Question 1

Is Anzo Capital a regulated and safe broker for investors?

Accepted Answer

Anzo Capital operates under entities registered in Saint Vincent and the Grenadines and Australia but lacks robust regulatory oversight since its main entity is not regulated by Tier-1 authorities. The broker segregates client funds in separate accounts but does not provide negative balance protection or participate in any investor compensation scheme. It offers high leverage up to 1:1000, which increases trading risk. Overall, the broker is rated with a low level of safety, and investors should exercise caution and manage risks accordingly.

Question 2

What are the trading costs and fees associated with Anzo Capital accounts?

Accepted Answer

Anzo Capital offers two main account types: the STP account with commission-free trading but wider floating spreads starting around 1.4 pips for EUR/USD, and the ECN account featuring tighter raw spreads from 0.1 pips plus a $4 round-turn commission per standard lot. Overnight swap fees are average when compared with industry benchmarks. The broker does not charge deposit or withdrawal handling fees, though third-party banking or payment provider fees may apply, which Anzo covers for transactions above $3000. A $15 inactivity fee is charged after 90 days of account dormancy.

Question 3

What deposit and withdrawal methods does Anzo Capital support, and are there any fees?

Accepted Answer

Anzo Capital supports deposits and withdrawals via bank wire transfers, Skrill, and Neteller, with minimum amounts typically starting at $100. Deposits through e-wallets like Skrill and Neteller are processed instantly, while bank wires may take 1 to 4 business days. The broker does not impose internal deposit or withdrawal fees, and for amounts exceeding $3000, it reimburses any third-party fees. However, smaller withdrawals may incur external fees, and processing times can vary depending on the method used.

Question 4

Does Anzo Capital offer a trading platform suitable for beginners and advanced traders?

Accepted Answer

Anzo Capital provides MetaTrader 4 and MetaTrader 5 platforms available on desktop, web, and mobile. MT4 is popular for its user-friendly interface and supports automated trading via Expert Advisors, making it suitable for beginners. MT5 offers more advanced charting tools, multiple timeframes, additional order types, and a strategy tester favored by algo traders. Anzo Capital also offers a proprietary mobile app with market analytics and news. These platforms cater well to both novice and experienced traders, though some users may find the interface less modern compared to newer platforms.

Question 5

Is Anzo Capital beginner-friendly?

Accepted Answer

Anzo Capital is somewhat accessible to beginners as it offers a $100 minimum deposit, commission-free STP accounts, and a demo account for risk-free practice. It also supports copy trading, allowing new traders to follow experienced signal providers. However, its educational resources are limited and somewhat basic, which means beginners should seek additional external learning materials to fully understand trading concepts. Overall, it may be suitable for casual new traders but is not ideal as a comprehensive beginner platform.

Question 6

What types of accounts does Anzo Capital offer, and how do they differ?

Accepted Answer

Anzo Capital offers two main retail account types: the STP account and the ECN account. The STP account features commission-free trading with wider floating spreads starting around 1.4 pips, suitable for traders preferring simplicity and cost predictability. The ECN account offers raw spreads from as low as 0.1 pips but charges a $4 round-turn commission per lot, better suited for professional traders seeking tighter pricing. Both accounts require a minimum deposit of $100, support leverage up to 1:1000, and allow a minimum trade volume of 0.01 lots. Swap-free Islamic accounts are not currently available.

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