BelleoFX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://belleofx.com/signup, about the company's legal and temporary regulatory information, the company's address Level 6, Ken Lee Building 20 Edith Cavell St Port Louis, Mauritius.
BelleoFX Forex Broker
Basic information
Mauritius
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
BelleoFX was founded by Belleo Markets in 2019 in Mauritius. It offers various trading assets, including Forex, stocks, indices and commodities with leverage up to 1:500 and spread from 1.2 pips on the Standard account through the MT5, BelleoFX Go, and WebTrader platforms. Demo accounts are available and the minimum deposit requirement to open a live account is just 10 USD. However, it is not regulated currently.
Pros and Cons
| Pros | Cons |
| Various trading assets | Not regulated |
| Demo accounts offered | No social/copy trading |
| Cent account offered | |
| Multiple account types | |
| Commission-free accounts | |
| Popular trading platform MT5 | |
| Low minimum deposit | |
| Multiple payment options | |
| Live chat support |
Is BelleoFX Legit?
No, JBelleoFX operates without regulation. Traders should be cautious because BelleoFX is not supervised by any financial authorities.
What Can I Trade on BelleoFX?
BelleoFX offers over 1 000 instruments for trading, including forex, stocks, indices and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type/Fees
BelleoFX offers seven account types: Standard, Swap-Free, Zero spread, PRO, PAMM or 100% Bonus account and Cent account.
| Account Type | Standard | Swap-Free | Zero Spread | PRO | 100% Bonus | PAMM | Cent |
| MinDeposit | $50 | $1 000 | $1 000 | $10,000 | $500 | $2 000 | $10 |
| Spread from | 1.2 pips | 1.5 pips | 0 pips | 0 pips | 1.8 pips | 1 pip | 0 pips |
| Commission | ❌ | ❌ | From $15/lot | $5/lot | ❌ | ❌ | $2.4/lot |
| Swaps | ✔ | ❌ | ✔ | ✔ | ✔ | ✔ | ✔ |
Leverage
BelleoFX's leverage depends on different assets.
| Asset Class | Max Leverage |
| Currencies | 1:500 |
| ZARJPY | 1:100 |
| Metals | 1:200 |
| Energies | 1:100 |
| Indices | 1:50 |
High leverage will bring high profits but high losses.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | iOS, Android, Windows, Mac and Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Deposit Options
| Deposit Options | Min Deposit | Fees | Processing Time |
| Bank transfer | 500 USD | ❌ | 1-5 working days |
| Visa | 50 USD | Instant | |
| Mastercard | |||
| Maestro | |||
| Neteller | 1% | ||
| Skrill | |||
| Payop | From 3.5% | ||
| Fasapay | ❌ | ||
| Cryptos | |||
| Kora | From 3.5% | ||
| Sticpay | 1% | ||
| Jetonbank | ❌ | ||
| Payok |
Withdrawal Options
| Withdrawal Options | Min Withdrawal | Fees | Processing Time |
| Bank transfer | 100 USD | ❌ | 1-24 hours |
| Visa | 10 USD | ||
| Mastercard | |||
| Maestro | |||
| Neteller | |||
| Skrill | |||
| Payop | |||
| Fasapay | |||
| Cryptos | |||
| Kora | From 3.5% | ||
| Sticpay | 3% | ||
| Jetonbank | ❌ | ||
| Payok |
Rating Index
Promo
PRO
BelleoFX Similarly Rated Brokers
Latest Reviews
Audrae
Germany
BelleoFX shines with its extensive range of market instruments and intuitive trading platforms, empowering traders to navigate the markets with ease and precision.
Positive
2024-07-26
FX1678917738
Malaysia
Excellent overall. Shame no Shares or Commodities available in the MT4 platform.
Neutral
2024-05-17
FX3363363009
Cyprus
I traded with BelleoFX for one month. Initially, everything seemed smooth—fast deposits, timely withdrawals, and responsive support. However, after making $42,000 in profits from 21 disciplined trades on XAU, JPY, CHF, and EUR, they accused me of insider trading without evidence, cancelled my profits, blocked my Client Area and MT5 access, and returned only part of my deposit. Their Account Manager falsely claimed they operate as an STP broker, but their actions revealed a B-Book operation unwilling to hedge or honour profitable trades. My identical trades were accepted by other brokers without issue. BelleoFX ignored my emails and hid behind vague compliance excuses, clearly targeting losing clients to maximise their earnings. Their deceitful practices make them highly untrustworthy. Serious traders should avoid BelleoFX, as they cancel profits under false pretences and refuse accountability. Im happy to share correspondence showing their unethical tactics.
Exposure
2024-12-29