Porter Finance Minimum Deposit
This UK based binary options broker first started trading in 2014, it initially welcomed traders from the US but this is no longer a possibility. The rate of return offered by Porter Finance is an impressive 83% with welcome bonuses of up to one hundred percent. The Porter Finance minimum deposit is just $200; lower than many of its competitors. It is also a very attractive site to new traders as you can place an individual trade from as low as $5. There is also an excellent demo facility which allows new traders to explore the best way to trade and familiarize themselves with both the Porter Finance site and the trading options.
Porter Finance has developed a reputation for being one of the best brokers in the industry. Despite being a relatively new company they have over one hundred and fifty tradable assets and the option to trade short and long term.
Paying the Porter Finance Minimum Deposit
The amount of your initial deposit stays approximately the same, regardless of the currency you choose to use. You can opt for US dollars, Euros, or pound sterling; all of these options require two hundred of the relevant currency. However if you wish to add your Porter Finance minimum deposit in Canadian dollars or Australian ones, you will need two hundred and fifty of them. It is important to note that the currency you choose to start trading in is the one you will need to continue trading in.
The Porter Finance minimum deposit is also subject to a fee. This only applies if you are depositing funds via wire transfer. In this instance you will need to deposit at least $500; anything less will incur a $30 fee. In can also take up to five days for your funds to be credited to your account.
Alternatively you can choose to add the funds to your account via a credit or debit card; this will allow you to add up to $20,000, or, you may prefer to use an electronic payment method like Neteller which will allow you to fund your account with up to $3,750 in one go.
Porter Finance Minimum Deposits And Account Types
The level of you Porter Finance minimum deposit will dictate the account type you are allocated. $200 will give you access to the basic beginner account and includes a thirty percent bonus. The standard account requires a minimum of $500, whilst gold is accessible for just $1,000. Professional traders may prefer to invest more than $5,000 and will be eligible for the Platinum account and an associated 100% bonus scheme.
New traders are recommended to start with the Porter Finance minimum deposit requirement and get used to trading before utilizing bigger sums of money.