This review features one of the early brokers in binary options trading. Anyoption.com is owned and operated by Ouroboros Derivatives Trading Ltd based in Nicosia, Cyprus. Anyoption.com offers a wide range of different binary trading options.
In this review, we will explain a little about anyoption.com including its history, We will also go over terms and conditions to use this trading platform; that does also include withdrawal terms. We will tell you other bits of information you should know, and try to determine if anyoption.comis a scam.Visit Website
- Longstanding company
- Licensed and regulated by CySEC
- Offers several expire time trading options
- Many complaints about slow and incompetent customer service
- No demo account availability
Deposit & Withdrawal Methods
- Company:Ouroboros Derivatives Trading Ltd
- Minimum Deposit:$250
- Minimum Withdrawal:None
- Minimum Trade:
- Demo Credits:None
- High/Low, Pairs, One Touch, Ladder, Forex
- 30 sec, 60 sec, 90 sec, 2 min, 5 min, 15 min, 30 min, 45 min, 1 hour, End Of Day
- iPhone, iPad, Android
Anyoption.com is operated by Ouroboros Derivatives Trading Ltd. Anyoption.com is one of the largest binary options trading websites in operation. Anyoption.com is also one of the first binary options trading platforms.
Anyoption operates from Nicosia, Cyprus and is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). The website is available in many different languages such as:
- and Italian
Anyoption.com is available in over 150 countries.
Anyoption.com is one of the original binary options trading brokers. Ouroboros Derivatives Trading Ltd started anyoption in 2008 in Nicosia, Cyprus, and very little has changed in how they operate since the start. Yes, they have moved forward with technology, and in 2012, CySEC decided to give anyoption a license to trade in binary options.
In a move to attract United States traders, anyoption followed the U.S. trading regulations and suspended commodities and currencies in the U.S. and just allowed trading on stocks and indices. This was done in 2011.
In 2013 and 2014, anyoption opened some new trading doors. Trading on Bitcoin, Twitter and Alibaba was allowed. Pre-IPO trading on King Digital Entertainment also became available
Anyoption.com Terms and Conditions
As with any binary options trading platform, there are a huge list of terms and conditions. Some of the most important ones with anyoption.com are:
- The trader is responsible in knowing, and following all trading laws in their country.
- Anyoption is not responsible for any losses because of website malfunctions.
- Financial information on the site could be inaccurate, and anyoption is not responsible.
- Anyoption has the right to rescind the trading capabilities of any client.
- Dormant accounts 6 months or over can be charged maintenance fees.
- Deposits can only be made with that clients name on the account used by the institution the money is transferred from.
These are some of the more important terms and conditions, but as an investor, you should read all terms before signing up.
Anyoption.com Withdrawal and Bonus Terms
As stated in the Terms and Conditions above, clients must provide valid identification, an address, email and phone, and any other needed information anyoption requests. Once that is done, there are a wide range of deposit and withdrawal methods.
Withdrawals will be transferred to the same credit card used for the deposit. The company does have the right to pay withdrawals in other means.
A client can perform a stop withdrawal if the withdrawal has not been completed.
With bonuses, before a client can withdraw, they must buy options of 15 times the amount of the bonus. As an example, the client receives a bonus of $100, they must make trades amounting to $1,500.
Anyoption.com Demo Account
Anyoption.com does not offer any demo accounts. The website does offer a wide range of educational resources on trading in binary options, but they do not have a system to try out the trading system.
Anyoption.com Scam Watch
Anyoption.com is licensed and regulated by CySEC. This alone stops many possibilities of scamming.
When you view the bad comments and reviews online with traders claiming they were scammed, you may want to consider that the client probably did not follow proper procedures. I noticed one or two people that have claimed troubles with withdrawals, but did they supply the proper identification?
I will say that there are 2 items in the terms that I feel could be considered “scam-like.” When anyoption’s website has a malfunction, they should have to refund all trades. I also get “chills” when they claim that the financial information on the website could be inaccurate. My suggestion is to have another trusted source of the rates you are trading in. Compare before trading!
My opinion stands that anyoption is not a scam, but they do have some questionable practices.
Anyoption.com on Mobile
Anyoption has a great mobile trading system. You can trade as you are on the go either on your smart-phone or tablet. The anyoption application is available for free on the Google Playstore or on App Store.