logo

EZTrader

Check out our latest communities fighting
AI scams on Reddit and Facebook

This website seems to be closed. Find similar businesses

EZTrader

1.9
eztrader.com

On SmartCustomer, businesses may not offer incentives or pay to remove reviews. Learn more about our Review Guidelines.

EZTrader Reviews Summary

EZTrader has a rating of 1.9 stars from 89 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers dissatisfied with EZTrader most frequently mention binary options, total scam and deposit money. EZTrader ranks 187th among Option Trading sites.

service
4
value
4
quality
4

We monitor reviews for authenticity

GB
2 reviews
27 helpful votes
Follow Graham M.
Unfollow Graham M.
Share Review
Report Review

Scam
June 30, 2015

Fail to respond to request to make withdrawal.
Sent all relevant documents months ago but account not activated although they happily accepted my deposit.
Do not use this site.

Date of experience: June 30, 2015
Germany
1 review
9 helpful votes
Follow Ron D.
Unfollow Ron D.
Share Review
Report Review

Pretty satisfied
June 23, 2015

Read a lot of negative reviews about EZTrader, but I must say that I was pleasantly surprised. Service is quick, the platform is understandable. All in all, not bad

Date of experience: June 23, 2015
NL
1 review
36 helpful votes
Follow PN v.
Unfollow PN v.
Share Review
Report Review

Very bad company, don't put your money in there! I put 1000 euro, traded for a while, and because of the disappointing results, stopped trading last year. Today, I tried to get my money back, but they told me my account wasn't there anymore, because there was 7 months no activity on the account. I asked them where my money was now, they told me that they charged a 100% maintenance fee, I would not get anything back. They told me they warned me three times before, but I had no warning at all. So I lost all of my money on this site.

Date of experience: April 28, 2015
Israel
1 review
7 helpful votes
Follow James M.
Unfollow James M.
Share Review
Report Review

Great Experience
April 6, 2015

No problem depositing, making money and taking it out. Very pleased! :)

Date of experience: April 6, 2015
Sweden
1 review
31 helpful votes
Follow Pernilla L.
Unfollow Pernilla L.
Share Review
Report Review

Total Scam
March 16, 2015

I had a very bad experience with EZ trader, I didn't even start trading, because I read a lot of negative comments om the internet so I decided to withdraw the money I deposited. However, just as Zorro says above it was ever so hard to find out how to do, and after much delay I finally got an answer to my question around how to withdraw where they explained I hade to gamble to earn up my bonus first. Then I answered that I hadn't received any bonus and that there was no withdrawal link at all at my page. After a looong time, months, they answered, yes you are right about the bonus, but if you want to withdraw you have to submit a copy of your passport, credit card and a utility bill. It took me some time before I got time to do this, and when I finally did so, they had closed down my account because I had been inactive, and they had taken my money. MY MONEY, and it was not any bonus. I handn't even made any trades, it had just been standing on their account and then it was gone. They referred to their terms and agreements. I regard it like a robbery.
I also have to add that when I was now going out on internet to warn other people about EZ trader it seems they are kind of controlling some parts of the internet. I went to the site "binary options that suck.com" and I wasn't able to submit any review about EZ trader there. I went to a swedish website (am from sweden myself) where I saw they had made publicity about EZ trader and in the comment field, there were lots of positive comments in incorrect swedish. It looked like google translation and it had english words in it. And I wasn't able to leave any comments although i logged in to the website. Conclusion: employees at EZ trader have written the positive comments themselves and tried to translate them into swedish by google translate. That is sooo low. Stay away from them.

Date of experience: March 16, 2015
France
1 review
8 helpful votes
Follow Branden I.
Unfollow Branden I.
Share Review
Report Review

Other broker
March 15, 2015

I think OZ Robot better than EZTrader. First time, I used EZTrader. EZTrader seems to be very critical & many times give fake signals to me. Then I got the information about OZ Robot click here: (http://ozrobotreview.website/) from my friend. After knowing the service of OZ Robot, I analyzed and just $280 invests it. Now OZ Robot gives me a much better profit than EZTrader across my desire. The EZTrader give me 10%-15% profit beside OZ Robot gives me 65%-80% profit till now. Nowadays, in only 3 days my profit is 2865+. OZ Robot has a great customer support also. To you know more detail information; or 14 Days free Trial. Please go to this site: http://ozrobotreview.website/

Date of experience: March 15, 2015
NL
1 review
5 helpful votes
Follow Dean W.
Unfollow Dean W.
Share Review
Report Review

Pretty satisfied
March 9, 2015

All those complaints i can't get it.
For me eztrader is one of the best brokers in the market, I was at banc de binary and 24 option and with both I had problems.
Trading for 3 months at eztrader and i am satisfied.

Date of experience: March 9, 2015
Spain
1 review
22 helpful votes
Follow Samuel G.
Unfollow Samuel G.
Share Review
Report Review

Total SCAM!
January 23, 2015

Total SCAM! Hidden conditions, you have to upload ID and utility bills to withdraw. If you deposit the minimum, 200$, they give you 40 but you must make bets worth 25 times that bonus before they will allow you to take out a penny. So, the odds are against you. They are misleading and dishonest. Stay away from this site!

Date of experience: January 23, 2015
NL
1 review
6 helpful votes
Follow Gerard L.
Unfollow Gerard L.
Share Review
Report Review

I didn't had any problem at this website, I stopped allready few months ago.
Get my money and buyed some nice things of it, maybe in the future again.

Date of experience: January 2, 2015
NL
1 review
10 helpful votes
Follow daniel W.
Unfollow daniel W.
Share Review
Report Review

I’ve been burned by some brokers but I’m quite pleased with Eztrader. I like their education center, it’s easy and informative.

Date of experience: November 2, 2014
GB
1 review
39 helpful votes
Follow Financial R.
Unfollow Financial R.
Share Review
Report Review

Do not put money with EZTRADER
They will give you a bonus
Then when you want to withdraw they will take the bonus out of it, plus any winnings you had. Thats not including any losses you had.
We put £200 in
Had £40 bonus
Lost lots in two hours
Ended with £146
So tried to withdraw
Told need id
Then told lose bonus and winnings
So get left with £1
So they made £199 with this scam in 3 hours.

If you use this company before they get shut down then your a fool
We have sent a complaint to relevant financial authority on this company, we hope to secure a conviction for fraud.
Review team
Please contact us if you get scammed by these. I got all my money back from them, every penny by threatening them with legal action. It takes some correct procedures to tell them what you are going to do. They paid up very quickly when i told them what i intended to do.

Date of experience: October 28, 2014
Switzerland
1 review
27 helpful votes
Follow Livia s.
Unfollow Livia s.
Share Review
Report Review

I am currently struggling to get my money back - started 2 months ago. This is a real scam - DO NOT put your money there.

EZTRADER -DO NOT INVEST there!

Date of experience: October 20, 2014
Israel
1 review
8 helpful votes
Follow Jacob F.
Unfollow Jacob F.
Share Review
Report Review

One of the best binary options brokers out there: Reliable, regulated and very user friendly. I'm pleased with this platform so far.

Date of experience: September 28, 2014
GB
1 review
32 helpful votes
Follow Carl B.
Unfollow Carl B.
Share Review
Report Review

AVOID AVOID AVOID EZTRADER

This IS A SCAM!

This is what happened to me, please don't fall or it. Put Eztrader into a search engine and read the horror stories - there's alot!

EZTrader Scam:

1. You will be taken in by advertisements and fake endorsements and choose to check out the service.

2. You will then be contacted by an EZTrader representative who will push their bonus option.

3. You will not be given chance to read their terms and conditions before making a deposit.

4. With the promise that you can "just give it a try" using the bonus, you begin to trade.

5. You will (probably, as i did) have a number of problems with the website and decide it's not for you.

6. You will then ask to withdraw your remaining funds.

7. You will be told to prove your identity by emailing scanned documents/ID before withdrawing.

8. You will still not be able to withdraw and will now be asked to remove the bonus before you withdraw.

9. You attempt to withdraw the bonus but all communication breaks down, no replies to emails and no answer to phone calls.

10. They will stall until you're over the 90 days.

11. Then empty your account of the bonus as well as your remaining funds.

12. They will then quote terms that you were not given time to read.

They have a number of clauses in their t&cs that allow them to steal your money!

Date of experience: September 3, 2014
NL
1 review
13 helpful votes
Follow eli j.
Unfollow eli j.
Share Review
Report Review

Please see later addition, below.

Even though EZ-Trader seems to do what it says, be aware about the rather huge volume you need to trade within 90 days of your deposit, or you will not only lose your bonus, but also ALL your PROFITS until that day.
Sometimes you might receive a promotion promising to refund your deposit if you lose it all, but it will only work if you deposit the minimum amount mentioned in the promotion, not less of more.
Somehow they have to earn their money too, of course.

Later Addition:
I should have added that I never made a lasting profit, and just stopped trading completely after having lost my betting initial installment in the first place.

Having read the many warnings about EZ-Traders' refusal to let people withdraw any earnings at all, it would be of great use if some verifyable real persons having been able to make real withdrawels on their profits would post some comments here too.

If I understand it correctly the most positive rating for this posting (before this later addition) originated at EZ-Traders... if true, beware!

Date of experience: August 8, 2014
Florida
1 review
20 helpful votes
Follow raoul L.
Unfollow raoul L.
Share Review
Report Review

I joined Eztrader in 2009. I did over 150 trades. In 2009 they had commodities as gold and silver. As being a jeweler I knew what would happen. Around that time it was easy to cash out. I would literally make extra $300 a week doing it safely. I could cash out through a Paypal method which they did send the funds in 1 week. I did this a few times. I recently came back on the site in 2011 and around that time they took off all the good trading options. So I was limited I made $600 profit in 1 month betting on Nikkei and the Dow. When it was time to cash out my only option was Moneybookers so they told me. So then I had to find someone on the UK who has Moneybookers and have them then Western Union the funds to me. And the cash out time was terrible more than a month just for a little $200. Now I have been fighting them for the last 2 years in getting the rest of my funds. PLEASE DO NOT INVEST YOUR FUNDS IN THIS COMPANY. YOU WILL GET A HEADACHE FROM THE TRADES AND THE WAY HOW THEY RIG THE TIMES ON IT. THEN IF YOU GET LUCKY LIKE ME AND WIN YOU WILL HAVE A BIGGER HEADACHE CASHING OUT. They need to send me my moneys to revise this. *******@aol.com

Date of experience: May 14, 2014
Germany
1 review
25 helpful votes
Follow Ashley J.
Unfollow Ashley J.
Share Review
Report Review

I started up an account with 200€ and instantly I got calls from London asking me to pay in 500€ or 1000€. I said no as I wanted to just look and see what all the fuss was about with spread betting but okay. So I told him no... he would not budge saying it was a once in a lifetime offer that they would give you a percentage on top (probably happens everytime someone signs up), I then receieved other calls and eventually I decided to withdraw my money from the account.

7 days later although they say 3 days processing time they had not even bothered with my withdrawel request and so I contacted them. The first guy had no idea how I had even asked for the money to be paid and said that it would be processed that day and I will get the money soon. After no payments and problems I contacted support again. He told me that it would take in total about 8-9 days from now to get my money back.

Funny, they are quick to grab your money, bombard you with calls, try to make you make further deposits and then when it comes to repaying someone they dont care. This company is the worse I have ever seen. They only cooperate when you threaten them with the consumer protection agency or if you say you'll take action.

BAD COMPANY DO NOT USE!

Date of experience: October 11, 2013
GB
99 reviews
406 helpful votes
Follow Kumar M.
Unfollow Kumar M.
Share Review
Report Review

A great site for all those who have the knowhows of realtime trading in different indexes and commodities. I used it personally to try and sadly cuz i was pretty new to the trading scene, i lost some dosh. So beware unless you know your trading and your real time ups and downs on stocks, don't use them. But they offer great returns if you actually can bid the right options. To be honest, people can make big money on it, as long as they really know the trade. And their customer service is really good, i got my remainder balance almost within 48hours in my paypal account.

Date of experience: March 6, 2011
New Jersey
1 review
25 helpful votes
Follow BEE S.
Unfollow BEE S.
Share Review
Report Review

THIS SITE NEEDS TO BE SHUT DOWN ITS A SCAM THEY TRYED TO BREAK INTO MY BANK ACCOUNT AND TAKE MY MONEY. ALL THERE CONTACTS ARE FAKE WHEN I COMFRONTED THEM ABOUT IT THEY JUST KEEP LOGGING ME OFF PLEASE HELP

Date of experience: February 6, 2011
GB
1 review
15 helpful votes
Follow nathan b.
Unfollow nathan b.
Share Review
Report Review

Its a cash vaccuum of a ponzi, with premises in san jose and an ip from moscow claiming to have location in cyrpus at an address which doesn't exist according to google earth/maps, these people have been up and running a few years now and own a few other sites running exactly the same scam, with an almost identical layout (anyoption.com etc) they also have binary options mock-sites set up for people trying to research the matter, directing you to their own trading sites and trying to give a balanced opinion about a site they profit illegally from (and quite convincingly, he/she/they is/are quite clever) why is this site active? Can someone not investigate and then punish these thieves? I don't think the 'well if you're stupid enough to give your money away...' response is any less cowardly than telling a little old lady who's had her handbag beaten off of her to 'toughen up a bit' - this whistle has been blown

Date of experience: November 24, 2010

From the business

We offer traders the option of trading through binary options, supplying customers with a simple, exciting, dynamic and highly profitable trading platform that is different from traditional options trading.


eztrader.com
Nicosia