Porter Finance Review

Porter Finance
Min. Deposit: $200
Min. Investment: $5
Signals: No
Rating: Rated with 5 stars
Regulated Broker: Not available
USA: Available
  1. Porter Finance

    Porter Finance Accepts US Traders Again! 

    Online since 2014, Porter Finance is one of the growing binary options brokers in the industry. This broker accepts traders around the world, except Turkey. US citizens are allowed to join Porter Finance platform and use a variety of trading instruments and services for successful binary options trading experience.

    Here in our Porter Finance review, you can find more information about Porter Finance and its numerous features.

    Being a reliable broker, Porter Finance has quickly gathered a lot of traders, interested in binary options. Thanks to its many useful tools and available assistance, Porter Finance has a reputation of a rapidly growing binary options broker.

    Minimum deposit amount is $200, while maximum bonus is unlimited. Porter Finance provides traders to trade binary options in several available currencies: USD, EUR, GBP, CAD and AUD. Traders worldwide find this broker to be excellent also because of the possible high returns of 83%. Minimum investment is $5 and maximum investment is $2500. More on trading features, read below in Porter Finance review.

    Porter Finance Platform and Features

    Porter Finance uses SpotOption software, which is highly developed and simple to use. Excellent thing related to SpotOption is that it is adjusted for all types of traders, regardless of whether they are traders beginners of professional traders with years of experience. This broker offers their registered traders a wide range of trade options, such as High/Low, 60 Seconds, One Touch, Pair Options, Long Term and Ladder Options.

    Due to recent events with SpotOption platform, where it isn’t available for US citizens no more, Porter Finance changed his trading platform and switched to Panda TS. As one of the best platform in industry, is offers traders high level of security and offers a lot of trade options available for all traders around the world.

    Traders can use High/Low, One Touch, Hyper Options and Range Options to their traders, including those located in USA. Established in 2007, Panda TS is known as a slightly different trading software but recognized as a top notch quality platform.

    Together with trade options, traders can choose among many available expiry options provided by Porter Finance platform. It is possible to trade within 30 seconds, 60 seconds, 5 minutes, 15 minutes, 30 minutes, 1 hr, 24 hr, 24 hr +, end of day, end of week, end of month, 30 days and 150 days. We believe that with these multiple choices, traders can find preferred ones to trade with.

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    With almost 200 of underlying assets available, traders can choose between stocks, commodities, currencies and indices. In Asset Index, placed on the platform, traders can see exactly with which assets is it possible to trade binary options.

    Porter Finance provides traders many trading features that can be of great help while trading binary options and maximizing profit.

    Double Up feature is used when traders are close to expiry time and are convinced that they are on a good track to earn money. With Double Up, they have an opportunity to do the trade again. A new trade will be created but with the same conditions as the previous trade. Traders can benefit from this feature by increasing their investment and doubling the profit.

    porter socialBuy-Me-Out is a popular trading tool that enables traders to sell a trade for the fixed price and can be utilized at least one hour prior to expiration time or even before. To determine when is the right time to sell a position, one must determine how far is it from the expiration time.

    A Rollover is type of strategy that allows the traders to postpone expiry of the chosen asset. So when you disagree with the market that your predictions aren’t going to be on target, you can simply activate Rollover button and you’ll have an opportunity to close in the money.

    This is considered to be a powerful stop loss strategy where you can turn loss into profit gain. Rollover is available up to 15 minutes before the expiration time and per option it can be applied only once.

    Another often used options with Porter Finance are 60 Seconds and Ladder Options.

    For 60 Seconds trade, minimum amount to invest is $5 and maximum trade size is $500. Rollover and Double Up features are available for binary options only, not for 60 seconds trade.

    With Ladder Options, traders can have multiple investments on a single underlying asset and maximize profit out of market volatility. This way, it is possible to earn money from the continuously price movement while it “climbs” and not just when the price reaches certain level.

    logo-porterfinanceTraders worldwide often use an excellent trading service and it called demo account. Traders who have recently joined binary options industry find demo account to be very useful because it allows them binary trading without any risk. This is possible due to the fact that traders do invest real money, but virtual one.

    So to have an opportunity to try out many strategies on Porter Finance platform with any risk of potential money loss is of utmost importance. By using demo account, they can improve their trading skills and gain more practice in binary options trading process.

    Porter Finance Account Types

    Porter Finance offers traders 4 account types to use while trading binary options. They can choose among Basic, Standard, Silver and Gold Account.

    Porter Finance Basic Account

    • minimum deposit $500
    • up to 25% bonus
    • ebook
    • weekly market news

    Porter Finance Standard Account

    • minimum deposit $1000
    • up to 40% bonus
    • ebook
    • daily + weekly market news
    • 1 trading strategy
    • Academy membership
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    Porter Finance Silver Account

    • minimum deposit $2500
    • up to 60% bonus
    • ebook
    • daily + weekly market news
    • 3 risk free trades
    • 3 lessons one-on-one
    • broker, dedicated to you
    • fast withdrawal
    • 5 webinars
    • Money Management system

    Porter Finance Gold Account

    • minimum deposit $5000
    • up to 85% bonus
    • ebook
    • daily + weekly market news
    • 6 risk free trades
    • broker, dedicated to you
    • fast withdrawal
    • 10 webinars
    • Academy membership
    • Money Management system

    Porter Finance Customer Support

    To contact this broker, traders have several communication options, such as telephone, email and live chat. Customer support service is available 24/7 for traders around the world. Traders can contact Porter Finance on [email protected] if they need any assistance during trading process.

    We tried live chat for our Porter Finance review. Agent on live chat was very helpful during our Porter Finance review and answered all of our questions. Phone numbers are available for several countries: UK, USA, Canada, Australia and South Africa. For now, Porter Finance platform is available only on English.

    Porter Finance has prepared an excellent Education section where traders can use multiple tools in order to have a profitable trading process. On their disposal, traders can use webinars, ebook, trading course for beginners and expert traders and economic calendar. Also, Porter Finance provides traders with an excellent FAQ where traders can find answers on all relevant information regarding binary options trading.

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    Porter Finance Banking and Company

    Porter Finance take care of security of its platform for their registered traders to be satisfied and to feel safe while they trade binary options. This broker uses SSL (Security Socket Layer) system which encrypts all credit card payments made through Internet.

    Minimum deposit amount is $200, while maximum is $20000 for credit card payment and unlimited amount for bank wire.

    porter withFor deposit and withdrawal process to be possible, traders should send few necessary documents, such as photo ID, proof of address and copy of credit card front and back if it is used (with covered digits but visible signature).

    Documents should be sent on [email protected].

    Porter Finance offers few payment methods available for deposit.

    Traders can make payment through debit and credit cards (Maestro, Mastercard, Visa and Visa Electron), bank wire and e-wallet (Neteller).  

    To be able to withdraw funds, it is first necessary to submit a withdrawal request. Minimum withdrawal amount is $30 for card payment and Neteller and $100 for bank wire transfer. Once when the trader’s request is submitted, it takes Porter Finance 2 business days to process the request and additional 5-7 days for funds to be visible on account.

    There is no withdrawal fee for credit cards, but as far bank wire goes, fee is $30. Traders should know that first withdrawal per month is free. For additional one in the same month, fee will be charged $30.