Is Anyoption Legit?

So someone recently asked me whether Anyoption, or any other binary options broker was legitimate. Mercifully, I can say with some authority that they are in fact a good business with thousands of clients making trading transactions every single day the markets are open. You don't have to take my word for it though, as it is plainly evident from transaction volumes from real clients with real accounts.

Anyoption: A European Union Regulated Broker

Before I get into anything specifically addressing trading volumes or actual client data - people should understand that for many years a number of fixed-return (binary) platforms operated in an unregulated marketplace. Basically it was a free-for-all with all kinds of offers and deals. As time has worn on financial regulating authorities noted numerous complaints about binary options brokers. Amongst those with the most complaints was Banc de Binary - which ultimately led to prosecution by US regulators including the SEC and CFTC (see press release).

In 2013 Anyoption became the first fully European Union regulated binary options broker. Why did this happen so recently? This happened in part because previously fixed-return options were an unregulated market. Before a market can be regulated, some securities regulators actually have to craft the laws and rules governing the underlying contracts. Once CySEC (the securities regulator in Cyprus - a European Union member) crafted rules to regulate the market, Anyoption made the necessary changes to become recognized as the first fully regulated binary broker in the European Union (see other regulated binary brokers).

Although I am sure it cost them numerous clients at the time, Anyoption (see a full review of Anyoption) has always remained above the fray when it came to making wild claims or bizarre offers about their products or trading platform. When the CFTC and SEC issued warnings about non-regulated binary brokers offering accounts to clients in the US, Anyoption discontinued offering specific contracts to US clients, and then discontinued doing so altogether as part of their effort to follow securities laws.

Do Real People Actually Trade Binary Options at Anyoption?

It is clear from trading volumes that real people do in fact invest money in accounts at Anyoption and make trades. Although I can not see the individual client names I can see clearly trading volumes and deposit amounts.

Answer me this: if Anyoption does not offer bonus cash to clients (what is bonus cash at binary brokers?), and customers make say... a thousand dollars in deposits in a month and trading volumes from the same client base is more than $10,000 (a ratio of 10:1) - how does one explain the volume of trades? The answer should be obvious: the clients are able to turn over there $1000 deposits 10 times trading in the market - meaning they have to have made at least $9000 in winning trades.

Each month for which I have volume data indicates a ratio of deposits to trading volume of anywhere from 6:1 to as high as 55:1!

Does that mean every trader is winning or that every trade is winning? No. But after 6 years of following this data it does say a few things:

1. Anyoption has never missed a payment to me
2. Clients who have viewed my binary options trading course are able to turn over their deposit multiple times (on average about 10 times) - indicating numerous winning trades
3. As a regulated broker, Anyoption is committed to being a legitimate broker of binary option contracts