Penzo Limited -Overview of Minimum Deposit, Leverage, Spreads

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

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

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?

Leverage

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

Trading Platform

Deposit and Withdrawal

Penzo only supports crypto-wallets and bank transfers.