Pros
  • BelleoFX has four different account types from which to choose.
  • Execution speeds are as low as 20 milliseconds.
  • Traders can trade on MetaTrader 5.
  • BelleoFX has a TrustPilot rating of 3.7 out of 5.
  • There are two promotions available currently.
Cons
  • No US traders are permitted.

Established in 2020

Location: United Arab Emirates

Operated by Belleo Markets

Regulated by Financial Services Commission (FSC) and the Financial Services Authority (FSA) of St. Vincent & The Grenadines

Execution type: Non-Advisory/Executionary Broker

Trading instruments: Forex, Stocks, Indices, Commodities

Trading Conditions and Features

Scalping : allowed

Hedging: allowed

Maximum leverage: 1:500 for currencies, (1:100 for ZARJPY), 1:200 for metals, 1:100 for energies, 1:50 for indices

The broker offers negative balance protection to all its clients, regardless of the account type they choose. This means that you will never lose more money than what you have in your account, which is a very important safeguard for online traders.

Free demo account: yes

  • Execution Speed. As indicated on its website, BelleoFX provides an execution speed as low as 20 milliseconds, ensuring you won’t miss a trade due to lag time.
  • Easy Sign-Up Process. BelleoFX prides itself on having an easy sign-up process. First, you fill out a simple registration form, and then you upload ID documents for verification. Once your account is approved, you can fund it and begin trading. The process is as easy as it can be, all while still complying with the law.

Languages: Arabic, Bulgarian, Chinese (simplified, PRC), Chinese (traditional, Taiwan), Croatian, Czech, Danish, Dutch, English, Estonian, Farsi/Persian, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malay, Mongolian, Polish, Portuguese, Romanian, Russian, Serbian, Slovak, Spanish, Swedish, Tajik, Thai, Turkish, Ukrainian, Uzbek, and Vietnamese.

Belleofx Account Types

 StandardSwap-Free
FeaturesTrade on MT5, Floating Spreads, 30% Stop Out Level, 50% Margin Call, Expert AdvisorsTrade on MT5, Floating Spreads, 30% Stop Out Level, 50% Margin Call, Expert Advisors, Swap-Free
Account CurrenciesUSDUSD
Available Leverage1:500 for currencies, (1:100 for ZARJPY), 1:200 for metals, 1:100 for energies,1:50 for indices1:500 for currencies, (1:100 for ZARJPY), 1:200 for metals, 1:100 for energies,1:50 for indices
Minimum Deposit$100$1,000
Commission Per TradeN/AN/A
Decimal PricingUp to 5Up to 5
Trading InstrumentsCurrencies, Metals, Energies, Indices, CommoditiesCurrencies, Metals, Energies, Indices, Commodities, Stocks
Min. Lot Size Per Trade0.010.01
SpreadsFloating, 1.2 PipsFloating, 1.5 Pips
Demo AccountYesYes
Swap/Rollover FreeNoYes
Copy Trading SupportYesYes

Trading Platforms

MetaTrader 5 (Web, Mobile, Download) This will be further discussed in the “Reliability” section, but BelleoFX does what many brokers do not: it offers MetaTrader 5. MT5 is the enhanced version of MT4, and it has a lot of tools, high-tech features, and indicators to ensure a smooth, glitch-free trading experience.

The MT5 platform is a powerful trading platform that offers many features and tools. Some of the key features of the MT5 platform include the following:

Advanced charting tools

The MT5 platform offers a wide range of charting tools that can be used to conduct technical analysis. Some popular advanced charting tools available on the MT5 platform include multiple timeframes, advanced indicators, and drawing tools. In addition, the MT5 platform also offers a range of historical data.

Market analysis

The MT5 platform provides access to a wide range of market analysis tools. These market analysis tools can be used to identify trends and make informed trading decisions. In addition, the MT5 platform also provides access to economic news and calendars.

Automated trading

The MT5 platform offers a wide range of features that can be used to automate trading. These features include automated trading robots and the ability to backtest trading strategies. Automated trading is a helpful feature for those who want to trade the markets without having to monitor their positions constantly.

One-click trading

The MT5 platform offers one-click trading, a helpful feature for those who want to trade the markets quickly. One-click trading allows traders to place orders with just a few clicks. Using MT5, traders can also set up price alerts and create watchlists.

Full EA compatibility

The MT5 platform is fully compatible with Expert Advisors (EAs). EAs are automated trading robots that can be used to trade the markets on your behalf. EAs can be downloaded from the internet or created using the MetaEditor tool.

30 indicators and 24 graphical objects

The MT5 platform offers a wide range of indicators and graphical objects. These indicators and graphical objects can be used to conduct technical analysis and make informed trading decisions.

Real-time quotes

The MT5 platform provides access to real-time quotes, which is a helpful feature for those who want to trade the markets in real time. These real-time quotes can be used to make informed trading decisions.

Payment Methods

The broker offers a wide range of deposit and withdrawal options, including bank wire transfers, credit/debit cards (Visa, MasterCard, Maestro), and e-wallets (Neteller, Skrill, FasaPay, PerfectMoney).

Minimum deposit $100

If you use a wire transfer for deposit or withdrawal, then your banks might charge you a fee. This fee depends on your bank, and usually, it is around $20-$50.

BelleoFX does not charge any inactivity fee, so you can keep your account inactive for as long as you want without worrying about being charged a fee.

Promotions

The 100% Credit Bonus is offered by BelleoFX (herein the “Company”) for its clients (herein Clients). This offer is available for Clients who open a live Bonus account with Belleo Markets (Saint Vincent and the Grenadines), under the following terms.

  1. Introduction
    1. The 100% Credit Bonus (hereinafter the “Bonus Scheme”) is available to all the Company’s Clients who have satisfied the Criteria for this Bonus Scheme.
    2. The Client hereby acknowledges, confirms and accepts to be legally bound by the Terms and Conditions as set out in this Bonus Scheme and/or any other legally binding Agreement between him and the Company.
    3. Clients can increase their leverage by receiving 100% Bonus Credits on each qualifying deposit they make into an approved Account.

Customer Support and Education Material

The broker offers 24/5 support in English via email, phone, and live chat. You can reach out to the company with the help of live chat on their website, by call or via email. Additionally, traders can connect with the support team using the live chat option. Their customer support is highly responsive, and they are always ready to answer any queries that you may have.

Questions Answers about BelleoFX Broker

What is the minimum deposit on this platform?

The minimum deposit is USD 100.

What is the maximum leverage offered?

The maximum leverage offered is up to 1:500.

Do they offer a demo account?

Yes, they offer a full-fledged demo account.

What are the deposit and withdrawal methods available?

Multiple deposits and withdrawal methods are available, including wire transfers and credit/debit cards.

How to open your account with the broker?

You can open your account with the broker by going to their website and filling out the easy registration form.

Does this platform support MT4 & MT5?

They support MT5 but not MT4.

What are the spreads available on this platform?

The spreads start from 0.0 pips.

What is the minimum trade size for this broker?

The minimum trade size is 0.01 lots.

Can US residents open accounts with this broker?

As of now, US residents need help to open an account with this broker.

What account types do they offer?

They offer four accounts — Standard, Swap-free, Zero Spread, and Pro.

Is this broker good for scalping?

This broker is suitable for scalping.

How was the rating of BelleoFX  performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on BelleoFX broker performance and features. 

Overall our online BelleoFX review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online BelleoFX or you find inaccurate details BelleoFX broker review please get in touch with us and the changes will be applied.  

BelleoFX Details

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