One of the biggest names in binary options online trading.
Few other binary sites have managed to establish and maintain such a strong reputation over such a long time period. While anyoption unfortunately does not accept traders from the USA, the site does offer a wide selection of trade types and assets to binary traders from around the globe along with top shelf educational resources and customer service.
anyoption (usually stylized with the lowercase “a”) was founded clear back in 2008, making it one of the oldest binary options online brokers around. The site is owned by AOPS Ltd. and is operated by Goldbeam International Incorporation, registered with the International Financial Services Commission Belize (IFSC) under company number 131,941.
The name “anyoption” reflects the company’s belief that “anyone can trade.” Back when anyoption was first established, the binary options online industry was just in its infancy. There were still very high barriers to trading online for the common retail investor. anyoption was one of the businesses which pioneered affordable trading for those with smaller accounts.
What Makes Trading at anyoption Different
If you are trading binary options online today, you probably have noticed that a lot of companies in this industry are fly-by-nights. They are there one day, gone the next, with scarcely any established history. That is not the case with anyoption. This is a very well-established binary options online broker.
Indices: Dow Jones, Nasdaq, S&P 500, 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), OMX Stockholm 30, PSI 20, TECDAX, Bombay 30, Hang Seng, Kosdaq, Nikkei 225, SP/ASX200 Sydney, TOPIX500 (Tokyo), Dubai, Tel Aviv 35.
Stocks: AIG, Alcoa, Alibaba, Amazon, American Airlines, Apple, Baidu, Bank of America, Barclays NY, Boeing, Caterpillar, Cisco Systems, Citigroup, Coca-Cola, Delta Air Lines, Deutsche Bank NY, 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, Paypall, Pepsi, Pfizer, Philip Morris, Procter & Gamble, Snap, Starbucks, Tesla, Teva, Twitter, Wal-Mart, Walt Disney, Adidas, Allianz, Banco Santander, Barclays, BBVA, BMW, British Petroleum, Deutsche Bank, E.ON, EDF, HEINEKEN, HSBC, PHILIPS, RBS, Renault, Royal Dutch Shell, SAP, Societe Generale, Telefonica, Tesco, UNILEVER, Vodafone, ANZ Bank, BHP Billiton, Mitsubishi, National Australia bank, Toyota Motor.
Currencies: 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.
Commodities: Brent Oil, Gold
Does anyoption Offer Bonuses?
At this time, anyoption does not appear to be offering any bonuses or promotions to traders. There is a terms and conditions section for bonuses however, which indicates that from time to time, anyoption may offer match bonuses or other freebies with a 15x turnover. Clients have three months to make use of bonus money.
anyoption Trading Accounts
Like many other binary options online trading websites, anyoption offers several account tiers, with enhanced benefits at the top levels:
- Silver: $1,000 minimum deposit
- Gold: $5,000 minimum deposit
- Platinum: $25,000 minimum deposit
Even though the first account tier starts out at $1,000, the actual minimum deposit amount is just $200. Account currencies available include USD, EUR, AUD, CZK, GBP, PLN, RUB, SEK, TRY, and ZAR. anyoption offers Islamic trading accounts as well.
At the Silver level, you can enjoy benefits such as the Trading Central Daily Analysis Review for EU and US Markets, webinars, limited video tutorials, and a maximum investment amount up to $10,000.
At the Gold level, you get full access to the video tutorials, a dedicated account manager, and fees are waived once per month on withdrawals. The maximum trade size is $50,000. At the Platinum level, all withdrawal fees are waived, and you also get premium daily analysis and asset focus along with a $100,000 maximum investment amount.
I do recommend that you at least open a Gold level account if you can, because the fees if you do not are $30 for each withdrawal. That could add up quickly, and is definitely among the downsides of anyoption.
Mobile Trading on anyoption
On anyoption, you can trade on your Android or iOS smartphone or tablet, which means you can trade anywhere you have access to an internet connection.
anyoption Deposits and Withdrawals
You already know what deposit currencies you can use and what you can expect to pay in withdrawal fees. What else should you know about deposits and withdrawals?
Deposit and withdrawal methods on anyoption are pretty basic. You can use your credit or debit card, or you can use a wire transfer. anyoption unfortunately does not list other deposit methods such as e-wallets.
anyoption Trading Platform
The anyoption trading platform is proprietary, so it looks different from any other trading platform out there. The menus are structured in a familiar way however, so navigating and selecting the options you want to trade is easy.
Trade types available include:
- Dynamics (which seems to be a simple variation on High/Low)
- Option+ (High/Low with Early Close available)
- One Touch
- Long Term
This is a pretty nice selection of trade types, though it would be nice if additional trade types like Range were offered.
Customer Support on anyoption
Customer service on anyoption is offered through web form, telephone, fax, email, or live chat. I did try to use the live chat feature while I was exploring the site, and it did not work. It seems to be a technical hassle on their end, since I tried with two different browsers and had no luck.
Trading Features and Resources on anyoption
Here are some of the special trading features and benefits you will find on anyoption:
- View live trades and trends anytime on the “Live” page.
- Choose your potential profit and out-of-money refund amount, adjusting your risk to your comfort level.
- Reuters expiry fields.
- Take Profit. This is not like taking profit on a Forex platform however—the option to get out of your trade early using this feature is tightly time-restricted.
- Roll Forward. This feature is also time-restricted.
- Free SMS service.
There are some areas where anyoption could offer more. It would be great if they had a demo account, not simply the “demo” (tour) they offer of their platform. It would also be nice if they would get rid of the time restrictions on Take Profit and Roll Forward.
The fees may be problematic for customers with smaller accounts as well, but at the higher tiers, they are nonexistent, which is excellent. anyoption does offer quite a few cool features, and the proprietary platform is easy to use. With an established reputation and plenty of benefits to offer, anyoption is worth thinking about.
- Many deposit currencies are offered.
- Low minimum deposit amount.
- A huge selection of assets.
- Video tutorials, webinars, and other educational resources are offered in abundance.
- Islamic trading accounts are available.
- Social trading features are offered.
- anyoption has a proven reputation and a long-established history in the binary options online industry.
- High withdrawal fees at the lower account tiers.
- There is no demo account.
- While Take Profit and Roll Forward are available, you do not have full control over when you use them.
- Can I trust anyoption?
Yes. The company which operates this site is registered with the International Financial Services Commission Belize (IFSC) under number 131,941. Additionally, anyoption has been in business for nearly a decade now. If you look them up, that means you can read through almost ten years’ worth of reviews. You will see that on the whole, those reviews are very positive.
- How can I open an account on anyoption?
On the anyoption homepage, just look on the right-hand side, and you will see a “Quick Sign Up” form. Just fill in your name, email address, phone number, and password, and check the box saying you have read the terms. Then click on the orange “Open Account” button, and you will be taken to the deposit page. You do not need to make a deposit to register, but you do need to do so in order to start trading.
- Who is anyoption recommended for?
Because control over trades is limited, I would recommend anyoption more to casual traders (the vast majority of traders) than those who are trying to make a living. I would also suggest that this broker is more suitable for those with accounts of $5,000+, since you can get your withdrawal fees waived once a month that way.
The binary options online world has transformed a great deal over the past few years, and there are now more choices than ever when it comes to brokers. Most of those brokers are not worth your time or your trust however. anyoption on the other hand has been going strong since 2008. It was an excellent choice then, and it remains a fantastic choice today.