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INZO -

Score

4.44 /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

B

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Comparison

Quantity 9

Exposure

Open Account
Website

Score

Regulatory Index3.92

Business Index6.58

Risk Management Index0.00

Software Index8.22

License Index3.92

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

X

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YouTube

Company summary

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 2
Previous Detection : 2025-05-08
  • 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!

BollinguerBand
2024-08-27 05:16
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... 

Banglapips
2024-06-26 13:49
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.

BollinguerBand
2024-07-10 08:39
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.

FX4255247862
2024-06-06 13:13
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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User comment

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Comments

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FX1092453269
more than one year
Report it! False propaganda! The spread was much higher than they advertised! And the so-called deposit bonus can not be withdrawn at all, they will just say that this is their money, and I am not eligible to withdraw the bonus. Honestly, I wouldn't have invested in their platform if it weren't for their deposit bonus. I will never trust them again!
Report it! False propaganda! The spread was much higher than they advertised! And the so-called deposit bonus can not be withdrawn at all, they will just say that this is their money, and I am not eligible to withdraw the bonus. Honestly, I wouldn't have invested in their platform if it weren't for their deposit bonus. I will never trust them again!
Translate to English
2022-12-02 14:20
Reply
0
8
FX4710432222
0-3months
شركة جيدة ولها ضوابط ونظام جيد وتتميز بالانضباط وتحقيق أقصى درجات النمو ومساعدة الشركاء معها وهى تعطى بونص ترحيبى وسهلة وسلسة فى الإيداع والسحب وبها خدمة عملاء جيدين يحرصون على تنمية شركتهم وخدمة شركائهم شركة ووسيط فى المجمل جيد جداً
شركة جيدة ولها ضوابط ونظام جيد وتتميز بالانضباط وتحقيق أقصى درجات النمو ومساعدة الشركاء معها وهى تعطى بونص ترحيبى وسهلة وسلسة فى الإيداع والسحب وبها خدمة عملاء جيدين يحرصون على تنمية شركتهم وخدمة شركائهم شركة ووسيط فى المجمل جيد جداً
Translate to English
2025-03-21 04:07
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