Option Stars Review
Open an Account
|Headquarters||60 Regaena Street, 3rd Floor, Nicosia, Cyprus|
|Support Number||+44 203 807 0034|
|Support Types||Phone, Live Chat, E-mail|
|Languages||English, German, Italian, Russian, Spanish, Arabic, French|
|Minimum Trade Amount||$10|
|Maximum Trade Amount||$1,000|
|Free Demo Account|
|Deposit Methods||Visa, Master Card, Skrill, Paysafe card, Neteller, Maestro, Diners club, PostePay, Bank Transfer|
|Withdrawal Methods||Credit card, money transfer|
|Expiry Times||From 60 seconds to several days.|
|Types of Assets||Currencies, Commodities, Indices, Stocks|
|Account Currency||EUR, USD, GBP, AUD, CAD|
|US Traders Allowed|
Managed by Novox Capital Ltd and sternly overseen by CySEC, OptionStars is a Cyprus Investment Firm, specialized in binary options trading. Its team of financial experts and innovative programmers have devoted themselves to the creation of a state-of-the-art, trading platform that meets even the most capricious requirements of its highly respected clients. The platform is based on responsibility, safety, and reliability of trading. OptionStars’ superbly crafted website is in English, Italian, German, French, Russian, Arabic, and Spanish.
OptionStars offers an assortment of three different trading accounts. Users who wish to trade via a Bronze account need to first fund it with $1,000. In order to initiate trading through a Silver account, traders should deposit a minimum amount of $5,000. The broker has developed a Gold account for its elite investors. The minimum deposit to launch this account is $10,000.
Deposit and Withdrawal Options
Unlike the majority of companies, engaged in binary trading, OptionStars does not urge new users to deposit anything whatsoever to be able to open an account. By permitting this, novice traders have the chance to explore in detail what the company is offering before they initiate anything. Nonetheless, to commence trading, depositing funds is of course necessary.
For deposits, OptionStars’ members can make use of PostePay, Maestro, VISA, Skrill, MasterCard, Paysafe Card, Diners club, Neteller, and Bank Transfer. The methods for withdrawing are only bank wires and credit card withdrawals. The minimum amount for opening an account is set at 250 currency units. Withdrawal requests go hand in hand with a fee of 30 currency units (for credit cards) and 100 units for bank wires.
Users can put their deposits in one of the supported currencies – Australian dollars, Euros, Canadian dollars, British pounds, and American dollars. No alterations can be introduced after a member has selected its currency, though.
A unique feature of OptionStars’ trading platform is its “Knock-In” option which is with predetermined time of expiry where an investor envisages whether the lower or upper price targets (or barriers) of a certain asset will be hit first. The payouts through this option are up to 167%. The short-term option at this broker is the “Turbo” option. The “Touch” option may yield payouts of up to 220%. The other trading options at OptionStars are “Range’, “One Touch”, and “Digital” (up to 167% returns). All four underlying assets – stocks, currencies, indices, and commodities – are accessible for trading.
The education center at OlympTrade is very extensive and tailored to the ongoing success of all clients. Binary videos for both elite traders and newcomers are provided through the video academy. A digital book, including a glossary with terms and concepts, is available to registered users. In addition, there are courses in economics and advanced courses in winning tactics, as well as technical analysis. An FAQ section is also accessible for any other issues that may arise in regards to binaries.
OptionStars’ dedicated team is committed to tackling every customer issue with professional care, attentiveness, and swiftness. Contacting customer service can be done through one telephone line, live chat, and e-mail support. There is a web form too.
The Bronze account’s perk are market reviews received weekly as well as an introductory video course and one trading strategy. Silver account holders are entitled to daily and weekly reviews of the market, introductory and advanced video trainings, 3 trading strategies, and a senior account manager. The Gold account is eligible for a number of bonuses. Besides introduction and advanced video courses, daily and weekly market reviews, they also get 5 trading strategies, same-day withdrawals, one-on-one trading sessions once per week, and a dedicated account manager.Open an Account