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Score
Cyprus
Regulated in Cyprus
Market Maker (MM)
MT4 Full License
High potential risk
Influence
Add brokers
Comparison
Quantity 33
Exposure
Score
Regulatory Index3.84
Business Index8.24
Risk Management Index0.00
Software Index9.44
License Index0.00
Single Core
1G
40G
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Company Name
WGM Services Ltd
Company Abbreviation
EZINVEST
Platform registered country and region
Cyprus
Company website
X
YouTube
+35795579964
Company summary
Pyramid scheme complaint
Expose
I would like you to resolve why 14 days ago I requested the withdrawal of my capital and I am still waiting for it to be approved.
I had the same experience as everyone else, I invested 200 and then 4000, in the end they convinced me that I would make a lot of profit, which I did, but they never allowed me to withdraw. Scammers.
I can't make withdrawals, they tell me that I have to deposit money in order to withdraw. I opened the account with $250.00 and I have been trading and the account has increased to $1614.00. I made a withdrawal of $50.00 and another of $100.00. Today they tell me that my account is inactive and I can't make any more withdrawals because they cancel my request.
the same issue happened to me .. susana. hi susana! I hope you are reading this comment I requested to close the account due to the broker susana was calling me all the time saying hi dear hi handsome how are you Today? on vacation I'll go to visit you to your country jaja I'm not too fool to believe it she was asking to invest more money , I started making an investment of $250 just $50 came back to my account . when requested to close the account I had $289 then the broker susana said in 5 business day you will get the money back ..after 7 days I checked the account out it was empty susana opened operations without my my permission and money faded away so financial department sent an email saying you opened operations and you lost the money ! .. I would not loose my time creating this comment wheter it were a lie .. Do not invest in this platform they are robbers ' tu dinero y ganancias no regresaran a tu cuenta jamas , cuida tu dinero que tanto te cuesta ganarlo dios
He kept asking for more funds all the time, I gave him USD 3.500 and could only withdraw 100, every time I wanted to withdraw I couldn't
I started in May. At first I invested 200, then I ended up depositing 3600. From that total, I made a lot of profits, but only withdrew 50. After that, they started canceling the withdrawals. Currently, they have opened operations for me and I have lost practically everything. I have all the evidence.
I am called from different numbers which I leave here for you: +31633501517, +593973044558, +447488811232. I want to recover my amount of $205 that they made me deposit since when I mentioned how I could withdraw, they told me that I still couldn't do it and that it would take 2 days, but time has passed and there is still no response, and yet they call me to keep investing.
On August 30th, I made an initial investment with EZINVEST and on September 3rd, due to insistence and false promises of returns and bonuses, the advisor assigned to me convinced me to invest an additional $800. From then on, she only called me 3 times and opened trades under the understanding that she was teaching me, but in reality, I didn't understand anything about the foreign exchange market. In the end, she stopped responding to my chats and I saw my numbers decreasing instead of increasing, while she was nowhere to be found. Until it reached a point where I had nothing left, only negative numbers. I reached out for support, providing evidence of what I had explained, screenshots, and even then, it was difficult to get a response. Until yesterday, September 14th, I received a call from someone claiming to be a legal advisor from the company, saying that the woman had been fired for misconduct. However, they are now asking me for an additional $210 as insurance, in order to recover my money.
I initiated a funds request two weeks ago, and the Ez Invest team has responded that continued activity and transactions are required for another two weeks before processing.
I started with 1.700 and to make my first withdrawal of 630 they made me deposit another 1.800... I made that withdrawal and then they made me deposit 8.000, saying that with that amount I would finally see profits. The advisor called me twice and never called me again, and now I want to recover my capital and still can't.
Everything started super well. I managed to make profitable trades, but since I only started with $200, they asked me for more capital to level up, promising countless benefits that I never received. They had me open trades that made me lose all my capital (without stop-loss even though I asked), and when I begged them for information, for a solution, for advice on which trades to close to avoid losing my money, they didn't reply. When they finally responded, they told me not to worry, that they would help me transition to a risk-free account to recover the capital and assign me a bonus to compensate any loss and make withdrawals, I made said deposit three weeks ago and they still haven't restructured my account. I ask for explanations and they don't give any. They keep dodging, I ask them to call me and they don't. I just had surgery and can't work, I need to pay my debts (credits and loans).
I am owed approximately $18,000.00, but they have only sent $300 so far. My investment was $2,000 and I ended up sending $9,089.00 to avoid losing my investment, but they did not send me my money. They made the excuse that my card has a limit for receiving money, which is not true. I asked for evidence of the supposed transactions that did not go through, but they did not send me anything. I did not understand and they do not give me explanations as to why. Also, when I had profits from a trade, they were supposed to close it after obtaining the profits, but they left it open, causing a negative balance which they used as an excuse to not send me my money. I decided to close all the trades because I did not want to continue and I needed my money, especially since I am going through my cancer condition, which I made known from the beginning. They told me that in order to send me my money, there had to be open trades and they would be sending me two payments. They opened trades without authorization and manipulated my account.
I would like to delete my Ezinvest account and withdraw my money. They told me that they would confirm it through email and I haven't received the message yet to sign and delete my account.
This is the worst, it doesn't let you withdraw your money and positions magically close. I also sent them an email and their responses were that it was already directed to the corresponding department. They invite you with 250 and then they tell you to deposit more money in order to withdraw, but they don't make the deposits.
The following is to inform that this company is fake, it's pure scam. I started in July of this year wanting to learn how to invest and they told me that I needed 250 USD to start, which I deposited. Then they asked me for 1000 USD and since it was promoted as safe, I proceeded to deposit that amount as well, something I regret. Until today, I haven't been able to withdraw, they always come up with a new lie. They say I can't withdraw if I have open orders, I close them and request the withdrawal and they cancel the withdrawal request and even open orders without my authorization, they have even tried to take money from my card. I would like to know if there is anything I can do to recover my investment, as I haven't lost anything, even on their website it says I have 2.6k dollars, which I know is a lie. I attach images to see if it helps. Many times they even express themselves poorly regarding the request. Here is the evidence.
I started trading for the first time in August of this year 2024. I started with the minimum of 250 and then the broker convinced me to deposit 2,400 US to work with Nvidia. She promised me that I would make profits in 10 days, but that never happened. Instead, the stocks kept dropping from 130 to 100 and my account went into negative. She asked me for more money, but I didn't have any more. To save my account, I took a loan from the bank for 3,000 US. But then the broker told me that if I could get 5,000, she would approve a bonus of 10,000. So I deposited the 5,000 and she promised me that she would take care of the loan installments with the bank. However, it turned out that the account went down again and she asked me for more money. In my desperation, I confronted her and her finance manager, asking why she asked me for more money. They wanted me to deposit again, but I had no other source than my credit cards. This week, they told me that we could close the account, but I had to deposit 9,800 US. I could only reach 5,000, but they won't give it to me.
EZInvest Review Summary | |
Founded | Not mentioned |
Registered Country/Region | Cyprus |
Regulation | CYSEC |
Market Instruments | Forex, Commodities, Indices, Shares, Cryptocurrencies |
Demo Account | Available |
Leverage | Up to 1:400 |
Spread | From 0.5 pips (Diamond Account) |
Trading Platform | SIRIX WebTrader, MT4 |
Min Deposit | $1,000 |
Customer Support | Phone: +27 212 048 664 |
Email: support@sanusfinancial.com | |
24/7 Online Chat: yes | |
17 Midas Avenue, Olympus, Pretoria, Gauteng 0081, South Africa |
Under control by CYSEC, EZInvest provides trading across several asset classes including Forex, commodities, indices, shares, and cryptocurrencies. Their system gives access to more than 400 instruments by including SIRIX WebTrader and MT4. EZInvest suits traders all around with leverage up to 1:400 and competitive spreads.
Pros | Cons |
Offers both SIRIX WebTrader and MT4 | High minimum deposits for premium accounts($1000) |
Regulated by CYSEC | No mention about deposit and withdrawal fees |
Access to over 400 instruments |
Regulatory Status | Regulated |
License Type | Retail Forex License / Market Making (MM) |
Regulated By | Indonesia / Cyprus(CYSEC) |
License Number | 203/13 |
Licensed Institution | WGM Services Ltd |
EZInvest provides over 400 trading instruments, including Forex, Commodities, Indices, Shares, and Cryptocurrencies.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Shares | ✔ |
Cryptocurrencies | ✔ |
CFDs on Futures | ✔ |
EZInvest offers 5 account types.
Account Name | Bronze | Silver | Gold (Most Popular) | Platinum | Diamond |
Minimum Account Size | $1,000 | $25,000 | $100,000 | $250,000 | $500,000 |
Standard Spreads (Fx) | 3 Pips | 2 Pips | 1.5 Pips | 1 Pips | 0.5 Pips |
Leverage | 1:200 | 1:200 | 1:400 | 1:400 | 1:400 |
Daily Market Analysis | Yes | Yes | Yes | Yes | Yes |
Stop Out Level | 30% | 30% | 25% | 15% | 15% |
Account Manager | Assistant | Account Manager | Account Manager | Senior Account Manager | Senior Account Manager |
Welcome Bonus | 5% | 10% | 15% | 20% | 25% |
Trading Signal | No | No | 10 | 15 | Unlimited |
Trading Tools | Yes | Yes | Yes | Yes | Yes |
Long Term Financial Plan | No | No | No | Yes | Yes |
Traders Academy | No | 3 Courses (Beginners) | All Beginners + 3 Advanced Courses | All Courses + Expert Guide | All Courses + Expert Guide |
Trade Size (LOTS) | min. 0.01 - max. 25 | min. 0.01 - max. 25 | min. 0.01 - max. 25 | min. 0.01 - max. 25 | min. 0.01 - max. 25 |
Swap | No Discount | No Discount | -35% on Specific Assets | -60% on Specific Assets | -80% on Specific Assets |
Webinars | No | Yes | Yes | Yes | Yes |
Webinars VIP | No | No | No | Yes | Yes |
Commissions on Currencies | 0% | 0% | 0% | $7 per lot | $7 per lot |
Commissions on Futures | $10 | $10 | $10 | $10 | $10 |
Commissions on Stocks | 1% | 1% | 0.50% | 0.30% | 0.20% |
Commission on Cryptos | 2% | 2% | 1% | 0.50% | 0.30% |
Account type determines the EZInvest Fees; fees on currencies from 0% to $7 per lot, swaps providing discounts up to 80% for higher-tier accounts; spreads range from 3 pips (Bronze) to 0.5 pips (Diamond).
Fee Type | Bronze | Silver | Gold (Most Popular) | Platinum | Diamond |
Standard Spreads (FX) | 3 Pips | 2 Pips | 1.5 Pips | 1 Pips | 0.5 Pips |
Commissions on Currencies | 0% | 0% | 0% | $7 per lot | $7 per lot |
Commissions on Futures | $10 | $10 | $10 | $10 | $10 |
Commissions on Stocks | 1% | 1% | 0.50% | 0.30% | 0.20% |
Commissions on Cryptos | 2% | 2% | 1% | 0.50% | 0.30% |
Swap | No Discount | No Discount | -35% on Specific Assets | -60% on Specific Assets | -80% on Specific Assets |
EZInvest provides its unique EZInvest Mobile APP, with common MT4 and SIRIX Webtrader.
Trading Platform | Supported | Available Devices | Suitable For |
SIRIX WebTrader | ✔ | Desktop, Browser | Traders who prefer advanced charting and social trading |
MetaTrader 4 (MT4) | ✔ | Desktop, Mobile | Experienced traders seeking automated tools and multi-asset trading |
EZInvest Mobile | ✔ | iOS, Android | Traders managing portfolios on the go |
EZInvest offers multiple payment methods for deposits and withdrawals. The minimum deposit is $1000.
Method | Deposit | Withdrawal | Fees | Processing Time |
Wire Transfer | √ | √ | No fee | 3-5 business days |
Credit/Debit Card(VISA/Mastercard) | √ | √ | No fee | 1-2 business days |
E-wallets(Skrill) | √ | √ | No fee | 24 hours |
EZINVEST is one of those brokers that claim fancy promises to attract traders, but end up scamming them. EZINVEST is not a trustworthy platform. You must check out these facts to understand the reality of this broker.
The only way to protect yourself from forex scams is to be alert. As an investor, you must be vigilant and up-to-date about what is happening in the forex industry. In this article, we will tell you about the sad story of a user who eventually became a victim. The victim filed a complaint on WiKiFX against EZINVEST Broker on February 29, 2024.
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