EzTrader Review

Not Trusted Broker By BinaryOptionsThatSuck.com

EzTrader Overview

EzTrader

Bonus: up to %45

Options Profability : 60-81%

Rating: 5 / 10

VISIT | Demo

Screenshots

Editor’s note- Why does EzTrader sucks in 50 words

As one of my new site’s very first experiences , I guess that this one really defines the different between Binary Options Trading and the other more common On-line gambling games, from the strategy aspect. EzTrader suck because they are just another On-line gambling game, but not a real Binary options trading broker.

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EzTrader Full review – Casino or a real broker?

Eztrader is considered to be a pioneer in the Binary options industry. Since 2008, Ez trader stands for friendly and 100% web environment platform for binary options trading, with no need for any kind of software downloaded to the PC. Eztrader offers traders online consulting advisors who will be more than willing to share their knowledge of the market with your humble opinion. Generally they seem to be a nice and friendly Binary options trading company, with a sufficient amount of options (44). Eztrader also offer you high effective return, and are near the top of the Binary options industry. So why does EzTrader suck? With so many EaZy options on the friendly website you can only get lost very EaZly in the binary options trading Options Ocean, which is game of thinking from the begging. Before you start trading binary options and make your very first deposit (sadly, only available with C.C), or even if you’re a sophisticated trader, keep in mind one important thing: Binary options trading requires research and lots of thinking before you start wishing to good luck. It’s a game of thinking. Binary options require strategy. One downside of the web site is the understanding of the asset which is crucial for building strategy and better understanding of the trading asset, and some other problem concerning the navigating process. If an investor tries to find out the assets expiry time, he needs to go to asset tab and then select End of the Day tab to find out the relevance. Besides this extra burden, the site lacks some information such as trading times and some other general information about the asset.

Yes its true- Eztrader made the binary options game of thinking into a gambling game for 4 yo. They let you feel like you are in the playground, and your mother asks you nicely: “what kind of a lollipop would you like?” while your dad (the consulting advisor) recommends you which one is better. For the thinking type of binary options investor, my recommendation is not to fall to the Eztrader scam. The simple platform also lacks some more advanced features that simplify browsing between assets and sorting them. That feature could be found often in most Binary options sites. In my opinion, EZ trader has over-simplified the trading of binary options.  It is better to consider it as an online betting game. Binary Options Trading is more of a common high risk high reward short term investment tool then Casino gambling. It is much better than online betting games. Here you are not really gambling, since almost anything you are predicting based on your proper research.

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Why you shouldn’t gamble with Eztrader

Eztrader invests large efforts and resources to attract potential investors, mostly by offering good bonuses and no-fee or commissions while purchasing options. They also invest in maintaining effective costumer support system with live chat and constant loyalty bonus offers to it costumers. I have to admit they do offer some very nice bonuses, but as I was saying before- big bonuses and low extra fees matches the description of on line casino betting or other gambling sites. If you’re looking for extra high bonuses –then go play roulette. Good Binary options trading brokers don’t necessarily give away bonuses because they assume that if you have decided to join their trading system and trade Binary options with them, it means that you choose professional trading system and a trustworthy broker. In my opinion, high bonus offers and extremely low charging fees are suitable with casino gambling and binary options broker’s scams, while good Binary options trading brokers maintain pro’s software and analysis tools and more information about the assets- better suited to the different types of investors. Sometimes good binary options trading brokers may not offer the best bonus available in town. It’s no reason why you shouldn’t start trading with them, since in most cases they simply offer professional and more honest trading tools. Yet, gambling is easy a lots of fun, so if you don’t want a lot of thinking to be done- go spend your money on Eztrader. After you’ve got tired of choosing between numbers and colors while spinning the roulette and realized it’s time to make money with Binary options trading- go for a real binary options broker!

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EzTrader Ratings

Operating Since 2008. Trading assets- 44- Stocks, Indices, Commodities, Currencies. Minimum deposit- 200$, 150€. Credit cards only. Options Profitability- 60%-81%. Out of money option refund- 0-5%. Languages- English. Demo: No

User Friendly 17/20

EzTrader is a Simple and user friendly site. The Help and FAQ sections are useful tools which help its traders understand the basics of binary option trading. EZTrader also provides online help around the clock. No software download is needed, as the EZTrader platform is 100% web-based.

One drawback of the site is the lack of further information regarding the asset such as trading times and general asset information. However in a few indices there is a News button taking the investor to news bites about that particular asset.

Overall, the usability of the site is EZ and fun experience.

No. of Assets and Expiry time 10/20

EzTrader offer 25 stocks, 7 indices, 8 currencies, 4 commodities, totaling 44 assets for purchase. However, trading times and expiry rang are very short since EzTrader options are based on the US, EU and commodity exchanges and can only be traded during the hours in which those are actively traded.

Commissions, Support and Effective return 15/20

EZTrader does not charge any fees or commissions from its investors when they purchase options. The Effective return is between 75%-85% in the money and between 0-10% out of money. The Customer Service is available by phone on 4 international numbers and by email. Additionally there is a live chat where they respond immediately. However the site and support is only available in English.

Deposit, Payment and Bonus 11/20

Depositing is only available via Credit cards, accounts can only be held in US Dollars. Payment is available via credit card with no fee charges but only as high as the initial deposit. Profits above the initial deposit can only be withdrawn via Paypal. On the bright side, EZTrader offer relative high Bonuses which can be used more then once.

Website Extra’s 11/20

The Homepage has a couple of extra features- “Today’s Trades” option is a box showing the percentage split between Calls and Puts that day. Another friendly option is the Reuters Financial News feed, which enable users to keep up to date with the market news.

Overall Score :64/100 – Not Regulated (-10)= 54

One Response to “EzTrader”

1. Wilburn Chars says:

   November 3, 2011 at 10:09 am

   Thanks a lot for the effort of sharing this to us. It is very helpful.

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