Porter Finance Review

Porter Finance is a London-based binary options broker founded in 2014. While they are not regulated, they have excellent features and are already establishing a sterling reputation. A wide variety of different trades, a wealth of learning materials, and a beautifully designed website all make them a broker to consider.

Deposit Info – Porter Finance Minimum Deposit

• Get started with just $200.
• Deposit methods: Credit or debit card, wire transfer.
• Trade in USD, UR, GBP, AUD, or CAD.

What do you need to know about deposits and withdrawals? There are $30 fees for wire transfers, which is pretty much the industry standard, so this is to be expected. Your first withdrawal of the month is free, but after that, there are additional $30 fees (this is also not unusual, even if it is a bit annoying). The minimum withdrawal threshold for credit and debit card transactions is only $30, which is much lower and more reasonable than the typical $100. The only drawback? If you want to withdraw more money than you deposited through your credit or debit card or electronic payment system, you have to use a wire transfer and pay the fee.
While you are opening your account, you will see the account tiers listed along the right-hand side of the page. While $200 is the minimum deposit, you will want to deposit at least $250 in order to obtain a Beginner Account, which includes a 30% bonus, weekly market reviews, and a trading eBook. A Standard Account is available if you deposit $750 or more. This comes with a 40% bonus, the same benefits as the Beginner Account, plus daily market reviews, Academy Membership, and a trading strategy.
Depositing $1,000 will get you an Executive Account, with a 75% bonus. You again get all of the previous benefits, plus VIP Academy Membership, three trading strategies, money management training, and 5 risk-free trades. If you have $100,000 or more to deposit, you can open a VIP Account with special benefits. As you can see, there are a lot of advantages to opening an account on this site. This broker seems very much invested in the success of their clients.

What Products Can You Trade on Porter Finance?
Stocks
IBM
MICROSOFT (US)
APPLE (US)
BAE SYSTEMS (LONDON)
BP (BRITISH PETROLEUM)
CITI (US)
COCA COLA (US)
GAZPROM (RUSSIA)
HSBC HOLDINGS (LONDON)
LUKOIL (RUSSIA)
NIKE (US)
NISSAN MOTOR
REUTERS (US THOMSON REUTERS)
ROLLS ROYCE (LONDON)
SBERBANK (RUSSIA)
TATA MOTORS (INDIA)
TESCO
TEVA .TA
TURKCELL (TURKEY)
Currencies
Bitcoin/USD
EUR/GBP
EUR/JPY
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
USD/RUB
USD/SGD
USD/TRY
USD/ZAR
Commodities
COFFEE
GOLD
OIL (LIGHT SWEET CRUDE)
PLATINUM
SILVER
SUGAR
WHEAT
Indices
BOMBAY SE
CAC 40 (FRANCE)
DAX (GERMANY)
DOW (US)
DUBAI FINANCIAL MARKET GENERAL INDEX (DUBAI)
FTSE 100 (UK)
HANG SENG (HONG KONG)
ISE 30 (ISTANBUL STOCK EXCHANGE, ISTANBUL, TURKEY)
KL FUTURE
KUWAIT GENERAL INDEX (KUWAIT):
MICEX 10 (MOSCOW INTERBANK EXCHANGE)
MSM 30 (OMAN)
NASDAQ (US)
NIKKEI 225 (JAPAN)
RTS (RUSSIAN TRADING SYSTEM, MOSCOW, RUSSIA)
S&P 500 (US)
SSE 180 (SHANGHAI STOCK EXCHANGE)
TADAWUL (SAUDI STOCK EXCHANGE)
TEL AVIV 25
TOPIX

Final Thoughts on Porter Finance

Porter Finance is one of the most exciting binary options brokers we have stumbled across in quite some time. Is this site perfect? With no demo account and a few withdrawal terms that are a bit restrictive, there is no way to say “yes” to that, but then again, we have never encountered a perfect broker before. Porter Finance is however as close to perfect as anything we have seen. The withdrawal terms are not ideal, but they are much better than most. There are plenty of training materials and programs available to traders at all account levels. You can participate in numerous different types of trades, so there are a lot of ways you can make money with Porter Finance. The website is thorough and provides comprehensive, easy-to-locate information on a wide array of topics. Reading through it, we had very few questions. If you do have questions, though, Porter Finance’s customer service team is standing by.

In short, this is an excellent broker to trade with. It is refreshing to find a broker that understands CFTC laws and is striving to be compliant, and it makes their unregulated status far less of a concern than it would normally be. This broker is making the extra effort to offer top-shelf services to customers, and we highly recommend you check them out!