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Nexo vs Anzo Capital

Nexo or Anzo Capital – which is better for UK traders 2024? Compare Nexo and Anzo Capital in this detailed breakdown of their platforms, features and fees.

Nexo vs Anzo Capital Comparison Table 2024
Nexo	Anzo Capital

3.9	3.9
Nexo is ranked #38 among crypto brokers.	Anzo Capital is ranked #66 among CFD brokers.
Review	Review
Nexo is a centralized crypto exchange founded in 2018 in Bulgaria and today operates across some 200 jurisdictions from its base in Switzerland. It provides services including spot trading, futures trading, peer-to-peer loans, cold wallet storage and fiat-on ramps to buy crypto tokens. The crypto firm is registered with some respected financial authorities, such as the ASIC, and offers some fairly unique additional services including a credit card.	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.
Pros
Reputable crypto exchange that has been in business since 2018 and has taken some steps toward regulation Nexo Pro is a user-friendly proprietary platform that suits trading strategies with great charting features Value-add tools integrated into the trading platform including social media analysis and newsfeeds by asset Traders can access perpetual futures to open long or short positions on crypto assets, increasing strategic opportunities Nexo’s crypto staking and credit features support crypto lending and borrowing, and the yields lenders receive are among the best going Traders benefit from bonuses and incentives including free trading funds paid to lenders and cashback in the form of the exchange’s native Nexo token	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
Cons
Although Nexo has registered with some reputable watchdogs, it is riskier to trade with than established crypto brokers like AvaTrade and Vantage High deposit and withdrawal fees for cards and e-wallets will price many traders out of the most convenient payment methods Very few educational resources are available, reducing its appeal to beginners who can find more helpful resources at category leaders like eToro High maker/taker fees mean traders will pay more to trade derivatives than they would at rival exchanges like Binance The range of tokens is extensive compared to most crypto brokers but still much smaller than similar crypto exchanges like Kraken	Inactivity fees Limited asset range Not available in the US Week regulatory oversight
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
FCA Regulated
No List of FCA Regulated Brokers	Yes
Instruments
Cryptos	CFDs, Forex, Precious Metals, Stocks
Demo Account
No	Yes
Minimum Deposit
$10	$100
Payment Methods
Apple Pay Credit Cards Debit Card Google Pay Wire Transfer	Credit Cards Debit Card Mastercard Neteller Skrill STICPAY Visa Wire Transfer
Minimum Trade
$30	0.01 Lots
Regulator
	FSC, SVGFSA, FCA
Mobile Apps
iOS & Android	iOS & Android
iOS App Rating
3.8
Android App Rating
4
Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Auto Trading
	Myfxbook AutoTrade plus Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	Copy trading is available through the popular third-party platform, Myfxbook. There is a $1000 minimum deposit for Anzo Capital clients and a $12 commission per lot 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
	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%.
Assets
	45
GBPUSD Spread
	0.3 pips
EURUSD Spread
	0.0 pips
EURGBP Spread
	0.3 pips
Cryptocurrency
Nexo offers trading on an impressive suite of around 70 tokens, including Bitcoin. Digital assets can be bought, sold and swapped directly on the exchange or traded in over 500 pairs. Digital assets can also be used as collateral for fiat loans or used to generate passive income with the ‘smart staking’ tool or from interest earned via peer-to-peer loans.
Spread
N/A
Coins
BTC ETH NEXO USDT USDC AXS RUNE MATIC DOT APE AVAX KSM ATOM FTM NEAR BNB ADA SOL XRP LTC LINK BCH TRX XLM EOS PAXG UNI DOGE MANA SAND GALA SUSHI AAVE CRV MKR 1INCH DAI USDP TUSD
Crypto Lending
Yes	No
Crypto Mining
No	No
Crypto Staking
Yes	No
Auto Market Maker
No	No

Nexo	Anzo Capital
Review	Review
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