Is EzTrader a Scam? Read This Brutally Honest Review

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EzTrader
Regulated: CySEC

Broker Name:	EzTrader
Platform:	EZTrader
Founded:	2008
Bonus:	50%
Return/Refund:	70-81%/0-10%

No. Of Assets:	121
Regulated:	CySEC
Demo Account:	No
Minimum Deposit:	50
US Traders:	Not Accepted

Last Updated 09/23/2020

EzTrader Review

by Martin Kay

EZTrader was once considered to be a pioneer in the binary options industry. Founded in 2008, EZTrader is owned by WGM Services Ltd (Win Global Markets), a company that became regulated in 2013 by the Cyprus Securities and Exchange Commission (CySEC) under license number 203/13 (license date 14/06/2013). Their registered address is 11, Vizantiou Street, Office 401, Strovolos, CY-2064 Nicosia, Cyprus. They are also registered in a lot of other European countries such as Spain, Italy, Germany, France, Sweden and many more. WGM Services LTD also owns the following CySec regulated domain: www.ezinvest.com. The EzTrader inc is publicly listed and has suffered millions of dollars in losses in 2016.

Is EZTrader a Scam?

The answer should be no, but we’re not so sure anymore. EZTrader is regulated by CySEC license number 203/13, Sponsors of 2 several Football sports teams from Germany’s DHB Handball, and Italy’s A.S. Roma football club, England’s Tottenham football club and Liverpool’s Grand National horse racing, and invests large efforts and resources to attract potential investors. They also invest in maintaining effective costumer support system with live chat and constant loyalty bonus offers to it costumers. On the downside, we’ve witnessed quite a few complaints regarding EZTrader, and those should not be ignored. We strongly recommend following the discussions below (on the comments section) before choosing EZTrader as your broker.

Update February 2017 – We notice a big drop in traffic to EZTrader.com in the past few months. The traffic now is about 6 times less than it used to be in October 2016 and prior to that. Whether the drop in traffic is as a result of making huge investments or is due to a number of fines from authorities, or a result of both, remains to be seen.

Notice!: Searching for a Trusted Binary Options Broker in the UK? Check out our list of trusted brokers..

Editor’s Note- Why does EzTrader Sucks in 50 Words?

According to EZTrader, their goal is to make Binary Options trading “easy”. Well, in my opinion they have succeeded…but I think they even surpass their own expectations because in their attempt at making trading easy, they leave out a lot of useful features and the platform is just too basic. It may still be a good platform for really green traders, but not good enough for the experienced ones,and even the green ones will get bored with it pretty quick.

Why EZTrader doesn’t Suck in 50 Words?

They recently updated their website and the effort is commendable. It looks more crisp, the design is adapted to the current standards in the industry and overall, they improved a lot since our first review was presented. It’s also a regulated, stable broker.

Should I Open an Account with EZTrader?

Eztrader offers traders online consulting advisors who will be more than willing to share their knowledge of the market with you once you open an account. Generally they seem to be a nice and friendly binary options trading company. One of their recent improvements is the asset list: 91, more than double the amount they had previously.

Types of trading include high/low digital binary options, that’s it. There are not any range, boundary or one touch options available. Expiry is limited to intraday, weekly, monthly and 60/90/120 seconds, there are several expirations each day. The asset list is also not quite up to par in my opinion. The have indices, stocks and a few commodities but only 15 forex pairs, which is really odd because in my experience most binary traders are trading forex more than anything else. In fact, out of all the binary options brokers I have reviewed and used this one has the least going for it.

So, why does EzTrader suck? Because there isn’t much there. Although they have improved I still believe the thinking type of binary options investor should go for a more reliable and professional broker, not to mention one that provides a more complete trading service. In my opinion, EZtrader has over-simplified the trading of binary options.

Update February 2017 – This company has a growing number of fines and warnings from regulators and complaints from their clients. It’s the regular shady and unprofessional approach with bad account managers who will do everything to rip you off and impossible or difficult withdrawals. They also lost their sponsorship with a Swedish Football league mid-2016 after EZ Trader was fined and their crooked history was unveiled in media. We recommend our readers to look at serious companies instead of EZ Trader.

EZTrader Complaints

Being around for so long, it’s easy to find comments about EZtrader. A simple search for EZtrader complaint, scam, fraud, etc will discover lots of information about that company. Most complaints are negative, but that’s conventional since most complaints come from unhappy costumers or competitors. Either way, there are lots of complaints so I can only assume that a few of them are possibly true. Mostly it comes down to withdrawals, which should be easy, but due to the high number of bonuses offered are often not able to be made. Time and time again I have come up against another complaint about not getting withdrawals, even if they aren’t true there are just too many to ignore, especially when there are so many brokers that are more trustworthy.

Update 2017, most comments are old but remember their traffic is now 6 times less than before so it could be less people are doing business with EZTrader to make complaints. However, checking the most recent comments they are negative; people have lost money due to crooked account managers and withdrawals are still a big issue.

EZTrader Regulatory Announcements and Warnings

25.10.2016: US SEC Fins EZTrader $1.7 million. Source: SEC 2016-236.

29.04.2016: French AMF warns against EZ Trader. Source: AMF-France.org 2016.

27.11.2015: CySec fines EZ Trader for 340,000€ for Money laundering policies and misguiding advertisement among the reasons. Source: Cysec.gov.cy 11/15.

26.03.2015: CySec fines EZ Trader for 10,000€. Source: Cysec.gov.cy 5/16.

Notice!: Searching for a Trusted Binary Options Broker in the EU? Check out our list of trusted brokers..

EZTrader Bonus

The bonuses are limited by time to 90 days before expiring. Within this period of time, you must reach a trading volume of 40x the bonus amount. For example, 500 bonus means 20 000 in volume must be reached within 90 days. You can withdraw your own funds at any time but that means the bonus will be canceled, you will lose all profits and any losses will deducted from your balance. There is no mentioning of how much bonus you can get.

EZtrader Withdrawal

The minimum withdrawal is $100which is strange since the minimum deposit is only 50… This means once you make a deposit, you cannot withdraw unless you make money or an additional deposit. There are however no withdrawal fees.

EzTrader Ratings

User Friendly 17/20
EzTrader is a Simple and user friendly site. Due to its simplicity it may be the easiest site of them all. The Help and FAQ sections are useful tools which help its traders understand the basics of binary option trading. No software download is needed, as the EZTrader platform is 100% web-based.

No. of Assets and Expiry time 17/20
EzTrader offers 78 stocks, 24 indices, 15 currencies, 4 commodities, in total 121 assets for purchase. Expiry times now include 60/90/120 seconds, weekly, monthly and intraday 5/10/15 minutes etc.

Commissions, Support and Effective return 17/20
EZTrader does not charge any fees or commissions from its investors when they purchase options. The Effective return goes as high as 95% for certain assets and the refund for Out of the Money trades can reach 15%. However I haven’t seen any single option with such high returns. The Customer Service is available by phone on 4 international numbers and by email. Additionally there is a live chat where they respond immediately.

Update 2017, the live chat was not available and I could only leave a message, the returns are now very low at 81%.

Deposit, Payment and Bonus 17/20
Depositing is available via Credit cards, e-wallets and Wire transfer; accounts can be held in US Dollars, Euros or Pounds. Payment is available via credit card with no fee charges but only as high as the initial deposit. If you choose a wire withdrawal, you will have to pay a 15 euro processing fee. The Bonus goes as high as 50% but the trading volume required for a withdrawal must be reached within 90 days according to their Terms and Conditions. Deposits and withdrawals can be made by Skrill which is a huge plus.

Update 2017, there is no mentioning regarding how much bonus you can get but the requirement on the volume is 40x the bonus and the time limit remains at 90 days.

Website Extra’s 10/20
There really aren’t any extra’s here. They do have a sell option feature but that does not make up for all the other shortfalls.

EZTrader Overall Score 78 + Regulated (+3) – *Low User Rating (-5) : 76/100

*In case a broker receives a low user rating bots (X<50) our team deducts 5 points of the overall ratings.

Notice!: This broker is rated below average among our members and staff. Start your trading career with a Top Rated Broker Now!.

122 Responses to “EzTrader”

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Gary
11/15/2017 11:00

\My withdrawal of $100 small amount
My withdrawal of $100 small amount was dragged on for more than 10 days shows Eztrader is desperate for your money. BEWARE for small and big investors.
Bearing in mind Extrader was suspended by CySEC in 2014 means they have not changed and merely cover-up their leopard skin and would scam you whenever possible. BEWARE also that their trading platform is unstable & their Acct Manager useless and would not help you when your withdrawal dragging too long. Better stay way from this
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Bjarne H. Jensen
02/07/2017 18:53

I would say that it is
I would say that it is FAKE we each lose a lot of money, and every time says EZ trade that we just need to send 2000 Eur so they’ll help get our money back but no no no they close my account with 1700 Eur at and now I can not get them so I say it is FAKE greeting Bjarne H. Jensen from Denmark
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Jemmy Tanubrata
02/06/2017 19:21

EZ Trader
EZ Trader, they still owe me about $600 and they made excuse that was bonus money, which was not.
I made deposit of $4250, they freezed my balance because of inactivity for $5900, they should return my money for about $1700, but after withdrawing $1000 and wanted to close my account and withdraw the rest of the fund, they claimed that the rest of the amount was bonus.
I am still in the process of filing a complaint to Vanuatu Security Comission, and hoping to get my money back.
Hint: To withdraw you money without problems don’t tell them that you want to close your account, otherwise they will make the same excuse as they told me
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Harry Leong
09/19/2016 12:59

I wouldn’t be concerned about delayed
I wouldn’t be concerned about delayed withdrawals. Sometimes they take longer than expected but it will come through. You can also check with your bank.
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Veress
09/11/2016 14:20

Prompt support
Prompt support, quick sign-up and very good payouts, withdrawals are within the said time-frame and I’m still trading with no problems. Maybe I’m just lucky but I do recommend them for sure.
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TCole
09/05/2016 09:15

I'll be fair here
I’ll be fair here. EZTrader is regulated and that’s obviously important and required by law. But they have got to make a demo version available to clients. How else can you try it out before depositing?
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Magnus
08/31/2016 07:36

No problems for me
No problems for me. The only issue is trying to make money and not just pennies. All service-oriented stuff is smooth.
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Koffie
08/22/2016 20:20

This account manager at eztrader called
This account manager at eztrader called me and explained things. He then told me to deposit € 1.000. I said I already desposit € 200 and I didn’t want to deposit more yet. He then told me he only works with people that deposit at least € 1.000… After that he said bye in an unfriendly manner and hung up. Withdrawing my money.
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L. Cartwright
08/07/2016 07:16

It would be nice to provide
It would be nice to provide a demo for new comers. It helps to practice without real money initially though I have to add that there is a lot of training material to use and the account managers provide guidance.
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J. Kucharski
07/31/2016 12:10

EZTrader has the cleanest layout and
EZTrader has the cleanest layout and clearest directions for getting your account set up in no time. The steps are clear and precise and the actual trading area is the same.
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Tim Naumann
07/26/2016 10:02

Well
Well, in terms of a clean site and clear sign up instructions and the fact that they are a regulated broker makes me confident enough to trade on their platform. In terms of how successful I’ll be, that we’ll just have to see.
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Isaac D.
07/25/2016 07:18

I don’t know why so much
I don’t know why so much noise has to be made about the normalities of platforms. I’ve also had a couple of incidences where there were problems with the platform but what do you expect? To never encounter problems. Issues are resolved and you move on and continue trading. No use causing a commotion over things that are commonplace and happen.
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Maddy
07/20/2016 09:11

I personally don’t understand too much
I personally don’t understand too much about stocks. I mean I recognize the companies but I try and stick to the easier stuff for now like currencies. As I carry on, I’ll hopefully know what to do with the rest. Nice experience though, learning something new.
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Teresa Barnes
07/17/2016 07:34

One of the nice things I
One of the nice things I noticed about EZTrader’s platform is its Education Center. Even though I get help with what I don’t understand the center has easy and in-depth explanation for all aspects of trading. It also has free ebooks. They really have put in the extra effort.
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Sean B.
07/12/2016 10:07

Unlike what I’ve read so far
Unlike what I’ve read so far, my experiences with EZTrader are more positive.
I recently signed up with EZTrader and honestly have no clue about how to trade, let alone binary options. I simply had heard about through some acquaintances and so far I’m impressed with their assistance.
I had an agent call me up and after I explained to him that I was completely new to all of this he started explaining everything from the beginning, including what a binary option is. The platform itself is very easy to use and understand as well once you get the ball rolling.
If complaining and being skeptical is your thing then I wouldn’t recommend you to use any service offered out there from anyone. Not to be rude but out of all the scams out there that should be ridiculed, it upsets me to see negative comments about a platform that is clearly not a scam.
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Tanya
05/30/2016 11:46

I traded with eztrader several times
I traded with eztrader several times and I had no problems, I also didn’t have any money issue. I definitely will trade again with eztrader.
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Eztfake
05/07/2016 23:08

Hi Larry
Hi Larry.. or what your name is.
If you have good experience… you are involved
Little info every one else. Larry knows this already,
Eztrader are regulated under the name WGM Service ltd.
In November 2015 CySEC gave Eztrader the highest fin
last year, 340000 Euro. The reason was that they had been
lying about their names.. as Larry, they had traded with their
clients money=fraud. and 14 points more. There is nothing
with this company that honestly. Nothing.
Read “Wolves of Tel-Aviv” and you will read how they
make business. The article is = Eztrader. They aren’t
from Cyprus.. They are responsible
for ultimate4trading, officeproffs, optionavigator and
all scam robots that use Eztrader. You have to know
that if you win money, they loose.. You also need
to know that they aren’t following the assets.. Oops
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- Jemmy Tanubrata
  02/06/2017 19:30
  
  So that's why they change from
  So that’s why they change from Cyprus to Vanuatu.
  If some one still don’t believe that this is a scam, check their website, they are not registered in Cyprus anymorem but in Vanuatu. I guess because their license in Cyprus was canceled
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Larry
05/05/2016 11:29

I have been trading with 3
I have been trading with 3 different brokers and I can tell you that eztrader is not scam! I had many questions to eztrader’s support team and they guided me and helped me a lot.
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Kev Richards
01/28/2016 01:10

Got hooked in by optionavigator and
Got hooked in by optionavigator and lost £200, tried again lost another £200. Then the phone calls began. If you deposit £1500 we will double it and give you one to one instructions, your money is safe and can be withdrawn at anytime blah blah blah. Like a mug I fell for it. Needless to say no instruction was forthcoming, tried withdrawing only to be told of the 25 x trades rule. When i told them I was advised money was safe, “we will look into it”. Months later still arguing with them. Eventually reported to Cysec who are as much use as a chocolate fire guard. After 0 months I finally got a reply from Cysec saying they had fined Eztrader but could not help get my money back and would disclose who much they were fined. Trading problems were moved entry points, at last minute they would quickly move wining post and when in a heavily trending market you could not place a deal. I’m sorry this platform is temporarily unavailable would be all you got. Strange only when they couldn’t cover your trade it happened.
I am really surprised that this site actually recommends them. Steer well clear if you want to keep your money
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- will
  02/15/2016 03:10
  
  Hi Kev
  Hi Kev.R. Howsit going.I’m new, and looking at all the complaints,it’s not good.
  The review editor must get a good pay to say that EZT is reasonable.
  Seems Cysec are suspect. Not sure if I should continue, but I need the cash.
  Who is the best Trader out there. I got sucked in by the Ultimate4 trading tool
  who recommended EZT. Will.
  00
Milton
01/21/2016 11:21

I have put a deposit of
I have put a deposit of $1000usa to open a account before I summit my full application I advise them I dnt want to proceed and close my account. Is been now 2 weeks that I try to get my refund deposit. Lots of emails back and front but no auction. In one email they ask me to email them my credit card front and back, so to refund the deposit. they had my details to refund my deposit and am still waiting.
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Svetoslav
01/19/2016 15:12

Based on my personal experience EZTrader
Based on my personal experience EZTrader.
You can not expect to make a withdrawal onece you have made a deposit or profit. What the others write is true -hey start postponing with all possible lame excuses and explanations.
In my case as I kept insisting, in the end they closed my account some days ago!!! The reason – their server has suposedly given me wrong quotes! Can you believe that a company whose busines is to give you quotes will have a problematic server and will make wrong over 900 quotes.The worst part is I can not clame the EURO 1802 that I had as a withdrawable balance on my accout before they closed it.
DO NOT BE MISTAKEN TO EVER TRADE WITH THEM!!!
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STEVE
01/06/2016 15:04

Ultimate4trading auto trading software which is
Ultimate4trading auto trading software which is a total SCAM, use this broker. Also any broker that makes withdrawal so difficult cannot be trusted as they are obviously not honest. I have a pending withdrawal after repeated threats and messages to them and we will see if I actually get my money back. The minimum deposit was $200 which was minimal so I tried it and immediately noticed the auto trader alerts were way off, I would never risk such trades with my normal FX trading never mind binary, you can see the alerts are just random picks with no fancy algorithm behind them. I tried then to withdraw the money without trading and the message popped up that I needed to complete 3 trades first.
Ridiculous but fine, I very carefully ran 3 trades thru on 60 seconds with strong trends and won 2 out of 3.
Risking $25, 2 out of 3 trades only made me $11 profit, so already they lied and stole money at that point.
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Dave
01/02/2016 00:01

Like Chris
Like Chris, I used Ultimate4trading’s demo. I got the same impression that it was very good BUT so good that it raised my suspicions. Also I found that EZtrader was the only choice available as broker. I have now looked at as much info as I can find about EZtrader, and I am less than impressed. In fact my conclusion is that all the stuff about Ultimate4trading is a pure scam to suck the unwary into depositing real money with EZtrader which they are very unlikely to ever get back. It’s a very elaborate scam admittedly but it is a scam just the same! All the videos, interviews with Ultimate4trading inventors, so-called awards, comments by satisfied users – COMPLETE FABRICATION. Just my opinion; what does anyone else think?
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Chris
12/29/2015 13:11

Okay
Okay, so I find this new trading platform called Ultimate4trading and create an account to have a play. The demo account is great, but when I want to activate my account, a new page with EZTrader comes up. Have you heard about this?
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EZmoney
11/16/2015 16:28

All that EZTrader is a cleverly
All that EZTrader is a cleverly worded contract that has been developed to trap peoples’ money after they have been drawn in by one of the many clever marketing sites on the internet.
Personally I spent around an hour researching an affiliate website of theirs and came to the conclusion that nobody could be so evil as to take advantage of people to that level. To create 10s of websites and use sales and marketing techniques purely to take non-experts money.
And to be fair the affiliate website didn’t take my money… EZTrader seem to be looking after it form me until I jump through their unreasonable hoops.
Send us copies of your most private documents (that can easily be used to create a false identity and commit fraud) so we can prove you are not money laudering seems strange as I have already been allowed to (accidentally) place a trade. Surely you would need to ascertain that I was not a money launderer before I could make a trade not use it to hold my money.
The whole thing is probably legal in writing but the way it works is very underhand and I wonder if any of the EZtrader employees would send us their private documents? unlikely.
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David
10/17/2015 14:59

THIS IS NOT A COMPLAINT
THIS IS NOT A COMPLAINT.
I live in the United States and I opened and funded an account with EzTrader. When I went to make a trade, I was blocked by the United States Government to access EzTrader. After the shock of this notice and thinking my money I deposited was lost, I sent a request for a refund of my deposit and to please close the account. I attached the message that I received from the USA embargo of their brokerage company. Within days I received a message that I would be refunded and by the end of the week I my bank account credited my full investment originally structured with EzTrader.
I’m writing this to help support a brokerage company that was fair in there dealings with me. Maybe they are seriously trying to change their image. If, in the future this USA embargo lifted, I would again invest with this brokerage company, just on the simple fact of how they treated me.
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Harold
10/09/2015 15:12

Pretty good broker eztrader
Pretty good broker eztrader, for the moment no problems at all.
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- Ezttruth
  10/11/2015 19:20
  
  Hi Harold I hope you realize
  Hi Harold
  I hope you realize that nobody that have really have deposit money, thought that have used legal regulated services that was illegal that’s equal as taking the traders money and put in there own pockets and event made some trade by them self, really wood believe you. People that you have a name.. and you know it.. Your name not Harold as Rick P’s name isent Rick P.. If you had a “Suport responsible” at a company.. Wouldn’t you show his face? So next time when you meet “Rick”, “Harold”.. say hey.. It might be in in mirror.. PS.. Ask him to ask the questions..
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Ezttruth
09/22/2015 20:21

Hello Rick 1
Hello Rick
1. Bonus. You call up you new customers and “pretend” to give them a “Bonus”. The sad thing is that the customers don´t understand that if they will not fulfill 25xBonus you will withdraw all winning trades from the account. The real name for this is SCAM. You are ripping people of there savings.
2. Don´t know what you are answering but my question to you was. WHEN YOU DEPOSIT YOUR MONEY YOUR BOX ARE PRE HATCH. ITS BANNED IN EUROPE. ITS MEEN THAT THE CUSTOMER HASENT APPROVED YOU BONUS. YOU HAD.
3. Evaluate please.. You have been writing on forum that “if the customer isn’t satisfied with your trader they can trade by them self”
Now you are saying that its only the customers that is allowed to trade on their found or???????
What about you Account Manager John Davidsson, David Parker, Cameal Swan, Steve Owen, Tony Peters, Chris Marlen….. and more, that have been trading on clients funds according to info on internet.
PLEASE EXPLAIN RICK.
4. The market is real… Yes Rick. Its real. You should following the assets. The problem is that you are not. You are manipulate the assets, you are manipulate the strike and closing price. Check youtube and many sites.
And yes. I have compared with Nasdaq, Reuters.. and many more. It dosen´t match.
5. You said earlier that you wasn’t responsibly for the graphs when customers complained that the graphs did´t match the strike price. PLEASE EXPLAIN. ARE YOU RESPONSIBLE FOR THE GRAPHS AND THAT THEY ARE MATCHING THE YOUR MANIPULATED ASSETS? Answer is that you are.. So if the graph suddenly make a jump
when a customer want to trade.. is you how have been adding a little jump is your fake assets. Check youtube and many sites on Internet.
6. EZTRADER has only one goal and that is to fraud people. Why are Im saying that. Because you are lying to your customer that Eztarder want them to win when you in fact want them to loose. The opposite. Thats not so strange that you want you your customer to loose because otherwise EZT wouldn’t exists. The fraud and scam is that you are lying for the customer and that you are manipulating trades. You know that you are. Have asked you about specific trades and you haven´t been able to answer. Why? Because you can´t.
About your regulation. If CySEC would be able to work faster and if all customers that have been fraud send in a complaint you would´t be regulated. The problem is also that people don´t know that they have to send in a complaint to CySEC otherwise the will not found out. The second problem is that most of your customer haven´t realized that they have been fraud.
Please answer Rick…
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Rick Patterson
09/21/2015 09:20

Hello Ezttruth
Hello Ezttruth,
1. The bonus is an amount of money offered by our company to our clients in order to help them increasing their profits and trading with a biggest margin.
In return, the client has to trade a certain amount of time (called the volume) to be able to withdraw this bonus.
The volume is calculated the following way: amount of the bonus * 25.
The client can accept or not the bonus when he makes the deposit. We can also remove it anytime if the client wants to withdraw.
2. The EU questionnaire and the documents are for the client’s security, as we are 100% committed to protect the client or the company, from identity theft or money laundering.
We have to make sure that the person who deposited is indeed the card holder and that it is not fraud.
This is a standard procedure and will only have to be done once.
All transactions have to be carried out and verified in accordance with strict AML (Anti Money Laundering ) regulations.
3. There is no such a thing as illegal trades. The trader is the one who is trading and he is the one that decides on every trade.
4. The market is absolutely real.
The prices are given by our bank Leverate. The client can decide to take the trade at a specific price or not take it.
The closing prices are exactly the same as the real market and the client is more than welcome to compare it with financial website such as Bloomberg or Yahoo Finance.
5. We have our own platform and material (videos, education center etc…) and do not operate through a third party.
6. Our company has no interest in doing that because 1. we would lose our clients 2. we would lose our regulation and 3. because we would lose our reputation and therefore on a long term, all our clients.
7. Our customer service is available 24 hours 6 days a week (even the Sunday) and take less than 24 hours to reply to any email.
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Rick Patterson
08/12/2015 11:35

My name is Rick Patterson and
My name is Rick Patterson and I am the account manager at EZTrader.com. EZTrader is definitely not a scam. EZTrader is a reputable and secure broker which supplies the highest of standards in the binary options market.
1.) Bonus is given to our traders to be used as a tool to leverage your success in trading. You can forfeit this bonus at any point.
2.) You are prompted to read and agree to our Terms and Conditions AT LEAST twice. Once when you open an account with EZTrader, the second time when you make a deposit. If you have not read through and agreed on our Terms and Conditions, then you cannot begin trading with EZTrader.
3.) The withdrawal process is in strict compliance with what is written in our Terms and Conditions. Every trader can withdraw if he is in compliance with the Terms and Conditions.
4.) All trades are in live markets
5.) The graphs that EZTrader uses are produced by a different company. Any issue with the graph is not the responsibility of EZTrader.
6.) In addition to what was said in Number 2, the terms and Conditions addresses how EZTrader handles the bonuses, trading activity, withdrawals, etc.
7.) With regard to your interaction with any EZTrader representative, I am sorry that you were not satisfied with the service.
Please feel free contact me if you have any further questions or concerns. My e-mail is [email protected]
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- Ezttruth
  09/13/2015 20:35
  
  Okay Rick
  Okay Rick. Lets correct your answers.
  1. The Bonus is only to force the traders to trade more because if you Know that over time they will finally loose.
  The reason is that you manipulates the strike prices and have manipulate the past experis. You also stop trades to trade on good trades. If someone Wanås to stop the T & C gives to x% of the winning trades due to the amount of bonus the have been fraud to take.
  2. You can enter your website with prehatch boxes wish is banned in EU. When you are deposit the money and get the bonus the Box is prehatch. How have accepted the T & C? Answer… You have.
  3. Guess you right, Waent able to withdraw anything because you trades away everything illegal.
  4.Its not on the live market. Its a bet between you, Eztrader, and the customer. One loose.. The other win. Reda you Sec filling form 10-12G/A.
  5.lie Again. Read the form 10-12G/A. I quote. “As a result of our self-developed proprietary technology, we pay no external license fees for our core Trading Platform technology. This allows us to operate with internal timeline and allow flexible account management with customers not limited by third party limitations from a platform service provider.”
  For you how dont know the Sec filling form 10-12G/A is a document that Eztrader has to fill in and send to US Sec. In the form the explain how there buissness works. So you are in total control over your graphs.
  6. See above. You manipulates the trades. = stealing trades money.
  7. You dont have a service because your buissness is to fraud people.
  So My question to you Rick. Didn’t you knew this?
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Jonathan
07/08/2015 16:16

Stay away from this site 1)
Stay away from this site
1) DO NOT under any circumstances accept a BONUS, they will try and add one without your consent, under the excuse they are trying to help by providing more money for you to use.
2) At NO point during the conversation do they state that you must read their terms and conditions, especially concerning Bonus and Withdrawl.
3) They will NEVER allow you to withdraw your money, they want you to loose it all through trading.
4) The implication is that you are trading live markets, (You are NOT) you are trading against the company EZTrader.
5) If you check their graphs against real time graphs, you will see they are NOT the same, EZ Trader seems to be in a completely different time zone.
6) Striking a price, if you use their graph to place a trade, you will find that the price on the graph does NOT match the strike price in their placement panel on the left, often it is at a price that will create a losing trade, hence, you will loose.
7) When there are good trading opportunities, they will frequently prevent trades being placed, by displaying a warning notice which appears AFTER you have tried to strike a trade.
8) They do not respond positively to any e-mails, (if you get a response at all)they become very aggressive, when it is pointed out about the price difference between the graph and strike, they simply state, you must check the price being offer NOT the price on the graph. Is this explained to you when you open an account NO.
9) when you raise the question regarding Bonus, they simply state ” Read the terms and conditions they are available on the site” which they are, but, when you are opening an account, they do NOT offer this advice, they make it sound as though they are your generous buddies.
10) To convince you to open an account they will send you screen shots of various traders, and the huge success they are having, this is all bull shit, they are taken out of context and if you check the dates they are old.
In summary, this and its associated companies are part of one HUGE SCAM, if you open an account you WILL loose ALL your money, they will NOT let you withdraw a single penny.Your better off at a casino.
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Peter
06/15/2015 06:26

They let you win in the
They let you win in the first week, they give you even a bonus and then they take all your money! In my case I was sick for a very long period, they did de-activate my account and took all my money!!!
Their answer, you should read our terms and conditions, we are not a bank, after 7 months of in-activity we take all your money.
…….
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Rick Patterson
06/14/2015 10:07

Hi Christopher
Hi Christopher,
The bonus is a tool to leverage your success in trading. It is not, however, a a tool for safe trade. You do not HAVE to take the bonus and even if you did decide to take it, you can forfeit it at any point, as is clearly written in our T&C. If you have more questions regarding the bonus, you can always contact me by email as well: [email protected]
Rick Patterson
EZTrader Account Manager
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christopher
06/09/2015 11:35

They give u bonus that u
They give u bonus that u will never be able to achieve – u gotta trade 25x of the bonus given. This means u will lose all your capital first before u can get the bonus. If u r still under this “bonus scheme”, u will not be able to withdraw a single cent. In addition when they take back your bonus, they don’t take the bonus that they give you earlier, but they take away the ENTIRE SUM in your account. My whole account was emptied today. I wrote and am still writing to the accounts manager and administration but no one replied!!! How do I seek redress? Please help!!!!! Also spread the word so that NO one will fall into their trap. Can I reveal my account managers names here? Frustrating!
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Jason
06/08/2015 06:24

Can anyone recommend a good genuine
Can anyone recommend a good genuine binary site?
Thank you
Jadon
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The Dude
06/03/2015 10:19

Maybe you should have thought about
Maybe you should have thought about refund before depositing?
Nah, let’s jump head-first and see what happens after the fact.
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Brian Perkins
06/01/2015 09:59

I joined your scheme yesterday but
I joined your scheme yesterday but my family have insisted that I should ask for my money back, I paid an initial deposit of 500gbp and a further trading deposit of 500gbp.
Can you please inform me how I set about this refund.
Thank you
Brian Perkins
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- Rick Patterson
  06/02/2015 07:57
  
  Hi Brian
  Hi Brian,
  I am the account manager of EZTrader. Please feel free to contact our support : [email protected]. They will guide you through all of the steps.
  Have a good day,
  Rick Patterson
  00
Rick Patterson
05/31/2015 14:02

Hi Scamjammer
Hi Scamjammer,
The withdrawal is a process that can take 5 days only if there is a complete cooperation from the trader, otherwise it takes more time. The reason we need this cooperation is because the withdrawal need to be in compliance with the anti-money laundering (AML) and CYSEC regulations. Also we need to ensure the identity of the trader. In any case, it’s not like we are using your money in that time, we can’t touch it. There are thousands of traders who already withdrew their money successfully with EZTrader, and 99% of them did it within 5 days.
Hi Marek,
The bonus is a tool to leverage your success in trading. It is not, however, a a tool for safe trade. You do not HAVE to take the bonus and even if you did decide to take it, you can forfeit it at any point, as is clearly written in our T&C. If you have more questions regarding the bonus, you can always contact me by email as well: [email protected]
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Marek
05/28/2015 19:10

you will lose your money unless
you will lose your money unless you fulfill all their terms and conditions which basically mean that you must win all the time. This company makes money this way: You make deposit and they give you a bonus. The more money you deposit the bigger the bonus. Now comes the catch. Before you can withdraw any money you must trade 25 times value of the bonus they gave you. So you have a choice either try to trade 25 times of the bonus before you lose all you money or leave it and lose your money anyway. EZtrader actually make money on people who lose all their money with them or just give up the case.
What I am trying to do now is to find as many people with same experience as possible and file a class action/ group litigation and get our money back and take this company down. Join our cause and stop these fraudsters.
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scamjammer
05/05/2015 10:25

I agree with Zorro
I agree with Zorro. The OptioNavigator trading bot is a scam with a success ratio way below 50/50 pure chance. In fact, with a success rate as low as 1 : 10 it could be considered positively loaded against the trader & with trading history altered & sometimes deleted it could be argued fraudulent!
As for the reluctance of EZ Trader to return your money, their withdrawal procedure is complicated with obstacles to prevent you receiving it. They never returned my money – outright theft!
Keep well away from this outfit.
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Rick Patterson
04/02/2015 16:01

Hi all
Hi all,
Don Y – I didn’t understand your complaint. Please contact me by email, [email protected], and I’ll check your case.
Regarding OptioNavigator – This company is just one of many companies EZTrader is working with. We can’t guarantee their promises.
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Andy
03/28/2015 00:24

I fell very bad when I
I fell very bad when I see brokers trying to lure people into parting with their money by posting false statement of trades.
Today is March 27th 2015 and Option Navigator claimed to have executed trades like EURUSD BY 21.23 @ 1.37963. This is unbelievable how on earth would you go to the extent of forging tables all in the name of scamming people.
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Don Y
03/27/2015 22:35

NO TRUTH IN THEIR PROMISES
NO TRUTH IN THEIR PROMISES. TRIED TO WITHDRAW MONEY SEVERAL TIMES AND WAS TOLD THAT IT HAD BEEN LOST DUE TO THEIR TRADER. ALTHOUGH ALL MY 20K WAS LOST, THEIR SO CALLED BONUSES NEVER SUFFERED A LOSS. THEY DID THE TRADING AND STILL I LOST 20K.
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dino
02/13/2015 23:24

Guy
Guy, stay away with Optionavigator.com and EZtrader. Once you deposit, its gone.you won’t get back.
00
supahfish
01/06/2015 21:58

all my bonuses are fully cleared
all my bonuses are fully cleared so I can cashout everything
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Jamal
01/06/2015 09:55

Yes sometimes the mails back are
Yes sometimes the mails back are taking to long.
But still pleased with eztrader, withdrawal my money allready and I had a good profit.
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- jOUS
  03/21/2015 10:48
  
  jAMALYes sometimes the mails back are
  jAMAL”Yes sometimes the mails back are taking to long.
  But still pleased with eztrader, withdrawal my money allready and I had a good profit.”
  BS. FAKE.
  00
Rick Patterson
12/21/2014 09:52

Hi Solveig
Hi Solveig,
If I understands correctly, your account has not been active for 7 months, which according to our T&C made it dormant: https://www.eztrader.com/en/TermsAndConditions.aspx
“If you haven’t done any transaction in your trading account within a 7 month period, your account will become “dormant”. Dormant accounts are charged with a 100% maintenance fee, based on account balance. The fee will be applied at the end of the 7th month, following the last recorded transaction.”
These are the rules but we are definitely not “waiting for it”. We send several reminders before it happens, but sadly these reminders didn’t followed by any action from you.
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Solveig
12/17/2014 02:07

Ive tried to withdraw my money
Ive tried to withdraw my money for 2 years. Now I saw that they have made partnership with Swedish football team AIK. Im surprised how a quite well known football team doesnt make any inquire of whom they recommend and have as partners. This is now a well known fraud, you only have to google them to get to know who they are. The latest news about my money is that they have confisqated them since I´ve not been on the site for 7 months. So thats what they are waiting for. You who want your money back, you must frequently visit your account otherwise they “legally” take it anyway. I dont believe that a normal company would have such restraints for customers. If I buy an economic intstrument it will not get worthless without the company go bancrupt. EZ trader seems to get fatter and fatter as the fraud goes on.
Tonight I made a donation of my money at EZtrader to Swedish football team AIK if they can make the withdrawal. I mean they are parters and all. It was 10025 swedish krona wich is about 1315 dollars today the 15 dec 20014.
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John
12/16/2014 15:50

Started to trade with EZTrader a
Started to trade with EZTrader a few months ago. Very pleased with the lessons I’ve got from my account manager.
It’s not easy but you have to invest time in it.
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Rick Patterson
12/15/2014 16:30

Hi David
Hi David,
As I mentioned to you on the mail , I’m sorry but I don’t see the problem. The required documents are necessary in order be in compliance with the regulator, CySEC, and with anti-money laundering laws. Regarding the 10% fee, this is the company policy which was written clearly in our T&C.
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dave
12/12/2014 00:18

wall I had a idea I
wall I had a idea I thought I would start trading saw the ez trader site and this appealed to me
I opened an account to see how it worked on 06/12/2014
this was a Saturday night i didn’t relies that i needed to deposit £200 to open an account but i had entered my bank details and it was debuted striate away
so account was open and im £200 down
as i say its saterday night not a lot to look at as trading is only open Monday to Friday
so i started read some revues
withdrawing money comes up a lot, and this is a problem for me,
I thought I will withdraw my deposit and see if I get it back as fast as it was taken as this money was for Christmas presents for my children
not spare cash i was planning on trading in the new year and was only doing some research
i had a call Monday morning from ez trader i explained this and the guy emailed me a link to customer support , i emailed them explained the situation and this is what i was emailed :
Dear David,
In order to deposit with us you need to type in the card information etc, I doubt it that you werent aware that you’ll be getting charged? In any case, the entire purpose of depositing and trading binary options- IS to make more money so you have better presents to get!
If however you are adamant on withdrawing, you must know the following :
1) we can send you either 180 pound or- you can trade 3 times. Terms&Conditions: “Withdrawal is not possible without performing at least 3 transactions in the system, or paying 10% of the initial deposit, which is to be considered as a fee as per defrayal costs”
2) These are the documents we require is to verify your identity. We are a company that is rigorously regulated and we must go by Cycec’s terms. Our Finance Department needs the following documentation for each and every withdrawal:
* A copy front and back of the credit card used when made the deposit, (we just need to see the last 4 digits).
* A copy of your photo ID or driver’s license OR passport for verification.
* Proof of residence is needed to verify the account. Please be advised that the address on the Identification/utility bills etc. sent MUST match the address on the trading account.
so i don’t think i will be trading with ez trader in the new year
whats the point if you cant get the money you paid in out
you got no chance of getting a profit out have you ?
im currently looking in to how to raise this complaint with the regulators as i have not used the account at all
and im not happy about
only being offed £180 of my £200
And
sending all the required personal identification
i will keep all who is interested posted on hear
dave
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- dave
  02/19/2015 22:30
  
  hi if you read my first
  hi if you read my first post you will read I deposited £200 with eztrader
  I NOW HAVE IT BACK IN FULL
  EZtrader was not helpful at all it felt like they was laughing at my expense I gave them 30 days to return my money and had no reasonable reply so I contacted the regulators they are registered with Cysec on there web site they have a complaint form I filled the form out and submitted it
  I had a refund in full back in my bank with in 60 days of the original deposit
  SO TO GET A REFUND GO TOhttps://www.cysec.gov.cy
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Holga
11/18/2014 09:51

I got in involved with eztrader
I got in involved with eztrader few weeks ago and till this time i am very pleased.
Made a deposit of 1000 euro and get a bonus of 500 and some private lessons of a broker(very important if you are new)
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Rick Patterson
11/09/2014 14:25

Hi all
Hi all,
As an EZTrader representative I can only speak on EZTrader behalf. OptioNavigator is just one of many companies in the binary options market that EZTrader is working with. EZTrader is a reliable and a secure platform which is regulated in every EU country. Every trader who wants to withdraw his money will do it – If you had encountered any kind of problem, please send me a mail ([email protected]) and we will solve it.
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Fifi
11/04/2014 17:13

EZtraders is all scam because its
EZtraders is all scam because its promoting scam sites and brokering for example for Optionavigator which says there is 70-80% chance of win when there is less than 5-10%. I deposited 200 Euros and chose randomly between 9 different investments (25 each). I fully lost the 240 Euros (40 bonus) in one day which is impossible and they dont give money back. Email me if you want proof. Never trust Eztrader or optionavigator. They are the same thing and just fully stealing any money you place with them. If you want to withdraw they make it so hard (a list of 5 documentations they need) which makes it impossible and if you have less than 100 Euros you can not withdraw. Go buy yourself something nice with your spare money or just give it to orphanages and never give it to these thieves, its no fun. They live off our money and laugh at us.
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- Kevin
  02/11/2015 19:08
  
  Hi
  Hi, yes the same thing happened to me. It is disgusting that they can claim such successes. This is NOT a quick way to make profit. When the law catches up with these sites I will be making the “PPI” claims.
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DragonSlayer
10/28/2014 08:53

Hello to all who are tricked
Hello to all who are tricked one way or another by OptioNavigator / EZTrader: I’ve openend a couple of pages to inform you. Also with info what YOU can do to claim YOUR MONEY back and more.
https://twitter.com/ClaimsEZTrader
Loads of links here:
https://plus.google.com/102840000222169127228/about/p/pub
https://www.facebook.com/pages/Claims-EZTrader/726524480765629
Check back regularly as it will be updated with more.
(In multiple languages.)
Use YOUR power to help stop these illegal practices!
Greetings,
DragonSlayer
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Ronald
09/05/2014 12:46

my football club Bayer Leverkusen is
my football club Bayer Leverkusen is a official partner of eztrader…so I also start to trade at eztrader….I start with 1000 euro and get also a bonus….
It’s not new for me….but in the past I was at a other broker….
I am doing this for 2 weeks now and I am a bit in the + at the moment….it’s not so easy as people say it is but it you know the market good you can make some good money with it….
If there will be something in the future I will write here…
Bye for now….
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- Casey
  09/16/2014 22:37
  
  nice bonus
  nice bonus, good broker.
  00
Casey
08/29/2014 09:08

eztrader works perfect with me
eztrader works perfect with me.
In the begin I get help of a broker.
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Top
08/27/2014 12:00

Hey
Hey,I have a very big problem. It’s about eztrader.com they have me ripped off for 26500 euro,
The persons who are directly responsible for are John Davidson and David Parker. I’m beginning trading with them about a year ago I had 300 euro transfer and after a few trades I wanted to stop. But was soon thy called me, they said they were going to help me with trading. I had to transfer 2000 euros, I have done that and they get more my confidence. They asked if I could transfer an amount of 10000 euro because they needed it to trade safe, in this very procedure they have never asked to additional information such as a copy of passport or id. They have accepted my money without controling.
My account manager John Davidson was going to teach me how to trade. But a month later I left for a year to Australia. I asked if there was no other way to secure my money until I came back. He asked me if he could trade with my money I found that not a bad idea. He said he would trade small quantities without too much risk to keep my account moving till I was back from Aussie . I saw no bath in it because I saw that he made a profit. The first weeks, after a month he asked for an extra 10000 euro and that is the time when they take all my money, without any signal or warning to me they have lost all my money in a week thy lost 26000 euro I never give permission to trade all my money.After a few emails that I send to ask how that was possible , because contacting me they found not necessary after losing more than 26000 euro. They said it was because of the crisis, I asked why they don’t asked me if they could continue to trade when they had lost the first 10000.
After many emails and phone calls where I ask to help me I never got a reply. After a few months I finally get a phone where in they said they were going to help me.David Parker would help me further because he had a special system whereby they never could lose so much money again . But they needed again 10000 euro to recover my funds. I had them given 4000 euro. They had lost the same week everything again , everything was gone. John says that David has frequently traded and vice versa I got totally no contact with one of two after thy lost my money again, I filled a complain to the company and it taked weeks before I get a answer thy say that is true thet john Davison was trading with out responsibility but that thy not can help me and that was the end of it
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Rick Patterson
07/06/2014 12:36

Hi Matt You can forfeit you
Hi Matt
You can forfeit you bonus at any time you want. If you started trading after getting a bonus, and then you want to cancel your bonus, of course all the profits you’ve made with that bonus will be removed as well. Otherwise what’s the point? everyone would just take the bonus, and If they will loose, they will ask to cancel their bonus and thus cancel their loses. The bonus does not give a “safe trade” (We offer that as well in some conditions, but that’s a different story), It’s a tool that can leverage your profits.
00
Matt
07/02/2014 21:07

EZtrader are an absolute scam
EZtrader are an absolute scam. Rick you can defend them all you like but actions speak louder than words.
I deposited £1000 and was offered a £500 bonus without me really being that interested, I made about 10 trades and lost £44. I decided this was not as easy as it had been marketed so decided I would withdraw my money.
I sent a request for £956 and it has been ignore for 5 weeks. When I chased it I was told that my account manager needs to withdraw the bonus and everytime I speak to him he will only tell me to trade more.
I rang again to day and was told that if I removed my bonus they would also remove the profits I made, but I didn’t make a profit I made a loss that has been removed from my initial deposit. But they are saying the are removing the profits but I keep the losses. Profit is not an individual concept it is an overall concept.
By their reckoning I am only able to withdraw £828.
My argument is that I did not use their bonus. I only used my investment, the only way I could have used their bonus if I made a trade larger than my initial deposit or I lost more than my initial deposit. Therefore I used my money and lost £44.
Their interpretation of their own T&Cs therefore shows that the bonus does not give you an advantage it is a disadvantage because if they had not added the bonus I would have only lost £44 but because they gave me a bonus I didn’t really want or need I have actually lost £172.
They claim that trades are actually made but you are just betting against them who are the house. They make money by taking an initial deposit then never give it back.
If it is not a scam why has no one on hear posted to say ‘Rick has sorted their problem out’
SCAM, SCAM, SCAM!!!
Unless EZtrader want to prove they are not to everyone one on here.
Matt
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- rainer
  09/20/2014 03:39
  
  I fight for almost one year
  I fight for almost one year to get my money back..250 dollar not 2 million dollar..I call them almost 3 times a week for weeks than forgot and started calling them again ..call them all names you can not find in a dictionary all believe me I have numerous email exchanged with empty promises..and if I read the reviews about brokers here i am not sure i should ever open an account with any of them
  00
Rick Patterson
05/07/2014 08:38

Hi Knoxville
Hi Knoxville,
Why do you think it’s impossible? Thousands of traders has already made smooth withdrawals. Have you tried and encountered problems? If you did, you can always send your details to my mail [email protected] and I’ll help you.
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knoxville
05/01/2014 01:02

stay away
stay away. this is just a scam. easy to deposit, impossible to get your money back. Anyone knows that it is easy to make a payout. File a complaint at https://www.cysec.gov.cy/complaints_cifs_regulated_en.aspx and at your credit card company. companys like this must be stopped
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Peter
04/10/2014 08:27

### Warning - Possible Spam ###
### Warning – Possible Spam ### Good service in my language(dutch)
And this site offers things what other sites don’t have at all.
So for me a +.
Cheers.
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Rick Patterson
04/02/2014 14:18

Hi Solveig Yes
Hi Solveig
Yes, In order to make a withdrawal you need to send a copy of your driver’s license, passport, or ID. It’s needed for both verifying your account and to conform with regulation and anti money regulation laws.
00
Jacob
03/31/2014 11:10

Hi Wayne I'm sorry but your
Hi Wayne
I’m sorry but your story sounds made up. 8 months for withdrawal? and until the 8 months has passed you’ve done nothing? come on man… that’s not realistic.
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Gerard
03/30/2014 08:02

Many complaints are about the slow
Many complaints are about the slow withdrawal proces, but I found out that many times the actual trading price was not the same as the price at the trading moment. As said there was a difference and nevr in my favor!. I had a good and frequent contact with my account manager (John), but when I cam with this complaint I did not receive any reaction anymore. Finally I lost all my money. Stay away!!
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Solveig
03/21/2014 00:31

The company that takes the money
The company that takes the money is YGM SERVICES LIMITED and for a reason we have laws.
00
Solveig
03/21/2014 00:19

They will take all you have
They will take all you have on your creditcard. They tried 10 Times’ to credit my card the same day I signed up. Strangely they said they would put my winnings on my card. Haha!
My banc has taken over now. In my case its not a small fraud.
They are asking for a photo of the backside of my card now…or else they can not pay me my money… You heared somethiing so stupid.
No serious business does that to their clients.
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Wayne
03/13/2014 23:18

I had a problem for 8
I had a problem for 8 months with EZTrader, not paying me a withdrawal. Aug 2013 until March 2013
I found CySEC website, and sent them a complaint.
This was their response.
Dear Sir/Madam,
Thank you for your email. Please note that, on July 24, 2012, the CySEC announced the following:
“The Cyprus Securities and Exchange Commission (“CySEC”) announces that a new electronic system of complaints submission regarding regulated Cyprus Investment Firms (CIFs) and non-regulated Investment Firms (IFs) has been implemented today. The CySEC requests that the investors follow the procedure specified in the Electronic Complaint Forms, which can be found under the ‘Investors’ drop-down menu, in order to file a complaint.” (https://www.cysec.gov.cy/Downloads/English/Announcements/2012/General/Announcement%2007.24.2012%20regarding%20the%20electronic%20submition%20of%20complaints.pdf)
As such, we kindly request that you submit your complaint on line by clicking on one of the links below:
https://www.cysec.gov.cy/complaints_cifs_regulated_en.aspx (for complaints related to licensed CIFs)
2. https://www.cysec.gov.cy/complaints_cifs_non_regulated_en.aspx (for complaints related to non-regulated entities operating through Cyprus)
In the case that any of the above links do not work, please copy and paste the corresponding path directly into your browser.
Regards,
Complaints Desk
Cyprus Securities and Exchange Commission (CySEC)
27 Diagorou, CY-1097 Nicosia / P.O.Box 24996, CY-1306 Nicosia
Tel. 22 506600, Fax. 22 506700
email: [email protected]
http//cysec.gov.cy
EZTraders gave me my money in about 36 hours. After I told them that I was in communication with CySEC.
So there you go, you can get something done about their unethical practices.
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Rick Patterson
02/23/2014 09:41

Hi Peter Please post you details
Hi Peter
Please post you details here or send them to my mail: [email protected] and I’ll check the issue.
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Nick
02/21/2014 14:59

Beware
Beware!!! My withdrawal was made on December 2nd 2013 and today, I’m still waiting for the money… I’ve tried multiple times to send support enquiries as well as support chat sessions, with no success (and no response to my mails). I would NOT AT ALL recommend them!
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Peter
02/14/2014 08:02

EZ trader is terrible
EZ trader is terrible!!
Try to withdraw now for over 3 weeks, nothing happened.
Sending money is done within 10 minutes off course.
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Rick Patterson
02/02/2014 09:01

Hi Wayne Please post you details
Hi Wayne
Please post you details here or send them to my mail: [email protected] and I’ll check the issue.
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Wayne
01/29/2014 07:46

I have been trying to get
I have been trying to get $2000.00 back from them since 8 August 2013.
I have sent various emails requesting a withdrawal of these funds.
I have had a couple of responses from EZTrader staff. But as of today I still have not received any money.
Be very careful about giving them any money, as you will not ever get anything back.
Wayne
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Rick Patterson
12/29/2013 11:02

Hi Colin
Hi Colin,
The withdrawal is a process that can take time. It requires several approvals from different departments, mainly for being in compliance with the anti-money laundering (AML) and CYSEC regulations, and for ensuring the identity of the trader. After that, the money transferring company or even your bank can delay the transaction – for their own reasons. In any case, it’s not like we are using your money in that time, we can’t touch it.
BUT, after saying that, and unless there was a special reason, a withdrawal process shouldn’t take over a month. Please send your details to my mail: [email protected] and I will check this issue and speed up the process.
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Colin
12/27/2013 12:20

Hello Rick I think that your
Hello Rick
I think that your defense of your company and the issues you have tried to put right are all good except that you have not addressed the biggest complaint that people have which is that you do not return people’s money in a prompt manner when a withdrawal is requested.
I requested a withdrawal on 22 Nov 2013 and it is now the 27 Dec 2013. Why does it take you so long to return people’s money. Its an honest question would you please give me an honest answer as to when I can expect my funds to be returned to me.
I have tried to ask the same question on the live chat line and it seems that the live chat has been terminated by your JohnD in an effort to transfer me to “MichaelA” account manager. Looking forward to hearing from you soon.
Regards
Colin
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Rick Patterson
12/16/2013 16:15

Hi Alan
Hi Alan,
Please post your details here or send them to my mail: [email protected]. I will check this case.
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Rick Patterson
12/08/2013 13:17

I would like to comment on
I would like to comment on this review of our site, which, in my opinion, contains some inaccuracies and is a bit unfair: The main complain seems to be that EZTrader’s platform resembles gambling sites, but there is no real argument to support that.
The reviewer says “high bonus offers and extremely low charging fees are suitable with casino gambling and binary options broker’s scams”. Well, that’s not a real argument… Just because something is good, it doesn’t necessarily means it’s a trap. The site is simply trying to be appealing and to provide its traders with attractive offers, which has nothing to do with gambling.
EZTrader’s bonuses policy is one of the fairest in the market: In order to withdrawal a bonus you only have to trade 25 times the amount of the bonus, while other brokers usually ask for much more: 30-50 times the amount of the bonus, or 25 times the amount of the bonus combined with the transaction amount.
Another inaccuracy in the review is where the reviewer says that the site lacks general asset information and trading times. EZtrader is actually one of the only sites that offer a comprehensive detailed description on each of its 100 assets: https://www.eztrader.com/en/assets.aspx
Trading times are off course also listed on the site: https://www.eztrader.com/en/binaryoptions-guide/trading-hours.aspx
Another comment I would like to make regarding this review, is that its grading system is a bit unclear. Although the review describes EZTrader as possessing of many assets and as having improved expiry times, the site’s score in that category is mediocre. The same goes for other categories such as commissions, deposits, bonuses & withdrawals. The reviewer acknowledges that the site provides a rather good terms and conditions, yet he gives mediocre scores.
In conclusion, I feel that this review is doing injustice to our brand.
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Alan
12/06/2013 15:01

STAY AWAY
STAY AWAY!! I am starting a class action lawsuit against eztrader. Please contact me if you would like to join.
[email protected]
subject – Eztrader
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- Farooq
  05/26/2014 15:55
  
  Dear Alan
  Dear Alan, I am very happy that you are going take any legal action against. They are refunding my money as well.they are absolutely ripping off incocent people. Please help me……………
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EZTrader official respond
12/04/2013 11:06

Hi all
Hi all,
My name is rick Patterson and I’m an account manager in EZTrader.com.
I am sorry to hear about your troubles with our platform. Please inform me about your details and I will check these issues. you can post it here or send me an email. Thanks.
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- Alan
  12/06/2013 15:06
  
  Rick Patterson can you explain why
  Rick Patterson can you explain why it takes so long to return the funds? It seems that your company is just out to rip people off and give them a massive run around process. Michael Anderson, Chris Marlen, Brian, are all a bunch of liars.
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  - Rick Patterson
    12/08/2013 14:41
    
    Hello Alan I'm sorry if you
    Hello Alan
    I’m sorry if you had a bad experience with our platform
    please inform me about your details and I will check the issue
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    - John Black
      12/09/2015 14:15
      
      Hello Rick
      Hello Rick,I requested a $2000 withdrawal on the 24th Nov.was told that it takes 2 weeks or ten working days,both have expired yesterday,Would you look into this for me as I’m a pensioner and need money before Christmas,Regards,John Black…..
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  - Rick Patterson
    12/08/2013 14:54
    
    Hi Alan
    Hi Alan,
    I’m sorry if you had a bad experience with our platform
    Please inform me about your details and I will check this issue
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  - Rick Patterson
    12/09/2013 13:45
    
    Hi Alan
    Hi Alan,
    Please post your details here or send them to my mail – [email protected]. I will check this case.
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  - Rick Patterson
    12/11/2013 08:48
    
    Hi Alan Please post your details
    Hi Alan
    Please post your details here or send them to my mail: [email protected]. I will check this case.
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Dave The dog
10/29/2013 10:29

Absolute scam
Absolute scam. Do not go near. They should be shut down.
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Dmitriy R
09/10/2013 01:29

I have invested $500 dollars with
I have “invested” $500 dollars with a $250 “signing bonus” and have played around with binary options for few months. My “advisor” kept pressuring me to deposit more cash without even giving me any promised “lessons” on how to successfully trade. Plus, when he lured me to get the $250 bonus he didn’t say that I have to trade 10 times that amount on EZ trader before I can request any withdrawals. So, I had to grit my teeth and trade for a while. I did go up to around $1500 and then started rapidly losing and finally meeting my quota at $710. I requested a withdrawal on August 25th and it’s already September 10th and after contacting them multiple times through the phone, email, or live chat I am always told that it will “only be a few more days”. I have a really bad feeling that my originally invested $500 are a lost cause. I wish I had never done business with them. Why does a deposit take 3 minutes, but a withdrawal 2 weeks with no hope on the horizon?
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Mark
08/15/2013 08:27

this is a scam - watch
this is a scam – watch out they take our money and dont return
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Me
08/12/2013 08:00

Absolute a scam
Absolute a scam. STAY AWAY!!! Still waiting for my money…. It’s FRAUD!!!!
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Richard
07/16/2013 15:33

Just try putting your money in
Just try putting your money in and withdrawing it without any trades…..I did a long time ago and in truth I don’t think I’ll ever see it again. STAY AWAY FROM THIS FRAUD SITE
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Hans
06/22/2013 08:06

Withdrawels are simply not coming through
Withdrawels are simply not coming through. Once your money is theirs, you aint gonna see it back. I found out that some of the names they use (John Davidson and Michael anderson) are two main characters of the movie Coffe, Tea or Me….. Surely there are better and less stressful ways to get rid of your money than Eztrader.
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Mike
05/21/2013 11:34

I have been trying to withdraw
I have been trying to withdraw my money and close my account with EZ Trader since Nov of 2012. I contacted them weekly without results. I will keep trying.
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Sole trader
05/16/2013 14:23

I double what people say about
I double what people say about eztraders stay away from them as you wont get your money back not even what you deposited, I made a withdwawal of £560 on 11/04/1013 now its 16/05/2013.
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Linda Pineda
05/02/2013 04:44

made a $200 deposit and still
made a $200 deposit and still dont get my money back since February. their phone service sucks! can never get an answer, leave voicemail don’t answer back. neither the spanish or the english option ever give you an answer. if u do get an answer by miracle, they say it should be approved by next week (bull***) been waiting for 2 months now and nothing! all ive gotten is an automated e-mail with the same thing: it takes about three days… someone should be getting together and making some sort of lawsuit to start getting our money back!!!
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Ben
04/18/2013 18:38

I think you should update your
I think you should update your rattings. About 8 of the trade platforms you ratted are being shown the door by Italy,them along with about 16 others. Your rattings seem to be about 5 years behind. Update your rattings. Now days lack of info can have the same effect as being flat out lied to and scammed.
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Jeff
03/15/2013 17:36

I've tried to get my money
I’ve tried to get my money and they ignore my requests and hang up on me when I question it.
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Erik
01/26/2013 16:21

@Mike: Have u got your money
@Mike: Have u got your money back at all? I made a withdraw on december the 14th. Havent got anything back yet. They keep telling me it will be approved within a few days but they are obviously lying.
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Mike
11/22/2012 17:08

I did a lot of trading
I did a lot of trading for a while and I was able to withdraw my money, but as soon as I decided to close my account I have been trying to get my money for several months.
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Robert
09/26/2012 03:34

Proof of Eztrader Scam
Proof of Eztrader Scam!!!
https://www.youtube.com/watch?v=km7Y8ULJrUY&feature=youtu.be
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mah
07/15/2012 13:59

fraud
fraud, i withdrwan 100$ on january 2012 till now july 2012 i have not received fraud…..stay away frim them
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Nohile
07/12/2012 09:12

Stay away from this site
Stay away from this site !!
I never get my money after the supposed withdraw.
The withdrawal service will lure you if by chance you get any answer !!
STAY AWAY that’s the best advice I could give you
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- Pernilla La Corte
  03/16/2015 16:32
  
  I had a very bad experience
  I had a very bad experience with EZ trader, I didn’t even start trading, because I read a lot of negative comments om the internet so I decided to withdraw the money I deposited. However, just as Zorro says above it was ever so hard to find out how to do, and after much delay I finally got an answer to my question around how to withdraw where they explained I hade to gamble to earn up my bonus first. Then I answered that I hadn’t received any bonus and that there was no withdrawal link at all at my page. After a looong time, months, they answered, yes you are right about the bonus, but if you want to withdraw you have to submit a copy of your passport, credit card and a utility bill. It took me some time before I got time to do this, and when I finally did so, they had closed down my account because I had been inactive, and they had taken my money. MY MONEY, and it was not any bonus. I handn’t even made any trades, it had just been standing on their account and then it was gone. They referred to their terms and agreements. I regard it like a robbery. that they stole my money.
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Wilburn Chars
11/03/2011 10:09

Thanks a lot for the effort
Thanks a lot for the effort of sharing this to us. It is very helpful.
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- Former EZTrader
  06/21/2012 02:00
  
  Stay away from this site
  Stay away from this site!!! If you win for an extended period of time, they can and will change past trade results. You never get a confirmation of settlement by email. I’ve witnessed settlement quote changes an hour after the trade completed. It is completely insidious the way they control the game.
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  - Fazi
    08/12/2014 04:11
    
    Can u plz tell me a
    Can u plz tell me a better and reliable site of the same type????
    My id is [email protected],plz do reply.Anyone can share his/her reliable sites, even the eztrader one.
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  - Zorro
    09/12/2014 10:03
    
    Scam Scam Scam
    Scam Scam Scam! I have been trading with 3 different broker without a glitch when I came across OptioNavigator bot. I thought I give the benefit of the doubt and try when it instructs you to open an account with their approved broker EZtrader. The platform seems simple until you start trading. The following has happened to me 4 times in the first day. Place a trade option with a strike price at a certain time but in the open trade registry the strike price is way different, compare to what it confirmed at the time of acceptance of the trade. Com’on this is just bull..
    Secondly try to find the withdrawal link is a mission. I understand that they only like deposits, but please, it is a mission to find out how to withraw your funds. As I said I have been trading with other brokers (all regulated) but the experience I had with Eztrader is very much like a backdoor Casino. Shabby and complicated. Avoid this broker. The affiliate OptioNavigator bot is simply the biggest Scam ever. 1 out of 10 success ratio and if you can read technical analysis and compare it to their recommended trade you will see that OptioNavigator is a simple random generated software, nothing more! I had to find out the hard way Beware with this two Scammer platform
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    - BaliRob
      06/10/2016 09:13
      
      Thank you Zorro so much -
      Thank you Zorro so much – your comments are all I require.
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    - Jonny
      07/06/2016 23:44
      
      Thanks
      Thanks. Just read that they, Shimon Citron, have been fined by CYSEC.. 3400000€. CySEC are varning traders for using them.
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  - Larry
    05/10/2016 09:44
    
    I have been trading with 3
    I have been trading with 3 different brokers and I can tell you that eztrader is not scam! I had many questions to eztrader’s support team and they guided me and helped me a lot.
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- Brian
  09/17/2017 09:56
  
  I put 500 pounds into Ez
  I put 500 pounds into Ez Traders account and because I did not trade for a time around a month …they refused to give me my money.I tried numerous withdrawals to get my money.I have reported this to police fraud departments also Interpol.STAY away from these rogues.Thisa 100% genuine honest review.
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