Anyoption is one of the oldest brokers for binary options although it’s pretty young. That’s no surprise because the whole binary options industry is pretty young. Anyoption went online in 2008 and this broker has a very nice track of success so far. It’s been growing to become one of the largest brokers in the industry and won several awards for their customer service and platform. It’s no exaggeration to say that Anyoption brought binary options trading to the next level!
Trading Platform – How to trade
There’s something unique about the Anyoption platform: It’s their own software and they developed it on their own. They don’t use any white label software like SpotOption or Tradlologic. This way Anyoption can distinguish from other white label brokers and provide a platform suited to their traders needs. And if you have ever seen this platform in action you would know that they did a great job and are providing a great trading platform.
Types of trades
Trading with binary options at Anyoption will give you plenty of different investment opportunities and you will now see how innovative this broker is. It was the first broker introducing “option+”. This gives traders the chance to sell an option before it expires when it is in the money. That’s a perfect tool to manage your risk properly. Imagine you buy a call option and a few minutes later news are coming in and the price falls rapidly. Thanks to Option+ you can sell your call option immediately and turn a sure loss into a small profit. It’s obvious that this profit is lower than the profit you get when the option expires in the money but it’s a great way to make a risk free profit.
Anyoption does not count on very low expiration dates. You won’t find 60 seconds options there and the minimum right now are 15 minutes. When you’re serious with your trading you will recognize that options with a much lower expiration time won’t make much sense. You can also trade with daily options that you can buy at the beginning of the trading day and that expire at the end of the day. That’s day trading par excellence!
Anyoption is a broker that is focusing on novice traders and that’s why the minimum deposit is only $250. The minimum trade size is $25. This is pretty low compared to other brokers but when you’re honest it is supposed to be even lower when it should be the best platform for novice traders that want to risk as few as possible. So you can easily deposit $250 but you won’t be able to trade comfortably. Our recommendation is to deposit a bit more, like $500. Then you can trade comfortably with the $25 minimum option sizes.
Assets at Anyoption
There’s a total of 96 assets you can trade at Anyoption – that’s a lot and gives you enough trading opportunities. We expect this amount to rise in the near future. Right now you can trade all popular stocks and indices as well as currencies (Forex) and commodities.
In terms of payouts Anyoption may not be the cheapest broker but you also have to consider all these advantages Anyoption is offering like their excellent trading platform and awarded customer support. And there’s also a refund for options that don’t expire in the money. That means that you will get up to 15% of your investment back for out of the money options. For options in the money the profit is 71%. It’s up to you if you prefer higher payouts of 85% with no refund or if your trading style is less risky and you get only 71% but also a 15% refund with out of the money options.
Deposit, Withdraw and Minimum Deposit
The minimum deposit at Anyoption is only $250 and this makes this broker one of the cheaper out there. It’s a pleasure for all novice traders for sure.
In regards to deposit options Anyoption makes it as simple as possible for you to deposit and withdraw. You can use a standard wire transfer, credit cards like Mastercard and Visa and Skrill (Moneybookers) as well as Giropay and Ukash. Ukash is a prepaid card you can purchase at gas stations and other stores and simply exchange cash into virtual money.
We already mentioned the often awarded customer support at Anyoption and there’s no doubt that their customer support is one of the best out there. You can use their livechat or contact support through email. You can also ask for a recall.
Our result is pretty obvious: There are good reasons why Anyoption is one of the market leaders. They have been very innovative and were always focusing on their traders preferences. The low minimum deposit and the wide variety of deposit options make it easy to start trading with binary options. There are also great Apps for iPhone and Android that allow you to trade on the go. The only negative aspect is that there’s no refund for options out of the money. But on the otherhand, the max. payout can be up to 94%, which is high. With the newly added features like Copyop and the “Bubble Trading” payouts can go even much higher (at the price of increased risk).
Nevertheless it’s an excellent broker you always have to consider when you want to trade with binary options.