Blog: Trading Binary Options at AnyOption.com

BinaryOptionsNow | Published on June 19, 2011 at 1:08 pm

AnyOption review

Hey, My name is Mo Shakeel. Are you new to binary options trading? So am I. Read my blog entries which detail my experiences investing with the leading online binary option brokers.

Since AnyOption is often touted as one of the best binary options broker on the market, I decided to give them a try first.

AnyOption’s trading platform is 100% web based which means you don’t need to download any software onto your PC in order to trade binary options. All you need to do is create an account and login to AnyOption.com in order to get started. Signing up at Anyoption is very simple and it takes only a few minutes to complete the registration process.

AnyOption offers binary options on around 80 assets covering the American, Asian, European and Middle Eastern markets and is available in French, German, English, Arabic and Russian.

The AnyOption website is well organized and easy to use and includes a FAQ section that is full of common questions and answers that can help shed light on most queries new users may have.

The deposit and withdrawal page is also very sleek with simple and easy-to-understand instructions that makes depositing and withdrawing quite straightforward.

In addition to a user-friendly trading platform, the AnyOption website also includes basic tutorials and guides about binary options trading, which I found to be very helpful and informative.

Profit / Return

One great feature that Anyoption provides which helped me out is the return of 15% of your investment amount even if your trade is unsuccessful (out-of-the-money). For example, if you buy a $100 binary option on any asset and at expiry time the asset price is out-of-the-money, you still receive $15 (15%) which is credited to your account balance. That is an excellent perk.

When your option finishes in-the-money, AnyOption typically offers 65%-71% net profit on their binary options.

Assets

Anyoption offers trading on 80 assets that includes 4 commodities, 28 indices, 9 currencies and 39 stocks.

Expiry Range

The AnyOption website has 4 expiry times – end of the hour, day, week or month. Most indices, currency pairs and stocks have all 4 expiry times, with commodities only offering two expiry times for each. There are no expiry times that reach beyond end of the month for any of the assets.

Option+

A brand-new feature called Option + gives you the opportunity to sell back any binary option that was purchased before the option’s expiry time.

Roll Forward

This feature allows you to postpone the expiry of your binary option until the next available expiry time if your asset is out-of-the-money.

One Touch

This feature allows you to trade over the weekend and earn a huge 380% return on a correct prediction. Moreover, there is a display wall and SMS service that allows you to look at the potential profit/loss when you purchase an option in a real or demo account.

Profit Line

Profit Line ia tool that allows investors to view the progress of their investments in real time, following the assets’ live market fluctuations. They are able to clearly chart the movements of their investments while purchasing new options according to the markets’ movements.

Take Profit

In exchange for a premium, a customer who is chooses to Take Profit can get the promised return on his option, before the actual expiry time of his purchased binary option, irrelevant of the asset’s actually expiry time.

Fee

Anyoption does not charge any fee or commission from its buyers when they purchase options. They are free to place as many options as they desire. The first withdrawal each month is also free of charge. From there on, there is a fee of $25 on additional withdrawals during same month.

Deposits/Withdrawals

Deposits can be made via credit/debit cards, online wallets and bank and wire transfers. I deposited via debit card and the amount was instantly credited into my account without any fees. I was asked for documents to verify my identity before my withdrawal was processed. After verification, I received the funds to my debit card within 3 business days.

Support

AnyOption has an excellent sales team and commendable customer service standards including Live Chat. In the last week, I have contacted AnyOption support many times and I always got an adequate reply for general questions. My account manager also immediately replied to me when I was looking for some technical information. Sometimes they also reply during weekend.

Conclusion

In sum, I was impressed with AnyOption’s products and service. I managed to pull in a few hundred dollars trading forex and index binary options. As I mentioned above, the withdrawal was quick and easy following the verification of my identity and took less than 3 business days.

A few things I noticed AnyOption didn’t have were boundary options and their options also have fewer expiry times than other option brokers. But, overall, I would definitely recommend AnyOption to new and experienced traders alike.

Click here to go to AnyOption.com now!

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