EzTrader Scam - Any Clues ? -

EzTrader Scam – Any Clues ?

EZTrader is a trading company that applies binary options to make profit for their customers. It has been prevailing in the market since 2008. It provides a simplified and fast method of investing in foreign exchange, commodities and stocks. It is a viable option for people looking to make money without too much effort by themselves; EZTrader makes the effort for them. It is a global service and aim to provide the best services to their customers. Many people have maximized their earnings in association with this.

Although business is trying their best to provide latest services and opportunities to their customers, there are many reviews going about that it is not valid service. EZtrader scam service is a total rumor. It is just a misunderstanding of some unsatisfied customers who fail to communicate their problems effectively. Here are some common

EzTrder Binary Options Scam – The Problem ?

problems people complain about and their reasoning:

  • Too easy” – many people find it unbelievable that making profit in the exchange market could be so simple and effortless; so they consider it a hoax. This is a result of incomplete research; otherwise one would know that the work is done by the company.
  • Withdrawal limit– Some people have faced problems while withdrawing money because of insufficient funds. They consider it injustice but this is again mentioned in the company’s policies that you have to trade twice the value of investments; in order to withdraw. Similarly, there is account limit before one can withdraw.
  • Refund issues– many people cannot get their money refunded, so they go on the internet, showering the business with bad reviews. They do not consider that there are many people looking forward to taking advantage of a business. The company cannot give refunds to everyone; unless he fulfills the requirements. Most of the time, a copy of both sides of your credit card is required. This makes people suspicious; whereas one can send the copy with the CVV covered.
  • Alternations in price: this is also a common issue but is impossible if you look deep into the working of the company. They cannot alter the prices sent to them, nor is any delay accounted in the calculation of final expiry.

There is no EzTrader scam test, other than trying it out by yourself; or discussing it with a professional. If you plan on collaborating with them, be sure to understand the policies, regulations and working beforehand; rather than complaining later on.

 

EzTrader Rating By SuperBinaryOption

These Points are granted to EzTrader Broker using our rating criteria .

  • User Friendly Platform : Our Team Rate as Very Good which will give  EzTrader 9 Points 
  • Number Of Assets : EzTrader Has 44 Assets to trade which will give EzTrader 10 Points 
  • First Time Deposit :  EzTrader First Time Deposit Bonus is 45% which will give  EzTrader 6 Points 
  • Deposit And Withdrawal Options :  EzTrader Has More than 5 Different Deposit/ Withdrawal Methods ( Wire Transfer, Credit Cards, Moneybooker, Moneygram, Liberty reserve , Cash-U and more ) which will give  EzTrader 10 Points 
  • Customer Support / Live Chat / Telephone Number Availability 
    • Customer Support  : +5 Points 
    • Live Chat : +5 Points 
    • Telephone Number Availability : +5 Points  
  • Regulated Broker ? No which will give  EzTrader 0 Points 
  • Demo Account ? No which will give  EzTrader 0 Points 
  • SuperBinaryOptions Rating : Our Team Rate  EzTrader with 20 Points 

 

 EzTrader Overall rating is

70 / 100

 

Super Binary Option Broker

 

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2 Responses to “EzTrader Scam – Any Clues ?”

  1. Wayne says:

    I had a problem for 8 months with EZTrader, not paying me a withdrawal. Aug 2013 until March 2014
    I found CySEC website, and sent them a complaint.

    This was their response.
    Dear Sir/Madam,

    Thank you for your email. Please note that, on July 24, 2012, the CySEC announced the following:

    “The Cyprus Securities and Exchange Commission (“CySEC”) announces that a new electronic system of complaints submission regarding regulated Cyprus Investment Firms (CIFs) and non-regulated Investment Firms (IFs) has been implemented today. The CySEC requests that the investors follow the procedure specified in the Electronic Complaint Forms, which can be found under the ‘Investors’ drop-down menu, in order to file a complaint.” (http://www.cysec.gov.cy/Downloads/English/Announcements/2012/General/Announcement%2007.24.2012%20regarding%20the%20electronic%20submition%20of%20complaints.pdf)

    As such, we kindly request that you submit your complaint on line by clicking on one of the links below:

    http://www.cysec.gov.cy/complaints_cifs_regulated_en.aspx (for complaints related to licensed CIFs)
    2. http://www.cysec.gov.cy/complaints_cifs_non_regulated_en.aspx (for complaints related to non-regulated entities operating through Cyprus)

    In the case that any of the above links do not work, please copy and paste the corresponding path directly into your browser.

    Regards,

    Complaints Desk
    Cyprus Securities and Exchange Commission (CySEC)

    27 Diagorou, CY-1097 Nicosia / P.O.Box 24996, CY-1306 Nicosia
    Tel. 22 506600, Fax. 22 506700
    email: complaints@cysec.gov.cy
    http//cysec.gov.cy

    EZTraders gave me my money in about 36 hours. After I told them that I was in communication with CySEC.
    So there you go, you can get something done about their unethical practices.

  2. Rick Patterson says:

    Hi Wayne

    Withdrawals should never drag more than a few weeks, nobody benefits from it, not even EZTrader – the company gonna pay anyway so it just hurting the brand reputation. Your case sound very odd, 8 months is extremely long time. Can you please send me your details so I will dig into it and check what happened? You can post it here or send it to my mail rick@eztrader.com.

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