Everything You Need to Know About AnyOption Binary Broker
Being of the few pioneers of the binary options industry, AnyOption continues to give their global client base a simple, effective way to make money trading binary options. AnyOption was established in 2008, is owned by Ouroboros Derivatives Ltd., and is based in Nicosia, Cyprus. They are also licensed and regulated by CySEC, as well as by the FSB in South Africa.
Here’s everything you need to know about trading with AnyOption, one of the most popular binary options brokers in the world.
AnyOption offers relatively decent payout returns, ranging anywhere from 65% – 74% appears to be the average, depending on the type of option, asset, and expiry time selected. In addition to this, they also provide traders with a 15% return on investment on losing trades ending out of the money. This is a great way to minimize losses and increase chances for long-term success.
Deposits and Withdrawals
AnyOption deposits and withdrawals can be made without restriction through a number of methods, including bank wire, Visa, Mastercard, SoFort, GiroPay, Neteller and Skrill. The minimum deposit amount allowed is now $100, which is very reasonable. The minimum withdrawal amount allowed is also $100. The fees for withdrawals are dependent on the banking method used. Here’s a quick outline of AnyOption’s fee structure.
- Credit Cards – 3.5% or at least $30
- Bank Wire Transfer – $30
- E-Wallet – Skrill: 2.5%, Neteller: 3.5%
Trading With AnyOption
AnyOption offers around 140 trading instruments, which includes Forex, Stock, Commodity, and Indices from several different international markets. Their sleek intuitive web-based trade platform comes with 6 different ways to trade, including:
- Standard High/Low Options
- Bubble Options
- Dynamic Options
- One Touch Options
- Long Term Options
The minimum amount required to place a trade depends on the asset and option type being used. We love the fact AnyOption lets traders choose their own payout and return percentage, although wagers can only be made in increments of $25, which isn’t exactly great for traders with small account balances.
AnyOption gives away plenty of free educational material for beginners and veterans alike. Their academy videos cover everything from getting started to applying advanced techniques, while their free demo account is a great way to practice trading on their platform.
Overall, we firmly believe AnyOption to be a trustworthy company who for years has successfully been seen as the leading binary options broker, and for good reason: They help people make money! We highly recommend checking out AnyOption as a reliable alternative to your current broker.