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Do you want to know which is the better broker between Saxo and Anzo Capital ?
In the table below, you can compare the features of Saxo , Anzo Capital side by side to determine the best fit for your needs.
EURUSD: -0.8
XAUUSD: -0.6
Long: -6.49
Short: 1.87
Long: -33.48
Short: 20.3
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of saxo, anzo-capital lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Saxo Review Summary in 10 Points | |
Founded | 1992 |
Headquarters | Hellerup, Denmark |
Regulation | ASIC, FCA, FSA, SFC, BDF, CONSOB, FINMA, MAS |
Market Instruments | Forex, stocks, futures, options, bonds, ETFs and CFDs |
Demo Account | Available |
Leverage | 1:100 |
EUR/USD Spread | 0.4 pips |
Trading Platforms | SaxoInvestor, SaxoTraderGO, SaxoTraderPRO |
Minimum deposit | HKD10,000 |
Customer Support | 24/5 phone, email |
Saxo is a Danish investment bank founded in 1992. It provides online trading and investment services in multiple assets, including stocks, bonds, forex, options, futures, and CFDs, through its proprietary trading platforms. The bank operates in over 100 countries and has offices in major financial centers worldwide, including Copenhagen, London, Singapore, and Tokyo. Saxo Bank is regulated by several financial authorities, including the Danish Financial Supervisory Authority, the UK Financial Conduct Authority, and the Monetary Authority of Singapore. The bank also has a banking license and is a member of the Danish guarantee fund for depositors and investors.
Saxo is a multi-asset broker that offers access to a wide range of financial instruments, including forex, stocks, bonds, ETFs, futures, options, and more. The broker provides trading services through its advanced trading platforms and caters to both retail and institutional clients. Saxo operates as a hybrid broker, offering both direct market access (DMA) and market making services.
Saxo is a well-established and reputable broker with a range of trading platforms, instruments, and research tools.
However, the broker's high fees, minimum deposit requirement, and lack of negative balance protection may not be suitable for all traders. Additionally, some users have reported poor customer service experiences.
Pros | Cons |
• Wide range of financial instruments available | • High minimum deposit requirement |
• Access to multiple markets and exchanges | • Fees and commissions may be higher than competitors |
• User-friendly trading platforms | • Inactivity fee for dormant accounts |
• Advanced trading tools and research | • Limited educational resources |
• Regulated by top-tier financial authorities | • Limited customer support options |
Overall, it is important for traders to carefully consider their own needs and preferences before choosing Saxo or any other broker.
There are many alternative brokers to Saxo, each with their own unique features and benefits. Some popular alternatives include:
Interactive Brokers: A well-established broker with a wide range of trading instruments and low commissions.
TD Ameritrade: Offers a powerful trading platform and a variety of educational resources.
E*TRADE: A popular broker with a user-friendly platform and no account minimums.
IG: A global leader in online trading, offering a wide range of markets and advanced trading tools.
Plus500: A broker known for its user-friendly platform and tight spreads.
Ultimately, the best alternative broker for you will depend on your specific trading needs and preferences. It's important to research and compare different brokers to find the one that best fits your individual needs.
Saxo is a legitimate and reputable broker with a long track record of providing reliable trading services. It is regulated by top-tier financial authorities such as the Financial Conduct Authority (FCA) in the UK and the Danish Financial Supervisory Authority (DFSA). Additionally, Saxo is a member of several investor protection funds, such as the Financial Services Compensation Scheme (FSCS) in the UK, which protects clients' funds up to a certain amount in case of the broker's insolvency. Therefore, based on its regulation and investor protection measures, Saxo can be considered a legitimate broker.
Saxo is a regulated broker, with licenses from multiple reputable regulatory authorities and a long-standing history of providing financial services. The broker takes extensive measures to protect client funds, including segregating them from the company's assets and offering negative balance protection.
Additionally, Saxo offers various security features, such as two-factor authentication and encryption, to ensure secure trading.
More details can be found in the table below:
Security Measures | Description |
Regulation | FSA, FINMA, FCA, ASIC, DFSA |
Segregated Accounts | Client funds are held in segregated bank accounts to protect them in case of insolvency. |
Two-Factor Authentication | As an extra layer of security for client accounts |
SSL Encryption | The Saxo website and platform are secured with SSL encryption to protect user data |
Investor Compensation Scheme | A member of the Danish Investor Compensation Scheme, which provides additional protection to clients in case of insolvency |
It's important to note that while these measures provide some level of protection for clients, there is always some level of risk involved in trading financial instruments, and clients should always be aware of the risks before making any trades.
Based on the information available, Saxo appears to be a reliable and trustworthy broker. It is regulated by reputable authorities, has been in operation for several years. However, we also find that some users complain about their bad experience with Saxo. Take care!
Saxo offers a wide range of trading instruments across multiple asset classes, including
Forex: More than 180 currency pairs, including majors, minors, and exotics.
Stocks: Over 40,000 stocks from 36 global exchanges, including NYSE, NASDAQ, LSE, and more.
Futures: Over 200 futures and options across a variety of asset classes such as commodities, indices, and bonds.
Options: A wide range of options on stocks, indices, and futures.
Bonds: Trade a wide range of government and corporate bonds, including sovereign bonds from developed and emerging markets.
ETFs and CFDs: Access to over 3,000 ETFs and CFDs on indices, commodities, and stocks.
Saxo offers a range of account types designed to suit the different needs of its clients. The account types offered by Saxo are:
Classic Account: A traditional account with minimum funding of HKD10,000, which offers a range of trading tools and resources.
Platinum Account: A premium account for high-net-worth individuals, with a minimum funding requirement of HKD 1,500,000.
VIP Account: An exclusive account for ultra-high-net-worth individuals, with a minimum funding requirement of HKD 8,000,000.
Islamic Account: A Sharia-compliant account for clients who follow Islamic finance principles.
Corporate Account: An account for companies, partnerships, and other legal entities.
Joint Account: An account for two or more individuals who want to trade together.
Each account type has its own unique features and benefits, such as lower pricing, higher leverage, and dedicated account managers. Saxo also offers a free demo account for clients to practice trading before committing to a live account.
It takes only about five minutes and a short online form to open an account. Clients will need to submit the standard verification documents required by KYC and AML rules, but the procedure should be quick and easy, and they will have access to their account in minutes.
Saxo offers leverage up to 1:100 for forex trading. Professional clients are entitled to leverage of 1:40 for the primary index, 1:33 for the secondary index, 1:33 for gold, 1:10 for equities, and 1:25 for commodities. Retail clients are entitled to leverage of 1:20 for the primary index, 1:10 for the secondary index, 1:20 for gold, 1:5 for equities and 1:10 for commodities.
However, the maximum leverage may vary depending on the instrument being traded and the client's location. It is important to note that trading with high leverage carries a higher level of risk, and traders should always exercise caution and use risk management strategies.
Saxo offers variable spreads, which means that the spreads can change depending on market conditions. The typical minimum spreads for popular instruments are as follows:
EUR/USD: 0.4 pips
USD/JPY: 0.6 pips
GBP/USD: 0.9 pips
AUD/USD: 0.6 pips
USD/CHF: 1.2 pips
USD/CAD: 1.5 pips
Saxo also charges commissions on some products, including stocks, ETFs, and futures. The commission fees vary depending on the specific market and the size of the trade. Commissions start at $3 per share for equities, as low as $0.85 per lot for commodities, and $3 per share for ETFs. Futures commissions start as low as $0.85 per lot, bonds commissions start at 0.05%, listed options commissions start as low as $1.25 per lot, and mutual funds commissions are $0 for custody and platform fees.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission per lot |
Saxo | 0.4 pips | $3 |
Interactive Brokers | 0.1 pips | $2 |
TD Ameritrade | 0.7 pips | free |
E*TRADE | 1.0 pips | free |
IG | 0.75 pips | free |
Plus500 | 0.8 pips | free |
Please note that commission rates may vary depending on the specific account type and trading volume. Additionally, some brokers may offer different spreads and commissions for other currency pairs or financial instruments. It's important to do your own research and carefully consider the costs and fees of each broker before making a decision.
Saxo offers its own proprietary trading platform called SaxoTraderGO. It is a web-based platform that can be accessed from any device with an internet connection. In addition to SaxoTraderGO, Saxo also offers SaxoTraderPRO, a desktop-based trading platform that is designed for advanced traders who require additional functionality.
SaxoTraderGO is highly customizable, allowing traders to arrange the interface to suit their preferences. It provides access to a wide range of trading tools and features, including charting tools, technical analysis indicators, and news feeds. The platform also includes a comprehensive range of order types, including market, limit, stop, and trailing stop orders.
SaxoTraderPRO is a professional-grade trading platform that offers advanced trading tools and features. It is designed for active traders and includes a range of tools that allow traders to monitor multiple markets and instruments simultaneously. The platform also includes advanced charting tools and a range of order types, including conditional orders and algorithmic trading capabilities.
Saxo also offers SaxoInvestor, which is a user-friendly trading platform suitable for beginner investors who are interested in a wide range of asset classes. It provides a simple and intuitive interface with basic research tools and features, making it easy for investors to buy and sell stocks, ETFs, bonds, and mutual funds. However, advanced traders may find the platform's lack of advanced tools and customization options limiting.
Overall, Saxo's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:
Broker | Trading Platform |
Saxo | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor |
Interactive Brokers | Trader Workstation, WebTrader, IBKR Mobile |
TD Ameritrade | Thinkorswim, Web Platform, TD Ameritrade Mobile App |
E*TRADE | Power E*TRADE, E*TRADE Web, E*TRADE Mobile |
IG | IG Trading Platform, IG Web Platform, IG Trading App |
Plus500 | Plus500 WebTrader, Plus500 Mobile App |
Saxo Bank supports several deposit and withdrawal methods, including Visa, MasterCard, Visa Debit, Visa Electron, MasterCard Debit, Maestro (for UK residents), Visa Dankort (for Denmark residents), Carte Bleue (for France residents). The company does not charge any fees for deposits and withdrawals, but if an investor makes a withdrawal request via manual withdrawal, a processing fee of 40 EUR will be charged.
Saxo has different minimum deposit requirements depending on the type of account you open and your country of residence. For example, the minimum deposit for the Classic account is HKD10,000.
However, these amounts can vary depending on your location and the specific account type. It's important to check with Saxo directly or on their website for the most up-to-date information on minimum deposit requirements.
Saxo | Most other | |
Minimum Deposit | HKD10,000 | $100 |
To withdraw funds from your Saxo account, you need to follow these steps:
Step 1: Log in to your Saxo account using your credentials.
Step 2: Click on the “Account” tab located on the top right corner of the screen.
Step 3: Click on “Withdraw Funds” from the account menu options.
Step 4: Select the account you wish to withdraw funds from, enter the amount you want to withdraw, and select the currency you want to withdraw in.
Step 5: Choose the preferred withdrawal method from the available options and provide the necessary details such as bank account information or credit/debit card information.
Step 6: Review the details of your withdrawal request and click on “Submit.”
Note that Saxo may require additional verification or documentation before processing your withdrawal request. The processing time for withdrawals may vary depending on the chosen method and your bank's processing time.
Swap costs, sometimes called overnight fees, are assessed on overnight open positions at Saxo Bank. These are expressed as interest and, depending on the trader's position, might be either charged to or credited to his or her account.
Traders of the Muslim faith, for whom the payment of interest is forbidden, are out of luck with Saxo Bank because they don't have the option of opening an Islamic account. With the wide variety of deposit currencies offered by Saxo Bank, customers will have a decreased chance of incurring conversion fees.
Amounts credited to your account are converted from their original currency at the mid-point FX Spot rate plus/minus the margins and spreads indicated below. This includes both trading fees and profits/losses incurred as a result of your trading activities.
Fees for account inactivity are also a reality for inactive accounts. After the initial six months, the rate increased to $150, which is quite a bit.
See the fee comparison table below:
Broker | Deposit Fee | Withdrawal Fee | Inactivity Fee |
Saxo | Free | Free | $150 after six months of inactivity |
Interactive Brokers | Free | $0-$10 | $20/month if account balance < $2,000 |
TD Ameritrade | Free | Free | Free |
E*TRADE | Free | $0-$25 | Free |
IG | Free | Free | $18/month after 24 months of inactivity |
Plus500 | Free | Free | $10/month after 3 months of inactivity |
Saxo provides customer support through several channels, including phone, email, and social media (Facebook, LinkedIn, Twitter and YouTube). The broker offers 24/5 customer service in multiple languages, including English, Chinese, French, German, Italian, Japanese, Portuguese, and Spanish.
Saxo also provides a comprehensive help center on its website that includes an extensive knowledge base, FAQs, trading guides, and video tutorials. The broker's customer service is generally considered to be of high quality, with knowledgeable representatives who are responsive and helpful.
Pros | Cons |
• 24/5 customer service through multiple channels | • No 24/7 support service |
• Dedicated support for VIP clients | • Phone support may have long wait times |
• Extensive FAQ section on the website | • No dedicated account manager for non-VIP clients |
• Personalized support for complex trading needs | • No local offices in some countries |
• Multilingual support available for non-English users |
Note: These pros and cons are subjective and may vary depending on the individual's experience with Saxo's customer service.
Saxo Bank provides excellent market research in addition to a wealth of instructional resources like video courses, webinars, and events. Saxo Bank's SaxoStrats Experts group consists of eight analysts and strategists who are tasked with providing coverage of the various asset classes available to customers. It's apparent that this broker places a high value on its research team and recognizes the significance of this service, both for its clients and as a global investment bank. The classes are a wonderful way for newcomers to get their feet wet and become acquainted with the resources that are at their disposal. Videos are easy to follow and understand, helping novice traders quickly get up to speed and lay a solid groundwork from which to expand their knowledge. Saxo Bank specialists will be hosting webinars.
In conclusion, Saxo is a well-established broker. The broker offers a wide range of trading instruments, including forex, stocks, options, futures, and CFDs, and provides access to various markets worldwide. Saxo also offers an advanced trading platform and a user-friendly mobile app, making it easy for traders to access the markets on the go.
While Saxo has some of the highest fees in the industry, the broker's competitive spreads and tight execution make it a popular choice for traders. Additionally, Saxo's robust educational resources and customer support make it an ideal choice for traders of all skill levels who want to improve their knowledge and skills in trading.
Overall, Saxo is a multi-asset broker that offers a comprehensive suite of trading tools and services to help traders achieve their investment goals. However, potential clients should carefully consider the fees and minimum deposit requirements before opening an account. Also, dont forget check their user reviews on the Internet.
Q 1: | Is Saxo regulated? |
A 1: | Yes. It is regulated by ASIC, FCA, FSA, SFC, BDF, CONSOB, FINMA, MAS. |
Q 2: | Does Saxo offer demo accounts? |
A 2: | Yes. |
Q 3: | Does Saxo offer the industry-standard MT4 & MT5? |
A 3: | No. Instead, it offers SaxoInvestor, SaxoTraderGO, and SaxoTraderPRO. |
Q 4: | What is the minimum deposit for Saxo? |
A 4: | The minimum initial deposit to open an account isHKD10,000. |
Q 5: | Is Saxo a good broker for beginners? |
A 5: | Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |
Online trading is dangerous, and you could potentially lose all of your investment funds. Not all investors and traders are suitable for it. Please understand that the information on this website is designed to serve as general guidance, and that you should be aware of the risks.
Anzo Capital Review Summary | |
Founded | 2015 |
Registered Country/Region | Belize |
Regulation | FCA |
Market Instruments | Forex, precious metals, CFD, stock CFDs |
Demo Account | Available |
Leverage | 1:500 |
EUR/USD Spread | floating |
Trading Platforms | MT4 |
Minimum Deposit | $100 |
Customer Support | live chat, phone |
Anzo Capital is an online broker founded in 2015 that offers margin trading in financial derivatives such as foreign exchange (FX), precious metals, and contracts for differences (CFDs) through the MT4 platform. Anzo Capital is currently authorized and regulated by the United Kingdom Financial Conduct Authority (UK FCA).
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros | Cons |
· Regulated by FCA | · US and Japan clients are not accepted |
· Wide range of trading instruments | · Single payment option |
· Demo accounts available | |
· Acceptable minimum deposit | |
· MT4 supported |
There are many alternative brokers to Anzo Capital depending on the specific needs and preferences of the trader. Some popular options include:
IG (IG Group) - IG is a well-established broker that offers a wide range of trading products, including forex, stocks, indices, commodities, and cryptocurrencies. They provide access to various trading platforms, including their proprietary platform and MetaTrader 4 (MT4). IG is regulated by multiple financial authorities, including the UK FCA.
Pepperstone - Pepperstone is a popular broker known for its competitive pricing and fast execution. They offer a diverse range of trading instruments, including forex, indices, commodities, and cryptocurrencies. Pepperstone supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms and provides various account types to cater to different trading needs. They are regulated by reputable authorities such as CYSEC (Cyprus) and FCA (UK).
eToro - eToro is a social trading platform that combines trading with social networking features. They offer a unique copy trading feature, allowing users to automatically replicate the trades of successful traders. eToro provides access to various financial markets, including stocks, cryptocurrencies, commodities, and ETFs. They are regulated by authorities such as CySEC (Cyprus) and the FCA (UK).
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Anzo Capital's regulation by the Financial Conduct Authority (FCA) in the UK and offshore regulation by the Financial Services Commission (FSC) suggests that the broker operates under certain regulatory oversight. The FCA and FSC are reputable financial regulatory authorities known for their rigorous standards and guidelines.
The separation of customers' funds and the company's funds into different bank accounts is a standard practice in the industry that enhances the safety of client funds. It helps to protect customers' funds in the event of any financial difficulties faced by the broker.
The claim of adhering to guidelines, including anti-money laundering policies, is also a positive sign. Compliance with these policies demonstrates a commitment to maintaining a secure and trustworthy trading environment.
However, it's important to note that no financial service provider is completely immune to risks, and the decision to engage with a broker should be based on a comprehensive assessment of various factors. While the regulatory status and safety measures implemented by Anzo Capital are positive aspects, it is advisable to consider other factors as well, such as customer reviews, trading conditions, transparency, and overall reputation.
Anzo Capital provides a diverse range of market instruments to cater to the trading preferences of its clients. Traders have the opportunity to participate in the Forex market, where they can trade various currency pairs, taking advantage of currency fluctuations. Additionally, Anzo Capital offers precious metals such as gold and silver, allowing traders to speculate on their value in the market. Furthermore, the availability of Contract for Difference (CFD) trading allows clients to trade a wide range of financial instruments, including stock CFDs. This enables traders to engage in the price movements of popular stocks without owning the underlying assets.
Anzo Capital offers a variety of account types to accommodate different trading needs. Traders have the option to choose from three account types: Personal Account, Joint Account, and Business Account. Each account type caters to individual traders, joint account holders, or businesses respectively. Furthermore, Anzo Capital provides two execution options for each account type: STP (Straight Through Processing) and ECN (Electronic Communication Network), allowing traders to choose the execution method that suits their trading style and preferences.
In terms of account funding, Anzo Capital maintains a minimum deposit requirement of $100 across all account types. This provides accessibility to traders with varying levels of capital, enabling them to get started with their trading activities.
Additionally, demo accounts are available for 30 days. Anzo Capital's demo account provides users with $100,000 in virtual funds, enabling them to experience the platform and test their trading strategies in a risk-free environment. This feature is particularly beneficial for beginners who want to gain hands-on experience and build confidence before transitioning to live trading.
Anzo Capital provides leverage of up to 1:500 to its traders. Leverage is a tool that enables traders to amplify their trading positions by borrowing funds from the broker. With a leverage ratio of 1:500, traders have the potential to control larger positions in the market with a smaller amount of capital. This can be advantageous for experienced traders looking to maximize their potential returns.
However, it's important to note that while leverage can enhance profits, it also magnifies potential losses. Traders should exercise caution and have a thorough understanding of the risks involved in trading with high leverage. It is recommended to carefully manage risk, use appropriate risk management strategies, and consider one's trading experience and financial situation before utilizing high leverage ratios offered by brokers like Anzo Capital.
Floating spreads, the main spreads for STP accounts are: EUR/USD 1.8 pips, USD/JPY 2.0 pips, the GBP/USD 2.0 pips, AUD/USD 1.9 pips, gold 3.5 pips, and crude oil 3.5 pips. The main spreads for ECN accounts are EUR/USD from 0.0 pips, and gold 0.9 pips. The swap is automatically calculated by the MT4 platform at the end of each trading day, and the server starts calculating at 23:59. The swap on Wednesday is three times the usual. The latest swap quotes need to refer to the MT4 market quote window. However, the broker doesn't specify any info on commissions.
It's important for traders to consider spreads and commissions as part of their overall trading costs, along with factors like liquidity, execution speed, and additional fees. Evaluating the cost structure is crucial when choosing a trading account, as it can impact profitability and trading strategies. Traders should carefully review the details provided by Anzo Capital and assess how the spreads and commissions align with their trading preferences and goals.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread (pips) | Commissions |
Anzo Capital | 1.8 | Not specified |
IG | 0.6 | Variable commission rates |
Pepperstone | 0.1 | $7 per round turn lot |
eToro | 1 | No commissions |
Please note that the spread values provided are indicative and may vary based on market conditions and account types. Additionally, commissions for some brokers may vary depending on factors such as trading volume and account type. It's always recommended to refer to the brokers' official websites or contact their customer support for the most accurate and up-to-date information regarding spreads and commissions.
Anzo Capital offers a diverse range of trading platforms designed to cater to the varying needs and preferences of traders. With the MT4 Desktop platform, traders can enjoy a powerful and feature-rich trading experience right on their desktop computers. This platform provides access to an extensive range of financial instruments, advanced charting tools, customizable indicators, and one-click trading execution, allowing users to analyze the markets and execute trades efficiently.
For those who prefer the flexibility of web-based trading, Anzo Capital offers the MT4 Web platform. This platform enables traders to access their trading accounts from any web browser without the need for any software installation. Traders can benefit from the familiar interface of MetaTrader 4 (MT4), along with its comprehensive charting capabilities, a wide selection of technical indicators, and the ability to trade directly from the charts.
Furthermore, Anzo Capital recognizes the importance of mobile trading and provides the MT4 Mobile platform. This mobile application enables traders to access their accounts and trade on-the-go using their smartphones or tablets. With the MT4 Mobile platform, traders can monitor market movements in real-time, execute trades, manage positions, and access their trading history, all from the convenience of their mobile devices.
In summary, Anzo Capital's trading platforms, including the MT4 Desktop, MT4 Web, and MT4 Mobile, offer traders a comprehensive suite of tools and features to enhance their trading experience. Whether traders prefer the power of a desktop platform, the convenience of web-based trading, or the flexibility of mobile trading, Anzo Capital provides a solution to meet their needs.
See the trading platform comparison table below:
Broker | Trading Platforms |
Anzo Capital | MT4 Desktop, MT4 Web, MT4 Mobile |
IG | IG Trading Platform, L2 Dealer, MetaTrader 4 |
Pepperstone | MetaTrader 4, MetaTrader 5, cTrader |
eToro | eToro WebTrader, eToro Mobile App |
Anzo Capital only accepts deposits and withdrawals via online bank transfer. The accepted currency for these transactions is CNY (Chinese Yuan). To get started, traders are required to make a minimum deposit of 3,000 CNY, allowing them to fund their trading accounts and start participating in the markets. On the withdrawal side, the minimum amount that can be withdrawn is 150 USD. However, there is no maximum limit for withdrawals, giving traders the freedom to withdraw their profits or funds as desired. Anzo Capital does not charge any fees for deposits or withdrawals, allowing traders to manage their finances without additional costs.
Deposits can be processed at any time, 24 hours a day, seven days a week, in line with the GMT+8 time zone. Withdrawals, on the other hand, are processed on weekdays (Monday to Friday) between 9 am and 6:30 pm (GMT+8), ensuring timely and efficient processing of withdrawal requests.
Anzo Capital provides live chat and phone: +852 2592 5424 during business hours, Monday to Friday, from 7:30 am to 02:00 am (GMT+8).
In conclusion, Anzo Capital stands out as a regulated broker with extensive experience in the industry. Anzo Capital offers a wide range of trading instruments, allowing traders to diversify their portfolios and explore various markets. The competitive trading conditions, coupled with the renowned MetaTrader 4 (MT4) platform, provide traders with a powerful and reliable trading experience.
Q 1: | Is Anzo Capital regulated? |
A 1: | Yes. It is regulated by the Financial Conduct Authority (FCA) in the UK and offshore regulation by the Financial Services Commission (FSC)。 |
Q 2: | At Anzo Capital, are there any regional restrictions for traders? |
A 2: | Yes. Anzo Capital does not accept customers in the United States and Japan. |
Q 3: | Does Anzo Capital offer demo accounts? |
A 3: | Yes. Demo accounts are available for 30 days with $100,000 in virtual funds. |
Q 4: | Does Anzo Capital offer industry leading MT4 & MT5? |
A 4: | Yes. It supports MT4. |
Q 5: | What is the minimum deposit for Anzo Capital? |
A 5: | The minimum initial deposit to open an account is $.100 |
Q 6: | Is Anzo Capital a good broker for beginners? |
A 6: | Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive saxo and anzo-capital are, we first considered common fees for standard accounts. On saxo, the average spread for the EUR/USD currency pair is -- pips, while on anzo-capital the spread is From 1.4.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
saxo is regulated by ASIC,FCA,FSA,SFC,AMF,CONSOB,FINMA,MAS,AMF,DFSA,ASIC. anzo-capital is regulated by FSC,FCA.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
saxo provides trading platform including VIP account,Classic account,Platinum account and trading variety including --. anzo-capital provides trading platform including STP,ECN and trading variety including Currency pairs, precious metals, energy, indices, US and HK stocks.