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INZO -

Score

4.46 /10
Average

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

Influence

C

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Comparison

Quantity 9

Exposure

Open Account
Website

Score

Regulatory Index3.92

Business Index6.61

Risk Management Index0.00

Software Index8.34

License Index3.92

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

INZO L.L.C

Company Abbreviation

INZO

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Company summary

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 2
Previous Detection : 2025-06-05
  • 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!
  • The Seychelles FSA regulation with license number: SD163 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Exposure

9 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

i cant withdraw

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

2024-08-27 05:16
Scam

PURE LIE SCAM BROKER

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!!!!

2024-06-06 10:48
Scam

The broker closed my trades and changed pairs, spreads, leverage...

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.

2024-07-10 08:39
Unable to Withdraw

SCAM FRAUD BROKER

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... 

2024-06-26 13:49
Resolved

SCAM BROKER

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

2024-04-06 05:47
Scam

FRAUD ALERT!!!!!!

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.

2024-06-06 10:51
Unable to Withdraw

Warning: Beware of Deceptive Practices of Brokers!

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.

2024-06-06 13:13
Unable to Withdraw

Broker Betrayal: Zero-Star Review Exposes Shocking Scam Tactics and Abusive Practices

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.

2024-06-06 12:21
Resolved

BIG SCAM

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

2024-04-06 05:53
    INZO · 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
    MT5✔PC, web, mobile, macExperienced traders
    cTrader✔PC, 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

    News

    ExposureInzo LLC Exposed: Manipulations and Withdrawal Blocks

    Tayko, a 31-year-old investor from Egypt, recently fell victim to what he describes as a manipulative scheme orchestrated by Inzo LLC.

    WikiFX
    2024-07-05 16:47
    Inzo LLC Exposed: Manipulations and Withdrawal Blocks

    ExposureWikiFX Review: Is it okay to invest in INZO?

    Founded in 2021, INZO is a forex and CFD broker based in Saint Vincent and the Grenadines. The company is registered as INZO L.L.C and provides trading services to traders worldwide.

    WikiFX
    2023-09-08 16:46
    WikiFX Review: Is it okay to invest in INZO?
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    موسوي
    6-12months
    لقد انشأت حساب لديهم وأرسل وثائقي لكن لم يردوا علي ولم يوثقوني
    لقد انشأت حساب لديهم وأرسل وثائقي لكن لم يردوا علي ولم يوثقوني
    Translate to English
    2025-05-18 22:06
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    Tydfgw
    6-12months
    I've been exploring for a long time, and I do find this service helpful, especially for beginners like me. Besides, its 24/6 live chat service also helps me a lot, since I can find a solution whenever I encounter trading problems.
    I've been exploring for a long time, and I do find this service helpful, especially for beginners like me. Besides, its 24/6 live chat service also helps me a lot, since I can find a solution whenever I encounter trading problems.
    Translate to English
    2025-05-09 16:05
    Reply
    0
    0
    9