I had a problem for 8 months with EZTrader, not paying me a withdrawal. Aug 2013 until March 2014
I found CySEC website, and sent them a complaint.
This was their response.
Dear Sir/Madam,
Thank you for your email. Please note that, on July 24, 2012, the CySEC announced the following:
“The Cyprus Securities and Exchange Commission (“CySEC”) announces that a new electronic system of complaints submission regarding regulated Cyprus Investment Firms (CIFs) and non-regulated Investment Firms (IFs) has been implemented today. The CySEC requests that the investors follow the procedure specified in the Electronic Complaint Forms, which can be found under the ‘Investors’ drop-down menu, in order to file a complaint.” (http://www.cysec.gov.cy/Downloads/English/Announcements/2012/General/Announcement%2007.24.2012%20regarding%20the%20electronic%20submition%20of%20complaints.pdf)
As such, we kindly request that you submit your complaint on line by clicking on one of the links below:
http://www.cysec.gov.cy/complaints_cifs_regulated_en.aspx (for complaints related to licensed CIFs)
2. http://www.cysec.gov.cy/complaints_cifs_non_regulated_en.aspx (for complaints related to non-regulated entities operating through Cyprus)
In the case that any of the above links do not work, please copy and paste the corresponding path directly into your browser.
Regards,
Complaints Desk
Cyprus Securities and Exchange Commission (CySEC)
27 Diagorou, CY-1097 Nicosia / P.O.Box 24996, CY-1306 Nicosia
Tel. 22 506600, Fax. 22 506700
email:
[email protected]
http//cysec.gov.cy
EZTraders gave me my money in about 36 hours. After I told them that I was in communication with CySEC.
So there you go, you can get something done about their unethical practices.