On-line since: About the company: EZInvest is a Cypriot foreign exchange and CFD broker. Company. Security of funds EZInvest is a brand name of WGM Service Ltd, a financial services company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). The company also owns EZTrader, a binary options brand launched back in 2008. It is part of the EZTD group which operates in Asia through the recently licensed EZInvest Securities Co. based in Japan. EZTD Inc. is a public company listed on the NASDAQ. Cyprus is one of the most popular forex broker jurisdictions in Europe. However, the regulator applies strict requirements to companies: they must have at least EUR 730,000, all client funds must be kept in segregated accounts, brokers have to be members of the Investor Compensation Fund, and regularly report to the CySEC. Trading conditions EZInvest offers its clients several fixed spread account types and one ECN account. All of them provide micro lots, the leverage of up to 1:200, and commission-free trading. There are both fixed and variable spreads with this broker, and the latter ones are available only on the ECN account. Besides, EZInvest renders swap-free (Islamic) accounts. Minimum initial deposit In order to open an account with EZInvest, traders have to invest a minimum of $100. Such initial amount is considered average; however, you can find brokers that require an initial deposit of only $1. Spreads and commissions All account types with EZInvest are free and offer both fixed and floating spreads. Fixed ones amount to 3 pips on EUR/USD, while variable spreads which are available only on the ECN account with a minimum initial deposit of $2,500 are on average 6 pips on the same pair. Leverage The maximum leverage level offered by EZInvest is 1:200. Trading platforms This broker provides its clients with the MetaTrader4 (MT4) standard trading platform, Sirix Web Trader, and its own mobile application, EZInvest Mobile Trader. The MetaTrader 4 world-renowned platform has more than 50 built-in indicators, advanced charting package, and expert advisors. What is more, it is equipped with the MT4 ECN Bridge technology allowing users to access the interbank FX market for the ECN accounts. Web Trader is an easy to use trading platform which requires no installation. The platform is fitted with the Insightful charts and graphs and also enables users to view and copy other traders’ deals. Besides, they can easily synchronize it with the downloadable version of MetaTrader 4. EZInvest Mobile Trader is a trading application offering all popular instruments. It is available for download for iPhone and Android. Analytics and news EZInvest provides its clients with video tutorials, as well as a basic course, where you can get acquainted with the general notions of trading. Support service It operates via online chat, phone, email, and a feedback form. The website is available in different languages. Payment options EZInvest clients can make a deposit via credit/debit cards (Visa, MasterCard, and Maestro), wire transfers, and e-wallets (Skrill, Neteller, WebMoney, and CashU). Advantages:
Disadvantages:
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Don’t let to withdraw money. They almost doubled my funds in just 20 days so I decided to deposit more. But I wanted to check withdrawal process first. So you requested $100 withdrawals. But it was showing in process all the time. And understand whenever you put withdrawal request they call you to take trade and give reason that you can’t withdraw during open trade. I lost all my profits in one trade only. And then they call me to start again and they were ready to give me bonus of $200 while I have to deposit same amount to start again. But I m not going to fall again for it.
I thought EZInvest is such a nice broker so I join them last month and get a welcoming bonus or no deposit bonus. They do not set their minimum account size and in the first week I got a profit of almost 25% while doing withdrawals and deposits everything run smoothly and fair so I try to make deposits and trade again. But 3 days ago I put a withdrawal request of $200 by wire transfer but they still did not process it. What is happening interference with the system that they use? I contact their support and they said it is problem with my computer or my server, so funny! I think it is because they don't provide a good trading system and platform, overall this broker is unprofessional. I want to change to another broker as soon as possible.
From my experience as forex trader I can say none of other broker is opened and secure than Ezinvest. All deposits and withdrawals of funds are process quickly and conveniently. Moreover, spreads are really tight all over the market hours that is also perfect trading condition.
I will never trade forex with this broker again. Because I have experiences that are quite detrimental to my finances. This brokers was trying to cheat the traders and it happened to me. They offer a high bonus for traders who want to join with them, of course, traders must save a minimum deposit to open an account in accordance with their own set, which is $100. But the bonus that they promised that was lie after I joined them. The spreads is the biggest problem with this broker. I won't recommend them.
Really trading on the Ezinvest plaTFORM is awesome. Especially I preferred their fixed spread which helps me to trade scalping strategy and earn money of $250 so far. I didn't get any trouble with their MT4 trading platform. All of my trades are executed instantly. I say it gives me a hassle-free trading experience. I used Autochartist and one-click trading tools on the platform, So I can analyze my trade perfectly and able to automated trade. Also, my all withdrawals are processed on time through Neteller in many times. Overall I am satisfied with the Ezinvest broker.
Opening an account at EZInvest is absolutely easy and fast but withdrawing your funds would be difficult. I deposited $200 on this broker a few months ago and now that I want to withdraw some of the profits, they are asking for a lot of documents which they don't want to accept. With how it is now, I don't think I will be able to withdraw my funds.
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