EzTrader Review EzTrader is one of the first binary options broker that has been operating since 2008. Obvious by the name, EzTrader focuses on making it easy to trade binary options. The company is owned by WGM Services Ltd. which is based in Cyprus. 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. Min. Deposit
Min. Investment
Payout
Deposit/Withdrawal
$200/€150/£150
25USD
Up to 95%
Credit Cards, Amex, Moneybookers, WIRE
EzTrader Review – Trading Platform EzTrader is powered by WGM Services, which is a publicly listed company. The binary options trading platform is proprietary, meaning that there aren’t many other binary options brands that offer the same platform, this making it unique in its own way. The trading platform is very clean in its layout with the option to choose from forex pairs, stocks, indices and commodities.
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EzTrader – Assets/Instruments Review 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.
EzTrader – Special Features EzTrader offers something called ‘Sell Option‘ and the assets available under the Sell option are indicated by the figure below.
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EzTrader’s Sell Option feature allows traders to sell their contract before it expires. To Sell the option, go to ‘My Trades’ which will show you the returns you can get for selling the option before it expires. This is a very useful feature that can be used to sell your contracts and works in the same fashion as that of stop loss in forex. The Sell Option can be used in case your trade is going against you. So instead of losing your invested capital, the Sell Option will enable you to save a part of your invested capital.
EzTrader Bonus Terms & Conditions 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 fullfilled 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. If you have a withdrawal that is pending, then EzTrader will not credit you with any bonus. Example: If you deposit $200 and get a bonus of $50 then in order to withdraw your funds, you will need to trade $200 + $50 x 25 = 6250 trades. Traders should note that when calculating their volumes, placing call and put on the same option does not qualify as two trades but rather a single trade. If you make use of the Sell Option, then that trade will not count towards the volume required. Risk Free Trading: EzTrader’s bonus policy makes it easy for traders who want to withdraw their funds but are yet to reach their trading volumes for the bonus. In such cases, simply contact support to withdraw your funds. The bonus amount will be cancelled allowing you to withdraw your funds immediately.
EzTrader Customer Support Review
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EzTrader offers customer support via Phone, Email and Live Chat. Support personnel are known to be professional and knowledgable in answering queries from the most basics of account opening to trading related queries. Response times are quick via both live chat as well as email. To conclude our EzTrader Review:
this is a binary options broker that has been one of the first in the industry which brings a lot of credibility
EzTrader uses a custom/proprietary trading platform which makes it a unique trading experience
Sell Option feature allows you to sell your contract before expiry
Friendly bonus terms makes it easy to withdraw funds any time by cancelling your bonus
Good choices in terms of deposit and withdrawal options
EzTrader » Open Account
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