Scammers ( EZTRADER + ultimate4trading )

rsh01

Experienced member
1,184 299
Heres why.....of the 100 trades I tested, 56% resulted in a WIN with a fixed 72% return per trade. 41% resulted in a LOSE with a fixed 100% loss of all capital per trade. 3% resulted in a TIE with a zero outcome. Lots of CHURN and a very slow, long and painful BURN!
It's called binary cos only 2 outcomes: it's either 100% win or 100% loss of stake, the 72% win indicates they're taking 28% commission whether they state that or not. Although it's ridiculous charge, it appears to be legitimate.
(The ties are the rare times the price ends same as when you entered).

Good article on Israel being a hub for binary bucket shops....

http://www.timesofisrael.com/the-wolves-of-tel-aviv-israels-vast-amoral-binary-options-scam-exposed/
 

zaysev36

Well-known member
421 15
It's called binary cos only 2 outcomes: it's either 100% win or 100% loss of stake, the 72% win indicates they're taking 28% commission whether they state that or not. Although it's ridiculous charge, it appears to be legitimate.
(The ties are the rare times the price ends same as when you entered).

Good article on Israel being a hub for binary bucket shops....

http://www.timesofisrael.com/the-wolves-of-tel-aviv-israels-vast-amoral-binary-options-scam-exposed/
I doubt it's that simple. 72% win most likely indicates the amount by which you've increased your bet. Not to mention brokers most always take comission for binaries.
 

rsh01

Experienced member
1,184 299
I doubt it's that simple. 72% win most likely indicates the amount by which you've increased your bet. Not to mention brokers most always take comission for binaries.
er thats exactly what i said.

to clarify:
stake £100
win £72
Lose £100
the binary bet is win or lose 100, you only receive 72 (increased bet to 172 - by 72), the remainder is alleged commissions. no commissions as far as the other poster stated on losing trade?? (not sure if this is same for other binary brokers).
 
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yhsok

Newbie
1 0
I didn't have any issues with eztrader. I have experience trading binary options with different platforms and when I traded with eztrader I always got their support for any issue. I believe that if you, me or anybody else who don't understand something, you should ask the support before you do mistakes, make sure you know and understand what you are trading and what you are risking.
 

Jayef

Newbie
2 0
Yhsok you should see all the comments (or at leat the first ones) to see all the fraudulent actions EZ Trader and Ultimate4trading did before commenting that.
I agree you should ask the support of a TRUSTED broker yhsok. But it's obvious the support of a fraudulent broker will always "help" you.
I just got worried about someone talking good things about EZ trader. They're bulding an important fraudulent "business". Everyone stay away.
 

zaysev36

Well-known member
421 15
Yhsok you should see all the comments (or at leat the first ones) to see all the fraudulent actions EZ Trader and Ultimate4trading did before commenting that.
I agree you should ask the support of a TRUSTED broker yhsok. But it's obvious the support of a fraudulent broker will always "help" you.
I just got worried about someone talking good things about EZ trader. They're bulding an important fraudulent "business". Everyone stay away.
Well, you're surely not the one showing them a lot of support, aren't you? :LOL:
 

Jayef

Newbie
2 0
Well, you're surely not the one showing them a lot of support, aren't you? :LOL:
:LOL: exactly...

I even make fun of their support asking them uncomfortable questions or even flirting to see what they say :LOL:... but they're normally autobots (personally I think it could be another way to detect a scammer, in certain situations --- the autobot thing, not the flirting thing---).
 

zaysev36

Well-known member
421 15
:LOL: exactly...

I even make fun of their support asking them uncomfortable questions or even flirting to see what they say :LOL:... but they're normally autobots (personally I think it could be another way to detect a scammer, in certain situations --- the autobot thing, not the flirting thing---).
Good thing you've made it clear :D "She hasn't accepted my courtship - she's definitely a scammer!" :LOL:
 

zaysev36

Well-known member
421 15
True. Well, you always need to take everything with a grain of salt, even here
 

Jett F.

Newbie
1 0
Hello Everyone,
Has anyone had dealings with Binaryoptions trading through EZtrader? If so, how do you rate them?



Thanks
Impressive platform so far, at least for simple trading. As I understand, online trading has been going on for a while now and EZTrader was one of the first to provide an efficient platform. The support is reliable and queries’ are attended to promptly, I recommend using this broker. Cheers!
 

dermotobrien

Junior member
40 6
Can anyone honestly trust Binary Options brokers? I hear far too many horror stories. Have a look at FPA, all of the scam findings seem to be Binary Options brokers nowadays.
 

Xavier50

Newbie
4 0
Can anyone honestly trust Binary Options brokers? I hear far too many horror stories. Have a look at FPA, all of the scam findings seem to be Binary Options brokers nowadays.
FPA has a veery good collection of Forex scam alerts. Can`t say anything about honest Binary Options brokers. But don`t rely on FPA in terms of the number of scam findings.
 

zaysev36

Well-known member
421 15
Can anyone honestly trust Binary Options brokers? I hear far too many horror stories. Have a look at FPA, all of the scam findings seem to be Binary Options brokers nowadays.
The basic rule applies here as well: high risk - high rewards. Yeah, binary options are often used by scammers nowadays, but the reward here is also quite sweet.
 

rrogue

Newbie
2 0
Every company will have complaints

Since the first accusation of a scam was posted, the remarks seem to have been spiraling out of control.
Every company will have complaints, it’s always going to be this way but to come to the quick conclusion that there’s a scam is just wrong. EZTrader is not perfect but by no means it a scam. For every unhappy customer there are plenty more satisfied ones.