Broker Name: AnyOption
US Traders Accepted: No
No. Of Assets: 97
Demo Account: No
Deposit Options: C.C., WireTransfer, Moneybookers, CashU, More
Language: Spanish, English, Arabic, Japanese and More (14 in Total)
Minimum Deposit: $200
Unlike other brokerages that use a 3rd party platform such as SpotOption, AnyOption uses its own platform. Is this a good or bad thing? Judging from how user friendly this platform is, it’s a really good thing.
This platform can be described as simple but very high-tech. This is very rare in this industry wherein it seems as if you have to choose between simple and high-tech. This is why it’s very rare for a platform to be appreciated by both beginners and experts. Of course, beginners want something simple while experts need something high-tech.
With the AnyOption platform, you get a platform that’s both.
AnyOption is among the most user friendly brokerages available for both beginners and experts alike. We’ve already discussed the fact that it uses its own platform and the fact that it’s very user friendly. In addition to being simple and high-tech at the same time, it also has other user friendly features.
For starters, there are loads of materials that you can check out to familiarize yourself with binary options. You can even use these materials to brush up on your knowledge, or maybe you can find some things that you don’t know yet even if you’re an expert.
There’s one thing about AnyOption that blows the competition out of the water – the fact that it’s offered in 14 different languages. In addition to the usual English and Spanish, you can also access the website in Japanese, Arabic and many more.
No. of Assets and Expiry time
AnyOption has an impressive line of available assets totaling 97 all in all. The platform allows you to trade on 32 indices, 9 currencies, 60 stocks and 4 commodities. While they don’t have the most number of tradable assets, 97 is still an impressive number. You can also trade Bitcoins.
The expiry times are also good. They don’t have a 60 second expiry time, but they do have expiry times ranging from 15 minutes to two days on most of their assets. The most impressive thing is this includes the weekends.
Commissions, Support (Customer Service) and Effective Return
You’re not going to be billed when you first make a deposit or when you first purchase an option. One withdrawal every month is free. This means that you have to pay a fee for any withdrawal thereafter. Usually, you’ll be charged with a $30 fee for every withdrawal that you make after the first free withdrawal.
Customer support is also outstanding. There are several international numbers that you can take advantage of. Email support is also there. If you’re like most people, live chat is the way to go. This is why you’ll be happy to know that their live chat is way better than most brokerages.
Deposit and Payment
The minimum deposit is an industry standard $200 or €200. You can make a deposit via several options including wire transfer, CashU, credit card, MoneyBookers and more. The same options are available for withdrawals.
AnyOption gets strong marks for its extras. There are account managers, 0 to 100 Options and even a trading data for users. You’ll also get a unique platform that is only available in sites carrying the AnyOption brand. This means that the platform was created with the site in mind and of course, its users. This platform is very innovative as well.
With this platform, you can take advantage of the Call or Put options and even the Option+ feature. The Option+ feature is an amazing feature that allows you to shut down or extend the asset’s expiry time even after it was already purchased.
In addition, it also comes with an SMS feature and can be accessed via your smartphone. You should also check out the ShowOff feature.
AnyOption is a trailblazer in binary options, being one of the first to introduce a platform for trading binary options. Being a pioneer, it constantly evolves and innovates, as shown by its amazing set of features that beginners and experts alike will love.
It’s also fully-regulated. This means that traders can trade in confidence. Traders will have useful tools at their disposal and the refunds are nice. For example, a beginner will enjoy refunds that can go as high as 20%.
AnyOption isn’t perfect. It doesn’t have a virtual demo, but neither do most sites. There is not much downside to discuss. After all, AnyOption is basically a model for other brokerages to follow.
AnyOption is a fully-regulated brokerage that has the tools that can set you up for success. You can also be sure that these tools will be constantly updated. This is something that you can expect from a pioneering company. However, this is not to say that they’re constantly changing things. They’re known for sticking to tradition, meaning the things that are known to work. They improve, and not change the way they trade. Instead of investing on new trading strategies, they invest on improving their current strategies. It’s available for smartphones too.
You’ll love how user friendly the platform is. This is to be expected. After all, it has its own platform. The AnyOption platform is so great that SpotOption, which is used by a lot of brokerages, is based on the AnyOption platform. That says a lot about how user friendly this platform is, knowing how user friendly SpotOption is.
This is a good brokerage to try if you’re afraid of being scammed. This is a valid concern since binary options trading is considered to be in its infancy stages. If you don’t feel like risking a lot, stick to the classics like AnyOption.