Overall Rating: ★★★☆☆ (3.5/5.0)

Anzo Capital is a Belize-registered forex and CFD broker established in 2015, offering traders access to the MetaTrader 4 and MetaTrader 5 platforms. The broker is best known for its tight spreads, high leverage options (up to 1:1000), and ECN-style execution. While Anzo Capital provides a clean and cost-efficient trading environment, its offshore regulation and limited educational tools may raise concerns for more cautious traders. In this Anzo Capital review, we’ll assess whether the broker offers a safe and competitive option for traders.

Key Features

Anzo Capital delivers a straightforward trading experience tailored to forex and CFD traders.

• Trading Platforms: Supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) across desktop, mobile, and web.
• Account Types:
  • STP Account – No commission, spreads from 1.3 pips.
  • ECN Account – Spreads from 0.0 pips + $7 commission per lot.
• Asset Classes: Includes forex, indices, metals, energies, and cryptocurrencies.
• Leverage: Offers leverage up to 1:1000 depending on the asset and account type.
• Trade Execution: ECN and STP execution models with low-latency order routing.

Regulation and Security

Anzo Capital operates as an offshore broker, regulated in Belize — which provides basic oversight but lacks tier-1 authority status.

• Regulator: Authorised by the International Financial Services Commission (IFSC) of Belize – Licence No. IFSC/60/482/TS/19.
• Client Fund Protection: Implements segregated client accounts and uses SSL encryption for platform access.
• Negative Balance Protection: Offered across both account types.
• Limitations: No investor protection scheme (like FSCS or ASIC coverage) applies under IFSC regulation.

Pricing and Costs

Anzo Capital is cost-effective, especially for traders using the ECN account.

• Spreads:
  • STP Account: From 1.3 pips, no commission.
  • ECN Account: From 0.0 pips, $3.50 per side commission.
• Minimum Deposit:
  • STP: $100
  • ECN: $500
• Deposit & Withdrawal Fees: No internal charges. Third-party fees may apply.
• Inactivity Fees: None currently disclosed.
• Swap-Free (Islamic) Accounts: Available on request.

Educational Resources and Customer Support

Anzo Capital offers basic educational tools and standard client support.

• Education: Limited to a small library of articles and platform tutorials — no structured courses or webinars.
• Market Analysis: Occasionally publishes market commentary, but not updated daily.
• Customer Support: Available 24/5 via live chat, email, and phone.
• Languages Supported: English, Chinese, Spanish, and others.

Risk Management Tools

As a MetaTrader-based broker, Anzo Capital includes standard risk tools available within MT4/MT5.

• Order Types: Full support for stop-loss, take-profit, and pending orders.
• Trailing Stops: Available for dynamic risk management.
• Leverage Adjustments: Traders can manually adjust leverage in the client portal.
• Margin Calls: Issued at 100%, with stop-out levels at 50%.

Pros and Cons

Pros

• Access to both MT4 and MT5 platforms
• ECN account with raw spreads and competitive commissions
• High leverage up to 1:1000
• Negative balance protection and low minimum deposit
• Fast execution with STP/ECN order routing

Cons

• Offshore regulation under IFSC Belize
• Limited educational content and market research
• No investor compensation scheme
• No proprietary trading platform or app

Conclusion: Is Anzo Capital the Right Choice?

Anzo Capital is a cost-effective, execution-focused broker offering flexible trading conditions through MT4 and MT5. It’s a solid option for traders who prioritise spreads, execution speed, and leverage. However, due to its offshore regulation and lack of robust educational tools, it may not be the best choice for cautious beginners or long-term investors.

If you’re looking for ECN trading with low spreads and high leverage, Anzo Capital is worth considering — but ensure you’re comfortable with its regulatory profile before opening an account.