anyoption Review

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Overview

Latest Anyoption review update: 21st July 2017 Anyoption South Africa is owned and operated by a registered Cyprus investment company called Ouroboros Derivatives Trading Ltd, which is regulated by the Cyprus… more

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Broker Details

Broker	anyoption
Website URL	www.anyoption.com / www.anyoption.co.za
Founded	2007
Headquarters	Cyprus ( Europe )
Support Number	+0800982374 ( South Africa ) , +49305683700568 ( Germany ) , +44-2080997262 ( UK ) ,
Support Types	Live Chat , Phone , Callback , Email
Languages	English , German , Italian , French , Swedish , Nederlands
Trading Platform	Propietary
Minimum 1st Deposit	$200
Minimum Account Size	$200
Minimum Trade Amount	$25
Promotions	Up to 100% Bonus
Payout	Up to 80%
Free Demo Account
Regulated
Regulation	Authorized & Regulated by CySEC ( Cyprus, EU ) License Nr. 187/12 / Regulated by FSB ( South Africa ) License Nr.FSP 42020
Deposit Methods	Credit Cards , Wire Transfer , Neteller , Skrill
Withdrawal Methods	Credit Cards , Wire Transfer
Number of Assets	+200 assets
Type of Investments	Commodities, stocks,indices and currencies
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score	4.7

Pros

AnyOption is the Largest and oldest Binary Options Platform
$200 Minimum Deposit
Over 200 assets to trade
Easy-to-use platform
Good customer service
Safe and secured trading
Regulation in South Africa and Europe

Cons

Few withdrawal methods
They don't accept traders from US

Full Review

Latest Anyoption review update: 21st July 2017

WARNING! Broker Not Recommended

AnyOption is not longer recommended broker.

Check our list of regulated binary brokers.

Anyoption South Africa is owned and operated by a registered Cyprus investment company called Ouroboros Derivatives Trading Ltd, which is regulated by the Cyprus Securities and Exchange Commission (CySEC license number 187/12), also they are licensed under the company Basfour 3773 PTY Ltd as financial services provider (FSP 42020) in South Africa.

They are one of the most trusted brokers in South Africa.

When anyoption.com was first established in 2008, the binary options broker was initially licensed under the CySEC. However, as the scope and reputation of the company grew, they gradually expanded their operation throughout the world over the last few years. Currently, anyoption subscribe to numerous government regulatory bodies, including, FSC ( South Africa ), Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin) in Germany, Malta Financial Services Authority (MFSA) in Malta, and Financial Conduct Authority (FCA) in the United Kingdom, and other European regulatory authorities.

As a highly reputable broker, anyoption has been offering quality options products and has been on the forefront of innovation in the industry. Recently, they have started a new way of trading binary options called Bubbles that has further simplified this complicated trading instrument.

Trading Platform

Contents

To be honest, the number of different binary options available via anyoption’s trading platform could overwhelm the newcomers. But, once you move pass the jargons, you would find that trading binary options with anyoption is relatively easy. In fact, we found that while their trading platform is most suited for seasoned traders, the learning curve is rather simple to follow for newcomers as well.

Bubles Trading

One of the best features of Anyoption South Africa is the new Bubbles trading, which allows traders to simply place a bubble on the chart and hit the Go button to initiate the trade. Besides traditional options and Bubbles, anyoption also offers several different varieties of options, including Option+, Binary 0-100, One Touch, and Long-Term.

Fundamental traders will especially enjoy trading the long-term options offered by anyoption, as the longer duration of these options allows traders to properly analyze the fundamental outlook of a currency pair or any other asset and trade accordingly.
This platform offers their trading platform in the cloud, where binary options traders can fully utilize all aspects of their daily trading via any modern browser. It means that you actually do need to waste time downloading any software and regularly update it manually.

Mobile Trading

Besides offering the web based binary options trading platform on their website, anyoption has also developed mobile trading apps for busy traders who need to stay on top of the market on the go. Currently, anyoption offers both Android and iOS version of their app for trading with smart phones.

Anyoption Mobile – Free Trading App

Types of Accounts

While there is only a single type of account is listed on anyoption’s website that allow traders to enjoy trading all types of assets, if you deposit over $5,000 in your account, then your account status will be elevated to VIP.

Our research revealed that as a VIP customer of anyoption, you can discuss about your needs with a dedicated account representative and negotiate some of the privileges they offer.

One of the depressing facts about anyoption is that they don’t offer any demo accounts to customers. However, their interactive demo is pretty extensive and covers all aspects of their trading platform. Hence, you can try out trading different types of options on the interactive demo and make up your mind regarding which types of options are suited to you, personally.

Assets Offered by anyoption for Trading

anyoption has included one of the most extensive list of assets for binary options trading. Although their Forex pairs are limited to AUD/JPY, AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/JPY, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/CZK, USD/DKK, USD/JPY, USD/RUB, and USD/SEK, they offer a lot of other assets under commodities, stocks, and indices.

For example, you can trade global companies like Coca-Cola, Google, Intel, McDonalds, Microsoft, and Ferrari NY, among many other US and European companies, with anyoption. Also, they offer Gold, Natural Gas, Oil, and Silver trading under commodities.

We were very impressed with the fact that anyoption has integrated a lot of global indices that no other binary options broker currency offers as asset. Besides popular indices like Dow Jones, NASDAQ, and S&P 500, anyoption also offers Shanghai index (SSE180), AEX (Amsterdam), Bombay 30, and TOPIX5500 (Tokyo).

Minimum Deposit Requirements, Offered Bonuses/Promotions

This broker does not require any minimum deposit to open an account with them, it is practically free to sign up with this broker. However, in the funding page, they suggested a minimum $250 deposit while we attempted to fund the account.

During our research, we did not find any specific bonus offered by anyoption.com on its website and platform as they are already an established company. However, anyoption’s customer support does offer up to 100% bonus by phone , and a “refund” promotion. For example, if you select 75% payout and lose the trade, you can get a 5 % refund as a promotional offer.

Payout

For classic CALL/PUT binary options, anyoption.com offers up to 75% payout. But, traders can choose to accept a lower payout ratio and reduce their risk by getting up to 25% refund on losing trades.

On long-term options, anyoption offers up to 1000% payout on EUR/USD, 900% payout on Gold, and a 900 % payout on the S&P 500 index.

On Option+ product, they offers up to 60% profit, but bear in mind that you can sell the option back to the broker at any time, even when it’s “out of money.”

Regardless of which asset you are trading, anyoption platforms always show the payout ratio of the trade before you execute the trade. Also, they will show you if the current trade is trading “in the money” or “out of the money.” For this kind of options, anyoption charges a $1 commission.

For One Touch, they offers varied levels of payout based on the underlying assets. For example, One Touch EUR/USD payout is capped at 150%, but Dow Jones offers up to 380% payout.

Deposit and Withdrawal Methods

As a regulated broker, they only offers a handful of well-established funding and withdrawal method. Besides Visa debit and credit cards and bank wire transfer, anyoption currently supports funding via Skrill.

When withdrawing, anyoption gives several choices, but they reserve the right to only send the withdrawal to credit/debit cards if the initial deposit is made by cards.

Also, there are no associated fees for depositing or withdrawing from anyoption, but if you choose to make more than one withdrawal a month, they reserve the right to impose a wire transfer fee of $30.

Customer support

anyoption.com primarily offers customer support over email, where customers can reach them at [email protected] . Although they offer live chat support on their website, it is limited to office hours in Cyprus.

We found that anyoption’s phone support is very good as they listed local phone numbers for almost all of their geographic markets. Although anyoption listed a US phone number, they have stopped accepting new US clients due to regulatory restrictions by the SEC.

Customers from any other country, not listed on their website, can still call their UK office to avail customer support. Their UK customer support phone number is +44-2080997262,

They offer dedicated phone support to South African Traders +08-00982374.

anyoption’s headquarter is located at 42-44 Griva Digeni Avenue, 1096, Nicosia, Cyprus.

Anyoption South Africa review: Summary

They has been in the business for a long time and they have earned a stellar reputation by providing quality binary options products and top notch customer service.

Over the last few years, they have voluntarily accepted to being regulated by almost all of the European regulatory authorities and they adhere to strict rules. Unlike some of the small brokers in unknown islands, anyoption keeps client funds in segregated accounts.

We found that anyoption’s list of assets, especially the extensive indices are best in the industry. Moreover, they do offer all the major Forex pairs for binary options trading and also made a handful of Forex pair available for trading even during the weekend. If you are one of those weekend worriers, anyoption could be a great choice!

AnyOption.com : Customer Reviews

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About
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James Martin

I'm based in London ( England, UK )
I've been a professional trader for over 5 years.
Currently I work as forex analyst for different investment companies.