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/10
The WikiFX Score of this broker is reduced because of too many complaints!

INZO

Saint Vincent and the Grenadines | 2-5 years |
Regulated in Seychelles | Retail Forex License | MT5 Full License | High potential risk | Offshore Regulated

https://inzo.co/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

Inzo-Demo

United Kingdom
MT5
4

Influence

B

Influence index NO.1

Algeria 3.88
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

Full License

4
Server Name
Inzo-Demo MT5
Server Location United Kingdom

Influence

Influence

B

Influence index NO.1

Algeria 3.88
Surpassed 44.40% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+44 2045871836
support@inzo.co
https://inzo.co/
Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, ​St. Vincent and Grenadines .

Licenses

Licensed Entity:INZO GROUP LTD

License No. SD163

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

WikiFX Risk Alerts
2025-04-30
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
2

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
2-5 years
Company Name
INZO L.L.C
Abbreviation
INZO
Company employee
--
Customer Service Email Address
support@inzo.co
Contact Number
+442045871836
Company Website
Company address
Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, ​St. Vincent and Grenadines .
Keywords 6
2-5 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
High potential risk
Offshore Regulated

BollinguerBand

Portugal

broker demand a video conference in English and don't withdraw my money. Lies after lies. A scam!

Exposure

2024-08-27

BollinguerBand

United States

This is the most terrible broker i have ever seen. i have been trading for the past 10 years and Inzo is the top scammer! You open the account the leverage is 1:100, and they say after deposit they will increase to 1:500, it happens after deposit they change to 1:20, after speaking on live chat they say its their terms and conditions. After a month trading i deposit more money and they changed the pairs, speads, leverage without any notice and i had trades open which i could not close. I went to live chat and after discussion it took them 3 days to put back the pairs to normal. After a few weeks i had orders opened and Inzo closed them changed pairs and leverage AGAIN without my authorization. They claim is they new policy and rules. Stay away from that scam. I never saw such bad practices as Inzo.

Exposure

2024-07-10

Banglapips

United Kingdom

Broker manipulation on spreads and orders, they changed pairs suddenly without sending any notification. I asked on live chat why and they were given the most stupid excuses and lies, they lie all the time.. BIG SCAM, now I can't withdraw my money, with the account verified they asked me for a video selfie 2 times and kept rejecting my withdrawal... 

Exposure

2024-06-26

FX4255247862

France

I want to share a preemptive story about a recent experience I had with a brokerage firm. After depositing my hard-earned money and actively trading for a month, I found myself in a nightmare situation. The broker suddenly accused me of submitting false documents and refused to release my funds. Despite having provided all the necessary verifications beforehand, they claimed that my documents were falsified or insufficient. This accusation came like a bolt from the blue, leaving me shocked and frustrated. Not only did they withhold my funds, but they also tarnished my reputation by insinuating fraudulent behavior. This is clearly a case of a bad broker exploiting loopholes to avoid meeting their financial obligations. My advice to other investors: be extremely careful and research any brokerage firm thoroughly before entrusting them with your money. Don't fall victim to deceptive practices like this.

Exposure

2024-06-06

FX3859256402

Portugal

I would give them zero stars. While I was trading, they changed my leverage from 1:500 to 1:20 without any prior notice or warning. When I inquired about this sudden change via live chat, they cited regulatory reasons, although their registration in SVG does not mandate such a change. This appears to be a significant scam in the market. When I decided to withdraw my funds, they requested a video selfie multiple times, which I provided, yet they repeatedly declined it. They then demanded a video conference on Google. Despite my acceptance, I had to wait for five of their staff to join the call and repeatedly requested to show my ID. This behavior is highly abusive and abnormal for a broker. Therefore, I rated them as zero stars and advise others to stay away from them.

Exposure

2024-06-06

MrTrader

United States

I’ve had a series of frustrating experiences with Inzo LLC, encountering numerous issues with their brokerage services. It all began with the verification process, during which they repeatedly denied my ID, claiming it wasn’t valid. Despite investing considerable time in live chat support to rectify this, the ordeal continued when they arbitrarily altered the leverage on my account. Initially advertised as 1:500 in accordance with their terms and conditions, they arbitrarily reduced it to 1:30, citing supposed regulatory requirements for clients in South America. However, I later discovered this to be false. After futile attempts to resolve the leverage discrepancy, I proceeded to trade XAUUSD with a standard MT5 account. Yet, last week, I encountered another setback when none of the 125 available pairs, including XAUUSD, were accessible for trading on my MT5 platform. Following their advice, I created a new client profile with a different email, only to find that all pairs were functioning smoothly on the new standard account. However, upon depositing funds, they drastically reduced the available pairs to just 35, while also increasing spreads and introducing significant slippage. Upon querying this sudden change, I was informed that it was due to a purported regulation requirement, another lye. Frustrated and feeling misled, I reached out to CEO Olga Lampadaridou directly, seeking resolution for the ongoing issues. It’s evident that Inzo LLC has been deceptive, falsely attributing changes to regulatory compliance and violating their own terms and conditions. Their website’s promises of specific trading conditions proved to be misleading, as they promptly altered them upon my deposit.

Exposure

2024-06-06

FiboMen

Portugal

This is the worst broker i ever traded!! With 1 week trading on this broker, without a notice they have changed the pairs that i was trading with different spreads and big slippage on my orders. Pairs that are not described in their website, either on their demo accounts. Upon opening a new standard account it came with the normal pairs but right after deposit they changed again the pairs! Besides that they also changed the leverage from 1:500 to 1:20 without a notice. After confronting them on live chat, they were lying about everything. This big scammers are a pure Lie! Mention that is on their terms and conditions, which is not true. Live chat is useless with people to answer you without any knowledge! THis broker i will give zero starts!!!! Ohh and after you have been fully verified they also demand that you do a video verification which they claim is on terms and conditions(another lie). STAY AWAY OF THIS SCHEME!!!!

Exposure

2024-06-06

Mr. Rolex

Portugal

I have been verified on this broker, and traded for several weeks. Upon requesting the withdraw the problems arrived, requesting more and more verifications not mentioned before either not in our contract or terms and conditions. It past 4 days and no emails response just a live chat poor response. Stay away of this scam!!!! SCAMMMM

Exposure

2024-04-06

Mr. Rolex

Portugal

I can't withdraw my money! every time they want something new, first a selfie then a meeting and this sounds very fishy. STAY AWAY of this scam

Exposure

2024-04-06

Tran9

United States

the only way i was able to retieve was by getting in touch with rapid responder .but Correspondingly slow

Neutral

2024-09-08

Zerker

Singapore

INZO offers a variety of account types to suit different traders' needs and preferences. However, their selection of trading assets is somewhat limited compared to other brokers.

Neutral

2024-07-17

FX4710432222

Egypt

A good company with good controls and a good system, characterized by discipline and achieving maximum growth. It helps its partners and offers a welcome bonus. It is easy and smooth in deposit and withdrawal, and has good customer service who are committed to developing their company and serving their partners. Overall, it is a very good company and broker.

Positive

03-21

FX1924921592

Egypt

INZO is a great choice for traders looking for a professional trading environment and advanced platforms. With a variety of accounts, excellent technical support, and powerful analysis tools, traders can achieve the best results and safely and effectively take advantage of market opportunities.

Positive

03-13

Ali245

Algeria

best broker i have ever worked with

Positive

2024-11-08

FX4116203542

Egypt

inzo is a strong brokerage company with a powerful support team available throughout the week. It offers fast deposit and withdrawal services.

Positive

2024-11-08

hammoud

United Kingdom

My experience with Enzo Financial Brokerage has been exceptional. Our friendly and responsive support team is always there to help me every step of the way. They gave me all the tools and resources I needed to make informed investment decisions

Positive

2024-11-07

Steve Wong

Singapore

I am based in Asia and attemped many brokers from local to international. I came accross this broker on Facebook and decided to opened up a standard account with $200. After 4 months, I made some withdrawals and this broker is reliable, no hassles with my withdrawal and deposit ofc. Quick support and swift payout processing but you won't find many advanced things here, only good spread and MT5 platform trading.

Positive

2024-04-30

Apr.Li

Indonesia

I am a seasoned participant of the financial markets and have recently explored the potential of INZO. Their vast array of market instruments ranging from forex, energy, to indices, and cryptocurrencies diversifies the platform's trading spectrum, presenting rewarding potential for discerning traders. With trading platforms spanning MT5 and cTrader, they offer a comprehensive package for easy and efficient trading. Plus, their spread is quite competitive, but there are commissions on certain account types.

Positive

2023-12-01

1233294

Cyprus

Esteemed colleagues in the trading world, I bring forth my journey with INZO. I approached this platform drawn by their variety of account types including Mini, Standard, Zero, and VIP to name a few. INZO allowed me a low entry point with its minimum deposit of $50, which I found quite accommodative. Its maximum leverage of 1:500 certainly dangles a carrot for high reward seeking traders, given that it does come with its own share of escalated risks. Adding to its appeal are the numerous market instruments available – Forex, Energy, Cryptocurrencies, and more. I operated on both the MT5 and cTrader platforms, which made my trading experience quite efficient owing to their user-friendly and feature-rich offerings.

Positive

2023-11-30

Ali al ibrahim

Lebanon

The customer service employees at Enzo are people who are quick to help us at any time and without hesitation, and this makes our dealings with Enzo stronger and stronger. We say to all of you, thank you very much for the customer service and service of Enzo 🌹🌹🌹🌹

Positive

2023-11-10

57
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Official website

Website

  • inzo.co

    Server Location

    Singapore

    Website Domain Name

    inzo.co

    Server IP

    184.168.97.42

Genealogy

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Relevant Enterprises

Company Summary

INZO Review Summary
Founded2021
Registered Country/RegionSaint Vincent and the Grenadines
RegulationFSA (offshore)
Market InstrumentsForex, Indexes, Metals, Energy, Stocks, Cryptos
Demo Account
LeverageUp to 1:500
SpreadFrom 0.8 pips (Standard Account)
From 0.0 pips (Zero Account, INZO Vip Account)
Trading PlatformMT5, cTrader
Copy Trading
Minimum Deposit$50
Customer Support24/6 live chat
Tel: +442081575734
Email: support@inzo.co
Social media: Instagram, YouTube, Twitter, Facebook
Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines

INZO was registered in 2021 in Saint Vincent and the Grenadines. It focuses on forex, indexes, metals, energy, stocks, and cryptos trading. More importantly, it provides 6 types of accounts, with a minimum deposit of $50 and a maximum leverage of 1:500. Besides, various channels of customer support enable clients to reach out for help when encountering trading qustions. However, it should be noted that INZO is offshore regulated, which means potential risks may exist.

INZO's homepage

Pros and Cons

Pros Cons
Low minimum depositOffshore regulation risks
Copy trading servicesCommission fees charged
Demo accounts and Islamic accounts
Popular payment options
Multiple channels for customer support
MT5 and cTrader offered
Various market instruments
Promotion and bonus offered

Is INZO Legit?

INZO is offshore regulated by the Seychelles Financial Services Authority (FSA), which means potential risks are likely to exist. Please be aware of the risks it may pose.

Regulated AuthorityCurrent StatusLicensed EntityRegulated CountryLicense TypeLicense No.
The Seychelles Financial Services Authority (FSA)Offshore RegulatedINZO GROUP LTDSeychellesRetail Forex LicenseSD163
Offshore regulated by FSA

What Can I Trade on INZO?

INZO offers trading services on forex, indexes, metals, energy, stocks, and cryptos.

Tradable Instruments Supported
Forex
Indexes
Stocks
Metals
Energy
Cryptos
Bonds
Options
ETFs
What Can I Trade on INZO?

Account Type

INZO provides 6 types of accounts, including Standard, Zero, INZO Vip, Stocks, Crypto, and Zero Standard Account. Besides, demo accounts and Islamic accounts are also available.

Account TypeMinimum DepositMaximum LeverageSwap-Free Islamic Account
Standard$1001:500
Zero$5,0001:200
INZO Vip$50,0001:50
Stocks$5001:20
Crypto$501:100
Zero Standard$501:500
Account comparison 1
Account comparison

Leverage

The leverage ranges from 1:20 to 1:500. Careful considerations are recommended, since high leverage is likely to bring high potential risks.

INZO Fees

INZO charges certain amount of fees according to the types of accounts.

Account TypeSpreadCommission
StandardFrom 0.8 pips
ZeroFrom 0.0 pips$8 per lot
INZO VipFrom 0.0 pips$4 per lot
StocksFrom 5.00 points
CryptoRaw Liquidity Provider SpreadFrom $0.08
Zero StandardFrom 0.0 pipsFrom $0.08

Trading Platform

INZO supports MT5 and cTrader, which are commonly used trading platforms.

Trading PlatformSupported Available Devices Suitable for
MT5PC, web, mobile, macExperienced traders
cTraderPC, web, mobile, mac/
MT4//
Trading Platform

Deposit and Withdrawal

INZO accepts different types of deposit and withdrawal methods, including VISA, Bitcoin, Ethereum, Tether, Payeer, Voucherry, and MasterCard. However, other details such as the processing time and fees are not revealed.

Deposit and Withdrawal

Copy Trading & Promotion

INZO provides copy trading service, where customers can learn from the top traders. Besides, promotion activities are available. A $30 welcome bonus and 30% deposit bonus are offered.

Copy Trading
Promotion

Keywords

  • 2-5 years
  • Regulated in Seychelles
  • Retail Forex License
  • MT5 Full License
  • High potential risk
  • Offshore Regulated

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