EZTrader Review – CySec Regulated Binary Broker

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EZTrader Review

EZTrader is a highly reputable and easy to navigate trading platform with excellent training tools and reading materials.

They have a good variety of assets, a solid reputation and the customer service is extremely professional. The company is regulated by CySEC (Cyprus Securities and Exchange Commission).

Trading Platform & Software

Unlike most others, the team at EZTrader develops all their software in-house. So rather than just another standardized platform with a different skin, this one is unique. They have undergone several innovative changes over the years, which is a refreshing change to other, easily outdated trading platforms.

Reliability and Security

EZTrader is regulated by CySEC (Cyprus Securities and Exchange Commission), which means it is fully authorized throughout Europe.

Withdrawing and depositing is straightforward and easy. The company uses a range of security features throughout every aspect of the users trading experience. The most advanced encryption techniques as well as SSL certificates ensures that the personal and banking information of users is handled in the most secure manner possible. Furthermore, EZTrader does not store full credit / debit card information in its database.

Customer Service

Very professional customer service is available in English, Spanish, German, Russian, Swedish and Dutch. The live online chat feature is useful for getting queries answered quickly.

Assets

The company offers a nicely diverse range of 100 assets currently, although this number seems to be gradually increasing. Their list of Assets is mainly comprised of well know names like Microsoft, Apple, Exon Mobile, Deutsche Bank, BMW, Sony and more. Of course, the fantastic thing about Binary options is that even when a company’s stock is clearly in a downward trend, you can still make money out of it.

Their impressive list of Indices includes all the major stock exchanged across the world, such as the FTSE, Nasdaq and the Nikkei. In addition, users can trade on commodities, such as gold, silver and oil, and Forex currency pairs such as EUR/GBP and USD/JPY.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

Education

EZTrader has a fantastic range of resources to help both new and experienced users improve their trading skills. Most notably is the free 1 on 1 training session offered to all users. There is also an eBook and each user has a personal account manager who can offer advice. The written materials available on the site are amongst the best in the industry.

There are daily, weekly and monthly financial reviews, as well as an online magazine with loads of relevant and interesting articles about the markets, and current and predicted trends.

Membership

There is a fun loyalty program where traders earn points and badges for using the site, and are rewarded with real cash prizes. There are two levels of VIP membership which offer exceptionally high levels of personal service, generous and personalized rewards.

The 100% welcome bonus is fairly standard, but they do often offer risk free trades to their users (where they give the investment back if the trader lf he is not successful).

Pros:

  • Fully regulated and authorized by CySEC
  • Excellent reputation and reliable software
  • Easy to navigate
  • Outstanding resources and education center

Cons:

  • Only 100 assets, although this is growing

Final Thoughts

EZTrader is a well-known, reputable and professional platform that is extremely user friendly. Its simplicity and outstanding training facilities make it an excellent solution for new traders, while experienced traders appreciate the reliable software, fast withdrawals and access to a personal financial adviser.

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EZTrader Broker Review

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Risk Warning: Your capital may be at risk

Our Review of EZTrader

Established in 2008, EZTrader is one of the most recognised online binary options trading platforms. It is currently managed by WGM Services Limited with offices located out of Cyprus.

The Types of Accounts Offered

There are currently four different types of accounts offered by EZTrader and these will primarily revolved around the specific strategy of the investor. These are:

  • Long-term
  • Sell Options
  • Binary Options
  • 60 Seconds

Each is associated with a minimum order size of 25 lots and the maximum value allowed for any single holding is $2,500 dollars (or the equivalent in another currency such as the euro).

Promotions and Bonuses

EZTrader offers numerous types of bonuses and the company should be contacted to learn of any new promotions. However, players can nonetheless enjoy some standard amenities immediately after registration. Those who make an initial deposit of $500 dollars can enjoy a matched bonus of $250 dollars. Another programme known as a “trading meter” will track personal trading volumes throughout the day. If this level reaches a certain threshold, the investor will be provided with a bonus of up to $100 dollars.

Fees and Commissions

One of the most beneficial aspects of this platform is that no fees or commissions are charged for trades. This is the primary reason why returns as high as 95 per cent can be enjoyed on occasion. Refunds for out-of-money positions can likewise reach 15 per cent; a figure not often associated with other binary options portals. However, we should note that a fee of €15 euros will need to be paid by those who employ wire withdrawals.

The Trading Platform

EZTrader utilises a proprietary online trading system simply known as EZTrader. Similar in some ways to Meta Trader 4, this platform centrally displays all important metrics. These include (but are not limited to) call and put positions, current trading volume, account balances and open trades. We should also note that a smartphone-friendly system known as EZMobile is great for those who require remote access while out and about. This platform is compatible with both Apple and Android operating systems.

Deposit and Withdrawal Options

EZTrader offers similar deposit and withdrawal options when compared to the other main brokers. Wire transfers, PayPal and Neteller are all acceptable methods. Most major credit cards are accepted. EZTrader also accepts Skrill accounts for those who wish to transfer money within shorter time frames.

Regulations and Security

EZTrader is currently regulated by the Cyprus Securities and Exchange Commission (CySEC) under the licence number 203/13. Thus, investors can rest assured that they are dealing with a trustworthy organisation. This platform is quite secure and utilises SSL encryption; important for those who might be concerned about their personal data. EZTrader is one of the most respected binary options trading platforms on the market and this reputation is likely to continue into the future.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

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