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Trade Forex Review of Anzo Capital
Introduction
Trade Forex presents an in-depth review of Anzo Capital, a Forex broker established in 2015, with a footprint in both Australia and Belize. This detailed analysis will walk you through the broker’s regulatory framework, account types, trading platforms, and other essential features, offering a comprehensive perspective for both budding and seasoned traders.
Regulatory Framework and Company Structure
Anzo Capital operates under two main entities:
- Anzo Capital AU: Based in Australia and regulated by the Australian Securities and Investments Commission (ASIC).
- Anzo Capital BZ: Located in Belize, under the regulation of the Belize International Financial Services Commission (IFSC).
Anzo Capital casts a wide net, accepting clients globally, except for those in the USA.
Regulatory Considerations
In Australia, Anzo Capital Pty Ltd is registered with ASIC (registration number 001274554). The company extends its reach to non-Australian clients through Anzo Capital Limited in Belize (registration number 000331/172). It’s pivotal to note that the regulatory environment in Belize is not as stringent as Australia’s. This aspect might be a trade-off for traders seeking higher leverage, as Anzo Capital caps leverage at 1:30 in Australia but extends it up to 1:1000 under Belize’s jurisdiction.
Account Types and Features
Anzo Capital offers a variety of account types:
- Individual, Joint, and Corporate Accounts
- STP (Straight Through Processing) Accounts: Commission-free trading
- ECN (Electronic Communication Network) Accounts: Lower spreads
A 30-day demo account is available, boasting $100,000 in virtual capital, ideal for novices to practice risk-free trading.
STP Account Specifics:
- Dynamic narrow spreads
- Minimum deposit: $100
- Leverage up to 1:1000 for major currencies
ECN Account Specifics:
- Minimum deposit: $500
- Leverage up to 1:500
Trading Instruments
Anzo Capital’s arsenal includes:
- Forex
- CFDs on stock indices, commodities, and precious metals
- 45 currency pairs, 13 international stock indices, 30 stocks
- Brent, WTI, gold, and silver
Trading Platforms
- MT4 Platform: Web, mobile (Apple and Android), and classic versions
- VPS (Virtual Private Server): Free for clients with a daily balance of $5,000+ and over 5 lots/month trading activity. Others can access it for $35/month.
Minimum Deposit and Banking Options
- Minimum deposit: $100
- Payment methods: Visa, MasterCard, bank transfers, and e-wallets like Skrill, Neteller
Conclusion
Anzo Capital, regulated by ASIC and IFSC, offers a diverse range of trading instruments and account options through its STP and ECN accounts. The broker’s use of MT4 and provision of a VPS service cater to various trading strategies and preferences.
Anzo Capital at a Glance:
| General Information | Details |
|---|---|
| Broker’s Name | Anzo Capital |
| Year of Foundation | 2015 |
| Headquarters | Australia, Belize |
| Regulation | ASIC, IFSC |
| Trading Platforms | MT4 |
| EURUSD Spread | 1.8 pips |
| Minimum Deposit | $100 |
| Base Currencies | EUR, USD |
| Maximum Leverage | 1:1000 |
| Trading Assets | Currency pairs, metals, indices, stocks |
| Deposit Methods | Bank Transfer, Visa/MasterCard, Skrill, Neteller |
| Islamic Accounts | Available |
| Segregated Accounts | Yes |
| Scalping | Allowed |
| Automatic Trading | Supported |
| Mobile Trading | Available |
| Web Terminal | Available |
| Social Trading | Supported |
| Signals | Offered |
| VPS | Available |
| Deposit Bonuses | Offered |
| 24/5 Support | Yes |
Before diving into the Forex waters with Anzo Capital, it’s wise to skim through a sea of reviews and consider Trade Forex’s broker rating for a well-rounded decision. Remember, in the world of trading, being informed is not just an advantage, it’s a necessity!
