EZTrader Tutorial

Welcome to the EZTrader Tutorial. The tutorial acts as a guide for new traders who are interested in the EZTrader Binary Options trading platform.If you are reading this tutorial and would like to know more about Binary Options Trading, we suggest that you read the following articles to get an understanding of how binary options trading works.

Binary Options Trading Articles

What you will learn from this tutorial

Register an account at EZTrader
Making the first deposit
Executing your first trade
Requesting a withdrawal

About EZTrader

As the name suggests, EZTrader was built to provide traders an easy to use interface when it comes to binary options trading. EZTrader offers customers with a simple, exciting, dynamic and highly profitable trading platform that is very different from traditional option trading. Due to the simplicity and speed of the ezTrader binary options trading system and the low minimum investment amount, EZTrader.com is caters to investors with different profiles all over the world.

EZTrader operates out of offices in Cyprus, Greece due to the Patriot Act – This is the one way we can operate legally but not have to require customers to give out their Social Security number upon sign up.

STEP 1: EZTrader ‘Open Account’

To open an account with EZTrader simply click “Open an Account – Free!”

STEP 2: EZTrader Registration

You will be taken to the registration form where you will need to fill in the below form completely.

STEP 3: Making your deposit at EZTrader

After you register, you are shown the deposit form. You can choose to either deposit first and then verify your email address or vice versa.

STEP 4: EZTrader Email Verification

Upon a successful registration at EZTrader, you will receive an immediate email confirming your registration. Check your inbox and verify your email address.

Payment Options at EZTrader

EzTrader offers payment options that comprise of Visa, Mastercard, AmericanExpress and Moneybookers. The minimum first deposit one can make at EzTrader is $100. Consequent deposits can be as low as $30.

Executing your first trade at EZTrader

After you have successfully made your first deposit you can now proceed to ‘The Trading Area’

When the trading floor is open (During European & US Trading Hours Monday through Friday), you can trade either end of hour or end of day options on your favorite financial instruments. Simply choose a security that you are familiar with, the direction that you think that its going in and easily make a trade:

* If you think that the option is going up, choose

* Otherwise, pick if you think the option will go down

Today’s Trades Meter is a tool EZTrader provides in order for you to see what other traders think and make the right trading decision. The Today’s Trades Meter is updated every second to provide you the most accurate data about the current trends on the EZTrader platform.

Example of executing a trade

We chose “NASDAQ” as our trading instrument. And choose to “PUT’. Meaning that when the trade expires, we expect the NASDAQ index to be below 2171.177 points. If we win this trade, the payout would be $181, a 81% return on the $100 we invested. The chart on the right gives a visual of the trend for the NASDAQ index. The red dotted line gives a graphical representation of where you choose to either ‘CALL’ or ‘PUT’.

Once a trade is placed you will see the following options:

* Expiration Time of Option: Every option available comes with an expiration time. You can place trades on an option only during a certain period. Most options are available for a period of 30 minutes to one hour and close 15 minutes to lockdown.

*Lastcall: The lastcall is displayed with an hourglass . The hourglass is displayed to alert investors that they can place their trades, just 5 minutes before the option is locked.

*Lock: After the last call, the option is locked. In this period you cannot place or delete your trades.

Some of the other options available before placing a trade are:

* Establishing Rate: At this stage, the option has just been opened. During this process the rates are established. This is notified by a icon

* When a rate is established, it is denoted by a icon.

Viewing your current Trades

When you have executed one or more trades at EZTrader, you can quickly access their status that is displayed in the right side window, as illustrated below:

You can also view your trades by clicking on the ‘My Trades’ tab. ‘Open Trades’ gives an overview of all trades that are open and ‘All Trades’ gives a list of all trades executed by you in a specified time frame.

Requesting a withdrawal

To request a withdrawal at EZTrader, click on the ‘My Account > Withdrawal’ tab. You will be shown your account balance along with the field to enter the amount you wish to withdraw. As a thumbrule, EZTrader refunds money to your credit card up to the amount you deposited. Meaning, if you deposited $100 and requesting a withdrawal of $150, then $100 is refunded back to your credit card. The remaining amount is sent by Bank WIRE.

It is advisable that when you request a withdrawal, first refund your credit card to the amount you deposited. Wait until you accumulate a good amount and then request a withdrawal to your bank account. Note that there is a bank WIRE fee of $25. In some cases EZTrader can pay to your paypal account as well.

Footnotes

The first minimum deposit at EZTrader is $100. Consequent deposits can be as low as $30
The minimum amount to place or execute a trade is $30
Do not place a trade the moment an option opens (unless you are very sure where the price is heading). Monitor the trade fluctuations and place your trade closer to the expiry time.
Do not place your entire deposit amount on a single trade (again, unless you are very sure).
Hedge your funds to minimize your risks
Most importantly, trade safely and responsibly.

[Read the EZTrader Review] [Register an account with EZTrader]