Porter Finance | Binary Options Brokers

Porter Finance Review

Porter Finance
Unlimited Welcome Bonus
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Overview

Porter Finance is known for its one of a kind support, educational resources and trading services, and this has helped them gain a number of new traders, thus making them…

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Details

Broker Porter Finance
Website URL http://www.poterfinance.com
Founded 2014
Headquarters 1A, Arcade House, Temple Fortune, NW11 7TL London, United Kingdom
Support Number +44 203 5192532
Support Types Phone , Live-Chat , e-Mail
Languages English
Trading Platform Panda TS
Minimum 1st Deposit $200
Minimum Trade Amount $5
Maximum Trade Amount $2,500
Bonus Unlimited Welcome Bonus
Payout 83%
Free Demo Account Yes
Account Types Basic , Standard , Silver , Gold
Deposit Methods VISA , MasterCard , Maestro , VISA Electron , Bank Wire Transfer , Neteller
Withdrawal Methods VISA , MasterCard , Maestro , VISA Electron , Bank Wire Transfer , Neteller
Trading Methods Web , Android , iPhone
Number of Assets 69
Expiry Times 30 sec , 60 Sec , 5 Min , 15 Min , 30 Min , 1 Hr , 24 Hr , 24 Hr+ , End of Day , End of Week , End of Month , 30 Days , 150 Days
Types of Assets Stocks , Currencies , Commodities , Indices
Option Types Binary Options , One Touch , Hyper , Long Term
Trading Currency USD , EUR , GBP , CAD , AUD
Account Currency USD , EUR , GBP , CAD , AUD
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 93

Screenshots

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Pros

  • Unlimited Bonus
  • Simple Site Navigation
  • Social Trading is Available

Cons

  • Not Regulated
  • Lack of Language Alternatives

Full Review

Porter Finance is known for its one of a kind support, educational resources and trading services, and this has helped them gain a number of new traders, thus making them the fastest growing binary options broker currently. A number of other advanced binary options traders have thrown in praises for Porter Finance, thanks to their long list of assets. With this Porter Finance view, the fact that it is a completely safe and reliable binary options broker is confirmed by “Binary Brokers Club”.

Special Features

This review of Porter Finance highlights every account type that is available to the Porter Finance customers. Please kindly keep in mind that Porter Finance does not accept traders from the US. We have used the Porter Finance “Standard Account” for our Porter Finance review. Below, you can find the review of all the account types in brief:

Porter Finance Beginner Account

  • Minimum deposit of $250.
  • The bonus of 30%.
  • E-book about trading.
  • Weekly Porter Finance market reviews.

Porter Finance Standard Account

  • Minimum deposit of $750.
  • The bonus of 40%.
  • E-book about trading.
  • Daily and weekly Porter Finance market reviews.
  • 1 trading strategy.

Porter Finance Executive Account

  • Minimum deposit of $1000.
  • The bonus of 75%.
  • Daily and weekly Porter Finance market reviews.
  • 3 trading strategies.
  • An e-book about trading.
  • Money management training.
  • VIP academy access.

 

Porter Finance also offers a VIP account for those traders who deposit over $100,000. Porter Finance mainly has the standard rules regarding bonuses and requires 30x turnover before you can withdraw funds. However, one thing that did not please us is that all the funds are subject to this policy, so we recommend customers to know everything before they go for the promotional offers.

Porter Finance Trading Software and Assets

Porter Finance offers a multi-purpose trading solution. In our trading session with Porter Finance review, we really felt that the software was user-friendly and easily usable, adjustable and responsive. Porter Finance offers the following binary options types: long term, pairs, high/low, one touch, turbo options and ladder trading system. Hence, Porter Finance includes almost all the options available and every trader is sure to find their favorite type here.

The platform possesses a modular interface. We used the standard setup most of the time for this Porter Finance review, but several other window settings are also available, and the investor can adjust it according to their personal likes. Besides, Porter Finance has a wide range of assets as we have already mentioned. It consists of more than 100 stocks, 28 currency pairs, 53 indexes and 11 commodities. When a binary trading options broker offers so much, no doubt they are going to have an excellent portfolio.

One can also enhance their trading skills with the help of Porter Finance’s academy. The resources are divided on the basis of levels of learning so a trader will not have any issues finding the right resource for him or her.

Apart from all that, Porter Finance gives the users risk-free management tools like rollover, double up or buy me out.

Porter Finance Support and Services

Porter Finance lets the users reach support via Skype, e-mail, phone or live chat, all of which are available 24/7. However, while writing this Porter Finance review, we had to wait for quite a bit for a help desk staff member to respond. The phone numbers are available for UK, US, Canada, New Zealand, South Africa and Australia. However, Porter Finance only supports English for now.

On the Porter Finance website, users will be able to find a detailed FAQ with the help of which users will barely ever need to contact support since all the information is available in detail.

Porter Finance Deposits & Withdrawals

Porter Finance protects and secures all transactions using the SSL encryption. Therefore, this also makes their banking services completely safe. With the help of the integrated platform, one can withdraw or deposit with ease, just what we experienced in our Porter Finance review.

The Porter Finance customers can use a wide range of credit card types to make deposits, such as American Express, VISA, MasterCard, Diners, etc. Yet another traditional way of banking would be the bank wire transfer. Besides, we couldn’t have been happier after noticing that Porter Finance also accepts Skrill or Moneybookers as a payment method.

On the basis of currency, the minimum deposit is USD 200, EUR 200, CAD 200, AUD 200 or GBP 200. However, with bank wire, the minimum deposit required is $500 and a fee of $30 is charged. And of course, the account should first be verified before any deposits are made. To do his, users can send documents such as the utility bill or a photo ID card.

Withdrawals with Porter Finance are fast as well and are processed within 2 days. For credit cards and Skrill, the minimum withdrawal amount is $30, while the same is $100 for bank accounts. For every first withdrawal of the month, no fee is charged. Any further withdrawals impose a fee of $30 if the bank wire is used.

Porter Finance has not stated the company behind them on their website.

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Paul Graber

I was born in Manchester in 1967. I am an Economist with a Ph.D. degree. I have been working in the financial trading industry as a professional since 2003. I am a fan of Manchester United team. I am married and have a little princess.

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