Stern Options
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Overview

SternOptions ➜ Binary Options Experts ➜ True or Not?
Minimum Deposit, Account Types & Bonuses ➜
➜ 100% Detailed & Honest SternOptions Review
Is This Broker Trusted or a Scam To Avoid ➜ See Below!

Read Full Review

Details

Broker Stern Options
Website URL www.SternOptions.com
Headquarters BP1 LP, 272 Bath Street, Glasgow, G2 4JR, Scotland
Support Number +44 (800) 086-9172
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $250
Minimum Trade Amount $10
Bonus Up to 100%
Payout 81%
Free Demo Account Open Demo
Deposit & Withdrawal Methods VISA, Master Card, Maestro, Bank Wire, CashU, Skrill
Number of Assets 40+
Overall Score 8.1/10

Full Review

Established in July, 2016, Stern Options is a new binary options broker. They are owned and operated by GUM Ltd and are based in the Commonwealth of Dominica. Today, it is quite difficult to find a good and reputable broker. This is because, the binary options trading world has witnessed the emergence of plenty of scam and fake brokers.

Now, traders are having serious trust issues with new brokers that are launched in the market. But what about Stern Options? Is this broker worth your trust? Before you consider this broker, read our detailed review and find out if you should trust them or not.

How To Use SternOptions?

Traders can avail the services of this broker simply by completing the quick sign up process. There are plenty of assets and trading options available from this broker. Traders can choose what they want to trade and how they want to trade by using their simple and user friendly trading platform.

No Download Required

The trading platform doesn’t require any sort of download or installation. The sign up process is also quick and hassle free. Since the platform is entirely web based, only the user id and password is required to access the account. Traders can use any computer or mobile device to access their account as long as the device is connected to the internet. Web based applications provide ease of use and also enhances profitability because traders would no longer miss out on winning opportunities even if they are on the move.

How To Get Started?

There are 3 simple steps to starting out at Stern Options. Traders have to open an account by completing the sign up form on the official broker website. Then, they have to make a deposit and choose the assets they want to trade. It is crucial that traders come with an effective trading strategy. This will help them minimizes their risks and chances of losses.

With a strategy in place, traders can make use of the various features and tools available from the broker and execute successful trades. Profits that are earned from investments will be accumulated in the trading account and will only be transferred upon request.

Returns

The returns actually depend on the investment choices made by traders. For examples, the rate can be between 70 and 85% for standard options. However, if traders choose turbo or ladder options, then the rates can reach as high as 500%.

What is The Cost?

The cost of joining the broker is zero. Even all of their services, educational materials, features and trading tools are free. Traders will also get a number of benefits in the form of bonuses and risk free trades when they become a part of this broker. While the cost of joining is zero, traders must have funds in their accounts to invest on assets. Traders have to meet the minimum deposit requirement before they can place any trades.

Is Stern Options a Scam or a Legit Broker?

The broker is 100% genuine because they have provided details about their company which can be verified. They haven’t used fake addresses, emails or phone numbers to scam people. The information provided by them is correct.

We haven’t come across any scam elements when reviewing their website and trading platform. They have a comprehensive library of learning materials that can assist traders with their trading tasks. They provide a demo tour of their trading platform, an extensive glossary, lectures, articles, ebooks, live webinars and video tutorials. If the broker was a scam, they wouldn’t spend so much time, energy and effort in designing the best learning materials for their clients.

Review Verdict: Stern Options is Not a Scam

Visit SternOptions Official Website

The results that they boast of are actually achievable. Traders have made substantial profits after choosing Stern Options as their broker. Based on the positive reviews that we have come across and our findings, we can safely say that SternOptions is a reliable broker.

Deposit & Withdrawal Procedures

Deposits and withdrawals can be done using all major credit cards and wire transfer. Some digital payment options such as Skrill are also available. The minimum deposit requirement is $250.

To make a withdrawal, traders must complete a withdrawal request form first. If the method of withdrawal is via wire transfer, then the minimum amount that can be requested is $500. Processing times vary and it can range from 2 days to 7 days. There are also fees associated with making withdrawals. For credit cards, it is 3.5% and for wire transfer, it is $15.

Account Types and Bonuses

A wide range of flexible trading accounts are not available at Stern Options. The broker offers only one type of account. Anyone who sets up a live trading account with this broker will instantly start receiving all the benefits that they have to offer. There are no restrictions when it comes to benefits because no matter how much you invest, you can make use of every feature from their platform and will also be eligible for every benefit they have on offer.

Trading Platform

Stern Options make use of the SpotOption trading software. Here, traders get access to a variety of option types such as Pairs, High Low, One Touch, High Speed Trading and Forex. With more than 180 assets, the broker is a favorite choice among traders who prefer variety and diversity.

Customer Support

The customer support service is professional and they offer support in several different languages. Not only this, the customer support representatives are highly knowledgeable and responsive. They take their customers seriously and this is the reason they provide prompt answers and solutions when they are contacted. Traders who want to get in touch with them can reach them via email, telephone and live chat.

Testimonial

“I have used the services of quite a few brokers in the industry and out of them one is also Stern Options. From my experience, Stern Option is the best because they offer more assets than other brokers and their results are also better.

My profits have been consistent from the time I started using this broker. I am happy and satisfied with the choice I have made and I will continue to do business with them.”

 – Rebecca, 24

Conclusion

Although Stern Option is new in the industry, they have established a solid reputation of authenticity and reliability. It is a good choice for broker for newcomers and expert traders.
With its trading platform and special features SternOptions has become one of the truster binary option brokers and many investors are choosing them for their trading partner. The withdrawal procedure is smooth and the feedback provided from customers is positive. Our team can recommend SterOptions as a legit online trading solution.

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