Stern Markets has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 0208 068 4733, 0208 068 1781, 0203 769 9876, 020 068 2975
Addresses: 5th and 6th Floors Landmark Building 14 Tsar Osvoboditel Blvd Sofia 1000 Bulgaria This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.sternoptions.com.
Stern Markets offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Market news feed|Multi-device support|Full transparency
Cons: Account statements could be more detailed|Website design could be more modern
I had high hopes for Stern Markets after hearing about them at a conference, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: No hidden fees|Good analytical tools
Cons: Search feature is basic
Opened my account with Stern Markets when my bank disappointed me and I searched for alternatives and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Multi-currency support|Tax reports included|Stable platform|Personal attention
Cons: Could offer more webinars|Wish they had more educational resources