Trading in binary options offers many possibilities and has some options available, especially for beginners in the field of trading. With returns of more than 80 percent and various trading modes, the binary options broker PorterFinance is one example. Here you can easily participate in trading with different account models and as a trader you can benefit from flexible and versatile trading options. The provider is a British Binary Options Broker that enables a return of more than 80 percent on a single trade. PorterFinance can definitely be classified as a serious provider where traders can also benefit from a live support chat, for example.
The experience with PorterFinance is largely positive and it shows that traders with this provider can also benefit from a great deal of service through comprehensive webinars and training offers. PorterFinance is by no means a rip-off. Rather, this provider offers traders the opportunity to enter the trade quickly and easily and benefit from high profits. Various aspects and relevant details from the test can be found below – this can be particularly helpful for newcomers to binary options trading. For experienced traders, this still provides an option for getting to know this individual broker better.
Our experience at a glance
Short and concise, the experience with PorterFinance can be described as very positive and reliable. This provider offers various options for deposits to your own trading account and as a new trader you can also receive a bonus on your first deposit with this broker. This makes trading with binary options even more lucrative and as a trader you can start trading with an increased budget. Positive to emphasize is also the offered social trading of the broker, which makes the cooperation with other traders possible.
In addition, the support with the existing live chat is advantageous, since thereby a fast establishment of contact with the coworkers is possible. Questions and problems can be answered quickly in this way and there is also an international hotline available for German customers. The PorterFinance experience can also be described as positive with regard to the existing training offers. As a trader, you can effectively improve your own trading and benefit from additional knowledge. This ultimately enables more successful and effective trading with the binary options available in more than 100 assets from this provider.
PorterFinance in Check: Fraud or serious?
Basically, it can be said that the binary option broker PorterFinance is in any case not fraud, but security and extensive trading makes possible. As a trader, you can expect a lot of comfort from this British broker, even if there is unfortunately no official regulation. This aspect leaves room for doubt, of course, but is positively influenced by the support offered via hotline and live chat. PorterFinance offers with the company OracleStone Ltd. in the background a lot of experience and thus a safe and easy trade is possible.
PorterFinance unfortunately refrains from regulation by appropriately authorized authorities such as CySEC (Cyprus) or BaFin (Germany). This is usually an indicator which is quite relevant for traders and is always an indication of security. Nevertheless, one can assume that this provider is safe and enables traders to trade reliably. Although additional regulation would be desirable, it is not necessarily a sign of seriousness. Thus the check of this broker is positive in any case and as a trader you get a flexible and secure option for trading with binary options.
The offer on the test bench
For trading the broker has a comprehensive offer ready and as a trader you can participate reliably and with a lot of variety in trading. Above all, the extensive range of tradable underlying securities is worth mentioning here, as there is a large selection with more than 100 assets. In the following the trading offer of the broker is more exactly lit up, so that an extensive overview results.
These basic values are available
An extensive offer at tradable pairs gives it with this broker. Especially currency pairs with Euro, Dollar and Canadian Dollar are available, but also the Yen, the British Pound and other currencies are available. So there is a wide choice of pairs to choose from. In addition, there are also commodities and precious metals, so that traders can, for example, also bet on oil, gold or copper. Here, too, lucrative trades are possible and the yield is in part over 80 percent. PorterFinance also offers various shares for binary options trading, so that traders can speculate on the Dow and on the shares of different companies.
The range of tradable underlyings is very extensive. This allows traders to choose from an extensive portfolio for trading and there is always plenty of variety. Whether with pairs, commodities or shares and indices – with the broker PorterFinance trading with binary options is always very flexible possible.
These trading conditions
The trading with PorterFinance basically causes no costs and there are no fees or commissions. Thus, lucrative trading is possible in any case and it is possible to calculate the individual trades very easily without incurring fees. Traders also expect PorterFinance to offer attractive returns, sometimes in excess of 80 percent. Returns of up to 81 percent can be achieved for many trades. In general, however, the return is usually at least 70 percent. This makes a single trade very lucrative even for smaller bets.
These trading modes are available for traders
PorterFinance offers a large selection of trading modes and in addition to the familiar and classic put/call, there are also one-touch trades available. Long term trades are also available, providing a high degree of flexibility for trading. Traders can also participate in social trading and thus benefit from the experience and know-how of other traders.
The different trading modes offer traders a great deal of variety and, above all, modern and now popular social trading plays a major role here. Traders have the possibility to follow the trades of experienced traders or to use their own knowledge. Then own trades can be released for social trading and other users can follow them and benefit from them as well. This option pays off for the “tip provider” in any case.
Fitting account models for each trader
The broker offers a total of seven different account models for his traders. Starting with the Starter Package, which requires an initial deposit of at least 1,000 Euros, it goes all the way to the Royal Account with a deposit of 100,000 Euros or more. An additional corporate account with individual requirements can also be used. The individual account models differ not only in the amount of the minimum deposit, but also in the features offered here are differences. These can also be found in the training courses. Thus with this broker for the trade with binary options each Trader finds the suitable account model and can enter thus individually and reliably into the Trading.
The bonus for new customers in the check
As a new Trader one receives a bonus of at least 20 per cent on the first deposit. This applies at least to the Starter Package, so that traders can benefit from an additional 200 Euros. In the other account models, the bonus is continuously increased, so that up to 80 percent bonus in the Diamond account are possible.
Free Trades as an additional bonus
In addition, depending on the account model (from the Silver Account) there are also Free Trades. With these, the trader has the advantage of not having to take any risk. If the placed trade is negative, the stake will be refunded. Therefore this form of bonuses is also worthwhile for many traders.
Buingly, the bonus shows that this broker has little to do with fraud or rip-off. The bonus is lucrative in any case, but the amount of the bonus depends on the first deposit. In the higher account models, traders receive a higher percentage bonus with this provider.
Inpayments and outpayments
For deposits, PorterFinance offers various options and money can be deposited easily and with little effort into your own trading account. There are a total of three options for deposits with this broker. Deposits can be made by credit card and Mastercard or Visa are available. Traders can also easily transfer money to their own trading account by bank transfer. As a third option Neteller is offered, so that also a comfortable option for online deposit is available. The existing options for depositing money offer sufficient comfort in any case, although options such as Skrill or PayPal are not available here. Fees do not result for deposits.
Also disbursements can be made simply. For it the same options are ready as also for deposits. By credit card, transfer or Neteller Trader can make with this offerer thus the disbursements and claim thus just as much comfort. The first disbursement is free per calendar month and thus not connected with fees. Further disbursements are however occupied with a fee. In this case payments are connected with a fee at a value of 30 dollar. A maximum of 1,000 dollars can be paid out per Neteller, 20,000 dollars per credit card and unlimited sums via bank transfer.
Security and regulation at a glance
The security of the broker PorterFinance is guaranteed in any case, even though this provider unfortunately does not require regulation by official bodies. There is therefore no control and supervision by an official institution. In principle, however, the provider is to be classified as safe and offers a secure trading platform with some comfort for traders.
However, additional regulation would certainly be recommended, as this would significantly increase acceptance among many traders. A regulation clearly shows that a broker is subject to control and thus takes care to guarantee security and reliability in every case. Nevertheless, PorterFinance can be classified as a secure binary options broker even without regulation and offers extensive convenience for its own traders.
The focus on support and customer service
Traders can benefit from an extensive variety of contact options with this provider when it comes to customer service. First of all, this provider has a hotline for international customers. The support is in each case in English language, a support in German language does not exist so far. In addition to the hotline, traders also have the option of reaching the provider via e-mail, which is also sufficient in many cases. This means that concerns can be formulated clearly and an answer usually doesn’t take too long.
With the live chat, PorterFinance also offers its traders even more convenience and makes direct and rapid contact possible. In this way, all questions can be clarified quickly and easily and problems are quickly resolved. The live chat offers the direct opportunity to clarify all concerns and is therefore very well received by traders. The live chat can be found at the bottom of the website and is easy to access.
The user-friendliness of the website
The website is clearly structured and offers direct access to all relevant areas. The only directly noticeable shortcoming: A website in German language is not available at this broker. Thus the traders should be able at least the English language, which is with the Trading with binary options quite generally of advantage. Otherwise, the individual menu items are easy to reach and the important information about trading, the individual account models and other details can also be called up quickly.
The PorterFinance website is therefore convincing and makes all relevant areas conveniently usable. The individual trading values can be called up without much effort and the FAQ with many questions and suitable answers can also be reached quite conveniently via the menu.
The range of training courses offered by brokers
The experience is also positively influenced by the existing training courses. These are available for the traders at this broker and make it easy to improve and optimize your own trading. The training courses provide traders with extensive knowledge and help them to better understand trading with binary options and to carry it out more effectively. In this respect, participation in the available webinars and other training courses can be definitely worthwhile. Depending on the account model, traders can choose from a wide range of training courses.
As already mentioned, a mobile app is available for traders. It offers a lot of comfort and makes it possible to trade binary options with your own tablet or smartphone. The app is available for Apple devices with iOS, but there is also a mobile application for Android. A large proportion of the smartphones and other mobile devices available can thus be used to access the retail offering directly.
Thanks to the app, PorterFinance provides a simple overview of one’s own retail account and, for example, can check the account balance there. The app also offers the opportunity to intervene directly in trading. This makes it very easy to place individual trades and it is no problem to take advantage of the many trading options. This means that the mobile app with this broker is always a good choice and provides traders with more convenience and flexibility.
Capitulation: PorterFinance does a lot for its traders
The binary options Broker PorterFinance is clearly convincing overall and can ultimately be classified as serious and secure. For traders, this provider offers a wide range of options and participation in trading is both flexible and easy. Among other things, there is a mobile app that is available for Android and iOS. Traders can also choose from a variety of trading modes and an extensive range of tradable underlying assets. Trading more than 100 assets is no problem here. Furthermore, the differentiation into different models is a clear advantage for this provider, from which traders can profit. Starting with an initial deposit of 1,000 euros, traders can start trading – several options for cash deposits are offered for this purpose. With more than 80 percent yield in the best case the Trading is worthwhile itself and disbursements can be likewise flexibly completed. The first disbursement per month is besides also free of charge possible.
Leider renounces the offerer in contrast to the competition on a regulation, which must play a role in the test naturally. In principle that does not change however nothing at the fact that this broker is to be classified as safe and with Abzocke completely surely nothing to do has. The offerer holds for its Trader a comprehensive offer ready for the trade, convinces with an attractive net yield and can besides also with the mobile App, with the support as well as with the offered training courses convince. PorterFinance is therefore the obvious choice for trading binary options.