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Product Porter Finance vs. OptionTrade

Choosing the right binary option trading srevice for your organization is not that easy with various functions, options, and terms to take note of. On the other hand, relying on our review platform will help you to cut down the selection process by getting all key providers in one place. For example, you can match OptionTrade and Porter Finance for their functions and overall scores, namely, 8.4 and 8.0, respectively. Furthermore, you can compare which broker has higher general user satisfaction rating: 100% (OptionTrade) and 96% (Porter Finance) to learn which solution is the better option. Don’t just choose the solution with the lowest minimum deposit, but the one that offers the most cost-effective value.

Product

Porter Finance

VS

OptionTrade

VS

Total Score

Our Score

8.0 ?

Our Score

8.4 ?

Client Experience

Client Experience

96% ?

Client Experience

100% ?

Minimum Deposit

$200

$200

Accepts US Clients

Yes
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Detailed Review

Description

Porter Finance provides their users with the must up-to-date version of the SpotOption trading platform. The platform itself offers a quick and responsive UI as well as a wide range of features and tools that allow users to optimize and speed up their trading processes. SpotOption is one of the most widespread trading platforms out there as it guarantees simplicity, reliability and flexibility. The new SpotOption also supports mobile devices, including Android and Apple iOS smartphones and tablets.

The Porter Finance platform provides risk management tools such as buy me out, double up, and rollover. The trading interface is modular and you can also use other window settings, depending on your individual trading style.

OptionTrade offers traders their OT Trader, which is modeled after another successful trading broker called HotForex. OT Trader is a sophisticated binary trading platform built based on the experiences of the platform provider.

You can trade with ease using OptionTrade’s cutting-edge OT Trader platform. Traders can trade in more than 200 assets in 20 markets. You can manage multiple accounts in the myOptionTrade client area as well as trade on-the-go from any device. Minimum trade amount starts at $5.

The trading platform offers sophisticated trading tools and fast execution of trades. The platform is Web-based, therefore there is no need for downloads. It offers a user-friendly interface and is easy to use. The platform is integrated with all leading payment methods.

Withdrawal Options:

Credit Card, Debit Card, Bank Wire Transfer, Neteller Webmoney, Credit Card, Bank Wire Transfer, Neteller

Trading Accounts

Porter Finance offers the following trading accounts:

Starter Package – 1000 starting investment

  • 20% bonus
  • Ebook
  • Daily market reviews
  • Educational videos
  • Webinars

Silver Account – 5000 starting investment

  • 30% bonus
  • Daily market reviews
  • 1 risk free trade
  • 1 academy session
  • weekly signals
  • webinars

Gold Account – 10,000 starting investment

  • 45% bonus
  • Daily market reviews
  • 3 Risk Free Trades
  • 3 Training Sessions
  • Live webinars
  • Daily signals
  • Dedicated broker

Platinum Account – 25,000 starting investment

  • 60% bonus
  • Daily market reviews
  • 5 risk free trades
  • 5 training sessions
  • Live webinars
  • Daily signals
  • Dedicated broker and managed account
  • Same day withdrawals
  • Money management system

Diamond Account – 50,000 starting investment

  • 80% bonus
  • Daily market reviews
  • 10 risk free trades
  • Academy VIP membership
  • Live webinars
  • Daily signals
  • Dedicated broker and managed account
  • Money management system
  • Expedited withdrawals

Royal Account – 100,000 starting investment

  • Upto 50% insured account + bonus
  • Academy VIP membership + personal coach
  • Live webinars
  • Daily signals
  • Dedicated broker and account manager
  • Money management system
  • Expedited withdrawals
  • Exotic vacation of your choice

Corporate Account

  • Contact a senior account manager for more information

OptionTrade offers three types of trading accounts:

Standard Account – Minimum deposit of $200

  • Cash match bonus
  • Payout up to 83%     
  • Free demo account   
  • 80+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

Premium  Account – Minimum deposit of $1000

  • Cash match bonus
  • Payout up to 85%     
  • Free demo account   
  • 120+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

VIP Account – Minimum deposit of $5000

  • Personal account manager
  • Cash match bonus
  • Payout up to 88%     
  • Free demo account   
  • 180+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

Email

support@porterfinance.com support@optiontrade.com

Place Trades Over Phone

No
No

Bonuses & Rewards

No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No

Platform

Platform type: SpotOption
Platform Languages: English, Spanish, German, French, Russian, Chinese, Japanese, Italian
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No
Platform type: OT Trader
Platform Languages: English, Spanish, German, French, Russian, Chinese, Italian, Arabic, Swedish
OS Compatibility: Mac OS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No
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Deposit Options

Credit Card, Debit Card, Bank Wire Transfer, Neteller Webmoney, Credit Card, Bank Wire Transfer, Neteller

Comission

No
No

Located In

London, United Kingdom Cyprus

Payout ratios

Porter Finance offers payout up to 83%.

Payout ratios offered by OptionTrade are available for up to 88%.

Assets

Forex, Indices, Stocks, Commodities Forex, Metals, Oil, Gold, Indices, Stocks, Commodities

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English
Customer Service Hours: Porter Finance's customer service hours are 06:00 GMT to 23:00 GMT.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Chinese, Italian, Arabic
Customer Service Hours: OptionTrade provides 24-hour customer support.
Place Trades Over the Phone?: No

Trade Types

Porter Finance offers the following trade types:

  • Standard Call/Put Binary Options
  • Pairs
  • Long Term Options
  • One Touch Binary Options
  • 60 Second Binary Options
  • Ladder

Trading choices at OptionTrade include the usual trading types such as:

  • 60 Seconds
  • Classic Binary Option
  • Long Term
  • One Touch
  • Pairs

Phone

+44-2035192532 +357-24-020054

Payouts Percentage

83%

88%

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If you compare different Binary Options Brokers products you shouldn’t only look at their list of features and offered pricing plans. Keep in mind the solution should be matching your standards and business so the more flexible their offer the better. Learn which systems are supported by OptionTrade and Porter Finance and make sure you will get mobile support for whichever devices you work on in your company. It may also be a good idea to learn which languages and geographies are supported, because this may be a key element for many businesses.