Anzo Capital review
|Offices:||Melbourne, Belize, Abuja|
|Broker type:||STP | ECN|
|Leverage:||up to 1:500|
|Deposit:||from 100 USD|
|Platforms:||Web MetaTrader 4|
|Instruments:||Currencies Crypto Indices Metals Energies|
|Education||Free webinars and financial seminars.|
Anzo Capital includes 2 related companies..
Anzo Capital includes 2 related companies.
Anzo Capital AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
Anzo Capital BZ - located in Belize, regulated by the International Financial Services Commission of Belize (IFSC).
Anzo Capital accepts clients from all over the world, excluding USA
- Tight spreads on major currency pairs
- Simple registration and verification process.
- Tight spreads on major currency pairs
- Negative balance protection promised
Forex broker offers the following underlying assets for trading.
45+ Currency Pairs - Based on major and minor world currencies.
5 Crypto Pairs Based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple.
11 Indice CFDs Based on baskets of different blue-chip stocks.
2 Metal Spot CFDs Based on Gold and Silver.
2 Energy Spot CFDs Based on Crude Oil (WTI, Brent).
Anzo Capital is a Belize-regulated forex and CFD broker that has been operating since 2015. The broker stands out with strong line-up of forex pairs and CFDs on just about any stock index a trader can imagine. Anzo accepts clients from all corners of the globe, with the sole exception of the United States.
The company behind the broker is Anzo Capital Limited., registered in the offshore jurisdiction of Belize with registration number IFSC/60/482/TS/18. The company is properly listed and regulated as a “licensed service provider for trading in securities” according to the website of the International Financial Services Commission Belize (IFSC).
Although holding a license from the IFSC is certainly better than not being regulated at all, potential clients should know that this type of regulation does not provide the same level security and investor protection as for example EU or Australian-based brokers are required to provide.
Update: The company also has started to operate in Australia as Focus Markets Pty Ltd. (ABN - 96 167 517 544) and got regulated by the ASIC (AFSL - 514425).
Feedback from traders online does not reveal anything questionable about this broker, and we therefore believe Anzo is a trustworthy broker and a good choice for traders from around the world looking to take advantage of the high leverage and simple verification process of an offshore broker.
Let’s start off with what a trader can expect to trade at Anzo. Overall, this broker offers a range of trading instruments across the standard categories such as forex, cryptos, stock index CFDs, commodity CFDs, and precious metals. In all, there are 46 currency pairs to choose from, including majors, minors, and exotic pairs. In addition, the broker offers 5 cryptocurrency pairs and CFDs on 11 major international stock indices, as well as brent oil, WTI, gold, and silver.
The account types offered by Anzo include Individual, Joint, and Corporate accounts, all available in both STP (straight-through processing) and ECN (electronic communications network) versions, where only the STP account offers commission-free trading. A free 30-day demo account with USD 100,000 in virtual capital is also available for new trader who want to practice trading risk-free.
All account types come with dynamic and tight spreads, a USD 500 minimum deposit, and trading leverage of up to 1:500, which is a fairly common offering among international and offshore-based forex brokers.
Deposits and withdrawals of funds with Anzo can be made by major credit and debit cards like Visa, MasterCard, and UnionPay, international bank wire transfer, and a number of online money transfer services. Both deposits and withdrawals are processed for free with credit and debit card, which is something we appreciate.
Anzo relies on the classic MetaTrader 4 (MT4) as its trading platform, while giving clients the choice to also use the web-based and mobile versions of the same platform for Apple and Android devices. MT4 has been the most popular forex and CFD trading platform among retail traders for years now, and still remains popular due to the unmatched selection of “Expert Advisors,” or trading algorithms, that users can choose to follow.
A virtual private server (VPS) necessary to run automated trading strategies on MT4 even when a computer is turned off, is available for free for clients with a minimum average daily balance of USD 5,000 and trading activity of more than 5 round turn lots per month. For other clients, the cost of a VPS with Anzo is USD 35 per month, available upon request to the broker.
Anzo’s customer service is based on a phone number which is open during normal office hours, as well as email and a live chat option via Anzo’s website.