the most popular and primary underlying assets.
Platforms & User Friendliness
The AnyOption investment platform is user-friendly for both novice and seasoned traders equally. The platform is similar to most in that is it complete web-based. There will be no software to download and install. Additionally, AnyOption provides mobile binary options trading for iPhone and Android devices. The mobile app will need to be downloaded and installed, but the download is free and the one-time install only takes a few minutes.
The platform does provide some of the more desirable extra features such as Take Profit, which allows binary options trades to be closed early and profit to be locked in, and Roll Forward, which allows trades headed in an unfavorable direction to be rolled into a new expiry period. AnyOption offers more than just this, with 4-5 additional extra, optional features for traders to choose from and use as they wish.
Safety & Reliability
Because of the large amount of private financial information which is transmitted back and forth from the AnyOption site, the platform offers a number of security features such as data encryption. In terms of overall reliability, this binary options broker is one which has long been considered trustworthy. This should come as no surprise, as brokers which have been in business for several years tend to always be thought of as dependable.
Bonuses and VIP Program
AnyOption does offer bonuses from time to time and these frequently change so we won’t mention them here. This binary options broker does not offer tiered account levels such as VIP accounts. Each trader that partners with this broker is treated equally, with everyone having access to the same type of services and the same exact features. Whether you deposit $200 or $2,000, you’re on equal ground.
These include basic binary options trades, Option+, Binary 0-100, and Bitcoin. For weekend trading, One Touch high-yield trades offering massive payout rates are provided. Option+ allows you to purchase a contract and then sell it back to AnyOption regardless of whether it is in the money or not. Each of these trade types provide a host of different profit opportunities.
Deposits and Withdrawals
Credit card, bank wire transfers, MoneyBookers, and more can be used for both deposits and withdrawals. Currency options include the US dollar, British Pound, and the Euro. There is no minimum withdrawal amount rule, and one free withdrawal is provided each month. Additional withdrawals will have a fee, but of course this cost can be avoided if you wish by just withdrawing your profits one time each month. So long as ID and residence verification has been provided, withdrawals only take a few days to process.
AnyOption stands ready to address any questions or concerns, offering access to their customer service department at any time. Reps can be reached by way of phone, e-mail, or web chat. Help is available in a number of languages. We did find weekend support response times to be slower than business weekday response times. With the major markets closed, and only One Touch options available on the weekend, this likely will not be a huge deal for binary options traders who select this broker.
AnyOption delivers a number of benefits. Many of its exclusive functions such as Option+ and Roll Forward can supply traders with a positive and perhaps more lucrative binary options trading experience. Furthermore, the capability to trade from just about anywhere, along with the excellent Take Profit feature make AnyOption a broker which traders are certain to want to strongly consider for the honor of becoming their primary broker.