Year Established: 2008
Min. Deposit: $200
|Doesn't Accepts US||Regulation||Payout|
|Up to 85%|
EZTrader is owned by WGM Services Ltd. incorporated in Cyprus. EZTrader was established in 2008 and was the first to develop an online Binary Options platform. EZTrader utilizes its own trading platform. They are a fully licensed and regulated broker by CySEC.
EZTrader Review Summary
Customer Service: 24/5 Live Chat was responsive on the different times of day that I utilized it. The US 1-800 support phone line was also responsive with a live operator, although when I tried entering my number for a call back it didn’t seem to work.
Deposit/Withdrawal: Deposited with credit card and was able to activate right away. Withdrawal was completed within their suggested time frame.
Trading/Execution: Execution was fast.
Features: Offers only Call/Put trading with the SellOption feature on some assets.
EZTrader provides a light and simple trading platform. Some items which stand out are as follows:
- Low minimum account requirement of $200.
- Home page opens to trade screen.
- SellOption feature helps reduce losses on losing trades.
- Reduced trade risk – get back up to 10% on losing trades.
EZTrader is an excellent choice for a trader focused on trading standard Call/Put Binary Options.
To open an EZTrader account click here.
Assets Available to trade: Assortment of Asian, EU, US Stocks, Currencies, Commodities and Indices
Currencies Accepted for Deposit: USD ($), EUR (€), BP (£)
Minimum Deposit Amount: $200, €150 or £150
Deposit Methods: Visa, MasterCard, American Express, MoneyBookers
Withdrawal Procedure: Withdrawal to original credit card up to deposit amount. Profits are sent via wire +$25 fee or through MoneyBookers. Funds are received within 7 business days.
Support: EZTrader has a 24/5 (Mon – Fri) Live Chat. They have call back phone support. Submit your number and they call you back within 30 seconds from most countries. They also have a US and UK support numbers available 24/5 (Mon – Fri).
Demo Account: They do not offer a demo account.
Bonus Structure: Offers Deposit bonus 15-75% depending on deposit amount and promotion of the week.
Trading and Features:
Upon opening the EZTrader home page you are immediately presented with a trading screen displaying what they call the Trading Area.
EZTrader has a simple straightforward trading platform. They offer only Call/Put Binary Options with a range of asset classes to choose from on the trading screen.
Click on a trading asset class and a list of assets from that class are displayed on the screen.
Trader clicks on Call or Put to open trade window:
In the above example trader has invested $100 on a Call – If the trade expires above execution price of $40.675 trader profits $76 or 76%. If it expires below $40.675 he loses $90 or 90% of investment.
Clicking on SellOption lists a selection of Binary Options that can be sold back to EZTrader for a fee.
Click the SellOption button and EZTrader gives offers to buy back the option before the expiration price.
To further explore the EZTrader platform or to open an aqccount click here.