Porter Finance is a new kid on the block. The England-based broker opened their doors in 2014 and has soared higher with each passing day.
The broker amongst other merits boasts of a high-quality platform, impressive service delivery, and finely tuned features for a terrific binary options trading.
Porter Finance belongs to the exclusive bloc of brokers whose doors are open to US clients. Furthermore, with only two years down, Porter Finance has established presence in four continents.
The remarkable growth of Porter Finance has shown no sign of abating, as they look set to dominate the binary options industry.
The minimum deposit on Porter Finance is GBP 200.
Porter Finance chooses reliability over curiosity with its Panda TS MT4 trading software. It collaborates with widely acclaimed financial data hegemony, Reuters, to provide real-time quotes for its teeming client base.
The Panda TS is overly user-friendly and the UI is uncluttered making for easy navigation. An interesting feature of the platform is the multiple trading modes available.
In addition to the traditional High/Low and One-touch modes, Porter Finance’s trading platform offers three other modes—Range, Hyper, and Long-Term.
These modes increase the appeal of Porter Finance to niche binary options traders having varying risk appetites and trading styles. For the fast-hands, Hyper trading mode allows you to make profits in as little as 30 seconds.
On the other end of the spectrum, traders who prefer to bide their time would find the Long-Term trading mode to be of indispensable. The mode allows traders to take positions that would max out in up to 6 months’ time.
In addition to a PC trading platform, Porter Finance offers mobile trading apps for the two dominate mobile operating systems—Android and iOS.
Assets and Expiration Times
Porter Finance offers a wide array of assets in multiple categories—Stocks, Indices, Currency Pairs, and Commodities.
Examples of assets offered include:
- Stocks; BMW, Facebook, Apple, Exxon
- Indices; DOW (US), FTSE 100 (UK), even the Dubai Financial Market General Index (Dubai)
- Currency Pairs; EUR/USD, USD/CAD, even Bitcoins (Bitcoin/USD)
- Commodities; Oil, Gold
The expiry times supported on Porter Finance ranges from as low as 30 seconds to as high 6 months.
Porter Finance offers tiered account packages mainly tied to an investment amount.
The packages are Starter, Silver, Gold, Platinum, Diamond, Royal, and Corporate.
Each package has a unique array of offerings that may consist of bonuses, free market updates, dedicated brokers, risk free days, live webinars, expedited withdrawals, and even an exotic vacation of your choice.
In addition to these account types, Porter Finance also offers a Demo Account for risk-free virtual trading.
Deposit and Withdrawal
Clients can make deposits and withdrawals using any of the following options—Credit Card (Visa, Visa Electron, MasterCard, and Maestro), Wire Transfer, and NETELLER.
Clients may also maintain their accounts (deposit and withdraw) in any of the following currencies—US Dollar (USD), British Pound (GBP), Euro (EUR), Canadian Dollar (CAD), or Australian Dollar (AUD).
Accordingly, the minimum deposits for the supported currencies are 200 USD, 200 GBP, 200 EUR, 250 CAD, and 250 AUD.
The minimum withdrawal amounts are 30 units of any supported currency for Credit Cards and NETELLER, and 100 units of any supported currency if you want to use a bank wire.
Porter Finance boasts of a very extensive education center with plenty of resources to guide traders with varying experience levels. Whether you are a newbie, intermediate, or advanced trader; there is something in the education center for you.
Resources in the education center include
- An introductory exposition to the Binary Options industry for beginners
- An in-depth Binary Options course for beginner and intermediate traders
- An advanced course for intermediate and expert traders
- Fully detailed eBook
- Illustrative webinars
You can contact Porter Finance by live chat, phone, or email.
Porter Finance has dedicated phone numbers for clients in Australia, Canada, England, New Zealand, USA, and South Africa. The list is continually expanding.
Porter Finance has come a long way in just about 2 years. It welcomes traders from all over including the US.
The biggest appeal of Porter Finance is that it is continually evolving. Month after month, Porter Finance supports more assets, adds more features to the platform, expands to solidify their presence in more countries, adds payment processors, and increases the quality of their service.
Just recently, they unveiled their innovative social trading feature that allows you to copy successful traders to replicate their success on your account.
Little wonder why Porter Finance rose to prominence in no time and continues to edge out older brokers. Porter Finance is a big wave rocking the Binary Options industry.
Many clients are already riding the wave with glee: So the question is not if you should join, but when you intend to open an account with Porter Finance.