Stern Options Broker Review 2023
Stern Options is a relatively new binary options broker that appeared on the financial market which implies that the services they provide are also fresh and interesting. But are they really?
This Stern Options review will go through all the important information a trader needs to know about a broker they might be considering investing with.
We will be reviewing Stern Options account options and diversity, as well as trading software features, customer support, and banking information.
Read the rest of the review to find out is Stern Options is the right broker for you.
Stern Options Broker Account Features Review
Probably the most important thing to mention right at the beginning of our Stern Options review is the fact that this broker doesn’t offer a Demo account. That is something that is very likely a huge deal to potential traders since they don’t have a chance to try out the platform or get accustomed to this broker. Also, not being able to test the broker platform before and actual deposit means that you have to invest first and potentially risk your money. Demo accounts are excellent for both expert traders and binary newbies. Demo account allows traders to get familiar with all the trading options and features. They usually come with a virtual amount of money which enables traders to place real trades without a need to spend their real investment. We hope that Stern Options will integrate demo account and help traders to practice before they start investing real money.
However, their education section seems rather elaborate. The drop-down menu on Stern Options platform reveals that this broker offers:
- Trading Academy
- Binary Options E-books
- Binary Options Asset Index
- Economic Calendar.
Training Academy is especially interesting seeing that it contains several in-depth courses, as well as video tutorials and e-books. We like the fact that broker featured so many educational materials which usually motivates traders to learn and educate themselves about binary options trading.
The range of returns is also an important factor for traders looking for prospective, new binary options brokers. For Stern Options returns range from 70-85% which would be the trading industry average. Their minimum deposit amount is also set at standard $250.