Is AnyOption not updated anymore?
We have received this question a lot about AnyOption. But the truth is that they are doing a good work by making innovative changes on their services to the public. AnyOption is THE ONLY BROKER THAT RETURNS A PERCENTAGE (5%) OF MONEY EVEN IF THE TRADE IS LOST. Let's use this review to see the changes AnyOption has made since the beginning of their operations and let's decide whether if they are still a good Binary Options Platform or not.
The first AnyOption platform was very simple and styleless. However, it was only AnyOption and 24Option back then and some scam brokers that were unregulated. Therefore, traders were choosing AnyOption over 24Option almost all of the time. It was very clean, by showing the total investment (current trade), current return (profit) and Balance. The platform had no indicators whatsoever, but instead it will mark "blue" the In The Money and "black the Out Of The Money. You can see how it looked like on the image below.
The 2nd AnyOption platform added a nice amount of new features that helped traders to become more skilled. Plus, the competitor brokers started to offer a platform called SpotOption, which would become later one of the most popular trading platforms worldwide. On the new platform, AnyOption allowed its members to see the percentage of return (profit) that he/she was going to receive if the prediction was accurate. Additionally, it allowed members to use four different charts, all at the same time so that they could be more profitable. This increased a lot the number of active users, as this was innovative and was coming from the most trusted brokers in the Binary Options industry. You can see how it looked like on the image below.
AnyOption kept innovating its platform and making it easier to be handled by its users. The second update was basically enough for users to feel comfortable trading, nevertheless they managed to change some aspects of the platform. In the latest version, you can see how much you will get as a return if your prediction is correct, and how much you will get back if your prediction is incorrect. Remember that AnyOption gives back 5% of your invested amount in case you lose your trade. It is the only broker that does that.
AnyOption is the Binary Options broker that has the highest return on investment. In fact, it has always been the broker with the highest return among all regulated brokers. This makes AnyOption the most profitable broker in the industry, far away from the competition. It is not a secret that some brokers offer a higher payout, however, they are non-regulated brokers. Keep in mind that if you deal with a non-regulated broker, even if you reach 300% more than what you invested, there is a risk of not being able to get your money back. The worst part is that you would not be able to take any legal action against them.
AnyOption brought into the market the first Social Trading Platform called CopyOp. Read the full review here. The CopyOp allows users to copy trades from other traders. This was a very convenient new feature for newbies or traders that were too busy to trade. It became a very useful tool in a very short amount of time, having thousands of copiers on a daily basis. People that had no experience at all were making money while they were just watching how other traders operate.
It took very few times for them to also reward the great traders that were being copied. CopyOp, along with AnyOption, decided to give away "coins" to the traders that were being copied. The more followers you had, the more coins that trader would get. These coins can be exchanged by real money later on. We can say that the CopyOp was helping everybody.
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AnyOption has not changed the minimum deposit required. We did take the time to ask them why they wouldn't change that, if the competitors like IQ Option or HighLow had lower deposit requirements. They answered that the reason why they didn't follow that path and kept the $250 minimum deposit requirement, was because traders cannot make money by placing $1 trades. They mentioned that the type of investors handled, are investors with higher capital to invest. Although we find that a little unfair, we have to agree that the higher the trades are, the more money you can make. We also have to take in consideration that $250 is a low amount of investment, considering the other investment types like the Stock Market.
AnyOption has a dedicated customer support for AnyOption and one for the CopyOp. They are slower than many other support departments from different brokers. This is due to the huge amount of traders in their platform. AnyOption is the Binary Options broker with the MOST TRAFFIC ON ITS PLATFORM. On that matter, there is no competition. 24Option is the second one with the most saturated traffic on their platform. However, the support team is very objective and, even if they take some time, they end up fixing any issue.
AnyOption still is, and will be for a long time, the monster of the Binary Options brokers. When we think of legitimacy, trust, innovation and good backup history, we can't think of any other Binary Options broker. Even though we have mentioned many times other great brokers like IQ Option, Daweda Exchange or 24Option, they are still followers of the pioneer and still number one broker in the Binary Options field.
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