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BelleoFx

Est. 2020 Β· Mauritius Β· Updated October 22, 2026

Demo Account Islamic Account Crypto Trading Affiliate Program Scalping Hedging
2.5
β˜…β˜…β˜…β˜†β˜† Trust Score

BelleoFX is an online trading brokerage founded in 2020, based in Mauritius and Dubai. It is known for offering diverse trading instruments and multiple account types, serving thousands of clients globally.

Company
Belleo Markets
Founded
2020
Headquarters
Mauritius
Regulation
FSC MU, FSA SVG, DET UAE
License No.
GB21027167
Min Deposit
$10
Max Leverage
1:500
Spreads From
0.0 pips
Commission
From $0, up to $15 per lot round turn
Platforms
MT5, BelleoFX Go, WebTrader
Account Types
Standard, Pro, Zero Spread, Swap-Free, Cent, PAMM
Base Currencies
USD

BelleoFx Pros & Cons

Pros

  • Multiple account types, including Zero Spread and Swap-Free.
  • Access to 1000+ instruments across 5 asset classes.
  • MetaTrader 5 platform and proprietary mobile app.
  • Low minimum deposit ($10) for Cent account.
  • Supports scalping, hedging, and Expert Advisors.

Cons

  • Tier-3 regulation (FSC Mauritius, FSA SVG) with noted concerns.
  • Absence of Tier-1 regulatory oversight.
  • Independent reviews highlight significant safety risks.
  • No MetaTrader 4 platform offered.
  • Higher commissions on some premium account types.

Trading Conditions

Tradable Instruments

BelleoFX offers a diverse portfolio of over 1000 trading instruments across five asset classes. This includes Forex (over 55 major, minor, and exotic currency pairs), Stocks (as CFDs), Indices, and Commodities. Cryptocurrency trading is also available.

Accounts & Platforms

Account Types

BelleoFX provides a range of account types designed for various trading strategies and experience levels. The Standard account has a minimum deposit of $50 and floating spreads from 1.2 pips with no commission. The Zero Spread account requires a $1,000 minimum deposit, offers spreads from 0 pips, and has commissions starting from $15 per lot. For professionals, the Pro account demands a $10,000 minimum deposit, features floating spreads from 0.0 pips, and a $5 per lot commission. The Swap-Free (Islamic) account, with a $1,000 minimum deposit, removes overnight interest charges. A Cent account is available with a low $10 minimum deposit, offering micro-trading flexibility and commissions of $2.4 per lot. Lastly, PAMM accounts are offered for money managers and investors, requiring a $2,000 minimum deposit and a $5 per lot commission. There is also a 100% Bonus account.

Opening an Account

The account opening process with BelleoFX is designed to be straightforward. Clients need to fill out a registration form and then upload identity documents (Passport or National ID) and proof of address (bank statement or utility bill not older than 3 months) for KYC verification. An application form also needs to be filled and signed. Account verification typically takes up to 24 hours. Once approved, clients can fund their accounts and begin trading.

Trading Platforms

BelleoFX primarily offers the MetaTrader 5 (MT5) platform, which is available for desktop, web, iOS, and Android devices. MT5 is a multi-award-winning platform known for its advanced charting tools, multiple timeframes, comprehensive technical analysis indicators, and support for Expert Advisors (EAs) and automated trading strategies. BelleoFX also provides its proprietary mobile terminal, "BelleoFX Go," which offers an intuitive interface for simplified trading on the go. A WebTrader platform is also available for direct browser access.

Deposits & Withdrawals

BelleoFX supports a variety of funding methods including Bank Wire transfers, Credit/Debit Cards (Visa, Mastercard), E-Wallets such as Skrill, Neteller, STICPAY, FasaPay, Jetonbank, PayOK, and Payop, as well as Cryptocurrency payments (Bitcoin, Tether, Ethereum). All deposits are converted to USD. BelleoFX states it does not charge deposit or withdrawal fees, though third-party payment providers may. The minimum deposit starts from $10 for a Cent account. The minimum withdrawal amount is $10 for most methods, except for Bank Wires which require a $500 minimum. Deposits typically process within 24 hours, except for bank transfers which can take 3-5 working days. Withdrawals are generally processed using the same method as the deposit.

Regulation & Safety

BelleoFX operates under several entities. Belleo Markets (MU) is incorporated in Mauritius (registration 186405 GBC) and regulated by the Financial Services Commission (FSC) of Mauritius as an Investment Dealer (Broker) with license number GB21027167. BelleoFX (SVG) is registered by the Financial Services Authority (FSA) of St. Vincent & The Grenadines as an International Business Company (registration 26000 BC 2020). Additionally, Belleo Markets - Rep. Office (UAE) is registered and regulated by the Department of Economy and Tourism (DET) in Dubai (license 1074850). It's important to note that some sources, like WikiFX and Traders Union, classify these as Tier-3 regulations and raise concerns about the explicit authorization for forex trading under the FSC Mauritius license, indicating a low safety score and no specific investor protection fund.

Company Information

BelleoFx Review

BelleoFX, established in 2020 by industry experts, has swiftly grown into a prominent online trading brokerage. With a commitment to leveraging their expertise to enhance the financial markets, BelleoFX now operates a group of companies serving over 8,000 clients across 42+ countries. Clients can choose from various account options, including Standard, No Swap, Zero Spread, and Pro Trading accounts, catering to diverse trading needs. BelleoFX operates under the brand names Belleo Markets (Mauritius), BelleoFX (St. Vincent and The Grenadines), and Belleo Markets – Rep. Office (UAE).

Belleo Markets (MU) is incorporated in Mauritius and regulated by the Financial Services Commission (FSC) with license number GB21027167, ensuring compliance with stringent investment dealer standards. BelleoFX (SVG) is registered with the Financial Services Authority (FSA) of St. Vincent & The Grenadines as an International Business Company under registration number 2584 LLC 2022. Additionally, Belleo Markets – Rep. Office (UAE) operates as a branch of Belleo Markets Mauritius and is regulated by the Department of Economic Development (DET) in the UAE, with license number 1074850. This robust regulatory framework across different jurisdictions underpins BelleoFX’s commitment to providing secure and reliable trading services.

Frequently Asked Questions

Is BelleoFX regulated?

Yes, BelleoFX is regulated by the FSC Mauritius (GB21027167) and registered with the FSA St. Vincent & The Grenadines (26000 BC 2020).

What is the minimum deposit?

The minimum deposit for a Cent account is $10, while other accounts may require $50 or $100.

Which trading platforms are offered?

BelleoFX offers MetaTrader 5 (MT5), its proprietary mobile app BelleoFX Go, and a WebTrader.

Does BelleoFX offer Islamic accounts?

Yes, BelleoFX provides Swap-Free accounts, which are designed to comply with Sharia law.

Can I trade cryptocurrencies?

Yes, BelleoFX offers cryptocurrency trading among its range of instruments.

Are there deposit or withdrawal fees?

BelleoFX states it does not charge fees for deposits or withdrawals, but third-party payment providers may apply their own charges.

Final Verdict

β˜…β˜…β˜…β˜†β˜† 2.5/5

BelleoFX, established in 2020, presents itself as a dynamic broker with a broad range of over 1000 instruments and the robust MetaTrader 5 platform, complemented by its own mobile app. Its competitive spreads on certain accounts and support for various funding methods are appealing. However, potential clients should be aware of its regulatory framework, which primarily consists of Tier-3 licenses from the FSC Mauritius and FSA St. Vincent & The Grenadines, along with a representative office registration in Dubai. These regulatory bodies offer less stringent oversight compared to Tier-1 regulators, and some analyses highlight concerns regarding explicit authorization for forex trading under these licenses, leading to a lower safety rating from independent review sites. While offering flexible account types and a user-friendly onboarding process, the regulatory standing suggests a higher risk profile, making it potentially more suitable for experienced traders who thoroughly understand these implications.

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