Anzo Capital Review 2024


3.9 / 5
Anzo Capital is #76 in our CFD broker rankings.

Anzo Capital will suit traders looking for highly leveraged CFDs with the flexibility to choose between STP and ECN accounts.

- Daytrading Review Team

Anzo Capital is an offshore broker that offers leveraged CFDs on 100+ instruments including forex, stocks, indices and metals. The MetaTrader 4 and MetaTrader 5 platforms are supported, and traders can choose between an STP account with spreads starting from 1.4 pips and zero commission, or an ECN account with a $4 round-turn commission and spreads from zero. A decent range of payment methods are accepted, including crypto deposits.

$100
MT4, MT5
CFDs, Forex, Precious Metals, Stocks
20% Deposit Bonus up to $10,000
USD, EUR
Wire Transfer, Credit Card, Debit Card, Skrill, Neteller, Sticpay, Bitcoin Payments, Visa, Mastercard

Forex Trading

Anzo Capital offers 45+ forex pairs including majors, minors and exotics with fast execution and spreads starting from zero. High leverage up to 1:1000 is available with a margin call at 80% and a stop out level at 50%.

Stock Trading

Anzo Capital traders can trade 30 US and European company stocks as well as several stock indices. Trading is done through CFDs, meaning traders do not own the underlying asset and can bet on rising and falling prices.

CFD Trading

Anzo 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.

Copy Trading

Copy trading is available through the popular third-party platform, Myfxbook. There is a $1000 minimum deposit for Anzo Capital clients and a $12 commission per lot round turn.

Awards

  • Best Broker of the Year 2023 - Mindanao Traders Expo

✓ Pros

  • Spreads as low as zero pips on forex, oil and silver
  • Tier 1 liquidity providers including Goldman Sachs and HSBC
  • Good range of payment methods including cryptocurrencies
  • Multi-account manager (MAM)
  • A low minimum deposit of $100
  • Several languages supported
  • MetaTrader 4 platform
  • Copy trading solution
  • VPS service
  • Demo profile

✗ Cons

  • Inactivity fees
  • Limited asset range
  • Not available in the US
  • Week regulatory oversight

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 2024 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 and is authorized by the Financial Conduct Authority in the UK and the Financial Services Agency in St. Vincent and the Grenadines.

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

MT4

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

MT5

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.

The company is also authorized by the St Vincent & The Grenadines Financial Services Authority and the UK Financial Conduct Authority.

Our experts found that Anzo Capital segregates 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.

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.

Leverage

The maximum leverage available at Anzo capital is 1:1000. However, this will depend on your account equity:

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.

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 (support@anzocapital.com) 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.

FAQs

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.

Top 3 Alternatives to Anzo Capital

Compare Anzo Capital with the top 3 similar brokers that accept traders from your location.

  1. Vantage – Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.

  2. Admiral Markets – Admirals is an FCA- and ASIC-regulated broker with an excellent range of leveraged instruments, including forex, stocks, indices, ETFs, commodities, cryptos and more. The broker supports the MetaTrader 4, MetaTrader 5 and TradingCentral platforms. With both spread betting and CFDs available and thousands of instruments, this broker provides more flexibility than most rivals.

  3. FXPrimus – FXPrimus is an award-winning CySEC-regulated brokerage offering CFD trading on 200+ instruments via the MetaTrader 4, MetaTrader 5 and cTrader platforms. The choice between a competitive commission-free account and two affordable raw spread options make this an accessible broker for anyone seeking forex, stocks, indices and commodities with high leverage.

Anzo Capital Comparison Table

Compare Anzo Capital With Similar Brokers
Anzo Capital Vantage Admiral Markets FXPrimus
Rating 3.9 4.7 3.5 4
Markets CFDs, Forex, Precious Metals, Stocks CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds, spread betting CFDs, Forex, Stocks, Cryptos, Futures, Options, Commodities, Bonds
Demo Account Yes Yes Yes Yes
Minimum Deposit $100 $50 $100 $15
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Regulators FSC, SVGFSA, FCA FCA, ASIC, FSCA, VFSC FCA, CySEC, ASIC, JSC CYSEC, MIFID, ICF, FCA, BaFin, VFSC
Bonus 20% Deposit Bonus up to $10,000 50% Welcome Deposit Bonus, earn redeemable rewards in the Vantage Rewards scheme Monthly Promos
Education No Yes Yes No
Platforms MT4, MT5 ProTrader, MT4, MT5, TradingView, DupliTrade MT4, MT5, TradingCentral MT4, MT5, cTrader
Leverage 1:1000 1:500 1:30 (EU), 1:500 (Global) 1:1000
Payment Methods 9 12 11 12
Visit Visit Visit Visit Visit
Review Vantage
Review
Admiral Markets
Review
FXPrimus
Review

Compare Trading Instruments

Compare the markets and instruments offered by Anzo Capital and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Anzo Capital Trading Instruments
Anzo Capital Vantage Admiral Markets FXPrimus
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes No Yes
Gold No Yes Yes Yes
Copper No Yes Yes No
Silver Yes Yes Yes Yes
Corn No No No No
Crypto No Yes Yes Yes
Futures No No No Yes
Options No No No Yes
ETFs No Yes Yes No
Bonds No Yes Yes Yes
Warrants No No No No
Spreadbetting No Yes Yes No
Volatility Index No Yes Yes No

Anzo Capital vs Other Brokers

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

 

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Anzo Capital is an offshore broker that offers leveraged CFDs on 100+ instruments including forex, stocks, indices and metals. The MetaTrader 4 and MetaTrader 5 platforms are supported, and traders can choose between an STP account with spreads starting from 1.4 pips and zero commission, or an ECN account with a $4 round-turn commission and spreads from zero. A decent range of payment methods are accepted, including crypto deposits.