Anzo Capital Review 2022

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Anzo Capital is a competitive forex and CFD broker with ECN and STP accounts. Clients can trade through MT4 and MT5. New traders can get started with a $100 deposit and a welcome bonus.

BonusWelcome Bonus Up To $500
InstrumentsCFD, Forex, Stocks
Demo AccountYes
Min. Deposit$100
Payment Methods
Min. Trade0.01 lots
Regulated ByFSC
MetaTrader 4Yes
MetaTrader 5Yes
Trading CentralNo
STP AccountYes
ECN AccountYes
DMA AccountNo
MAM AccountNo
PAMM AccountNo
LAMM AccountNo
Demat AccountNo
Mobile AppsiOS & Android
Margin TradingYes
Volatility IndexNo
Spot TradingNo
Perpetual SwapsNo
AI / Machine LearningNo
Robo AdvisorNo
P2P TradingNo
Negative Balance ProtectionNo
VPS HostingYes
Demo CompetitionsNo
Managed AccountsNo
Market MakerNo
Auto TradingEAs & Myfxbook
Social TradingYes
Copy TradingYes
Trade SignalsYes
Islamic AccountNo
Account Currencies
  • USD
  • EUR
Inactivity Fee$15
Guaranteed Stop LossNo
Stock Exchanges
  • Australian Securities Exchange
  • DAX GER 40 Index
  • Deutsche Boerse
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • Oil
  • Silver
CFD TradingAnzo Capital clients can use MetaTrader 4 and MetaTrader 5 to trade CFDs on stocks, equity indices, crude oil and precious metals with competitive price levels.
CFD FTSE Spread1.1
CFD GBPUSD Spread0.3
CFD Oil Spread0.0
CFD Stocks SpreadN/A
CFD Leverage1:1000
Forex TradingAnzo Capital supports over 40 major, minor and exotic currency pairs with both STP and ECN execution models.
Forex GBPUSD Spread0.3 pips
Forex EURUSD Spread0.0 pips
Forex EURGBP Spread0.3 pips
Forex Assets45
Risk Warning – Your capital is at risk

Anzo Capital Limited offers over 100 forex, CFD and commodity trading instruments. The broker boasts both STP and ECN account models, alongside MT4 access and multilingual customer support. This 2022 Anzo Capital review will explore the broker’s markets, fees, login security, demo accounts, regulation and more. Find out if our experts think you should trade with Anzo Capital.

Anzo Capital Headlines

Founded in 2015, Anzo Capital is registered in Belize and has its headquarters in Belize City. The company has an additional office in Melbourne, Australia.

Clients are primarily concentrated in Asian countries like Thailand and the Philippines, though the broker accepts traders from all over. With that said, US clients are not accepted.

Anzo Capital is regulated by the Financial Services Commission of Belize, registration number; 000331/281. The brokerage also holds client funds in segregated accounts.

Account holders benefit from competitive trading conditions, including 0.0 pip spreads alongside a $2 commission per side. Anzo Capital also offers trading signals, a VPS, a MAM account, plus automated copy trading.

New users can get started with a $100 minimum deposit.

Trading Platforms


Anzo Capital offers the world-leading MetaTrader 4 (MT4) platform that is often used for forex and CFD trading.

MT4 is a fast and reliable software package that can be downloaded onto both mac OS and Windows computers. The platform can be used as a desktop client or a browser-based platform with the MT4 WebTrader. Platform features include:

Anzo Capital review
MetaTrader 4


Anzo Capital also offers MetaTrader 5. The MT5 software can be downloaded to desktop devices or accessed through web browsers and a mobile app.

MT5 is a step up for active traders, with more advanced features, additional indicators and drawing tools, plus more order types. The flexible trading system also offers extensive customization, a newsfeed, plus MQL5 signals.

For traders seeking professional technical and fundamental analysis tools, MetaTrader 5 is a good option.

How To Trade

Making a trade on the Anzo Capital MT4 and MT5 platforms is straightforward:

  1. Login to the desktop software, web terminal or mobile app
  2. Use the instrument menu on the left to find an asset
  3. After you have overlaid any indicators and analysis, select the new order icon (white page with green plus)
  4. Select the execution mode – market execution or pending
  5. Enter the position size in the volume box
  6. Input any risk management parameters
  7. Click on Sell or Buy to confirm the trade
Anzo Capital broker review
New Order

Assets & Markets

Clients of Anzo Capital can trade on 100+ instruments:

While a relatively decent range of trading assets, our experts did note that some alternatives offer a wider selection of instruments, including cryptocurrencies.

Spreads, Commissions & Fees

Anzo Capital primarily earns its money through spreads and commissions. For a major pair like EUR/USD, STP account spreads are targeted at 1.4 pips, whereas ECN account spreads have a much lower target of 0.0 pips. Exotic pairs, such as EUR/SEK, target 22.1 pips and 7.2 pips for STP accounts and ECN accounts, respectively. ECN accounts also have a USD/EUR 4 commission per round turn lot.

Additionally, there is a dormancy fee of USD 15 per month on an account if there has been no activity, such as trades, deposits or withdrawals for 90 calendar days. If there are no funds in the account, the account is archived.

Furthermore, if users wish to make a withdrawal from an account without having conducted any trading activities, they are charged a 6% administrative fee.

Anzo Capital Mobile App

Anzo Capital users that wish to trade on the go have the option to download the MetaTrader 4 or MetaTrader 5 apps that are available for both Apple iOS and Android devices.

These applications have most of the functionality of the MT4 or MT5 platforms on desktop software or browsers, with many indicators and charting objects. Additionally, users can manage their accounts and make deposits and withdrawals from within the mobile interface.

Anzo Capital mobile forex trading
MT4 Mobile Platform

Payment Methods

When we used Anzo Capital, we could fund our trading account using various payment options:

Demo Account Review

Anzo Capital offers users a free 30-day demo account funded with up to USD 100,000. The demo account has access to all the features of MetaTrader 4 and MetaTrader and up to 1:1000 leverage, so traders can gain valid, realistic experience with the platforms.

Regulation & Licensing

Anzo Capital is a legitimate broker that holds a license with the International Financial Services Commission (IFSC) of Belize, with registration number 000331/172. Belize has committed to adhering to the objectives of the UN.

Anzo Capital also segregated client capital from the broker’s operational funds. This helps to protect traders in the event that the broker goes bankrupt.

Note that NFA and CFTC regulations prevent US-based traders from opening an account with non-US regulated brokers.

Promotions & Bonuses

Anzo Capital offers new users a welcome deposit bonus up to $500. Clients need to trade a certain number of lots to release staggered bonus funds. The trading credit is usually available in user accounts within two days. Profits from the joining bonus can also be withdrawn. A 10% bonus on subsequent deposits is also available.

The broker also offers other promotions and deals periodically. Check the firm’s website or social channels for the latest offers.

Account Types

Anzo Capital clients can open either STP or ECN accounts.



When you first register an account and login to Anzo Capital, you must provide supporting documents for validation. These are for proof of identification and residence.

Anzo Capital Additional Features

Anzo Capital offers copy trading through Myfxbook Autotrade. This allows users to copy the positions of other traders directly through the MT4 platform. Users get detailed performance statistics and can access various instruments and strategies.

Simply register for a Myfxbook Autotrade ECN account and meet the $1000 minimum deposit requirement. The commission is $12 per lot roundturn.

There is also a Research & Tools tab on the Anzo Capital website that provides a wide range of helpful information and guides such as forex guides, economic calculators, daily insights and trading signals.

Anzo Capital pros and cons
Trading Signals

In addition, Anzo Capital hosts a VPS, allowing users to trade 24/7 without any downtime or technical interruptions. There is no lag and clients can trade remotely via the MT4 and MT5 platforms. The VPS is free of charge to traders with an average daily balance of $5000 and that trade 5 lots round turn each month.


Our expert review of Anzo Capital found several reasons to register for a live trading profile:


Our experts also found several downsides to trading with Anzo Capital:

Customer Support

While using Anzo Capital, we found customer service is offered in several languages, including English, Nigerian, Spanish and Vietnamese.

Live chat is available 24/5 and responses to email tickets ( can be expected within two hours during working hours. Additionally, the broker is available on social media like Facebook, Twitter, Reddit and YouTube.

Anzo Capital Verdict

Anzo Capital is an accessible forex and CFD broker that offers low minimum deposit and trade limits, alongside high leverage and a range of payment methods and multilingual support. The implementation of the world-leading MetaTrader 4 and MetaTrader 5 platforms, plus copy trading through Myfxbook and STP/ECN executions, means Anzo Capital offers a competitive investing experience. The only major drawbacks are the limited regulatory oversight, narrow range of products, and inactivity fees.

Accepted Countries

Anzo Capital accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Anzo Capital from United States, Singapore, Japan.

Compare Anzo Capital

Compare Anzo Capital with similar brokers that accept traders from your location. Among available brokers these are the most similar to Anzo Capital:

  1. World Forex – World Forex offers commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
  2. InstaForex – InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.
  3. AAAFx – AAAFx offers CFD trading in forex, commodities, indices and cryptocurrencies.
  4. – boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.

Anzo Capital Comparison Table

Compare Anzo Capital With Similar Brokers
Anzo Capital World Forex InstaForex AAAFx
Rating 3.9 4.1 3.9 4.5
Markets Forex, Stocks, Commodities Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit $100 $1 $/€1 $10 $100
Minimum Trade 0.01 lots 0.01 Lots 0.01 Lots 0.01 lots $1
Bonus Welcome Bonus Up To $500 100% Deposit Bonus 30% – 100% Welcome Bonus 100% Deposit Bonus available for Global clients No
Education No No No No Yes
Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4
Leverage 1:1000 1:1000 1:1000 1:30 EU, 1:500 Global 1:200
Payment Methods 10 10 11 9 8
Detailed Comparison Anzo Capital vs World Forex Anzo Capital vs InstaForex Anzo Capital vs AAAFx Anzo Capital vs
Review Anzo Capital
World Forex

Compare Trading Instruments

Compare Anzo Capital Trading Instruments
Anzo Capital World Forex InstaForex AAAFx
CFD Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Stocks Yes Yes Yes Yes Yes
Commodities Yes Yes Yes Yes Yes
Oil Yes Yes Yes No Yes
Gold No Yes Yes Yes Yes
Copper No No No No No
Silver Yes Yes Yes No Yes
Corn No No No No No
Crypto No Yes Yes Yes Yes
Futures No No Yes No Yes
Options No No No No Yes
ETFs No No Yes No No
Bonds No No No No No
Warrants No No No No No
Spreadbetting No No No No No
Volatility Index No No No No No

Anzo Capital vs Other Brokers

Compare Anzo Capital with any other broker by selecting the other broker below.

Anzo Capital vs

The most popular Anzo Capital comparisons:

  1. eToro vs Anzo Capital
  2. Anzo Capital vs AdroFX
  3. Anzo Capital vs InstaForex
  4. Anzo Capital vs ArgusFX


Is Anzo Capital Legitimate?

Yes, the broker is regulated by the International Financial Services Commission based in Belize. Anzo Capital acts per industry regulations to ensure that client funds are held in accounts separate from the company funds and customers have legal protection in the event of malpractice.

In Which Countries Are Residents Permitted To Make Anzo Capital Accounts?

The only countries in which residents cannot make an account with the broker is the USA and Japan. This means that traders based in any other country, including Nigeria, the Philippines, Indonesia and South Korea, can trade with Anzo Capital.

How Do I Open An Anzo Capital Account?

To make an account with Anzo Capital, you need to fill in a registration form that you can find on the broker’s website, submit the verification documents and deposit at least USD 100 for an STP account or USD 500 for an ECN account.

What Trading Platforms Are Available on Anzo Capital?

Traders can use the MetaTrader 4 or MetaTrader 5 platforms on any of their devices. This means clients can use the desktop browser version, the computer application that is downloadable on both Mac OS and Windows and the mobile app available on Apple iOS and Android.

Does Anzo Capital Provide A Demo Account?

Yes, there is a free 30-day demo account available for all users and prospective clients. If you are an inexperienced trader, you can take advantage of this service to learn about the different markets and platforms by using the USD 100,000 in digital funds and 1:1000 leverage.

Anzo Capital is a competitive forex and CFD broker with ECN and STP accounts. Clients can trade through MT4 and MT5. New traders can get started with a $100 deposit and a welcome bonus.