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EZTrader
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EZTrader

eztrader.com
GB
1 review
38 helpful votes
Follow Lynsey K.
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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.

Date of experience: August 9, 2015
GB
1 review
32 helpful votes
Follow Jude D.
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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.

Date of experience: August 28, 2015
Texas
1 review
17 helpful votes
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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.

Date of experience: August 14, 2010
GB
1 review
6 helpful votes
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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.

Date of experience: April 8, 2016
GB
98 reviews
406 helpful votes
Follow Kumar M.
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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.

Date of experience: March 6, 2011
Sweden
1 review
7 helpful votes
Follow Shimon C.
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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.

Date of experience: March 30, 2017
Australia
1 review
15 helpful votes
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Login Failure
January 11, 2016

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

Date of experience: January 11, 2016
Sweden
1 review
4 helpful votes
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Total scam
July 27, 2017

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.

Date of experience: July 25, 2017
Australia
1 review
11 helpful votes
Follow David C.
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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

Date of experience: March 22, 2016
Arizona
1 review
13 helpful votes
Follow Shimon C.
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* 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

Date of experience: July 6, 2016
Sweden
1 review
14 helpful votes
Follow Shimon C.
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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.

Date of experience: May 30, 2016
GB
1 review
27 helpful votes
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Terrible
August 3, 2015

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

Date of experience: August 3, 2015
Illinois
3 reviews
8 helpful votes
Follow rodriguez a.
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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

Date of experience: September 3, 2018
GB
2 reviews
27 helpful votes
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Scam
June 30, 2015

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.

Date of experience: June 30, 2015
New Jersey
1 review
25 helpful votes
Follow BEE S.
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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

Date of experience: February 6, 2011
Netherlands
1 review
6 helpful votes
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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.

Date of experience: January 2, 2015
Illinois
1 review
17 helpful votes
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Banned By United States
October 17, 2015

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.

Date of experience: October 17, 2015
GB
1 review
15 helpful votes
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EZTrader Rip Off I Say!
January 14, 2016

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.

Date of experience: January 13, 2016
Germany
1 review
25 helpful votes
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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!

Date of experience: October 11, 2013
GB
1 review
8 helpful votes
Follow Lee R.
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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

Date of experience: March 31, 2016

Overview

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.

service
4
value
4
shipping
2
returns
2
quality
4