What should I do if I have forgotten my password?
How can I update my personal details?
You can update the information by going to My Account>Personal Details or by contacting us by email.
How can I contact you?
Our Support Team is ready to serve you Monday thru Friday, whatever your needs may be, 24 hours per day. Please feel free to get in touch via email (firstname.lastname@example.org), or by phone using the local telephone number that is most comfortable for you. To see the different options, please refer to our contact us page.
Should I install software?
No. Stern offers you a web-based trading platform which means that you can log in to your account and trade on any device with access to an Internet connection, without any software installation-related headaches.
Where can I view my transaction history?
Your entire deposit, withdrawal, and trading history can be viewed in the My Account section of this site. Just log in to your account and select the information you wish to view. If you need more assistance, please feel free to contact us.
Where can I view the precise trading hours of each asset?
A detailed list of all our available underlying assets with their description, expiry times, symbol and trading hours is available in the Asset Index page.
What is the time shown on this site?
The time is set at GMT +0 and it's synchronized with the market time.
Colors of the rates on the trading platform
Green indicates the rising of a price, and red indicates the falling of a price.
What is a binary option?
A binary option is a financial instrument that turns a profit for the investor if he or she makes a correct prediction about the direction the price of an underlying asset will have taken during a predetermined period of time. For example, if the price of gold is currently 1500, will it be higher or lower than that at 5:00 PM? If the trader makes the right prediction, he or she will receive the full payout of that option - usually 80% or more of the amount that was invested. When trading a binary option the trader never purchases or sells an asset but instead merely predicts the direction the price of that asset will take; the trade will be a success even if he or she was only right by a single pip. Binary options offer a more controlled way of trading, since the risk/reward tradeoff of each option is known from the outset.
What is an Underlying Asset?
A commodity, index, stock, currency pair or any other financial asset that constitutes the basis for creating an option. Its price movement's direction is what you are required to correctly predict in order to profit using binary options.
What is the maximum investment amount?
It is 2500 USD/GBP/EUR/AUD. The number is flexible though and can be altered for VIP accounts.
Open Account 6
How can I register?
Registering at Stern is extremely simple:
1. Click on “Accounts” in the main upper menu.
2. Fill in the mandatory details.
3. Submit the form.
Once finished, you will receive a welcome e-mail from Stern which will contain a verification link. Click on the link to finish the registration process by verifying your email address.
That's it! After that, your account at Stern will be set up and ready to go.
I have problems with the registration process. What should I do?
Our team is here for you and ready to help! Please feel free to contact us by email, phone, or through the Live Chat window at the bottom of the page. We walk you through registering your account.
Are payouts taxable?
Traders at Stern are responsible for their taxation liabilities, if any, at their place of residence. For more information, contact your Account Manager.
How secure is trading with you?
We take security very seriously here at Stern, and have deployed the best technology and internal processes to secure your data, your funds and our platform. We use SSL (Secure Sockets Layer) to encrypt all credit card payments made over the web. This system works automatically and doesn't require any effort on your part; should your browser not support it, you will be instantly notified about it.
Do I have to deposit money for registration?
No deposit and/or credit card details are required in order to register at Stern. However, you will have to deposit funds into your account when you decide to start trading.
What currency can I use for trading?
You can open an account in USD, GBP, AUD or EUR. Please note that once you have selected a currency to be associated to your account upon registration, you will not be able to change it.
What is the minimum deposit amount?
The minimum deposit is 250 USD/EUR/GBP/AUD.
What is the maximum deposit amount?
It depends on the deposit method:
1. Credit card – 20,000 USD/GBP/AUD/EUR
2. Wire – Unlimited
3. Skrill – 20,000 USD/GBP/AUD/EUR
Is there a minimum withdrawal amount?
No. The is no minimum withdrawal amount.
What is a Swift Code?
A SWIFT code is the unique identification code of a particular bank that is used when transferring money between banks. Your bank can tell you what your SWIFT code is. If the SWIFT code comprises only eight digits, you will have to add XXX at the end of it.
Can I cancel a withdrawal? How so?
Of course! Even while your withdrawal request is being processed, you can still cancel the transaction and return the money to your account. The withdrawal cancellation option is especially useful when you do not have sufficient funds in your account, but you wish to continue trading. You can cancel your withdrawal by simply contacting us by phone or email.
You can fund your account via wire transfer for amounts above USD 500. Please note that a commission of USD20 will be levied. Please make sure that the wire transfer details are exactly the same as the ones you are presented with in the deposit page, in the "Wire Transfer" tab, to make sure that your money reaches the proper destination. Once you have made the wire transfer, please email a copy of the wire transfer details to email@example.com. It may take up to 5 business days for the funds to appear in your Sternoptions account.
For any additional information or to get answers to any question you may have, please feel free to contact us at your convenience.
Which payment methods can I use?
In order to deposit, you can use your credit/debit card (Visa, MasterCard and Maestro), a wire transfer and some alternative payment methods (such as Skrill and more). You will be presented with the chance to select your preferred payment method during the deposit process.
What are the procedures for deposits and withdrawals?
Stern Options needs to verify your identity before we can activate your account and allow you to withdraw funds and profits from it. In order to verify your account, we kindly ask you to provide us with the following documentation, by sending it to firstname.lastname@example.org:
1. A copy of both sides of the credit card(s) you used to deposit funds in your Account. Please note: for your own protection, we strongly advise you to cover all the digits of your credit card number, leaving only the last four visible.
2. A copy of an official utility bill or bank statement in your name that is not older than 3 months and that was sent to you at your current address, which should match the address from your application.
3. A copy of either your driving license or your passport.
These measures are taken to obtain proof of identity, residence and ownership of the card(s), in compliance with credit card companies' requirements and international regulations as well.
What is a Call Option?
“Call” represents the “upwards” direction that a price may take. If you believe that the price of the underlying asset will rise between the time you begin a trade and the expiry of the option, then “call” is the button to click.
What is a Put Option?
Put represents the “downwards” direction that a price may take. If you believe that the price of the underlying asset will fall during the time between the beginning of your trade and the expiry of the option, then “put” is the button to click.
How can I make a trade?
Once you have deposited funds, you can make a trade by clicking on “call” if you believe that the price of the chosen asset will rise by expiry, or by clicking on “put” if you believe that the asset price will fall by the expiry time. You will then be asked the amount you wish to invest, and to approve the trade. The selection may be canceled by clicking on "X" at any time before the approval of the trade. Please note that the rate will keep updating in the investment box.
What return will I get in case of a successful investment?
Each Binary Option offered on Stern's platform has its own payout percentage, which is clearly displayed. Stern usually offers payouts that vary between 70% - 85% for traditional Binary Options, but you can trade some One Touch options for payouts as high as 550%. Traders should look for the investment opportunity that best suits their risk/return preferences and strategies. Stern offers an incredible variety of opportunities for everyone. VIP account holders can also ask for custom pricing and payout structures. For more information, contact us.
What are the rates displayed in the trading boxes?
Rates are the quoted prices of a Binary Option’s underlying assets. The rate is the price offered by Stern and it is based on live feeds. Please be aware that the rates offered by Stern are not always reflective of exact market prices. These are the prices at which Stern is willing to sell the options.
What is the expiration rate?
The expiry rate is the price of the underlying asset at the time of expiry according to our feed providers.
What is the expiration time?
The expiration time is the time and date which an option expires at.
Why do the rates continue to change before I make a decision?
The financial markets' fluctuations affect our automatic pricing engine, which displays rates in real-time.
For your convenience, Stern makes rate analysis as easy as possible by showing a blinking movement every time the price fluctuates. The color indicator is there to show you the direction of the price movement: green when the price goes upwards, red when it is going downwards.
Why am I unable to make a trade?
Unsuccessful trades are usually a result of insufficient funds available in your account, or if you are attempting to trade on an underlying asset outside of market trading hours. If neither of these reasons apply to your case, please contact us by mail at email@example.com, or by phone.