- Amplified Profits Review – Can You Really Make Profits Within Just 2 Weeks? - October 30, 2021
- Warning: Instagram Forex Traders SCAM - April 22, 2020
- Wealthy Affiliate Review (Updated For 2022) – Does Wealthy Affiliate Work? - April 18, 2020
Here we bring you one of the most significant and praised binary options broker known for its links with top-most sporting entities and highly legitimate platforms. EZTrader is way different from other online brokerages…
You may take it as a high-end platform that continues to make an impact through constant improvement. EZTrader may well be your top choice. It has a strong and interesting history.
We’ll cover some important facts about this platform. If you are worried about EZTrader scam claims than you need to read this review until the end. As usual, let’s begin with the general overview.
We have conducted a thorough review of EZTrader here at Stopping Scammers however to make things easier for you we’ve put together some links below which you can use to quickly navigate through each of the different sections to find what you’re looking for.
- EZTrader Background
- Is EZTrader Regulated?
- EZTrader Complaints
- EZTrader Withdrawal
- Is EZTrader a Scam?
- Our Verdict on EZTrader
- Get Your Money Back From EZTrader
- A Better (Legit) Way To Make Good Money
Win Global Markets Ltd. introduced EZTrader in 2008. EZTD Inc. then assumed the ownership of the platform. The internal matters of the company had never run smoothly. With an impressive $7.95 million revenue in the very first year brought this broker into the spotlight.
The sponsorship deals with the Bayer Leverkusen (German Club) and Feyenoord Rotterdam (Dutch Club) contributed a lot to the credibility of this broker. Afterward, the platform managed to win sponsorship from the German Handball Federation as well.
Is EZTrader Regulated?
We are extremely happy to tell you that EZTrader is REGULATED by CySEC (License # 203/13). We are happy for we don’t often get find this opportunity to review a regulated broker because they are quite a few.
In addition, the sponsorships from Tottenham football club, A.S. Roma (Italy), and Liverpool Grand National Horse Racing make EZTrader an extremely promising online brokerage.
Even then, the broker never managed to avoid regulatory issues. SySEC fined the broker for Euro 10k on 26.03.2015. Another fine, Euro 340,000 was imposed again by CySEC on 27.11.2015 claiming that EZTrader failed to comply with the anti-money laundering laws.
AMF (France) issued a public warning against the broker on 29.04.2016.
SEC (US) charged EZTrader with $1.7 million on 25.10.2106.
It was in Nov. 2014 when CySEC suspended the broker’s license claiming that the platform was involved in the violations in large exposures. The broker managed to address the issue and resume its license.
In an attempt of making online trading easier for the clients, the broker stretches things beyond limits by ignoring various important trading features. At the moment, EZTrader is relying on the most basic trading features. It is good for the beginners doesn’t offer much for the experienced traders.
Yes, the broker is trying its best to maintain its reliability but the clients complain about the lack of comprehensive services. The increase in the number of fines from regulatory authorities has raised the red flag. Since 2017, things began to change. The broker started to lose sponsorships.
It was in 2017 that the broker’s website lost a significant number of visitors. And the complaints from the clients also started to get harsh and serious. We still doubt those reviews but there is something really worrying because the website lost 80% of its visitors after 2016.
100 currency units are the least you can withdraw. EZTrader charges no withdrawal fee. The surprising fact is that you can start trading by depositing just $50 which is extremely encouraging for the beginners. The platform facilitates Wire Transfer and Credit/Debit Card for withdrawal processing. The processing requires from 3 working days to 5 working days.
Is EZTrader a Scam?
11 years ago, EZTrader came into existence as one of the earliest binary options brokers. Win Global Markets is regulated by CySEC and the company is also registered in Spain, Germany, Sweden, France, Italy, and many other European countries. EZTrader scam complaints are hard to believe. The broker faced from various legal issues paid fines, and then addressed the issues, but we didn’t find a conclusive evidence to associate the broker with a scam.
Our Verdict on EZTrader
2017 marked the black days for EZTrader as the CEO lost its power and had to resign. He criticized the ownership structure and announced that the platform was losing $500k a month. Things never improved since then. The website disappeared from various countries. It is extremely disappointing to see a highly recommended binary options broker biting the dust because of its internal conflicts and tussle for ownership. This is the broker we loved to recommend in the past but today, we don’t even see its existence.
Get Your Money Back From EZTrader
Have you already been scammed by EZTrader prior to coming to this review? We’re obviously very sorry to hear that, but there is actually a good chance of you being able to get your money back.
We’ve put together a free money reclaim guide which walks you through the exact steps you can take to stand the best chance of being reunited with your funds & to date that exact guide has helped thousands of people successfully get a full refund.
So if you have been scammed or lost money to EZTrader then we highly recommend you check it out & you can get access to it right now for free by clicking here.
A Better (Legit) Way To Make Good Money
Whether you have or haven’t been scammed by EZTrader, the truth is we don’t recommend them & we don’t recommend binary options trading in general… But there are actually better ways to make money online.
We’ve come across several VERY good ways (and of course legit ways) to make money online whilst conducting our investigations into scam brokers & there has been one opportunity in particular which has stood out from all the rest.
We have given this opportunity the crown of our number 1 recommendation for working from home & you can get access to it for free by clicking the link below: