The Best Binary Options Broker 2020!
Perfect For Beginners!
Free Demo Account!
Free Trading Education!
Good choice for experienced traders!
AnyOption Review | AnyOption.com binary options trading
|Minimum deposit||Min. bet size||Payout %||Bonus||Trading platform|
|$100||$25||Up to 81%||50% – 100%||In-house|
AnyOption is a Cypriot Binary options broker, offering trading in over 100 assets on its custom made innovative binaries trading platform, including bitcoin.
The Company. Security of Funds
Founded in 2008, AnyOption is one of the pioneers in the binary options trading industry. This is a brand name of Ouroboros Derivatives Trading Ltd., a registered Cyprus investment company, licensed and regulated by Cyprus Securities and Exchange Commission (CySEC).
Ouroboros Derivatives Trading Ltd. adheres to strict regulatory guidelines designed to ensure transparency and protection to all of its clients, and is under stringent regulatory supervision by CySEC.
First of all, the Cypriot financial watchdog requires Cyprus-based brokers to hold a minimum of €730 000 as a proof of financial stability. Besides, all CySEC-regulated companies are members of the Investor Compensation Fund, which may cover investment loss to a maximum of 20,000 EUR per person in the event that the broker becomes insolvent. Such compensation schemes serve as an additional guarantee to clients’ funds.
Additionally, every CySEC- regulated investment company is also MiFID compliant and therefore entitled to offer cross-border services within the EU under the MiFID Passporting Regime.
AnyOption is also regulated under FSB (Financial Services Board), an independent institution in the South African non-banking financial service industry. The AnyOption trading platform is licensed under Basfour 3773 PTY Ltd, a financial services provider in South Africa, which provides the regulation needed to offer binary options trading within the country.
Trading Options: Call/Put, One touch, Long Term, Binary 0 – 100, Bubbles
Assets: Currencies, Stocks, Indices, and Commodities
Expiry Times: End of Hour, End of Day, Week, Month
Unlike most binary brokers, this one does not offer 60 seconds options, the minimum expiry time available is 15 minutes. So if this is your cup of tea, you should probably consider another binaries broker, like HY Options or CherryTrade.
Minimum Initial Deposit
The minimum initial deposit for clients of AnyOption is 100 EUR/USD, which is a low initial amount. Most binaries brokers require $200 – $250 from traders as a start. For instance, Banc de Binary demands an initial amount of 250 EUR.
Min bet size
The minimum bet size with this broker a bit high, amounting to $25. In comparison, with Banc De Binary one can place a trade with just $1. Such low minimum bet sizes allow better risk management.
The Best Binary Options Broker 2020!
Perfect For Beginners!
Free Demo Account!
Free Trading Education!
Good choice for experienced traders!
AnyOption stands out from other brokers because they allow traders to choose their Profit and Return percentage. It varies from 61% to 81%, which is average for the industry. The good news is that clients of this broker also get refund on losing trades of up to 25%. That means that the higher the payout, the lower the refund on unsuccessful trades.
The trading platform is simple and easy to use. Traders can view up to 4 assets, including all needed information, such as Trading Trends and Financial news feed just below the asset tabs. It is web-based and available in different languages.
Except for the standard Call/Put and One Touch options, AnyOption offers additional trading tools such as the Option+, Binary 0-100 and Bubbles.
Option+ is a useful trading tool that offers investors the option to delay or close the expiry time before the actual closing time after purchasing an asset, and Binary 0-100, a model based on US style trading.
Binary 0-100 works on a “one click” method. Once you click a BUY or SELL button, the transaction is executed immediately with no additional confirmation. The Binary 100 is in fact a faster trading option than 30/60 seconds, allowing traders to jump in and out of a trade in the blink of an eye.
Bubbles option was launched in 2020. When trading Bubbles, traders can select asset and create their own trading bubble by moving the cursor on the screen. In case the closing price intersects with the bubble at any time, the trade is considered “in the money”.
Binary Options Signals trading is also available. The only drawback to AnyOptions’s trading platform we can think of is that it does not offer practice demo accounts.
AnyOption offers sign-up cash bonuses from 50% (for deposits of $100) to 100% (for deposits of a minimum of $500).
Methods of Payment
There are several payment methods available to AnyOption’ clients: Credit/Debit cards (Visa, Maestro and MasterCard), Bank Wire, and e-payment Skrill.
AnyOption is a reliable & regulated binary options broker, offering a variety of assets and trading options on its proprietary trading platform. To sum up the above, here are the advantages and drawbacks in relation to this broker:
|CySEC-regulated, operating since 2009||Relatively low average payout (71%)|
|Unique and easy to use trading platform||No demo account|
|Out-of-Money refund up to 25%|
|Social Trading available|
FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.
XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.
HighLow Australian Regulated Broker! up to 200% Profit for Each Trade & First Trade Risk Free up to 50$only at HighLow broker! Binary Options have exploded in popularity because of… more
Australian Regulated Broker! up to 200% Profit for Each Trade & First Trade Risk Free up to 50$only at HighLow broker!
Binary Options have exploded in popularity because of their ease of trading, together with the certainty offered with every trade. Investors can rest assured in the knowledge that there will be one of only three possible outcomes with a Binary Option; that the option will expire in-the-money (win), out-of-the-money (lose) , or at-the-money (tie).
Binary Options are also highly accessible. You can start trading with HIGHLOW with as little as AUD $10.
Firstly, we recommend that start by trading on our Quick Demo, where you can practice trading with $10,000 of virtual funds. Here you can learn how to use the platform as well as familiarize yourself with the Binary Option assets and timeframes that are available on HIGHLOW.
When you’re ready to place a trade, all you need to do is select an option and decide in which direction you think the Binary Option will expire: Higher or lower than the purchase price. Once you’ve decided how much you want to trade, simply click the ‘Invest’ button. You have now traded a binary option!
In this Nadex review we will see why this platform is the #1 for US traders.
What Is Nadex?
Nadex is a US regulated platform, where you can trade binary options. You can visit their website here.
It is owned by the U.K based IG Group, a FTSE 250 global financial services firm.
They have been in operations since before binary options became a buzzword. In business since 2009, they have helped the US market familiarize themselves with binary option trading.
Nadex’s headquarters are located in Chicago,IL in the United States. Their business philosophy centers on the twin values of transparency and simplicity.
Nadex Is An Exchange
In the binary options industry, we are used to dealing with brokers. Nadex is not a broker. Nadex is an exchange. There is a significant difference between a broker and an exchange.
An exchange gives you direct access to the market, by matching buyers and sellers directly. Brokers are the go-between that connect you to their partners who then give you access to the market.
An exchange offers many advantages over a traditional broker. The most important is transparency.
Brokers use a number of routes to let you pitch in the market. The reputable brokers only pursue the ethical routes. Many others use unethical tactics. For example, a broker may take an opposite position to you (trade against you) in order to get you access.
There is no way to know for sure when brokers use unethical practices. Which is why an exchange is a better choice.
Nadex only makes money by taking a $1 fee per contract you enter into and $1 for each contract you close, offering you direct access to the market.
You will not find this level of transparency with most brokers.
Nadex Regulation and Fund Protection
The binary options broker industry is awash with European-regulated brokers, many of whom have maintained excellent records for over a decade now.
However, it is refreshing to have a US-regulated broker on the premium list of reputable brokers. Nadex is one of the only US-based CFTC regulated exchanges. The US regulator is the Commodity Futures Trading Commission (CFTC).
The CFTC designates Nadex as a ” Derivatives Clearing Organization” and “Designated Contract Market”.
As a CFTC regulated exchange, Nadex holds all member funds in segregated accounts in top-tier US banks—BMO Harris Bank, Fifth Third Bank. This level of fund protection is not offered by most regular binary brokers.
Nadex Trading Platform
The Nadex trading platform is a proprietary platform. Everything about the platform centers on simplicity:
You can trade on Nadex on your Windows, Mac, or Linux PC, as long as you have a web browser and an internet connection.
An awesome feature is its cloud multi-device sync. For example, you can place an order using the Nadex trader on your PC. Then later on, for example in transit, you can use the Nadex mobile platform to manage or exit the trade.
Assets and Expiration Times
TRADEX supports several assets in multiple classes. Furthermore, TRADEX even offers new asset classes in addition to the traditional classes.
It offers assets in the usual Currency Pairs, Stock Indices, and Commodities classes. In addition, it offers assets in the Economic Events class and even allows you to trade Bitcoin.
When writing this Nadex review, we found out that the platform supports following assets:
The expiry time differs between assets. Assets like Currency Pairs may have an expiry time of as low as FIVE (5) minutes, while assets like Stock Indices may have an expiry time of as high as ONE (1) week.
Nadex Account Types
Nadex offers four standard types of trader accounts.
The account types include:
Opening an individual real trading account takes minutes.
Nadex offers everyone a free permanent demo account that you can open in less than one minute. Literally! You only need to input your name, country, phone number, and email address to create a demo account.
This is what you get with the Nadex Demo Account:
The Nadex demo account is a great way to try out this platform.
Deposit and Withdrawal
Nadex offers multiple deposit and withdrawal options. Its minimum deposit is $250.
Nadex Review: Fees
Nadex charges a contractual fee of $1 to open a contract and another $1 to close a contract. However some exceptions exist.
Aside from contractual opening and closing fees of $1 each, the only other extra fees are the standard $25 fee for wire withdrawal and $25 fee for a returned check.
Therefore, deposits and withdrawals are free except for the wire withdrawal. The $25 fee for wire withdrawal is the standard fee in the financial industry.
Nadex Learning Center and Support
Nadex boasts of an expansive learning center. Thus, it is very clear that Nadex is committed to ensuring clients succeed in the market. This is because it sticks to their bottom line.
They make money when you open and close contracts. Accordingly, you wouldn’t keep opening contracts if you are largely unsuccessful. Therefore, it is in both in your interest and Nadex’s that you have long term trading success.
The Nadex learning center contains:
You can contact Nadex via Phone and Email. Response is terrific in terms of both speed and how it addresses the underlying situation which prompted you to initiate contact.
Is Nadex A Good Broker?
As you can see in our Nadex review, the platform is awesome. The biggest appeal of Nadex is that it is an exchange and not another run-of-the-mill broker. That makes all the difference in the world of binary options.
With Nadex you are certain that they are not trying to play a fast one on you. That certainty, complemented by simplicity and utmost transparency, makes Nadex a fantastic binary options company to choose for your trading activity.
Nadex continues to innovate in the binary options trading industry (for example they recently introduced Touch Brackets)
Its appeal is compounded by being regulated by the CFTC, offering services to US and non-US residents alike, record low fees, a robust trading platform, versatile asset classes giving you the ability to trade US and global indices, forex, commodities, economic events and Bitcoin; and a lifetime demo account.
Best Binary Options Brokers 2020: