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Product Porter Finance vs. Tradorax

Choosing the most appropriate binary option trading srevice for your company is complicated with various features, choices, and terms to check. However, relying on our review platform will help you to cut down the selection steps by displaying all main providers in a single location. As an illustration, you can contrast Porter Finance and Tradorax for their functions and overall scores, in this case, 8.0 and 8.1, respectively. Similarly, you can see which provider has superior general user satisfaction rating: 96% (Porter Finance) and 100% (Tradorax) to determine which service is the better option. Don’t just pick the solution with the most attractive minimum deposit, but the one that gives the most cost-effective value.

Product

Porter Finance

VS

Tradorax

VS

Score

Our Score

8.0 ?

Our Score

8.1 ?

Customer Experience

Customer Experience

96% ?

Customer Experience

100% ?

Minimum Deposit

$200

$250

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.

Tradorax uses the TechFinancials trading platform which supports informative charts, long term and short term expiry, and a wide range of assets in one package. The platform is 100% web-based, user-friendly, and you do not need to download any software to start trading. With a simple internet connection you can invest in binary options from anywhere in the world.

The Tradorax trading platform enables you to trade on High Low, Boundary, One Touch, and Short Term options. You can get returns as high 85% for EUR/USD options.

One of the preferred option types is the boundary option. This option can be used in both volatile markets as well as quiet trading conditions. Tradorax also offers an Android app for mobile trading.

Deposit Options

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

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

Tradorax offers four types of accounts:

Mini: $250 – $499

  • Web/mobile platform
  • Education center access
  • Personal broker – 1 per week
  • Lessons 1-2

Silver: $500 – $4,999

  • Web/mobile platform
  • Education center access
  • 2% extra for every trade
  • Personal broker – 2 per week
  • Lessons 1-2
  • Lessons 3-4
  • Signal group
  • 0.5% cash back

Gold: $5,000 – $9,999

  • Web/mobile platform
  • Education center access
  • 3% extra for every trade
  • Personal broker – 3 per week
  • Lessons 1-2
  • Lessons 3-4
  • Lessons 5-6
  • Signal group
  • 1% cash back
  • 1 risk free trade per month

VIP: $10,000+

  • Web/mobile platform
  • Education center access
  • 4% extra for every trade
  • Personal broker – 4 per week
  • Lessons 1-2
  • Lessons 3-4
  • Lessons 5-6
  • Lessons 7-8
  • Signal group
  • 2% cash back
  • 2 risk free trades per month

Email

support@porterfinance.com support@tradorax.com

Payouts Percentage

83%

85%

Located In

London, United Kingdom United Kingdom

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

Tradorax offers the following trade types:

  • High/Low
  • Touch/No Touch
  • Boundary
  • 60 Second Trades
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Payout ratios

Porter Finance offers payout up to 83%.

Tradorax offers up to 85% return.

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

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, German, Russian, Arabic
Customer Service Hours: Tradorax provides 24-hour customer support.
Place Trades Over the Phone?: No

Phone

+44-2035192532 442031500446

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: TechFinancials
Platform Languages: English, German, Russian, Arabic
OS Compatibility: iOS, Windows, Android
Streaming News Feed: No
Email Alerts: No
Mobile Alerts: No

Assets

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

Place Trades Over Phone

No
No

Comission

No
No

Withdrawal Options:

Credit Card, Debit Card, Bank Wire Transfer, Neteller Credit Card, Bank Wire Transfer, CashU
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Almost as important as features and user support responsiveness are pricing options made available by Porter Finance and Tradorax. While pricing should not be the only factor it’s definitely an important thing to consider. You should try to find a flexible pricing plan that can be matched with your team size and painlessly scaled up when your company expands. You should be certain you don’t pick plans that have extra tools that you won’t find useful and always try to get in touch with the vendor directly as big companies can often benefit from more affordable prices. You should also try out a free trial or demo of every app to spend at least some time working with it. It’s a helpful experience that doesn’t ask you to spend any money and offers a solid overview of what it’s like to work with Porter Finance and Tradorax.