Anzo Capital Review 2021

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Anzo Capital Facts & Figures

Anzo Capital is a competitive global forex and CFD broker with ECN and STP accounts, both offering MT4 access and a wide range of assets.

Bonus10% Welcome Bonus
InstrumentsCFD, Forex, Stocks
Demo AccountYes
Min. Deposit$100
Payment MethodsCredit Card, Debit Card, Dragonpay, Neteller, Skrill, Sticpay, Wire Transfer
Min. Trade0.01 lots
Regulated ByIFSC
MetaTrader 4Yes
MetaTrader 5No
cTraderNo
STP AccountYes
ECN AccountYes
DMA AccountNo
Mobile AppsiOS & Android
Margin TradingYes
Auto TradingNo
Social TradingNo
Copy TradingNo
Trade SignalsNo
Islamic AccountNo
Account
Currencies
USD, EUR
CFD
Anzo Capital clients can use MetaTrader 4 to trade CFDs on stocks, equity indices, crude oil and precious metals with competitive price levels.
FTSE Spread1.1
GBPUSD Spread0.4
Oil Spread0.03
Stocks SpreadN/A
Leverage1:1000
Forex

Anzo Capital supports over 40 major, minor and exotic currency pairs with both STP and ECN execution models.

GBPUSD Spread0.4 pips
EURUSD Spread0.1 pips
EURGBP Spread0.4 pips
Assets45
Risk Warning – Your capital is at risk

Anzo Capital Limited was founded in 2015 and offers over 100 forex, CFD and commodity trading instruments to clients across the world. The broker boasts both STP and ECN account models, alongside MT4 access and multilingual customer support. This 2021 Anzo Capital review will explore the broker’s markets, fees, regulation and more.

Anzo Capital Headlines

Anzo Capital Limited is a broker that offers forex, commodities and CFD trading to its userbase that spans the globe. Clients are primarily concentrated in Asian countries like Thailand and the Philippines. Founded in 2015, the company is registered in Belize, has its headquarters in Belize City and there is an additional office in Melbourne, Australia.

Trading Platform

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:

Markets

Fees

Anzo Capital earns its money through the spread, which is the difference between the bid and ask prices of an asset. For a major pair like EUR/USD, STP account spreads are targeted at 1.8 pips, whereas ECN account spreads have a much lower target of 0.1 pips. Exotic pairs, such as EUR/SEK, target 22.1 pips and 7.2 pips for STP accounts and ECN accounts, respectively.

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.

Mobile App

Anzo Capital users that wish to trade on the go have the option to download the MetaTrader 4 trading app that is available for both Apple iOS and Android devices. This app has most of the functionality of the MetaTrader 4 platform on a desktop app or browser, 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

Demo Account

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 MetaTrader4 and up to 1:1,000 leverage, so traders can gain valid, realistic experience with the platform.

Regulation & Licensing

Anzo Capital is a legitimate broker that is regulated and licensed 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. It is important to note that NFA and CFTC regulations prevent US-based traders from opening an account with non-US regulated brokers.

Promotions

Anzo Capital offers new users a welcome bonus of 10% of the first deposit after signing up. The broker also offers other promotions and deals periodically.

Account Types

Anzo Capital clients can open either STP or ECN accounts.

ECN

STP

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.

Customer Support

Anzo Capital 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.

Additional Features

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

Anzo Capital MT4 trading platform
MetaTrader 4 Platform

Benefits

Drawbacks

Anzo Capital Verdict

Anzo Capital is an accessible forex and CFD broker that offers low minimum deposit and trade limits, alongside high leverage rates and a range of payment methods and support languages. The implementation of the world-leading MetaTrader 4 platform, as well as the extensive library of guides and tools and the ECN and STP execution options, helps to make this a competitive trading experience. However, the broker’s asset range isn’t massive and there are inactivity fees to watch out for.

Accepted Countries

Anzo Capital accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, 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.

Alternatives to Anzo Capital

If you are looking for alternatives to Anzo Capital we have compiled a list of the top 5 brokers that are similar to Anzo Capital below. This list of brokers like Anzo Capital is in order of similarity and only includes companies that accept traders from your location.

  1. Exinity – Exinity provides flexible low-cost trading in FX, commodities, indices and equities alongside unique education and support provided by teams located across the world. Now operating in the Middle East, through regulation from the Financial Services Regulatory Authority in Abu Dhabi and the Financial Services Commission of Mauritius, Exinity provides a range of services to traders and investors looking for new opportunities in the financial markets.
  2. Rockfort Markets – Rockfort Markets is a New Zealand broker with a competitive range of assets, trading platforms and market conditions.
  3. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
  4. Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.
  5. LQDFX – LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.

FAQ

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 country in which residents cannot make an account with the broker is the USA. This means that traders based in any other country, including Nigeria, the Philippines, Indonesia and South Korea, can make an account 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 will 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

Traders can use the MetaTrader 4 platform 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 version 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 should take advantage of this service to learn about the different markets and platforms by using the USD 100,000 digital funds and 1:,1000 leverage offered.

Anzo Capital is a competitive global forex and CFD broker with ECN and STP accounts, both offering MT4 access and a wide range of assets.

Anzo Capital vs Other Brokers

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