Is AnyOption Regulated?
The legalities of a binary options broker is always the first thing that you should look at when making a decision. AnyOption is regulated by CySEC, ensuring that they are one of the more trustworthy brokers out there. Going along with this, they are exclusive to only European based traders. If you live outside of the EU, AnyOption will not allow you to sign up to create an account. They are also
What’s Different at AnyOption?
A lot of brokers, especially in a market like binary options, have many similarities. AnyOption stands out in this industry, despite offering many of the same trading products and the same assets that other brokers have. Yes, they have the traditional call and put options that you know and expect from your broker. And yes, they offer a very standard set of available assets. They have about 100 stocks, indices, currency pairs, and commodities for you to choose from. They also offer currency pairs that involve BitCoin.
In addition to all of the standards that you would expect from a broker, our AnyOption review team found a few things that helps this broker to really stand out from the crowd. They offer social trading, Option+ trading, bubbles, as well as U.S. style, spread binary options. This broker also offers one touch trades and dynamic trades, where you can focus on higher yields. These come with higher risk, so be careful if these are options that you will be using. Some traders like to use long term trades to help them hedge and offset risk. AnyOption offers a limited variety of these types of trades.
AnyOption does have VIP accounts available for their larger traders. These include top of the line analysis tools, promotions and occasional bonuses, customizable trading news and alerts, as well as other little perks. To qualify for a VIP account, you need to be invited to join. If you have questions, you can feel free to contact their customer service team. You can contact them by email at [email protected], or by phone. Their number is 1 866 844 4540. If you have any questions about this broker before or after creating an account, this is where you should direct them.
If you want to trade at AnyOption, you need to fund an account. The minimum amount that you need if you want to open up an account is $200 USD or 200 euro. Once you select a base currency, that is the currency that you are going to be using permanently with this broker. For most traders, this is a very simple decision.
You can use a Visa or MasterCard credit card to fund your account, a wire transfer, or an e-wallet account like Skrill, CashU, or giropay. At AnyOption, wire transfers should only be used for larger deposits because of the extra cost associated with it. For larger deposits, this is the fastest and safest way to make sure that your money goes where it is supposed to go.
Withdrawals are processed by the same method that you funded your account. You can use either a credit card or a wire transfer, but not Skrill/Moneybookers at this time. Depending on the method that you use, there might be a fee associated with either funding or withdrawing money from your account. If you use a credit card for your withdrawal, you are entitled to one free withdrawal from AnyOption each month. More than one per month costs $30 per withdrawal. In order to save on costs, it’s important to plan ahead.