BelleoFX Review 2023 – Pros and Cons

UPDATED ON :

BelleoFX is an online trading brokerage firm founded in 2020 by industry leading experts with a shared commitment to share their expertise and improve the world of financial markets.

BelleoFX wins multiple industry award including “The Best ECN Broker In 2023” and “Most Trusted Broker In 2023” awards from forexdailyinfo.com.

BelleoFX, a brand name of Belleo Markets, is registered with the Financial Services Commission of Mauritius (No. 186405 GBC). This broker is also registered by the Financial Services Authority in St. Vincent and the Grenadines (Registration No. 26000 BC 2020).

BelleoFX

Brokers Name

BelleoFX

Regulation

DET, FSC (Mauritius), FSA (St. Vincent)

Established

2020

Headquarters

United Arab Emirates

Trading Desk

ECN

USA Clients

no

24H Support

Yes

Weekend Support

no

Website Language

English

Account Details

Accounts

Standard, Swap-Free, Zero Spread, Pro, Promo, PAMM Account

Min. Deposit

$100

Base Currencies

EUR, USD

Leverage

1:500

Spreads

1.5 pips

Fixed Spread

Yes

Margin Call / Stop Out

50% / 20%

Trading Platform

MT5

Trading Instruments

Forex, Stocks, Indices, Commodities

Pros

  • BelleoFX has four different account types.
  • Ultra low spreads.
  • Execution speeds are as low as 20 milliseconds.
  • Traders can trade on MetaTrader 5.
  • There are two promotions available currently.

Cons

  • No US traders are accepted.

Trading Features

Commission

Yes

Mini Accounts

Yes

Standard Accounts

Yes

VIP Accounts

no

Pro Accounts

Yes

Islamic Accounts

Yes

Segregated

no

Managed Accounts

no

Demo Accounts

Yes

Trading Services

Hedging

Yes

News Trading

Yes

Scalping

Yes

Automated Trading

Yes

Trading Signals

no

Educational Service

Yes

Copy Trading

no

Mobile Trading

Yes

Trading Markets

Indices

Yes

Forex

Yes

CFDs

Yes

Commodities

Yes

ETFs

Yes

Stocks

Yes

Bonds

Yes

Crypto

Yes

Funding

Deposit

Bank Transfer, e-wallets, and crypto wallets

Withdrawal

Bank Transfer, e-wallets, and crypto wallets

Contacts

Phone

+971 4 541 7900

Email

support@belleofx.com

Address

Office 3501, Burj Al Salam, Trade Center First, Sheikh Zayed Road, Dubai, UAE

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