Porter Finance Review
Porter Finance is good binary options brokerage enjoying high reputation among the trading community! The investment platform is famous with very wide range of assets to choose from with many features, which will suit every sophisticated traders demand.Read Full Review
|Headquarters||1A, Arcade House, Temple Fortune, NW11 7TL London, United Kingdom|
|Support Number||+44 203 519 2532|
|Support Types||Live Chat, Phone, Contact Form, E-mail|
|Trading Platform||Panda TS|
|Minimum 1st Deposit||$200|
|Minimum Trade Amount||$5|
|Maximum Trade Amount||$2500|
|Free Demo Account||Open Demo|
|Account Types||Beginner, Standard, Gold, Platinum, VIP|
|Deposit Methods||Visa, Mastercard, Bank Wire, Skrill, Moneybookers, Cartebleue, Visa Electron|
|Number of Assets||100+|
|Option Types||30 sec, 60 sec, 5min, 15 min, 30 min, 1 hr, 24h, 24 hr+, End of Day, End of Week, End of Month, 30 days, 150 days|
|Account Currency||USD, EUR, GBP, AUD or CAD|
|US Traders Allowed|
Porter Finance is fairly new binary options broker. However the features offered by this brokerage long with the good feedback from the day traders is making it a good choice. Porter Finance is owned by Running Forest Partners Ltd. The broker was established in 2014, by few expert traders with solid binary options trading experience. The office is settled of the company is settled at 1A Arcade House, Temple Fortune, London, NW117TL, United Kingdom.
The high payout rates and the minimum deposit of $200 are attracting day traders from all around the globe (US excl.) The organization offers 24/7 support via phone, live chat and e-mail! Basic contact phone is UK number +44 203 519 2532 but in addition they offer many other native speaking support phones. All calls are free!
Porter Finance trading platform is very user friendly. We made a small trading session to assure that the platform is easy to use. We can confirm that everything is extremely well made and adjustable to the trader’s needs. The interface offers few available trading options: standard Call/Put (or Up/Down), Long Term, Pairs, Ladder Options (with up to 1500% payouts) and Turbo / 60 seconds. Seems like the brokerage is offering wide range of options types that will suit even the most sophisticated traders.
The assets lists of Porter Finance is also remarkable! They offer more then 100 stocks, 53 indexes, 28 currency pair and even 11 commodities. For our trading session we used mostly the standard trading features but we would like to point that there are additional settings available for every specific trading method. In addition, Porter Finance platform offers the usual risk management tools such as; rollover buy me out and double up.
The broker is also wise choice for novice traders since its offering Free Demo Account, where you can practice or test new trading strategies.
Deposits and Withdrawals!
The broker offers large variety of deposit and withdrawal methods. Starting from the basic credit/debit carts, bank wire, skirill, and the moving to CashU, Cartebleue and others. The minimum deposit is $200 / 200 of any other currency available, depending on your account currency. Regarding the withdrawals there is nothing unorthodox. We have standard 2 business days procedure. Depending on your location the withdrawal can take up to 7 days. Of course after registration make sure to verify your trading account in order to be able to execute withdraws. Also, there is a minor details, which you must be aware of. Every month you have 1 free withdraw, every next will cost you a $30 bank fee. In addition the broker also has minimum withdraw amount for Skrill, credit/debit, which is $30 and the minimum for direct Wire Transfer is 100 USD.
Porter Finance Broker offers a educational center where newbie traders can learn more about binary options and trading overall. The section provides astonishing collection of video tutorials explaining the basics of trading, tricks and tips, trading ethnics and strategies. Keep in mind that watching those videos can help you improve your skills but they wont make you an advanced trader instantly. Becoming successful trader takes time like every normal thing in life!
The education also includes explanations of how you can recognize trends, start your trading sessions, money management control, pattern recognition and more. In addition there is also an E-book for those who prefer reading!
Porter Finance the Conclusion!
The binary options world offers more then 400 brokers up and running, all trying to impress and attract more clients. As you can imagine the majority of those brokerages are not reliable. In this case we have a broker who truly worshiping the relationship between clients and investing platform. The fairly big amount of good trading features and the colossal amount of assets to choose from are making this brokerage a very preferable among the regular day-traders. Investors are safe to trade with porter finance, since their capitals are well secured. Based on our investigation and wide protion of positive feedback coming from the trading community we can conclude!
Verdict: The Broker Porter Finance is good, safe and wise choice!