About EZINVEST
Company Overview
EZInvest is the trading name of WGM Services Ltd, a Cyprus-based brokerage established on 22 November 2018. The company is registered at Themistokli Dervi 48, appr 104, Nicosia, and holds a Market Making (MM) license from the Cyprus Securities and Exchange Commission (CySEC) under license number 203/13. This regulatory status subjects the broker to European MiFID II standards, though its zero-employee headcount has raised questions about operational capacity.
Regulatory Status
EZInvest is regulated by CySEC, a Tier-2 regulator within the European Union. The license is active and listed on the public register, which allows the broker to offer services across the EEA under passporting rights. However, traders should note that CySEC regulation does not include negative balance protection or investment compensation scheme coverage in all cases.
Account Types
The broker offers five account tiers to accommodate different capital levels: Bronze ($1,000 min), Silver ($25,000), Gold ($100,000), Platinum ($250,000), and Diamond ($500,000). Leverage ranges from 1:200 on Bronze and Silver to 1:400 on Gold, Platinum, and Diamond. Spreads start at 3 pips for Bronze and go down to 0.5 pips for Diamond. Commission structures vary by asset class, with currencies commission-free on all but the top two tiers.
Trading Platforms & Instruments
EZInvest provides access to MetaTrader 4 (MT4) and SIRIX WebTrader, offering over 400 instruments including forex, commodities, indices, shares, and cryptocurrencies. While the broker does not disclose a full list of instruments or funding/withdrawal methods, the advertised range covers major global markets.
Target Audience
The broker positions itself for traders of all experience levels, but the high minimum deposits on premium accounts suggest a focus on high-net-worth individuals. The high leverage and tiered spreads also appeal to active traders seeking competitive conditions. However, the lack of disclosed deposit and withdrawal methods may be a concern for transparency-focused traders.
Overview compiled by FXCanary from regulatory records and public data. full EZINVEST review