EZ Trader Review – EZ Trader Rating Score – 36/50
EZ Trader has one of highest amount of assets out of all of the binary options brokers out there: 65. The trading platform is 100% web-based. The website has a very well detailed Reuters news feed and the site as a whole is very professional.
The company was founded in early 2009 and there isn’t much information available about who owns EZ Trader or where it is based. The site isn’t detailed enough for a beginner and provides a lack of education materials.
In the money pays out up to 81% and out of the money pays 0-15%. In addition, your account can be held in USD, EUR or GBP. However, there are some negative conditions tied to trading that limits your flexibility with EZ Trader.
EZ Trader’s platform is web-based, meaning no download at all is required, and so you can trade from any computer of your choice. This is a simple, unique way to trade binary options.
The FAQ section is okay, but not succinct enough. The glossary makes up for some of the missed information.
The My Account and My Trades section of the website can be accessed from the homepage, and provides traders with personal information and past and present trades. Also, the Trading Area is quite useful, as it has numerous underlying assets to trade on one page.
Assets & Expiry Times 8/10
EZ Trader has a whopping 75 underlying assets to trade: you are spoilt for choice.
Few expiry times, such as end of day – no choice at all for traders.
Commissions, Customer Service & Return Rates 7.5/10
EZ Trader is free to trade binary options and Credit Card withdraw is free. But Wire Transfer withdrawal costs $25. The withdrawal process takes 3 business days.
You can get in touch with EZ Trader via phone, email and call back. There are 4 support numbers you can call. Their customer service team is very helpful and informative, and is keen to answer all inquiries.
The website can be a bit confusing, as some places say you can earn up to 75% for in the money whereas other places say up to 81%. While out of the money pays 0-15% return. Above average, but not the best returns in the industry.
Deposit Options, Languages & Bonuses 8/10
You can deposit with Credit Card, Wire Transfer, Money Bookers – a bit more choice needed.
EZ Trader is available in 4 languages: English, German, Spanish, Arabic. Good but more would be better, and not enough to usurp competitions.
There are various bonuses offered all year round with EZ Trader, The most well-known one is bonus on deposit: Deposit $500, receive $75 bonus. Deposit $1500, receive $500. Deposit $3500, receive $1700. Top bonus offers on the market today!
Additional Features 6.5/10
Every time you purchase a binary option, you can view its progress until expiry in a graph. There are also many other useful additional features that are initially accessible from the homepage. One of the most important is the Reuters news feed that provides you with the latest market news.
There is a great Tutorial that gives you understanding of how to trade binary options with EZ Trader. In addition, there is the Help/Glossary and other EZtrader Resources tabs on the homepage. These are designed to assist you if you are a beginner. But despite all the effort, they aren’t as clear as EZ Trader’s owners portrayed.
The other feature that catches the eye is the Today’s Trade box on the homepage that lets you see the percentage of Calls and Puts for the present day.
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