EZTraderReviews 89

Once they have your money, they have complete control (read their completely ridiculous conditions). Then you get a call from a Wolf of Wall Street type, promising to make you a fortune, when you deposit more money. You don't receive their 25% first deposit bonus. However they will credit you with a bonus if you increase your deposit, but you have to turn it over 90 times in 3 months before you can withdraw it, if any left. This MOB are a deadest SCAM and you are virtually guaranteed to lose all your funds, with strict withdrawal conditions.

Based on my personal experience EZTrader is a SCAM.
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 (984 to be exact). 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!

I think EZ Trader is a scam. All it provides is a tool to access small trading over short periods. It is certainly Not the 75% successful scheme that was touted and lured me in and no different from any other form of betting.

I was lured in by something about innovation award for students who had perfected a successful trading system which they were offering free to everyone and had expected a predictive or advisory tool but it was non of these by any stretch of the imagination. Why do you think they are in Cyprus?.

They are creaming off the money from your unsuccessful bets, just another form of bookies. Your investment is still there even if your bet is unsuccessful. Its just that they then acquire ownership of it. Very nice work for them too!

Furthermore, when I asked to cash in my funds the refund was £55 pounds short of what I had in my account at the time of my request. I received some gobbledygook, small print answer about percentage of trading over 90 days or something. Complete rubbish, the money was mine and I am entitled to it not some kind of rip off.

If the system is so successful they shouldn't need my small beer money! Think about it guys.

SteveG.

I call a gold commodity at 1067. 07 or it was less but the system put mi 1067. 09, what is on the picture. So while in 60 sec. The cold trade was not went on 1067. 09 nor higher. So it could not value me like a winner. The system well knows what is a trend and did not let me win. I recognised this formula several times, I would say bad behaviour to investor. Some times it lets to win investor but mainly not and for all that the investor going to lose.

When I made an initial deposit was immediately bombarded with masses of really intimidating pressure calls from a slick salesman trying to tell me that there were guaranteed profits if only I would entrust him with thousands. Eventually I just smelt a very BIG rat and told the guy I was just not interested when he accused me of time wasting and not being serious. I was so shell shocked that I left the whole thing for a few months and when I tried to start again discovered they had confiscated my moneys on the grounds of non trading. What a great big rip off. Do NOT use EZ-you have been warned!

I funded £200 in eztrader. But this website/trader not only is scam but also a thief.
Just check the page you want to make payment. That is a not a real bank/financial body webpage but only a fake webpage created by eztrader to rip off the customers. The webpage is WMG SERVICES LTD which is actually the same eztrader's page.

Through this page they get your bank information (card number and cvc). Then they ask for an ID card and utility bill for verification. Then they use these info to take (more) money out.

Today I was in contact with my bank and I was told that someone called them yesterday, trying to confirm another payment.

Pure fraud. I have filed a complaint in the bank. Going to report to police too.

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.

Just signed in and was shocked to see their trading platform. I am an amateur but i did try to do a liitle searching and since eztraders accept trading in our own currency so i took the change. The platform is so outdated. You cannot see the barometer which shows the percentage oh how many is call and how many is put? What a joke. I was forced to open my other binary acct to see which one is going strong. And yes i wanted to witdraw my money and close the acct but a big NO because of that bonus which i didnt even know about... I have been conned $#*!tt

Apart from that they trick you into choosing a ridiculous bonus contract, 25xbonus within 3 months before you can withdraw or they take all your winnings, my first impression was actually not that bad. Simple layout, easy to understand and use.

However, after playing around for a couple of days I found that the site tends to reload itself to often causing you to log out involuntarily. The stocks might also disappear from the list right before your time is up, so that you cannot follow the latest development in price. Furthermore, if you follow a stock closely and want to take advantage of sudden drops or rises, they will not allow you to do that by stating "Investment fail. Please try again". So you do, again, again and again... Then, just for fun, you choose the opposite (for instance call instead of put), and voila, it works. Except that now the odds are in their favour, and you will most likely loose... And, of course, if there were to be sudden drops or rises when the time expires on your investment, it is considered valid and you loose your money... Now, I am a novise so I will not speak of how common such sudden rises/drops in stock value are, so feel free to comment on that if you have more experience.

And in addition, the "investment fail" error sometimes happens if you want to make a long term bet on a stock with steady decline/increase throughout the day.

I will not blame EZTrader for all my losses, since many of them were just poor guesses on my behalf. Nevertheless, having used the site now for some days my patient is gone and I will not make another deposit. Lesson learned on my behalf, next time I will do more proper investigation before engaging in the trading business.

I am a qualified accountant. I am talking with personal experience. I want to warn people to not to part your money with this company. When you show an interest they are all over you like a rash until you part with the money. They do this with the bonus. But try to withdraw your money and they won't let you until you have traded 25 times. Please note they take your bonus away until you have traded to the value of 25 x bonus amounts. I also very suspicious about their dealing system. DO NOT LET THESE PEOPLE ROB YOU.

I joined EZ Trader with £200 but then was contacted by a very persuading lady to speak to an account manager. He promised to trade £13k of my money and he would add £8k to my account and the profit split would be 60/40. He promised the world and said that after 2 months I could withdraw £5k. He traded 4 times in two months and I slowly watched my money disappearing. Following comms requesting my money back he then told me he would give me my £13k back due to breach of contract. Suddenly there was talk about 'bonus' money (the £8k) which had terms and conditions which I had never been told about. Next thing I know, my account manager is sacked and his manager says I no longer could have my funds returned due to the ts and cs. I was given a new account manager to trade for me to claw the money back but my liquid funds no longer existed so I was never going to see a penny again. And slowly and surely my money disappeared. NEVER use this company.

Please do not use this site - like many others i read very convincing reviews about people making £1000s in weeks - well that was not the case for me - i won and lost throughout the day but its too difficult to know what will go up or down - it changes so rapidly and unless you are experienced in some way in trading i would not try this - i was seduced by "you need no experience" - well i think that is misleading. Also there were some trades i made which i won but did not show up on my balance. I am in a bad way financially and thought this might be a quick fix - thank goodness i only deposited £200 - although that is a large amount for me to lose i just have to swallow it. But please do not end up like me - it was a total waste of time. Please find more realistic ways to make money. Good luck!

To be honest I only put £200 in my account, just to see how it went as I haven't tried this before. But it was still money hard come by and I could have done without losing.
You get roped in as to how easy it is to make these trades and make a big profit but in reality it isn't so. I wasn't looking to be greedy and make thousands, just a little extra income would have been nice.
I joined through Searching profits, and immediately found with that site that you could trade with 15 minutes left and still in the 'green', while EZTrader had already closed the trade, and it was showing in the 'red'! I had left both sites open together to check how it works out. I ended out just using EzTrader, but still got my fingers burned. Namely, sudden drops in the final Second of trade, where I should have been due a payout, and lost it.
It all started off great, and then it went down hill and I ended up with nothing. The amount you bid on changes so rapidly, that even when I placed my trade it would actually change significantly in the second I pressed the trade button. Which would totally alter the outcome.
I also found some of 'trades' which on the 'open/closed' trades area, as I was waiting the last few minutes checking the outcome, it finished on 'expired time 00' with me on 'green' and expecting a payout as shown, but then after a few minutes nothing showed up in my account, and on reloading page it came up that I had lost the trade?! Again in those final seconds no doubt, it had mysteriously dipped but after the expired time. But I couldn't understand how it had showed green while I was still waiting the final seconds down to zero and I was due for a payout, only to not have it payed out as it had changed!
Good that I had only tried this out with a small amount of money as it is easy to get carried away when you are making money, only to lose it all later. I tried to trade carefully with small amounts of money, but still lost it all in the end. Trad carefully, it's not as easy as it's made out to be, and seems to be quite dubious methods used.