Is EZTrader – Online Binary Options Trading Brokerage – a Scam
I received a few emails from our regular blog readers if EZTrader is scam. One thing I can tell you upfront is that EZTrader is associated with several reputed networks. So I don’t really find them scam per say. One big reason why some investors freaked out seems to be that EZTrader has revolutionized the entire industry and how it works. More info on how to open account can be found here: EZTrader Account
Read more reviews about EZTrader at EZTrader Reviews
EZTrader might be the next big revolution in the stock market
I really think EZTrader could prove to be the next big thing for investors who do not have time to research too much into lot of stocks. So you do research on what you are confident about and then go in and place your trade with EZTrader. You will find out in a matter of 3-60 minutes, you will know the result of your trade.
Do not Gamble with EZTrader
That will be the biggest mistake you could ever make if you ever tried to gamble without thinking much with EZTrader. That is because the speed at which you can lose money is very high. Once that is the flip side of fulfilling your dream of becoming rich fast, you do not want to blindly play. But if you conduct proper research.
If you have any experience with EZTrader or if you are having problems with them, please feel free to use this as a forum to communicate that to fellow investors.
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29 June 2012
I opened and acct. with eztrader by mistake, there ad was on another site that I was interested in,, I asked them to refund my money but so far they have not complied and it looks like they aren’t going to with all the excuses I am getting,, now they want a picture of both sides of my credit card which I am not going to give them, so I suppose that means I am not getting my money back,,has anyone had any problems with this trader? What can I do about it,does anyone care to comment?
07 July 2012
I really doubt they will stop responding to you to like that. Can you please post a screenshot showing your communication with the company?
06 September 2012
This company is a definate Fraud they try and get you to keep depositing more and more money. But if you call your bank you will get a refund and they will go after the company and press charges.
I am in the process now. It will take 7 to 10 business days to get your money.
15 October 2012
Me too….still waiting for my 200 $, they don´t reply my mails, can´t get in touch with them by phone….so for me it looks like cheating.
11 April 2013
is a scam, I way my money from March
26 June 2012
Here’s some food for thought BEFORE depositing money:
1. To get your money back out, you have to send them a photo copy of your credit card and other personal information. If you are queasy about this, don’t deposit in the first place unless you plan to have fun and then lose it all.
2. If you get “bonus money” then you have to play 6x your deposit+bonus before withdrawing. So, let’s say you deposit $500 and they give you $200 bonus. You have to gamble with $4200 in trades to withdraw the “bonus money”.
3. Here’s the reason I don’t play anymore. They change trade results after the trade has settled. You win and then a little later, whoops, you lose. Funny how that happened to me three times after I started winning money. And funny how I never had a losing trade suddenly change to a winning trade later on. You see, they never send you electronic confirmation of the trade settlement. You don’t get an email. I’ve seen a winning trade at midnight and the next morning it was turned into a losing trade. If you complain, they ask you to prove it, or they will send you some bogus information that shows you how they were right and you were wrong. Sometimes they reverse the trade if you complain long enough. It all becomes subjective. They change trade results when they feel like it. Stay away. Don’t just walk away, RUN.
27 May 2012
I am beginning to feel it iws a scam. Whem I click a put or call for a stock, the price straight away jump 2 points in the opposite direction even though i have monitor the price to be very stable before I transact. In the end I lost $ on that stock.
After this incident, I decided to quit binary option.
07 December 2011
I’m Haley Martin, one of EZTrader.com account managers.
EZTrader has been online for over 3 years now, having great support service and handling withdrawals as fast as possible. If your withdrawal is delayed keep in mind that it can be caused by either your bank or credit company which has nothing to do with us. We like satisfied returning costumers and therefore try to handle things on the best most efficient side.
If you encounter any problem, you are welcome to call our toll free number 1-800-435-7042 or send an email to support@EZTrader.com
03 February 2012
Eztrader does not return your money or emails or phonecalls. At anytime feel free to prove me wrong. It is never the credit card company or the bank or an ip processor that is at fault for not returning the customer’s money. If you call Eztrader they will give you an excuse why they can not return the money and or pass you on. If anyone has received their money back I would love to hear how you did it.
25 August 2011
Binary options are involved, literally right before the point of expiration. Moreover American options, offer greater flexibility with the ability to be exercised at any time the option contract. Due to the fixed nature of European options is an assumption of lower risk and therefore reduce the burden of premiums. On the other hand, the highest level of flexibility associated with American-style options which means that the dealer can charge a higher premium.
23 August 2011
I guess those that kept trying to pimp this firm as being real have a bit of egg on their faces now? Seems the site has been down for a week now and plenty of people complaining about their money being lost… so where are the defenders of this “company” now?
01 February 2011
I signed up with EZTrader and deposited $500. I want to know when I go to withdrawl why I can’t withdraw my profit? I’ve been told a that it takes up to 3 days…is this true or did I lose my $500 bucks
27 June 2011
Hey Gearld.. Did you ever get your money back!!? I was considering EZTRADER, but decided to do a little research first. I’m finding some negitive feedback.. Let me know what happened?
25 July 2010
Some traders do get sucked in and make trades using the wrong strategy when the market is in the consolidation cycle, and they experience the painful results of that decision, so it’s crucial to have a strategy for each cycle. The bottom line for profitable trades is to identify market cycles as early as possible, and then use the correct forex trading strategy so you flow with the cycles as they change.
18 June 2010
I joined in eztrader..And i decided to deposit the money with 550$..I tried to enter my card details..But it shows that my bank is not accepted…and i simply signed out from my account..After sometime i just signed again with my id..Now it showed the money is depoisted..and it shows the available deposit money..but money is not deposited from my account..Is there any way that eztrader may withdraw money from my account? I m very tensed about this will u please help me..in this case..
19 June 2010
Hi Kiran,
Be assured you will not be “frauded” in any way. Send me your account details in an email to info@comparebroker.com and I can send your info to my contact over there and find out whats up if you like.
16 June 2010
Profitable traders must also have a system and the proper tools to implement it. Stock and forex trading software offers many systems to assist traders. Automated, advisory, and rule based systems are just some those most commonly used. Having access to accurate data quickly is vital for those who trade for a living. There are some amazing software packages offered to traders that allows them to customize a trading system. In addition, there are others that allow traders to utilize more than one system at a time in order to create an even more accurate market shot.
04 June 2010
I’ve been thinking to try investing in options trading but have been very skeptical about it and now Davids comment has scared the s#*t out of me. Cos if I put my money in, I’ll definitely want to take some out after some profit made on trading. Whats the point of tying down my money and not been able to use it? I read this article cos I needed to know if options trading is a scam or not, now I am more confused!!!
04 June 2010
Hey Kabir,
Options Trading is not a scam. People misunderstand it and start calling it scam. If anything options trading is actually less risky because you are putting way less money.
EZtrader is not for normal options trading. They do binary options, where all you do is bet on the direction of the stock and bets expire every hour. So you can make money every hour. If you play it right, their payout is actually pretty awesome.
If you still have any hesitation, email me at support@comparebroker.com. Take care and good luck!
20 May 2010
It is as good as betting money on flip of a coin calling for heads or tails, and if by chance u win, your money is stuck with them for ages. GOOD LUCK with getting your money back.
04 June 2010
David,
Are you speaking from a personal experience or just based on what “he / she said”? Reason why I ask is that EZtrader is a very famous company and I do not believe they hold your money like that. If you experience any issues, email me at support@comparebroker.com and I can inquire from my contact. Be assured, EZtrader is legit. They do binary options trading which is different than normal options and people who don’t understand, start calling it scam! And yes its binary thats why its a Yes or No decision. You bet on the direction of the stock and hence its called binary options! Don’t just blame the system man if you don’t know how to play the game.
18 March 2012
I would have to agree with you when you say “Good Luck” getting your money back. I deposited $200.00 in an EZ-Trader account and in one day I made $88.00. I decided that I wanted to withdrawal the money and stick with buying stocks as the risk was to much. EZ-Trader deposited the initial $200.00, but the remaining $88.00 was never deposited. I have been in contact with EZ-Trader for two months now and all I get told is that the transaction is complete, but my bank records clearly indicate the deposited amount was $200.00
07 March 2010
Thanks for the information. I am always looking for more information on trading and your posts are good.
07 March 2010
You are welcome! I am accepting guest posts these days if you are interested.
02 March 2010
How much money does the Treasury typically print?
03 March 2010
They must add money to the system to account for a growing population and the international trade deficit. How much money does the Treasury typically print to counter this? If the answer is–’They Don’t', then the printing of money now for the ‘bailout’ is a forgone conclusion to the ongoing loss of money per US capita.