- Demo account
- Copy trading
- MT4 integration
- Low minimum deposit
- Weak regulation authority
Reviewed Broker: Anzo Capital
Operated by Anzo Capital Limited
Established in 2015
Location: No. 5 Cork Street, Belize City, Belize, C.A.
Regulation: Anzo Capital Limited is a well-capitalized firm regulated by International Financial Services Commission of Belize, registration no: 000331/48. ASIC license number (ABN 96 167 517 544)
Trading instruments: Forex, Precious Metals, CFDs, Crypto
US Traders are not accepted
Awards
Best Broker of the Year Max Media & RTC – KorPhil Davao Awarded by Mindanao Traders Expo 2023
Best Broker of the Year WikiEXPO with the World 2023 Awarded by WikiFX
Best Trade Execution Platform – APAC Global Brands Awards 2021 Awarded by Global Brands Magazine
Excellence in Client Funds Security – APAC Global Brands Awards 2021 Awarded by Global Brands Magazine
Why Trade with Anzo Capital?
REGULATED BY FINANCIAL REGULATORY AUTHORITY
SECURITY OF FUNDS
COMPETITIVE GLOBAL MARKETS ACCESS
GLOBALLY RECOGNIZED PLATFORM METATRADER 4
TRADE ON-THE-GO
Anzo Capital Review : Trading Conditions
Segregated accounts: yes, clients’ funds are kept separately from the company funds.
Leverage up to 1:1,000
You may hold your fund in USD.
Spreads
Our spreads are derived from the top liquidity providers. Pricing is standardized at 5 decimal places (JPY is at 3 decimal place) to enhance accuracy.
The spreads we offer are variable and subject to change, especially during volatile market conditions. Please note “Target Spread” shown are indicative only.
Major and Minor Pairs
| Pair | STP Target Spread | ECN Target Spread** |
|---|---|---|
| AUD/CAD | 2.4 | 0.5 |
| AUD/CHF | 2.0 | 0.5 |
| AUD/JPY | 2.3 | 0.6 |
| AUD/NZD | 3.1 | 0.9 |
| AUD/USD | 1.8 | 0.1 |
| CAD/CHF | 2.1 | 0.6 |
| CAD/JPY | 1.9 | 0.4 |
| CHF/JPY | 2.5 | 1 |
| EUR/AUD | 2.1 | 0.6 |
| EUR/CAD | 2.6 | 0.7 |
| EUR/CHF | 1.8 | 0.3 |
| EUR/GBP | 1.3 | 0.3 |
| EUR/JPY | 1.7 | 0.2 |
| EUR/NZD | 3.1 | 1 |
| EUR/USD | 1.4 | 0 |
| GBP/AUD | 3.1 | 1.1 |
| GBP/CAD | 3.2 | 1.3 |
| GBP/CHF | 2.2 | 0.7 |
| GBP/JPY | 2.1 | 0.6 |
| GBP/NZD | 4.0 | 1.9 |
| GBP/USD | 1.7 | 0.3 |
| NZD/CAD | 2.6 | 0.7 |
| NZD/CHF | 2.2 | 0.7 |
| NZD/JPY | 2.5 | 1 |
| NZD/USD | 1.9 | 0.5 |
| USD/CAD | 2.1 | 0.3 |
| USD/CHF | 1.9 | 0.5 |
| USD/JPY | 1.7 | 0.3 |
*Slippage may occur during volatile market conditions
**For ECN accounts, a commission charge of USD 4 per lot applies
Exotic Pairs
| Pair | STP Target Spread | ECN Target Spread** |
|---|---|---|
| EUR/DKK | 9.9 | 0.5 |
| EUR/HUF | 12.9 | 8.9 |
| EUR/NOK | 36.7 | 11.4 |
| EUR/PLN | 11.5 | 6.1 |
| EUR/SEK | 35.2 | 11.9 |
| EUR/TRY | 22.8 | 10.9 |
| USD/CNH | 11.0 | 1.4 |
| USD/DKK | 12.8 | 3.4 |
| USD/HKD | 13.2 | 1.4 |
| USD/HUF | 10.2 | 6.2 |
| USD/MXN | 49.3 | 20 |
| USD/NOK | 51.4 | 21.4 |
| USD/PLN | 11.0 | 5.6 |
| USD/SEK | 37.1 | 15.6 |
| USD/SGD | 2.3 | 0.3 |
| USD/TRY | 16.9 | 5.4 |
| USD/ZAR | 54.1 | 35.2 |
*Slippage may occur during volatile market conditions
**For ECN accounts, a commission charge of USD 4per lot applies
#Minimum level for placing Stop Loss and Take Profit orders from a current market price.
Margin Call
Margin Call is a measure set by the brokerage to alert traders before their account funds fall below the Margin Requirement. This will prevent positions from liquidation due to insufficient Margin Requirement. At Anzo Capital, Margin Call is set at 80%, therefore, if your Equity (Balance – Open Positions Profit/Loss) falls below 80% of the margin required to maintain your positions, a notification within MT4/MT5 will be sent to alert you to make additional deposit to maintain your open positions.
Swaps
It is a rollover interest (that is earned or paid) when traders hold their positions overnight. The interest for positions held over the weekend will occur on Wednesday. Therefore, the interest applied on Wednesday will be for three days of rollover interest.
Stop Out Level
If you are unable to maintain sufficient funds in your account after hitting the Margin Call level, and your account funds depreciates to the Stop Out level, your positions will be closed automatically to prevent further losses into the negative territory. At Anzo Capital, Stop Out level is set at 50%.
Anzo Capital Review : Trading Platforms
With Anzo Capital, our MetaTrader 4 & 5 Client Terminal is created to provide:
- Secure and superior performance trading
- Advanced charting tools
- Automated trading using Expert Advisors
- Broader access to financial markets
- Widest selection of trading robots and technical indicators
- Automated real-time copying of trades
- Embedded MQL5 community for networking
MetaTrader is the world’s most popular trading platform as it offers a fully customizable and user-friendly interface and a suite of technical analysis tools. Additionally, traders will be able to use the MQL language to easily program indicators or use Expert Advisors for automated trading strategies.
*MT4 and MT5 is completely free to download and available on any device
With MetaTrader WebTrader, you don’t have to worry about installing any additional software
Anzo Capital WebTrader is a browser based MetaTrader for instant online trading, without any installation required. The web version MetaTrader has all the advantages of the installed version and fully compatible with the entire MetaTrader ecosystem.
- Reliable data protection
- One Click Trading
- History of trading operations
- Indicators for technical analysis
- Graphical objects
- All types of trading operations
- Real-time quotes in Market Watch
*Available in English, Simplified Chinese, Traditional Chinese and Vietnamese
Anzo Capital Review : Accounts Overview
Become a Anzo Capital Trader to experience a premier trading journey with superior trading execution and client support.
| STP | ECN | |
|---|---|---|
| Min. Deposit (USD)** | Above 100 | Above 500 |
| Leverage Level | Up to 1 : 1000* | Up to 1 : 500* |
| Fixed/ Floating | Floating | Floating |
| Minimum Lot Size | Micro Lot (0.01) | Micro Lot (0.01) |
| Lots Increment | 0.01 | 0.01 |
| Maximum Trade Size | 50 | 50 |
| Margin Call | 80% | 80% |
| Stop Out | 50% | 50% |
| Commission | No | $7USD/lot RT |
| Trading Platforms | ||
| MT4 Mobile | Yes | Yes |
| MT4 Webtrader | Yes | Yes |
| MT4 Desktop | Yes | Yes |
| Trading Services | ||
| Support EA | Yes | Yes |
| Training Guidance | Yes | Yes |
| Free News and Research | Yes | Yes |
| 24/5 Online Technical Support | Yes | Yes |
| 24/5 Dedicated Account Manager | No | Yes |
| Accounts Types | ||
| Individual | Yes | Yes |
| Joint | Yes | Yes |
| Corporate | No | Yes |
Open Demo Account
Free 30-day Anzo Capital MetaTrader 4 Demo Account
- STP/ECN Account
- Deposit Up to $100,000
- Leverage Level Up to 1:1000
How to open a live trading account with Anzo Capital?
Please follow the below steps to open a live trading account:
- Fill in the online registration form – Create an Anzo Capital profile
- You will receive an email containing a link to verify your email
- Complete the application and submit your documents
- Get approved and receive your approval email
- Login to your Anzo Capital Trader’s Portal and create a live account (MT4 account)
- Fund the account and start trading!
Once we receive your application with the required documents, your account will be processed within 2 business days.
Anzo Capital Review : Payment Methods
For STP Account, the minimum deposit is $100 USD. For ECN Account, the minimum deposit is $500 USD.
| Deposit Methods | Transfer Type | Accepted Currencies | Min / Max Amount | Processing Time | Fees |
|---|---|---|---|---|---|
| Wire Transfer | Telegraphic Transfer | USD | 100 USD / No Max | 2 – 5 Business Days* (Monday to Friday) | Deposit of USD 3,000 and above Anzo will bear receiving bank’s charges. Deposit below USD 3,000, client to bear all fees and charges. |
| Credit Card / Debit Card | Credit Card / Debit Card (MASTER, JCB,VISA, MASTER) | USD | 20 USD / 500 USD (MASTER), 20 USD / 1,000 USD (JCB) | Immediate | Free |
| WebMoney | Digital Wallet | USD | 100 USD / No Max | Immediate | Free |
| Skrill | Digital Wallet | USD / EUR / GBP | 20 USD / No Max | Immediate | Free |
| Neteller | Digital Wallet | USD / EUR / GBP | 20 USD / No Max | Immediate | Free |
- Sticpay
2. Online Banking for VND, IDR, PHP, THB, NGN, JPY, CNY
3. Fasapay IDR
*Any deposit after non-working hours will be processed on the next working day.
Virtual Private Servers (VPS)
Trade with Ultra-fast Execution
- Run algorithms and EAs 24/7 continuously
- No overloaded servers, no lags
Enable VPS on MT4
- VPS is provided free of charge for clients who have a daily average balance of at least USD 5000 and have traded 5 lots round turn per month.
- For clients who do not meet the criteria, the VPS will cost USD 35 per month, with partial months pro-rated.
- The fee will be deducted from the account wallet. In the event that there are not enough funds in the client’s wallet, the fees will be deducted from the client’s MT4 account balance. If there are no more funds in the account balance, the client’s wallet will go into negative and the VPS will be terminated.
- To request for VPS, please submit a support ticket to customer service via back office.
Customer Support and Education
Get your complete forex education on broker’s website with useful trading strategies, tips and techniques from our Global Head of Research and Analysis, that you can use to profit in the forex markets. Discover the trading skills now.
Customer support is available via email and online chat.
How was the rating of Anzo Capital performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Anzo Capital FX broker performance and features.
Overall our online Anzo Capital review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Anzo Capital or you find inaccurate details Anzo Capital broker review please get in touch with us and the changes will be applied.
Anzo Capital Details
