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The binary options industry was born in 2008 on the floor of the Chicago Board Options Exchange, and since then hundreds of brokerages have come and gone. In this business, there is no room for incompetents and scammers.
We recognize Stern Options as one of the industry’s leaders. Here are just some of the reasons why we think they deserve this kind of respect.
Online since: 2020
7 Binary Options Rating:
It’s no secret that Stern Options broker offers a world-class trading experience. Whilst they boast brilliant educational resources and customer service, Stern’s reputation for excellence comes down to its world-class trading platform.
Offering unparalleled trading opportunities and types to suit any trader regardless of preference, it’s no wonder that Stern is the ‘world’s most acclaimed binary options trading environment’. The visual character of the trading platform has been well designed with every age-group of a user in mind. So it is not composed of loud colors and superfluous imagery.
The menus are neatly laid out in a clear typeface, and are set in sensible contrasting backgrounds so that the user can see everything sharply and clearly labeled. Charts and graphs are real-time live feeds from the world’s financial markets. Stern Options trading platform really has it finger on the technological button. There is a lot of peace of mind that comes with using this quality web platform.
The Stern Options menu of assets available to trade binary options contracts includes the most comprehensive variety of the world’s Stocks, Currencies and Commodities as well as the world’s main financial market indexes.
Signing up to an account with Stern Options is routinely done online or by phone. The minimum deposit is 250 USD/EUR/GBP/AUD. Stern Options are very strict about compliance with the law and regulatory requirements for the administration of account in the financial services sector.
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With the aim being to prevent fraud, money laundering, and the funding of criminal activities such as illegal narcotics and the funding of terrorist activities, for instance. If you do not comply with these requirements, Stern Options reserve the right to suspend business with you and perhaps refuse to pay the money you have invested with them until due process of law.
Therefore, just like when you open a bank account, in order to validate that your account is compliant with the law you are required to submit copies of the following documentation:
Banking & Deposits/Withdrawals
Banking with Stern Options is about as easy as they come. There are a number of different deposit and withdrawal options that you can use when trading with Stern.
They offer all of the regular ones such as:
Stern Options only use the most reputable banks in Europe and has significant on Barclays and Deutsche Bank amongst others. This is yet another reason you can feel safe with Stern Options. So you can feel confident that you can get your money, Stern clients can access the withdrawal request facility online. Withdrawals are typically processed within five business days.
Types of Accounts
Stern Options do not limit their resources but believe in extending a tailored service to suit the needs of all clients. For this reason you don’t find a menu of different account types on Stern’s website as you will on most other companies’ websites. Instead, you will receive the service you deserve to help you to success.
Generally speaking, beginners and those smaller investors each receive a standard account. There are no limiting features and you can enjoy all the facilities the wealthiest account holders enjoy. However, as you become more and more successful Stern will assign a dedicated financial analyst to you, who can help you reach even greater levels of success.
Stern makes bonuses available, with the amounts on offer ranging from 500 USD/EUR/GBP/AUD and upwards. Client’s accepting bonuses are required to trade the equivalent of 27 times the amount of the bonus before being able to make withdrawals from the profits derived from it. This is very much the industry standard paradigm for bonus structures.
Stern Options is well-renowned a pioneer in providing its clients with the best chances for success, and to make this possible they make sure everyone has free-to-use online access to their training academy. Offering unparalleled educational material which is didactic and configured to all levels of experience, from the beginner to the veteran, the learning materials are available for use 24/7 which makes it simple and easy to learn about the theory and practice of making profits from binary options.
Offering a vast array of educational courses that will turn even the most inexperienced trader into a binary options expert, Stern Academy certainly hasn’t compromised on the quality of their resources. Here are just a few of the courses you can expect to receive:
Stern clients are invited to attend regular and ad-hoc webinars which are produced to make sure their clients are up-to-date and properly informed of events taking shape in the world financial markets.
A webinar is internet based video show in which a senior financial analyst tell about important imminent and pending events that pose great opportunities for traders to invest in binary options trades and make profits from the movement of prices. We recommend that you sign-up for Stern’s webinars.
Return on Investment
Profit margins are always fixed at the moment of contract. The amount as a proportion of the sum placed on the asset is always in the range of 70% to 80% and upwards, with some species of contract giving between 200% and 400%. Lots of scopes, therefore, to reach your goals in creating an income from binary options.
Stern Options’ customer support team is multilingual, which is a must for a globally active company. They can be contacted by phone, email, and online chat 24/7.
Stern Options are one of the few companies who invest in mass-media presence with a daily market report that is available on their blog site as well as YouTube. It is as good as the best in the world.
We took a close look at Stern Options because their reputation in the industry is very popular. You only have to look at some of the websites which are directly concerned with Stern Options reviews to be able to see how popular they are. We must conclude we the evidence and this definitely is a company who deserve praise for their commitment to service and technical professionalism.
If you don’t check for yourself right now and visit their website, you certainly will be missing a proper chance to succeed in binary options trading.
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Stern Options Review
Do you expect something great from trading with Stern Options binary broker? In this review, we will investigate Stern Options carefully to bring you the most up-to-date information about this brokerage firm!
Min. Deposit: $500 Demo: N/A
Platform: SpotOption Bonus: N/A
Regulation: N/A US Clients: N/A
Stern Options is a new broker that was found in 2020. During our review we found out that it is located in Scotland and is owned and operated by the BP1 LP. Our Stern Options review has identified that this binary broker is not licensed by any recognized authority. Hence, Stern Options does not accept clients from the US, which is a good sign from traders from other countries, since it shows that this broker cares about its clients and does not want to risk being sued by the US authorities.
Stern Options Trading Accounts
Traders usually expect brokers to provide flexible account conditions that will allow getting most out of their strategies. As for Stern Options it offers one live account that can be opened after depositing 300 USD or the equivalent amount in EUR, GBP or AUD. But, with this account you will be able to get everything right away. All features that are usually available only for VIP users at some of the brokers are available here even with a min. deposit.
Stern Options Trading Platform Review
The most popular software choice among binary brokers is SpotOption. Stern Options follows the suit and you can find this web-platform offered on the website. There are different types of binary trading. Let’s list them further in our Stern Options opinion.
Unfortunately, iFollow feature is not offered here. We hope that Stern Options broker will develop this feature in the nearest future and all of its clients will be able to enjoy social trading.
Stern Options Reviews: Customer Support
Customer support at Stern Options is available via email, telephone and live chat. Unfortunately, live chat is not available 24/7 but the phone support is. Its support speaks English, German and Arabic languages. Also, there are dedicated phone support numbers available for Scotland, UK, Australia, Germany, Switzerland, Austria and Saudi Arabia.
Deposits and Withdrawals
Either to deposit or withdraw funds, you can use credit/debit cards and wire transfers. The minimum deposit amount using wire transfers is $500 with 20 USD commission.
The website tells that the withdrawal process is smooth and fast. Stern Options broker charges a fixed fee of 3.5 % for withdrawing with the card and 15 USD commission for each withdrawal via wire transfers. Also, as a usual practice for the industry, it takes approximately 7 business days for funds to reach your bank account.
Stern Options Review Conclusion
Is Stern Options legit? Yes it is. Even though, this broker does not have any license, it offers the best binary options trading platform as well as good customer support. We hope that it will implement iFollow feature soon and we will be able to test it! We can definitely say that Stern Options scam claims are not true.
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