Anzo Capital
Rating: 3.3 / 5Anzo Capital presents a tempting offer for seasoned traders, with high leverage, MT4/MT5 platforms, and a true ECN account boasting very competitive trading costs. However, these attractive features are overshadowed by significant concerns about its regulatory standing. The broker's international operations are registered in St. Vincent & the Grenadines, an offshore jurisdiction that provides no meaningful regulatory oversight. Coupled with a seemingly previously cancelled ASIC license and mixed user reviews, it's a high-risk proposition that requires caution.
Anzo Capital presents a tempting offer for seasoned traders, with high leverage, MT4/MT5 platforms, and a true ECN account boasting very competitive trading costs. However, these attractive features are overshadowed by significant concerns about its regulatory standing. The broker's international operations are registered in St. Vincent & the Grenadines, an offshore jurisdiction that provides no meaningful regulatory oversight. Coupled with a seemingly previously cancelled ASIC license and mixed user reviews, it's a high-risk proposition that requires caution.
Broker Details
- Headquarters
- Saint Vincent and the Grenadines
- Established
- 2015
- Min Deposit
- $100
- Execution
- ECN/STP, Market Maker
- Regulators
- FCA, FSC Belize
Trading Conditions
- Retail Loss Rate
- Not stated
- Min Raw Spreads
- 0.1 pips
- Min Standard Spreads
- 1.6 pips
- Min Forex Commission
- commission and spread options via diff accounts
- Trading Hours
- Currency PairsSunday 22:01 - Friday 21:59CommoditiesSunday 23:00 - Friday 21:59Crude OilSunday 23:00 - Friday 21:59GoldSunday 23:00 - Friday 21:59MetalsSunday 23:00 - Friday 21:59
Accounts & Funding
- Funding Methods
- 4
- Deposit Options
- Wire TransferNetellerSkrillCrypto Currency
- Deposit Fees
- No
- Withdrawal Options
- Credit CardsWire TransferDebit CardsNetellerSkrillOtherCrypto Currency
- Withdrawal Fee
- Yes
Trading Costs & Spreads
- EUR/USD
- 1.6 pips
- GBP/USD
- 1.8 pips
- Gold
- States variable
- Bitcoin
- NA
- Inactivity Fee
- Yes
Platform & Features
- Trading Platforms
- MetaTrader 4, MetaTrader 5
Pros
- Attractive trading competitions and promotions
- High maximum leverage available (up to 1:1000)
- True ECN account with raw spreads from 0.1 pips
Cons
- Lacks beginner-friendly features like copy trading
- Withdrawal and inactivity fees are charged
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