Company Summary
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WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
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LINE FX , Anzo Capital Broker Comparison
Do you want to know which is the better broker between LINE FX and Anzo Capital ?
In the table below, you can compare the features of LINE FX , Anzo Capital side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Benchmark
- Account Information
- Relevant information
- Rating
- Basic Information
- Benchmark
- Account Information
- Relevant information
2 brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Official website
Basic Information
Established(years)
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed(ms)
The highest transaction speed(ms)
The highest speed of opening positions(ms)
The highest speed of closing position(ms)
Slowest transaction speed(ms)
The lowest speed of opening positions
(ms)
The lowest speed of closing position(ms)
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
- Average transaction cost (USD/Lot)
Rollover Cost
Rollover cost rating
- Average Rollover Cost (USD/Lot)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time(ms)
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
Pin on the left
7.74
Regulated
No guarantee
--
--
5-10 years
FSA
Not supported
Not supported
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Pin on the left
6.93
Regulated
No guarantee
--
--
5-10 years
FCA,ASIC
Supported
Supported
Wire Transfer,Neteller,Skrill
AA
AAA
261.2
78
78
78
1657
952
1657
AA
6
-1
6
A
EURUSD：15.5
XAUUSD：29.45
A
EURUSD： -6.35 ~ 2.66
XAUUSD： -36.21 ~ 21.35
AA
0.1
9.9
STP,ECN
Currency pairs, precious metals, energy, indices, US and HK stocks
--
1:500
From 1.4
50.00
Floating
0.01
--
Score
Regulatory Status
Regulated
Regulated
Anzo Capital BrokerRelevant information
BrokerRelevant exposure
Which broker is more reliable?
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 line-fx, 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:
Forex broker introduction
line-fx
| LINE FXReview Summary | |
| Founded | 2018 |
| Registered Country/Region | Japan |
| Regulation | FSA |
| Market Instruments | Currency pairs |
| Demo Account | / |
| Leverage | / |
| EUR/USD Spread | From 0.3 pips |
| Trading Platform | LINE FX APP, LINE FX Pro |
| Min Deposit | / |
| Customer Support | AI Chat, Contact form |
LINE FX was registered in 2018 in Japan, which specializes in forex trading. It uses its own trading platforms, and does not support MT4 or MT5. Moreover, it is regulated by the Financial Services Agency (FSA) in Japan. However, it does not reveal much information about account details.
Pros and Cons
| Pros | Cons |
| Regulated by FSA | Only forex trading |
| Promotions provided | Limited info on trading conditions |
| No MT4 or MT5 | |
| Limited payment options | |
| Limited contact channel |
Is LINE FX Legit?
Yes, LINE FX is regulated by the Financial Services Agency (FSA) in Japan.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Financial Services Agency (FSA) | Regulated | Japan | Retail Forex License | 関東財務局長（金商）第3144号 |
WikiFX Field Survey
WikiFX field survey team visited LINE FX's regulatory address in Japan, and we found its physical office.
Spread
For the EUR/USD pair, the spread can be as low as 0.3 pips.
Trading Platform
LINE FX uses 2 trading platforms, including LINE FX APP and LINE FX Pro, and it does not support MT4 or MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| LINE FX APP | ✔ | Mobile | / |
| LINE FX Pro | ✔ | PC | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
As for deposit options, customers can choose Quick Deposit or Bank Transfer Deposit. However, other details, such as the processing time, fees, and minimum deposit or withdrawal, are not clear.
anzo-capital
| Anzo Capital Review Summary | |
| Founded | 2015 |
| Registered Country/Region | United Kingdom |
| Regulation | FCA, ASIC |
| Market Instruments | Forex pairs, Commodities and CFDs |
| Demo Account | ✅(30 days with $100,000 in virtual funds) |
| Leverage | 1:1000 |
| Spread | Floating |
| Trading Platform | MT4/5 |
| Min Deposit | $100 |
| Customer Support | Live chat |
| Regional Restrictions | US, Japan |
Founded in 2015, Anzo Capital is a financial brokerage registered in the United Kingdom. It offers access to a wide range of products, including forex pairs, commodities, and CFDs. The company provides risk-free demo accounts and two types of live accounts with a minimum deposit requirement of $100 and a maximum leverage ratio of 1:1000. Additionally, Anzo Capital holds regulatory licenses from the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).
Pros and Cons
| Pros | Cons |
| Regulated by FCA and ASIC | Single payment option |
| Various trading choices | US and Japan clients are not accepted |
| Demo accounts | |
| Commission-free accounts offered | |
| MT4 and MT5 platforms | |
| No fees for deposits and withdrawals | |
| Live chat support |
Is Anzo Capital Legit?
Yes, Anzo Capital is a legitimate broker holding two regulatory licenses. It possesses a Financial Services license issued by the Financial Conduct Authority (FCA) with the number 739550. Additionally, it holds a Financial Services license issued by the Australian Securities & Investments Commission (ASIC) numbered 362215.
| Regulated Country | Current Status | Regulated Authority | Regulated Entity | License Type | License Number |
 | Regulated | Financial Conduct Authority (FCA) | ANZOGLOBAL LLP | Financial Service | 739550 |
| Regulated Country | Current Status | Regulated Authority | Regulated Entity | License Type | License Number |
 | Regulated | Australia Securities & Investment Commission (ASIC) | ANZO CAPITAL (AUST) PTY LTD | Financial Service | 362215 |
What Can I Trade on Anzo Capital?
On Anzo Capital, you can access these tradable instruments: Forex pairs (AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/CHF, CAD/JPY, ...), precious metals (gold, silver, ...), Crude Oil CFDs (WTI Crude Oil Spot and Brent Crude Oil Spot), Index CFDs (Australian ASX200 Index, Dow Jones Industrial Average, Euro STOXX 50 Index, FTSE 100 Index, ...), and Stock CFDs (AIA Group Ltd -1299.HK, Alibaba Group Holding Ltd - BABA, Alphabet Inc - GOOGL/GOOG-A).
| Tradable Instruments | Supported |
| Forex | ✔ |
| Precious metals | ❌ |
| Crude oil CFDs | ❌ |
| Index CFDs | ❌ |
| Stock CFDs | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Anzo Capital offers two types of live accounts: ECN and STP. Both accounts have a minimum deposit requirement of $100and a maximum leverage of 1:1000.
Additionally, Anzo Capital provides a demo account, which offers a certain amount of virtual funds for free, allowing you to adapt to the investment market and reduce risks when making real investments.
How to Open an Account on Anzo Capital?
The procedures to open an account on Anzo Capital are not easy. You need to complete the following steps.
Step 1: First, you need to enter your personal information, including your name, email, phone number, and set a password.
Step 2: Then, you need to provide some additional information and configure your account by selecting your preferred account type, leverage, trading account currency, and trading platform, and setting a transaction password.
Step 3: Finally, you need to verify your identity by uploading a copy of your Chinese ID card.
Leverage
The maximum leverage offered by Anzo Capital is limited to 1:1000 for both account types, which is considered quite high and poses a significant risk. However, when registering your account, you can choose a suitable leverage level, with the minimum being as low as 1:10.
Spread and Commission
The spreads are influenced by market conditions, so the spreads offered by Anzo Capital are floating for both account types. However, in terms of commissions, the STP account is free, whereas the ECN account charges $4 or an equivalent amount.
| Account Type | Spread | Commission |
| STP | Floating | ❌ |
| ECN | $4 or equivalent |
Trading Platform
On its website, Anzo Capital primarily displays information related to the MT4 platform, offering it in various versions such as desktop, web, and mobile. However, upon registering an account, we discovered that there is also an option to select MT5 as the trading platform. Therefore, at Anzo Capital, you have the choice to enjoy the benefits of two of the world's leading trading platforms.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web and Mobile | Beginners |
| MT5 | ✔ | Web and Mobile | Experienced traders |
Deposit and Withdrawal
There is only one way to make a deposit and withdrawal on Anzo Capital, which is through bank transfer, and they only accept CNY.
The minimum deposit amount is 3,000 CNY, and the minimum withdrawal amount is $150.
Fortunately, they do not charge fees for deposits and withdrawals.
Are the transaction costs and expenses of line-fx, anzo-capital lower?
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 line-fx and anzo-capital are, we first considered common fees for standard accounts. On line-fx, the average spread for the EUR/USD currency pair is -- pips, while on anzo-capital the spread is From 1.4.
Which broker between line-fx, anzo-capital is safer?
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.
line-fx is regulated by FSA. anzo-capital is regulated by FCA,ASIC.
Which broker between line-fx, anzo-capital provides better trading platform?
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.
line-fx provides trading platform including -- 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.