ZYZ Capital

ZYZ Capital is a retail forex and CFD broker that was registered in Mauritius in September 2023. The company operates through its website zyzcapital.com and maintains a physical address at St Denis Street, 1st Floor, River Court, Port Louis, Mauritius, as well as a representative office in Dubai. While the broker's website claims extensive industry experience dating back to 2013, corporate registration records indicate a more recent establishment.

The broker positions itself as a provider of institutional-grade market access to retail traders, offering the MetaTrader 5 platform and a variety of account types. Its marketing emphasizes trust, transparency, and 24/7 customer support. However, potential clients should note that the broker's regulatory status is a matter of discrepancy between its own claims and available public records.

ZYZ Capital's website prominently displays a claim of being fully regulated by the Financial Services Commission (FSC) of Mauritius under license number C113012567, with a stated license type of Investment Dealer (Full Service Dealer Excluding Underwriting) since 2013. However, FXCanary's independent verification was unable to confirm this license on the FSC's public register. Our records indicate that the company was registered in Mauritius as a business entity only in September 2023, and no active regulatory licenses are on file.

This discrepancy raises significant concerns. While the broker asserts that client funds are segregated and insured, the lack of verifiable regulation means traders have no recourse through a financial ombudsman or compensation scheme in case of disputes. The broker's risk score of 49/100 (‘Guarded’) reflects this uncertain regulatory picture.

ZYZ Capital exclusively offers the MetaTrader 5 (MT5) platform, a widely used multi-asset trading platform known for its advanced charting, algorithmic trading capabilities, and comprehensive analytical tools. The platform is available for Windows desktop, as well as iOS and Android mobile devices, allowing traders to access markets from anywhere.

According to the broker's website, MT5 features include multiple order types, real-time newsfeeds, and a range of technical indicators. The broker does not offer alternative platforms such as cTrader or MetaTrader 4, focusing solely on MT5. For traders already familiar with the MT5 ecosystem, this may be a convenient choice, but those seeking platform diversity may find it limiting.

ZYZ Capital provides a range of account types designed to cater to different trader profiles. According to the broker's known facts, these include: STANDARD (minimum deposit $10, leverage up to 1:1000), ECN ($500, 1:500), PRO ($5,000, 1:100), and COPY TRADE ($300, 1:500). The broker's website itself mentions Standard, Mini, and VIP accounts, with Standard offering spreads from 1.6 pips and leverage up to 1:1000. The inconsistency between the known facts and website listing suggests either outdated information or a change in product offering.

Leverage is notably high, reaching up to 1:1000 on the Standard account, which can amplify both gains and losses. Traders should exercise caution and fully understand the risks of high-leverage trading. The broker does not publish typical spreads for all accounts, and swap rates are provided for forex pairs. It is also unclear whether commission fees apply, particularly on ECN accounts.

ZYZ Capital offers trading in forex, commodities, energy, indices, and CFDs, according to its company description. The website provides detailed contract specifications for forex major pairs, including typical spreads, leverage limits, and swap values. However, comprehensive lists for other asset classes are not publicly available on the site.

The forex pairs covered include majors like EUR/USD, GBP/USD, and USD/JPY, as well as crosses such as EUR/GBP and CHF/JPY. Spreads on majors are quoted as low as 1.7 pips for EUR/USD, which is relatively wide compared to industry standards. The broker does not advertise raw spreads or zero-commission accounts on its main pages.

The broker accepts bank wire transfers for funding and withdrawals. According to its deposit and withdrawal policy, the broker processes withdrawals within 24 hours, though international bank transfers may take 2-3 business days. The minimum deposit varies by account type, starting from $10 for the Standard account. ZYZ Capital does not accept third-party payments, and all transfers must originate from or be directed to accounts in the client's name.

No mention is made of alternative payment methods such as credit/debit cards, e-wallets, or cryptocurrencies. This could be a limitation for traders who prefer faster or more diverse funding options. The broker does not charge fees for deposits or withdrawals, but bank intermediary charges may apply.

ZYZ Capital promotes 24/7 customer support via phone and email. Contact numbers are provided for Mauritius (+230 5826 0043) and Dubai (+971 4224 2206), along with an email address info@zyzcapital.com. The website includes a call-back request form for sales inquiries.

The broker offers a demo account for practice trading, which is a standard feature among forex brokers. Educational resources are not prominently featured on the site, and there is no mention of webinars, tutorials, or market analysis. This suggests that ZYZ Capital targets more experienced traders who require minimal guidance.