You can control your investment using double up, rollover or early close. With a minimum trade size of $10 and a oanda review maximum trade size of $2,500, Porter Finance offers flexibility for traders with big and small accounts. A demo trading on TradeLocker simulates the same features and market conditions as a live trading account, but is used for simulation purposes only. The environment is ideal for testing out the platform and practicing your trading skills, since the demo account is completely free, without any fees or loss of actual capital.

They welcome traders from all countries to trade binary options with them even US traders. They are offering a avatrade review payout of 87% of the standard call/put options and they do offer a demo account for those who want to test drive how their platform works. Porter Finance uses the very popular SpotOption binary options trading platform. This platform has been shown to be simple to learn and use even for novice traders. It features a slightly customizable layout that is very easy to navigate around to find such things as how your trades are doing, current market news and to access a webinar.

1. Experience the live markets with our ultra-fast execution and reliability on web and mobile.
2. PorterFinance uses the SpotOption platform for trading binary options.
3. They chose not to limit themselves by signing up with a regulatory agency so they could give their investors a wider variety of assets to trade on and a wider variety of options to trade them with.

PorterFinance uses the SpotOption platform for trading binary options. There are many different levels of accounts on Porter Finance; as is standard practice in the industry different account levels have different features that are assigned to them. The general rule is the higher the deposit the greater access to more features. Higher accounts generally have better features than the accounts below them and have all the features that the lower accounts have too. DepositsDeposits are accepted in the currencies EUR, USD, GBP, CAD, and AUD.

Support

At the Beginner level you get a free eBook, a platform walkthrough, and weekly market reviews. At the top level you get 6 trading strategies, money management trading, a trading eBook, VIP Academy Membership (trading videos), and 10 risk-free trades. There is no demo account on Porter Finance (which is a major drawback), but the risk-free trades are great! It is also nice to see a broker that offers risk-free trades and bonus money.

Customer Service and Conclusion

The SEC has charged the company with illegally offering binary options in the US. Porter Finance has a variety of free learning tools that are available to those who sign up to trade with them. These include full access to their Education Center, in depth Binary options courses for beginners and advanced traders, a free informational EBook and several online webinars. There are minimum and maximum trades that are designated on the website; the amount of the minimum investment is a very low $5 and the maximum investment figure is $2500. That is an investment range that should easily satisfy both novice and big time traders.

Features

This account also provides you with a dedicated broker, however adds managed accounts as a perk. Same day withdrawals are also permitted, along with access to a money management system to ensure you get the best opportunity to profit. Diamond AccountA starting investment of ($/€/£ etc)50,000 will get you up to a 80% bonus. The account also provides daily market reviews and signals, 10 x risk free trades, VIP access to the training Academy, access to live webinars and a dedicated broker/managed accounts. As with the Platinum account, you will be provided guidance and access to a money management system as well as expedited same-day withdrawals. This account level is no doubt for those who take their trading very seriously.

Deposit Methods:

Porter Finance’s withdrawal policy includes a $30 fee for additional withdrawals after the first free withdrawal each month. The minimum withdrawal thresholds for cards and MoneyBookers are set low at $30. They lack regulation, and they claim they are complying with CFTC laws. It’s important to understand that Tier 1 regulated brokers offer more comprehensive protections and should be preferred for trading. Roll-Over and Double Up are two profit maximizing features that allow traders to create larger positions.

Reputable platforms are becoming scarce, regardless of regulatory status and Porter remains at the forefront as a trusted broker. Aside from the three countries (U.S, Turkey, Israel), Porter Finance put no unnecessary restrictions on their traders and this platform is operated to a very high standard. One of the key components of a good platform is whether or not they go the extra mile for their clients. We found that Porter Finance puts in the effort to make successful trading a reality not just for seasoned traders but for beginners as well.

Roll Over allows the trader to delay expiry time and Double Up allows them to recreate the same position, with the new market conditions. The various binary option choices are listed on the landing page and each one is accompanied by a colorful graph that shows live activity and ongoing price movements. There are many outstanding features at Porter Finance but it is their strong support team that stands out from the rest. What they offer is the same as that of other brokers but the difference is how they are presented, how easy they are to use, and how much help you can get when you need it.

Using the Pairs option, a trader can trade on one asset vs. another, for example, Gold vs. Silver. Porter Finance seems to cover all the necessary features needed to trade with ease. The only thing missing at the moment is the fact that they are not yet regulated. However, they are still relatively new and there is a good chance that this will be happening in the near future. When I spoke with Chat while doing this review, I found them to be very service oriented pleasant to deal with. Money transactions at Porter Finance can be made using a MasterCard, Visa, American Express or Discover as well as wire transfers directly from a bank, or an online wallet, such as Skrill or CashU.

Experience the most innovative tools for trading.

Porter Finance, founded in 2014, is a binary options broker domiciled in London, UK. Porter Finance may be the new kid on the block but with its dynamic platform and choice of over 100 different assets, it is poised to become a leader in the industry. Porter Finance is also one of the few binary option brokers that accept U.S. clients. To keep your money safe, it’s vital to understand the tactics of scam offshore brokers.

The company has a presence in several countries across the world, with its main office address at Wenlock Road, London, England in the United Kingdom. $1000 is needed to open an Executive account which comes with a 75% bonus, 5 risk-free trades, 3 trading strategies and money management training. You are welcome to deposit and begin trading, however every trader is assigned a personal account manager. If you require some extra assistance, simply speak to your account manager. They are there to help you – and we suggest you use that resource as their top account managers are known to give signals with a high degree of accuracy.

This account level features up to a 40% trading bonus, daily and weekly updates of the market, a free informational eBook, a trading academy membership and 1 free trading strategy. This account is for those investors that are getting some experience trading and want to take the serious of their trading up one notch. WithdrawalsThe withdrawal procedure at Porter Finance is fairly simple. The basic procedure is, funds go back the way they were deposited. If you deposited by credit card, you’ll get your funds back to the credit card up to your deposit amount. Any amount above the initial deposit amount will get sent by either wire transfer.