Tottenham Hotspur FC removes all EZTrader info from website

Maria Nikolova

EZTrader has been removed from the Tottenham Hotspur FC partners’ list and the links to news articles concerning the binary options brand are no longer active.

The landscape of partnerships between football clubs and binary options companies has abruptly changed over the past year, with numerous sponsorship deals being brought to an end. This trend has mainly affected France, which is understandable given the ban on advertising of binary options included in the Sapin 2 law. This ban covers (inter alia) sponsorship deals between binary options brands and sports teams. Whereas some football clubs are still waiting for the last moment to comply with the restrictions, others are less keen to wait and have rushed to terminate such deals.

The wave of such terminations has spread outside of France, with one example being Southampton FC, which in September last year terminated its partnership with Banc de Binary. The binary options broker subsequently shut down its operations.

The most recent example is Tottenham Hotspur FC, which has removed all information about binary options company EZTrader from its website. The banner is no longer on the partners’ list and the links to news about the partnership of EZTrader and the team are not active – they redirect to the main news archive page.

The partnership between EZTrader and Tottenham Hotspur FC was sealed in January 2016 and was set to last until the end of the 2017/2018 football season.

Apparently, the actions of the US Securities and Exchange Commission (SEC) in November 2016, imposing a heavy fine on EZTD, which left the US market after illegally offering binary options trading to US clients for years in a row, has had its effect on the football club.

Formally, EZTrader is still authorized as a brand of Cyprus-authorized WGM Services Ltd. The website of EZTrader (even its French version) shows an ad of its partnership with football legend Hernan Crespo.

FinanceFeeds has reported and warned about a continued alarming trend of fraudulent binary options firms being accepted as sponsors of British football clubs thus misleading football fans and jeopardizing the credibility of the online trading industry.

Read this next


Spotware Systems unveils version 4.4 of Desktop and Web terminals

Spotware Systems, a technology provider for the electronic trading industry, has launched updated versions of its cTrader Desktop and Web terminals, which add new functionality to join a roster of advanced trading capabilities.

Institutional FX

Integral reports best monthly FX volume in 6 months

Currency trading on Integral’s platforms rose in September to its highest levels since March 2022 as increased volatility across financial markets led to greater activity on institutional FX venues.

Retail FX

OctaFX pre-launches new trading platform as MT4 and MT5 remain suspended by Apple

Like many other brokers within the FX and CFD industry, OctaFX had all its eggs in one basket, MetaQuotes, only offering access to MetaTrader 4 and MetaTrader 5. OctaTrader will provide the much needed change.


Is the Bank of England facing another storm? Op-Ed by Stuart Cole, macro economist at Equiti Capital

An analysis and opinion editorial by Stuart Cole, macro economist at Equiti Capital, 3 October 2022 on what triggered the UK gilt market sell-off and is the Bank of England facing another storm?

Industry News

Kim Kardashian fined $1 million for touting EMAX tokens on social media

“Investors are entitled to know whether the publicity of a security is unbiased, and Ms. Kardashian failed to disclose this information.”

Retail FX

INFINOX launches IX Exchange platform with +20,000 markets in UK

“The launch of IX Exchange is a statement of intent for our growth strategy and a game-changer for our clients’ trading potential.”

Retail FX

Saxo issues gloomy report for Q4 2022 and beyond

Globalisation was the biggest driver behind low inflation over the past 30 years and instrumental for emerging markets and their equity markets. Globalisation in reverse will cause turmoil for trade surplus countries, put upward pressure on inflation and threaten the USD as the reserve currency.

Executive Moves

ICE appoints Caterina Caramaschi to oversee interest rates and equity derivatives

“As the head of a product set covering some of the biggest interest rate and equity derivative benchmarks, at a time when investor’s priorities are firmly focused on interest rate changes and the outlook for global economies, Caterina’s two decades of financial market experience, and the relationships cultivated during that, will be invaluable in developing these products to the benefit of our customers.”

Retail FX

Plus500 sponsors Chicago Bulls ahead of trading platform launch in United States

Plus500 has signed a major multi-year sponsorship deal to become an official global partner of iconic NBA team Chicago Bulls.