Introduction

Stellar Finance is a brokerage firm that has made a name for itself in the world of binary options trading. The company has been in operation since 2016 and offers a wide range of assets for trading, including commodities, indices, stocks, and currencies. This article aims to provide an objective review of Stellar Finance, highlighting its features, strengths, and areas of concern.

Platform and Trading Features

Trading Platform

Stellar Finance uses the SpotOption trading platform, which is a popular choice among binary options brokers. The platform is user-friendly and straightforward, making it suitable for both beginners and experienced traders. It offers a variety of trading options, including High/Low, One Touch, Long Term, Ladder, Pairs, and 60 seconds.

Assets Available for Trading

Stellar Finance offers a wide range of assets for trading. This includes over 100 stocks, a variety of commodities, numerous indices, and several currency pairs. This wide range of assets provides traders with plenty of opportunities to diversify their trading portfolio.

Account Types

Stellar Finance offers five different account types: Basic, Silver, Gold, Platinum, and Corporate. Each account type comes with its own set of features and benefits. The minimum deposit requirement ranges from $250 for the Basic account to $50,000 for the Corporate account.

Customer Service and Support

Stellar Finance provides customer support via phone, email, and live chat. The support team is available 24/7 and is known for its prompt and helpful responses. However, there have been some complaints about the quality of customer service, with some clients reporting difficulty in reaching the support team.

Regulation and Security

One area of concern with Stellar Finance is its lack of regulation. The company is not regulated by any recognized financial authority, which raises questions about its credibility and security. This lack of regulation means that traders do not have any legal protection should the broker engage in any fraudulent activities.

In terms of security, Stellar Finance uses SSL encryption to protect the personal and financial information of its clients. However, the lack of regulation still raises concerns about the overall security of the platform.

Withdrawal and Deposit Methods

Stellar Finance offers several methods for depositing and withdrawing funds, including credit/debit cards, wire transfer, and e-wallets such as Neteller and Skrill. However, there have been complaints about the withdrawal process, with some clients reporting delays and difficulties in withdrawing their funds.

Conclusion

In conclusion, while Stellar Finance offers a user-friendly platform and a wide range of assets for trading, the lack of regulation is a significant concern. The reported issues with customer service and withdrawals also raise questions about the broker’s reliability. Therefore, traders considering Stellar Finance should proceed with caution and ensure they fully understand the risks involved.