EZTrader Broker Review

EZTrader offers a great range of over 120 different assets for trading across the categories of currencies, stocks, indices and commodities. Their customer support is excellent and is available 24/7 for their clients’ convenience. It is also available in a number of languages, as is their website. Their software is cutting edge and is completely web based so there is no need for any downloads. It is also available on mobile devices and is user friendly enough for both beginners and experienced traders to use. EZTrader do offer welcome and deposit bonuses and they have a VIP programme for high volume traders.

Intro

EZTrader is a long established and reliable binary options broker that offers excellent educational resources, high quality customer service and an impressive range of over 120 underlying assets to its clients. Their multilingual website and customer support team are extremely useful resources while there are also helpful features such as analytical tools and an economic calendar to help clients to maximise their profits. EZTrader also offers a great range of convenient online and traditional payment options to suit the needs of a wide range of clients.

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Company Information

EZTrader was originally formed in 2008 and has become a well established online binary options broker, forming the flagship brand of EZTD Inc. EZTrader is based in Cyprus and was one of the very first binary options brokers to be licensed and regulated by CySEC and they have partnerships with a number of high profile football teams. EZTrader offers segregated client accounts for peace of mind and must comply with strict compliance procedures. Unfortunately, however, they can only accept clients from within the European Union.

Assets Available

EZTrader does not publish a full list of their available assets for trading, however there are over 120 to choose from and they do encompass all of the popular categories including currencies, stocks, indices and commodities.

Bonuses & VIP Programs

EZTrader offers two types of trading bonuses. There are welcome bonuses which may be granted once the client has registered, even if they have not yet made a deposit into their account and Deposit bonuses, which are given based on the deposit that the client has made. In order to withdraw any profits made from a bonus, clients must first have a trading volume of 40 times their bonus amount.  EZTrader also offers a VIP programme which rewards high volume traders with a range of benefits and perks like free webinars and training sessions, free gifts and signals packages. Once a trader deposits an amount over $500 they become a Bronze level VIP trader.

Mobile

EZTrader offers a convenient 100% internet based trading interface which allows seamless and speedy access as well as fast trade execution without the need for any installations or downloads of memory intensive software. This also means that traders are not tied to their PC and can access their trading account and place trades from any internet enabled device as long as they are connected to the web from any location in the world and at any time. EZTrader also offers a convenient mobile app which can be downloaded for free from the Google Play Store or from the Apple Store for Android or iOS smartphones or tablets. This offers a really useful way to keep on top of the markets and to execute trades rapidly to take advantage of market conditions at any time on the move.

Deposits and Withdrawals

EZTrader offers several payment options for making account deposits and withdrawals. Available deposit methods include:

• Maestro
• Skrill
• MasterCard
• Visa
• Discover
• Diners
• Wire Transfer

The available withdrawal methods include:

• Skrill
• Mastercard
• Diners
• Wire Transfer
• Visa
• Discover

The minimum deposit amount is $50/£50/50 Euros or the equivalent in other currencies. A minimum withdrawal amount of £100/100 Euros/$100 is required and withdrawals are quickly and easily requested online through the client’s account portal. No fees are charged for either deposits or withdrawals.

Customer Support

The EZTrader client support team can be contacted via several methods to respond to queries and to resolve any issues which may occur.

• Live Chat
• Telephone
• Web Form
• Email

EZTrader’s customer support team are available 24 hours a day, 7 days per week for their clients’ convenience. Support is multilingual and is available in the following languages:

• English
• Italian
• French
• German
• Spanish
• Portuguese
• Dutch

There is also a useful frequently asked questions section to address any basic enquiries commonly posed by new clients.

Extra Features and Resources

EZTrader has a trading resource centre where clients can use a wide range of free high quality educational resources aimed at both brand new traders and those with more experience who are wanting to hone and extend their skills. The resources include:

• Video training course
• 2 ebooks, 1 for beginners covering getting started with binary options trading and the other aimed at experienced traders covering professional trading secrets
• Tutorials – covering a wide range of subjects, these are geared towards traders at different levels of experience, starting with the basics such as expiration types and going all the way up to advanced strategies
• Glossary explaining all of the key terms that are used commonly in trading

EZTrader also has a number of other useful features to help their clients to maximise their profits these include:

• Financial calendar
• Live signals
• My Trading Analyst analytical trading tools

Verdict

If you are considering choosing EZTrader as your preferred binary options broker, there are a number of positive factors to consider, however there are also some disadvantages too:

Pros

• Cutting edge trading software that is suitable for use by both experienced and novice traders
• 100% online trading interface requiring no installations or downloads
• Instant customer support via the live chat facility
• Strong SSL encryption
• VIP accounts available
• Great range of deposit and withdrawal methods including online methods
• CySEC regulated and licensed broker
• 24/7 customer support available
• Free educational resources available
• Live signals
• Analytical trading tools

Cons

• Clients from outside the EU are unable to trade with this broker
• There is no choice of account types

FAQ

Can I trade with EZTrader using my mobile device?

Increasing numbers of traders are choosing to execute trades from their mobile devices like smartphones and tablets on a regular basis, so companies like CloseOption are mobile optimising their platforms to ensure that they offer seamless access to trading accounts and trade executions from any internet enabled device through the provision of a 100% web based platform. As no software needs to be downloaded or installed, it is possible to use the online trading interface on any type of Android or iOS device from anywhere in the world. EZTrader also offers a cutting edge mobile app which can be downloaded for free for both iOS and Android devices. This allows for seamless access to trading accounts while on the move.

Does it cost anything to register with EZTrader?

It does not cost the client anything to register with EZTrader and there are no hidden costs or fees to worry about.

Can I use modern online methods to make deposits and withdrawals?

EZTrader understands that clients are keen to use a wide range of payment methods when they make deposits or request withdrawals and therefore, they have offered a great choice of options including both traditional methods like bank wire transfers and credit cards and more modern e-Wallets.

Which currencies can be used for trading with EZTrader

When registering for an account with EZTrader clients can choose from a large number of different currencies. These include:

• US Dollars
• Euros
• Pound Sterling
• Swedish Krona
• Norwegian Krona
• Brazilian Real
• Chinese Yuan
• Russian Ruble
• South African Rand
• Australian Dollar
• Danish Krone
• Polish Zloty
• Turkish Lira

However, once you have made your choice of account currency you will not be able to change to a different currency at a later date.

English isn’t my first language, can I view the website in my home language?

EZTrader’s website is available in a wide range of languages to suit clients from a number of currencies. These include:

• English
• Spanish
• German
• French
• Italian
• Dutch
• Swedish
• Portuguese

Why choose EZTrader?

EZTrader is CySEC regulated and licensed which ensures the complete peace of mind of its clients. In order to comply with CySEC regulations, this broker must keep all client funds in segregated accounts and must meet strict compliance criteria therefore clients can rest assured that their personal and financial details are all in safe hands.

Are traders from all countries allowed to register with CloseOption?

Unfortunately EZTrader is unable to accept any clients from any countries outside the European Union.

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