Anzo Capital Review 2024

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Anzo Capital is #67 in our rankings of CFD brokers.

Anzo Capital Facts & Figures

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.

  • 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
  • Inactivity fees
  • Limited asset range
  • Not available in the US
  • Week regulatory oversight
  • Best Broker of the Year 2023 - Mindanao Traders Expo
Instruments CFDs, Forex, Precious Metals, Stocks
Demo Account Yes
Min. Deposit $100
Mobile Apps iOS & Android
Min. Trade 0.01 Lots
Regulated By FSC, SVGFSA, FCA
MetaTrader 4 Yes
MetaTrader 5 Yes
cTrader No
DMA Account No
ECN Account Yes
Social Trading Yes
Copy Trading Yes
Auto Trading Myfxbook AutoTrade plus Expert Advisors (EAs) on MetaTrader
Signals Service Yes
Islamic Account No
  • Oil
  • Silver
CFDs 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.
Leverage 1:1000
FTSE Spread 1.1
GBPUSD Spread 0.3
Oil Spread 0.0
Stocks Spread N/A
Forex 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%.
GBPUSD Spread 0.3 pips
EURUSD Spread 0.0 pips
GBPEUR Spread 0.3 pips
Assets 45
Stocks 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.
Risk Warning – Your Capital is at risk

Anzo Capital is a high-leverage brokerage service that offers an array of CFD and forex market instruments. The firm operates a non-dealing desk (NDD) model and the industry’s popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.

This 2024 broker review covers the crucial elements of the company, including supported markets, customer service, demo account availability and whether it offers a welcome bonus. Stay tuned to discover all our findings when we used Anzo Capital.

About Anzo Capital

Anzo Capital Limited was launched in 2015 by a team of experienced industry experts. Based in Australia, the company has expanded to an international scale during its 8+ year operation. Clients can access over 90 forex and CFD instruments via either a zero-commission STP or a low-spread ECN account.

The brokerage is regulated by several bodies:

  • UK Financial Conduct Authority (FCA Reference Number: 739550)
  • Financial Services Commission of Belize (FSC Registration Number: 000331/469)
  • St Vincent & The Grenadines Financial Services Authority (SVGFSA Company Number: 308 LLC 2020)

Anzo Capital has won several awards from global bodies for its client fund security measures, rate of expansion and trade execution.


More than 90 total CFD products are provided by Anzo Capital, spanning the forex, indices, commodities and equities markets.


The firm offers 45 forex products, made up of 28 major and minor instruments and 17 exotic currency pairs. Spreads are variable for both STP and ECN account holders, with values as low as 0.0 pips offered during certain market conditions.


There are twelve cash indices provided from a range of global exchanges, such as the ASX 200 of Australia, US Nasdaq 100 and UK FTSE 100. No futures indices, such as the VIX, are supported.


Anzo Capital’s limited commodities range consists of two energies and two precious metals instruments. These are gold, silver, WTI Crude and Brent Crude oil. There is no support for soft commodities like coffee, orange juice or wheat.


Thirty global stocks are available for CFD trading from the Hong Kong exchange, Nasdaq and NYSE.


While many brokers can only offer a limited margin level due to regulatory restrictions, Anzo Capital boasts leverage of up to 1:1000 for retail clients. However, this varies depending on the equity amount in a client’s account and the market being traded:

  • Up to $5,000 (forex) – 1:1000
  • Up to $50,000 – 1:500
  • $50,001 to $100,000 – 1:300
  • $100,001 to $250,000 – 1:200
  • Above $250,001 – 1:100

Importantly, this is much higher than the 1:30 limit imposed by the FCA so we recommend caution and a sensible approach to risk management.

The firm makes a margin call at the 80% margin level and imposes a stop-out on leveraged positions at 50% margin.

Account Types

Anzo Capital clients can choose from two live accounts: the zero-commission STP account and the low-spread ECN variant.

Unfortunately for UK investors, there is no GBP base currency option, with users only able to choose from USD and EUR accounts. Furthermore, the broker’s support team has confirmed that there is no swap-free Islamic account option.

STP Account

The entry-level trading account offered by Anzo Capital is the STP account, with trading fees built into the spread for a simplified, zero-commission experience. An initial minimum deposit of $100 is also significantly lower than the ECN variant.

STP account holders can trade using the MetaTrader platforms and access leverage rates of up to 1:1,000, with floating spreads starting at a reasonable 1.3 pips.

ECN Account

For clients that want to trade with the tightest spreads, the ECN variant offers floating spreads as low as 0.0 pips on its major instruments. Trading commissions are highly competitive at £3.50 per round traded lot.

However, leverage is limited to a maximum of 1:500 and a $500 initial minimum deposit is required to open this Anzo Capital account type.

Demo Account

In all of our reviews, we recommend that prospective clients open a demo account to trial a broker’s trading conditions before committing to a full account.

While using Anzo Capital, we found the firm provides a risk-free demo version of its STP account. The demo service is valid for 30 days and works through the MetaTrader suite, with users able to trade with up to £83,000 in paper funds.

Trading Platforms

Anzo Capital supports the MetaTrader 4 and MetaTrader 5 platforms. This software offers more than enough functionality for most retail forex and CFD traders.

MetaTrader 4

MetaTrader 4 remains the standard for forex and CFD trading software almost 20 years after its initial launch. This is due to key factors such as great customisation options, a user-friendly interface and seamless expert advisor integration.

Users can utilise the 30 included indicators, 31 graphical objects and nine time frames for technical analysis or choose from thousands of specialised indicators from the integrated MQL4 marketplace. In addition, nine order types facilitate advanced investing strategies and backtesting support means that clients can test strategies against historical market data.

Anzo Capital demo account

MetaTrader 4

MT4 is available to download on computers running Windows, Mac and Linux operating systems as well as both iOS and Android mobile devices.

MetaTrader 5

Based on our tests, MetaTrader 5 is the better pick for experienced traders. Home to a wider range of order types, more technical indicators and timeframe views, plus faster processing and an integrated news feed, it is designed to support active traders.

We also rate that MQL5 signals are available to help users find trading opportunities.

Payment Methods

Anzo Capital supports several payment options:

  • Skrill
  • SticPay
  • Neteller
  • Bank wire transfer
  • Visa and MasterCard credit and debit cards (deposits only)

Unfortunately, deposits and withdrawals must be made in EUR or USD, leaving UK investors vulnerable to the disadvantageous exchange rates offered by payment providers.

There is a £16 minimum deposit requirement for Skrill, Neteller, Visa and MasterCard payments, increasing to £85 for wire transfers and SticPay transfers. Deposits process instantly except for wire transfers, which take 2-5 business days to clear.

A £16 minimum withdrawal requirement applies to Skrill, Neteller and SticPay, though this rises to £85 with bank wire transfers. E-wallet withdrawals clear quickly but are only processed by Anzo Capital within working hours. Wire transfers take 2-5 business days for funds to withdraw.

Deposit & Withdrawal Fees

With many traders reluctant to pay additional charges on hard-earned profits, Anzo Capital does not levy any fees on deposits or withdrawals. While external fees may apply for bank wire transfers, the broker covers these for deposits and withdrawals above £2,500.

Trading Fees

Our experts found that one of the best attributes of Anzo Capital is its low trading fees. In addition to a lack of payment charges, the broker operates an ECN account commission of only £3.50 per round traded lot.

However, an inactivity charge of £12.50 per month applies on accounts that sit dormant for over 90 days, so sporadic investors may wish to look elsewhere.

Swap fees vary from asset to asset and live values can be found on the MT4 page for each instrument.

Security & Regulation

Finding a legitimate and well-regulated provider is key to avoiding fraud and scams in online trading.

While Anzo Capital holds a licence from FCA to operate in the UK, its international brokerage arm relies on oversight from the less prominent bodies, the Financial Services Commission of Belize and the St Vincent & The Grenadines Financial Services Authority.

Client capital is segregated from company funds, though we found limited evidence of a fund protection program to cover traders in the case of broker insolvency. Additionally, our review could not verify whether the broker offers negative balance protection to investors.

Furthermore, Anzo Capital does not support two-factor authentication (2FA) on its login portal, though MetaTrader allows the use of one-time passcodes for extra security.

Customer Support

Anzo Capital claims that customer support is one of its main focuses. However, despite its suggestion that clients select a broker that they can call, the firm does not offer a phone contact number.

Instead, users can contact the support team via a 24/5 live chat feature or by email.

  • Email Address:

This review found the live chat to be helpful and responsive, while interested parties will receive a reply to emails within two hours during working weekday hours. Clients can also seek support from the brokers’ active Facebook page.

The company also provides an FAQ section for fast solutions to generic queries regarding account funding, login issues and more.

Educational Content

Many brokers offer educational content via videos, articles and webinars to give new traders insight into the workings of the global financial markets.

Anzo Capital has a small educational section on its website, with several video tutorials for the MetaTrader platforms and seven brief articles on forex and investing concepts. A free forex guide is also available to clients, with topics ranging from beginner market basics to advanced pattern analysis.


Anzo Capital offers a 20% deposit bonus up to $10,000. Open to new and existing customers, users must deposit $500 or more to be eligible for this promotion. Importantly, bonus credit cannot be converted to cash balance until investors have traded the required number of lots.

There is also a refer-a-friend scheme where both the referrer and referred can earn $50. The referred user must deposit at least $500 and trade a minimum of 5 lots within 90 days to qualify for the reward.

Additional Features

Anzo Capital offers clients several helpful additional features to give them the best chance at profitable speculation. These are an economic calendar with upcoming market events and recent news and a free virtual private server (VPS) for investors that meet certain balance and trading requirements.

Anzo Capital app

Mobile App

Users can also link their investing account to Myfxbook Autotrade to access copy trading features for a £10 per round trade lot commission.

Our experts also found that a money manager system is available for clients that attract traders to the broker. This is aimed at MAM account managers.

Trading Hours

The MetaTrader platforms are open to Anzo Capital traders 24/5, mirroring the trading hours of the forex markets. Some instruments on the indices and equities markets will have reduced hours.

Investors can access their trading accounts at any time to make deposits and withdrawals.

Anzo Capital Verdict

Anzo Capital is worth considering for many prospective clients due to its low commissions, lack of deposit and withdrawal fees and high leverage rates. In addition, the broker offers a no-dealing desk service with STP and ECN account type options. However, UK traders may be put off by the lack of GBP base currency options. At the same time, a limited range of instruments could also turn investors to look elsewhere.


Does Anzo Capital Offer A Welcome Bonus?

Anzo Capital offers a 20% cash bonus up to $10,000 to both new and existing clients for completing wagering requirements after making a deposit.

Does Anzo Capital Support MT4?

MT4 is Anzo Capital’s supported trading platform, alongside MT5. Users can access MT4 via a download for Windows, Mac and Linux, the browser-based WebTrader platform or through mobile apps for Android and iOS devices.

Can I Open An Anzo Capital Demo Account?

Before committing to a full account, prospective Anzo Capital clients can open a 30-day practice account and trade with over £80,000 in paper funds through the MetaTrader software.

Where Is Anzo Capital Based?

Anzo Capital was founded in Australia but operates worldwide via several offices.

How Many Forex Pairs Does Anzo Capital Support?

Anzo Capital supports 45 forex instruments, which consist of 28 major and minor instruments and 17 exotic currency pairs.

Compare Anzo Capital with Other Brokers

These brokers are the most similar to Anzo Capital:

  1. INFINOX - Infinox is a UK-based and FCA-regulated broker that offers diverse trading products thanks to its STP and ECN account types and support for MetaTrader 4, MetaTrader 5 and a proprietary platform. Clients can also benefit from a free VPS that can support automated strategies and a social trading platform, catering to both beginner and seasoned traders.
  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. FXOpen - FXOpen is a multi-asset broker with regulation from several trustworthy bodies including the UK's FCA. The broker offers CFD trading on forex, stocks, commodities, indices, cryptocurrencies and ETFs via the MetaTrader 4 & 5 and TradingView platforms.

Anzo Capital Feature Comparison

Anzo Capital Compared With Similar Brokers
Anzo Capital INFINOX Admiral Markets FXOpen
Rating 3.9 3.4 3.5 3.7
Markets Forex, Stocks, Commodities Forex, Stocks, Commodities Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Minimum Deposit $100 £1 $100 £300
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Demo Account Yes Yes Yes Yes
Bonus - - - -
Education No No Yes No
Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Leverage 1:1000 1:30 (UK), 1:200 (Global) 1:30 (EU), 1:500 (Global) 1:30 (EU), 1:500 (Global)
Review Anzo Capital
Admiral Markets

Trading Instruments Comparison

Comparison of Anzo Capital Trading Instruments
Anzo Capital INFINOX Admiral Markets FXOpen
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Crypto No No 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
Futures No Yes No No
Options No Yes No No
ETFs No No Yes Yes
Bonds No Yes Yes No
Warrants No No No No
Spreadbetting No No Yes No
Volatility Index No Yes Yes No

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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.