EZTrader Binary Options Broker
Moreover, the licenses issued by the NASDAQ and PCIDSS make this broker the only company on the market of financial services in the world having such an attitude to its own regulation.
The EZTrader trading platform, as claimed by the broker, has become one of the first to allow the customers all over the world to gain access to binary options trading. The platform is really simple, productive, highly profitable and dynamic, and different from similar web platforms.
Today, EZTrader sets itself up as a brokerage company with revolutionary technology of binary options trading. In addition, the broker has selected privacy as its main priority and protects its customers’ information on par with banking secrecy. The broker strong point is stock trading to provide which there is a huge number of various corporations and industry giants stocks presented in trading platform. However, a trader at EZTrader will be able to find a large selection of more classical trading instruments such as currency pairs, indices and commodities, 105 names in total.
Terms of trading
- Profitability - from 71% to 95%
- Loss recovery - No
- Minimal deposit - 200$
- Minimal stake - 25$
- Demo account – No
- Mobile version – Yes
- Education – Yes
Registration and opening an account
EZTrader does not put obligations in completing the extensive registration forms upon its customers. Just a few lines of personal information make the trader to the page of funding his deposit. In this case, instead of having a single currency for opening a trading account as most companies do EZTrader has 3 of them (the American dollar, the euro and the British pound sterling). In this case there is no dividing of customers into poor and rich. All the accounts are of the same level and have equal quality of service, trading conditions, options, training and bonuses.
Exclusive trading platform
EZTrader trading platform really differs from other brokers platforms. It is quite stylish and original. The main advantage that immediately catches the eye and is a very useful feature as well is the presence of 4 trading windows at hand. It is convenient, because you do not have to "jump" from one window to the other constantly reloading the terminal. Essentially 4 windows are enough for effective market overview there are few traders who trade more than 4 tools simultaneously.
However there are only three options types in the platform instead of the usual 4 at the other brokerage companies. It lacks “One-Touch” and “Range” options which are usually added to the platforms as the high-margin instruments.
Website trading area with the platform is protected by the SSL security protocol that has become the norm for serious level companies, which in essence is EZTrader.
However, technical indicators which are at times so necessary to be used while trading are absent. But the platform has a decent selection of expiry dates.
- 4 available trading windows;
- original style in soft colors;
- trading zone security with SSL protocol;
- wide range of available expiration dates;
- agility and speed.
- a lack of technical indicators;
- a lack of “One-Touch” and “Range” options.
EZTrade offers 105 financial assets titles. As mentioned above, most of them are stocks – 66, currency pairs – 14, indices – 21, commodities – 4 items.
In general, there are plenty of trading choices. Nowadays stocks are considered to be the most effective asset for binary options trading because of their great movement predictability.
Types of trading
As said above, EZTrader provides 3 types of options trading, specifically:
- binary options (classic options) - the main condition for profit is the correct trader’s prediction of the price vector direction. To capitalize the profit the price needs to be at least one point higher (for CALL trades) or lower (for PUT trades) than the market entry price (the price at which the trade was executed) at the moment of contract expiration.
- "60 seconds" options - high-speed trading, the life of the order is only 1 minute. This type of option is identical to the "classic option" considering execution and profit-taking techniques.
Sell-option is an option with the new feature that allows you to sell your option back to EZTrader before its expiry time. Why do we need such a function? It is quite simple: the price movement has a waveform with a certain periodicity. Once a trader has bought an option on the Put or Call condition and the price came out to the planned area, a trader can use the «Sell-option» function and sell his option back without waiting for the moment when the price will go back to the losing area.
As stated earlier, training in EZTrader is equal for everyone, both for clients replenishing their accounts with a minimum amount possible and for those who deposited more than 10 000 USD.
At the same time, new traders will be able to find starter materials on the company's website with which they can quickly and efficiently get into the swing of things and get priority skills to trade binary options. At the same time, professional traders will be able to find more complex study materials.
In general, training on the company's website is based on an interactive basis and includes video tutorials, interactive books, encyclopedias and financial calendars.
Professional support 24/5
The company's website provides popular forms of customer support: Live Chat, phone call (with call-back ordering function) as well as e-mail exchange for more detailed and formal issues discussion. Support is provided in 14 languages (including English) and is around the clock, however, given the lack of online financial instruments that can be traded on the weekend customer support is not carried out over the weekend as well.
Deposit and withdrawal of currency assets
EZTrader pleases its customers in this part as all popular in America and Europe types of funding are presented, ranging from pre-paid credit cards, such as VISA, MasterCard, American Express, to many other payment services like WebMoney, NETELLER and others. Transfer of funds to deposit is instant. Withdrawal is available with the same payment systems but the wait for funds being transferred from trading account to the customer’s card or electronic account would be at least 3 days.
- minimal deposit is 200 USD;
- excellent and easy to use trading platform;
- advanced features availability;
- a large number of financial instruments;
- a good selection of deposit/withdrawal means;
- dynamic and fast trading platform;
- good client information and trading protection;
- wide range of expiration times;
- intuitive trading platform;
- three licensing authorities.
- a lack of technical analysis tools in trading terminal;
- a lack of high-margin options.
When choosing EZTrader customer, first of all, chooses a company that is licensed and regulated by three control authorities. This means high trading security and good worldwide accepted trading conditions. Trading with the specified company matches the “easy trader” name and is really simple. The presence of minor flaws in the options of trading platform is neutralized by a good selection of interesting financial instruments and trading conditions as well as a good course of educational materials, professional support and a thought-out banking service.