Launched in late 2008, AnyOption rightfully claims the title of the first true pioneer in the Binary Options industry. AnyOption is owned by Ouroboros Derivatives Trading Ltd, a Cypriot investment firm regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 187/12. Their new registered address is 24, 28th October Avenue, Engomi, CY-2414 Nicosia, Cyprus. AnyOption is a member of the Investors Compensation Fund (ICF) and operates under the supervision of the European Securities and Markets Authority (ESMA). Ouroboros Derivatives Trading Ltd is also authorised as an EEA by the British FCA under reference number 603634. EEA Authorised means that we are dealing with a firm regulated in another European Economic Area (EEA) country but can offer certain products in the UK and numerous other authorities around the globe. For a full list, visit AnyOption/Regulation.
Is AnyOption a Scam?
AnyOption is not a Scam. If I had to give away an award for “being the most inviting broker for beginners”, AnyOption will definitely be nominated, with a good chance of winning. What I’m trying to say is that AnyOption is not a scam, again. It is one of the oldest operating binary brokers, has a long history of treating its clients fairly and is the leading innovator of high quality binary options trading and is heavily regulated across Europe. For further explanations, just read the “complaints” section below.
AnyOption Web traffic is steady and without any hiccups, with a max of 550,000 visits during the last 6 months. The majority of visitors are from Germany (31%), followed by United Kingdom. As long as web traffic remains constant, you can rest assured the brokerage is doing well because as you know, bad news travel fast so if something were to happen to the brokerage (scam suspicions or similar), people would immediately stop visiting it or on the contrary, they would flock to the site to withdraw their money. That’s why we say that spikes in web traffic are bad news, no matter if they are spikes up or down.
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Editor’s Note- Why AnyOption DOESN’T Suck in 50 Words
As one of the first real pioneers of Binary Options Trading, AnyOption continues to lead the industry in terms of innovation. AnyOption provide the right set of tools and healthy refunds without any tricky bonuses (low wager!) or any other fairy-tales, so any trader could enjoy trading like it should be, and without any worries including a very nice up-to 20% refund which is ideal for newcomers. And on top of that AnyOption has the most types of options including binaries on upcoming IPO’s, Social Trading, 0-100 trading, Option+, Bubbles and DYNAMICS
Why does AnyOption Suck in 50 Words
It’s no secret that AnyOption is essentially the standard in the industry for many fresh binary options brokers to emulate. Many trading tools are waiting to be used, and new trading options and trading assets are made available to trade each day. On the downside, AnyOption is decent on returns, with an average return of around 71%, decent on bonus with about 20% only for new comers, and decent minus on extra short time frames (however, the latter “minus” has been addressed with the addition of DYNAMICS).
Should I Open an Account with AnyOption?
AnyOption is one of first companies who saw the advantage of trading binary options and seized the opportunity with both hands. AnyOption team, after many years of experience in risk management and options trading, created the very first binary options browser-based platform for binary options trading. Being the first and most unique platform, AnyOption’s trading tools are the standard for many other platforms, yet still remains quite distinguished from the others. As a matter of record, one of our most recommended binary options trading platforms, SpotOption, is based on the AnyOption platform. The difference is SpotOption is a white label service. The main idea behind those two innovate platforms is the simplicity and user-friendliness.
Unlike most experienced brokers, AnyOption decided to remain loyal to the traditional trading, much more conservative than other traditional style brokers. Instead of creating new ways to trade (Range options, Boundary options, etc), AnyOption invested its resources to develop additional trading tools such as the Option+, a great trading tool that offers investors the option to delay or close the expiry time before the actual closing time after purchasing an asset, and Binary100, a model based on US CFTC style binary options.
The trading system itself is very simple; a trader can view up to 4 assets including all needed information at a time with a simple click. Additional market news feed is located just below the asset tabs. AnyOption also provides its customers with a profit line, a simple but very efficient tool to keep track of purchased assets. Another way of keeping track of assets is by registering to the SMS service and AnyOption will send you a text before or after the expiry time. If it’s good news you hear, there is also an option to show to it off to other investors. The conservative approach used by AnyOption is the main reason why AnyOption just doesn’t SUCK. While the binary options trading industry is getting too much crowded, it is sometimes better to stick to classic brokers such as AnyOption who have been innovating since day one.
Update February 2017: 0-100 Options are no longer available but AnyOption continue to innovate! Their latest addition is Bubbles, a way of trading that allows you to place a circle on a chart, to the right hand side of price and to change its shape (make it bigger, smaller, rounder, thinner, taller, etc.). If at expiry time, price “bursts your bubble”, you win, otherwise you lose. It must be noted that the bigger the bubble, the lower the potential return (because a big bubble has a higher chance of being hit) and vice-versa. It’s an interesting way of trading but it’s probably not for everyone; anyway, being able to control your Risk to Reward ratio is always a good thing in my book so thumbs up to AnyOption.
New! AnyOption’s New Feature Called “Bubble Trading” Takes Trading into a Completely Different level Start Trading Bubbles with AnyOption Today!
Update February 2017: We continued to monitor AnyOption and although we could find some “normal” complaints (mostly from people who don’t bother reading the T&Cs), we can say that overall they are still one of the most respected brokerages around, with a fair and legit business model.
AnyOption Regulatory Warnings and Announcements
18.01.2016: The Cyprus Securities and Exchange Commission (CySEC) issued 8 fines against Ouroboros Derivatives Trading Ltd (AnyOption) for a total of 235,000 Euros. The Board Decision was announced on 30.03.2016 and the fines targeted non-compliance with several sections of L.144(I)/2007, including but not limited to failure to maintain effective and transparent procedures regarding complaints and grievances, aggressive/inappropriate advertising material and others. For full breakdown visit source: CySEC Board Decision.
AnyOption don’t usually offer Bonus cash to all customers. If available, bonuses are on a case by case basis so you will need to talk to your account representative for details. If you’ve already decided to get a bonus, the wager is 15*bonus, much lower than most brokers with about 20-30*bonus. Another great advantage. The Bonus can be accepted or not, depending on the client’s wishes, but once it has been accepted, the turnover must be reached within 3 months. It is very important to note that client’s Cash Balance (the client’s personal funds/amount deposited) can be withdrawn before reaching the bonus turnover, thus accepting a bonus does not tie your money to the platform.
Most sites would tell you how to deposit. On binaryoptionsthatsuck.com we are not worried about it, here the most important part we care about which can also be seen as the most important thing in binary options – Withdrawing your profits. In AnyOption case, you can get fast withdrawal. Your requests are processed within 48 hours of acceptance and paid to your account within two standard weeks. The methods available for withdrawal are CC’s and wire transfers and E-wallet withdrawals.
As the leading binary options platform on the market today just about everything on the site is an extra.
- Bubbles Trading
- Fully Regulated CySec, MiFid, FCA
- Social Trading
- Show Off!
- Great Trading Academy
User Friendly 18/20
AnyOption platform is based on a unique 100% web based platform, with no need for any software to be downloaded. The trading platform is simple, modern, inviting, overall a very user-friendly platform. Many Binary Options learning materials are available on the website, making AnyOption compatible with beginners. AnyOption website is available in 7 different languages including English, Spanish, German, Italian, French, Dutch and Swedish.
No. of Assets and Expiry time 16/20
There are well over 100 assets to trade with more being added every day. Assets include stocks, indices, commodities and of course forex. Forex pairs include BitCoin as well. In terms of expiries available, AnyOptions severely lacks compared to most brokers.
Update February 2017: The expiry times have been improved and now there are certainly more options available, including speed trading with the new addition of DYNAMICS (pricing and potential profits offered are changing by the second. You can buy, sell and trade with no limitations). The Asset Index now contains 27 Indices, 17 currency pairs, 4 commodities and 83 stocks.
Commissions, Support and Effective return 18/20
AnyOption doesn’t charge any fees or commissions from traders when they first deposit or when they purchase options. Withdrawals are usually charged with a 30$ fee for more than one transaction per month. Credit card withdrawals are charged a flat fee of 3.5% of the withdrawal amount or a minimum of 30 USD/EUR/GBP, etc. E-wallet withdrawals are charged depending on the e-wallet of choice: Skrill 2.5%, Neteller 3.5%. AnyOption support is available via international numbers- including English and more or via email. AnyOption live chat is far more efficient than most other brokers. I actually got a response from a live person when I contacted them. The effective return is average low with- 65-80% payouts for In-The-Money trades. The Out-of-Money refund is 5-25% for all assets, a bonus not many brokers will pay.
Deposit, Payment and Bonus 17/20
AnyOption Minimum deposit is average – 200$ or 200€. Deposit is available via C.C., Wire transfer, Cash-U, MoneyBookers and many more. Withdrawals of profits are only available via credit card or wire transfers in order to comply with anti money laundering laws. AnyOption has bonuses but not for everyone. You will have to request one from your account representative.
Website Extra’s 17/20
There are some great new extra’s by AnyOption – 0-100 Options, Account Manager and Users Trading Data. 0-100 options or Binary 100 as they call it is the fastest method of trading, even faster than 60 or 30 second trading, allowing traders to jump in and jump out of a trade in the blink of an eye. AnyOption innovative platform is unique and could only be found in AnyOption brand website. Unlike most other platforms, AnyOption platform was created especially for the needs of its mother company. The platform includes Call/Put options and the Option+, a great feature that enables the trader to close or extend the expiry time of assets that were already purchased. AnyOption also provides its customers with a SMS service and some other cool features such as the Showoff. AnyOption is also available on your mobile. The only downside used to be the lack of Virtual Demo. Update February 2017: 0-100 are no longer available but Bubbles trading and DYNAMICS have been added.
AnyOption ratings: 86/100 + Regulation factor +(3) = 89/100