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Belleofx-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2024-12-19 17:35

Abstract: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.

BelleoFX Review Summary
Founded2019
Registered Country/RegionMauritius
RegulationNot regulated
Market Instruments1,000+, forex, stocks, indices and commodities
Demo Account✅
LeverageUp to 1:500
SpreadFrom 1.2 pips (Standard account)
Trading PlatformMT5, BelleoFX Go, WebTrader
Min Deposit$10
Customer SupportLive chat
Tel: +230 2 600 342 / +971 4 541 7900
Email: support@belleofx.com
Social media: X, Facebook, Instagram, YouTube, Linkedin
Address: Level 6, Ken Lee Building, 20 Edith Cavell St, Port Louis, Mauritius 3501 office, 35th floor, Burj Al Salam building, Sheikh Zayed Road, Dubai
Suite 305, Griffith Corporate Centre P.O. Box 1510, Beachmont, Kingstown St. Vincent and the Grenadines

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.

BelleoFX's homepage

Pros and Cons

Pros Cons
Various trading assetsNot regulated
Demo accounts offeredNo 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.

No license

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 TypeStandardSwap-FreeZero SpreadPRO100% BonusPAMMCent
MinDeposit$50$1 000$1 000$10,000$500$2 000$10
Spread from1.2 pips1.5 pips0 pips0 pips1.8 pips1 pip0 pips
Commission ❌❌From $15/lot$5/lot❌❌$2.4/lot
Swaps✔❌✔✔✔✔✔
Account comparison 1
Account comparison 2

Leverage

BelleoFX's leverage depends on different assets.

Asset ClassMax Leverage
Currencies1:500
ZARJPY1:100
Metals1:200
Energies1:100
Indices1:50

High leverage will bring high profits but high losses.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔iOS, Android, Windows, Mac and WebExperienced traders
MT4❌/Beginners
MT5

Deposit and Withdrawal

Deposit Options

Deposit Options Min Deposit Fees Processing Time
Bank transfer 500 USD❌1-5 working days
Visa 50 USDInstant
Mastercard
Maestro
Neteller 1%
Skrill
PayopFrom 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
Deposit
Withdrawal
LeverageBrokerCommissionCurrency PairDealerForex tradingForex BrokerForex Currency pairleverage in forexforex pipsforex market

Related broker

No Regulation
BelleoFX
Company name:Belleo Markets (Mauritius)
Score
2.33
Website:https://belleofx.com/
5-10 years | Suspicious Regulatory License | MT5 Full License | Self-developed
Score
2.33

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