|Binary options broker|
|Date of foundation|
|Free Demo Account|
No mobile apps
|Tournaments / contests|
|Date of update|
Porter Finance is it a scam? Reviews and description
In this article we will present you another young and promising binary options broker – Porter Finance. We will tell you what trading tools the Porter Finance has for you and how much is the minimum deposit to open an account at Porter Finance. Along with the details of the opening of accounts, we will review their bonuc program. And at the end, we will summarize it all and answer whether to do trading with this broker or not.
Porter Finance is one of fairly new binary options brokers that offer up to 83% revenue to its clients from the ordinary, and to 1500% with special options. The company started its activity in 2014, and proudly presents you with excellent trading conditions and fully guarantees the safety of your funds. The headquarters is located in the London office, and their international customer support center is ready to advise investors, all over the world. This broker provides excellent trade training and a standard, but very convenient online platform, this, combined with professional managers, consultants, will make everything possible for you to receive a positive trading experience.
Continuing on our Porter Finance review, it should be noted that the company is constantly expanding list of features and trading tools to increase your productivity and maximize profits, so be prepared to keep the pace. Trading on Porter Finance platform, you will have the opportunity to enjoy a wide range of assets including currency pairs, stocks, indices and commodities, among which is available only in assets that broker. In total, you can find at the company’s website more than 400 assets.
Without a doubt, binary options have been created in order to facilitate the investment process for the average consumer in the financial market. Porter Finance binary options due to its professional trading tools, have implemented and successfully reached this goal. Illustrative price charts, good scaling for comfortable monitoring of market fluctuations, reliable indicators, and reports on the ratio of successful / unsuccessful transactions – all this will make your trading easy and comfortable.
If you decide to start your shopping journey with Porter Finance binary options broker, you will need to go through a quick registration and place a minimum deposit of $ 200. You can trade with minimum bet of $ 5 that will allow you to invest just 1% of your balance, just as much as professional traders do advise. In addition to all, you will have the opportunity to get Porter Finance’s bonus of up to 85% of your deposit, which will greatly increase the start-up capital.
Security deposits and personal details are protected by advanced protection SSL protocols. All information provided by the broker is being securely encrypted and in any case does not fall into the hands of third parties. Fulfilling the requirements of the laws on the prevention of money laundering, the company requires clients to present personal data such as name, surname, date of birth, place of residence and a copy of the passport.
Porter Finance minimum deposit
Porter Finance offers 4 types of accounts allowing the traders to choose the ratio of the initial deposit and the services that they need. The accounts are divided into Basic, Standard, Silver and Gold.
Basic account opens Porter Finance a minimum deposit of $ 500 and allows you to get Porter Finance a bonus of 25%, a weekly summary of the market and the e-book for beginners. After registration, you will also get access to advanced courses for novice investors, which was developed by professional traders.
The minimum deposit is $ 1000 and offers the following for the standard account Porter Finance: 40% Porter Finance bonus deposit, membership in the Academy, which will allow further progress in the study of options trading, 1 free trading strategy and daily market reviews, which will help with the analysis, based on the news.
Silver account requires Porter Finance a minimum deposit of $ 2500 and includes 60% Porter Finance a bonus of 5 webinars that will guide experienced and successful traders, 3 risk-free transaction, 3 lessons from a professional manager, advanced system management account and risk, as well as accelerated withdrawal.
Gold account is the most advanced, since in addition to all the above bonuses, he would find something to surprise you. Porter Finance a minimum deposit of $ 5000 and will give you a 85% Porter Finance a bonus of 10 webinars and 6 risk-free transactions. Plus, at your disposal will have a personal manager for help you can contact at any time. This is a great offer for the money, you can almost double your equity just by making a deposit, and so to the same risk-free deals will help you to make a strong start without fear of losing money.
At present, the site only supports English-speaking clients. Looking into the “Contacts” section you will find the telephone numbers in the UK, Canada, USA, Australia, New Zealand and South Africa, available 24/7. In addition, contact with consultants is possible via online chat and e-mail. On the right part of the site you will be able to see the news broadcast, which shows the latest and most up to date information of the markets and the broker, such as the introduction of new features or promotional offers. Do not forget that at any time you can call or send an e-mail to your personal manager.
Porter Finance is it a scam ?
Summing up at the end of our review on Porter Finance, as promised, we will learn whether you can work with this broker, or it is just plain scam firm. The main difficulty in studying in a search engine query -Porter Finance scam- is the fact that the broker is fairly new on the market and there are not so many reviews. While the company has not received a license from CySEC, it has the ability to serve clients from the US and Canada. From negative side, as usual there are some complaints that arise as insufficient perusal of the agreement between the broker and the trader. We again remind you that the bonuses and the risk-free transactions impose some restrictions when you withdraw funds. If you are not ready for them, then you always have the right to refuse all the bonuses and promotional offers. Returning to the theme whether the Porter Finance scam or not, we concluded that the broker can be trusted, as they try to earn a good reputation in the North American market, before receiving a license from CySEC.
Deposit and withdrawal
Broker offers a variety of deposit and withdrawal options. Payment methods at Porter Finance are safe as they use SSL encryption to protect all transactions. Payment methods include bank wire transfer and all major credit cards.
The minimum deposit amount is $200 and it can be done in currencies such as the USD, Pound Sterling, AUD, CAD or EUR. However, if you choose to deposit via bank transfer, the minimum deposit you have to make it $ 500, along with a fee of $ 30. The minimum amount required to be concluded with a credit card $ 30. To make a bank transfer, you must have at least $100 in your account. The first withdrawal of each month is free, but if you want to make additional withdrawals, you must pay a fee of $ 30.
After completion of our detailed research and test Porter Finance exemption policy, our group came to the conclusion that Porter Finance has a comprehensive and easy to follow withdrawal process, great customer service, and vast educational base with excellent yet simple trading platform. It is a new company, and surely, it should take some more time to find out more on this broker, but overall, it is a great company with a strong potential. We recommend traders of all levels to look at this broker closely.