Stern Options was under our magnifying glass for some time. Now we are ready to deliver our full Stern Options review.
So what can one learn about Stern Options company? Well, not so much. We have found out that the website is owned by GUM Ltd. The headquarters of this firm is possibly located in Commonwealth of Dominica. Besides using this offshore address, the broker brings even more confusion when claiming that its official location is Glasgow, Scotland. Is Stern Options regulated? No, we did not see any evidence of regulation and license.
Stern Options Website Overview
It feels that the website is not running seamlessly, as it should. Different sections at SternOptions.com are inactive or work just from time to time. This issue is a reason for many negative Stern Options opinions. The broker should have polished everything before launching the website.
Stern Options Scam Trading Conditions
Stern Options binary broker gives the green light to trade approximately 180 assets using SpotOption platform. The asset types include currencies, commodities, stocks and indices. As for the types of binary trading, one can access: Binary Options, Pairs, FX/CFD, Turbo Options, One Touch, Ladder and Long Term. Due to the website issues, the platform is frequently experiencing lags.
In order to start using the platform, only a live account is allowed to be opened. Additionally, it is impossible to apply for any kind of demo account. This is quite upsetting to say the least in this Stern Options opinion.
Promotions at Stern Options
To increase customer base, new brokers tend to offer attractive trading bonuses. We did not find any Stern Option bonus or welcome package.
It is good when the trader can find everything in one place. By this we mean the opportunity to gain both binary education and actual trading. As for Stern Options broker, the user will unlikely find something useful in the “Trading Academy”. There no articles, no video tutorials. The only features that the broker offers here are Glossary, Asset Index and also 3 ebooks.
Stern Options also has “Demo Tour” feature that is supposed to help in website navigation, but it is currently disabled for some unknown reasons.
Scam Funds Management
Once the trading account is registered, Stern Options requires depositing $250 in order to access the trading platform. To fund the account, the trader can utilize credit or debit cards such as Visa, Delta, MasterCard, Diners, Visa Electron, Maestro, Maestro UK and Solo. The second payment method is wire transfers, but the minimum deposit here starts only with 500 USD.
To become eligible for funds withdrawal, it is required to upload necessary documents. Note that Stern Options scam charges for withdrawal: $15 – wire transfers, 3.5% – debit or credit card.
Stern Options Client Support
Client support can be contacted through email or phone. No live chat is currently supported. Many Stern Options reviews admit that the quality of customer support is below average.