When you are searching for the right binary options broker to meet your needs, it clearly makes sense to find out all the necessary facts before making a commitment. Are they trustworthy with a good reputation? Do they offer a good level of customer support? What trading options are available? This Porter Finance review helps you to discover all the information you need to make an informed choice of binary options broker.
Porter Finance Binary Options Broker History and Background
Established back in 2014, Porter Finance is already known as a user friendly trading platform with many excellent tools. The founders of this brokerage company have many combined years of experience in the industry and therefore all aspects of the platform have been tried and tested and found to be fit for purpose. Traders from all over the world are welcome to use Porter Finance brokerager services (except those from Israel, United States and Turkey). The Porter Finance trading platform is equally accessible for experienced traders and novices alike which helps them to stand apart from the crowd and they are an acknowledged stable and innovative broker with a solid reputation in the market.
How Good is Porter Finance’s Customer Service and Support?
Good quality customer support is paramount when choosing the best binary trading brokers and Porter Finance have an experienced and helpful team who are always on hand to answer even the most challenging of questions. Responses are rapid and well informed with clear explanations being given. There is a choice of contact methods available including telephone helplines, Live Chat online and email contact. Another excellent feature that Porter Finance offer to help them to rise above the competition is the Account Manager assigned to every trader. This allows anyone to get quick access to assistance and they are an extremely useful resource. There are also helpful money management tips available to help traders to maximise their profits.
Porter Finance Trading Platform and Top Features
The Panda TS platform is the power behind the Porter Finance trading platform and its easy to use interface requires no downloads, with everything being based online. Traders on the move can benefit from the mobile platform which is available in app format for iOS and Android devices. This handy app gives access to all 200 assets on the trading platform however for those who cannot or choose not to download the app, the platform is also mobile optimised and so will work perfectly from a smartphone or tablet. There are six different trading tools on the simple interface which makes it perfect for use by both novices and experienced traders alike. The options available are:
- Regular Binary
- Long Term
- One Touch
- Short Term Second
Trading can be done with single or multiple instruments to suit individual trading styles and investment amounts can start from as little as $5 right up to £2500.
One of the best features of this trading platform is that it has inclusive indicators so there is no need to download analytical software from a third party site, saving traders time and improves trading effectiveness.
What Kinds of Trading Accounts Does Porter Finance Offer?
There are five tiers of accounts available through Porter Finance, each with its own advantages and suiting traders who are depositing different amounts into their account. There is also the option to take out a demo account in order to test the trading platform before making a commitment.
The beginner account can be accessed by depositing just 500 units of the chosen currency. This type of account offers a platform walk-through, a trading e-book and market reviews sent out every week.
The standard account requires a 1000 currency unit deposit. Daily and weekly market reviews are sent out to account holders and a trading e-book, training academy membership and a trading strategy lesson comes as standard.
With a deposit of 5000 currency units, traders can open a Gold account which comes with a multitude of benefits including a huge amount of training including VIP membership to the training academy, 3 trading strategies as well as training in money management. Account holders also get 5 risk-free trades as well as weekly and daily market reviews.
The Platinum account is specifically for traders who want to make large value investments and requires a deposit of 10,000 currency units. Account holders can get a trading e-book, VIP training academy membership, 10 risk free trades, weekly and daily market reviews and 6 different trading strategies.
The VIP is tailored to the individual’s bespoke requirements but requires a deposit of 100,000 currency units. Including all of the benefits from the other accounts, this custom-built package is for serious traders.
Which Deposit and Withdrawal Methods do Porter Finance Offer?
Porter Finance offer a range of e-wallet and traditional banking methods including credit and debit cards, wire bank transfers and Neteller. All payment methods are entirely secure with all pages being SSL secured and PCI compliant. There is a choice of 5 different deposit currencies, US Dollars, Canadian Dollars, Pounds Sterling, Euros and Australian Dollars. Withdrawals are made back in the method in which funds were deposited , with 30 currency units being the minimum limit necessary to activate a withdrawal. Gold, VIP and Platinum account holders can benefit from same day withdrawals however even a standard withdrawal only takes a maximum of around 3 days.
What are the Advantages of Choosing Porter Finance Binary Options Broker?
This is a reputable and trustworthy platform that is operated to high standards, Porter Finance offers excellent customer support, a choice of convenient payment methods and an expert team. Withdrawals are secure, rapid and efficient and there is a good choice of trading accounts to suit the needs of all kinds of traders from experienced professionals to newcomers to the market. If you are looking for the best binary trading broker, Porter Finance rank extremely highly among their competition and represents a solid and reliable choice for any trader.