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Compare Porter Finance vs. Magnum Options

Choosing the right binary option trading srevice for your company is hard with a lot of features, choices, and terms to consider. But, relying on our website will allow you to streamline the selection steps by showing all key brokers in one location. For example, you can contrast Porter Finance and Magnum Options for their tools and overall scores, in this case, 8.0 and 8.0, respectively. Similarly, you can see which broker has better general user satisfaction rating: 96% (Porter Finance) and 96% (Magnum Options) to determine which one is the better option. Don’t simply choose the platform with the most attractive minimum deposit, but the solution that offers the best value.

Compare

Porter Finance

VS

Magnum Options

VS

Total Score

Our Score

8.0 ?

Our Score

8.0 ?

Client Experience

Client Experience

96% ?

Client Experience

96% ?

Minimum Deposit

$200

$200

Accepts US Clients

Yes
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.

Magnum Options makes use of the SpotOption trading platform, which is one of the most common trading platforms in the market thanks to its simplicity and flexibility. It is so straightforward that even inexperienced traders won’t find themselves having problems navigating and performing trade functions and processes with SpotOption.

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

Payouts Percentage

83%

85%

Phone

+44-2035192532 1-855-217-4642

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

Magnum Option offers the following trade types:

  • Classic Binary Options
  • One Touch Options
  • Option Builder
  • 60 Second Options
  • Option Pro

Located In

London, United Kingdom British Anguilla

Withdrawal Options:

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

Magnum Options offers the folllowing trading accounts:

  • Standard Account
  • Premium Account
  • Executive Account
  • Magnum Elite

Place Trades Over Phone

No
No

Payout ratios

Porter Finance offers payout up to 83%.

75%

Assets

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

Deposit Options

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

Email

support@porterfinance.com support@magnumoptions.com

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: SpotOption
Platform Languages: Italian
OS Compatibility: iOS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No

Comission

No
No

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
Customer Support Languages: English, Italian
Customer Service Hours:
Place Trades Over the Phone?: No
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In case you are still having second thoughts about which app will perform best for your company it may be a sound idea to investigate each service’s social metrics. Such metrics are frequently a way to see how popular a given software is and how wide is its online presence.For instance, if you check Porter Finance LinkedIn account you’ll find out that they are followed by 0 users. In case of Magnum Options the number of followers on their LinkedIn page is 0.