Overview

Porter Finance has a Minimum Deposit $200, up to
100% Welcome Bonus and Maximum Payouts 83%.
How to Get Your FREE Forex Signals – See Below!

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Details

BrokerPorter Finance
Official Website URLwww.porterfinance.com
Headquarters1A, Arcade House, Temple Fortune, NW11 7TL London, United Kingdom
Support Number+44 203 519 2532
Support TypesLive Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit$200
Minimum Account Size$5
BonusUp to 100%
Payout83%
Free Demo Account Open FREE Demo
Account TypesBeginner, Standard, Gold, Platinum, VIP
Deposit & Withdrawal MethodsCredit/Debit Cards, Bank Wire, Neteller
Number of Assets100+
Account CurrencyUSD, EUR, GBP, AUD or CAD
Overall Score8.0/10

Full Review

This binary broker does not accept traders from USA anymore. Another option – see here.


Important Update: Porter Finance has recently gone offline. The official website of the online brokerage platform states that it is facing closure and will no longer be capable of providing digital financial services to users. We ca advise all traders that wish to carry on trading binary options to proceed to another broker.


Porter Finance is a binary options broker, founded in 2014 but it is already establishing good positions in the industry. They are owned by Running Forest Partners Ltd, based in London. They are a fast growing company with minimum deposit only 200 USD or EUR and the payouts for winning trades go as high as 83%.

>> Skip the Content and Proceed to Bottom Line <<

The minimum trade size is only $5 for 60 Seconds options and $10 for the other types of options. There are more than 100 assets to trade with Porter Finance, including currency pairs, indices, commodities and stocks. Their trading platform has a sleek and simple design, which makes it easy to find what you are looking for and it is suitable even for beginners.

The customer service at Porter Finance can be contacted 24/7 by phone (646 693 4074), email – [email protected] and live chat, but it is available only in English.

Porter Finance Trading Example

Porter Finance Bonuses and Promotions

Porter Finance has four types of trading accounts. Every type of account has different features and benefits like risk free trades and daily or weekly market reviews. The bonus amount you get with each account type depends on the initial investment you decide to make.

  • Basic Account (with minimum deposit of 500) – you get up to25% bonus.
  • Standard Account (with minimum deposit of 1000) – you get up to 40% bonus.
  • Silver Account (with minimum deposit of 2500) – you get up to 60% bonus.
  • Gold Account (with minimum deposit of 5000) – you get up to 85% bonus.

porter finance account types

 

Review Verdict: Porter Finance is NOT a Scam

Visit Porter Finance Website

If you decide to accept a bonus, make sure you read the terms and conditions first, since there are important requirements that always come with the bonus, like trading a certain amount of volume. You have to understand what is required of you, before you decide to accept it.

Porter Finance Deposit & Withdrawal Methods

Porter Finance has several withdrawal and deposit methods, that include debit and credit cards, international bank wire transfer and Neteller. The currencies you can use are USD, EUR, AUD, CAD and GBP. Keep in mind that once you select a currency, you cannot change it later on. The withdrawal process is fast and reliable, it usually takes 48 hour for the withdrawal requests to be processed and the money is transferred in your personal account within 5 to 7 business days.

porter finance payment methods

Credit card is one of the most used methods for withdrawing and depositing amongst Porter Finance traders. They accept many of the major debit and credit cards, including MasterCard, Maestro, Visa, and Visa Electron. The maximum deposit and withdrawal amount via credit card is 20 000.

Wire transfer is recommended for clients with account in excess of 20 000 and it is the most secure solution for direct transfer of funds. However, note that for wire transfer transaction there is a fee that may apply, but there is no limit on the funds you can withdraw using this method.

Neteller is a popular online payment method in binary options trading. You can use it to deposit funds into your trading account with Porter Finance and you can withdraw profits directly to your Neteller account. Note that the maximum Porter Finance withdrawal amount via Neteller is 1 000, and the minimum is 30.

Is Porter Finance a Scam?

Porter Finance may be relatively new to the binary options trading industry, but until now it has proven to be a safe and reliable broker. And since there are over 350 binary options brokers, choosing a secure and legitimate broker is very important.

Porter Finance uses SSL security protocol that encrypts all payment info over the internet and is an internationally accepted security measurement. The broker also uses segregated bank account to keep their customers’ funds safe and secure.

Porter Finance Demo Account

Porter Finance provides its traders with a Free Demo Account. So if you want to practice a little before starting to trade live, here is a chance. In order for you to get a demo account, you’ll have to request it from your account manager, once you sign up with Porter Finance.

All features and tools provided by the demo account are absolutely identical to ones of the live trading platform. This is ideal for beginners, since trading with a demo account can prepare them for the real financial markets and give them confidence to trade live. It can help test out the broker’s platform and develop your trading techniques and strategies.

>> Proceed to Opening a Demo Account <<

Porter Finance Complaints

Since Porter Finance was founded in 2014 and it is relatively a new broker, there are not many traders’ complaints. So far the broker has a good reputation and we haven’t found negative complaints about Porter Finance. We continue to research and if we find any legitimate comments from traders about Porter Finance, we will update the review.

Porter Finance Platform

Porter Finance uses the latest version of the SpotOption trading platform, so you can use any Signal Provider you like, since the platform is compatible with most of them.

They provide over 150 underlying assets to trade. The trading platform is user-friendly and it’s suitable for both novice and advanced traders. You can choose from a lot of different types of options to trade. The standard High/Low options where you predict if the price of an asset will go up or down in a fixed amount of time. You can also trade Pairs, One Touch or Ladder Options.

Review Verdict: Porter Finance is NOT a Scam

Visit Porter Finance Website

You don’t need to download or run any software, since the Porter Finance’s trading platform is web-based. You just need to login in order to start trading.

Porter Finance Minimum Deposit

The minimum amount for your first deposit in order to start trading with Porter Finance is 200 USD, EUR, GBP, CAD or AUD, depending on which currency you will choose to trade with. The maxim deposit amount depends on the deposit method. For NETELLER the maximum amount is 3,750 per transaction and for credit cards – 20,000. There is no maximum deposit amount for wire transactions.

The minimum trade for the 60-seconds Options is just $5, the trade for the other options is $10. The payouts that Porter Finance offers go as high as 83%.


Important Update: Porter Finance has recently gone offline. The official website of the online brokerage platform states that it is facing closure and will no longer be capable of providing digital financial services to users. We ca advise all traders that wish to carry on trading binary options to proceed to another broker.


Conclusion: Porter Finance is a Recommended Signals Provider

t10SIG_good_choice_stampThere are over 100 Binary Signals advertised on the internet. All of them are promising high results and profits, however the majority might not bring you the money you want because of the low performance and low winning ratio.

That’s why it’s important to choose a Binary Signals Provider carefully!

Porter Finance Signals achieved one of the highest Success Rates among the Signals we tested and more than 83% Winning Ratio.

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