Complaint Review: EZTrader - Internet
- EZTrader Internet USA
- Phone:
- Web: eztrader.com
- Category: Brokerage Companies
EZTrader Total scam to be absolutely avoided Cyprus Internet
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I opened an online account with EZTrader about 2 weeks ago. Within 15 minutes I received a call from 'Amy' who welcomed me to EZTrader and suggested that I needed to deposit funds to commence trading. I deposited US$20k and commenced with about 6 trades, which were about 50% successful. Within 24 hours I received another call, this time from 'Tony Peter' who described himself as a senior account manager. He showed me through the website and made some suggestions about how to trade more successfully.
He then emailed me screenshots of 3 separate client accounts for whom he had been authorised to trade on their behalf. In each case the success rate was about 75%. He convinced me that he was in a position for 24 hours to take on one more client, but to get the VIP treatment of his 'specialised' and personal service I needed to add another US$30k (a total of US$50k) to the account. I did this and he commenced trading for me. On the very first day he conducted 24 individual trades at a success rate of about 20% and losing about 40% of my capital. This was on the first day !
Since then, I have not had a response to my numerous emails to Tony and/or Amy. One of only 2 phone numbers I had was one shown on the website and the other from my phone record of incoming calls. Neither has responded in over a week of attempts. I tried to make a withdrawal to 'rescue' the remaining 60% of my capital, but the system declined. EZTrader is a total scam, smothering new clients with attention until they have your money, then losing it for you, but in any event, totally ignoring you and 'freezing' what's left of your funds. To be avoided under all circumstances !
This report was posted on Ripoff Report on 10/25/2014 12:45 AM and is a permanent record located here: https://www.ripoffreport.com/reports/eztrader/internet/eztrader-total-scam-to-be-absolutely-avoided-cyprus-internet-1184858. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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