The brokerage company positions itself as the fastest-growing in the world. Besides, the site owners emphasize that artificial intelligence is built into their cryptocurrency platform. It is worth noting that the firm does not show any legal documents that could confirm the address of its headquarters in London and the presence of a British license.

Is it safe for you to trade here? In our EZ Trades review, we look at important aspects of this broker, including its services and legality.

How to Trade

Clients can trade on Webtrader using more than 1000 instruments. Asset classes include forex, stocks, commodities, indices, and cryptocurrencies. The company cites its main advantages as:

  • Availability of 6 trading plans.
  • Spreads from 0.2 pips.
  • Mobile trading.
  • Bonus up to 100%.

Trading commissions are listed as zero. Meanwhile, the FAQ section states that options trading is charged $0.65 for each contract.

EZ Trades states in the fees that leverage can range from 1:10 to 1:100, depending on the account level. However, the home page of the website indicates a leverage of 1:500.

The brokerage firm provides access to a trading academy, analysis, and technical charts. Strangely, the “innovative platform with maximum customer focus” does not use online chat and has a monolingual interface.

EZ Trades Vital Info

The platform owner does not disclose information about how many years the project has existed, who founded it, and who manages it. We found only one date on the website – 2024, which is indicated in the footer. As for the domain, it was created only in February 2024, which confirms the short existence of the brokerage firm.

The legal registration raises our doubts. Although the company lists an office address in London, it does not mean that it is registered in the UK. We analyzed public registers and private business directories of this country, but did not find Ez Trades in them. Since there is no information about licenses and regulations on the website, its owner lets us know that their financial activities are most likely illegal.

FAQ

What are the key facts about EZ Trades?

The broker ignores the presentation of the history of the brand and its owners. The company is not listed in the registers of legal entities in any country. There is no information about regulation and license availability. The firm is not listed as a tenant at the London address indicated on the website.

What's the risk to my wallet when working with this broker?

The lack of confirmation of legal entity registration and financial regulation is a serious signal to your vigilance. You will definitely lose capital when using cryptocurrency transactions and CFDs with leverage of 1:500. Keep in mind that the UK Financial Commission limits leverage to 1:30.

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