OptionStars Broker Review

By | April 9, 2017

OptionStars Broker Review | Overview

OptionsStars is a broker that besides trading binary options also offer forex trading. It is a premium binary options broker that is relatively new in the industry but it is establishing itself as a trustful broker with wide range of tradeable assets and dedicated customer support service. They boast their web site and trading platform being stable, reliable and secure. OptionStars is regulated by CySEC. We used their platform for some time and checked if everything stated above is true. So we bring you this comprehensive OptionStars broker review.

As always in Options Reviews we look into key characteristics of every broker’s offer. Check what we found about OptionStars:

Regulated or Non-Regulated Broker: Regulated by CySEC

Maximum Returns: up to 85%

Minimum Deposit: 250$

Transparency with Pricing and Payout: Withdrawal is done in 5 business days

Banking Options (Cards, eWallets&Wires): Credit card, debit card, wire transfer, Neteller and Skrill

Range of Assets Available for Trading: over 220 assets

Software Platform: Tradologic

Customer Service: 24 hours a day, 5 days a week.

Best Trading Features: Support for many languages: English, Spanish, French, Russian, German, Italian and Arabic

Excluded Countries: USA

Binary Brokers Bonuses: Up to 100%, *bonus terms and conditions apply

Supported Currencies: USD, GBP, EUR, CAD, AUD.

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OptionStars Broker Review | Introduction

OptionStars brokerage is owned by Novox Capital Ltd Company. It is based in Cyprus and thus regulated by Cyprus Securities and Exchange Commission. Broker is registered with CySEC under number 224/14. They offer wide variety of trading assets. That includes currency pairs, indices, stocks and commodities (gold, oil etc.). Their services are offered for all traders but those from United States. Demo account is available.

They offer most popular types of trade: high/low, one touch, 60 seconds, long term, pair options and ladder options. Early close is allowed and there are short and long term expiry times available. OptionStars has created Trading Academy. This is a great educational center that has substantial amount of educational materials for traders. Trading Academy is of course available only to traders registered with OptionStars. The learning resources include everything from webinars, video courses, e-books, market reviews and trading sessions with a personal account manager. This helps new traders acquire fundamental trading strategies, while experienced market investors can learn more advanced trading techniques and methods to use.

OptionStars Broker Review | Account Types

OptionStars offers three different account types. Each of them asks for minimum deposit. Investing more money takes traders to a higher account type. Account types are name bronze, silver and gold account. Of course account types also dictate how much privilege traders get from the broker. You can see their minimum required deposit amounts and benefits below.

Bronze Account

The minimum deposit starts with $1,000 and goes up to $4999

Market review on a weekly basis

Video training lessons for beginners

Silver Account

The minimum deposit starts with $5,000 up to $9999

Market reviews on a daily basis

Trading strategies (3)

Binary options senior account manager

Video training lessons for beginners

Advanced video training lessons

Gold Account

$10,000 minimum deposit

Market reviews on a daily basis

Market reviews on a weekly basis

A total of 5 trading strategies

Binary options senior account manager

Video beginner and advanced training lessons

One on one live trading sessions

Withdrawals within the same day

OptionStars Broker Review

OptionStars Broker Review | Bonus

Bonus is one of most important factors considered when traders are choosing a new broker. Every broker offer bonus to new traders usually depending on the size of their initial deposit. OptionStars has very generous bonus policy. First-time deposits are matched 100% – that is a great deal!

There are two other promotional bonuses available – the Pending Cash Bonus and the Proportional Bonus. With Pending Cash Bonus, traders execute a pre-defined trade volume, upon which, withdrawable cash is added to their account. The Proportional Bonus is a specific amount added to the clients account balance, where for every subsequent trade the amount used from the cash money and the amount used from the bonus money is in direct proportion to the deposit and the bonus given.

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OptionStar Broker Review | Assets and Types of Trading

OptionStars uses trading platform Tradologic that is widely known in the world of binary options trading. When it comes to software solutions in the financial services industry Tradologic is one of most reputable software development companies. The platform is simple and user friendly. Great feature is platform’s mobile version that is compatible with all operational systems and screen sizes.

OptionStars’ trading platform offers the vast asset index of leading currencies, commodities, indices and stocks, but also the wide variety of options users can trade. Digital, Range, Touch Up/Down, Turbo, One Touch, Advanced and 5 Ticks binary options, along with traditional FOREX are all available for traders to choose from, providing for an exciting experience. Pay-out rates on successful trades can climb up to 85%.

OptionStars Broker Review | Deposits and Withdrawals

OptionStars requires a minimum deposit amount of $250 for clients to start trading. In order to create an account users simply click on the free account tab and enter their personal details. Once the account is created, traders can get on with funding their account. The platform offers a wide range of payment methods, including most leading credit and debit cards, bank wire transfers or popular e-wallets Neteller and Skrill.

Upon requesting a withdrawal from OptionStars, users are advised to send compliance documents along with their deposits to speed up the withdrawal and verification processes. Compliance documents consist of a copy of the credit card clients have used to make the deposit, a government issued photo ID and a copy of a bank statement or a utility bill that provides the user’s name and address. These documents are necessary in order to comply with the anti-money laundering regulations put into practice.

Depending on the type of account the users has chosen, several withdrawal methods are available on the site, some of which come with a fee. First-time withdrawal requests from all account types are processed for free, while all gold accounts come with one free withdrawal per month.

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OptionStars Broker Review | Customer Service

OptionStars boasts great customer service that provides support to traders around the clock. We checked this and in our experience they seem to be very professional and able to solve technical difficulties very quickly. The customer support can be reached via email, live chat and an online form which is displayed on their website.Live chat is the most convenient form for the majority of traders. It proved to be the most efficient. The OptionStars website is available in seven languages. Those are English, Spanish, French, Russian, German, Italian, and Arabic.

OptionStars Broker Review | Summary

After we tested their services we can conclude OptionStars is a great broker. They are very professional, have generous bonus policy, great customer service and reliable trading platform. Only serious disadvantage is that they don’t accept USA traders.

Broker is regulated by CySEC and proves to be very reliable when it comes to money deposit and withdrawal. OptionStars uses SSL encryption of course to provide the highest level of security of its customers and their funds. Instruction on how to keep your account safe from hackers is also provided.

Our trading experience with OptionStars was satisfactory, we haven’t notices any special problems while using their platform. We would be happier if they could cut down few days on withdrawal period, but money is always safe and that is most important. We recommend this broker, especially to those traders that are ready to invest more money in trading binary options. If you wish to start trading feel free to click on the button below. Registration is free.

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