EZTrader are no longer solvent and should be avoided. Please visit out broker page for an alternative broker.
EZTrader were one of the original binary options brokers. They began operating in 2008. Based in Cyprus (and regulated by CySec) they still develop their own in-house trading platform. Their unique trading platform has meant they can remain a world leader among binary options firms, ensuring they always improve their service. EZ Trader take great pride in their bespoke platform, and their customer service.
EZTrader have strong partners with football clubs. They were trading partners of Bayer Leverkusen, Wolfsburg, and AIK, and they are official trading firm for Tottenham Hotspur. They involve traders too, as EZTrader run promotions and draws involving match tickets and signed items.
Here are some key details regarding EZTrader;
- EZTrader Demo Account – Yes.
- Minimum Deposit – £50
- Minimum trade – £10
- Signals service – Yes. EZtrader Live Signal Service
- Bonus details – Up to 100% depending on deposit size.
- Mobile App – Yes. Available across all platforms.
How to Use EZtrader Platform
EZtrader provide a unique, simple and clean trading platform. Due to the platform being a bespoke product, the trading area is unique in it’s look and feel. The choice of options are listed along the top of the trading area in tabs. Once clicked, the screen below updates the price graph below.
Clients use drop down lists to select the asset class (commodities, currencies, indices and stocks) Assets are also further organised based on global trading markets. If trading in a particular area is closed, those assets will be unavailable. Once selected, the trader can use another list to find the specific assets. The payout and expiry fields will update based on the asset selected – and the expiry time can be changed as desired.
Once the values have been set, the price graph in the main part of the trading area will update again. The scale (time period) of the graph can be set, with timescales ranging from 5 minute intervals to daily. The trading buttons are found to the left of the graph, with clear green ‘up’ and red ‘down’ arrows for making bids and offers. Traders enter the value of the trade in the field between the arrows. This will then update the investment and return fields, so traders can see the terms of the trade.
Open trades are listed below, traders can go to use the SellOption from this area – if they want to.
EZTrader offer a full list of trading options for their clients, plus the unique SellOption process.
- Binary options – The traditional up/down trade. Will the price of an asset go up, or come down?
- Sell Option – The EZTrader SellOption feature allows traders to “cash in” their position. This means profits can be taken on winning positions, and losses cut where the trade has not worked out.
- 60 seconds – These trades are standard binary options – but over very short time scales.
- Daily/Weekly – Again, the same as standard binary options. These expiries extend over days or weeks.
- Long term – As the name suggests, these are standard binary options, but with long term expiries (months). The down side here is that EZTrader generally only offer one side of the trade – not both.
EZtrader Mobile App
EZTrader offer a free trading app to compliment the full website. The EZtrader app is compatible across all formats.
Ease of use has been at the forefront of the design, to ensure trading is still quick, easy and accurate. All of the 120+ assets that can be traded online are on the mobile app too.
The application is secure, with the latest financial mobile technology protocols applied. Deposits can be made across a number of methods. This ensures traders are able to react quickly to changing markets or updates.
Open trades and account balance are available on the app. There are also areas delivering news and events, plus market movers and other trader alerts.
The app is quick and easy to use. This allows real trading while on the move. It has also gained good reviews from users who have rated it. (4.0 out of 5.0 from over 800+ reviews).
EZtrader offer options on forex, commodities, stocks and indices. The main range is stocks. EZtrader offer stock from the Europe, the US and across Asia. The ranges elsewhere may not be the largest in the sector, but all the major assets are there.
EZTrader deliver returns of between 75% and 95% on options. This rate can change based on the asset and expiry time. For example, long term options might offer returns larger than 400%, based on how far ahead the expiry is.
EZtrader Withdrawal options
EZTrader offer a large range of deposit methods. The location on the trader will affect which options are available. The minimum deposit (for funding a new account) is £200.
Withdrawals via EZtrader require accounts to be verified before a withdrawal can be made. Verification can be done at any time. Delays in these steps can lead to delays in withdrawals so verify accounts early to avoid these delays.
Once an account is verified, withdrawals are be made by the ‘My Account’ screens. As with most brokers, EZTrader will only allow withdrawals by credit card to reach the same amount as was paid in via that card. Any profit beyond this must be taken out via a different method. This follows most firms and is part of money laundering safeguards.
Wire transfer refunds incur a £15 fee. These withdrawals take around a week to complete. This is too long, so it something EZTrader need to look at.
EZTrader offers its clients the following features and benefits:
- EZPay Meter – A nice rebate feature which allows active traders to rewards
- New education packages – A full range of education tool have been added in recent weeks.
- EZDay – These are regular bonuses made available to frequent traders.
EZTrader Demo Video:
Here is a full list of the assets available at EZTrader.
|ABERCROMBIE & FITCH CO
BANK OF SCOTLAND
BNP PARIBAS BANK
ÉLECTRICITÉ DE FRANCE
FIAT – ITALY
LAS VEGAS SANDS
RALPH LAUREN CORP