OptionStars

OptionStars Review

OptionStars is a premium trading platform operator, specializing in forex and binary options trading for end-users. Although relatively new in the industry, OptionStars is establishing itself as a leading, trustful brokerage with its stable, reliable and secure web-based solution, wide range of tradable assets, dedicated customer support team and client-orientated approach. Regulated by CySEC (the Cyprus Securities and Exchange Commission), OptionStars abides to the highest regulatory standards to guarantee outstanding client protection.

Trading Platform

OptionStars’ platform comes from Tradologic – one the most reputable software development companies, when it comes to software solutions in the financial services industry. The simple and easy-to-use, yet elegant user interface is backed by cutting-edge technology, making up for effortless performance, which is seamlessly transferred to the platform’s mobile version, compatible with all operational systems and screen sizes. OptionStars employs security measures for data encryption standard across the banking sector to fully safeguard all personal information and transactions.

Education

With user experience and satisfaction in mind, OptionStars has created its Trading Academy with a substantial amount of educational materials for traders to access and stay up-to-date with the latest market trends. The learning resources include everything from webinars, video courses, e-books, market reviews and trading sessions with a personal account manager. This helps novice traders acquire fundamental trading strategies, while experienced market investors can learn more advanced trading techniques and methods to use in their inventory.

Features

OptionStars appeals highly not only with the vast asset index of leading currencies, commodities, indices and stocks it offers, but also with 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 of 80% are highly competitive, while all deposit and withdrawal requests are handled promptly after a simple account and identity verification process.

Customer Service

The brokerage continues to score high with great customer service to support users around the clock via e-mail, live-chat and telephone, whenever they need assistance. Technical issues are dealt with swiftly and professionally, while dedicated account managers are always there to offer help and insight for clients - personal approach and user convenience seem to be at the top of OptionsStars’ priorities. There are also 3 levels of user membership/account types to suit every trader’s needs, level of experience and investment.

Bonuses

OptionStars offers a number of generous bonuses to enhance every user’s experience. First-time deposits are matched 100% by the brokerage up to $xxxx – that’s as good of a deal as ever and as close to risk-free investment as possible. 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. Users may also be offered “lower-risk trade” or “protected trade” for a specific number of trades as a bonus after they fund their account, thus lowering the investment risk. With all of that said, it’s easy to see why OptionStars is attractive to end-users – the bonuses are just too good to skip on.

Deposits

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.

Withdrawals

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. The platinum and diamond accounts come with free withdrawals at all times.

Terms

In order to execute trades at OptionStars users need to be at least 18-years old. As mentioned, the minimum deposit amount for an account on the site is $250 - once the account is created users can choose from a number of payment methods to suit their preferences.