AnyOption Review by professional Forex trading experts the “ForexSQ” FX trading team, Finding out everything you need to know about the broker is in this AnyOption Review.
AnyOption is a Cypriot Binary options broker, offering trading in over 100 assets on its custom made innovative binaries trading platform, including bitcoin.
The Company. Security of Funds
Founded in 2008, AnyOption is one of the pioneers in the binary options trading industry. This is a brand name of Ouroboros Derivatives Trading Ltd., a registered Cyprus investment company, licensed and regulated by Cyprus Securities and Exchange Commission (CySEC).
Ouroboros Derivatives Trading Ltd. adheres to strict regulatory guidelines designed to ensure transparency and protection to all of its clients, and is under stringent regulatory supervision by CySEC.
First of all, the Cypriot financial watchdog requires Cyprus-based brokers to hold a minimum of €730 000 as a proof of financial stability. Besides, all CySEC-regulated companies are members of the Investor Compensation Fund, which may cover investment loss to a maximum of 20,000 EUR per person in the event that the broker becomes insolvent. Such compensation schemes serve as an additional guarantee to clients’ funds.
Additionally, every CySEC- regulated investment company is also MiFID compliant and therefore entitled to offer cross-border services within the EU under the MiFID Passporting Regime.
AnyOption is also regulated under FSB (Financial Services Board), an independent institution in the South African non-banking financial service industry. The AnyOption trading platform is licensed under Basfour 3773 PTY Ltd, a financial services provider in South Africa, which provides the regulation needed to offer binary options trading within the country.
Trading Options: Call/Put, One touch, Long Term, Binary 0 – 100, Bubbles
Assets: Currencies, Stocks, Indices, and Commodities
Expiry Times: End of Hour, End of Day, Week, Month
Unlike most binary brokers, this one does not offer 60 seconds options, the minimum expiry time available is 15 minutes. So if this is your cup of tea, you should probably consider another binaries broker, like HY Options or CherryTrade.
Minimum Initial Deposit
The minimum initial deposit for clients of AnyOption is 100 EUR/USD, which is a low initial amount. Most binaries brokers require $200 – $250 from traders as a start. For instance, Banc de Binary demands an initial amount of 250 EUR.
Min bet size
The minimum bet size with this broker a bit high, amounting to $25. In comparison, with Banc De Binary one can place a trade with just $1. Such low minimum bet sizes allow better risk management.
AnyOption stands out from other brokers because they allow traders to choose their Profit and Return percentage. It varies from 61% to 81%, which is average for the industry. The good news is that clients of this broker also get refund on losing trades of up to 25%. That means that the higher the payout, the lower the refund on unsuccessful trades.
The trading platform is simple and easy to use. Traders can view up to 4 assets, including all needed information, such as Trading Trends and Financial news feed just below the asset tabs. It is web-based and available in different languages.
Except for the standard Call/Put and One Touch options, AnyOption offers additional trading tools such as the Option+, Binary 0-100 and Bubbles.
Option+ is a useful trading tool that offers investors the option to delay or close the expiry time before the actual closing time after purchasing an asset, and Binary 0-100, a model based on US style trading.
Binary 0-100 works on a “one click” method. Once you click a BUY or SELL button, the transaction is executed immediately with no additional confirmation. The Binary 100 is in fact a faster trading option than 30/60 seconds, allowing traders to jump in and out of a trade in the blink of an eye.
Bubbles option was launched in 2016. When trading Bubbles, traders can select asset and create their own trading bubble by moving the cursor on the screen. In case the closing price intersects with the bubble at any time, the trade is considered “in the money”.
Binary Options Signals trading is also available. The only drawback to AnyOptions’s trading platform we can think of is that it does not offer practice demo accounts.
AnyOption offers sign-up cash bonuses from 50% (for deposits of $100) to 100% (for deposits of a minimum of $500).
Methods of Payment
There are several payment methods available to AnyOption’ clients: Credit/Debit cards (Visa, Maestro and MasterCard), Bank Wire, and e-payment Skrill.
AnyOption is a reliable & regulated binary options broker, offering a variety of assets and trading options on its proprietary trading platform.
Instead of the forex broker you can use Plus500, XM, eToro, Fxpro or AvaTrade forex brokers.
AnyOption Review Conclusion
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