Broker Review Stern Options

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Stern Options Reviews

22 • Poor

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Reviews 22

Finally I can share my experience with…

Finally I can share my experience with the world. I have been able to retrieve all my lost funds of about $180k,which I never believed I would get again from an Stern Options broker who stocked my trading capital for over 3 months now, and denied my access to my trading account. I’m so glad that I have gotten back all my funds back without stress. All thanks to my neighbor who introduced me to a certified binary options recovery expert group.

Have you lost money to Forex Trading? Binary Options? Cryptocurrency? Do you have funds that you wish to withdraw from your account? is your Broker manager asking you to make more deposit before you can place a withdrawal, are you confused and you don’t know how to go about it? feel free to contact the recovery experts at “financewatchdog,org”.

I used for my…

I used for my money recover from scammers

I lost and recovered with FInancialworthrecovery

After reading reviews here, Sterns Option are Total Rippers.
I was Totally ruined by this scamming investment brokers, Investing and depositing money was never a problem, it is as easy as drinking water, i was able to get an initial withdrawal of $1500 which was actually peanuts to what i invested, the did see my wallet rise up and it did give me a sign of relief, Time came for Withdrawal, i as made to want to invest more which i politely declined, for weeks i waited i didn’t hear from the lady i used to communicate with over the phone.
Then i when looking for recovery agents , when i came across Mrs Lindsay of [email protected],com , they had a tailored solutions for my problem , the only delay was from me providing payment evidence, it took me about a week but there amazing team as able to recover all i lost to this brokers.

They have an expert team waiting with tailored solution for your losses , if you would also like somebody else to take care of the case & handle everything for you then it would wise to enlist a professional company that specializes in this sort of thing – especially if you don’t really feel too confident in tackling it yourself. [email protected],com.


Unreliable and aggressive employees who (after a very friendly start) try to convince you to invest more money every time. You will never get your money back. Stay away.

Recovery is fake here, ask only police for help

Have been working with a very persuasive broker from Stern Options called Clive Burton. I foolishly let him persuade me to hand over my pension lump sum of over £42,000. He managed to lose nearly the whole lot. Promised me the earth. Said we would make £100k this month. While he was away for a short period I traded with £6000 that was still in my account. I didn’t do well but had a hit rate of 53%. His and their hit rate was 8.3% on their new platform. Basically the last 12 trades he got one right. The last trade he got wrong which lost the last penny from £11,500. He then tried to persuade me to take out a £20k loan which would be favourable through someone he knows to try and make the money back. Not much I can do apart from spread the message as far as possible and as loud as possible.

Please copy and paste and post this to avoid other people losing their lives. I will start the post on FB, Twitter, Instagram and LinkedIN plus a bit on Google etc. Please do the same for me. I want everyone to know to avoid them and brokers like him.

Best Binary Options Brokers 2020:
  • Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
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  • Binomo

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Only fraud action squad police department saved my situation. I gave them all the documents possible with every evidence. They found their real location and names. I will soon witness against them in the court.

Actually they already working on getting all my funds back, not making not some fraudulent recovery, but a verified official documented chargeback processing operation, and my Skandia Bank has already approved my money return operation. I am quite happy that at least UK Police can help in such situations.

They work internationally so be free to contact them over governmental e-mail – contact(at)fraudpolice(dot)co(dot)uk

7 Binary Options

UPDATE (16.08.2020):

Stern Options has shut down their operations.

We recommend choosing one of our top binary option brokers instead:

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Try also Binary Option Robot if you are looking for automated binary trading.

Old Review:

The binary options industry was born in 2008 on the floor of the Chicago Board Options Exchange, and since then hundreds of brokerages have come and gone. In this business, there is no room for incompetents and scammers.

We recognize Stern Options as one of the industry’s leaders. Here are just some of the reasons why we think they deserve this kind of respect.

Basic information:

Online since: 2020
Software: SpotOptions
Max Returns: 94%
Minimum Deposit: $250
Minimum Investment: $25
Maximum Investment: Unlimited
Currencies: USD, EUR, GBP
Mobile: Yes
Countries: All including USA

  • Accounts tailored to each customer
  • No investment limit
  • Quick and simple withdraw process
  • Doesn’t accept the traders from the US

7 Binary Options Rating:

Trading Platform

It’s no secret that Stern Options broker offers a world-class trading experience. Whilst they boast brilliant educational resources and customer service, Stern’s reputation for excellence comes down to its world-class trading platform.

Offering unparalleled trading opportunities and types to suit any trader regardless of preference, it’s no wonder that Stern is the ‘world’s most acclaimed binary options trading environment’. The visual character of the trading platform has been well designed with every age-group of a user in mind. So it is not composed of loud colors and superfluous imagery.

The menus are neatly laid out in a clear typeface, and are set in sensible contrasting backgrounds so that the user can see everything sharply and clearly labeled. Charts and graphs are real-time live feeds from the world’s financial markets. Stern Options trading platform really has it finger on the technological button. There is a lot of peace of mind that comes with using this quality web platform.



The Stern Options menu of assets available to trade binary options contracts includes the most comprehensive variety of the world’s Stocks, Currencies and Commodities as well as the world’s main financial market indexes.

Sign Up

Signing up to an account with Stern Options is routinely done online or by phone. The minimum deposit is 250 USD/EUR/GBP/AUD. Stern Options are very strict about compliance with the law and regulatory requirements for the administration of account in the financial services sector.

With the aim being to prevent fraud, money laundering, and the funding of criminal activities such as illegal narcotics and the funding of terrorist activities, for instance. If you do not comply with these requirements, Stern Options reserve the right to suspend business with you and perhaps refuse to pay the money you have invested with them until due process of law.

Therefore, just like when you open a bank account, in order to validate that your account is compliant with the law you are required to submit copies of the following documentation:

  1. A completed and signed Declaration of Deposits (DOD) which the company will issue.
  2. A scan/photo of proof of address (a bank statement or utility bill that clearly states your current address).A scan/photo of your ID (driver’s license or passport).
  3. A scan/photo of any credit/debit cards you’ve used to fund your account.
  4. A voice signature (you must contact your assigned Account Manager to complete this step).
  5. A completed withdrawal form.

Banking & Deposits/Withdrawals

Banking with Stern Options is about as easy as they come. There are a number of different deposit and withdrawal options that you can use when trading with Stern.

They offer all of the regular ones such as:

Stern Options only use the most reputable banks in Europe and has significant on Barclays and Deutsche Bank amongst others. This is yet another reason you can feel safe with Stern Options. So you can feel confident that you can get your money, Stern clients can access the withdrawal request facility online. Withdrawals are typically processed within five business days.

Types of Accounts

Stern Options do not limit their resources but believe in extending a tailored service to suit the needs of all clients. For this reason you don’t find a menu of different account types on Stern’s website as you will on most other companies’ websites. Instead, you will receive the service you deserve to help you to success.

Generally speaking, beginners and those smaller investors each receive a standard account. There are no limiting features and you can enjoy all the facilities the wealthiest account holders enjoy. However, as you become more and more successful Stern will assign a dedicated financial analyst to you, who can help you reach even greater levels of success.


Stern makes bonuses available, with the amounts on offer ranging from 500 USD/EUR/GBP/AUD and upwards. Client’s accepting bonuses are required to trade the equivalent of 27 times the amount of the bonus before being able to make withdrawals from the profits derived from it. This is very much the industry standard paradigm for bonus structures.

Learning Tools

Stern Options is well-renowned a pioneer in providing its clients with the best chances for success, and to make this possible they make sure everyone has free-to-use online access to their training academy. Offering unparalleled educational material which is didactic and configured to all levels of experience, from the beginner to the veteran, the learning materials are available for use 24/7 which makes it simple and easy to learn about the theory and practice of making profits from binary options.

Offering a vast array of educational courses that will turn even the most inexperienced trader into a binary options expert, Stern Academy certainly hasn’t compromised on the quality of their resources. Here are just a few of the courses you can expect to receive:

  • Introduction materials – the perfect way to get started, Stern’s 15 easily-understandable introduction videos will give every trader the best start they need to begin trading.
  • Binary strategies– every successful trader will know how important strategies are when trading in binary options. This course will provide a variety of strategies suitable for a wide range of abilities, meaning you’re guaranteed to find something that will suit you here regardless of your experience.
  • Platform tutorials– for a brand new trader, the first look at a complex trading platform can be quite intimidating. However, this course is bursting with user-friendly tools you can use when trading to maximize success, as well as a detailed explanation of all components featured on Stern’s expert trading platform.
  • Platform introduction video– an ideal accompaniment to their platform tutorials, you’ll be shown first-hand exactly how to implement everything you’ve learned so far.
  • Economics– the perfect introduction to the world of economics, this comprehensive course will educate you on everything you need to know about the relationship between capital markets and our global economy.
  • eBooks – Expertly crafted to accompany all of Stern’s brilliant courses, their binary options eBooks offer the opportunity for your questions to be answered. Also providing a useful reference you can go back to at any time, the eBooks available at the Stern Academy are simply second-to-none and will become a true asset to your entire trading experience moving forward.


Stern clients are invited to attend regular and ad-hoc webinars which are produced to make sure their clients are up-to-date and properly informed of events taking shape in the world financial markets.

A webinar is internet based video show in which a senior financial analyst tell about important imminent and pending events that pose great opportunities for traders to invest in binary options trades and make profits from the movement of prices. We recommend that you sign-up for Stern’s webinars.

Return on Investment

Profit margins are always fixed at the moment of contract. The amount as a proportion of the sum placed on the asset is always in the range of 70% to 80% and upwards, with some species of contract giving between 200% and 400%. Lots of scopes, therefore, to reach your goals in creating an income from binary options.

Customer Service

Stern Options’ customer support team is multilingual, which is a must for a globally active company. They can be contacted by phone, email, and online chat 24/7.

Stern Options are one of the few companies who invest in mass-media presence with a daily market report that is available on their blog site as well as YouTube. It is as good as the best in the world.

Concluding Comment

We took a close look at Stern Options because their reputation in the industry is very popular. You only have to look at some of the websites which are directly concerned with Stern Options reviews to be able to see how popular they are. We must conclude we the evidence and this definitely is a company who deserve praise for their commitment to service and technical professionalism.

If you don’t check for yourself right now and visit their website, you certainly will be missing a proper chance to succeed in binary options trading.

Additional information

Customer Service: Live Chat/ Phone/ Contact Form/ E-mail
Languages: English, German and Arabic
Trading Options: High / Low, One Touch, 60seconds, Long Term, Boundary, Ladder Options
Assets: Currencies, Stocks, Indices, Commodities
Expiry Times: 60 sec, 2min, 15 min, 30 min, 1 hr, End of Day, End of Week
Deposits and Withdrawals: VISA, Master Card, Maestro, Bank Wire, CashU, Skrill MoneyBookers
Withdrawal Time: 7 business days
Demo account: Yes

Stern Options Review – Is it scam or safe?

Basic Information

Minimum deposit Min./ Max. bet size Payout % Platform Regulation
$250 $25/$15,000 Up to 500% (70-85% on most) SpotOption No

Stern Options is a very shady binary options provider. At the time of writing of this review, one can’t open an account with the company. Furthermore their entire website is totally unstructured, features contradictory trading conditions and even has advertisement for other binary brokers.

The Company. Security of Funds

Company Country Regulation
BP1 LP UK, Bulgaria N/A

Stern Options probably gained much of its popularity when New Zealand’s watchdog, the Financial Markets Authority (FMA) issued a warning against them. The cause for it is the fact they had received complaints, due to cold-calling. This aggressive tactic is generally seen as a negative by regulators, especially when done by unregulated companies.

The company behind Stern Options is is BP1 LP, which is registered in the United Kingdom. According to the FMA, Stern Options is being run out of Sofia, Bulgaria. That being said they don not fall under UK, Bulgarian or any regulation.

There are a lot of negative comments by users of the company. The most frequent claim is that they can’t withdraw their funds. This is probably the most serious risk, when dealing with an unregulated company – them simply refusing to pay you.

Trading Conditions

Trading Options: Call/Put, 60 second, Long term, Pairs, One touch, Ladder, Spot Follow, Limits

Assets: Currencies, Stocks, Indices, Commodities

Minimum Initial Deposit

The minimum staring deposit at Stern Options is $250. This is quite high In today’s environment. For instance, FinaCom-regulated Grand Capital, requires only $10.

Stern options requires a $25 minimum bet size. This is quite high and limits the risk management posibilities. Smaller levels are awlays preferable, like the one provided by Grand Capital, where you can risk only $1 per option.

The payout for binary options is typically in the 70%t to 85%, at Stern Options. With the more exotic ones, you can increase the payout up to 500%, although that would obviously entail a less-likely to materialize prediction.

Trading Platform

Stern Options offers the popular web-based platform, SpotOption. It is fairly intuitive (as most binary ones are). Here is a preview:

You can easily switch the tabs on top to view the different the different types of options. Some of them may appear to be complicated for beginners, so proceed with caution.

Stern Options do not have any bonus offers at the time of writing of this review.

Methods of Payment

Payments at Stern Options can be made through several methods, which include Wire transfer Credit/Debit Cards and Skrill.


Stern Options is an unregulated binary options broker. The company has a negative reputation, with lots of complaints by angry customers. Sten apparently also applies cold-calling, as the company has been warned against by financial regulators in New Zealand. While the platform, which Stern Options provides is nice, there are many other companies who also do. Here is a summary of everything you need to know about Stern Options:

Pros Cons
SpotOption platform available Not regulated
Bad reputation among users
FMA warning against the company
No demo accounts
Poor presentation of trading conditions
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Best Binary Options Brokers 2020:
  • Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo

    2nd in our ranking!

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