Stellar Finance is a binary options broker that has been in operation since 2016. They are a European trading company based in Bulgaria.
Broker Quick Facts
|Broker Type:||Binary Options & Forex|
Stellar Finance Review
While reviewing Stellar Finance we found that this broker uses the SpotOption trading software. This is a common trading platform popular with many brokers. It allows trading various different options and assets.
For the option types, you can choose Classic Binary Options, Pairs, Ladders, Short Term, Long Term and One Touch. Now you can find additional features, that were recently added. These are, Builder, Spot Follow and Limits.
You can use these different option formats to trade over 150 assets. These include, Currencies, such as the Euro and the U.S. Dollar, Commodities, like Gold and Oil, Indexes like the Nasdaq and Dow Jones, and Stocks such as Google and Amazon.
We also found that you can now trade Forex and CFD with them. This option gives you the opportunity to use buying leverage of up to 1:500, which in turn can generate greater profits.
Stellar Finance has some unique features too, one is called Rollover, which allows you to extend an expiry time on a trade in order to maximize profit or minimize loss. Another feature is called Double-UP, which lets you double the amount of your trade even after you’ve placed your initial order. And yet another one, allows you to sell off your open positions.
These features help a confident trader to increase gains and a doubtful trader to minimize loss.
Customers of Stellar Finance have 3 account types to pick from, each one with added services and bonuses. The smallest account type requires a deposit of $250. And you can place trades at Stellar Finance for as low as $5.
We believe that educational material is invaluable. Stellar finance has an entire educational department available to its customers. This includes tutorials and strategies in the form of webinars, videos, e-books, and online resources. They have 24/7 customer support as well.
Mobile Apps and Robots
Lately, we see many Binary Options Brokers offering a Mobile App, but Stellar Finance has not launched one yet.
Caution! Many people are brought to Binary Options trading through advertisements about automated trading robots that generate easy money while you do nothing. Sadly though, many of these robots are defective, if not outright cheats and cause great losses to those who naively bought into them.
There are however some robots which can be reliable, for example this one.
We often hear about people having difficulties with Binary Options Brokers regarding withdrawal procedures. Therefore, we always encourage our readers to carefully review a brokers Terms and Conditions to clarify what requirements are necessary. Often there are strings attached to bonuses that were received.
License and Regulation
A binary options broker is a financial service provider, as such, most governmental regulators issue special licenses to operate this type of business. For example, this can be the CFTC in the USA, the FSB in South Africa and SySEC in Cyprus.
As of this writing, Stellar Finance does not have a license. You might be interested in looking here at our list of licensed brokers.
Compare Stellar Finance
As with any service or product, it always pays to compare your options. Have a look at these other brokers who provide binary option trading, see here.
Stellar Finance is actually owned and operated by a company named: Bankxi LTD. Their address is: 14 Tsar Osvoboditel Blvd. 1000 ,Sofia, Bulgaria. The phone number is: U. K. +44 203 026 6325. Email is: [email protected] and their Website is: https://www.stellarfinance.com