EZTrader

EZTrader is no longer operating in good financial standing and should be avoided. Check our list of brokers to find alternative brokers

Survey	Min. Deposit	Controlled	Bonus	Payment
	Binary.com		$5	95%
	IQ options		$10	90% *
	Binomial		$5	88%
	BDSwiss		$10	87%
	Ghost		$10	Pro Account 75% + 10% CB

EZTrader was one of the first binary options brokers, when they started operating in 2008. They are now based in Cyprus (and regulated by CySec) and continue to develop their pre-ordered trading platform. Their own in-house development of their trading platform has allowed them to become world leaders among binary options firms, ensuring that they are constantly improving their offerings. EZ Trader takes great pride in the operations on their own platform, as well as in their customer service. EZTrader has a long association with football – They are key partners of Bayer Leverkusen, Wolfsburg, Tottenham, and AIK. They are also involved with the Grand National and Wimbledon, extending their sponsorship ties. This also benefits traders, such as EZTrader promotions and contests involving contest tickets and signed merchandise. Visit the website and search for ‘EZTraderFC’ for details.

Trading Platform

EZtrader has a slick and smooth user interface within their trading area, which makes EZ trading (!) Due to the in-house developed platform, the trading area is unique in look and feel. The available option types are listed at the top of the trading area in selectable tabs. Once selected, the area below displays the price graph below. Traders use the drop down list to select asset classes (commodities, currencies, indices and stocks – stocks are then further broken down by geographic area.)

If the market in the area is closed, they will be sliced). When an asset class is selected, the trader can use the next list that has a specific asset. The payout and expiration fields will be updated based on the selected asset – and the expiration time can be amended if desired. Once the appropriate value has been selected, the price graph in the main part of the trading area will be updated. The graph scale can be changed as well, with time periods ranging from 5 minute intervals to daily intervals. Trading buttons are placed to the left of the graph, with green ‘clear’ and red ‘down’ arrows. The trader enters the trade value in the field between the arrows.

The value then updates the investment field and returns automatically, so traders can see potential wins. Open trades are then listed below, from here traders can go using SellOption if they need or want to.

 

 

Trader’s Choice

EZTrader offers a variety of trading options for their clients, including the SellOption feature;

• Binary options – Traditional top/bottom trading. Are asset prices up or down?
• Sell ​​Options – The SellOption feature is where traders can end their trade early or “cash out” their position. This allows users to either lock in some profits where trades are going well, or cut losses where prices have moved against the trader. It is a feature that helps traders maximize profits.
• 60 seconds – This trade follows the standard binary options pattern, but the expiration time is very short, as the name suggests, 60 seconds or less.
• Daily / Weekly – This follows the same rules as standard binary options, but the expiration time is the market close of the day, or the market close at the end of the week.
• Long-term – Long-term binaries are a growing choice among traders who choose their investments to have enough time for policies to have an impact. Again, they operate just like regular binary options, but with a longer expiration time. From two weeks, to twelve months. At EZtrader, long-term options tend to have only one outcome that can be traded – not both directions as with other trades.

The firm also offers options on forex, commodities, stocks and indices. The main range is stock. EZtrader offers stocks from US, Eu and Asia. The range in other asset classes is not as large as some of the broker’s rivals, but all traded assets are available.

Mobile App

EZTrader offers a free trading app to compliment the full website. The EZtrader app is compatible with iOS and android (2.3.3 and above), and has been developed for smartphones and tablets.

Ease of use has been at the forefront of the design, to ensure trading is still fast, easy and accurate. All 120+ assets that can be traded online, can be traded through the mobile app as well. This application is secured with the latest financial mobile technology protocols, and deposits can be made through several methods on the EZtrader application. This ensures that traders can react quickly to market changes or opportunities. Open trades and account balances are also available through the app, as are price signals and the latest news. The app is smooth and efficient and allows genuine trading in and out. It also gets favorable reviews from users who have downloaded it before. (4.0 out of 5.0 from over 800+ reviews).

Payment

EZTrader typically offers returns between 72% and 95% on options. This rate can change depending on the asset and the time of expiry. For example, a long-term option may offer a return of over 400%, depending on how close the expiration date is.

Withdrawal and deposit options

EZTrader offers a variety of deposit methods, although these vary based on the location of the trader. Options for UK depositors are Credit Cards (Visa, MasterCard, Amex, Diner, Discover), Skrill (also referred to as Moneybookers) and wire transfers. The minimum deposit (to fund a new account) is £200.

Withdrawals through EZtrader follow the same pattern as the majority of brokers, where accounts need to be verified before withdrawals can be made. This can be done at any time – so it’s worth doing ahead of time. Delays in verification can cause delays in production and this is often the cause of disputes or disgruntled traders. Verify the account early to avoid this delay.

Once the account is verified, withdrawals can be made through the ‘My Account’ screen. Like all brokers, EZTrader will only allow withdrawals by credit card to reach the same amount as was originally deposited through the card. Any additional profits must be withdrawn via Skrill or wire transfer. This process is the same across all brokers and is money laundering protection.

Wire transfer refunds cost £15. All withdrawals take approximately 7 days to complete according to EZTrader. This is slower than many competing companies can deliver, so something EZTrader could look to improve.

Other features

EZTrader offers its customers the following features and benefits:

• EZPay Meter – A simple meter to show back the cash that will be paid on the next payment date. Good rewards for regular traders.
• Low trade minimum – Only £20 per trade.
• EZDay – Regular traders get a free bonus at the beginning of every month through EZDay.
• Exclusive Bonus – Deposit £500 and get an Education package worth £5000.