Anzo Capital

Anzo Capital is a forex and CFD broker that was founded in 2015 and is registered in the United Kingdom. The company operates under the full legal name Anzo Capital (SVG) LLC and is domiciled in Saint Vincent and the Grenadines, with a registered address in Kingstown. The broker provides access to a range of financial markets, including forex, commodities, indices, and stocks, and offers both STP and ECN account types.

With a founding date of June 4, 2018, according to corporate records, the broker has been in operation for several years. It aims to serve both retail and institutional traders, offering high leverage options and competitive spreads. The company also provides risk-free demo accounts for traders to practice their strategies before committing real funds.

Anzo Capital holds two regulatory licenses: one from the Australian Securities and Investments Commission (ASIC) and another from the Capital Markets Authority (CMA) of Kenya. The ASIC license (no. 362215) is an Inst Deriv Trading License (STP) with a status of Regulated in Australia. The CMA license (no. 219) is a Forex Execution License (STP) with a status of Regulated in Kenya. These licenses indicate that the broker is authorized to offer forex and CFD trading services under these jurisdictions.

It is important to note that while the broker claims to have an FCA license in its marketing materials, our records do not confirm an FCA license for the entity under review. Traders should verify the current regulatory status directly with the relevant authorities.

Anzo Capital offers two main account types: STP and ECN. The STP account has a minimum spread from 1.4 pips, while the ECN account offers spreads from 0 pips. The maximum leverage for both account types is 1:500. The minimum deposit requirement is not explicitly disclosed in the account specifications but is stated by the company as $100.

Both account types provide access to the same range of instruments, including currency pairs, precious metals, energy, indices, and US and HK stocks. The broker supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are widely used in the industry for their advanced charting tools and automated trading capabilities.

Anzo Capital supports deposits and withdrawals via Neteller and Skrill. These e-wallet methods offer fast and convenient transactions for traders. The broker does not disclose other funding methods such as bank transfers or credit cards, so traders should be prepared to use these specific options.

According to user reviews, deposits are generally processed quickly, but withdrawals may experience delays, especially on weekends. The broker aims to process withdrawal requests within 24 hours on weekdays, but some users have reported longer wait times and additional documentation requirements.

Anzo Capital is suited for traders who prioritize fast execution and low spreads, and who are comfortable using e-wallet payment methods. The high leverage options (up to 1:500) may appeal to experienced traders looking to maximize their positions, but beginners should approach with caution due to the additional risk.

The broker's regulatory framework, with licenses from ASIC and CMA, provides some oversight, but the absence of a top-tier European regulator may be a concern for traders who require stringent investor protection. Overall, Anzo Capital is best for traders who have done their due diligence and are seeking a broker with competitive trading conditions and responsive customer support.