I joined EZ Trader with £200 but then was contacted by a very persuading lady to speak to an account manager. He promised to trade £13k of my money and he would add £8k to my account and the profit split would be 60/40. He promised the world and said that after 2 months I could withdraw £5k. He traded 4 times in two months and I slowly watched my money disappearing. Following comms requesting my money back he then told me he would give me my £13k back due to breach of contract. Suddenly there was talk about 'bonus' money (the £8k) which had terms and conditions which I had never been told about. Next thing I know, my account manager is sacked and his manager says I no longer could have my funds returned due to the ts and cs. I was given a new account manager to trade for me to claw the money back but my liquid funds no longer existed so I was never going to see a penny again. And slowly and surely my money disappeared. NEVER use this company.
I am a qualified accountant. I am talking with personal experience. I want to warn people to not to part your money with this company. When you show an interest they are all over you like a rash until you part with the money. They do this with the bonus. But try to withdraw your money and they won't let you until you have traded 25 times. Please note they take your bonus away until you have traded to the value of 25 x bonus amounts. I also very suspicious about their dealing system. DO NOT LET THESE PEOPLE ROB YOU.
Its a rip off if you want to win any money. If you want to play with your own money, that being you send them money you win it back, they send you what you invested back. Than its your place to play. Of course its all ways posible you want win back your investment and they get to keep it.To make things plain they want send you back any winnings over and above what you put in. I have been trying to get $750. From them for all most a month and they still want send me a dime. They just give me a run around.
Nothing new to add but just to re-inforce previous comments: I used the bonus, realised this type of trading wasn't what I was looking for and closed my account. The so called £100 bonus was then deducted from the amount of my original investment and to date I am still waiting for the balance to be refunded.
A great site for all those who have the knowhows of realtime trading in different indexes and commodities. I used it personally to try and sadly cuz i was pretty new to the trading scene, i lost some dosh. So beware unless you know your trading and your real time ups and downs on stocks, don't use them. But they offer great returns if you actually can bid the right options. To be honest, people can make big money on it, as long as they really know the trade. And their customer service is really good, i got my remainder balance almost within 48hours in my paypal account.
I have frauded by Eztrader and directly by its owner, SHIMON CITRON. He approved that his trader fraud my money, *******, His, SHIMON CITRONS, answer was. Sue my. I will sue you and a law laysuit in Cyprus takes 10 years and costs ******* so will loose anyway. I always will.
I can't Login into my EZTrader account anymore and can't contact Live Support as keep getting message 'No Live Chat Operator available".
I want to close my account as I had only ONE phone coaching and after that my Broker Manager had resigned!
Please help... Thank you!
Charese
To all people that think of putting a single pound into this scam company. Look at all football teams around Europe that finnaly have found out what type of company Shimon Citron was CEO over. In the end his way of making business, fraud people ( Fined bye SEC USA 1.7 million USD), Fined bye SEC Cyprus 340.000 Euro. Keep in mind that. SEC Cyprus is not the best, extremely bad, in fine this type of company. The reason might be that Cyprus earn a lot of the frauded money.
Eztrader is a company that a extremely innovative in new ways of frauding people don't listening to what their "traders" says. That want you to put in money into their account. Then you have a chance of 4% of getting it back. And within of this 4% there is Eztrader employed. CEC USA fact. So let's say 2%. When it should be 50/50. Wounder why?
My advise if you still think Eztrader is the best way of earning some extra money with a 2% chance of getting your money back. Use them as toilet paper. It will be a good party story. Give them to charity, better that to give the to Shimon Citron. A fraud Israel big "Business man": Go to Vegas and have fun.
I paid $1500 into an account at EZ Trader, then requested the return of the funds (less any resultant fees) at a later date.
The monies were ever returned and were, in effect, stolen.
BEWARE OF THIS UNETHICAL COMPANY.
David Cruse
Perth
Australia
* Please let me know why you bother to say Eztrader is ok. They should be. But they aren't
They, * with friends have a huge fantasy to fraud, scam and steal people's money.
They create stealing robots as ultimate 4 trading, optionavigator and more. Eztraders also manipulates their assets. Ask *
He have tried with lies to explain how Eztraders have "not" fraud people. And for your info. Eztrader was fined by CYSEC for 3.400.000 for steeling money. If you want to be fraud. Eztrader is your Broker.
*Personal information redacted by admin
When you have found out that you have been fraud, because you will, make a complaint to CySEC.
This is very important because without complaints thay can't stop them. Eztrader will say that they follow their regulation but that's a huge lie. If they had they wouldn't have been fin by CySEC.
SECOND: If you haven't opened a account at Eztrader, lucky you... Don't., a deposit dollar is a lost dollar even if you happen to win. They won't let you
Withdraw anything.
LAST: Search on and read on Eztrader scam, Israels Scam, Eztrader Fraud. You will found many fake sites payed by Eztrader. There are some articles from Times of Israel, web site, that's explain the complete fraud. Read it before it's to late.
What a rip off. You think you can make some quick change' only change I saw was the two hundred leave my account. Every time I was doing well it would mysterious, y freeze?! Your having a laugh right
I also lost about $175,000 to a EZtrader broker and 2 fake binary option website as well but I am sharing my experience here so as to enlighten and educate everyone that is losing money or has lost money to a scam binary options, Real Estate Scams, dating scams and fake ICOs.
However, I have been able to recover all the money I lost to the scammers with the help of a recovery professional and I am pleased to inform you that there is hope for everyone that has lost money to scam.
You can reach out to them by searching for Miguel Aruso (cybercrime Investigator) on Quora or you contact wealthrecovery94 AT GeeeMAIL DOT COM
Fail to respond to request to make withdrawal.
Sent all relevant documents months ago but account not activated although they happily accepted my deposit.
Do not use this site.
THIS SITE NEEDS TO BE SHUT DOWN ITS A SCAM THEY TRYED TO BREAK INTO MY BANK ACCOUNT AND TAKE MY MONEY. ALL THERE CONTACTS ARE FAKE WHEN I COMFRONTED THEM ABOUT IT THEY JUST KEEP LOGGING ME OFF PLEASE HELP
I didn't had any problem at this website, I stopped allready few months ago.
Get my money and buyed some nice things of it, maybe in the future again.
THIS IS NOT A COMPLAINT.
I live in the United States and I opened and funded an account with EzTrader. When I went to make a trade, I was blocked by the United States Government to access EzTrader. After the shock of this notice and thinking my money I deposited was lost, I sent a request for a refund of my deposit and to please close the account. I attached the message that I received from the USA embargo of their brokerage company. Within days I received a message that I would be refunded and by the end of the week I my bank account credited my full investment originally structured with EzTrader.
I'm writing this to help support a brokerage company that was fair in there dealings with me. Maybe they are seriously trying to change their image. If, in the future this USA embargo lifted, I would again invest with this brokerage company, just on the simple fact of how they treated me.
I think EZ Trader is a scam. All it provides is a tool to access small trading over short periods. It is certainly Not the 75% successful scheme that was touted and lured me in and no different from any other form of betting.
I was lured in by something about innovation award for students who had perfected a successful trading system which they were offering free to everyone and had expected a predictive or advisory tool but it was non of these by any stretch of the imagination. Why do you think they are in Cyprus?.
They are creaming off the money from your unsuccessful bets, just another form of bookies. Your investment is still there even if your bet is unsuccessful. Its just that they then acquire ownership of it. Very nice work for them too!
Furthermore, when I asked to cash in my funds the refund was £55 pounds short of what I had in my account at the time of my request. I received some gobbledygook, small print answer about percentage of trading over 90 days or something. Complete rubbish, the money was mine and I am entitled to it not some kind of rip off.
If the system is so successful they shouldn't need my small beer money! Think about it guys.
SteveG.
I started up an account with 200€ and instantly I got calls from London asking me to pay in 500€ or 1000€. I said no as I wanted to just look and see what all the fuss was about with spread betting but okay. So I told him no... he would not budge saying it was a once in a lifetime offer that they would give you a percentage on top (probably happens everytime someone signs up), I then receieved other calls and eventually I decided to withdraw my money from the account.
7 days later although they say 3 days processing time they had not even bothered with my withdrawel request and so I contacted them. The first guy had no idea how I had even asked for the money to be paid and said that it would be processed that day and I will get the money soon. After no payments and problems I contacted support again. He told me that it would take in total about 8-9 days from now to get my money back.
Funny, they are quick to grab your money, bombard you with calls, try to make you make further deposits and then when it comes to repaying someone they dont care. This company is the worse I have ever seen. They only cooperate when you threaten them with the consumer protection agency or if you say you'll take action.
BAD COMPANY DO NOT USE!
I urge everyone with an issue to log a case with
http://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=5beac5b7-7580-4018-9423-7c73c9d7b3a3
They are not complying with simple business processes and one cannot close/withdraw once you open an account with them
Answer: Yes I found that too. On the final seconds I was in the green with 00 time left and expecting the promised payout which didn't go into my account! It had dropped mysteriously after the expired time into the red. I lost all my money, albeit I only deposited a small amount.
Answer: Liz D. A: Yes I found that too. On the final seconds I was in the green with 00 time left and expecting the promised payout which didn't go into my account! It had dropped mysteriously after the expired time into the red. I lost all my money, albeit I only deposited a small amount. 16 minutes ago
Answer: Graham to be fair that's not true. You will not get your money back if you lose trades but when I've deposited, i've taken money out easily. No problems. I deposite with other brokers in the past and they have just 'stolen' my money but not eztrader.
Answer: Hi Emanuel, Please accept our apology and understand that a negative occurrence here and there is completely normal and we try to resolve all of them. Regrading your issue: Please provide me with the the email address you signed up with so that we can find your portfolio and from there everything will be taken care of promptly. Please be patient and thank you for letting me know. Regards, Eric
Answer: I have current trades which expired on 01/01/16, but they say I don't have enough to withdraw any of the balance. Not sounding good...
Answer: After reading all reviews from people, if you want to proceed, please go ahead. You have been warned. Try getting your money back then you will realise the true nature of this company.Don't be stupid
Answer: Hi Manish, Can you please be more specific with your question? I'm not sure what account you are referring to. Eric
Answer: Hi Simon, I have forwarded your query to the Head of Sales. Do you remember who your account manager was? Also, your email that you signed up with? This information will make it easier from my side. Please understand that there are delays. It happens at a lot of companies. But we are taking care of it. Eric
EZTrader has a rating of 1.9 stars from 90 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers dissatisfied with EZTrader most frequently mention binary options, total scam and deposit money. EZTrader ranks 176th among Option Trading sites.