Brokers » Are Porter Finance a Good Choice of Binary Trading Broker?

Are Porter Finance a Good Choice of Binary Trading Broker?

Porter Finance Good or bad?

When you are looking for a binary options broker to meet your trading needs, you need to find out all the important information before you make a final choice. Are you choosing a broker with a reputation for trustworthiness? How good is their customer support? What kind of trading options do they offer? What account types can be opened? Do they have the best binary options bonuses?This review of Porter Finance binary options trading brokers helps traders to discover all they need to know in order to make the right decision.

Porter Finance Binary Options Broker Background and Company Information

Although a relative newcomer to the market having been founded in 2014, Porter Finance has established a good reputation for its easy to use trading platform that features a number of excellent trading tools. Founded by an expert team who have had many years of experience in the binary options trading industry, all facets of the trading platform have been thoroughly tried and tested so users can be reassured of its high quality. Porter Finance is available to traders from all around the world (except those who come from Turkey, United States and Israel). Both experienced and novice traders will find the Porter Finance trading platform extremely easy to use and the company have developed a reputation as a stable, trustworthy and solid broker with some innovative ideas.

Does Porter Finance Offer Good Customer Service and Support?

Every trader knows the importance of choosing a binary trading broker that excels in the customer service department and Porter Finance do not disappoint in this area. Their helpful and experienced team are always available to respond to even challenging questions and their answers are speedy. The customer service representatives are well-informed and experienced in the field and always offer clear explanations in their responses. Porter Finance offer a range of ways by which they can be contacted including telephone helplines, an email address and an online Live Chat facility. Another stand out feature from Porter Finance is the individual account manager assigned to each trader upon signing up for an account.This gives traders rapid access to assistance and they are a valuable resource. Porter Finance’s hepful money management training is also extremely useful especially for newcomers to binary options trading.

What are the Best Features of the Porter Finance Trading Platform?

Porter Finance’s trading platform is powered by Panda TS and the interface is extremely user friendly. There is no need to download any software as everything is internet based and traders who like to check their assets while on the move will be delighted with the mobile optimised trading platform and the handy Porter Finance app which allows access to all of the trading platform’s 200 assets. Available for both Android and iOS devices, the mobile platform is an extremely convenient way to trade on the go. The interface has 6 different trading tools which are ideal for experience and novice traders alike. These include:

  • Regular Binary
  • Pairs
  • Long Term
  • One Touch
  • Ladder
  • Short Term Second

It is possible to trade with either single or multiple instruments and traders can invest as little as $5 up to $2500 per trade.

The in-platform indicators are one of this trading platform’s best features as it means that it is not necessary to download any third party analytical software, saving time and improving the effectiveness of trading.

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Which Trading Accounts Do Porter Finance Offer?

Porter Finance have five different tiered account types, which each have their own advantages, as well as the option of a demo account to test the user-friendliness of the trading platform.

  • Beginner – By depositing just 500 currency units, traders can open a beginner account which comes as standard with a trading e-book, weekly market reviews and platform walk-through.
  • Standard – With a deposit of 1000 currency units, traders can open a standard account which has weekly and daily market reviews, a trading e-book, membership to the training academy and a lesson in trading strategy.
  • Gold – A trader can open a Gold account with a 5000 currency unit deposit. The benefits include VIP training academy membership, 3 different trading strategies, money management training, 5 risk free trades and daily and weekly market reviews.
  • Platinum – Aimed at large value investors, the Platinum account requires a 10,000 currency unit deposit however it has a number of benefits. It comes with a trading e-book, VIP training academy membership, daily and weekly market reviews, 6 training strategies and 10 risk free trades.
  • VIP – This bespoke account is tailored to the individual trader’s requirements and requires a 100,000 currency unit deposit. It brings all the benefits of the other accounts and is a custom-built package aimed at serious traders.

Which Banking Methods are Offered by Porter Finance?

There are several different convenient withdrawal and deposit methods on offer from Porter Finance including both traditional and modern e-wallet methods. Traders can choose from using debit or credit cards, wire transfers and Neteller among other methods. Payments are very secure, with pages secured by SSL and PCI compliant. Traders can deposit funds in 5 different currencies, USD, CAD, AUD, GBP and EUR. Any withdrawals are paid back by the same method that the deposit was made and there is a minimum of 30 currency units per withdrawal. Withdrawals are speedy being only around 3 days maximum, and Gold, Platinum and VIP account holders benefiting from same day withdrawal.

Why Choose Porter Finance as a Binary Options Broker?

Porter Finance is both a trustworthy and reputable binary options broker with an easy to use trading platform. Operated to the very highest standards, there is experienced and well-informed customer support available as well as a choice of popular withdrawal and deposit methods. All withdrawals are made rapidly and are very secure. There is also a good range of trading accounts suited to the needs of all kinds of traders including novices and seasoned professionals. There are also some of the best binary options bonuses available to account holders. When looking for a good quality binary trading broker, Porter Finance is a good choice.