Decent execution and a smooth start, but fees info could be clearer

Name: Decent execution and a smooth start, but fees info could be clearer
Item: Anzo
Rating: 4
Author: Kavya Reddy

I’m Kavya Reddy from Kolkata, and I’ve been trading on Anzo for the last 6 months on a Standard account. On the trading side, execution has felt consistent for my intraday EURUSD and XAUUSD setups, and I haven’t seen weird platform freezes during London/NY overlap. Spreads are generally okay for my style, though they do widen around high-impact news (which I expected). Deposits went through without drama using my usual payment method, but I’d like more upfront clarity in the client area about any third‑party/processing fees before confirming. Withdrawals worked, but the status updates were a bit vague (it showed “processing” for longer than I expected, then completed). Support was polite and did resolve my account question, but I had to follow up once to get the final confirmation. Overall it’s been a solid experience, and I’d keep using it, just hoping for more transparent fee breakdowns and clearer withdrawal progress notifications.

Experience: 6 months
Country: India
Account type: Standard
Deposit experience: 4/5
Withdrawal experience: 3/5
Support rating: 4/5

More reviews of Anzo

Neha KulkarniUnverified

6 months

Decent execution, but the portal feels unfinished

I’m Neha from Pune and I opened an Anzo account mainly for intraday FX (EURUSD/GBPUSD) with some gold scalps. Execution on market orders felt mostly fine and I didn’t notice anything obviously strange with fills during normal liquidity hours. Spreads were acceptable on my Standard account, but the overall client portal experience felt a bit clunky—especially when trying to find past deposit receipts and trade reports quickly. Deposit went through without drama, but the withdrawal process wasn’t as smooth as I expected. My first withdrawal took longer than the timeline I had in my head, and I had to double-check the status a couple of times. Support did reply, but the answers were a little generic and I had to ask follow-up questions to get a clear update. Overall: tradable conditions, but the back-office and communication could be tighter.

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Arjun PatelUnverified

6 weeks

Decent execution, but the onboarding felt clunky

I’m Arjun from Mumbai and I opened a Standard account mainly to test execution on EURUSD and XAUUSD during London hours. Spreads were mostly acceptable and the platform stayed stable for my basic day trades. The problem was the overall onboarding experience: the verification steps weren’t clearly explained, and I had to redo one document upload because the portal didn’t flag what was wrong. Deposits worked, but the available methods for INR felt limited for my situation, so I ended up using a card deposit. Support eventually clarified things, but responses were a bit slow when I asked about account status. Overall it’s usable, just not as smooth as I expected for a first-time setup.

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Youssef Al-FarsiUnverified

6 months

Mixed withdrawal timeline at Anzo

Trading conditions at Anzo were acceptable, but one withdrawal took longer than expected. Eventually received funds after additional verification.

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Mariam QureshiUnverified

6 months

Solid execution for my day trades, onboarding a bit slow

I’m Mariam from Abu Dhabi and I’ve been using ANZO for about 6 months on a Standard account. Overall the trading experience is good: orders on majors (EUR/USD, GBP/USD) usually fill quickly and I haven’t noticed anything strange with pricing during normal sessions. What I liked: the platform connection has been stable for me, and my basic risk management (SL/TP) works as expected. Spreads feel competitive most of the time, although they widen a bit around high-impact news (which I expected). What I didn’t like: the initial onboarding/KYC took longer than I thought and I had to re-upload one document because the first upload wasn’t clear enough. Support was polite and did reply, but not instantly. Deposits were straightforward through my card/bank option, but withdrawals took a little longer than I prefer—still arrived, just not as fast as some other brokers I’ve tried. Not perfect, but reliable enough that I’m keeping it as one of my secondary accounts.

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Decent execution and a smooth start, but fees info could be clearer