Binary options mixed reviews

Posted: velltar Date: 27.05.2017

The information about this brokerage is mixed and rather uncertain. According to their website, Stern Options is owned and operated by BP1 LP, located at 5th and 6th Floors, Landmark Bulding, 14 Tsar Osvoboditel Blvd. According to other sources, the owning company of Stern Options is GUM Ltd.

Other sources list the owning company as BP1 LP, with address Bath Street, Glasgow, G2 4JR, Scotland. I have no idea which is the real one, so take your pick! There are warning bells all over here. Their Terms and Conditions say they are is owned and operated by BP1 LP, located at 5th and 6th Floors, Landmark Bulding, 14 Tsar Osvoboditel Blvd.

This is also the address of other 4, companies! Trading Binary Options with a non-regulated broker carries risk. It is highly recommended to Start trading a Regulated broker!

Right from the start I could tell that Stern Options is a broker with the same characteristics of most SpotOption operators: If I were to listed to them I should end my review here and conclude they are the best brokerage on the planet.

Obviously, I am not going to do that! I asked a live support representative to direct me to a page that contains the details of each account type and… surprise: I was asked if I have an account with them.

Ok, then she asked me my full name, email address and phone number. All of this just to know what are my account choices. But I went with it and I gave her my [phony] information and I was expecting an answer to my question… finally.

Maybe in the future I will change my answer but for that to happen, Stern Options need to put in a lot of work. Check out our recommended binary options brokers. The fact that they were launched just a few months ago may be the reason for the lack of complaints so we will update this review if necessary.

The exact amount of the bonus is not specified but their Terms and Conditions stipulate that you will have to reach a turnover of 27 times the bonus before you can withdraw. Why 27 times and not 30 or 25? Your guess is as good as mine…. There is no minimum withdrawal amount and the methods are credit cards, wire transfers and Skrill. The duration of withdrawals is usually 7 business days and some identification documents are required, in order to comply with Anti Money Laundering rules.

They have an Economic Calendar. While browsing their website, some text switched to German while the rest of the page remained in English — again, not very friendly.

On the other hand, the SpotOption platform is well-known for its ease of use. They offer 12 currency pairs, 19 stocks, 7 commodities and 19 indices. Compared to other brokers, this is a thin asset basket and on top of that, not all assets listed in their Asset Index were available on the trading platform even if the underlying market was open at the time.

The expiries range from extremely fast 60, 90, , and seconds to 15 minutes, half an hour and hourly and long term.

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There are no commissions for opening an account this is common for all brokers but there are some fees for withdrawals: Deposits via wire transfer above USD will incur a 20 USD fee. Live Support was just a waste of time and totally unhelpful. Withdrawals can be made via the same method used for deposit. Identification documents are required, as well as a Voice Signature.

For the latter identification method, you will need to contact your account manager. The bonus turnover is 27 times. This broker is rated average among our members and staff. Start your trading career with a Top Rated Broker Now!

Have had a bad experience with stern binary options. Cannot withdraw any money from these people. After a month of trading — only trades with accounts manager I decided to no longer trade with them due to personnel reasons and thats when things got difficult.

To this day money has not been returned. No email trial communication only persistent phone calls — hard line tactics to stay with stern Bad experience due to my lake of knowledge on how this works. I too am having a similar experience, having been almost bullied into depositing a similar amount through pressure sales techniques I realised I had made a mistake and tried to take back my money.

It seems they will not make it easy ,I am not even getting the phone calls and as Paula says ,bad judgment through lack of knowledge. I have no intention to continue trading and am still trying to work out how to recover my money and close the account. Do not give them any money. They are owned by GUM LTD and they are on the list of scam companies. YOU HAVE BEEN WARNED. As soon as I wanted to withdraw my money they lost it all within the next hour.

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Something is very wrong there. Many alarm bells but it was too late. I deposited money, but aftr the verification process there were no replies anymore. I just want my money back, havent done any trading since they told me to wait for a call. But 2 days already theres no update. This is what people get in hoping to somehow make more money. Be aware look at all mails carefully even in spam they apply bonus payments to your account with minimum or no notification. If the bonus ends up on your account they will not refund your money until you have 27 times the bonus in your account.

Then a trader from the trading room will tell you he can get to the required amount in a couple of days. You then start to lose money at a day. Check your account has been verified credit card with last 4 numbers, back of card security code blanked and a bill as proof of residence.

Then go to web site and withdraw all your money. Check there is no bonus on your account. I believe there is another problems raised from Binary Options. There are persons out there who are offering great rewards and taking you to a broker.

These people are getting paid for this introduction and now punters are aware of the scam. I have told them they have been scammed but some do not believe me and continue to contact me. Has anybody out there had this problem. Started trading with Steroptions a week ago.

Only thing they want me to do is invest more and more. When I could not invest anymore they were not interested in me and my income anymore.

Forget income, they are not bothered about my SGD I poured in. Is there any way to take money back from them. For question regarding brokers — Please use our Forums. Hylton Glass on BigOption. Banc De Binary StockPair VIPBinary Bloombex Options Have you ever attended a binary options webinar?

binary options mixed reviews

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