Anzo Capital Broker Reviews and Full Information

According to research conducted in South Africa, Anzo Capital is a Belizean forex broker firm with its headquarters in Belize's capital city of Belize City. The organization was established in 2015 by a group of experts who shared a single vision: to reduce the risks faced by their clients. The organization is well-established, with offices in several locations across the world, and they are able to give a superior trade environment because to their extensive worldwide network of experts. They are an online forex and CFD broker with a restricted range of trading products and offshore regulatory oversight, among other things.

SAFE OR SCAM

One of the most useful benchmarks for evaluating the safety of a broker such as Anzo Capital is to determine which regulatory agencies are responsible for monitoring the broker's activity. Anzo Capital is governed by the International Financial Services Commission (IFSC), which is a three-tier regulator (International Financial Services Commission)

PRO AND CONS

LEVERAGE

Anzo Capital offers their clients a maximum leverage ratio of one to one thousand thousand dollars. Leverage is a financial tool that allows you to have a much greater exposure to the market in which you are trading than the amount of money you put down to start the deal. Leveraged goods, such as forex trading, magnify your potential profit – but they also amplify the possibility of losing your money.

It is possible to represent the degree of leverage in terms of a ratio, for example, 50:1, 100:1, or 500:1. The leverage on your trading account will be 500:1, assuming that you have $1,000 in your trading account and trade ticket sizes of 500,000 USD/JPY.

Margin is the amount of money held as collateral to protect you against any credit risks that may develop during the course of your trading activities. It is represented as a percentage of the position size (e.g., 5 percent or 1 percent), and you must have adequate funds in your trading account to guarantee that you have enough margin to cover your position.

For example, on a 1 percent margin, a trade worth $1,000,000 will need a $10,000 deposit to open the position. A trading account's margin level must be equal to or more than 100 percent in order for new transactions to be permitted; otherwise, your trading account will be fully hedged and unable to be opened.

ACCOUNTS   

Forex accounts at Anzo Capital are trading accounts that you will own, and which will function similarly to a bank account, with the exception that they are issued exclusively for the purpose of trading in foreign currencies.

Forex Islamic accounts, also known as swap-free accounts, are distinguished by the fact that they do not pay swap or rollover interest on overnight holdings, which is prohibited by Islamic law.

Frequently, the number and kind of accounts that a trader can create with a broker business varies depending on the nation in which the broker company operates and the regulatory agencies under whose authority the broker company is regulated.

The following types of accounts are available with Anzo Capital: Anzo Capital provides their customers with two distinct types of accounts: The STP Account — This is a commission-free account with variable spreads that start at 2.2 pips on majors and increase to a maximum leverage of 1:1000. The minimum deposit required is 100 USD, and the highest leverage available is 1:1000.

The second account type is the ECN Account, which comes with a dedicated account manager who is available 24 hours a day, five days a week, and charges a commission cost of 7 USD per lot RT. Account features include up to 1:500 leverage, variable spreads starting at 0.1 pip, and a minimum deposit requirement of 500 USD to open an account.

MARKET INSTRUMENTS

Anzo Capital clients are able to trade in over 80 currency pairs, gold, silver, energies and equity indices.

Forex

Trading in foreign currencies is referred to as forex trading, which refers to the worldwide, decentralized marketplace in which individual investors, corporations, and financial institutions trade foreign currencies for one another at fluctuating exchange rates.

The following are the most common market instruments accessible for trading through most brokers:

Commodities

For traders, the commodity markets provide a plethora of investing alternatives. Trading in soft commodities has taken place for hundreds of years, and it has played a significant role in portfolio diversification and risk management. It is a solid approach to reduce risk in times of economic uncertainty to make investments in contract-based tradable items (such as commodities).

Indicators of equity, often known as stock indices, are genuine stock market indices that quantify the value of a certain portion of a stock market's worth. They can be used to symbolize a certain stock market or a specific group of the top corporations in a given country or region.

Precious metals are those that have a high value.

The trading of gold and other precious metals, as well as crude oil, copper, and petroleum, are examples of hard commodities that play a significant part in the commodities market and are transferable products that are based on contract trades.

Energy

High volatility is a characteristic of energy prices, which is caused by the effect of political and environmental variables, supply and demand, harsh weather conditions, and global economic development, among other reasons.

FEES

With a variable spread starting at 0.1pips, Anzo Capital charges their clients a commission fee of 7 USD per lot real-time (RT) on the ECN account. The STP account offers a variable spread starting at 2.2 pips on all major currencies. The costs charged by brokers change on a regular basis, thus there may be other fees that have not been included in this list.

Cost is determined by a variety of criteria, including spread and margin, and Anzo Capital clients may be subject to a variety of charge structures depending on their country of origin or place of residency.

The gap between the bid and ask rates of a currency pair is the difference between the bid and ask rates. In the world of currency exchange, a pip is the smallest possible increment by which the rate can change.

The amount of money that must be in your account in order to open a trade is known as the margin. Your trading account's margin is determined by the current value of the base currency in relation to the US dollar, the size (volume) of the position, and the amount of leverage you have applied to your trading account.

DEPOSIT AND WITHDRAWAL

Accounts are often required to have a minimum initial deposit, which may be paid in a variety of different methods. Withdrawals may normally be completed in the same manner as deposits, however they can occasionally change.

The following procedures and minimum deposits are needed by Anzo Capital in the case of this company: The minimum deposit amount is 100 USD, and Anzo Capital accepts the following payment methods for both deposits and withdrawals: wire transfer, MasterCard, Visa, JCB, Neteller, Skrill, and WebMoney, as well as wire transfer and MasterCard.

TRADING PLATFORMS

The forex trading platform that Anzo Capital makes available to its clients is, in essence, the software that they use to execute their transactions. Some brokers provide only one platform, while others offer a plethora of options.

Customers can trade forex as well as other asset classes on a multi-asset trading platform, which is defined as follows: The selection of which trading platform to choose will typically be influenced by the type of commodities that a client want to trade.

Anzo Capital gives investors with the option to choose from the following several platforms:

MetaTrader4 download, web-based trading, and mobile trading — This is one of the most prominent and extensively utilized platforms in the trading sector, and it has been around for a long time. Linux, Mac, Windows, IOS, and Android are just a few of the operating systems that are compatible with MetaTrader4.

A new component of MetaTrader4, the MetaTrader4 Multiterminal platform allows for the management of many accounts at the same time, which is beneficial to those who handle investor accounts as well as traders who operate with a large number of accounts at the same time. When it comes to the program interface, it is quite similar to that of the MetaTrader4 Client Terminal. It is really simple to use, and if you have ever worked with the MetaTrader4 platform, you should have no trouble learning how to use this new application in a matter of minutes.

Manage an infinite number of managed accounts under the management of a single master account using this platform, which is called Multi Account Manager. If you work as a money manager, you will find this platform to be highly beneficial because it allows you to manage all of your clients' accounts from a single user-friendly site.

HOW TO OPEN AN ACCOUNT

Similarly to opening a bank account, when you open a forex trading account with Anzo Capital for the first time, you will be required to complete a basic "know your customer" process. This will allow Anzo Capital to verify the accuracy of your submitted information and to ensure the security of your funds and account details on the platform.

CUSTOMER SUPPORT

Potential traders must ensure that the broker firm they choose will provide adequate support whenever they are in need of assistance.

For example, consumers of Anzo Capital may contact the company's support team through email or the live chat feature on their website; the consultants are available 24 hours a day, five days a week.

EDUCATION       

Potential clients of Anzo Capital should arm themselves with all of the information and trading abilities necessary to be successful in the world of FX and commodity trading before they begin trading.

As part of its educational offerings, Anzo Capital provides traders with resources such as a forex guide that helps them better comprehend how trading works and the fundamental terminology of the Forex market. In addition, they provide courses, articles, and videos, as well as a large collection of podcasts.

RESEARCH         

Traders who want to be able to trade with confidence should carry out as much study as possible on this type of speculative trading before beginning, but also prior to every risky transaction to guarantee that they do not lose money unnecessarily and trade as profitably as possible.

They get access to a number of research tools through Anzo Capital, such as an economic calendar and a currency calculator, among other things.

AWARDS

The fact that a corporation has received an award instills further trust among traders. Despite the fact that Anzo Capital is well regarded by its clients, there is no evidence of any honors received on the company's website.

CONCLUSION  

When it comes to trading platforms, Anzo Capital stands out as a company that offers their clients a wide range of options, as well as a good selection of educational materials and an impressive selection of research tools. The company is not insured by a third-party organization, though this is something to consider. The organization performs a good job of providing appropriate customer service to their customers.

DISCLAIMER

Anzo Capital reminds potential customers that forex and CFDs trading always entails a high level of risk and may not be appropriate for all investors in all circumstances.

Anzo Capital recommends that potential traders thoroughly assess their investment objectives as well as their financial status, requirements, and degree of expertise before investing money that they cannot afford to lose with them.

According to research conducted in South Africa, Anzo Capital warns that margin trading entails both the potential for profit and the risk of loss, and that movements in the price of foreign exchange and commodities are extremely unpredictable. As a result, Anzo Capital cannot guarantee a maximum loss that a trader may suffer.

FAQs

TRADING ENVIRONMENT

How many instruments can I trade with Anzo Capital?

You can trade several different instruments with Anzo Capital, which include the following:

• Over 80 currency pairs
• Gold
• Silver
• Energies
• Equity Indices

Which platforms are supported by Anzo Capital?

Anzo Capital provides the following popular trading platforms:

• . MetaTrader4, download, web and mobile
• MetaTrader4 multi-terminal
• Multi Account Manager (MAM)

Does Anzo Capital offer leverage?

Yes, Anzo Capital offers a maximum leverage  of 1:1000

What spreads can I expect with Anzo Capital?

Anzo Capital offers floating spreads, from 2.2pips for their STP account and from 0.1pip for their ECN account.

Does Anzo Capital charge commission?

Yes

Is Anzo Capital regulated?

Yes, Anzo Capital is regulated by the IFSC (International Financial Services Commission)

Is Anzo Capital a recommended forex trading broker for experts and beginners?

Yes, Anzo Capital offers a fair trading environment for all types of traders from beginners to experienced traders.

What is the overall rating out of 10 for Anzo Capital?

7.8/10

ACCOUNTS

What is the difference between a demo and live trading account?

A demo account, which is financed with virtual money and provided by broker businesses, allows a potential client to experiment with the company's trading platforms and features before opening a genuine account, which is paid with the customer's actual money.

Does Anzo Capital offer a demo account?

Yes

How long is the demo account valid?

The demo account can be used for 30 Days

Which live trading accounts does Anzo Capital offer?

• STP Account
• ECN Account

What are the available deposit currencies for a live trading account?

USD, EUR, GBP, IDR, MYR, THB, NGN, PLN and PHP

DEPOSITS AND WITHDRAWALS

What is the minimum deposit for Anzo Capital?

$ 100

How do you make a deposit and withdrawal with Anzo Capital?

Anzo Capital offers the following deposit methods:

• Wire transfer
• MasterCard
• Visa
• JCB
• Neteller
• Skrill
• WebMoney

Withdrawals can be done via:

• Wire transfer
• MasterCard
• Visa
• JCB
• Neteller
• Skrill
• WebMoney

Does Anzo Capital charge withdrawal fees?

No, but fees from financial institution may apply.

How long does it take to make a withdrawal?

Depending on bank services it may take several days for the money to be available.