Is Porter Finance a Scam?

Last updated: December 19, 2016

Summary

Porter Finance Scam Review – The Truth Revealed!
Is Porter Finance Legit? 100% Real Expert Experience.
Withdrawal, Minimum Deposit & Bonuses – See Below!

Read Full Review

Details

Broker Porter Finance
Official Website URL www.PorterFinance.com
Address 1A, Arcade House, Temple Fortune, NW11 7TL London, United Kingdom
Support Number +44 203 519 2532
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $200
Minimum Trade Amount $5
Payout 83%
Free Demo Account Open FREE Demo NOW
Account Types Beginner, Standard, Gold, Platinum, VIP
Deposit & Withdrawal Methods Credit/Debit Cards, Bank Wire, Neteller
Number of Assets 100+
Account Currency USD, EUR, GBP, AUD or CAD
Overall Score 7.0/10

Full Review

Traders’ Notice: Our investigative team is to inform you that Porter Finance has closed operations for the time being. We will continue our efforts into investigating this case. Our advice is that for the current moment you should sign up for the next best alternative.

This broker does not accept US traders. For another alternative – click here.


Porter Finance is a relatively new binary options broker, nonetheless they have all the necessary services and features that make them a serious broker that is here to stay. Porter Finance is owned by Running Forest Partners LTD. They have 24/7 customer support that can be reached via 10 international phone numbers, live chat and email.

>> Skip the Content and see the Bottom Line <<

There are several things that make Porter Finance stand out as a broker. First, their minimum deposit is only 200 USD or EUR. Also their minimum trade size is $5 for 60 Seconds Options and $10 for all other options. This makes them a great broker if you are just starting out and want to test their platform and services, before you decide to invest more. They have over 100 assets and payouts of up to 83%.

Review Verdict: Porter Finance is NOT a Scam

Visit Porter Finance Website

Porter Finance Platform

Porter Finance has an easy to use trading platform that also has advanced features that you can use to apply different trading strategies. You can trade the following option types: Call/Put (or Up/Down), 60 Seconds, Long Term, Pairs, and Ladder Options. With the Ladder Options the payouts can be up to 1500% and you have to make choose if an asset will “climb” or reach a predetermined price point. While the payouts are higher with Ladder Options, they do carry higher risk, so traders should calculate their risk carefully.

porter finance trading platform

Other great features of the platform is that it has Buy-Me-Out which means that you can close your trade before the expiry time. Also there is the Rollover feature which allows you to delay your expiry and Double Up feature which allows you make a duplicate trade.

Porter Finance uses the new Panda trading platform, which is a combination of advanced technology and user friendly interface. The easy to navigate layout allows traders with different levels of proficiency to quickly get used to the various features of the platform and choose from a wide range of stocks, indices, currencies and commodities to trade. The trading platform is entirely web based and doesn’t require any software download or installation, which makes it accessible from any computer with an Internet connection, however for optimal results it is recommended to use the Google Chrome browser.

Porter Finance Trading Example

Review Verdict: Porter Finance is NOT a Scam

Visit Porter Finance Website

 

Porter Finance Minimum Deposit

To trade with Porter Finance you have to deposit funds in your account, which can be done safely via a variety of payment methods including most internationally accepted credit and debit cards, wire transfers and e-wallets like Neteller. The minimum required deposit is 200 USD, EUR, GBP or 250 AUD, CAD depending on the currency you have selected during the registration process. Traders should, however, keep in mind that once selected the preferred currency cannot be changed later. Transactions are secured via the SSL encryption used for all credit card payments over the web.

Porter Finance Withdrawals

Porter Finance offers a variety of deposit and withdrawal methods. They include: credit/debit cards, bank wire, Moneybookers (Skrill), CashU and others. The minimum deposit amount is only USD 200, EUR 200, GBP 200, AUD 200 or CAD 200 depending on the currency of your account. The withdrawal procedure is pretty standard. Porter Finance takes up to 2 business days to process your withdrawal request, and then an additional 5-7 days are needed for the funds to show in your account. Make sure you verify your account with them in order to be able to make a withdrawal.

porterfinance_withdraw

Porter Finance withdraw options

It’s good to know that your first withdrawal of every month is free of charge and there is a $30 fee for every additional withdrawal. There is a minimum withdrawal amount which is: 30 USD for credit/debit cards and Moneybookers, and 100 USD for Wire Transfers.

Porter Finance Complaints

Porter Finance was founded in 2014 and is a new broker. So far this broker has a clean reputation and has no negative complaints from traders about them. We always want to hear from traders first hand that’s why we encourage our readers to send us their comments and experience of trading with Porter Finance. Once we receive legitimate comments about Porter Finance we’ll post them on this website.


Traders’ Notice: Our investigative team is to inform you that Porter Finance has closed operations for the time being. We will continue our efforts into investigating this case. Our advice is that for the current moment you should sign up for the next best alternative.


Is Porter Finance Legit?

verifiedPorter Finance is new broker and hasn’t gotten its CySEC license yet. Overall Porter Finance is a professional binary broker, their dedicated customer support can be reached 24/7 via phone, live chat or email.

Contact Porter Finance customer servce and ask them about their Bonus policy details. Click here.

Porter Finance Bonuses

Porter Finance has 4 account types that they offer their clients. Each account type has its own bonus package and benefits such as Daily/Weekly Market Reviews, training session, risk free trades and more. Here are more details about what bonus you can get depending on your deposit:

  • Beginner Account – minimum deposit is $250 and you get up to 30% bonus
  • Standard Account – minimum deposit is $750 and you get up to 40% bonus
  • Executive Account – minimum deposit is $1,000 and you get up to 75% bonus
  • VIP Account – minimum deposit is $100,000 and you should contact your account manager for more details on what special bonus and benefits you qualify for.

porter finance account types

If you decide to accept a bonus from Porter Finance, make sure you read their terms and conditions, since you have to make certain trading volume in order to be able to withdraw funds from your account. You can also choose not to accept a bonus.

Both beginners and professionals can benefit greatly from the Risk Free Trades, which Porter Finance offers. This option allows novices to get a real feel of the way binary options are traded without losing any funds and advanced traders can test various strategies in real market conditions without suffering losses. The broker provides up to 10 Risk Free Trades depending on the type of account you have selected.

 

Review Verdict: Porter Finance is NOT a Scam

Visit Porter Finance Website

 

Porter Finance Education

As the key to successful trading is making informed decisions, Porter Finance offers an extensive resource of educational materials to help traders expand their knowledge and improve their skills. The library features a comprehensive e-book covering the basics of binary options trading, which is especially suitable for novices; beginners and advanced courses; an in-depth course for seasoned traders who want to try out new strategies; webinars and training videos.

porter finance education

In addition, on the Porter Finance website traders will find real-time market data streaming from Reuters as well as the latest financial and economic news.


Traders’ Notice: Our investigative team is to inform you that Porter Finance has closed operations for the time being. We will continue our efforts into investigating this case. Our advice is that for the current moment you should sign up for the next best alternative.


Porter Finance Review

porter finance binary options logoPorter Finance is quickly emerging as a broker with professional services and dedicated customer support. Their minimum deposit is only $200 and minimum trade size is just $5. This makes them a good choice if you are just starting out with binary options and want to learn and become an advanced trader over time.

They also have great education materials with many videos and ebooks that cover all aspects of financial trading.

Bottom Line

Porter Finance is a trusted broker researched by our team. They offer payouts of up to 83% on most option types and have a min. deposit of only $200. We expect Porter Finance to grow in popularity in the next several months and we’ll be watching their development closely. If you want to check Porter Finance in more detail, visit their official website from the button below.Stamp_white_stars_130x130px

5 Responses to “Is Porter Finance a Scam?”

  1. Melissa Grand May 18, 2016 at 9:06 am

    Hey guys, Porter Finance is truly the best choice for all traders. I am happy I found it, and thanks to its training center now I am proud to call myself a professional trader!

  2. Nice broker platform! Totally legit, as the review says! Good job, guys, expecting more cool articles like this one. Binary option trading needs education to be practiced.

  3. Frank D Pessetto May 19, 2016 at 6:02 pm

    Howdy,

    What do you mean by minimum 1st deposit is $200 and can I use my 2016 Sony Bravada Android smart TV to run this program?

  4. i have yet see profits coming into my account i invested in 8 companies into including FINTECH LTD

  5. they are no longer operating

Leave a Reply