One of the newest entrants into the world of binary trading is Porter Finance. It was started in 2014 and owned by Running Partners Ltd, a London based company.
Porter Finance was started by a team of brokers who brought together their many years of experience in binary trading to form this particular platform.
However, it must also be said that many traders were really skeptical when Porter Finance started avoiding it in the name of it being one of the many scams in the market today. But this broker has continued proving otherwise, cutting a niche as one of the most reliable brokers that any trader can use. They have great features that help traders a lot and they have a great customer care service as well.
Porter Finance review – how do I prove that Porter Finance is legit?
You do not have to go to their offices for you to prove that it is legit. Their website alone will be able to clear all your doubts. They have a 24/7 customer service team that is on standby to help you out whenever you have any query. You can get in touch via a phone call, email or chatting through Skype.
Porter Finance review – deposit and withdraw processes
Porter Finance offers a variety of ways in which you can deposit and withdraw your money. They accept visa electron, MasterCard, bank transfer, visa or Skrill.
At Porter Finance, there is no transaction that can be conducted without the consent of the trader. There has to be a verification process too to ensure that the trader’s account is safe from imposters.
However, it must be noted that there have been some instances whereby clients have raised concerns and complaints about this broker but the good thing is the fact that all that is usually taken care of and things go back to normal.
Porter Finance review – demo account
Porter Finance’s demo account looks a lot like the real account. It will help you get a feel of how dealing with a real account will be like so that you can make an informed decision whether to sign up or not. You will also use the account till you find that you can win consistently so that when you start handling the real account, you will make profits.
Porter Finance review – regulations
Porter Finance is among those brokers that are not regulated. That is actually one of the reasons why this broker admits traders from world over.
Porter Finance review – assets
Porter Finance is not short of assets to trade. That is something which allows traders carry out their trades without much restrictions since they can choose to trade any of their favorite assets.
Porter Finance review – trading platform
Porter Finance uses the Panda TS MT4, one of the easiest yet very effective platforms. This platform comes with many advanced features that a trader can use to employ various trading strategies. It also comes with many more than 100 trading assets.
Porter Finance review – trading accounts
Porter Finance presents 5 different account types to traders. They include;
- Beginner: minimum deposit of $250
- Standard: minimum deposit of $500
- Gold: minimum deposit of $1000
- Platinum: with this account, a trader has to make a minimum deposit of $5000
- VIP: this account requires a trader to make a minimum deposit of $10,000
- 24/7 customer service
- Transparent, reliable and organized
- Allows customers from all over the world
- Demo account available
- Not regulated
- Relatively new in the market
Porter Finance is not regulated and is relatively new in the market. This scares away some traders thinking that they are a scam, although they are not. This broker offers a relaxed and flexible trading environment, so it's worth a try.