Porter Finance Review
- Porter Finance
- Web site
- Online since
– Top Rated US Broker
– Excellent Support Team
– Very Good Reputation
– Online since 2014 only
Porter Finance is a broker that opened in 2014 and they accept US traders. Make sure you take advantage of their awesome first deposit bonus where you get up to 10 Risk Free Trades. Alternatively, if you are looking for something else, you can go to this page to see all US brokers, and pick one that suits you best.
This broker is owned by Running Forest Partners LTD and they have an address in London, UK. You can choose from 5 different account types enjoy the variety of learning material. The broker interface is very easy to use, and the expiry periods range from 30 seconds and go up to 6 months. You can trade currencies like US Dollar (USD), British Pound (GBP), Canadian Dollar (CAD), Euro (EUR) and Australian dollar (AUD) in addition to many other asset types.
They still accept traders from the US, and with this Porter Finance Review we want to tell our US visitors, that this broker is a great option. Porter is known for their excellent support and great trading platform. The broker has a web based platform, but you can also trade on the go on your smartphone. Porter has apps for Android and iOS.
On Porter Finance you can trade 4 types of assets: stocks, currencies, commodities and Indices. The Stocks assets include the popular ones like: Apple, Nike, Tesco, Tata Motors, IBM and many more. There are more than 100 assets to trade. Porter Finance is not Cysec regulated, which means that US traders can also join this broker site.
Porter Finance Deposits
Porter Finance provides a fast and secure trading experience, that is SSL secure. Not only does Porter have a variety of payment methods, but they will also let you deposit and withdraw in a many different currencies including USD, GBP, CAD, AUD, EUR.
The minimum deposit on Porter Finance is only $200 and the minimum trade is $5 for 60 seconds options and $10 for all other types of trading. The maximum payout on this broker site is 83%.
Payment methods: Credit Cards are the most popular deposit methods on Porter Finance. It’s fast, secure and uncomplicated. Everybody has a credit card, so this is the #1 options for most users. Wire transfer is a good options if you are really serious about trading online. It’s recommended to use this payment option for amounts above $15.000.
Neteller is also accepted on PorterFinance. Neteller is an e-wallet that is similar to Paypal. Please note that withdrawing to credit card is free, however when you withdraw via bank wire, you will have to pay $30 transaction fee (however you get one free bank wire withdrawal per month).
Porter Finance Withdrawals
Withdrawing money takes about the same time as with other brokers: they need 2 days to approve the withdrawal and another 5-7 days for the funds to show in your bank account. This broker has many withdraw methods that you can choose from. Some of them are: credit and debit cards, wire transfer, Skrill, Neteller and many more.
Remember to read the terms and conditions when you decide to accept a bonus. Usually these bonuses come with terms that don’t allow withdrawing your money after a short period. Sometimes you have to trade for a longer time, before you can withdraw the bonus.
Porter Finance has 5 different account types. Take a look at the details and choose wisely.
Beginner: Minimum deposit: $250 / Up to 30% bonus / Market Reviews / eBook
Standard: Minimum deposit: $500 / Up to 40% bonus / Trading Strategy / eBook
Gold: Minimum deposit: $1000 / Up to 75% bonus / 3 Trading Strategies / 5 Risk free trades
Platinum: Minimum deposit: $5000 / Up to 100% Bonus / 10 Risk free trades
VIP: Minimum deposit: $10.000 / Contact your manager for a special package
Porter Finance Education Center
If you are new to binary options, you could find this feature extremely useful. Porter Finance has an education section where you can learn the basics of binary options trading. We recommend going through these resources, because it can help you become a better trader and make more money with binary options.
The eduction section of this broker has 5 parts. The first one is an introduction to binary options trading, chance and risk, advantages and trading in general. The second part is a more in-depth course where you will find out more about financial management, market analysis and trading psychology. The third part is an advanced course that discusses how to choose a winning strategy, furthermore you will find more information about basic technical analysis and advanced technical analysis. The forth part is actually a free ebook which includes some essential terms and tips and shows you how to use trading tools. The fifth part is an economic calendar.
Porter Finance has a very good support team. They are available 24/7 and you can contact them via phone (the number is +44 203 519 2532), live chat, email (firstname.lastname@example.org) and contact form. Especially the live chat is the one that stands out here. Whenever you have an urgent problem, you can get it solved with the live chat. The support team is always friendly and competent.
Is Porter Finance a Good Broker?
Yes, Porter Finance is an excellent option, especially for US traders. They have a good reputation, stellar support team and good bonuses. If you are new to binary trading, you can check out the education center, and if you are an experienced trader, then you can choose from one of the VIP account types to take advantage of the bigger deposit bonuses. Porter Finance offers a free ebook that will get you started in no time, and there are many assets to choose from. Porter Finance is definitely a good broker.
Make sure to check out this list with all US welcome binary options brokers.
OPEN FREE ACCOUNT
Safe & Trusted Broker
SCAMMM STAY AWAY PLEASE
PORTER FINANCE CRIMINALS
Doing business overseas means you are at their mercy. They just don't return calls for months I started with 17k and they lost 15K in 5 transactions. Romi was her name. Nicholas Santos was supposed to help me make it back it's been 4 months now. 0 customer service skills and truely just here to take your money. They will try to get you to keep putting in more money.
Porter Finance sucks
OK, first of all I’d like to say that these guys are a rip-off. There is no
other way to put it.
When you first open an account they will bring in a guy to cajole and
harass you into depositing more and more money promising they will be with you every step of the way. Not true! Once they have your money you’ll be lucky if you ever hear from them again.
Don’t EVER accept a bonus from them. It would be OK if they would do as they say and stick with you but they won’t. Once they have you locked into a bonus “agreement” you are on your own to try to cover the 40X the bonus amount in trading. (IE. $20000 = $800000 in trades you will have to do before they will release your money.
They have what they call Risk Free trades but when they should pay that off they just ignore any requests you make to get the matter cleared up. They currently owe me $62000 that was promised to me in Risk Free trades. I don’t know if I’ll ever see any of that money again.
I never would have agreed to the bonus if I understood then that I was
being manipulated and they had no intention of helping me once that was signed. Stupid me, I assumed the company would honor their commitments and do as they said they would.
If you do manage to bring your balance up they will bring on another guy to talk you into doing some trading under his guidance. My personal experience with this is that they don’t care if you win or lose. They just want their 4% commission and they get that either way.
Their customer service is a farce. They will quickly reply that they have
received your email but you’ll never hear from the person you are trying to contact.
The brokers seem personable but that is just to get more money out of you.
All in all I’d give Porter Finance around a 0 rating out of 10.
By the way this email will also be pasted into an email and also sent to
Porter Finance. Maybe there is 1 honorable person there that will help, but I doubt it.
They took my money, I had 5000 profit in my account and I never got it, in fact it disappeared. They are a scam!! It took me months to get my base profit back. They are criminals! Yes, they can and should be sued for their breach of fiduciary responsibility and never be able to trade again. If anyone is interested, contact me to so we can begin a class action law suit against them: ana.hansen1984 at yahoo dot com
This is definitely a rip off company. I have been trying to get my profit sent to me for two months. I did get my investment back. But they won't send my profit. Their accounting department wont even answer me. DON'T BOTHER WITH THIS COMPANY YOU WILL HAVE A PROBLEM WHEN ITS TIME FOR YOU TO CASH OUT!
Scam crook hustle
I received a call from them offering profit.I send them my info without my authorization they withdrew 5200 dollars off my account.They are scammers,hustlers and thiefs.I have my bank disputing the transactions right now.Runnnnnnnn
The BIGGEST SCAM. This is not a way to invest it's only a way for porter house to take your money. There is no investment its just a fraud. All your going to do is give your money to them. Porter house doesn't really exist. It's only a way for them to get free money! This should go public and action should be taken against this company.
This was a joke. I made my depostit thinking what the heck I'll give this a shot. Within 4 min all the money was gone. They show you a fake return on your investment. I'm headed to my bank to retrieve my money back. This is the biggest scam I've ever been suckered into!!!
Fraudulent and they withdrew twice the amount that I requested to start the account today. I am going to file a claim with the bank tomorrow. Do not deal with these people
5 star rip off. Very well contrived. They will only return your money if used credit card. Had to file fraudulent transactions with card company!
This is only way to get a return. They won't forward my profits & still only have partially recouped my investment. Shame because working with broker who was very good there is quick upside.
Don't invest if you have file fraudulent transaction as it gets their attention Too bad it is a scam made good return but it is in their possession If they return full balance I will report back. Save your time & money. Avoid this 5 star scam