Review of the Stars Binary broker
Stars Binary is a recent Russian broker that joins the list of operators available for Italian users. This review should hopefully provide some useful information, with pros and cons relayed.
(Comment from our Facebook Group trader) “Huge choice of assets and deadlines, 82% fixed profits in 24 hours, do not change even according to the deadlines. Minimum deposit $ 10 and minimum trade $ 1. Opening operations among the fastest ever tried. Good support, prompt reply to the email. As a chart you need to rely on MetaTrader because there are no technical analysis tools and the chart starts from 5 seconds to 1 minute”.
Update March 26, 2020 with the Broker’s message:
Dear StarsBinary.com users 🌟
We have almost completed the technical work and the trading site will now be available!
✅ We have switched to a new powerful server! This opens up great opportunities to strengthen our platform!
❇️Our plans for the near future:
1. Add zones graph on the React engine
2. Stars Binary brand tournaments
3. Unreal contests and bonuses!
4. Adding a PayPal payment system
5. Addition of new translations for the site
6. The ability to upload your indicators directly to the platform
🌟 Enter and check all updates.
Thanks for being with Stars Binary, we are here to serve!
Some financial authority recently tried to obscure binary trading sites, however it could not prevent access, as brokers have several alternative URL addresses.
The first to be targeted was Pocket Option (this is the new link), being the most famous and used, after the IQ Option is available only for professional traders.
These actions have created annoyances and complaints, but traders do not have to worry as they are legally free to operate with any broker who accepts them as investors. A recent alternative platform is Stars Binary, still a Russian broker with similar characteristics to its predecessors. This review can be useful to those who still don’t know it and maybe decide to try the demo.
We remind you that the comments of the traders (mostly in Italian) can be found in the telegram chat BrokerNoEsma
Before going into detail, here is a quick summary of the pros and cons of the broker:
- Execution speed (perhaps the highest so far)
- Fixed payouts (82%) and very high payouts for VIP accounts (92%)
- Demo account $ 10,000
- Minimum trade $ 1
- Minimum Deposit $ 10
- Good choice of deadlines
- Fast platform
- Transfers by credit card, Payeer, Cryptos
- Trading in Euros and USD dollars
- No “assistant” calling you
- New, more powerful server
- All deadlines in one minute steps (max 1h)
- Light platform without indicators
- Few timeframes available
- After 9 pm only cryptos
- Technical analysis requires another platform, such as MetaTrader for example.
- Deadlines no longer than 60 minutes
The return on investment is one of the things that matter most. The payouts do not change and the percentages remain fixed without surprises depending on the time slot.
For those who start, they are . Those who acquire familiarity (and trust) in the broker can plan to invest $ 1000 thus accessing the VIP account and trading with an excellent 92% payout.
Operating is simple, but to evaluate the entry points, you need to analyze the charts on a different, more professional chart, such as MetaTrader for example.
The start of the operation appears very fast, without interruption problems. Follow the video tutorial at the top of the page.
As you can see from the image below there are all the deadlines starting from the minute, up to a maximum of one hour.
The choice is complete: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 20, 25, 30, 45, 60 minutes
A convenient window allows you to view past operations. It is accessed from the three dashes at the top left, and then from “History”
Withdrawal and Deposit
For the withdrawal of must use the same means used for the deposit. In practice, we have Visa and Mastercard credit cards, cryptos and the now widespread Payeer electronic wallet.
Do you want to try it yourself? Open now a Free Demo Stars Binary