anyoption - binary options

App Review: Anyoption – Binary Options

April 22, 2014 - Written By Tom Dawson

Description: Anyoption is an Android app that can help absolutely anyone get into the world of Binary Options trading. Of course, having a general understanding of what Binary Trading is and how it works is needed, but other than that pretty much anyone can start trading with Anyoption. With real time trading, Anyoption promises up to 70% profit from each trade and you can even put binary options on Forex, indices, stocks, and commodities. Available in a number of different languages, the Android app syncs seamlessly with your device and allows you to trade in real time no matter where you are from the comfort of your Android device. Take a look at the video below for a quick taste of what Anyoption has to offer you.

How it Works: To get started with Anyoption on Android – regardless of whether or not you already have an Anyoption account, you’ll need to download Anyoption from the Play Store. From there, you’ll be given a little introduction into what the app and service can offer you.

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If you haven’t already created an account, you can do so when you first open the app.

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Of course, you won’t be investing in any binary options without any funding options, so you should add a bank account when setting everything up.

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When you first start using the Android app, you’ll be given a number of different menu entries to select from, each will take you to a different part of the app.

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As binary trading is a fast paced type of trading, it’s a good job that the Anyoption app allows you to track movements in real time.

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The Anyoption app is designed to be easy and simple to use, which extends all the way to withdrawing money or adding more funds to your account.

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Opinion: Anyoption as an app is a pretty decent attempt at creating a frontend for a complicated service as this. However, the app could be updated a little bit to better fit in with the way other Android apps function, thus making the app even more accessible. Still, the app is not difficult to use, and everything is easily laid out, making trades easy to do and nothing is all that time consuming at all. Binary Options is a new investing trend in the online scene, so if you’re looking to get into Binary Options trading you should definitely do thorough research to cut your learning curve. It’s important to note that AnyOption is regulated by the CySEC, which means it’s in compliance with the European Union’s MiFID (Markets in Financial Instruments Directive) and a member of the ICF (Investor Compensation Fund) which is something that everyone that trades Binary Options should always look for – trading with a fully licensed and regulated broker. Thus, with Anyoption, very little stands in your way, allowing you to trade to your heart’s content and make sure you get the deals you want, fast and resting sure that your funds are safe and sound.

Pros

  • Speed (4/5) – Anyoption is a quick app that shouldn’t hold people back from getting the trades they want, and it runs just fine on a variety of devices.
  • Features (4/5) – With all the tools needed to buy, sell and monitor your options, Anyoption is a quick and speedy application.
  • Theme (3/5) – The menu system at work is easy enough to use, but the app’s design could do with some updating to make better use of tablets and high-resolution displays.
  • Overall (4/5) – Despite the underwhelming theme, Anyoption does exactly what it sets out to do and there are no roadblocks here. Trading is easy and done in realtime, withdrawing and depositing funds is also nice and easy.

Cons

  • The way the app looks could do with some updating, as it does feel a little dated.
  • Doesn’t make good use of extra screen space available on tablets.

Conclusion: Despite a few niggles here and there, Anyoption is a nice and fast application that anyone looking to trade using their smartphone or tablet should be able to use. There’s no need to jump through hoops to get trading, and anyone can start right away. The look and feel of the app might feel a little dated, but it’s easy enough to use and there are no hidden surprises. The key features all work excellently, and there’s very little that will stand in your way when getting the deal you want. The company’s reputation is great and it’s a regulated broker, meaning no monkey business.

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