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BelleoFX Broker Review 2025

BelleoFX Broker Review 2025
Company:BelleoFX
Founded:2020
Min Deposit:$10
Max Leverage:500
Headquarter:

Dubai

US Accepted:
Demo Economic Calendar Academy Affiliate PAMM

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

About
BelleoFX provides access to Forex and CFD commission-free trading with leverage options of up to 1:500. Deposit and withdrawals methods are Skrill, Neteller, and Cryptocurrencies with a minimum withdrawal limitation of $10. The broker is regulated by FSC, SVGFSA, and DET, and does not accept clients from the USA.
Contact
Office 3501, Burj Al Salam, Trade Center First, Sheikh Zayed Road, Dubai, UAE
Rank and Score
RegulationsCustomer SupportSpread &CommissionsPlatformsDeposit &WithdrawalAccountTypes
0.8Rank 277
Pros and Cons
Account Types
Platforms
Pros
Multiple account types to suit different trading styles
Fast execution speed
Industry awards and partnerships
Wide range of payment methods
Cons
Does not accept traders from the United States
Lack of licensing from tier-1 regulatory bodies
No support for TradingView
score of blog
2.3 From 5.0
(4)
Rate this post
1563

BelleoFX offers 7 account types providing access to 1000+ instruments across 4 asset classes with an attractive 100% deposit bonus and PAMM services. 

Forex and Gold trading is available with a minimum deposit of $10 on the Cent account.

BelleoFX anchors its workflow around MetaTrader 5 (web, desktop, iOS/Android), and a unified Client Area with one-click funding via cards, bank transfer, major e-wallets, and crypto rails.

For traders seeking Sharia-aligned conditions, the Swap-Freeaccount removes overnight interest while keeping core MT5 capabilities intact.

BelleoFX: Company Introduction and Regulation

BelleoFX
BelleoFX; a brokerage company with average execution speed of under 20ms

BelleoFX was founded in 2020 and is led by CEO Andrew Ishchuk. The broker operates through several regulated entities, ensuring a secure and compliant trading environment for its clients, including:

  • Belleo Markets (MU): Regulated by the Financial Services Commission (FSC) of Mauritius with license No. GB21027167
  • BelleoFX (SVG): Registered by the Financial Services Authority (FSA) of St. Vincent and The Grenadines with registration No. 2584 LLC 2022
  • Belleo Markets (UAE): Regulated by the Department of Economic Development (DET) in the United Arab Emirates with license No. 1074850

Below is a table summarising BelleoFX’s regulatory and corporate structure:

Parameter / Branches / Entity

BelleoFX (Mauritius)

BelleoFX (SVG)

BelleoFX (UAE Rep. Office)

Regulation

FSC Mauritius – Investment Dealer (Broker), License No. GB21027167

FSA SVG – Registration No. 26000 BC 2020

UAE DET – Representative Office License No. 1074850

Regulation Tier

Tier-3

Tier-3

Local business license

Country / Jurisdiction

Mauritius

St. Vincent & the Grenadines

United Arab Emirates (Dubai)

Investor Protection Fund

No

No

No

Segregated Funds

Yes

Yes

Yes

Negative Balance Protection

Yes

Yes

Yes

Maximum Leverage

Not specified

Not specified

Not specified

Client Eligibility

Global clients (excluding restricted jurisdictions)

Non-Mauritius / international clients

UAE inquiries only (no trading accounts)

BelleoFX Broker Specific Features

The Forex broker has been awarded multiple times in consecutive years for its focus on customer support and innovation. Let’s see the key features that set BelleoFX apart.

Broker

BelleoFX

Account Types

Standard, Swap-Free, Zero Spread, Pro, PAMM, Cent, 100% Bonus

Regulating Authorities

FSC, FSA, DET

Based Currencies

USD

Minimum Deposit

$10

Deposit Methods

Skrill, MasterCard, PayOp, Maestro, FasaPay, Crypto, Visa, Bank Wire, Neteller, Kora, JetonBank, PayOK

Withdrawal Methods

Skrill, MasterCard, PayOp, Maestro, FasaPay, Crypto, Visa, Bank Wire, Neteller, Kora, JetonBank, PayOK

Minimum Order

0.01 lots

Maximum Leverage

1:500

Investment Options

PAMM

Trading Platforms & Apps

MT5, BelleoFX Go, WebTrader

Markets

Forex, Commodities, Stocks, Indices

Spread

Fixed and floating from 0.0 pips

Commission

From $0.0

Orders Execution

Market

Margin Call / Stop Out

N/A

Trading Features

Demo, PAMM, Academy, Economic Calendar, IB

Affiliate Program

Yes

Bonus & Promotions

100% Credit bonus

Islamic Account

Yes

PAMM Account

Yes

Customer Support Ways

Email, Ticket, Tel, Live Chat

Customer Support Hours

From Monday to Friday

BelleoFX Account Offerings

The broker offers seven different account types with different fee structures, minimum deposits, and leverage options.

BelleoFX trading account types
Overview of BelleoFX account types

Here's a full list of BelleoFX account types:

Features

Swap Free

Standard

Cent

Zero Spread

Pro

PAMM

100% Bonus

Min Deposit

$1,000

$50

$10

$1,000

$10,000

$2,000

$500

Leverage

1:500

1:500

1:500

1:500

1:200

1:200

1:500

Spread Type

Floating

Floating

Floating

Fixed

Floating

Floating

Fixed

Spreads from (Pips)

1.5

1.2

0.0

0.0

0.0

1.0

1.8

Commission

$0

$0

$2.4

$15

$5

$5

$0.0

Swaps

None

Yes

Yes

Yes

Yes

Yes

Yes

BelleoFX Advantages and Disadvantages

The company serves a global community of 8,000 users across 72+ countries.

BelleoFX Pros and Cons
BelleoFX was the winner of the Best Mobile Trading App award at the Forex Traders Summit Dubai 2024

Let’s see what the upsides and downsides of BelleoFX are.

Pros

Cons

Multiple account types to suit different trading styles

Does not accept traders from the United States

Fast execution speed

Lack of licensing from tier-1 regulatory bodies

Industry awards and partnerships

No support for TradingView

Wide range of payment methods

-

BelleoFX Account Opening and Verification

The BelleoFX registration and the KYC procedure on the broker are straightforward. We will provide a step-by-step guide in this section of the BelleoFX review.

#1 Visit the Registration Page

Go to the official BelleoFX website and select the “Register” or “Open an Account” button on the homepage to begin the signup process.

Accessing the BelleoFX Signup Page
Click the Register button and sign up with BelleoFX broker

#2 Fill Out the Signup Form

Enter the following details:

  • Full Name (First and Last)
  • Valid Email Address
  • Country of Residence
  • Mobile Number
  • Password (must include uppercase, lowercase, numbers, and special characters)
  • Confirm Password

Finally, agree to the terms of service, complete the CAPTCHA, and click "Sign Up" to complete the initial registration. The selected country cannot be modified after submission.

BelleoFX Signup Form
Complete the BelleoFX signup form with personal details

#3 Verify Your Trading Account

Completing the BelleoFX verification is necessary to comply with AML and KYC international laws. For this, traders must submit the following documents:

  • Proof of Identity: ID card, passport, or driving license
  • Proof of address: Bank statement or utility bill

BelleoFX Broker Platforms and Apps

BelleoFX provides its clients with access to the advanced and industry-recognized MetaTrader 5 (MT5) platform.

MT5 is known for its powerful performance, offering a range of professional-grade tools that support fast, reliable, and intuitive trading. 

BelleoFX trading platforms overview
Supported platforms for trading at BelleoFX

Key platform features include:

  • One-click trading and advanced market depth
  • Full support for pending, limit, stop, and OCO orders
  • Hedging and netting functionalities
  • Nine chart timeframes and three chart types
  • Integrated news feed and economic calendar
  • Data encryption and strong security protocols

Traders can access MT5 via:

  • Desktop (Windows, Mac)
  • WebTrader (browser-based)
  • Mobile (iOS and Android)

While BelleoFX does not support MetaTrader 4 or third-party tools like TradingView, MT5’s robust infrastructure makes it a reliable environment for technical traders and algorithmic strategies.

BelleoFX Fees and Commissions

The broker’s fee structure mainly consists of commissions, spreads, and swap rates, which vary based on the account type.

Account

Commission (per lot)

Spreads (Pips)

Swap Free

$0

Floating from 1.5

Standard

$0

Floating from 1.2

Cent

$2.4

Floating from 0.0

Zero Spread

From $15

Fixed 0.0

Pro

$5

Floating from 0.0

PAMM

$5

Floating from 1.0

100% Bonus

$0

Fixed 1.8

Non-trading fees are minimal:

  • No deposit or withdrawal charges
  • No inactivity fee

Swap Fees

BelleoFX provides a Swap-Free account option (No Swaps) across eligible account types, meaning clients holding positions overnight under that account are not charged swap interest.

For its other account types (Standard, Zero Spread, Pro, etc.), BelleoFX does not publish specific long/short swap rates for instruments on its site.

Non-Trading Fees

BelleoFX lists multiple funding and withdrawal channels with clearly displayed processing conditions. Deposits are free for most payment methods, while some providers charge their own commissions.

Fees apply to Neteller (1%), Skrill (1%), PayOp (from 3.5%), and Kora (from3.5%). Other methods such as Visa, MasterCard, Maestro, FasaPay, JetonBank, PayOk, and Bitcoin show no deposit charge.

Withdrawals are processed within 1–24 hours on business days. Most are fee-free; however, Kora transactions include a from 3.5 % commission.

The company reserves the right to apply banking fees or 3 % of the withdrawal amount if required trading-volume conditions (2 lots per USD 1,000 deposit or 5 lots for card deposits) are not met.

Card withdrawals after inactivity may incur 6 %, and accounts inactive for three months are subject to a 5 % monthly maintenance fee.

BelleoFX Payment Options

BelleoFX supports a wide range of deposit and withdrawal methods with no hidden charges. Here's a breakdown of payment conditions:

Deposit Methods

The broker supports 5 different types of payment methods:

  • Bank Transfer: Minimum $500, processed in 1–5 business days, fee-free
  • Credit/Debit Cards (Visa, Mastercard, Maestro): From $50, instantly processed
  • E-wallets (Skrill, Neteller, Sticpay): Fees range from 1% to 3.5% depending on provider
  • PayOp, Fasapay, Kora, JetonBank, PayOK: Various regional options supported
  • Cryptocurrency: Bitcoin, Ethereum, and USDT available; fee-free

Withdrawal Methods

For withdrawals, traders have several options:

  • Bank Transfer: Minimum $100, processed within 24 hours, no fees
  • Visa/Crypto: Minimum $10, no withdrawal fees
  • Other methods: Most e-wallets offer same-day processing with no fees

BelleoFX does not charge any deposit or withdrawal commissions from its side, although third-party providers may impose small transaction costs.

The minimum withdrawal threshold is also relatively low at $10, making fund access convenient for smaller traders.

Deposit Options

BelleoFX supports a wide range of funding methods to facilitate instant and secure deposits for clients globally.

Deposits are processed instantly for most payment methods, while bank transfers may take 1–5 working days. 

does not charge deposit commissions for most methods, with minimum amounts starting from 50 USD depending on the option.

BelleoFX deposit funding methods
Available deposit methods for BelleoFX clients

The table below summarizes all available deposit methods as listed on the BelleoFX:

Option

Accepted Currencies

Min. Deposit

Commission

Execution Time

Bank Transfer

USD

500 USD

Free

1–5 working days

Visa

USD

50 USD

Free

Instant

Master Card

USD

50 USD

Free

Instant

Maestro

USD

50 USD

Free

Instant

Neteller

USD

50 USD

1 %

Instant

Skrill

USD

50 USD

1 %

Instant

Pay Op

USD

50 USD

from 3.5 %

Instant

Fasa Pay

USD

50 USD

Free

Instant

Bitcoin

BTC

50 USD

Free

Instant

Kora

USD

50 USD

from 3.5 %

Instant

Jeton Bank

USD

50 USD

Free

Instant

Pay Ok

USD

50 USD

Free

Instant

Withdrawal Solutions

BelleoFX allows clients to withdraw funds using the same channels used for deposits. All withdrawals are generally processed within 1–24 hours of submission.

The minimum withdrawal amount starts at 10 USD, and most methods are fee-free, except for Kora (from 3.5%).

BelleoFX withdrawal processing methods
Withdrawal options and processing times

The table below details BelleoFX’s official withdrawal solutions and conditions:

Withdrawal Solution

Minimum Amount

Commission

Execution Time

Bank Transfer

100 USD

Free

1–24 hours to complete process

Visa

10 USD

Free

1–24 hours to complete process

Master Card

10 USD

Free

1–24 hours to complete process

Maestro

10 USD

Free

1–24 hours to complete process

Neteller

10 USD

Free

1–24 hours to complete process

Skrill

10 USD

Free

1–24 hours to complete process

Pay Op

10 USD

Free

1–24 hours to complete process

Fasa Pay

10 USD

Free

1–24 hours to complete process

Bitcoin

10 USD

Free

1–24 hours to complete process

Kora

10 USD

from 3.5 %

1–24 hours to complete process

Jeton Bank

10 USD

Free

1–24 hours to complete process

Pay Ok

10 USD

Free

1–24 hours to complete process

BelleoFX PAMM Account and Copy Trading

The company offers a comprehensive PAMM account with a minimum deposit of $2,000 with access to 14 different strategies. Key features of the BelleoFX PAMM account:

  • 14 manager accounts
  • Total profit of up to 473%
  • Monthly profit of up to 11%
  • Minimum deposits range from $300 to $1,000 on various plans
BelleoFX PAMM Account
The BelleoFX Super PAMM 99 account has a minimal deposit of $500 with 473% in total profits

Available Markets & Instruments

BelleoFX provides access to over 270 trading instruments across four primary asset classes, including Forex, Commodities, Indices, and Stocks (CFDs), as stated on its official website.

The broker offers 55+ currency pairs in Forex, including majors, minors, and exotics, with maximum leverage up to 1:500.

BelleoFX available trading instruments
Asset classes offered by BelleoFX

The table below summarizes the tradable asset classes available on BelleoFX:

Asset Class

Type of Instruments

Number of Symbols

Max. Leverage

Forex

Major, minor, and exotic currency pairs

55+ pairs

Up to 1:500

Commodities

Metals, energies, and agricultural products (gold, silver, oil, coffee, sugar, cocoa, cotton)

Around 14

Up to 1:100

Indices

Global stock indices (GER40, AUS200, CHINA50, EUSTX50, DJ30ft)

Around 15

Up to 1:200

Stocks (CFDs)

CFDs on international company shares

800+ Stocks

Up to 1:50

BelleoFX Broker Promotions

The company offers a 100% credit bonus and various partnership programs, including IB and White Label.

  • 100% Credit: Available only on the Bonus account as trading credits
  • IB: Up to $25 per traded lot by referred clients
  • White Label: Solutions and technologies for brokerage businesses

You can use TradingFinder's Rebate Calculator to get an estimate of how much your IB commission would be. Note that you should use the "Money" type for calculations.

BelleoFX bonus and promotions
Active promotions and trading bonuses at BelleoFX

Awards

BelleoFX proudly showcases a number of industry accolades on its homepage under “Latest BelleoFX Awards,” reflecting recognition from external bodies in recent years.

Through 2023 and 2024, the broker highlights awards tied to mobile trading, institutional strength, and execution quality.

BelleoFX forex industry awards
Industry recognitions and awards for BelleoFX

Here is some of the recent BelleoFX Awards:

  • Best Mobile Trading App Forex Traders Summit Dubai 2024
  • Top Forex Broker 2024 Forex Traders Summit Dubai
  • Best Trading Execution 2024
  • Best Institutional Forex Broker 2023
  • Best IB Program 2023
  • Best ECN Forex Broker 2023
  • Most Trusted Forex Broker 2023
  • Broker of the Year 2023
  • Best Growing Broker 2023

How to Reach BelleoFX Support?

BelleoFX provides support from Monday to Friday through various channels, including email, phone calls, and live chat.

BelleoFX customer support contact
How to contact BelleoFX support team

Here's a summary of what BelleoFX support team provides:

Email

support@belleofx.com

Tel

+971 4 541 7900

Live Chat

Available on the broker’s official website

Ticket

Call back requests via the “Contact Us” form

BelleoFX Restricted Countries

While BelleoFX serves clients from over 72 countries, it's important to note that they do not accept traders from the United States.

The broker may restrict or deny transactions based on the information and documentation provided by the client.

BelleoFX Trust Score

User Satisfaction is the most important topic in this BelleoFX review.

BelleoFX TrustPilot93% of reviews on the BelleoFX TrustPilot profile are positive (5-star and 4-star)

The company has generally received positive reviews from its customers on various platforms, including:

BelleoFX TrustPilot

4.5 out of 5 based on 152 reviews

Google Reviews

4.9 out of 5 based on 144 comments

Forex Peace Army

2.9 out of 5 based on 6 ratings

Does BelleoFX Broker Provide Educational Materials?

The company boasts its Trading Academy with 8,800 students and 9,800 skill courses, covering all aspects of financial markets.

BelleoFX trading education FAQs
Educational resources and FAQ section at BelleoFX

Including

BlleoFX in Comparison with Top Forex Brokers

Comparing BelleoFX services with those of other Forex brokers helps traders identify the pros and cons of trading with this broker.

Parameters

BelleoFX Broker

HFM Broker

FXGlory Broker

XM Broker

Regulation

FSC, FSA, DET

CySEC, DFSA, FCA, FSCA, FSA

No

ASIC, FSC, DFSA, CySEC

Minimum Spread

From 0.0 pips

From 0.0 Pips

From 0.1 Pips

From 0.6 Pips

Commission

From $0

From $0

$0

$0 (except on Shares account)

Minimum Deposit

$10

From $0

$1

$5

Maximum Leverage

1:500

1:2000

1:3000

1:1000

Trading Platforms

MT5, BelleoFX Go, WebTrader

MT4, MT5, Mobile App

MetaTrader 4, MetaTrader 5

MT4, MT5, Mobile App

Account Types

Standard, Swap-Free, Zero Spread, Pro, PAMM, Cent, 100% Bonus

Cent, Zero, Pro, Premium

Standard, Premium, VIP, CIP

Micro, Standard, Ultra Low, Shares

Islamic Account

Yes

Yes

Yes

Yes

Number of Tradable Assets

1000+

1,000+

45

1400+

Trade Execution

Market

Market, Buy Stop, Stop Loss, Limit, Take Profit

Market, Instant

Market, Instant

Conclusion and Final Words

BelleoFX provides CFD trading with floating and fixed spreads from 0.0 pips and commissions, ranging from $0.0 to $15. The company has won multiple awards in Forex Traders Summit Dubai 2024 and 2023.

BelleoFX broker offers a robust Trading Academy with 9,800 skill courses. However, the lack of licensing from top-tier regulatory bodies and not supporting TradingView are the BelleoFX broker’s main weaknesses.

FAQs

Is BelleoFX a regulated broker?

The FSC of Mauritius, FSA of St. Vincent & The Grenadines, and DET in the UAE oversee the company’s operation.

What trading platforms are available?

The broker provides the MetaTrader 5 (MT5) and BelleoFX Go, the proprietary mobile app.

What is the minimum deposit?

You can open a Cent account with a minimum deposit of $10.

What are the account types available at BelleoFX, and how do they differ?

BelleoFX offers seven distinct account types: Standard, Swap-Free, Cent, Zero Spread, Pro, PAMM, and 100% Bonus. These accounts differ in minimum deposit, leverage, spread type, and commission fees. For instance, the Cent account starts from $10 with 1:500 leverage, while the Pro account requires $10,000 but offers tight spreads and $5 commission.

Does BelleoFX charge any deposit or withdrawal fees?

No, BelleoFX does not charge any deposit or withdrawal fees. However, third-party payment processors like Skrill or Visa may impose their own fees (1%–3.5%).

What is the maximum leverage available?

BelleoFX offers maximum leverage up to 1:500, available across most account types. However, Pro and PAMM accounts are capped at 1:200, reflecting a more conservative risk profile.

Can Muslim traders open Islamic accounts on BelleoFX?

Yes, BelleoFX provides Islamic (Swap-Free) accounts that comply with Shariah law, available to eligible clients who opt out of interest-based overnight swaps.

Does BelleoFX support copy trading or PAMM accounts?

Yes, BelleoFX offers PAMM accounts with 14 professional strategies and total profits advertised up to 473%. Copy trading functionality is embedded within these investment services.

What is the minimum order size?

Traders can place orders starting from 0.01 lots across all account types, making it suitable for both beginners and advanced traders.

How can I verify my account after registration with BelleoFX?

After signup, you must submit proof of identity (passport, ID card, or driving license) and proof of address (bank statement or utility bill) for KYC compliance.

What payment methods are available for deposits and withdrawals?

BelleoFX supports bank transfers, credit/debit cards, e-wallets (Skrill, Neteller, Sticpay), crypto (BTC, ETH, USDT), and regional methods like JetonBank and Kora.

Is BelleoFX suitable for beginners in forex trading?

Yes, BelleoFX offers a Cent account with $10 deposit, a demo account, and a comprehensive Trading Academy with over 9,800 training modules aimed at novice traders.

Are there any inactivity or non-trading fees at BelleoFX?

No, BelleoFX does not charge any inactivity or maintenance fees, which makes it cost-effective for occasional traders.

Can US clients open trading accounts with BelleoFX?

No, BelleoFX does not accept clients from the United States, citing regulatory restrictions.

What is the trading cost structure at BelleoFX?

Trading costs include spreads (fixed or floating) and commissions. For instance, Zero Spread accounts charge $15/lot, while Standard and Swap-Free accounts are commission-free.

Does BelleoFX offer bonuses or promotional programs?

Yes, BelleoFX provides a 100% deposit bonus on the Bonus account, along with IB and White Label partnership programs for additional revenue opportunities.

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