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.
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Porter Finance won't pay.
So I poke around on the Internet to check out this broker and see nothing but good reviews. I dump $200 in, run it up to $10,000 and try to withdraw it. NOTHING BUT EXCUSES in my email. It's been months but If I ever get paid I will let you know.
can i tell you that Binary options is not a haux, theres actually a lot of money in it if only you knew what to do & had a strategy to use,Don’t be fooled, these broker firms all want your money, i suppose you noticed how much they called your phone until you made your first deposit, well thats because they only gain when you loose,they promise support but never give it, well email me for some tips on what i did to change my story email@example.com
I was pressured into accepting a $3000 bonus in order to start trading with a brokers help. Even though I did read the bonus contract which stated I could not withdraw any funds until it reached 30 times the bonus amount. That's $90,000, and I lost The entire amount I started with which was $5000 on my first trade because I was not familiar with the trading platform and I clicked on the wrong expiry time with my broker on the line. Do not accept any bonus money, and start small on your own with small trades and you will catch on. There is incredible potential to earn money with the Porter Finance trading platform, just be careful with accepting any bonus money and begin slowly.
Do not do business..scammers
These people will take your money, bait you in with the promise of sending you signals from a broker that will personally contact you. He will and will then convince you to take free money bonuses. Do not fall for the bonus and assume you can get your money back. Once you take the bonus you CANNOT withdrawal any of your money until their inflated requirements are met. It's a bait and switch followed by a TRAP. Stay away put give your money to a legitimate broker and not a scammer. By the way your so called Personal Broker will stop communicating to you after a month or soon after you accept the bonus and they know your money is theirs.
Won't refund my money back
I have tried since last week to cash out my account. I sent the required documents to validate. I heard nothing so I inquired yesterday since I had heard nothing. Julia at the chat room told me that an email was sent. I told them I had not received nothing. All of a sudden I received an email stating that the utility bill did not look as printed in full. The utility bill had my address and full name. I stressed that I did not see the connection. Now they demand another utility bill. I feel they are stalling. I will try to send another bill. Where is the 2 day turn around for withdrawals mentioned in this blog. Since I confronted Jill about the poor excuses he asked me if I was threatening her.
BIGGEST SCAM EVER!!
BIGGEST SCAM EVER!!!
I must be the biggest fool in the world. Porter Finance really got me. I lost over $50,000. I was very gullible to believe that the money is guaranteed. That’s what they do they catch unsuspecting people who never traded before and lead them to believe that the long term trades will work and YOU CANNOT LOSE because the money has insurance. Well it’s a lie they will not give you your money back and then they will stop calling you. GreyMountain Management is the parent company that takes your money. Please don’t make the mistake I made. The positive reviews are probably their employees chiming in to look good. One last thing I begged for documents to see how the insurance works and education of the trading but never got it but the brokers keep saying “don’t worry you have nothing to lose”. Hey if you reply to this i get it I’m utterly stupid for getting ripped off by people whom I thought was legit. To all please be very careful!!! These guys are good very very good but for all the wrong reasons.
The broker is very good. The only problem is that they are not Cysec regulated, however I've been trading with them for month and never had a problem with them. I think for US traders it is the best option.