EZ Trader Reviews 4

Hi all yes ez trading are scammers I put 250 dollers in withdrew profit of £43 so I had about 234 dollers in desided I would like to withdraw and my account has now been blocked so I carnt trued office and adviser carnt get any response from anyone

If you want to loose your money put them into this fraud enterprise

You can not access all the services that the company advertises with

After a couple of weeks they withdraw the bonus you get when you open an account.

And if you get sick and hospitalized they take the rest of your money, so there are nothing left on your account when being discharged from hospital

When you complain the on the robbery they dont answer

They dont send you any information or warnings about what happens before they start robbing your account......

DONT put your money into this company......and tell EVERYBODY you know - both home and abroad - to do the same.....This bunch of thives dont deserve to exist

Ultimate4Trading is affiliated with EZ Trader. Ultimate4Trading is one big scam. Please note that they claim that their business idea is based on donations like Radioheads album, but when you enter the site there is no way to make donations.
In a Youtube video they claim to be endorsed by the following media:
"Boston Financial Herald"
"Far east finance today"
"Financial Chamber of Commerce"
A google search for those media hasn't given any result. They probably don't exist.

The video on Youtube is called: "Ultimate4Trading Winning Strategies Interview"

I recommend that you stay away from this. Also the odds a very much against you if you trade binary options.

Opened an Account with 1000 EUR to try them out. (1. mistake)

I was offered a bonus of 300 EUR from a 'nice' lady that called me on the phone 3 seconds later ive opened an account, which I agreed on (which of course was really bad for me) - And she didnt mention any of the bad terms either (2. mistake)

Traded a little with their platform 'OptionNavigator' (About 16 PUT/CALL trades) - Won some and Lost some more - Total loss 162 EUR - That's part of the game when you trade but nevertheless 3. mistake.

My account now had 1138 EUR (1000+300-162)

Wanted to withdraw my deposit again and guess what : I could only withdraw 607 EUR and not 838 EUR = (Account minus the Bonus) - After a long phone call with a EZTrader-person - He said it was because of some terms I apparently had agreed on.

I later found the terms - And here is what they say:

"You may withdraw your balance at any time, however, if the trading volume required for meeting the bonus entitlement has not been reached then the bonus amount would be deducted from your account balance and the remaining available balance would be free to be withdrawn."

OK - So I think I will get 1138 minus 300 back - But no: Later It also says:

"Any profits generated when the bonus amount has been included in the trading balance, would be cancelled when you apply for a withdrawal."

So the Bonus-deal is like this if you want to withdraw your deposit:
No upside for you only downside.
All the winning you do is done with our (EZTrader's) Bonus-money and EZ-Trader gets all your winnings.
And all the loosing you do is done with your own money - So you get All the downside.

Account balance is 1138 and bonus amount is 300 - Thats 838 EUR I should be entitled to - And NOT only 607 EUR!!

Expected to get my money back minus the loss I toke - But no.

So when you think you loose 162 EUR - You really loose more than the double: 397 EUR!!

I wonder how this can be legal.

Result after my experience with EZ Trader:
I have lost 162 EUR by trading
I have lost 235 EUR to 'EZ-Trader' on the 'Bonus-deal'

So all in all a very bad and disappointing experience for me - But very nice for EZ-Trader!

And a last thing: I realy hope I will see at least the 607 EUR again.