Anzo Capital or FXOpen – which is better for UK traders 2025? Compare Anzo Capital and FXOpen in this detailed breakdown of their platforms, features and fees.
Anzo Capital is an offshore broker providing leveraged CFDs on over 100 instruments, such as forex, stocks, indices, and metals. It supports the MetaTrader 4 and MetaTrader 5 platforms. Traders can opt for an STP account with spreads from 1.4 pips and no commission or an ECN account with spreads from zero and a $4 round-turn commission. A variety of payment methods, including cryptocurrency deposits, are accepted.
Founded in 2005, FXOpen is a well-regulated broker that has drawn over one million traders. Tailored for active trading, it offers a diverse range of over 700 markets. The platform facilitates high-frequency trading, scalping, and various algorithmic strategies through the use of expert advisors (EAs).
Pros
Forex, oil, and silver trading with spreads starting from zero pips.
Top-tier liquidity providers, such as Goldman Sachs and HSBC
Wide variety of payment options available, including cryptocurrencies.
A Multi-Account Manager (MAM) system allows a trader to manage several client accounts from a single platform. This tool streamlines the management of multiple portfolios, offering efficiency and control. Traders can execute trades across all accounts simultaneously, ensuring faster responses to market changes. MAM software supports customisable allocation methods, helping align trading strategies with individual client goals. This system is essential for traders overseeing diverse account groups, enhancing both performance tracking and client reporting.
A minimal deposit requirement of $100.
Supported in multiple languages.
MetaTrader 4 platform
Copy trading platform: A streamlined solution for investors seeking to mirror experienced traders in real-time. This innovative system allows you to automatically replicate the trades of seasoned professionals, making it ideal for both novice and busy investors. With a diverse range of traders to follow, you'll gain exposure to various strategies without the need for in-depth market analysis. This approach simplifies your investment process, helping you make informed decisions with ease and confidence.
VPS service
Redraft in straightforward British English with a professional financial tone. Avoid repetitive sentence forms for clarity and brevity, replacing 'day trading' and 'day trader' with 'trading' and 'trader'.
FXOpen integrated TradingView in 2022 and enhanced its TickTrader platform in 2024. This upgrade delivers Level 2 pricing, over 1,200 trading instruments, and sophisticated order options. The platform appeals to both seasoned and high-frequency traders.
FXOpen significantly cut FX spreads by over 40% in 2022. In 2023, they launched commission-free index trading. These changes make trading more economical for traders.
In 2024, FXOpen simplified its account options. Traders now benefit from ECN accounts with raw spreads starting at 0.0 pips. The platform offers rapid execution and reduced commissions for those with high trading volumes, enhancing user experience.
Cons
Inactivity fees can impact traders who don't regularly engage in trading activities. These charges are imposed by brokerage firms on accounts that remain dormant over a specified period. The absence of trades can lead to these charges, which are deducted directly from the account balance. To avoid such fees, traders should occasionally execute trades or review their accounts' terms. Regular activity ensures the account remains active and free from undue charges. Always stay informed to maintain account health and optimise financial strategies.
Restricted selection of assets
Unavailable in the United States
Week regulatory oversight needs strengthening to protect investors and maintain market integrity. Traders engage in buying and selling securities within short timeframes, seeking to capitalise on price fluctuations. However, insufficient supervision can lead to market manipulation and increased risks. A robust regulatory framework is essential to ensure transparency, deter misconduct, and uphold the confidence of market participants. Enhanced oversight will also promote fair trading practices and safeguard financial stability.
Though FXOpen remains a trusted broker with authorizations from the FCA and CySEC, it lost its ASIC license in 2024 due to 'serious concerns.' Consequently, it no longer accepts traders from Australia.
FXOpen's educational resources are quite limited, with a scarcity of courses and webinars commonly available at brokers such as IG. This deficiency may deter novice traders looking to enhance their understanding.
Even with an expanded asset portfolio, FXOpen provides a more limited selection of global stocks, commodities, and cryptocurrencies compared to the leading firm BlackBull. This results in fewer diverse trading opportunities for traders.
Awards
Best Broker of the Year 2023 - Mindanao Traders Expo
Best ECN Broker 2012 - Masterforex-V
Best Forex Broker in Australasia 2011 - World Finance Magazine
Best Islamic Forex Broker 2011 - IB Times Trading Awards
Best South-East Asia Forex Broker and Best ECN Forex Broker 2011 - IB Times Trading Awards
The FXOpen Trading App is a user-friendly mobile app for trading 700+ global markets. With real-time data, level 2 pricing, live charts, and financial news, it’s been refined over the years to deliver one of the highest Android app store ratings we’ve seen – a testament to its top-notch user experience.
iOS App Rating
4.8
5
Android App Rating
4.6
5
Margin Trading
Yes
Yes
MetaTrader 4
Yes
Yes
MetaTrader 5
Yes
Yes
cTrader
No
No
AlgoTrader
No
No
OmniTrader
No
No
TradingView
No
Yes
Autochartist
No
No
eSignal
No
No
Trading Central
No
No
STP Account
Yes
Yes
ECN Account
Yes
Yes
DMA Account
No
Yes
MAM Account
No
No
PAMM Account
No
Yes
LAMM Account
No
No
Demat Account
No
No
AI / Machine Learning
No
No
Robo Advisor
No
No
Negative Balance Protection
No
Yes
Market Maker
No
No
P2P Trading
No
No
Spot Trading
No
No
Auto Trading
Myfxbook AutoTrade plus Expert Advisors (EAs) on MetaTrader
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes
Yes
Copy Trading Platform
Copy trading is accessible via the well-known third-party platform, Myfxbook. Anzo Capital clients need a minimum deposit of $1,000. Additionally, there is a $12 commission per lot for a round turn.
FXOpen's PAMM Copy Trading service enables investors to replicate the strategies of seasoned traders. It offers a clear, performance-focused system with flexibility, automated profit-sharing, and thorough account management.
Social Trading
Yes
No
Trade Signals
Yes
Yes
VPS Hosting
Yes
Yes
Tournaments
No
Yes
Demo Competitions
No
Yes
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Inactivity Fee
$15
$10
Islamic Account
No
Yes
Account Currencies
USD
EUR
USD
EUR
GBP
AUD
JPY
CHF
SGD
RUB
Commodities
Oil
Silver
Gold
Silver
Oil
Natural Gas
CFD
Clients of Anzo Capital may trade CFDs on stocks, equity indices, crude oil, and precious metals through MetaTrader 4 and 5 platforms, enjoying competitive pricing.
FXOpen offers an impressive array of CFDs, including over 700 assets like stocks, indices, currencies, commodities, cryptocurrencies, and a wider selection of ETFs. Since 2022, the inclusion of TradingView and enhancements to the TickTrader platform have equipped traders with superior tools. FXOpen thus delivers a comprehensive trading experience.
Leverage
1:1000
1:30 (EU, UK), 1:1000 (Global)
FTSE Spread
1.1
0.7
GBPUSD Spread<
0.3
0.4
Oil Spread
0.0
0.04
Stocks Spread
N/A
0.40 (Apple)
Forex
Anzo Capital provides access to more than 45 forex pairs, covering major, minor, and exotic currencies. Enjoy low spreads from zero and rapid trade execution. Benefit from leverage up to 1:1000, with a margin call triggered at 80% and a stop-out level at 50%.
Assets
45
50+
GBPUSD Spread
0.3 pips
0.4
EURUSD Spread
0.0 pips
0.2
EURGBP Spread
0.3 pips
0.5
Cryptocurrency
FXOpen provides more than 40 cryptocurrency CFDs, featuring both crypto-only pairs and those paired with traditional currencies like GBP, USD, and JPY. Traders can leverage their crypto CFD trades at a ratio of 1:2. There are three types of orders available: market, limit, and stop, and scripts are on hand for automated trading.
