Regarded as the world’s leading binary options broker, AnyOption a pioneering broker, has been around since binary options was first made available for trading to the general public in 2008. As one of the oldest brokers around, they have set the industry standard by which most other binary options brokers are operating by. For example, the familiar platform user interface that we see on most white labeled binary options trading platforms today was actually modeled after AnyOption’s own proprietary trading platform user interface.
In addition to influencing how other binary options brokers operators are developing and the market at large, AnyOption also sets the pace with their offering of available underlying assets for trading. With more than 200 different types of assets which traders at AnyOption can trade with, this broker has one of the widest ranges of assets for their traders to choose from.
The customer support services at AnyOption are also far superior to what most binary options brokers are offering to their clients. For example, to cater for an internationally diverse and varied background of clients, the AnyOption website is also available in half a dozen different languages. This is not inclusive of the multi-lingual support staff which are available on hand 24 hours a day 7 days a week to assist traders whenever they need assistance.
But the best part about AnyOption is the fact that they are based in Cyprus and as such are regulated by the Cyprus Securities Exchange Commission (CySEC). CySEC is a financial regulatory body that is recognized by the European Union (EU) as meeting the legal framework set out by the Markets in Financial Instruments Directive (Directive 2004/39/EC) for the harmonization of the financial services in industry in the EU. The platform is managed by Ouroboros Derivatives Trading Limited and operates under the CySEC License number 187/12.
In other words, if you are a client with AnyOption, your legal interests as a consumer are protected with the force of legislation as defined by the European Parliament. For example, a requirement for CySEC licensing is the fact that the broker must be a member of the Investor Compensation Fund Scheme. This means that if ever AnyOption is determined by the courts or CySEC as being unable to fulfill its contractual obligations, your funds kept in your AnyOption’s trading account are protected up to the tune of 20,000 euros.
Logging onto AnyOption’s Website
In order to log in on AnyOption’s website, you need to have a valid user ID and password. A valid user ID and password can only be obtained only once you have registered with AnyOption for a trading account. Registration at AnyOption is free and consists of just 3 simplesteps, Signing Up, Depositing and Trading.
Given what AnyOption has to offer in general, it is understandable that you will want to start logging onto the AnyOption website as soon as possible. However before you can log on to the website following the three steps as mentioned above, you will need to first register and open a trading account with AnyOption. The process of registering for a trading account with AnyOption is free and is a straightforward process.
To open an account, simply go to the home page and click on the orange “Open Account” button as shown in the screenshot below. Alternatively, you can also fill in the “Quick Sign up” form located just above the “Open Account” button.
After you have done that, you will be directed to another page where you will be required to fill in your personal information. If you require any assistance during this point in time, simply click on the “Chat Now” button to chat with the support staff. Incidentally, the chat window will appear automatically once you are directed to this page. To close the chat window, simply click on the “X” on the bottom right corner of the chat window.
After filling in all your data such as your name, email address and contact number, tick the small “I accept anyoption™’s terms and conditions” box and then click the “Open Account” button. Once you have done that, you will be taken to another page where you will be directed to fill in your credit card details and deposit some money. At the same time, AnyOption will send an email out to you which will be sent to the email address that you provided earlier in the sign up process on the form. A customer representative will also attempt to contact you by phone to welcome you in person as well as to offer you any assistance should you require it. The customer representative will also guide you through the various benefits that AnyOption are offering to new traders and based on your specific trading needs and appetite will guide you to the most suitable choice for you.
Unless you plan to trade immediately, you can ignore this step and go back to the home page to explore the AnyOption trading platform in more detail. If you decide at a later stage that you want to make a trade, simply click on the “My Account” button at the top of the screen to access your account details. Once on your account page, simply click on “Deposit” to fund your trading account where you will be asked to provide your credit card details again.
Apart from making deposits through the account page, you also have access to several other functionalities such as checking your bonuses, making withdrawals, viewing your banking history and editing your personal details. Take note for withdrawals, you will be required to go through a verification process in order to establish your identity.
With AnyOption, there is a minimum deposit requirement before you may start trading – this is $100 or an equivalent amount of currency in Euros, Pounds Sterling, Russian Ruble, Turkish Lira or Swedish Krone. However, take note that the type of currency that you want to transact with is done during the account registration process and once selected cannot be altered later on. Among all the binary options brokers in the industry, AnyOption offers the lowest deposit requirement making funding a trading account very affordable.
As mentioned earlier, you can deposit money during step two of the account registration process or go directly to the “My Account” page. The primary method of depositing funds is by credit cards or debit cards. Cards which are accepted by AnyOption include VISA, MasterCard and Maestro. The advantages of using a credit card or debit card is the fact that the funds are transferred instantaneously once the transaction has been approved by the card issuer and withdrawals of funds can also be deposited directly into your credit or debit card account.
If you do not have a credit or debit card for which to fund your trading account with, AnyOption has also provided alternative methods for depositing funds. These include support for Neteller, Skrill Moneybookers and Bank Wire transfer. With the exception of Bank Wire transfer, Neteller and Skrill Moneybookers are not available as a withdrawal option. Funds withdrawn are instead remitted through bank wire transfer.
Safety of Funds
As a regulated broker of CySEC, the funds that you have deposited with AnyOption are guaranteed to be safe for the following reasons:
Clients’ funds are kept in Tier 1 Banks
Clients’ funds are kept in segregated accounts separated from AnyOption own operational funds
All transactions between the client’s computer and Anyoption’s server are encrypted with Secured Socket Layer (SSL) encryption technology
Clients’ funds are protected under the Investor Compensation Fund scheme by up to an amount of 20,000 euros
In line with the industry tradition, AnyOption also offers bonuses to their clients. If you are a newcomer, you can get to enjoy a “No Deposit” bonus of 100 euros without having to make any real money deposit. This bonus can function as a top up fund for your demo purposes. However if you are good with your trading, you can easily turn this bonus into real money as the bonus can be withdrawn provided you meet the stipulated conditions.
Another kind of bonus offered by AnyOption is the deposit bonus which can be as high as 100% of your deposited funds. Once you have been awarded the bonuses, you only have has 3 (three) calendar months from the date that you received the bonuses to fulfill all the requirements for bonuses withdrawals. Failure to satisfy the bonus requirements will result in the withdrawal of the bonuses by AnyOption.
The Verification Process
Before you are permitted to withdraw the money in your trading account, you have to undergo a verification process where AnyOption will try to verify your identity and your physical location. This is in line with the international Anti Money laundering protocols to prevent your trading account from being used for money laundering as well as to protect your funds from being withdrawn by any other person beside from you. The verification process requires you to establish your identity through a copy of your credit/debit card, a copy of your government issued ID such as your passport and copies of your most recent utility bills.
Apart from providing their clients with a powerful and user friendly web based trading platform, AnyOption has also made it easy for you to trade the financial markets with your mobile devices such as smartphones or tablets. To trade with your smartphones or mobile devices, first download the mobile trading app from either Apple App store or Google play store depending on the operating system of your mobile devices. The trading apps are free and can be downloaded directly from the AnyOption’s website by clicking on either one of the icons shown below on the website.
With the AnyOption mobile trader, you can:
- Conduct real time trading and monitor developments in the market while you are on the move
- Transact Call/Put options
- Access market quotes
- Enjoy commission free trading
- Manage and update your trading account
Just like the web based trading platform, the mobile trading platform is designed for ease of use. You can easily access all the major functionalities of the mobile trading platform with just one touch.
Logging onto your trading account with your smartphone is just a simple process of clicking on the “Login” button and entering your user ID and account password. With the mobile trading apps, you get to enjoy the flexibility of trading from anywhere around the world from the palm of your hand.
Should you ever run into difficulties while using the trading platform, you can always refer your problem to the AnyOption customer support team. The support team is always available regardless of the time or day and can be accessed through email, live chat, or the telephone. And for those traders whose mother tongue is not English, they need not worry as the support staff are multi-lingual. To email them, direct all your emails to email@example.com. Alternatively, you can call the support team on the phone by calling one of the following toll free telephone numbers below:
- 44-20-35141216 (UK)
- 357-22030398 (Cyprus)
- 33170726528 (France)
- 49305683700568 (Germany)
- 390294751384 (Italy)
- 34911237253 (Spain)
- +44-2080997262 (International)
AnyOption has always been recognized by the players in the industry as the pioneer of online binary options trading. Their pristine reputation has over the years attracted clients from all over the world and today is held in high regards by brokers and traders alike. The fact that they are regulated helps to reassure traders that this broker plays by the rules and there are no unpleasant surprises in store for them at the end of the day.
Managed by a team of financial professionals, AnyOption also extrude the same level of professionalism when it comes to its dealing with traders. For example as mentioned earlier when you sign up with AnyOption for a trading account, you will be promptly contacted by a customer support representative who will guide you through the entire registration process. This kind of attention is normally only accorded by premier level forex brokers and not by binary options brokers. Hence this makes AnyOption a truly unique binary options broker.
The fact that that they don’t distinguish between different categories of traders also helps to make AnyOption stands out from the crowd. And making their minimum deposit extra low also helps to make trading binary options very affordable for the average small scale retail trader. If you are new to binary options trading and are looking for a beginner friendly broker who is able to provide you with a reliable trading platform, extensive library of training materials and flexible account opening requirements, then you need not look further than AnyOption.
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