Penzo Limited -Overview of Minimum Deposit, Leverage, Spreads

Penzo | 2025-01-02 15:18

Abstract：Penzo is registered in Hong Kong and is not regulated. It offers trading in forex, precious metals, energy, cryptocurrencies and indices with leverage up to 1:200 and spread from 0.1 pips via the MT5 platform.

Note: Penzo's official website - https://penzo-trade.io is currently inaccessible normally.

Penzo Review Summary
Founded	2022
Registered Country/Region	Hong Kong
Regulation	Unregulated
Market Instruments	Forex, precious metals, energy, cryptocurrencies and indices
Demo Account	/
Leverage	1:100 - 1:200
Spread	From 0.1 pips
Trading Platform	MT5
Min Deposit	/
Customer Support	Live chat
	Email: support@penzolead.com
	Instagram, Facebook, and Twitter
	Address: RM12, 19/F, Ho King Comm Ctr, 2-16 Fayuen St, Mongkok, Kowloon, Hong Kong
Restricted Regions	The United States, Canada, United Kingdom, Iran, North Korea and Cuba

Penzo is registered in Hong Kong and is not regulated. It offers trading in forex, precious metals, energy, cryptocurrencies and indices with leverage up to 1:200 and spread from 0.1 pips via the MT5 platform.

Pros and Cons

Pros	Cons
Various tradable assets	Unavailable website
Flexible leverage ratios	Unregulated status
Support MT5	Regional restrictions
	Limited payment options

Is Penzo Legit?

No, Penzo is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

What Can I Trade on Penzo?

Tradable Instruments	Supported
Forex	✔
Precious metals	✔
Energy	✔
Cryptocurrencies	✔
Indices	✔
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Leverage

Penzo offers leveragefrom 1:100 to 1:200,which can potentially bring high returns, but it also comes with high risks.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	/	Experienced traders
MT4	❌	/	Beginners

Deposit and Withdrawal

Penzo only supports crypto-wallets and bank transfers.

Leverage Broker Currency Pair Dealer Forex trading Forex Broker forex pips Forex Currency pair leverage in forex forex market indices commodities MT5

Related broker

No Regulation

Penzo

Company name：Penzo Limited

Score

1.42

Website：https://penzo-trade.io

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.42

Plus500 Review 2025: Trusted CFD Broker with Top Features Unveiled

Plus500 Review 2025: Explore a trusted CFD trading platform with 2,800+ instruments, top-tier regulation, and user-friendly features. Ideal for beginners and pros.

Original 2025-05-15 12:20

‘Metherworld is the future’ Under Questions from Traders: Is it a Safe Bet?

Mether World, an unregulated broker claiming to be the future of trading and Web3 education, has come under scrutiny due to its lack of reliability and concerns from traders. Others are advised to choose other regulated alternatives over such platforms.

Original 2025-05-14 22:37

Gold Prices Rise After U.S.-China Tariff Deal and Lower Inflation

Gold prices climb to $3,246.95 after U.S.-China tariff truce and soft CPI data. Traders eye Fed rate cuts and trade talks for gold's next move. Insights for daily trading.

Original 2025-05-14 17:24

WikiFX Broker Assessment Series | WCG Markets: Is It Trustworthy?

In this article, we will conduct a comprehensive examination of WCG Markets, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.

Original 2025-05-14 16:54