The Official Website Of Penzo Limited Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only .
General Information
Penzo Is Registered In Hong Kong And Is Not Regulated. It Offers Trading In Forex, Precious Metals, Energy, Cryptocurrencies And Indices Through The MT5 Platform With Leverage Up To 1:200 And Spreads Starting From 0.1 Pip.
Pros And Cons
Pros: Multiple Tradable Assets, Flexible Leverage, Support For MT5
Cons: Unaccessible Websites, Unregulated Status, State Zone Restrictions, Limited Payment Options
Leverage
Penzo Offers Leverage From 1:100 To 1:200, Which May Bring High Returns, But Also Comes With High Risks.
Deposits And Withdrawals
Penzo Only Supports Crypto Wallets And Bank Transfers.
2022-05-26 We Have Reviewed And Confirmed That Penzo Is An Unregulated Forex Broker
We Found That Penzo Is Not Regulated By Any Financial Regulator. This Means That Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Laws. Therefore, It Is A Fake Trader.
2022-05-26 BrokersView Found That The Penzo Webpage Is Invalid
We Found That Http://pen-zo.com/en/This Domain Name Is Invalid, It Is Very Likely That The Domain Name Has Been Suspended, Which Is A Bad Sign.
2022-07-11 We Found That Penzo Is Using A New Domain Name
We Found That FSDS Global Is Using The New Domain Name "https://penzolead.com/en/index" For Fraud.
