Forex industry is rapidly changing, and one of the main reasons for this is the fact that many binary brokers are switching their focus to forex industry due to restrictions in the binaries. EZinvest is the latest company that under new management and ownership decided to focus on forex industry.
EZinvest is now a forex broker under the ownership of WGM Service LTD, located in Nicosia Cyprus. They also have a CySEC license with number 203/13. Considering new trends among financial trading regulators, such licenses are no longer the matter of good will, but a necessity to continue operating business.
What does EZinvest Offer?
EZinvest, previously a binary broker, is now forex and CFDs broker that, as most brokers nowadays, does not accept traders from the United States of America and Canada. The new forex broker is also mentioning how they are following advanced security protocols such as SSL. Your data should be safe from third parties at all times.
EZinvest also mentions that they are keeping their funds in separate accounts, but what does it mean for forex traders? To put things simply, this means that the money you deposit goes into one account, while the money needed for everyday company operations is being used from another account. In the past, some brokers used clients’ money for their own pleasure, but thanks to segregated accounts such behavior is impossible.
EZinvest now also obliges with all international anti money laundering regulations and keeps the business clear and transparent. This can be seen as another proof of how regulated this forex broker really is. Also, EZinvest is not accepting funding from third parties.
EZinvest – Short Forex Broker Review
As already mentioned, EZinvest is now primarily a forex broker that also offers CFDs for commodities, stocks, and indices.
Traders can select among two different trading accounts. One account is a so-called real account, that requires a minimum deposit in the amount of $100. The other type of EZinvest account is a demo account. Demo account is completely free and works as an identical twin of the real trading account. The main difference is that no money can be lost and no profit can be made, but you still get an excellent overview of the entire trading platform. This is extremely beneficial for traders who never faced the complexity of forex platform before.
Also, there is plentiful of educational material available for traders who want to know more. They can follow daily news directly on the website. Also there is a social trading element added to the forex trading experience.
EZinvest Trading Platforms
Forex trading platforms are of crucial importance for traders who want to participate in currency markets. EZinvest along with their new policy offers new platform selection. Traders can select among MetaTrader4, MetaTrader4 ECN, and Sirix. MetaTrader4 and MetaTrader4 ECN platform require download which is something forex traders are used to when it comes to this trading software provider.
Sirix, on the other hand, is a web based platform. This means it doesn’t require any downloads. It can be easily accessible from any device connected to the internet, as long as the trader has username and password by his side. Sirix platform nurtures more modern approach towards forex trading.
When it comes to customer support, EZinvest follows the footsteps of success by implementing live chat and several other options. EZinvest also included a callback option. After filling a form you can request a callback from their agent. This is very convenient for traders who prefer more personal approach. Usual communication methods such as email, phone numbers for Germany, UK, Italy, India, Cyprus, and others are available as well