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Porter Finance Review

Porter Finance
Our score: 8.0 User satisfaction: 96%
Our score: 8.0 User satisfaction: 96%
Logo of Porter Finance

Trading Platform Porter Finance

Porter Finance provides their users with the must up-to-date version of the SpotOption trading platform. The platform itself offers a quick and responsive UI as well as a wide range of features and tools that allow users to optimize and speed up their trading processes. SpotOption is one of the most widespread trading platforms out there as it guarantees simplicity, reliability and flexibility. The new SpotOption also supports mobile devices, including Android and Apple iOS smartphones and tablets.

The Porter Finance platform provides risk management tools such as buy me out, double up, and rollover. The trading interface is modular and you can also use other window settings, depending on your individual trading style.

Porter Finance has the following unique features:

  • Double Up
  • Roll Over
  • Buy Me Out
  • Social Trading

Porter Finance offers a vast list of assets including more than 100 stocks, 53 indexes, 11 commodities, and 28 currency pairs.

The Porter Finance academy offers good resources to help traders improve their trading skills. These are divided according to levels to enable each trader to quickly find materials that are most suitable for their needs. This broker also offers a demo account.

Porter Finance offers 24/7 support through phone, chat, Skype, and email. Phone numbers are available for the UK, Australia, Canada, South Africa, and New Zealand. This broker currently offers support only in English. Its website has a useful FAQ section that traders can use for self-help.

Porter Finance uses SSL encryption to safeguard all transactions. The minimum deposit amount is 200 USD, EUR, GBP, AUD or CAD depending on the currency you choose. With bank wire, the minimum amount is $500, with a $30 fee. Withdrawals are quite fast and processed in two days.

Pros

  • Excellent support team
  • Very good reputation
  • SpotOption trading platform
  • Extensive resource of educational materials
  • Ideal for beginners and novice traders

Cons

  • Only started out in 2014
  • Few withdrawal options

Platform type: SpotOption

Platform Languages: English, Spanish, German, French, Russian, Chinese, Japanese, Italian

OS Compatibility: Mac OS, iOS, Windows, Android

Streaming News Feed: Yes

Email Alerts: Yes

Mobile Alerts: No

Company information Porter Finance

Located in: London, United Kingdom

Website: https://www.porterfinance.com/

Founded in: 2014

Accepts US Clients: Yes

Phone number: +44-2035192532

Email: support@porterfinance.com

Account Options Porter Finance

Commission:

Minimum Deposit: $200

Payouts Percentage: 83%

Deposit Options: Credit Card, Debit Card, Bank Wire Transfer, Neteller

Withdrawal Options: Credit Card, Debit Card, Bank Wire Transfer, Neteller

Payout Ratios: Porter Finance offers payout up to 83%.

Available Assets Porter Finance

Forex, Indices, Stocks, Commodities

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

Customer Support Languages: English

Customer Service Hours: Porter Finance's customer service hours are 06:00 GMT to 23:00 GMT.

Place Trades Over the Phone?: No

Porter Finance Trade types

Porter Finance offers the following trade types:

  • Standard Call/Put Binary Options
  • Pairs
  • Long Term Options
  • One Touch Binary Options
  • 60 Second Binary Options
  • Ladder

Porter Finance Trade accounts

Porter Finance offers the following trading accounts:

Starter Package – 1000 starting investment

  • 20% bonus
  • Ebook
  • Daily market reviews
  • Educational videos
  • Webinars

Silver Account – 5000 starting investment

  • 30% bonus
  • Daily market reviews
  • 1 risk free trade
  • 1 academy session
  • weekly signals
  • webinars

Gold Account – 10,000 starting investment

  • 45% bonus
  • Daily market reviews
  • 3 Risk Free Trades
  • 3 Training Sessions
  • Live webinars
  • Daily signals
  • Dedicated broker

Platinum Account – 25,000 starting investment

  • 60% bonus
  • Daily market reviews
  • 5 risk free trades
  • 5 training sessions
  • Live webinars
  • Daily signals
  • Dedicated broker and managed account
  • Same day withdrawals
  • Money management system

Diamond Account – 50,000 starting investment

  • 80% bonus
  • Daily market reviews
  • 10 risk free trades
  • Academy VIP membership
  • Live webinars
  • Daily signals
  • Dedicated broker and managed account
  • Money management system
  • Expedited withdrawals

Royal Account – 100,000 starting investment

  • Upto 50% insured account + bonus
  • Academy VIP membership + personal coach
  • Live webinars
  • Daily signals
  • Dedicated broker and account manager
  • Money management system
  • Expedited withdrawals
  • Exotic vacation of your choice

Corporate Account

  • Contact a senior account manager for more information

Porter Finance Position In Our Categories

Position of Porter Finance in our main categories:

TOP 50

Porter Finance is one of the top 50 Binary Options Brokers products

If you are interested in Porter Finance it could also be sensible to check out other subcategories of Binary Options Brokers collected in our database of SaaS software reviews.

It's crucial to realize that almost no service in the Binary Options Brokers category will be an ideal solution that can meet all the needs of different investors. It may be a good idea to read a few Porter Finance reviews first as some solutions might actually excel just in a specific geography or situation or be created with a really specific customer in mind. Others may function with a goal of being simple and intuitive and therefore lack complicated functions desired by more experienced users. You can also come across services that cater to a wide group of customers and provide a powerful feature set, however this usually comes at a more significant cost of such a software. Ensure you're aware of your needs so that you select a service that has exactly the functionalities you search for.

User Satisfaction

Positive Social Media Mentions 117
Negative Social Media Mentions 5

We realize that when you decide to buy a Binary Options Brokers it’s important not only to see how experts evaluate it in their reviews, but also to discover if the real clients and businesses that use these solutions are indeed content with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and Porter Finance reviews across a broad array of social media sites. The data is then presented in a simple to understand way indicating how many people had positive and negative experience with Porter Finance. With that information at your disposal you should be ready to make an informed business choice that you won’t regret.

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Porter Finance Comparisons

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What Bonus Does Porter Finance Offer?

No Deposit Bonus:
No

Bonus for First Deposit:
No

Is the Bonus Based on
the Volume of the Transaction?:

No

Other Bonuses:
No

Porter Finance offers the following bonuses/promotions:

- Up to 100% initial deposit bonus

This broker also offers limited time bonus offers and one-time trading credits as part of its promotions. It has standard rules for bonuses, requiring 30x turnover to withdraw funds.

Reliability of Porter Finance

Porter Finance is still a relatively new binary brokerage firm in the business, which means it has little to show in terms of operational history. It is also not regulated, which can be a downer for many binary options traders. However, Porter Finance makes it all up with awesome customer support, stellar bonuses, and an extensive list of education materials. Observers have said that Porter Finance is one of the best brokers that have opened in 2014 and it continues to back that up with excellent reputation.

Nestor Gilbert

By Nestor Gilbert

Nestor Gilbert is a senior B2B and SaaS analyst and a core contributor at FinancesOnline for over 5 years. With his experience in software development and extensive knowledge of SaaS management, he writes mostly about emerging B2B technologies and their impact on the current business landscape. However, he also provides in-depth reviews on a wide range of software solutions to help businesses find suitable options for them. Through his work, he aims to help companies develop a more tech-forward approach to their operations and overcome their SaaS-related challenges.

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