Anzo Capital review and ratings

Established 2015
Location Belize
Regulation IFSC
Offices Belize City
Broker type STP | ECN
Leverage up to 1:1000
Deposit from 100 USD
Spreads low  low
Platforms Web MetaTrader 4 MetaTrader 5 Social Platform
Instruments Currencies Indices Metals Energies Stocks
Funding methods Wire Transfer Skrill Neteller

Company information

Anzo Capital is a forex broker located in Belize, regulated by the Financial Services Commission of Belize (FSC).

Availability

Anzo Capital accepts clients from all over the world, excluding USA and Japan.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

45+ Currency Pairs Based on major and minor world currencies.
10 Indice CFDs Based on baskets of different blue-chip stocks.
2 Metal CFDs Based on Gold and Silver.
2 Energy CFDs Based on Crude Oil (WTI, Brent).
30+ Stock CFDs Based on shares of top-rated US companies.

Comprehensive review

Anzo Capital is a forex and CFD broker registered in Belize that has been operating since 2015. The broker stands out with a strong line-up of forex pairs and CFDs on assets ranging from stock indices, to US-listed single stocks and popular commodities. Anzo accepts clients from all corners of the globe, with the exception of the United States and Japan.

Checking the Belize company registry confirms that Anzo Capital Limited was first registered in November of 2015 with registration number 000005722. Like other forex brokers in Belize, Anzo Capital is also officially regulated by the Financial Services Commission of Belize (FSC).

With that said, however, it should be mentioned that being regulated in an offshore jurisdiction like Belize does not carry the same weight as being regulated in for example Australia. Still, this is a tradeoff many traders are happy to accept given the recent reduction in trading leverage that the Australian regulator allows for local forex brokers. As a result of its offshore regulation, Anzo Capital today allows trading leverage of up to 1:1,000 on the most liquid assets.

Next, let's take a look at 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, 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 CFDs on 10 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, available in both STP (straight-through processing) and ECN (electronic communications network) versions. Among these, the STP account offers commission-free trading and the ECN account offers the lowest spreads. A free 30-day demo account with USD 100,000 in virtual capital is also available for new traders who want to hone their trading skills risk-free.

The STP account comes with dynamic and tight spreads, a USD 100 minimum deposit, and trading leverage of up to 1:1000 for FX instruments when the equity is less than USD 5,000. The ECN account, on the other hand, requires a USD 500 minimum deposit, and offers leverage of up to 1:500.

Deposits and withdrawals of funds with Anzo can be made through international bank wire transfer, as well as the online money transfer services Skrill and Neteller. Both deposits and withdrawals are processed for free when made through electronic money services, which is something we appreciate. Bank transfers, on the other hand, are only processed for free when they are above 3,000 EUR or USD.

Anzo relies on the classic MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as its trading platforms, while giving clients the choice to also use the web-based and mobile versions of the same platform for Apple and Android devices. The MetaTrader platforms have been extremely popular among retail traders for years now, and still remain 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 or MT5 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.

Lastly, Anzo's customer service is based on phone, a live chat function on the website, as well as email. The broker states on its website that the support team is available from Monday to Friday, 07:30-02:00 (UTC+8), which is 23:30-18:00 UTC.

Reviews from traders

5/5
(4 votes)
5/5
Indonesia
Indonesia
5/5
Indonesia
Indonesia
5/5
United Kingdom
United Kingdom
5/5
Vietnam
Vietnam
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