Anzo Capital Review 2025

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 2025 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.

Markets

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

Forex

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.

Indices

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.

Commodities

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.

Stocks

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

Leverage

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.

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: support@anzocapital.com.

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.

Promotions

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.

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.

FAQ

Top 3 Anzo Capital Alternatives

These brokers are the most similar to Anzo Capital:

1. Vantage FX - Established in 2009, Vantage provides trading on more than 1,000 short-term CFD products to over 900,000 clients. Forex CFDs are available from 0.0 pips on the RAW account via TradingView, MT4, or MT5. Regulated by ASIC, Vantage ensures that client funds are kept in separate accounts. Traders looking to copy strategies will benefit from a wide array of social trading tools.
2. Pepperstone - Founded in Australia in 2010, Pepperstone is a highly regarded broker specialising in forex and CFDs. Serving more than 400,000 clients globally, it provides access to over 1,300 financial instruments through popular platforms like MT4, MT5, cTrader, and TradingView. Its fee structure is both low and transparent. With regulation by reputable bodies such as the FCA, ASIC, and CySEC, Pepperstone guarantees a safe trading environment for traders at every level.
3. FP Markets - Founded in 2005 in Australia, FP Markets is a broker regulated by both ASIC and CySEC. It offers a wide range of tradable assets and provides Standard and Raw accounts suitable for traders of all levels. The platform excels in tools, featuring the MetaTrader suite, user-friendly TradingView, and practical insights from Trading Central and AutoChartist.

Anzo Capital Feature Comparison

Trading Instruments Comparison

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