AnyOption Review

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UPDATE (28.06.2020):

Anyoption has shut down their operations.

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Old Review:

Since its launch in the year 2008, Anyoption has managed to establish its place as one of the well renowned and leading binary options platforms across the world.

The Anyoption binary options platform has a horde of assets for traders to trade in; the platform features up to 200 assets today.

Other aspects that make this broker a preferred option among many binary options traders include swift and free monthly withdrawal processing. The following is an honest and reliable review of this broker.

Basic information:

Online since: 2008
Jurisdiction: Cyprus
Software: AnyOption
Max Returns: 80%
Minimum Deposit: $250
Minimum Investment: $25
Maximum Investment: $20000
Currencies: USD, EUR, GBP
Mobile: Yes
Countries: All nations excl. USA & France

  • Accepted Methods of Deposit: Skrill/Moneybookers, MasterCard, Visa, Bank Wire, CashU, Maestro and Diners Club.
  • Allow Traders from all over the world to trade.
  • High Returns on Investment
  • Small minimum investment
  • There is no demo account

7 Binary Options Rating:

Outstanding Features

Currently, this company does not advertise any specific information about its software features. Additionally, the company does not advertise any information regarding its VIP program.

However, all the traders on this platform are contacted by a customer care representative from the company a short period after opening an account with Anyoption.

Therefore, a representative will call you, after you have opened an account with this broker, and present the options you have as a binary options trader with the company. Depending on the amount you would like to deposit into your Anyoption traders’ account, the company offers several options.

While testing how the platform works and whether it is legitimate, we opened an account with Anyoption binary options broker and found out the following things:

  • While talking to a customer care representative with the company, we established that it was possible for traders to get even higher benefits on their initial deposits with the company.
  • The experts at 7binaryoptions reviewed this broker for some time and established that the traders on this platform have up to three months to deplete the benefits they get on their initial deposits.
  • Additionally, you can also check your balance and how the amount was used by clicking on the benefits tab, which is situated on ‘my account’ page of the website.
  • While operating our Anyoption traders’ account, we did not come across any major hindrance and were able to clear our benefits within the stipulated period.

User Opinions

We did some searches online and it seems that Anyoption is the top choice of many traders. Here are some of the comments we found:

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The Software Used To Trade and the Assets Available At Anyoption

Over the years that this company has been in business, it managed to develop an outstanding platform and fine tune any glitches that were initially associated with the platform. As such, this platform is specifically designed to offer unmatched binary options trading experience to the traders.

Here are some important points:

  1. The platform is comparatively easy to navigate and features a seamless design, which makes it easier for traders on this platform to locate whatever they want while using the Anyoption trading platform. For instance, a trader is able to monitor his or her active traders on the platform, after opening a position. This information is delivered in the form of a chart that is easy to understand for the traders.
  2. The information provided in these charts allows the trader to understand the movements of the open positions as well as the final outcome of any of the traded assets on the platform.
  3. The Anyoption also features weekend specials, which may be used by traders to enhance their chances of success in placing OneTouch trades on Anyoption platform during the weekends.
  4. In addition to the Anyoption web-based online trading platform being user-friendly, the company has also taken a step further to offer increased flexibility to the traders on its binary options platform. This has been achieved by the state-of-the-art and easy to use Anyoption Android and iPhone mobile phone trading applications.

With regards to the available assets on the trading platform, Anyoption has one of the largest pools of available assets to trade in the industry. Currently, traders on this platform can choose among the more than 200 assets to trade in. This figure is almost twice as much assets offered by some of the leading binary options in the industry today.

Additionally, this broker is also the perfect choice for the traders who have some experience in trading certain binary options assets. After using the broker for a while, we noticed something rather bad about the broker. Although the platform has many assets to choose from, the broker charges a comparatively high commission (a 50 percent commission).

If you have a large capital, this commission may not be noticeable. However, it can have a negative impact on the traders with a smaller amount of money to invest in binary options using this platform.

Screenshot

Services and Customer Support

Based on the experience we have working with and evaluating various binary options brokers and binary option robots we can confidently assure you that the customer care services at Anyoption are truly exceptional.

To begin with, the period we had to wait in order to a representative on live chat was between 5 and 10 seconds, any time we wanted to contact them. Again, the copy of ID we submitted for the purpose of account verification was approved by the broker in less than three hours. However, the verification process has been reported to take a couple of days in some cases.

Since the broker accepts traders from various countries across the globe, the website has been translated to 15 languages. This allows traders from various parts of the world to have an outstanding trading experience while using this platform, regardless of their language. This aspect also makes this broker one of the best service providers in the industry.

Anyoption Banking Services

Basically, this company keeps traders’ money in segregated trust accounts. This is critical when it comes to ensuring that your money is safe with your preferred binary options broker.

This way, you can use your funds safely on the Anyoption trading account until you decide to withdraw it. In order to be able to withdraw the money in your Anyoption traders’ account, you will be required to verify your account, which is achieved by sending a copy of your Identity Card and a document to prove your address to the broker.

Normally, traders are allowed to withdraw from their accounts once in a month and there is no fees imposed on such withdrawals. However, you may also withdraw money from your account more than once in a month during which a processing fee of $30 will be charged for each subsequent withdrawal. This amount is charged in order top cover the bank costs imposed by the banks processing the withdrawal.

In some cases, though, traders may be required to print and submit signed copies in order to be allowed to withdraw from their accounts. The 7binaryoptions account we were using to evaluate the performance of this broker was approved in less than 24 hours. We were also able to establish that the Anyoption binary options broker is licensed by CySec. This licensing allows the company to operate and advertise within the EU.

Trading choice

Anyoption is a trading service which offers a unique trading system when compared to conventional binary options brokers. While it still offers the standard trading option it also provides a number of variations:

  1. Binary Options – This includes the regular UP/Down type trading option. Which means that the value will either rise or drop as market trends change.
  2. One touch – These usually operate on a weekly basis. The trades expire every week, but the payouts are large. Some trades are available for ’out of hours’ trading too.
  3. Option+ – It is a feature that traders can use to close their position to either minimize their loss or lock in the profits.
  4. Binary 0-100 – This setup allows traders to either sell or buy the options they want like an exchange. It can yield high returns for a seasoned trader or smaller rewards for lower risk.
  5. Specials – These are mainly trading of specialist assets or their underlying classes which are not easily available. For instance Bitcoin.
  6. Bubbles – This is the latest innovation by Anyoption. It allows for traders to choose a finishing ’bubble’ which is the point they would expect the price to reach when it expires. The payout varies depending on where the bubble is added.

The ’Anyoption’ App

It is a slick mobile trading app and often referred to as ”Anyoption, Anywhere.” It is a well-designed platform which makes it very easy to learn and use. The same goes for the main website which uses the same look and feel. The use of similar trading buttons on the website make it instantly familiar to anyone who has used the app or vice-versa.

Anyoption has been developed for both iOS and Android devices. Both platforms enjoy the same features, yet the developers have ensured that the software utilizes the strengths of each platform.

It means that iPhone and iPad users, for instance, will be able to use a couple of unique touch features making full use of the devices’ touch capabilities.

The app utilizes real time trading for all assets like FX, equities, commodities, etc. The prices are updated multiple times as needed. The app is also free to download and use without advertisements or pointless promotions which can distract traders.

Plus, apart from the standard features, the developers have ensured that all the account management services can easily be used from within the app too. It is somewhat of a unique feature amongst trading apps.

It just goes to show that a lot of time and money has gone into developing Anyoption’s app to ensure it delivers an unsurpassed trading experience.

Copy Trading

Anyoption also offers copy trading via their CopyOp trading platform. The platform enables traders to easily monitor the other traders’ history and performance so that they can if successful copy their trades. So every time a trader is being copied they open a fresh position, and so does the trader copying that position.

The level of investment can also be amended based on the trader’s budget. A trader who for instance has $100 in their account can still copy a winning trade with the CopyOp feature from a trader who is opening trades worth thousands. The smaller trader is simply going to allocate a pro rata figure of their balance.

So, if the trader being copied used just 5% of their balance trading, the copy trader will also invest 5% of the amount they have set aside to copy with.

Copy trading works best with binary options since they are high volume trades and not suitable for every trader. To surmise copy trading enables traders to copy more experienced and successful traders while still managing their risk.

Assets to Trade

Anyoption allows traders of binary options over 50 varying underlying assets, commodities, stock index futures, and different currencies. Below is a brief about the asset index:

  • Currencies: Major currency pairs like USD, EUR, GBP, JYP are all available for trading 5 days a week and 24 hours a day. Apart from major currency pairs, there are some that are classified as minor pairs which are also available.
  • Equities: A large list of stocks. Traders can buy and sell stocks from all major corporations in the US and Europe.
  • Commodities: Oil, copper, gold, and silver are available to traders.

Indices: All major indexes like the NASDAQ100, FTSE100, DAX, and Dow Jones are available. Other related markets like the VIX are also part of the list.

Expiry Times

The expiry times can be set starting from 15 minutes up to a week later. The time includes a very popular ’End of Day’ time as well, which allows traders to close all open trades by the end of the day. Plus, there are floating options offered which enable traders to close profitable trades without having to wait till they expire.

AnyOption – A Scam?

It is certainly not a scam. As a matter of fact, it can be credited for being the easiest brokerage or trading platform for anyone to master. Far from being a scam, it is one of the oldest consistently running binary options broker with a long history of excellent customer service.

It can also be credited with being an innovator of ensuring quality binary options trading. Plus, it’s a platform that’s already heavily regulated in Europe. You can find more information, in our ’complaints’ section.

Anyoption receives a steady stream of traffic averaging at around 550,000 visits every six months. The majority of people visiting the website are from Germany (31%), that’s closely followed by the UK. By web traffic alone its easy to see that the website and platform are doing well, especially since bad news travels fast and can be detrimental to traffic results.

As a matter of fact, on the contrary, the number of visits are on the rise with a growing number of people operating their accounts more frequently. As a rule of thumb any sudden spike in traffic in either direction is bad news, and so the service should be avoided.

Complaints

The service has a pretty good track record with few if any complaints. Though requiring credentials to make a withdrawal or deposit can be frustrating for some.

But these are steps put in place to protect traders some of whom have account balances in the millions. Besides the process is standard across most credible brokers.

Some traders have complained that there is a lack of small term binary options. 15 minutes is the shortest expiry. But other brokers offer what’s labeled a ”Turbo” option which is usually less than 2 minutes.

Some can be as short as 30 seconds too. It’s certainly an area where Anyoption can improve. That said the lack of short term trading options might not be a problem for most traders.

Conclusion

AnyOption is an excellent trading platform which comes backed by a well-designed mobile app. The service is one of the pioneers in the binary trading industry, and they have continued to improve upon their features and offers. The most recent improvement has been with the introduction of ”Bubbles” which is a unique trading feature in the industry.

Another exciting development is a license from CySec granted for ”Portfolio Management.” Interestingly, no other binary trading service has this license to date and is yet another sign of the service being ahead of others.

AnyOption is registered with European regulators and regulated by CySec. There are very few if any complaints generated. Apart from the lack of short-term expiration time limits which will put off a small number of traders, their service is excellent as a whole.

Additional information

Customer Service: Live Chat / Email: [email protected]
Languages: English, Spanish, French, German, Italian, Danish, Swedish, Russian, Japanese, Arabic, Korean, Finnish, Indonesian, Turkish, Portuguese, Greece, Norwegian, Malay
Trading Options: High / Low, One Touch, Option Builder
Assets: Currencies, Stocks, Indices, Commodities
Early close: Yes
Expiry Times: 1 5 min, 30 min, 1 hr, 24 hr+
Deposits and Withdrawals: Visa, Mastercard, Bank Wire, Skrill Moneybookers, CashU, Diners Club, Maestro, Ukash
Withdrawal Time: 3 days
Demo account: No

Anyoption Articles:

7 Binary Options review: Anyoption : 5 stars.

Anyoption (Broker Closed)

Overview

AnyOption – true veteran of binary options market. The company emerged in 2008 and registered in Russia. Broker is considered one of the most reliable and largest market, and has many regulations from such organizations: CySec, FCA, MiFID, BaFin and others. AnyOption offers to their customers a wide range of trading assets: currencies, stocks, commodities, indices. Trade on certain trading assets is available even on weekends. Broker uses quotes only from reputable agencies such as, for example, Thomson Reuters, which automatically displays the company on the first places among brokerage companies offering binary options trading.

Rating chart

Detailed Information

USD, EUR, GBP, AUD, CAD, CHF, JPY, NZD, NOK, SEK, RUB

AUD/JPY, AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/JPY, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/JPY, USD/NOK, USD/RUB, USD/SEK

Anyoption Reviews

El Nasta from El Salvador

I read jokes about binary options and, in spite of everything, decided to try it myself. I could not find it better I’ll stay here :) and yield of 89%

Moa Nguen from Vietnam

I’m a skeptic, but here I really managed to earn. Initially, I learned to invest a small amount, now the rates are increased, but I still do not risk much. I’m still learning)

Dennis Winchell from Sweden

I started using binary options and as long as it turns out and would not say that the income is quite large, but it does exist. I work with binary options for exactly a month and Im happy with it!

April Luier from France

A few months ago I began to trade with this broker and is still satisfied. Here quite convenient conditions for trade and to understand for a long time it was not necessary. The withdrawal of money always comes on time, and sometimes even earlier. The site has quite good and responsive technical support, as well as quite a lot of training materials.

Margarette McCoy from Australia

I worked with many of brokers 2-3 years, i work with this broker and two more now. Here i work for half a year, i looked carefullyat first, the deposit replenished neatly, but after the first two conclusions of the earned money I began to work confidently and in general the broker makes me happy, it works stably, technical support works responsibly I personally do not have any complaints, a good office.

Melanie from Serbia

I tried to work with many brokers I left only a few but in the end I have been working with this broker for the second year, the broker is working quite stably The site is fairly clear interface, so that it is not difficult to understand even the beginner, there is a wonderful and responsive tech support The withdrawal of money always comes at a specified time and without delays, so . I recommend with confidence

Kaitlyn from Austria

A serious broker! work is a pleasure. The performance is excellent, the terminal just flies. By the way, the conclusion is generally without delay!

Hanna Muoi from Singapore

I do not understand people who write bad reviews about Anyoption, most likely these are the machinations of competitors, because i myself have been working with this broker for more than a year and have not encountered serious problems during my work. I can say for sure that they can be trusted. They do not interfere in the trade and all withdraw normally.

Dallas from Lithuania

A cool broker, they have excellent analytics, and very good webinars. Also here all the conditions for algorithmic trading.

Tanuki Trader from Japan

A serious company for those who want to make money on the exchange. I’m not afraid for my deposit, everything works here: technical support works promptly, managers are 24 hours on the phone, correctly answer questions and intelligibly explain if that. Also, the analytical department, daily news and analysis of experts work fine. I work profitably, the broker does not fail and does not create problems.

Beginner’s Guide to IQ Option: Complete Review

IQ Option is an online trading platform that enables customers to trade a variety of financial instruments and assets such as Binary Options, Stocks, Forex and of course Cryptocurrencies.

Founded in 2020 and operated by IQ Option Ltd, the site has quickly became one of fastest growing online trading platforms and claims to have over 20 million account holders from around the world.

IQ Option is also based in Cyprus and regulated in the EU by the Cyprus Securities and Exchange Commission (CySec), the company is fully compliant with the legislation put forward by the commission and fully authorized to sell their products to clients in a number of jurisdictions.

Risk Warning: Your capital might be at risk.

Take a look below as we walk you through the site and offer our full review of the service.

IQ Option at a Glance

Broker IQ Option
Regulation CySEC (Cyprus)
Minium Initial Deposit
$10
Demo Account
Yes
Asset Coverage CFDs, ETFs, Forex, Cryptocurrency, Stocks, Indices, Commodities
Leverage 30:1 Retail Traders, 1000:1 Professional Traders
Trading Platforms Proprietary Web, Mobile App

What it Offers

IQ Option is a comprehensive trading platform that provides its users with a wealth of alternatives, and after starting out as a binary options broker, IQ Option now allows customers to trade Contracts for Difference (CFDs) on stocks, Cryptocurrencies, Exchange Traded Funds (ETFs), Forex, and a range of various digital options.

  • CFD on Stocks – IQ Option allows users to trade CFDs on stocks from over 176 different companies, including the most successful businesses listed on the NASDAQ and NYSE.
  • Cryptocurrencies – Users can also trade 12 of the top cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, Monero, Zcash, Omisego, IOTA, and Dash.
  • ETFs – EFT trading is a relatively new product, and ETFs work by tracking commodities, indices and baskets of assets. These can be traded in the same way as common stocks, and traders can choose from approximately 4288 different ETFs.
  • Forex –FX trading, or Forex, is an extremely popular trading market and IQ Option provides access to around 188 currency trading pairs. This allows users to trade their favourite foreign currencies with ease.
  • Options – Users can speculate on the price of a number of different assets, which include currencies, stocks, indices and commodities. The platform currently provides a gateway to over 10 million options.

IQ Option Demo Account

Like many competitors, IQ Option offers a demo account. However, IQ Option’s demo account stands out. This is because there is no limit on how long you can use the demo account. That allows you to get truly comfortable with your trading techniques. It also allows you to test new trading strategies in the future.

The IQ Option demo account includes $10,000 in virtual funds. If you use all of those virtual funds, you can easily have the amount replenished, allowing you to continue practicing your trading techniques.

Another standout element of the demo account is the fact that you do not need to provide personal information before using it. This is not always the case with competitors. The lack of personal information required for a demo account helps potential clients protect their privacy.

IQ Option Real Accounts

IQ Option requires a low minimum deposit and new traders can start off by just depositing $10 in order to gain access to a live account, there are currently two trading account options:

  • Real Account. This can be accessed with the $10 minimum investment and there are no restrictions on trading functionality. This account provides access to over 70 assets and users can request withdrawals that are processed within 24 hours. Real account holders can also take part in various trading competitions held on the platform ( customers outside of the EU ).
  • VIP Account. – This is available to Traders who:
  • Make a deposit of $1900 or an equivalent amount in other currencies, or Have a trading volume of $15000 “IQ Option Ltd. provides VIP status for traders from non-EEA countries”
  • In addition to the features found on the real account, the VIP account also includes a personal manager who is always ready to assist traders with any queries and issues. The VIP account also comes with a monthly report on user trading records, which is performed by the platform’s analysts and gives customers valuable feedback on their performance.

IQ Option Signup

The best way to get started is to sign up via Facebook, Google, or to simply create an account by using an email address. After inputting your details and creating a password you can proceed.

When this is done you can immediately use your practice account or top up your real account before moving on to live trading. A pop-up will notify you of the creation of both your practice account and real account.

IQ Option has developed its own proprietary platform and this makes navigating the site an enjoyable experience. The platform has been generally well designed with an intuitive approach and it’s quite easy to locate all the various tools and features. The free demo account also provides users with the possibility to trade with all of the underlying assets. As a result, there are a variety of options regarding types of trades and users can quickly switch between their preferred assets. The platform also offers a range of charting tools such as Bollinger bands and moving averages which all help enhance trading capabilities.

IQ Option Deposits

With IQ Option, there is a minimum deposit of 10 USD/GBP/EUR. You can select your preferred form of deposit, and IQ Option does not charge any fees for depositing funds.

To make your first deposit, you will need to go through the account verification process which in the EU involves adding your phone, personal information, adding your trading experience and uploading photo identification. Different countries will have different requirements and also will need verification to make withdrawals from the site.

IQ Option offers its customers a number of ways to make deposits and withdrawals to and from their trading accounts. Users can currently use debit services such as Maestro and Visa Electron, or credit cards like Visa and Master Card. Customers can also use a host of payments processors such as Skrill, WebMoney, Cash U, Neteller and Moneybookers.

There is also the option to process payments via Wire Transfer and the current minimum withdrawal amount is $2, while the estimated time to withdraw funds is 1 business day. Your bank may charge fees for this process.

As of the time of writing, IQ Option still does not allow for deposits via PayPal. However, the platform is working to make this an option.

IQ Option Withdrawals

When it comes time to withdraw funds from your IQ Option account, the method used will vary based on the deposit method. In the case of deposits via a credit or debit card, you must withdraw the initial deposit amount onto the card. Since this transaction gets processed as a refund, you can only withdraw up to this amount to your credit or debit card, including deposits made within the past 90 days. Any profit that is over this amount will need to be withdrawn via a bank transfer or your chosen e-wallet.

The e-wallet options for withdrawals are identical to those for deposits, including Skrill, WebMoney, and Neteller. Alternatively, you can withdraw those profits via a bank transfer. Keep in mind that opting for a bank transfer does come with a fee of $31. In the case of deposits made via an e-wallet, you must withdraw the funds to your same e-wallet account.

Regardless of your withdrawal method, IQ Option will process your request within three business days. Bank cards and payment providers may require additional processing time.

Keep in mind that before you can withdraw funds from your IQ Option account, you must verify your account by submitting identification documents. This involves uploading:

  • A photo ID, such as a driver’s license or passport
  • In the case of a deposit made via a bank card, you must also upload an image of both sides of every card used. Hide the CVV number and the middle digits of your card number. Keep the first six and final four digits visible. This is for your own security.

How to Trade on IQ Option

Trading on IQ Option is relatively intuitive and the trading platform is very well designed. You will see the chart is in the center with buy and sell boxes to the right hand side. Your balance is displayed at the top along with any assets you are currently trading.

You can use the drop down located at the top left of the chart area to choose which instrument to trade. The drop down contains FX Options, Forex, Stocks, Crypto, Commodities, Indices and ETFs and from that you can then select or search for your chosen asset.

You trade right from the Web Trader’s interface. To the right of the graph for your chosen asset, you will see options to buy and sell. You simply fill out the amount of the asset you wish to purchase and submit your order.

You can also place an order easily via the mobile application, and the overall setup is very similar. To the right of your chart, you will see the same options, with the ability to adjust investment, leverage, and price and then select buy or sell. For clarity, this section of the trading platform will also display the spread.

Users can also easily search for their favorite cryptocurrencies and analyze all of the most relevant and up to date information. In addition to offering Bitcoin and Ethereum, IQ Option also offers at least 10 other cryptocurrencies to trade. These include Dash, Ethereum Classic, IOTA, Ripple, Litecoin, and Monero.

Risk Warning: Your capital might be at risk.

The interface also provides easy to find links to chats, trading history, and customer support, and in the event of any issues, users can quickly open up a dialogue with the support team. Another standout feature is the resources section that provides access to training and education materials. A number of short training videos are integrated into the site and traders can access these resources without having to leave their training accounts.

The demo version of trading platform is also the same as the live version, and traders can improve their skills by using the $10000 of virtual funds that come with the practice account. Even if things go badly, these funds can be replenished, giving traders a consistent pool of funds to practice with.

Order Types & Stop Loss Tools

As is expected of modern trading platforms, IQ Option gives traders a range of order types to reduce risk and customize the trading experience. The variety of order choices lets traders create strategies that are short-, medium-, or long-term and featuring a variable return. Multipliers let traders increase the risk level for an investment with a corresponding increase on the return.

Stop loss orders let traders set maximum losses that they will accept, automatically closing the trade if it is triggered. Take profits do the same thing but when the trade reaches the profit you specify. A trailing stop will lead to dynamic operation of an auto-close at loss, moving with the price in the direction the trader indicates. Purchase at preorders lets traders set a price at which enter the market.

To supplement the order types, IQ Option offers a range of tools for setting stops and take profits. While most brokers just let you select the asset price, IQ Option lets you set the take profit or stop loss at either a percentage, numerous loss, or specific asset price. There is also the choice to apply the dynamic stop loss or trailing stop and the ability to use the balance to keep a position open if it exceeds the stop loss.

Order Types

There are numerous order types available with IQ Option, with the specific types of order available varying by asset.

  • Multiplier orders allow you to increase the return on investment and your level of risk via a coefficient. This is a popular tool among advanced traders, but it should only be used by those with experience due to the increased risk. When used properly, it can dramatically increase potential profits.
  • Stop loss orders let you set maximum losses that you will accept. When this type of order gets triggered, it automatically closes the trade to minimize your losses.
  • Take profit orders are almost the opposite of a stop loss order. You indicate the amount of profit you want to reach, and the order automatically closes when it reaches this point.
  • Trailing stop orders build on the idea of a stop loss by dynamically using auto-close at stop. A trailing stop order will move with the changes in price in the direction that you indicate.
  • Finally, a purchase at or pre-order lets you choose the price at which you want to enter the market. When the market reaches this point, the trade will automatically be executed.

Charting Tools

To ensure traders can get the most from the IQ Option trading platform, the broker offers a long list of charting tools that can provide insights and help clients craft their trading strategies.

Candle charts are among the most popular for IQ Option traders. These candles indicate a period of time, with solid colors indicating volatility during the given period and points marked for the price at both the beginning and the end of the given period.

Hollow candles are similar. However, instead of always using solid colors, the positive candles are hollow and the negative candles are solid.

IQ Option also offers area charts that show the price in the form of a line, complete with shading for the area underneath. Line charts are similar, but the area underneath the line is not shaded.

Finally, bars, like candle charts, cover a period of time you specify. They indicate the prices at the beginning and end of the period but do so with vertical lines. There are complementary horizontal lines that display the prices at open and close.

Indicators

With the indicators on IQ Option, you can spot trends and better identify potential trades that will lead to profit. IQ Option offers 13 indicators that are available via the charting interface.

Many can be used independently or together to maximize your results and insights.

  • Moving Averages (MAs) include Simple Moving Averages, Weighted Moving Averages, Smooth Simple Moving Averages, and Exponential Moving Averages. These can help provide insights into current trends and can be used with other indicators.
  • The Moving Average Convergence Divergence (MACD) shows where moving averages converge and diverge, essentially visualizing the ratio between two Exponential Moving Averages (EMAs).
  • The Parabolic SAR has a similar purpose to moving averages. However, the position changes based on the price and it moves in conjunction with higher acceleration. It shows up in a group of small dots.
  • The Awesome Oscillator indicates a visualized ratio of two SMAs (Simple Moving Averages), with one fast and one slow. The indicator helps show new trends’ development and completion.
  • Bollinger Bands are trend indicators showing a dynamic range for price movement.
  • Volume Indicators show the quantities of your chosen asset that were bought and sold within a given period, indicating interest.
  • The Alligator Indicator helps you assess market movement in terms of direction and assists with filtering Side Bands (no-trend periods). Overall, this indicator helps traders find emerging trends, and it is cross-functional.
  • The Relative Strength Index (RSI) helps figure out a current trend’s strength, as well as potential reversal points. It compares asset price growth (absolute) with the total price reduction, showing it via a curve.
  • The Stoch or Stochastic Oscillator indicators show a price’s current position in comparison to the extremes from your selected period. This is shown as a percentage and helps you determine likely reversal points.
  • The Average True Range (ATR) displays a trading asset’s current volatility within your chosen period and determines the change rate of quotes.
  • The Average Directional Movement Index (ADX) shows a trend’s strength before the price movement begins. It can also indicate potential market volatility changes.
  • A fractal is a series that includes a minimum of five Japanese candlesticks, showing the local maxima and minima of price curves as well as market reversal points.
  • Finally, the Commodity Channel Index (CCI) measures the speed associated with price movements. It helps traders determine upcoming market reversals and can detect extrema or assess a trend’s strength.

Additional Features

IQ Option places a good amount of focus on its users and the platform enables customers to trade with confidence by incorporating a number of features that greatly enhance the overall trading experience. These include:

Mobile Integration

IQ Option offers a mobile web trading solution in addition to a specific mobile application, which gives users greater flexibility regarding mobile trading options. The app has a clean, intuitive graphical interface and is easy to use; it also has most of the charting options found on the standard platform. The app also provides push notifications, and users can set key trading levels which result in alerts any time these levels are breached. The app works on tablets as well as smart phones and the platform is available to both Android and Apple iOS device holders.

Trading Competitions

If you are outside the EU, then Customers are provided with the chance to test their skills against other traders via a number of Binary Option tournaments. These frequent tournaments are usually around 30 minutes in length and require a small entry fee. After signing up, users are given $10k in virtual funds and at the end of the competition; the trader with the highest returns wins a prize.

The prize can be fixed or be related to the number of people who entered the tournament, and at best allows the winner to receive a payment of up to 100x the entry fee. If users deplete their virtual funds, they can buy in again and continue to take part in further tournaments. This provides users with an interactive way to test their trading capabilities as well as pick up new trading techniques.

As always, please note it is possible to lose your entry fees when taking part in competitions.

Education and Training Resources

IQ Option also makes a wealth of data available for all its users, and the site incorporates training resources that can benefit both newer and more experienced traders. These include various trading videos, as well as webinars and tutorials. Users also have access to a number of e-books and an FAQ section that covers the most common questions. These training materials provide valuable information to for traders of different abilities and experience.

IQ Option Affiliate Program

IQ Option offers an affiliate program for those who want to supplement their income by encouraging others to sign up to use the platform. When you become an affiliate, you simply share your affiliate link, whether this is on a website, blog, or somewhere else. From there, a user will click the ad or link. When they sign up, it will be associated with your unique ID.

Your rewards arrive when the users you encourage to sign up start trading on IQ Option. Based on the trading activity of the client, you can earn as much as 70 percent of the broker’s profit. This continues for life, allowing for passive income opportunities. The earnings are paid out two times every month, and you can choose your preferred payment method. To date, IQ Option has 115,410 affiliates in 178 countries. On the day of writing, IQ Option affiliates had already earned $35,015.50 just that day alone. You can view up-to-date figures on the countries, customers, affiliates, and amount earned by affiliates for the day on the IQ Option affiliate page.

The IQ Option affiliate program does not allow for a negative balance, as there are no deductions from your profit, only profits. There is also cross-platform support with options for mobile and web, multilanguage support, and universal links. The program even provides analytics, complete with reports that include data filters.

In addition to the regular affiliate program, IQ Option offers an IQ Option CPA program, which it advertises as among “the most lucrative” programs of its type within the industry. Qualified traders can receive payments between $35 and $1,200. As with the regular affiliate program, the CPA program receives payments twice each month and gets useful data. There is also a convenient calculator to determine approximate income from CPA program affiliates.

History of IQ Option in Numbers

As mentioned, IQ Option was founded in 2020. Since then, the broker has grown considerably and includes specific figures on its website to help show its growth. Starting with the number of active users, there were 8,110,000 registered users in 2020, which had nearly doubled to 14,680,000 by 2020 and reached 25,580,000 in 2020. This represents registered user growth of a whopping 17 million just between 2020 and 2020.

Not only did IQ Option have an expansive growth in active users, but the countries that these traders were from increased. In 2020, IQ Option had traders in 135 countries, growing to 148 countries in 2020, 150 in 2020, and 151 in 2020.

IQ Option also lists the figures related to trades throughout the years. Between 2020 and 2020, the number of daily transactions increased by nearly 70 times. Between 2020 and 2020, this figure grew another 2.5 times. For those interested in specifics, 2020 had an average of 646,000 transactions each day, which increased to 956,000 by 2020 and 1.8 million by 2020.

Or you can look at the figures representing growth in terms of trading volume per month. Between and 2020, this figure increased by about 23 times. In 2020, the figure was $16 million, which became $89 million, an increase of 5.5 times in just a year. By 2020, this was $184 million, more than doubling in just a year. Between 2020 and 2020, the monthly trade volume increased to a whopping $380 million. This means that for two consecutive years, IQ Option doubled its monthly trading volume.

That trading volume does not all stay inside the platform. Instead, there is also an increase in the amount that traders withdraw from the platform each year, showing that the active users are truly earning money. In 2020, traders withdrew $1.5 million per month, which became $5.8 million in 2020 and $10.8 million in 2020. In other words, 2020 saw 1.8 times more money withdrawn by traders from IQ Option compared to the previous year.

It is also worth noting that these withdrawals have increased in speed. In 2020, IQ Option made changes to offer instant withdrawals. This allowed for 68 percent of withdrawal requests to be processed immediately. Now, the average time for processing a withdrawal from IQ Option is just one day. The order processing has similarly improved, now averaging just a second.

IQ Option also offers indications of how its customer support has improved over the years. When chat support began in 2020, there was an average wait of 7 minutes for a reply in chat, which decreased to 4 minutes in 2020, 46 seconds in 2020, and 38 seconds in 2020. On a similar note, the amount of time it took to answer a ticket decreased from two hours in 2020 to 24 minutes in 2020 to just 16 minutes in 2020. Some of this is also due to the growth of the support team, which only had 25 members in 2020 but grew to 39 members in 2020 and 78 in 2020.

The number of affiliates has also grown from 3,000 in 2020 to 84,000 in 2020. This included 21,000 affiliates in 2020 and 48,000 in 2020. Along with the growth of affiliates, those affiliates have consistently earned more every year. Affiliates earned $200,000 monthly in 2020, $810,000 in 2020, $2.3 million in 2020, and an impressive $4.6 million in 2020.

IQ Option Awards

Over the years, IQ Option has accumulated an extensive list of awards, each of which shows off one of the platform’s strengths. The Academy of Interactive & Visual Arts honored IQ Option with the 2020 Award of Excellence, which is the highest honor from the Communicator Awards. IQ Option was recognized by the voting committee as the top trading app in the Financial category.

In 2020, IQ Option earned the Rising Star award for “The intelligent trading app for binary options” from the Mobile Star Awards, the largest annual awards program worldwide for mobile software and innovations. The organization praised IQ Option for its design and efficiency.

The Web Marketing Association honored IQ Option with the Best Technology Application in 2020 for the company’s mobile application.

IQ Option also earned the Century International Quality Gold ERA Award from the Business Initiative Directions Group as recognition for the company’s commitment to Excellence and Quality, especially within Customer Satisfaction.

Going back a bit further to 2020, IQ Option earned the title of Best Binary Options Broker Europe 2020 from the Global Banking & Finance Review. The broker also earned the title of Most Innovative Binary Option Platform from the IFM Awards in 2020, as well as the Best Mobile Trading Platform in the same awards.

Global Brands Magazine, which is a reputable brand observer in Britain, honored IQ Option with the title of Fastest Growing Binary Option Brand. In the Forex Awards 2020, IQ Option was named the Best Trading Platform. Also in 2020, the MasterForex-V awarded IQ Option as the World’s Leading Binary Options Broker and the Most Reliable Binary Options Broker.

The FX Report Awards named IQ Option the Best Binary Options Broker in 2020. In 2020, the same year IQ Option was founded, the company earned the title of Most Innovative Binary Option Broker from Moscow’s ShowFx World conference. At the IAIR Awards, IQ Option earned multiple awards, including the Best Binary Options Broker and the Best Binary Options Broker/Trading Application.

IQ Option Jurisdictions, Languages, and Countries

IQ Option has clients from 151 different countries. The platform and website are currently available in 13 languages, allowing traders from around the world to trade in a language they are comfortable with. For further international appeal, IQ Option lets traders select from one of the following currencies for funding: GBP, EUR, USD, Yuan, MYR, IDR, and RUB.

IQ Option is owned and operated by a company within the European Union. As such, IQ Option has a license from CySec, the Cyprus Securities and Exchange Commission. To receive that license, IQ Option met, and must continue to meet, minimum requirements related to marketing restrictions, client funds, and trading products. The registration in Cyprus as a financial services provider has number 247/14, giving IQ Option the ability to take on European clients, who then receive full CySec protections.

Due to CySec regulations, all client funds must be stored in segregated accounts that IQ Option cannot access for its own brokerage business. CySec regulators also offer a level of deposit insurance, which protects a certain level of all investments made with IQ Option if something happens to the broker.

IQ Option USA

Unfortunately, IQ Option is not available to traders in the United States. The broker is available in 178 countries around the world, but the United States has stricter restrictions and regulations, meaning American traders cannot use the broker. Other countries that you cannot use IQ Option in include Canada, Russia, Australia, France, Japan, Belgium, Turkey, Israel, Iran, Syria, and Sudan.

IQ Option Customer Support

IQ Option allows users to contact the support team via email, contact form and a chat function. The site claims to respond to all queries within 46 seconds and aims to resolve all tickets within 24 minutes. There are currently around 83 customer service specialists on the team and traders who require a more personalized service can upgrade to the VIP account which comes with a personal account manager.

IQ Option retains an international focus and aims to cater to traders from around the world. The platform offers the possibility to trade in a variety of different currencies such as USD, GBP, EUR, Yuan, RUB, TRY, IDR and MYR. In addition to this the site also provides support in languages such as English, French, Italian, Spanish, Portuguese, Chinese, Korean, Arabic, German, Turkish, Thai, Hindi, Urdu and Norwegian.

However, due to a variety of different regulations, the site does not provide its services to citizen or residents of the United States of America, Australia, Canada, Belgium, Israel, Palestine, Japan, Sudan, Syria, Iran, North Korea or Russian Federation.

IQ Option also adheres to the required standards of identification and users should note that when they register for a trading account they must provide their personal data and verify their email address and telephone contact number. Potential users who are unable to do this will be unable to complete their account registration.

  • Also after funding your account, you will be asked to provide further personal information in order to complete your account verification. IQ Option will expect to receive copies of identification documents such as:
    Passport or National ID Card issued by a Government Authority
  • Proof of Address in the form of a Utility Bill or Bank Statement is required from EU residents.

IQ Option Customer Reviews

Most online reviews from customers of IQ Option are positive, but there is the occasional negative review, as should be expected. Some complaints relate to the fact that IQ Option requires KYC procedures to verify your identity before you withdraw funds. However, these procedures are normal for any broker dealing with fiat currency, and even many cryptocurrency exchanges require KYC procedures.

Some users also indicate that withdrawing funds can be challenging at times with the occasional issue related to having an account blocked. However, this does seem straightforward to resolve and may come down to KYC issues; the reviews are not clear on the cause.

Those reviews that indicate complaints against IQ Option are regularly interspersed with positive reviews. It also seems that many of the negative reviews posted online are not actually from customers. Instead, they are from people who claim to have had issues as a way to promote another service. When you look at online reviews from people who claim to be customers of IQ Option, remember to take them with a grain of salt since many are clearly from competitors or people with ulterior motives.

When read with a critical eye, the overall trend of seemingly valid reviews of IQ Option from customers seems to be neutral to positive.

Is IQ Option a Scam ?

While carrying out this review and researching other people’s opinions online, we found a number of complaints from people calling the site a scam. Some reasons mentioned are that they disabled a person’s account which didn’t allow them to withdraw their balance and a lot of disgruntled people who seem to have lost money trading on the platform.

But we also found overwhelming number of positive comments about the company which seems to point that the few who have had problems with them are the more vocal people online.

In our view there is absolutely no way this company can be considered a scam, the company is a tightly regulated business with a high revenue turnover, official business premises and high quality website and trading software.

Is IQ Option Safe?

In addition to practices such as maintaining segregated accounts for client funds, IQ Option offers security in several other ways. Unsurprisingly, the broker has full SSL encryption. As such, all communication that traders send to the broker’s servers is encrypted in a way that meets AES 256 Bit encryption standards. That encryption limits the ability of hackers to access information, letting IQ Option supply added protection of both client funds and information.

Conclusion

IQ Option is an impressive platform that provides its users with a great amount of value. The site merges a good level of transparency and functionality and users can be comfortable knowing that the platform is in keeping with the latest financial regulations.

Trading on the site is generally quite a smooth experience and the platform utilizes an intuitive UI that is easy to navigate. The platform and trading application is functional enough for professional traders whilst also being simplistic enough to allow new entrants to painlessly learn the trading process.
IQ Option is a company on the rise and has grown to managing almost 15 million accounts and processing 3 million trades per day. The site also enjoys a trading volume of $11 billion a month and pays out approximately $5.7 million to its users on a monthly basis.

The site does have its drawbacks, and users who require extensive interaction with a customer service agent may be unfulfilled by the two account levels. In order to be in consistent communication with a personalized account manager traders are expected to pay a $3000 fee which may be too restrictive for some. The site is also proving to be popular with traders around the world and despite IQ Option devoting time and energy to developing its customer service, there is the possibility that users may have to wait for more than 24 minutes in order to have their queries processed.

Finally, IQ Option is not available to the residents of countries such as the United States, Canada, and Japan. These nations are home to large numbers of financial literate individuals and the platform would be better off with their presence. However, IQ Option still caters to traders from over 178 countries and provides a comprehensive service to all its users. The platform caters to stock, Forex, and cryptocurrency traders and individuals who sign up can be sure to interact with an intuitive platform that provides access to a wealth of resources, and trading options.

Risk Warning: As always with trading, you should know the risks before hand – these are volatile markets where it is completely possible to lose large sums of money if you do not know what you are doing. Make sure to do your research, learn the platform inside out and never risk more money than you can afford to lose.

AnyOption Review

Company info:
Name AnyOption
Website anyoption.com
Foundation Year 2008
Trading conditions:
Min. Deposit 200 $
Payouts 71 %
Trading Assets Currencies (Forex), Indices, Stocks, Commodities
Option Types High/Low Options, One Touch Options, Range Options
Payment Methods:
Credit Card, Wire transfer, Skrill, CashU, WebMoney, Check
Other Features:
Accept US traders
Affiliate program
ProfitF BONUS:

Detailed info:

TABLE OF CONTENTS:

AnyOption – Binary Options Broker. Company founded in 2008 in Cyprus. Anyoption is regulated by CySEC (Cyprus Securities and Exchange Commission) under the license 187/12, the FCA (Financial Conduct Authority) in the UK as well as other regulatory bodies in Europe.

Figure; AnyoptionCySEC Registration

Trading Conditions

Anyoption binary options broker offers a wide range of more than 200 assets ranging from currency pairs, indices, stocks and commodities. Below is a glimpse of assets to expect on Anyoption;

Figure; Anyoption Assets

Anyoption has different trading conditions from other binary options brokers. First, expiry periods are set by Thompson Reuters and the trader chooses from the expiry periods available for a particular asset. Below are other innovative trading conditions on Anyoption;

Take Profit;
A trader can decide to lock-in their binary option profit before the expiry period is over in exchange of a premium. Take Profit is available 15 minutes to the end of the expiry time for 5 minutes.

Figure; AnyoptionTake Profit Feature

Choose your Profit %;
This is another innovative feature by Anyoption that allows you to select your payout percentage while every payout has a refund level. For instance in the example below; if you picked a payout percentage of 70%; you would receive the 70% payout is your option ended in the money and only a 5% refund if it ended out of the money.

Figure; Anyoption Choose your Profit % Feature

Trend Feature;

Just like other top binary options brokers, Anyoption will also show you the distribution of traders; i.e. percentage of trader who have traded a call option versus those who have traded a put option on a particular asset.

Figure; Anyoption Trend Feature

Roll Forward;

This is another innovative feature by Anyoption similar to the Take Profit feature. It allows a trader to extend the options expiry time to the next available expiry in exchange for a premium. The Roll Forward feature is available 16 minutes to the options expiry time for 6 minutes. This can be used by traders who feel the option will still go their way given more time.

Figure; Anyoption Roll Forward Feature

Free SMS Service;

This feature allows one to receive an option’s outcome via SMS. This feature is available for traders who purchase an option of EUR/USD/GBP 100 or more.

Show Off Feature;

This feature allows traders to show off their binary options earnings on Anyoptions show off wall, Facebook and twitter. They can also publish their show off earning on their own twitter and Facebook walls.

Figure; Anyoption Show Off Feature

Real Live Trades Feature;

This feature allows you to see trades of other traders using Anyoption around the globe. This can help one detect sentiment and decide whether to follow the masses or not.

Figure; Anyoption Real Live Trades Feature

Types of Options

Apart from the usual binary options; Anyoptions has innovative option types as explained below;

Bubbles

This type of option is only available on Anyoption. Bubbles are traded by moving a bubble on the trading chart above or below the current price, and desired time distance from the current price,to where one thinks price will break through the bubble.

Figure; Anyoption Bubbles Types of Option

Option+;This option type by Anyoption allows you to sell back before expiry time any option that was purchased.

Dynamic Option; This is a very innovative option by Anyoption that could generate returns of 1000% or more. The trader selects a level and time that he/she wishes to purchase an option on a particular asset. If the current price is above the selected purchase level; returns for a BELOW option will be high while those of an ABOVE option will be low. On the other hand, if the current price is below the selected purchase level; the returns for an ABOVE option will be high while those of a BELOW option will be low.

Trading Platforms

Anyoption has different trading platforms interfaces(web-based) for the different types of options
Below is the trading platform interface for trading Binary options;

Figure; Anyoption Binary Options Platform Trading Interface

Below is Anyoption’s Bubbles trading platform interface

Figure; Anyoption Bubbles Platform Trading Interface

Below is Anyoption’s Option+ Trading Platform Interface;

Figure; AnyoptionOptions+ Platform Trading Interface

Anyoption also provides Android and iOS mobile trading applications.

Education

Anyoption Academy has numerous videos for beginners and advanced traders, trading guides, ebooks and articles. Anyoption also has a blog that features analysis, reports and daily insights on trading various assets.

Figure; Anyoption Academy Education Materials

Payment Methods

Credit/Debit Cards, Wire Transfer, Skrill, Neteller

Pros and Cons

Pros

  • Innovative features that give traders control of their trades
  • Anyoption has a social platform
  • Regulated binary options broker
  • Innovative and first of the kind option types
  • Options with potential returns of 1000% or more are available
  • Numerous assets are available
  • Simple, easy to use trading platforms
  • Mobile trading is available

Cons;

  • A demo account is not available
  • Lack of technical analysis tools and indicator on Anyoption’s trading platforms
  • No desktop trading platform
  • Traders cannot set their own expiry periods apart from Bubbles trading

Conclusion

Anyoption puts itself among the most innovative binary options brokers with very innovative option types and features. Features available will enable both newbie and advanced traders have more control of their trades and diversify across the different option types available.

Please post Comment/Review about “Anyoption”, if you have any experience with this Binary Options broker. Use tab “Comments” (top of the page)… Now, everything seems OK with Anyoption. “ProfitF” will keep monitoring this broker and update this review if any changes take place.

Best Binary Options Brokers 2020:
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