Brokers Alerts lists INZO under Scam Warning. In early October 2026, our team asked INZO to pay out $250 from a funded live account. Ten days on, that money has not landed, even though the broker advertises crypto and P2P payouts completed in 1 to 10 minutes.
Last updated: Oct 12, 2026 · Reviewed whenever new reports are filed or regulatory status changes
Inzo Review
Composite Score
Automatic Scam Warning: Knockout Rule
Withdrawal Reliability sub-score of 1 is at or below the 3 automatic knockout floor
For reference, the underlying composite score is 3.4 / 10: the knockout rule overrides the composite regardless of the overall number.
About Inzo
The company describes itself as a forex and CFD broker launched in 2021. Three legal entities appear in its website footer. INZO L.L.C is a limited liability company in St. Vincent and the Grenadines (registration 967 LLC 2021), with an office at Griffith Corporate Centre in Kingstown. INZO Group LTD is a Seychelles company (registration 8434998-1). The third reference is a brokerage authorization from the island of Mohéli, in the Comoros. The About page adds an office in Nicosia, Cyprus, and servers in Dubai, London, Hong Kong, and Amsterdam. Most of the marketing targets Arabic-speaking traders. Local payment options cover Saudi Arabia, Iraq, Syria, Egypt, Algeria, Lebanon, and Yemen. The company’s own client figures shift from page to page, too. The homepage cites 450,000+ traders, while the About page claims more than one million active accounts by 2025. INZO does not accept residents of the USA, Canada, China, Turkey, Iran, Myanmar, or North Korea.
Regulation Status
INZO lists three jurisdictions. Each one offers a very different level of protection. The strongest of the three is the Seychelles license. The Financial Services Authority lists INZO Group LTD as a securities dealer at IMAD Complex, Ile du Port. That is genuine oversight, but it is offshore oversight, with no investor compensation fund behind it. More importantly, the company’s own footer says the Seychelles entity is mentioned “for transparency, reflecting the broader group structure.” In other words, the website doesn’t confirm that retail clients actually contract with the regulated Seychelles company.
The St. Vincent company sits first in the footer, and that matters. The St. Vincent and the Grenadines FSA has stated publicly that it does not license forex brokerage, so an SVG company that offers forex trading does so without a license from that jurisdiction. Registration there is a company filing, not financial supervision.
The Comoros authorization comes from the Mwali International Services Authority, an island-level body on Mohéli rather than the national central bank. It carries no client compensation scheme either. For traders, the practical question is simple. If a payout goes wrong, which regulator would handle your complaint? The broker’s documents leave that unclear. Our guide to Seychelles broker regulation covers what an FSA license can and can’t do for you.
License Verification
- FSA (Seychelles) — SD163 Verify with FSA →
Account Types & Trading Conditions
| Account | Min. Deposit | Max. Leverage | Spread | Commission |
|---|---|---|---|---|
| Mini | $50 | 1:500 | 0.8 pips | $0 |
| Zero Standard | $50 | 1:500 | 0.0 pips | From $0.08 |
| Crypto | $50 | 1:100 | Raw liquidity provider pricing | From $0.085 |
| Standard | $100 | 1:500 | 0.8 pips | $0 |
| Stocks | $500 | 1:20 | 5.0 pips | $0 |
| Zero | $5,000 | 1:200 | 0.0 pips | $8 per lot |
| INZO VIP | $50,000 | 1:50 | 0.0 pips | $4 per lot |
A margin call hits at 100% margin usage, while the stop-out kicks in at 20%. Several pricing details don't add up. The account table leaves the swap-free, STP, and automated trading columns blank for every tier. Meanwhile, the Market Access Costs page quotes $10 per lot on forex, then runs a worked example for a "Raw Spread" account at $3.50 per side, an account that appears nowhere in the list above. Leverage is also less fixed than the table suggests. The Trading Terms allow leverage changes at any time "based on market conditions and the performance of the trading account." A trader who opens at 1:500 has no contractual guarantee of keeping it. Two promotions shape the Standard account. The $30 welcome bonus is limited to residents of eligible Arab countries under 50, one per family. The $30 itself can't be withdrawn, profits from it unlock only at $70, and the company takes the $30 back once those profits leave the account. The 30% deposit bonus adds credit on every deposit up to $20,000, capped at $6,000 per account. It isn't available in Egypt, Jordan, Palestine, Algeria, Sudan, or Lebanon. Every withdrawal also cancels bonus credit equal to 30% of the amount taken out.
Trading Platforms
Trading happens on MetaTrader 5 and cTrader, on Windows, Mac, iOS, and Android. Both well-known platforms support copy trading through a separate social portal, and the broker says its pricing is routed through liquidity aggregation software from OneZero and Centroid. We did not test execution quality in detail, since the withdrawal outcome settled the verdict first.
Tradeable Assets
The broker advertises 500+ instruments across forex, metals, shares, indices, commodities, and cryptocurrencies. What you can actually trade depends on the account. A Standard or Mini account reaches 77 symbols, while the Stocks account opens 235 and Zero Standard reaches 200.
Deposit & Withdrawal Methods
Deposits are easy and fast. The broker accepts Visa, Mastercard, USDT, Voucherry, Apple Pay, and Binance Pay, plus local channels across the Middle East and North Africa. Card and crypto deposits credit in under five seconds, which we can confirm.
The exit is narrower. Its withdrawal table lists only USDT, Ethereum, Tether, and P2P transfers, with no card or bank wire option. The Funds and Transfers terms add that card deposits are paid back in USDT. In practice, someone who funds with a Visa card has to receive the money as crypto. No fees are charged in either direction, according to the company. The same terms give the company wide room to hold money. It may reject withdrawal requests, decide which withdrawal method fits each deposit method, and it accepts no liability for processing delays. Repeated deposits and withdrawals without proportionate trading are also banned. Taken together, these clauses let the broker slow or redirect a payout with very little recourse for the client.
Customer Support
Live chat runs 24 hours a day, six days a week, and claims responses in under 10 seconds. You can also write to support@inzo.co, cs@inzo.co, or complaints@inzo.co, or phone +44 7462 369240. Its complaints policy promises resolution within 3 business days at most. We contacted them through all available channels and our withdrawal request hasn’t been addressed yet. We’ll update this INZO review once that changes.
Complaint History
As of October, 2026, Brokers Alerts has received no confirmed Report a Broker submissions about INZO. Monitoring opened with this review, so the Complaint Record score of 5.0 reflects too little data to judge, not a clean history. The result of our payout test feeds a different category, so it isn’t counted twice. If you’ve had trouble with INZO, your report goes straight into this record.
Withdrawal Test Notes
Early in October 2026, our team asked for $250 back from a funded live Zero Standard account. The broker’s payments page promises crypto and P2P withdrawals in 1 to 10 minutes. Ten days after the request, the $250 still had not reached us.
Official Domain
Verified official domain: inzo.co.
Fraud Pattern Checklist
- Withdrawal refusal: a $250 payout remained unpaid ten days after the request, against an advertised processing time of minutes.
- Unlicensed operation: the St. Vincent entity listed first in INZO's footer is registered in a jurisdiction whose regulator does not license forex brokerage.
Pros & Cons
Pros
- INZO Group LTD does appear on the Seychelles FSA's list of securities dealers.
- Trading runs on MetaTrader 5 and cTrader rather than an unknown in-house platform.
Cons
- A $250 withdrawal went unpaid for ten days, against a promise of minutes.
- No investor compensation scheme covers any of INZO's entities.
- The website doesn't say which entity clients contract with, and the St. Vincent company holds no forex license.
- Fee information conflicts across pages, including an account type that isn't offered.
- Card deposits come back as USDT, and no bank or card withdrawal route exists.
Where This Broker Falls Short
This broker's weakest area is Withdrawal Reliability, its lowest category score at 1 / 10.
Verdict
FAQ
Is INZO a legit broker?
INZO Group LTD holds an offshore securities dealer license in Seychelles (SD163), so part of the group is regulated. However, the website footer leads with a St. Vincent company that holds no forex license, and our $250 test withdrawal went unpaid for ten days.
Is INZO a scam?
We rate this broker a Scam Warning. The rating rests on our own failed withdrawal test and on unclear licensing for the entity clients deal with. It reflects our evidence, not a regulator’s or court’s finding.
How long do INZO withdrawals take?
The broker advertises 1 to 10 minutes for crypto and P2P payouts. Our $250 request was still outstanding after ten days.
Can I withdraw the INZO $30 bonus?
No. The $30 welcome bonus stays in the account. Profits earned with it become withdrawable at $70, and the $30 is removed once those profits are paid out. The bonus also disappears after 30 days without logging in.
Who owns INZO?
The website names three entities: INZO L.L.C in St. Vincent and the Grenadines, INZO Group LTD in Seychelles, and a brokerage authorized in Mohéli, Comoros. It doesn’t name the owners. The only executive mentioned is a CEO identified as “Ms. Olga.”
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