Anzo Capital

Anzo Capital Review: Regulation, Fees and Broker Analysis

Unclaimed profile

Primary global retail trading volume is onboarded through offshore entities (Belize FSC / SVG) International accounts lack statutory government investor compensation scheme prot…

Best forRaw ECN SpreadsUltra-Low Commission ($4/lot)MetaTrader 4

External website · BrokerBazaar does not receive a trading commission from this link.

78

/ 100

BrokerBazaar Score

Good

Evidence-based, 0–100

Data confidence 70%

$10 ($10 baseline initial deposit on STP and ECN account tiers; $500 on Pro accounts)

Min Deposit

0.0 pips

Spreads From (indicative)

1:1000

Max Retail Leverage

None (standard) · $0 (raw)

Commission

Group-level figures · Full cost schedule

Researched by
BB Team
Reviewed by
BB Team
Last verified
14 Nov 2026
Next review due
12 Feb 2027

How we tested this broker·Meet the review team

Section 01

About

About Anzo Capital

Company Provided

Founded in 2015, Anzo Capital is an international multi-asset online retail forex and CFD brokerage. The group operates across several regulatory jurisdictions, holding licensing from the Financial Conduct Authority in the United Kingdom (FCA FRN: 739550 via ANZOGLOBAL LLP), the Capital Markets Authority of Kenya (CMA Licence No. 219 via Anzo Capital Limited), and the Financial Services Commission of Belize (FSC Licence No. 000331/469), alongside international corporate registration in St. Vincent and the Grenadines (Anzo Capital (SVG) LLC). Anzo Capital delivers straight-through processing (STP) and ECN execution across forex pairs, equity indices, precious metals, energy commodities, and stock CFDs with leverage scaling up to 1:1000 via MetaTrader 4 (MT4), MetaTrader 5 (MT5), and proprietary mobile applications.

Since 2015 London, United Kingdom (Global Operations: Nairobi, Kenya & Belize City, Belize) 4 regulators listed

Expert Verdict

Primary global retail trading volume is onboarded through offshore entities (Belize FSC / SVG) International accounts lack statutory government investor compensation scheme protections Withdrawals under $100 incur a fixed $20 processing surcharge Narrower asset catalogue without ETFs, bonds, or direct physical equity ownership Retail onboarding is unavailable to residents of the United States and Canada

Pros

  • Competitive raw ECN pricing starting from 0.0 pips paired with an industry-low $4.00 round-turn commission per lot
  • Multi-jurisdictional licensing footprint including the UK FCA (FRN: 739550) and Kenya CMA (Licence 219)
  • High dynamic leverage scaling up to 1:1000 on major currency pairs for international accounts
  • Full platform support across the complete MetaTrader 4 (MT4) and MetaTrader 5 (MT5) ecosystem
  • Accessible barrier to entry with a $10 baseline minimum deposit on both STP and ECN account tiers

Cons

  • Primary global retail trading volume is onboarded through offshore entities (Belize FSC / SVG)
  • International accounts lack statutory government investor compensation scheme protections
  • Withdrawals under $100 incur a fixed $20 processing surcharge
  • Narrower asset catalogue without ETFs, bonds, or direct physical equity ownership
  • Retail onboarding is unavailable to residents of the United States and Canada

BrokerBazaar Overview

Independent

Founded in 2015, Anzo Capital has developed into an established international brokerage with an active presence in Southeast Asia, Africa, and Latin America. The group operates through multiple corporate entities: its African operations are authorized by the Capital Markets Authority of Kenya (CMA Licence No. 219 via Anzo Capital Limited), while international accounts are held under Anzo Capital Limited in Belize (FSC Licence No. 000331/469) and Anzo Capital (SVG) LLC. The group also maintains corporate affiliation in the United Kingdom via ANZOGLOBAL LLP (FCA FRN: 739550).

Anzo Capital's core market appeal lies in its low-cost execution model. The broker supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), supplemented by a proprietary mobile app featuring integrated TradingView charting. Account structures are straightforward: the commission-free STP account (floating spreads from 1.5 pips) and the flagship ECN account. Notably, the ECN account delivers raw interbank spreads starting from 0.0 pips paired with an industry-low commission of only $4.00 round turn per standard lot ($2.00 per side)—significantly below the typical $6.00 to $7.00 market benchmark. Minimum deposits are accessible at just $10, and eligible traders can access dynamic leverage scaling up to 1:1000.

From an investor safety and counterparty risk standpoint, Anzo Capital enforces fund segregation across banking counterparties and contractually provides negative balance protection across retail accounts. However, because international retail clients are primarily contracted through Belize, Kenya, or SVG rather than direct retail Tier-1 arrangements, clients do not benefit from statutory compensation funds such as the UK FSCS. Overall counterparty default risk is evaluated as moderate.

Key Features

Regulated Broker
MetaTrader Platforms
Anzo Capital

Anzo Capital

Regulated Broker

Min Deposit$10 ($10 baseline initial deposit on STP and ECN account tiers; $500 on Pro accounts)
Max Retail Leverage1:1000
Spreads (indicative)0.0 pips

External website · BrokerBazaar does not receive a trading commission from this link.

4

Platforms

2015

Est. Since

6

Account Types

9+

Countries

Regulated By

FCA UK
CMA Kenya
FSC Belize
SVG IBC

Licence check: Not independently checked

Live Spreads

Not available

No live spread data from a named account is available for this broker. Figures are published only with the account type and capture time.

Independent report by BrokerBazaar Research TeamHow we rate brokers

Anzo Capital broker analysis: regulation, fees, withdrawals and risks

Independent broker profile covering verified entities, regulation, costs, platforms, withdrawals, risks and user feedback. BrokerBazaar is not Anzo Capital and does not operate any brokerage.

Profile ownership

Not claimed by broker

No representative of Anzo Capital manages this page. This says nothing about its licence, and the score and regulation data are the same whether or not a profile is claimed.

Information source

Submitted by broker or compiled from public pages

Details have been recorded but not yet independently checked by BrokerBazaar.

Licence check

Not independently checked

Confirm the licence on the regulator's public register before opening an account.

Editorial review

Reviewed 27 Oct 2026

Date the BrokerBazaar research team last regenerated this analysis from the stored record.

Legal entity

Anzo Capital Limited (Kenya)

Founded

2015

Headquarters

London, United Kingdom (Global Operations: Nairobi, Kenya & Belize City, Belize)

Regulators

FCA UK, CMA Kenya, FSC Belize, SVG IBC

Minimum deposit

$10 ($10 baseline initial deposit on STP and ECN account tiers; $500 on Pro accounts)

Spreads from

0.0 pips

Commission

None (standard) · $0 (raw)

Max leverage

1:1000

Platforms

MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT4/MT5 WebTrader, Anzo Capital Mobile App (TradingView integrated)

Account types

STP Account (Spread-Only), ECN Account (Raw Spread), Pro Account, Copy Trading Account, Islamic Swap-Free Account, Demo Account

Anzo Capital regulation and licence table

Each row is one legal entity. Verify the licence on the official register; a company registration is not a brokerage licence.

EntityRegulatorLicenceAuthorised activityRegionLicence check
ANZOGLOBAL LLPFCA

Financial Conduct Authority

Strict oversight
739550 (Companies House Registration No. OC404104)Official register Execution / dealing (forex & CFDs) · Authorised Investment Firm (Appointed Representative / Regulated Entity) · Retail clientsUnited KingdomNot independently checked
Anzo Capital LimitedCMA (Capital Markets Authority of Kenya)Non-Dealing Online Foreign Exchange Broker Licence No. 219Official register Execution / dealing (forex & CFDs) · Non-Dealing Online Foreign Exchange BrokerKenyaNot independently checked
Not disclosedFSC (Financial Services Commission of Belize)Licence No. 000331/469Official register Securities / stock broking · Trading in financial and commodity-based derivative instruments and other securities · Retail clients

Not an execution licence; does not count as local forex regulation.

BelizeNot independently checked

Anzo Capital at a glance

Founded in 2015, Anzo Capital is an international multi-asset online retail forex and CFD brokerage. The group operates across several regulatory jurisdictions, holding licensing from the Financial Conduct Authority in the United Kingdom (FCA FRN: 739550 via ANZOGLOBAL LLP), the Capital Markets Authority of Kenya (CMA Licence No. 219 via Anzo Capital Limited), and the Financial Services Commission of Belize (FSC Licence No. 000331/469), alongside international corporate registration in St. Vincent and the Grenadines (Anzo Capital (SVG) LLC). Anzo Capital delivers straight-through processing (STP) and ECN execution across forex pairs, equity indices, precious metals, energy commodities, and stock CFDs with leverage scaling up to 1:1000 via MetaTrader 4 (MT4), MetaTrader 5 (MT5), and proprietary mobile applications.

Anzo Capital reports a founding year of 2015 and a head office in London, United Kingdom (Global Operations: Nairobi, Kenya & Belize City, Belize). It lists 4 regulators and 4 trading platforms.

BrokerBazaar verdict

Primary global retail trading volume is onboarded through offshore entities (Belize FSC / SVG) International accounts lack statutory government investor compensation scheme protections Withdrawals under $100 incur a fixed $20 processing surcharge Narrower asset catalogue without ETFs, bonds, or direct physical equity ownership Retail onboarding is unavailable to residents of the United States and Canada

Legal entities, regulation and licences

Anzo Capital operates through 3 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by at least one strict-tier regulator.

Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.

Countries accepted and restricted

Anzo Capital states that it accepts clients from International availability across Asia, Africa, Middle East, and Latin America (Strictly excluding the United States, Canada, Japan, North Korea, Iran, and sanctioned jurisdictions). Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.

Trading products, platforms and account types

Instruments: Forex Pairs (Major, Minor, Exotics), Stock Indices, Precious Metals (Spot Gold, Silver), Energy Commodities, Single-Stock CFDs. Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT4/MT5 WebTrader, Anzo Capital Mobile App (TradingView integrated). Account types: STP Account (Spread-Only), ECN Account (Raw Spread), Pro Account, Copy Trading Account, Islamic Swap-Free Account, Demo Account.

Best-for tags assigned by our team: Raw ECN Spreads, Ultra-Low Commission ($4/lot), MetaTrader 4, MetaTrader 5, Scalping, High Leverage (1:1000), Low Minimum Deposit ($10), Copy Trading.

Minimum deposit, spreads, commissions and other charges

The minimum deposit is $10 ($10 baseline initial deposit on STP and ECN account tiers; $500 on Pro accounts). Spreads start from 0.0 pips and commission is None (standard) · $0 (raw). Maximum leverage is 1:1000, subject to the cap of the entity that holds your account.

Swap-free / Islamic account: available (conditional). Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.

Deposits and withdrawals

Deposit methods: Bank Wire Transfer, Credit / Debit Card (Visa / Mastercard), Neteller, Skrill, Cryptocurrencies (USDT, BTC), Local Bank Transfers. Withdrawal methods: Bank Wire Transfer, Credit / Debit Card, Neteller, Skrill, Cryptocurrencies, Local Bank Transfers.

Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.

Execution model, negative balance protection and client money

Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified. These conditions were compiled from public information and have not yet been confirmed by the broker.

Client-money rules follow the regulator of the entity that holds your account: FCA: Segregated in ring-fenced client accounts under the CASS rules. Compensation: FSCS — up to £85,000 per client.

Not covered: Not disclosed (FSC (Financial Services Commission of Belize)). This licence covers a different activity (such as securities, wealth or payments), so its client-money rules do not apply to a forex or CFD account.

Complaints and dispute process

Formal complaints: compliance@anzocapital.com. Phone: +44 20 7193 9068. Customer complaints are formally processed by the Legal and Compliance Department of Anzo Capital Limited at ICEA Lion Centre, Westlands, Nairobi, Kenya (or its affiliated corporate offices). For clients onboarded under the Kenyan regulatory structure, complaints that cannot be resolved internally can be escalated to the Capital Markets Authority (CMA) of Kenya. Client funds are kept in segregated bank accounts separated from corporate operating capital. However, because international retail clients are primarily contracted under Belize FSC, Kenya CMA, or St. Vincent and the Grenadines corporate registrations rather than direct retail UK FCA/CySEC entities, clients do not benefit from statutory European investor compensation schemes (such as the UK FSCS or Cyprus ICF) in the event of broker insolvency.

If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.

Strengths and limitations

  • Strength: Competitive raw ECN pricing starting from 0.0 pips paired with an industry-low $4.00 round-turn commission per lot
  • Strength: Multi-jurisdictional licensing footprint including the UK FCA (FRN: 739550) and Kenya CMA (Licence 219)
  • Strength: High dynamic leverage scaling up to 1:1000 on major currency pairs for international accounts
  • Strength: Full platform support across the complete MetaTrader 4 (MT4) and MetaTrader 5 (MT5) ecosystem
  • Strength: Accessible barrier to entry with a $10 baseline minimum deposit on both STP and ECN account tiers
  • Limitation: Primary global retail trading volume is onboarded through offshore entities (Belize FSC / SVG)
  • Limitation: International accounts lack statutory government investor compensation scheme protections
  • Limitation: Withdrawals under $100 incur a fixed $20 processing surcharge
  • Limitation: Narrower asset catalogue without ETFs, bonds, or direct physical equity ownership
  • Limitation: Retail onboarding is unavailable to residents of the United States and Canada

Who this broker suits, and who it does not

Anzo Capital is most relevant to traders looking for: Raw ECN Spreads, Ultra-Low Commission ($4/lot), MetaTrader 4, MetaTrader 5, Scalping, High Leverage (1:1000), Low Minimum Deposit ($10), Copy Trading.

It is less suitable for anyone who needs a strict-tier regulator in their own country of residence but would be onboarded by an offshore entity, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.

Anzo Capital change history

Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.

No fact changes recorded for Anzo Capital yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.

Frequently asked questions about Anzo Capital

Data sources. Broker submission, the regulator registers linked above, CMA Kenya licensee list; anzocapital.net regulation page, web-archive and domain records, and third-party traffic data. Last register check 2026-10-12. External ratings: Trustpilot 3.9/5.

Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with Anzo Capital through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.

We use cookies to run the site and show relevant offers. Cookie Policy.