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EZTrader are no longer operating on a sound financial footing and should be avoided. Review our list of brokers to find an alternative broker. EZTrader were one of the first binary options brokers, when they began operating in They are now based in Cyprus and regulated by CySec and continue to develop their own bespoke trading platform. EZ Trader take great pride in operating on their own platform, and also in their customer service.
They have also been involved with Grand National and Wimbledon, expanding their sponsorship ties. This also benefits traders, as EZTrader run promotions and competitions involving match tickets and signed merchandise. EZtrader have a slick, slim user interface within their trading area, that makes trading EZ! The type of option available are listed across the top of the trading area in selectable tabs.
Once selected, the area below populates the price graph beneath. Traders use drop down lists to select the asset class commodities , currencies , indices and stocks — stocks are then broken down further by geographical area.
If market in an area are closed, those will be greyed out. Once the asset class is selected, trader can use the next list which has the specific assets. The payout and expiry fields will update based on the asset selected — and the expiry time can be amended if desired. Once the appropriate values have been selected, the price graph in the main part of the trading area will update. The scale of the graph can be amended too, with timescales ranging from 5 minute intervals to daily intervals.
Traders enter the value of the trade in the field between the arrows. The value then updates the investment and return fields automatically, so traders can see the potential winnings. Open trades are then listed below, from here traders can go to use the SellOption if they need or want to.
EZTrader offer a good range of trading options for their clients, including the SellOption feature;. The main range is stocks. The ranges in other asset classes are not quite as large as some rival brokers, but all the well traded assets are available. EZTrader offer a free trading app to compliment the full website. The EZtrader app is compatible with iOS and android 2. Ease of use has been at the forefront of the design, to ensure trading is still quick, easy and accurate.
The application is secured with the latest financial mobile technology protocols, and deposits can be made via a number of methods on the EZtrader application.
This ensures traders are able to react quickly to changing markets or opportunities. Open trades and the account balance are also both available via the app, as are price alerts and up to date news. The app is slick and efficient and allows genuine trading while out and about.
It has also gained favourable reviews from users who have previously downloaded it. This rate can vary depending on the asset and expiry time. EZTrader offer a wide range of deposit methods, though these will vary based on the location of the trader. Withdrawals via EZtrader follow the same pattern as the majority of brokers, in that an account needs to be verified before a withdrawal can be made. This can be done at any time — so it is well worth doing early on.
Delays in verification can lead to delays in withdrawals and this is often the source of disputes or disgruntled traders. Verify accounts early to avoid these delays. As with all brokers, EZTrader will only allow withdrawals by credit card to reach the same amount as was originally deposited via that card.
Any additional profit must be withdrawn via Skrill or wire transfer. This process is the same across all brokers and is a money laundering safeguard. All withdrawals take roughly 7 days to complete according to EZTrader. This is slower than many rival firms are able to deliver, so it something EZTrader could look to improve. Here are some of the other key details regarding EZTrader ;. Android and iOS catered for. The entire platform was designed to be cross device and cross browser compatible.
This ensures a seamless experience from mobile app to desktop.