Anyoption is a binary option broker located in Cyprus that was founded in 2008. Since its inception, this broker has been one of the leading brands in the binary option industry for both newbies and experienced traders.
In this review of Anyoption, we'll give you all the information you need to decide if this company is right for you.
- Profit: 80%
- Minimum Deposit: $200
- Minimum Trade: $25
- Maximum Trade: $20,000
- Trading Platform: Anyoption
- Demo Account: No
- Accepts USA: No
- Mobile Trading: Yes
- Bonus Terms: 15X
- Max Bonus: Unlimited
- Regulated: Yes
- Currencies: USD, EUR, GBP
The trading platform doesn’t have a ton of frills, but it’s easy to understand and offers plenty of information. First, you select an asset and expiry time. Next, you select either Call or Put (you select whether the price of the asset will be higher or lower than the current price at the expiry time).
AnyOption has some trading options unique to their site. We were especially impressed with Option+. This allows you sell you binary option back before expiration. If you’re out of the money, Option+ lets you minimize your losses. If you’re in the money, you can lock in your profits.
AnyOption lets you trade from anywhere you have an internet connection. You can even receive text messages notifying you of trading outcomes. Languages supported include English, French, Russian, Arabic, Turkish, Italian and German.
Profit and Return Rates
Profits range between 65% and 71%, depending on various investment factors. Additionally, if your option expires “out of the money” you’ll receive a 15% refund. While these return rates aren’t the highest rates in the industry, the 15% refund helps make AnyOption a good choice for investors.
There are over 140 assets, with more added on regular basis. Assets are spread across the normal markets you’d expect to find on a binary option site – currencies, indices, commodities and stocks. Note that if you’re primarily interested in commodities, AnyOption might not be for you. They only offer three: Gold, oil and silver.
Deposit and Withdrawal Info
There’s a minimum deposit of $200, and a minimum trade amount of $25. The minimum deposit was right in line with other brokers, although the minimum trade is slightly higher than average. Still, both of the minimums were low enough that potential investors can check the site out without risking much money.
Withdrawals were fast. Our request was processed within two days, and the money was in our personal account within two weeks. That’s right within the standard timeframe.
There’s no minimum withdrawal amount. You’re allowed one free withdrawal each month. Additional withdrawals during that month will cost $30.
Additional Features / Bonuses Being Offered
There are some bonuses offered. If your option expires out-of-the-money, you’ll be automatically credited a refund of anywhere from 5% to 25% of the original investment amount. The specifics of the refund depend on the option and amount invested.
Customer support is available 24 hours a day, Monday through Friday. Live chat and phone support are the two main methods used (although you can also send an email if you don’t have an urgent concern). Phone support was especially useful. AnyOption’s “Call Me Back” features lets you set up a phone call. When we used the feature, we got a call back within one hour. The support specialist spoke fluent English and was very helpful.
There’s a reason AnyOption has been around for so long: They don’t really do anything wrong. The trades have high return rates, the site has a lot of great resources and the company has a trustworthy reputation. While there’s nothing necessarily wrong with being a new broker on the market, we prefer an established site – and no sites are more established than AnyOption.com