About AZ Capital
Who is AZ Capital?
AZ Capital is an Uzbekistan-based broker that presents itself as a provider of forex and CFD trading services. According to its official registration, the company was founded on May 26, 2020, and is located at 3B Mukimi str, Yakkasaray district, Tashkent. However, its marketing materials state a founding date of January 24, 2018, creating a discrepancy in its claimed history.
The broker operates under no known regulatory oversight, which is a significant factor for traders to consider. AZ Capital maintains a presence on Facebook and Instagram, suggesting an effort to engage with clients through social media, but independent public information about its operations is limited.
Trading Platforms and Instruments
AZ Capital lists the MetaTrader5 (MT5) platform as its trading interface, a widely used platform known for advanced charting, automated trading, and multi-asset support. The broker does not publicly specify the full range of instruments available, but its description mentions forex and CFDs. Leverage is capped at 1:50 for most account types, with lower ratios for the EXPERT and SWAP FREE accounts, and no leverage for the Islamic account.
The minimum deposit starts at $100 for the STANDART account, making it accessible to retail traders, while the EXPERT account requires a substantial $50,000 minimum, targeting high-net-worth individuals.
Account Offerings and Target Clients
With seven distinct account types, AZ Capital attempts to cater to a variety of trading styles and preferences. The Islamic account is tailored for traders who require swap-free conditions per Sharia law, while the SWAP FREE account offers a similar feature with limited leverage. The Managed account suggests a hands-off approach for clients seeking professional management, though details on management terms are not provided.
The broker appears to aim at both beginner and experienced traders in Uzbekistan and potentially neighboring regions, given its local registration and lack of international licenses. However, the absence of regulation raises questions about client fund safety and dispute resolution.
Overview compiled by FXCanary from regulatory records and public data. full AZ Capital review