EZ Trader Review |
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General info |
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EZ Trader is one of the most professional and reputable binary options brokers. Its history starts in 2008 when the EZ Trader platform privately held by WGM Services was launched. WGM Services is part of the Win Gaming Media group, a company publicly traded on Nasdaq WGMI. |
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The EZ Trader assets and options offer is quite impressive, dozens of different options being available throughout the trading hours. |
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This broker pays special attention to its clients, having a team of multi-lingual account managers available nonstop from Monday to Friday, during market’s opening hours. The account managers resolve the customer service issues and assist the clients in trading strategies. |
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Minimum investment: 100 USD |
Options profitability: from 65% to 95% |
Option refund if out of the money: 0 to 5% |
Can trade: Forex, Indices, Stocks, Commodities |
Traders from USA: Allowed |
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Main features
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The EZ Trader assets list contains 9 currency pairs, 4 commodities (Gold, Silver, Crude Oil and Natural Gas), more than 40 stocks (From US, Europe and Asia) and 4 indices. |
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As of their expiration times the options have hourly, daily and weekly deadlines. This way all traders can find options to suit their trading style and strategies. |
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The user-friendly trading platform is a web based application so it does not require download. For now EZ Trader is available only in English but is expected that in time more languages to be implemented. This way more traders worldwide will be able to trade in their native language or at least in one of the widespread languages. |
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The trading account currency is set during the registration process and remains fixed, the customer being allowed to choose between euro, US dollar and pound sterling. The deposits can be made using credit/debit cards (Visa, Mastercard and American Express), wire transfer or Moneybookers. |
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The options expiring in the money receive a payout ranging from 65% to 85%, while for options reaching their expiration out of money, EZ Trader refunds up to 5% of the initial investment. |
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Special features
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A special feature that EZ Trader created out of commitment and consideration for its clients is SellOption. This unique feature allows traders to sell back their options to EZ Trader before their expiration time. It does not matter if at the selling time the option is in the money or not, but the payout depends on the market conditions. |
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Unfortunately the Selloption is not available for all options but the ones that enable it are marked with a special icon. This means that you can easily identify the options with this feature in the Trading Area and purchase them with one click. |
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