Min. Deposit: $200
|None||Up to 83%|
Porter Finance is a relatively new binary options broker having just begun operations in late 2014. Based in the UK and using the SpotOption trading platform, Porter Finance is bursting onto the binary options scene by promising excellent customer service in addition to a strong staff helping traders earn as much as they can. The site offers several different types of trading features including 60 second trades, long term and one-touch trading. The site accepts traders from every country, excluding Israel and Turkey.
In order to help itself compete with the other brokers out there, Porter Finance offers a very enticing first welcome bonus to all new traders. While Porter Finance is currently not regulated, they are continuously growing and improving since their recent inception and could be one of the top new binary options brokers.
- Minimum Deposit: $200
- Regulation: None
- US Friendly: Yes
- Demo Account: Yes, after deposit
- Bonus: Up to 100% Bonus or 10 Risk Free Trades
- No. Assets: 219
- Asset Classes: Stocks, Currencies, Commodities, Indices, Pairs
- Trading Features: Binary, one touch, ladder, 60 seconds, pairs, long term
- Software Platform: SpotOption
- Support: Phone, live chat, email, Skype, fax
Porter Finance Trading and Payouts
Traders arriving at Porter Finance will enjoy the simplicity of its SpotOption trading platform. This platform is one of the easiest to use and is overall rather user-friendly. Trades may be placed at a minimum of $5 for 60 second trading, and $10 for any other trading type, with the maximum trade being capped at $2,500.
Porter Finance’s trading features include:
- Binary options
- Long term
- 60 seconds (30 seconds)
- One touch
Porter Finance offers a maximum payout percentage of 83%, and also offers traders up to 200% in bonus incentives that include a welcome bonus for new traders.
Porter Finance Deposits and Withdrawals
Deposits to Porter Finance’s trader can be performed using any of the following currencies: USD, GBP, EUR, CAD, AUD, with a minimum deposit of 200 of each currency. Payment for deposits can be executed using wire transfer, VISA and MasterCard.
Withdrawal times at the site can take up to 7 business days, but generally occurs around 3 – 4 business days.
Porter Finance appears to be working hard to keep its traders happy, and their professional call center handles the withdrawals in and orderly fashion, despite the time it takes to process. Porter has call centers in several countries worldwide, providing support over a number of languages and across various time zones. If there’s one thing that traders like to see a broker priding itself on, it is certainly a strong support desk and call center availability.