EZTrader Review
With binary options emerging as one of the most lucrative trading options in the world, there is always a necessity for more and more sophisticated trading platforms that would enhance the trading experience to a large extent. It is true that binary options trading involves a high level of risks and uncertainties, but it is also possible to curb those risks and uncertainties and gather some hefty profits with the help of a reliable and efficient binary trading platform. The EZTrader is a binary trading platform that has become hugely popular of late due to its simplicity and effectiveness.
EZTrader Basic Information
EZTrader was founded in the year 2008 and is thus one of the oldest binary trading platforms in the market at present. This broker is headquartered in Cyprus from where it mainly manages its business from. Also, they are regulated by the CySEC in Cyprus, and they are owned by WGM Services Ltd. that makes them a legitimate binary option broker. Hence, EZTraders are well experienced in all the aspects of binary trading and can offer traders with a unique trading experience in this sector. While trading through this platform investors can rest assured that they are going to have a good return on their investment as the payout offered by the platform is quite high. The asset list offered by the brokers is also quite appealing as it houses a large number of assets that traders can easily choose from. So far, EZTrader has been able to live up to the expectations of investors by helping them secure good profits within a very little time.
Web Based Trading
One of the main advantages of trading through EZTrader is that investors are able to invest their money through a web based trading platform. EZTrader was the first to develop and introduce an online trading platform and so in this regard it can be termed as a pioneer in the field of online trading. This allows people to trade from anywhere in the world and at any time they want. Unlike other trading platforms that require traders to download specific software for their computer, this platform does not limit the investors’ trading capacity to a specific computer, as you can work online anytime. Their advisors are always willing to share the knowledge with customers, every time when you open your account. This is the topmost online platform in binary trading.
Assets
In binary trading, profit and loss largely depends on the assets one chooses, and so traders should be careful enough regarding their choice. The list of assets that EZTrader offers is one of the most comprehensive lists in the market. It includes four main categories, listed as: Indices, International stocks, Commodities, Currency Pairs; they all are available in a variety, so it includes 58 stocks, 10 currency pairs, 4 major commodities and 19 indices that traders can easily choose from, according to their requirement. Such an extensive collection of assets helps the traders choose the one that has the greatest potential of yielding high level of profit. All the assets offered by this platform are directly related to the market economy and hence are able to reflect the market condition in the proper way.
Payout
The average payout offered by EZTrader is higher than the market standard. While most of the trading platforms offer 65 to 71 percent return on successful investment, this platform claims to give a return as high as 85% on successful trades. Also, since it is taken over by WGM, it even claims to give 95% return in less than an hour. Such a high payout upholds the fact that traders can easily earn a high level of profit within a very little time and with a very small investment. However, investors have to be careful enough regarding the trade in order to secure some good profits.
Low Minimum Deposit
With low minimum deposit of $200, one can open an account on this trading platform. Such a low minimum deposit allows traders from different economic backgrounds to invest money in binary trading. Hence, those who are new to the business and do not want to invest much on the very first go can opt for EZTrader. This significantly limits the probability of incurring a huge loss in the business. It is to be kept in mind that novice traders are more vulnerable to losses, and so it is better for them to go for a platform that asks for a low minimum deposit.
Customer Support
The customer support service offered by EZTrader is excellent, as clients are able to reach out to the customer care executives round the clock and throughout the week. The services provided by them are through telephone, email and online chat. Traders can chat online with the account manager to get some real time suggestion. The support service is offered in ten different languages that include English, Spanish, French, Italian, Swedish, Portuguese, Turkish, German, Russian, and Chinese. Even their website offers a very comprehensive FAQ section, which really helps the client to get good suggestions.
Investors can also trade from mobile phones with the help of the competent version of the platform. This is an added advantage for those who want to be in the business always.
Awards
Overview
| Broker | EZTrader |
|---|---|
| Official Website URL | www.eztrader.com |
| Founded | 2008 |
| Headquarters | Nicosia, Cyprus |
| Support Types | Email, Online Chat, Phone, Skype |
| Supported Languages | Chinese, English, French, German, Italian, Portuguese, Russian, Swedish, Spanish, Turkish |
| Trading Platform | In House |
| Minimum 1st Deposit | $100 |
| Minimum Account Size | $200 |
| Minimum Trade Amount | $25 |
| Bonus | 50% Bonus on $1250 Deposit |
| Payout | Payouts typically approach 95% for successful trades |
| Free Demo Account |  |
| Deposit Methods | American Express, Credit Card, Debit Card, Discovery, MoneyBookers, Postepay, Wire Transfer |
| Trading Methods | High/Low Options, Long Term Binary Options |
| Number of Assets | 100+ |
| Option Types | Commodities, Currency Pairs, Stocks, Indices |
| US Traders Allowed |  |
| Mobile Trading | |
| Tablet Trading | |
| Overall Score |  |