Independent rating of Forex broker EZINVEST

About company

EZINVEST is owned by GM Service Ltd. The company provides online services for Forex and index trading. It is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). EZINVEST is a publicly traded company listed on NASDAQ, one of the leading US stock exchanges. The broker is also part of the EZTD group, which operates in Asia through licensed Ezinvest Securities Co, located in Japan. EZINVEST is headquartered in Cyprus. This is one of the most popular jurisdictions among intermediary companies in Europe. However, such popularity of the place of registration among the brokerage companies is not due to the fact that the regulator imposes less strict requirements. On the contrary, CySEC puts forward quite tight requirements for the companies who wish to obtain the license. For example, the broker must have at least €730,000 in their accounts. Additionally, all the money of their customers must be kept in segregated accounts. Brokers are required to be part of the Investor Compensation Fund and keep records.

Trading conditions

• currency pairs, CFDs on indexes, commodities, CFDs on stocks, and cryptocurrencies
• access to several types of accounts with a fixed spread and one ECN account
• micro lots trading
• no commission
• free demo account
• one-click trading
• Islamic account
• expert advisors
• contests and promotions
• wide array of trading platforms, including МТ4
• free educational courses, video lessons, online seminars and webinars
• economic calendar
• FAQ section
• round-the-clock customer support
• expert reviews, insiders’ secrets, and current market trends

Trading platform

EZINVEST offers its clients a wide choice of trading platforms: MetaTrader 4, SIRIX Webtrader, and EZINVEST Mobile Trader. The MetaTrader 4 trading platform provides access to Forex, CFDs, commodities, and futures. It contains all the necessary instruments for traders to respond to market changes quickly. MT4 offers many opportunities for charting and helps traders to benefit from custom indicators and strategies. In addition, this trading platform is highly praised for its impeccable work without bugs. SIRIX Webtrader provides traders with enhanced trading functionality. It is available online 24/7. This quick and user-friendly trading platform allows investors to enjoy such benefits as one-click order execution, opening and closing trades, setting stops and entry limits A special advantage of this software is the social trading feature that allows speculators to view the live actions of professional traders. Thus, with the help of SIRIX Webtrader, beginners get the opportunity to copy successful trades of more experienced investors, performing them in exactly the same manner, down to the last detail. However, automated imitation of all actions is not enabled. EZINVEST Mobile Trader is the broker's own mobile platform. This lightweight, fully capable trading app is available for download for iPhone and Android. The app helps speculators to access and manage their trades instantaneously and place orders on their desired financial instruments directly. EZINVEST Mobile Trader allows free downloads and charges no hidden fees for usage. It provides free tick charts and powerful reporting capabilities. With the help of this trading platform, investors can view the status of other users’ accounts online, as well as execute and check pending orders.

Support service

The support service is available 24/7. Clients can contact the company's managers by live chat, email, and phone numbers listed on the official website. They can also fill out a feedback form.

Traders’ reviews

There are both positive and negative reviews about the company. Many traders praise the broker for the impeccable work of trading software without bugs, as well as for fixed, though not the lowest spreads. Among the drawbacks, customers highlight unjustified account disconnections, incompetent work of the support service, and problems with the withdrawal of funds.

Advantages:

• regulated broker
• wide array of account types
• great choice of trading platforms, including MT4
• free demo account
• no commission
• one-click trading
• expert advisors
• Islamic accounts
• contests and promotions for traders
• wide range of free trading materials
• round-the-clock customer support

Disadvantages:

• high initial deposit
• high fixed spreads
• no bonuses or affiliate programs