Porter Finance Review

Why Porter Finance?

New Binary options brokers emerge every day, but some are not worth paying much attention. Since Porter Finance launched its services, it has created a lot of excitement in the trading industry. The dynamic new platform is designed to help clients have an easy time while trading. Their broker team have vast amount of experience in the binary trading industry. Porter Finance accepts US traders and offere over 200 tradeable assets. Whether you are a new or experienced in binary options, you can easily trade using their intuitive platform. Although they are a relatively new binary options broker, Porter Finance provides all the necessary services and features expected by traders and the company is here to stay.

Company Overview

Porter finance binary options broker launched its services in 2014. The Company was started by a group of Brokers with several years of experience in the binary options industry. The company is owned by Running Partners LTD, with offices located at 1A Arcade House, Template Fortune. London, NW1 17TL, UK.

Trading Features

Once you open an account, trading at the site is easy. So as to simplify the navigation process, there is a drop box that allows traders to choose their asset. You can also select your expiration time, and type the amount you wish to risk. Their minimum trade value is $25 per trade. You can choose from indices, currency pairs and stocks. Porter finance offers pairs options, 30 seconds, 60 seconds, 2, 3 and 5-minute options. They also provide long-term options and ladder options. Porter Finance offers binary options on several assets including; coffee, platinum, corn, copper, oil and wheat. Porter finance provides unique assets like the Tel Aviv 25 index.

The company was launched on the ubiquitous SpotOption trading platform but has now upgraded to the innovative Panda platform. This move has allowed Porter Finance to continue accepting US clients. SpotOption has now exited the US market. Porter Finance provides traders with a wide selection of over 200 assets. They offer up to 83% payouts on classic binary options. Porter finance provides an education section and a market review with detailed trading information, analysis and opinions to guide traders.

Customer Service

You may be wondering what makes Porter Finance different from other binary traders? Well, Porter finance provides a unique kind of a broker due to their support team. Almost all binary brokers do provide the similar products. However, the difference is how the products are presented, how the support team assists traders when in need and how easy the trading platform is. Porter Finance broker boasts of an excellent customer support department and helps to market their products. Providing excellent customer support implies that they value their clients and want them to succeed. Providing good services to customers is the key to an efficient business, and Porter Finance broker knows this fact too well!

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Deposits and withdrawals

After creating a trading account, you need to make cash deposits. They support different modes of payment such as Visa, American Express, MasterCard, direct wire transfer, and online payment like skrill and CashU. The required minimum deposit is $200. Forex traders can use different currencies such as Euro, US Dollar, Australian Dollar, Japanese Yen, Swedish Krona, Canadian Dollar, Swiss Franc and British Pound. Porter Finance even list options on exotic currency pairs such as South African Rand, Russian Ruble, and Singapore Dollar.

Before making withdrawals, traders are required to provide proof of identification. This is a way of preventing fraud in the financial industry and protecting customers. Traders should provide a government issued ID card and a utility bill that shows your address. The documents should be scanned and emailed to the client support department, and the withdrawal request is processed within the shortest time possible. The maximum withdrawal limit depends on your payment method. They don’t charge the first withdrawal each month; however, the next withdrawals attract a fee charge of $30.
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Porter Finance offers a trading platform that is friendly to both new and experienced traders. The platform features a wide array of assets, excellent customer support, useful educational resources and trading tools as well as high payouts. Withdrawals are fast and hassle free. Port Finance is also one of the few reputable brokers that accepts clients from the USA.

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