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No valid regulatory information, please be aware of the risk!
+998 71 253 02 06
General Information & Regulation
AZ Capital is allegedly a forex and CFD broker founded on January 24, 2018 and registered in Uzbekistan. It claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:50 and raw spreads on the state-of-the-art MetaTrader5 trading platform via six different live account types. Here is the home page of this brokers official site:
As for regulation, it has been verified that AZ Capital does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.69/10. Please be aware of the risk.
AZ Capital advertises that it mainly offers four different asset classes, covering forex, CFD, metals and energy.
AZ Capital claims to offer six types of trading accounts - Standard, Swap Free, Advanced, Islamic, Pro and Expert, with minimum initial deposit requirements of $100, $200, $500, $5,000, $10,000 and $50,000 respectively.
The specified leverage for different account types at AZ Capital varies between 1:1 and 1:50. Leverage is adjusted based on account types. Specifically, 1:50 for the Standard, Advanced and Pro accounts, 1:30 for the Expert account, 1:20 for the Swap Free account and 1:1 for the Islamic account. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads & Commissions
All spreads with AZ Capital are a floating type and scaled with the accounts offered. Clients on the Swap Free and Islamic accounts can experience spreads of MUP + 1.8 pips, while the Standard, Advanced, Pro and Expert account members can enjoy raw spreads. As for the commission, it also differs depending on account types and asset classes. Just take the commission on forex as an example, the Standard account has a commission of $10, while the other five account types have a commission of $18, $9, $25, $8 and $7 respectively.
Trading Platform Available
The platform available for trading at AZ Capital is one of the most notable and preferred trading platforms the market offers - MetaTrader5. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Deposit & Withdrawal
The minimum initial deposit requirement with AZ Capital is said to be $100. However, the broker says nothing about the acceptable deposit and withdrawal methods.
AZ Capitals customer support can be reached by telephone: +998 71 253 02 06, email: email@example.com or send messages online to get in touch. Also, you can follow this broker on some social networks such as Twitter, Facebook and Instagram. Company address: 3B Mukimi str, Yakkasaray district, Tashkent, Uzbekistan, 109,000.
Pros & Cons
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
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