Binary option trading is becoming a widely popular trading platform due to how simple it is to get started. It’s also not as complicated to understand as other forms of trading, making it attractive both to newbies and seasoned traders. There are several platforms available that would let you trade binary options and one of them is ‘anyoption’. Let’s examine just what ‘anyoption’ is and how can you leverage the platform to do some trading.
Highlights of Contents
Ease of Use
The anyoption binary options app is straightforward and has a clean and user-friendly interface. It’s optimized to work on smartphones and tablets so that you would see the details clearly. Its lightweight doesn’t take up much space on your mobile device. Most importantly, it responds properly to every swipe and tap, making it a breeze to use. What’s more convenient is that this platform has a website where you can sign in to access your account or trade. This is perfect in case you don’t have access to your mobile phone for some reason or you wish to check your account on a bigger screen on your computer.
Security
This is one of the most important things that every trader should consider. There are several trading platforms available offering high winnings, but not all of them are regulated and can be trusted. The good thing about ‘anyoption’ is that it’s regulated by the Cyprus Securities Exchange Commission (CySEC) so you would know that it’s safe to trade. Moreover, it has a complete contact option on the website, including the operator’s name, which is Ouroboros, the physical address, phone number and email address. There are many binary option platforms that don’t have any contact details available making them shady as you wouldn’t know how to reach them in case you encounter any issue with your account.
Trading Options
Another thing that traders take into consideration when choosing the best platform is the selection of trading options available. ‘anyoption’ offers a good number of trading options and they are Binary Options, Option+, Binary 0-100, One Touch and Special. It doesn’t come with 60 seconds trading though. There are also several assets to choose from and you can monitor their value in real time so you can calculate your risks and make a sound move. The app also has an iOS version.
Pros
- Easy to use
- Regulated
- Several trading options and assets available
- Responds to swipe and tap
- Offers up to 81% profit, which is pretty high
- No minimum withdrawal or deposit amount
- No ads
Cons
- Doesn’t offer 60 seconds trading option
- No bonuses
- There’s a fee for each withdrawal after using the free withdrawal given per month
The Verdict
Like other platforms, ‘anyoption’ also has its advantages and disadvantages. However, its benefits outweigh the drawbacks, making it an excellent platform to choose. Considering the fact that it’s easy to use, it offers good returns and most importantly it’s secured. It’s a highly recommended application to download and install if you plan to try binary options trading. There are no advertisements in the app so you will not be distracted while trading.
