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/10

Ez Trades FX

Seychelles|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.eztradesfx.com/

Website

Rating Index

Contact

+61 282-058222
support@eztradesfx.com
https://www.eztradesfx.com/
Oliaji Trade Centre, Victoria Mahe, Seychelles

Licenses

No valid regulatory information, please be aware of the risk!

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No restriction on the broker account. Support service provided by WikiFX

Single Core

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Contact number

English

+61 282-058222

Broker Information

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Company Name

Ez Trades FX

Company Abbreviation

Ez Trades FX

Platform registered country and region

Seychelles

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2023-11-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Ez Trades FX · Company Summary

Since Elderton Capitals official website cannot be accessed for the moment, we could only piece together the rough picture of this broker through collecting some relevant information from other websites.

Basic Information
Registered Countries Seychelles
Regulation No License
Minimum Deposit $250
Maximum Leverage 1:600
Minimum Spread From 0.1 pips
Trading Platform N/A
Trading Assets N/A
Payment Methods N/A
Customer Support Email & Phone Support

General Information

Registered in Seychelles, Ez Trades FX is an offshore forex broker provides access to forex and CFD markets. With the Ez Trades FX platform, five types of trading accounts are available, with the minimum deposit starting at $250.

However, when it comes to regulatory information, Ez Trades FX 3 disappoints us as it is not authorized or regulated by any regulatory authority. Thats why WikiFX gave this broker a very low score of 1.10/10.

wikifx

Account Types

A total of five available trading accounts are provided: Starter, Islamic, Gold, Platinum, VIP.

The account type is determined by the initial deposit, for instance, $250 is what requires for a starter account. Honestly, the minimum deposits required by each account is way too high and I bet very few legit brokers would do this.

So, we strongly recommend that investors should take care when dealing with this broker.

Spreads & Commissions

Trading accounts determines the commissions and spreads. The starter account provides the minimum spread from 1 pips, while the VIP account offers the minimum spread from 0.1 pips.

Leverage

Maximum leverage for major forex is 1:30 in Europe and Australia, and 1:50 in the U.S. and Canada, while Ez Trades FX enables its clients to use leverage of up to 1:600, which is significantly greater than the limits judged appropriate by many regulators.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size (no more than a 1:10).

Customer Support

Contact this broker using the following methods if you have any questions or problems with your trading:

Telephone: +61 240-722632

Email: support@eztradesfx.com

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
Multiple trading accounts options No regulation
High Leverage High minimum deposits
Commissions not specified
No online chat support
Limited payment methods
No MT4 or MT5 available

Frequently Asked Questions

Is Ez Trades FX regulated?

No, Ez Trades FX is not regulated.

What is the minimum deposit amount required to make a start with ADAR Capital?

The minimum deposit amount required to register a live trading account with the Ez Trades FX platform is $250.

What trading platform does Ez Trades FX offer?

What Ez Trades FX offers is not the MT4 or MT5 trading platform.

User Reviews

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3

Comments

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小磊哥
more than one year
Customer support is useless and does not assist with anything! There is sooo many bad reviews but I can’t understand how they have a high rating! ****!
2023-03-01 09:33
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0
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襄水
more than one year
Several guys from this company has contacted me these days and I clearly know that this is 100% scam. This Ez Trades FX is extremely young, not regulated by any regulatory authority, which is dangerous. Trading with this broker is taking huge risk of losing your money, beware, guys.
2022-12-05 16:43
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0
0
花晗坊 雪晗
more than one year
Is this brokerage firm new? I was thinking about viewing their website and checking out their trading conditions. Oh, no! Why can’t I access it? Did something happen?
2022-12-05 15:01
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0
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