Year established: 2008
Minimum Deposit: $200
Minimum Trade Amount: $24
Maximum Per Option: $5000
Return Rate: 10%
Demo Account: No
Trading Functions: Binary Option, Sell Option
Languages: English, German, Spanish, French, Italian, Portuguese, Swedish and Turkish
Headquarters: Cyprus
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Trading with Ease
EZTrader offers a good collection of trading instruments made up of US as well as many European trading instruments such as indices and stocks. The overall trading experience with EZTrader is simple and intuitive. There is not much of a learning curve and you can start trading immediately after you create your account and make a deposit.
First Impression
One of the most impressive of EZTrader is the multilingual (English, German, Spanish, French, Italian, Portuguese, Swedish and Turkish) customer support that is available 24/7. Like other brokers, EZTrader offers hourly, daily and weekly trading options. EZTrader offers in-depth educational services with a free Trading Ebook and an all-encompassing video course with trading tips and strategies that will demonstrate how to trade meticulously and lucratively.
Trading Platform
EZTrader is operated by WGM Services, which is a publicly listed company. The trading platform is patented, which means that the platform is unique. The trading platform is very sleek and oozes cleanliness and the layout is top-notch and aesthetically pleasing. The platform, allows the trader to trade with ease among a wide selection of assets, including forex majors, stocks, indices and commodities.
Bonuses
EZTrader offers seasonal bonuses and promotions via email to targeted traders or to anyone in general. EZTrader’s bonus offers traders the option to trade with additional funds in their accounts. However, there are certain criteria to be fulfilled in order to claims the bonuses. Most of EZTrader bonuses are based on deposit requirements which could be either in a single deposit or multiple deposits during a business day. So make sure to read the bonus terms before you claim the bonus. Once you receive your bonus, the trading criteria is to trade 25 times the value of the deposit and the bonus.
Customer Service
Regards to customer service quality, EZTrader does not stand out. With EZTrader you can have 24/7 technical support and they provide you live chat, so that you can ask everything you want related to investment, trading or your personal account.
Deposit Methods
Withdrawals and deposits are well managed, and limits – imposed by many other brokers – are not unreasonable. Recent improvements have permitted up to 900 per cent returns on some instruments. Moreover, it is possible for traders to pick from a multiplicity of risk levels so that they can participate in trades that suit their trading habits.
Assets
EZTrader offers around 9 forex currency pairs, 41 stocks across Europe, Asia and US markets, 4 commodity trading assets and 9 stock indices. While not much of choice is offered in currency pairs, you can find mostly the majors which in fact are one of the most highly traded currency pairs, which is the same case with commodities as well as EZTrader offers 4 of the most commonly traded commodities. Traders can get a huge choice in the stocks section which covers different markets making it possible to trade with EZTrader at any time of the day.
Final Thoughts
EZTrader is a binary options broker that has been around for a long time and has witnessed the industry’s ups and downs. EZTrader uses a custom/proprietary trading platform which makes it a unique trading experience and its Sell Option feature allows the trader to sell a contract before expiry. The friendly bonus terms makes it easy to withdraw funds any time by cancelling the bonus and good varieties in terms of deposit and withdrawal options give the broker a good mark overall.
