Nexo or Anzo Capital – which is better for UK traders 2025? Compare Nexo and Anzo Capital in this detailed breakdown of their platforms, features and fees.
Nexo, a centralised cryptocurrency exchange established in Bulgaria in 2018, now operates from Switzerland in approximately 200 regions. Its offerings include spot and futures trading, peer-to-peer lending, cold wallet storage, and fiat on-ramps for purchasing crypto tokens. Nexo is registered with respected financial bodies like the ASIC. Additionally, it provides unique services, such as a credit card.
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.
Pros
A well-regarded crypto exchange, established in 2018, has initiated steps towards regulatory compliance.
Nexo Pro is an intuitive platform tailored for traders, offering robust charting tools that enhance strategic trading.
The trading platform features essential tools such as asset-specific newsfeeds and social media analysis.
Traders can utilise perpetual futures to take long or short positions on crypto assets, thereby enhancing strategic opportunities.
Nexo's platform facilitates cryptocurrency lending and borrowing through its staking and credit features, offering traders some of the most competitive yields in the market.
Traders receive bonuses and incentives, such as complimentary trading funds given to lenders and cashback through the exchange's native Nexo token.
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'.
Cons
While Nexo is registered with certain reputable regulators, trading with it carries more risk compared to established crypto brokers such as AvaTrade and Vantage.
High deposit and withdrawal fees for cards and e-wallets may deter many traders from using these convenient payment methods.
Limited educational resources diminish its attraction for newcomers, who may discover more valuable materials with leading platforms such as eToro.
Elevated maker/taker fees result in traders incurring higher costs for trading derivatives compared to competing exchanges such as Binance.
The selection of tokens is broad relative to many crypto brokers, yet it remains limited when compared to similar crypto exchanges such as Kraken.
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.
Awards
Best Cryptocurrency Wallet – FinTech Breakthrough Awards, 2023
Best Use of Crypto and/or Blockchain in Financial Services – PAY360 Awards, 2022
Best Broker of the Year 2023 - Mindanao Traders Expo
Myfxbook AutoTrade plus Expert Advisors (EAs) on MetaTrader
Copy Trading
No
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.
Social Trading
No
Yes
Trade Signals
Yes
VPS Hosting
No
Yes
Tournaments
No
No
Demo Competitions
No
No
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Inactivity Fee
$15
Islamic Account
No
No
Account Currencies
USD
EUR
GBP
USD
EUR
Commodities
Oil
Silver
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.
Leverage
1:1000
FTSE Spread
1.1
GBPUSD Spread<
0.3
Oil Spread
0.0
Stocks Spread
N/A
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
GBPUSD Spread
0.3 pips
EURUSD Spread
0.0 pips
EURGBP Spread
0.3 pips
Cryptocurrency
Nexo provides trading services for approximately 70 tokens, including Bitcoin. Users can buy, sell, and exchange digital assets directly on the platform, with access to over 500 trading pairs. Additionally, these assets can serve as collateral for fiat loans or generate passive income through the ‘smart staking’ option and interest from peer-to-peer loans.
