Have you had to choose a binary options broker but didn’t have full information about the available trading platforms? This is where you will need an exhaustive review of notable platforms like EZtrader. It is one of the pioneer binary options brokers that started in 2008. The platform is owned by WGM services Ltd and is based in Cyrus. The company became fully regulated by the Cyprus Securities and Exchange Commission (CySEC) in 2013 under the license number 203/13. It also operates in several countries in Europe. Historically, it has had strong links with football, having partnered with Bayer Leverkusen, Wolfsburg, Everton and AIK.
EZtrader is a simple and user-friendly platform. It is custom built and has a slick user interface, making it unique in look, feel and usability. This has put them in the leadership position as a world leader in the industry. What’s more, EZtrader has FAQ sections to offer useful resources that help the traders understand the basics of binary option trading. The platform is also 100% web-based; you can access it from anywhere. Moreover, it has a mobile app to cater for mobile traders who can easily trade from their Android or Apple mobile devices
The platform has 19 indices, 58 stocks, 10 currencies and 4 commodities on its asset classes. The users can select any of the asset class through a dropdown menu where they can further select a geographical area like US, EU and Asia. Its return rate can be as high as 95% for certain assets, which is above the industry rate. On the other hand, the refund for Out of the Money trades is 15%.
Its withdrawal and deposits system offers a wide range of options; you can withdraw credit cards, wire transfers, Skrill and other eWallets. The minimum deposit amount for a newly funded account is £200 or its equivalent in other currencies. The money can be held in US Dollars, Euros or Pounds. However, its weakness, especially with professional traders, lies in its simplistic platform and the fact that it’s limited only to intraday.
Is there an EZtrader scam?
An easy way to identify if a broker is a scam is to check if it is regulated. This is not only importance to ascertain their legitimacy but also provide the avenue to submit complaints to the regulator. There has been a discussion online about EZtrader scam. Being a licensed binary trade broker, EZtrader is not a scam. It has been around for a long time. A search online will give you several positive comments about the platform. However, some of them are negative but are mainly from a few dissatisfied customers and competitors. These complaints from consumers arose because sometimes, people may assume that it is easy to make money trading binaries – this cuts across all the brokers.
Get the best from EZ traders and see the difference for yourself. With EZtrader, you will be amazed at how simple it is to become a successful binary trader. Considering that it is a regulated body, you can stay assured that this will offer you value for money.