Ikhtisar: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 | Cons |
Various tradable assets | Unavailable website |
Flexible leverage ratios | Unregulated status |
Support MT5 | Regional restrictions |
Limited payment options |
No, Penzo is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
Tradable Instruments | Supported |
Forex | ✔ |
Precious metals | ✔ |
Energy | ✔ |
Cryptocurrencies | ✔ |
Indices | ✔ |
Stocks | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Penzo offers leveragefrom 1:100 to 1:200,which can potentially bring high returns, but it also comes with high risks.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | / | Experienced traders |
MT4 | ❌ | / | Beginners |
Penzo only supports crypto-wallets and bank transfers.
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