Porter Finance is a relatively young binary options broker that has attracted many loyal customers in a short period of time.
Let’s see what these customers value about Porter Finance and whether these advantages can help you become a successful trader, too.
Porter Finance features
- High / low options offer payouts of up to 85%, which is on the top end of the industry. Long term options and 60 seconds options are variations of high / low options and offer similar payouts.
- Pair options offer similar payouts to high / low options.
- One touch options offer payouts of up to 500%.
- Ladder options offer payouts of up to 1,500% – the highest payouts you can get in binary options.
Large education center
Porter Finance does a good job at giving their traders the best chance to become knowledgeable and successful. In their education center, Porter Finance offers their customers:
- An introduction to binary,
- An in-depth course,
- An advanced course,
- An ebook, and
- An economic calendar.
Each of the three courses contains 10-15 well-made lessons that teach you everything you need to know about binary options trading and Porter Finance’s trading platform. This wealth of information is unrivaled in binary options.
Innovative new binary option types
Porter Finance offers ladder options, which can help you trade market environments that would be unprofitable with any other binary option type. Ladder options can be a valuable addition to the toolbox of any trader who wants to expand his opportunities to make money.
Porter Finance offers assets in four categories:
- Stocks: IBM, Microsoft, Apple, BAE Systems, Lukoil, Nissan Motors, Sberbank, Turkcell, etc.
- Currencies: GBP/USD, EUR/GBP, EUR/USD, USD/CHF, Bitcoin/USD, USD/RUB, etc.
- Commodities: Coffee, gold, oil, platinum, silver, sugar, wheat.
- Indices: Dow Jones, S&P 500, Bombay SE, CAC 40, DAX, Hang Seng, MSM 30, MICEX10, etc.
Porter Finance offers assets from all over the world and all industries. This is a great advantage for any trader for two reasons:
1) Regardless of where you live, you can in your home market, thereby turning your knowledge about the market you know better than everything else into money.
2) You can trade all time zones. Because each stock exchange is only open for 8 hours per day, being able to invest in markets all over the world enables you to trade at any time during the day.
...that you can easily see how good this broker is compared to other brokers?
Check out the best binary options brokers.
Binary options types
Porter Finance offers six different binary options types:
1) Binary: Porter Finance calls High / low options, the classic binary option type, binary. While they have changed the name, they Porter Finance have kept everything else unchanged: You still have to predict whether an asset’s price will rise or fall over a given period of time. High / low options can generate payouts of up to 85%.
2) Pair Options: Pairs are new addition to binary options trading. Instead of investing in the performance of a single asset, pair options allow you to invest in two assets in relation to each other, having to predict which asset will perform better over a given period of time. Pair options create similar payouts as high / low options.
3) Long term options: Long term options are a variation of high / low options. You still have to predict whether an asset will rise or fall over a given period of time, but this period is extended to the end of the week, the end of the month, or the end of each month for the next year.
4) 60 Seconds options: The opposite of long term options, 60 seconds options take the idea of high / low options to shorter time frames. With 60 seconds options, expiration rank from 30 seconds to 300 seconds.
5) One touch options: One touch options are fundamentally different from high / low options: You have to predict whether the price of an asset will touch the target price of your option in a given period of time. Porter Finance offers one touch options with payouts of up to 500%.
6) Ladder options: A new and innovative binary options type, ladder options allow you to invest in an assets price in relation to five different price levels, thereby creating payouts of up to 1,500% or very safe investments.
Porter Finance is a trustworthy binary options broker that offers a good selection of assets, great binary options types, and high payouts. Since Porter Finance’s education center is impressive, Porter Finance is especially ideal for new binary options brokers who are serious about trading and want to learn more.