EZTrader is owned and operated by Win Global Markets Services Ltd. and has been providing their trading platform since 2008. This broker is indeed one of the more established brokers within the trading industry and as such is considered to be one of the top brokers. Their extremely attractive payouts for in the money trades draws many in, while their proprietary platform seals the deal for others. What can you expect should you choose this broker? Read on to find out.
The trading platform which is provided by EZTrader is available in a total of nine languages. The platform is simple for all to use, with single windows offered for completing each binary options trade in one place. Within these windows trades can be completed in just a few steps. Light Streamer technology is utilized to import financial asset data directly from well-known source, Thomson Reuters. This is most excellent, as options trading scams are often linked to errant data within the trading platform. Overall, traders can expect to find a very simple platform which can be mastered quickly and easily.
EZTrader also offers its very own mobile trading app, EZMobile. This app allows for full functionality trading via smartphones and tablet computers. Though the standard platform is completely web-based with no need for download, this app will require a one time download (free) and quick installation. Once this is complete, traders will be up and running, ready to trade binary options from virtually anywhere.
Basic Binary (Up/Down), Long Dated, and Sell are the available trading instruments. The always popular 60 Seconds trades are missing from the lineup, which could be disappointing to some. The shortest expiry time offered is 30 minutes and the longest will extend out over several weeks time. We appreciated the fact that EZTrader is still offering these. With the popularity of fast trading, lengthier options have become more scarce. The Sell option is great as well. This features allows traders to cash in on their contracts prior to the end of expiry by selling their open binary options contract positions back to EZTrader.
No trader should be disappointed with the underlying assets offered by EZTrader. Their asset index is loaded with 90+ choices for use in all types of binary options trades. 58 of these are stocks, which will please those who place a lot of focus on stock investments. Major companies are listed and we did not notice any notable omissions from the list. There are also plenty of indices, commodities, and currency pairs to choose from as well. Simply put, there are plenty of underlying assets to choose from and plenty of variety to take advantage of.
EZTrader is widely recognized as being the broker which offers the highest maximum payout on standard winning trades, 95%. Amazingly, this binary options broker still somehow manages to offer refunds of as much as 15% on select losing trades. The average payout rates are around 75% to 85%, which is still stellar. If not for their long standing excellent track record, we’d be tempted to label such massive payouts part of a binary options scam. But alas, this broker is well established and known to be reputable. Broker selection should not be based on payout rates alone, but these high rates are impossible to overlook.
Account registration is free with EZTrader and minimum deposits are reasonable. Minimum deposit amounts are based upon select currency type and stand as follows:
EZTrader accepts all types of major credit cards and does offer lucrative bonuses starting at the 1250 (any currency) amount and up. Profit payments are as easy as deposits, with no minimums in place. We rarely see this anymore, so this fact was refreshing. Even better, credit card withdrawals are offered for free and bank wire withdrawals cost only $25. The average payment processing time is about 3 business days. Each of these facts should certainly please binary options traders who appreciate hassle-free banking.
In regard to customer service, traders will find plenty of contact options. Phone, e-mail, and live chat are all available. The contact section of the EZTrader website will tell you all you need to know about how to reach one of their knowledgeable representatives. Customer service is only offered in English, which is certain to disappoint some traders. On the other hand, traders will be delighted to know that this binary options broker offers rapid response times and is prepared to help by providing all types of assistance.
We expected to find such an established broker providing plenty of tools, but were actually taken aback by the total number of resources this binary options broker is offering. Their education center is loaded with videos, e-books, trading guides and more. An additional tools center offers market reviews, asset spotlights, and Binary Options magazine, a feature exclusive to EZTrader. Traders of every skill and experience level are sure to appreciate all of these extras.
The highlights of EZTrader are clear and many. This binary options broker offers a great platform, above average payouts, plenty of additional features, easy banking, and total reliability. We did examine this broker for any signs of scam potential despite the fact that this broker is now viewed as a “veteran” broker and found nothing. This broker is one of the few that is truly delivering the total package and for that reason we highly recommend EZTrader to traders at this time.