Is Porter Finance legit as a binary options broker?
Trust is one of the most important criteria when it comes to choosing a binary options broker. So when it comes to the binary options you always need to know if your chosen broker is legit.
In this article we tell you whether you can trust Porter Finance.
Is Porter Finance legit?
For new traders it is often almost impossible to tell whether they can trust a binary options broker or not. To help you make a better decision, we have tested Porter Finance thoroughly and can now give you the digest of everything you need to know.
When it comes to finding a legit broker, the first criteria is security. To qualify as legit, a broker must keep your money and your personal information safe. If a broker has weak security measures, everything else – even the best payouts – becomes useless.
Luckily, Porter Finance offers a convincing list of security features. First of all, all your communication with Porter Finance will be encoded with the SSL standard, the securest protocol on the web. Even the biggest banks can’t offer something better.
Secondly, Porter Finance does everything to make sure nobody can withdraw money from your account but you. Before using a new withdrawal method, the person withdrawing money has to provide their ID, a proof of residence, and – if the withdrawal is made by credit card – a picture of the credit card, thereby effectively eliminating the chance that anyone but you could withdraw money from your account.
With the security side taken care of, we now have to solve the next big question: Can you make money with Porter Finance? If Porter Finance’s service would not be good enough to make money with it, security would be of little importance. Nobody could steal money from your account because there would not be anything in it.
Fortunately, things do not have to come this far with Porter Finance. Offering payouts of 75 to 85 percent on all binary options types, Porter Finance creates the ideal environment to succeed. It is important to note that Porter Finance has adjusted all binary options types to provide the same range of payouts, thereby allowing you to employ much more secure strategies as with any other binary options broker.
The final point in evaluating Porter Finance’s legitimacy is the banking process. To be considered legit, a broker has to offer easy, quick, and affordable banking options. Porter Finance does exactly this by offering free deposits and withdrawals with credit card, debit card, and online banking providers.
In conclusion, Porter Finance offers secure trading, high payouts, and easy and quick banking options – easily enough to qualify as a legit binary options broker.