Stern Options was an unlicensed binary options broker that opened in July 2016, and is now closed.
SternOptions was owned by BP1 LP, which is located at: 5th and 6th Floors, Landmark Building, 14 Tsar Osvoboditel Blvd., Sofia, Bulgaria. Phone number in the United Kingdom: +44 800 086 9172, and email address is [email protected].
Complaints about brokers can be read here.
Scam Trading Robots
Stern Options Review
Stern Options just like many other binary option broker is using the SpotOption trading software. Investors can trading a variety of option types including; High Speed Trading, Pairs, One Touch, High Low and CFD’s on Forex. There are over 180 assets available, include all popular Forex pairs, commodities, metals, market indexes and stocks.
The minimum trade size ranges from $5 to $25, depending on the type of option. Minimum deposit for a new account is $250.
NO License & Regulation
When the Scam Broker Investigator reviews and compares a binary options brokers, we check for a local license to see if they are a scam or a real broker. Most licensed broker are licensed by CySEC in Europe or from ASIC in Australia.
Stern Options is not a licensed broker. FCA WARNING! Stern Options is not authorised by the FCA, but has been targeting people in the UK, continue reading.
We only recommend that you trade with a licensed binary options broker. For an updated list of the most popular brokers among traders, look here.
Australia ASIC Warning!
“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence.”
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