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: Company Introduction and Regulation
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
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.
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.
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.
- Visit the company’s official website;
- Click “Register”;
- Fill out the “Sign up” form;
- Upload proof of ID (Passport or National ID) and proof of address (bank statement or utility bill);
- Open MT5 account;
- Deposit funds.
BelleoFX Broker Platforms and Apps
BelleoFX offers the award-winning MetaTrader 5 (MT5) platform, known for its advanced features and user-friendly interface, and a mobile application.
MetaTrader 5 (MT5)
- MT5 Android
- MT5 iOS
- Desktop
- Web
BelleoFX Go
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 |
BelleoFX Payment Options
We must discuss the available payment methods in this BelleoFX review. The company offers 17+ options for deposits and withdrawals, including:
- Bank Wire Transfers
- Credit/Debit Cards: MasterCard, Maestro, and Visa
- eWallets: Skrill, PayOp, FasaPay, Neteller, Kora, JetonBank, and PayOK
- Crypto: USDT, BTC, and ETH
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 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.
How to Reach BelleoFX Support?
BelleoFX provides support from Monday to Friday through various channels, including email, phone calls, and live chat.
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.
93% 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:
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 |
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.