We ventured into our search to find this out. We have gathered that this broker rates average and has been around for quite some time in the industry. We display their low results in the graph which can be found below.
Since we are still researching about this broker, we cannot say for sure that this broker is 100% legit. In order to be sure of our traders’ satisfaction we recommend you to Proceed to SafetyProceed to Safety OR choose one from the list of Top Trustworthy Binary Option Brokers:
Top 3 Brokers January 2017
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Morton Finance Review
Morton Finance was launched in September, 2015. The binary options broker is relatively new in the industry and this is the reason we decided to investigate about them. We conducted a review on their customer support service, features, trader experience and whether they are a legit broker or not. In this review, you will be able to find out more information about Morton Finance and if it is worth investing with them.
Is Morton Finance a Scam?
As we have already mentioned, the broker is quite new in the binary options industry and this is one of the reasons why there isn’t much information available about them. Being new also means that they are not licensed and regulated yet which is why traders may hesitate to register with them. In addition to some positive reviews, we have also found some complaints. We are still continuing with our investigation and until we reach a conclusion, we advice you to stay away from this broker. They may not be a scam, but at the moment they are also not a reliable option.
The broker operates on a very basic trading platform. Despite doing a massive search, we could not find out who the owner is and where they are located. The trading platform offers a range of expiration times for high/low options. The expiration starts at 60 seconds and goes up to one year. Their website is available in the English language only and contains some basic educational materials as well.
Account Types and Bonuses
There are 4 account types offered to traders. The first is the Entry Level account which has been designed for absolute beginners. The second type is the Preferred Account which starts with an investment of $10,000. Traders qualify for 100% investment bonus and 2 risk free trades with this account. The third type is the Signature Account which requires a minimum deposit of $100,000. Traders get 125% investment bonus and 2 risk free trades. Lastly, there is the Premium Account which can be set up with a minimum investment of $500,000. Bonus of up to 150% is offered along with 3 risk free trades and a number of other benefits.
How to Get Started?
Sign Up – first, you have to create a trading account with Morton Finance to be able to start trading.
Trade and Profit – A minimum deposit of $350 is required to trade and profit.
Withdrawal – the withdrawal form on the broker’s website can be filled out when you want to make a withdrawal. A verification process must also be complete.
Deposit and Withdrawal Procedures
At Morton Finance, you can find different payment options when it comes to funding your account and making withdrawals. The two methods used for making deposits include credit cards and bank transfer.
There is no fee involved when you make a deposit via credit cards, but if you want to use bank wire transfer as a method, then you will have to pay a fee. You can contact your local bank and find out more information about the fees involved. To make a withdrawal, you can use credit cards, bank wire transfer and a number of online options as well including. The minimum deposit is $350 and the minimum withdrawal via bank transfer and online methods is $200. If you choose credit card as your withdrawal option, then the minimum you must have in your account is $100.
Customer Support Information
A simple contact form is available on their website which you can fill out in case you have any questions or concerns. Morton Finance also offers support via telephone and email. No live chat service is available which means they can be pretty slow when it comes to getting back to their customers.