Stern Options is a binary options broker that uses the SpotOption trading platform. Their trading platform is available for desktop and mobile use.
Stern Options Review
When we reviewed Stern Options, we notice that they are using the new version of the SpotOption trading software. This software is very popular because it has a user-friendly interface and it offers a wide variety of trading methods to choose from. The new version has added the the ability to trade in Forex and CFD, where traders can use leverage for trading.
The types of binary options Stern has are: Binary, Pairs, “60 Seconds” (short term), Long Term, One Touch and Ladder. In the Short term option, you can pick from 5 different timeouts, between 1 minute and 5 minutes. Alternatively, the Long term option lets you pick an expiry date of up to the years end.
There are over 100 assets to trade, including currencies, stocks, commodities and indexes.
Auto Trading Robots
A lot of people get introduced to binary options trading through Auto Trading Software. These “special systems” are heavily promoted as an easy way to make money.
The sad truth is that most of them are scams.
If you want a real Automated Robot, then choose one that allows you to set the controls and choose the broker. Like these robots.
Stern Options Accounts
It’s very important to read a brokers Terms & conditions page carefully before opening an account. Almost always, accepting a bonus will place restrictions on the withdrawal process. Read more about common complaints in our forum.
The minimum deposit for an account is $250 and trades can be placed for as low as $10. Stern Options has their costumer support team available 24/7! And customers have a large educational department available for them to learn anything from the basics of trading up to advanced strategies.
Compare Stern Options
Did you know that there are more than 250 active brokers operating today? Therefore, have a look at these other popular brokers that you might want to consider.
HighLow (read review) is an Australian licensed and regulated binary options broker that uses the new Markets Pulse trading platform. They offer 200% returns and they have cashback offers too, see here.
Stern Options License
How do you know if a broker is a scam or not? Our method is simple. See if they are licensed and regulated by a governmental financial regulator, like CySEC.
As of this writing, Stern Options does not have a license.
Stern Options is owned and operated by a company called, BP1 LP. The company address is: Landmark Building, 14 Tsar Osvoboditel Blvd., Sofia, 1000, Bulgaria