Penzo Limited -Overview of Minimum Deposit, Leverage, Spreads
Extrait：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.
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