Stern Options is an unlicensed binary options broker which opened in August 2016. Stern Options is owned by BP1 LP, 5th and 6th Floors, Landmark Bulding, 14 Tsar Osvoboditel Blvd., Sofia, 1000, Bulgaria.
Phone number in United Kingdom: +44 800 086 9172 and Switzerland +41 (43) 508-6306. Customer support email address is: [email protected]. Official Website: https://www.sternoptions.com/
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Stern Options Review
Investors reviewing the broker Stern Options will notice that they are using the new version of the SpotOption trading software which includes “Limit Options”. Investors have a nice variety of binary option types to trade with including; Binary (HighLow), Pairs, Long Term Options, 60 Second and 5 Minute Options, One Touch and Ladder. You can also trading Currencies with CFD trading. Returns on standard options are in the 70% – 85% range, and when you choose Ladder Options, then returns can go as high as 500%.
Their website is available in German, Arabic and English. They have one of the largest German customer service desks from any broker. Soon their mobile apps for Android & iOS will be available. Minimum deposit for new accounts at Stern is $250.
Stern Options License
When serious binary options traders compare the brokers available, one comparison metric is the presence of a license. The most popular global regulators of binary option brokers are CySEC, BaFIN, and FSB.
When we reviewed Stern Options, we did not find a license on their site.
If you are interested in trading with a licensed broker then you can choose one of the European Licensed Brokers.
Compare Stern Options
You have more than 200 binary options brokers to choose from, but here are a couple popular ones.
HighLow is the largest binary options broker that is licensed and regulated in Australia by ASIC. HighLow gives you a free demo account, and their minimum deposit requirement for a new trading account is only $50. Learn more at: HighLow.net.