mid
BelleoFX group includes 2 related companies.
BelleoFX SVG - legally registered entity located in Saint Vincent and the Grenadines, but not regulated by any government agency.
BelleoFX MU - located in Mauritius, regulated by the Financial Services Commission (FSC).
BelleoFX group accepts clients from all over the world, excluding USA and most OFAC sanctioned and FATF blacklisted countries.
Forex broker offers the following underlying assets for trading.
| 55+ Currency Pairs | Based on major and minor world currencies. |
| 10 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 2 Metal CFDs | Based on Gold and Silver. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 4 Soft CFDs | Based on Coffee, Cocoa, Sugar, Cotton. |
| 500+ Stock CFDs | Based on shares of US, UK, EU and Indian companies. |
BelleoFX is a forex broker registered offshore in Saint Vincent and the Grenadines and Mauritius, with its physical headquarter located in Dubai in the United Arab Emirates (UAE). The broker offers trading in a range of instruments, with a particular focus on stocks and forex.
So far, BelleoFX has been operating in the industry only since 2020. However, the broker is not shy about its growth ambitions, stating on its website that its goal is “to become the number one brokerage firm by user experience and our clients satisfaction.”
As its trading platform, BelleoFX uses MetaTrader 5 (MT5), a well-known platform among forex traders that is available in both downloadable and web-based versions. Among other things, the platform has become popular thanks to its large selection of trading indicators and strategies that users can program and share or sell to other users. The platform also supports advanced technical analysis, with more than 30 standard indicators and 24 graphical objects for charting available.
As already mentioned, BelleoFX has a strong offering when it comes to stocks, with stocks from more than 500 US, European and Indian companies available to trade. Additionally, the broker offers trading in more than 55 forex pairs, a selection of major stock indices, as well as some of the most popular commodities.
When signing up with BelleoFX, all users get to choose between four types of trading accounts:
– Standard account, with a $50 minimum deposit, spreads from 1.2 pips, and no commissions
– Swap-free (Islamic) account, with a $1,000 minimum deposit, spreads from 1.5 pips, and no commissions
– Zero Spread account, with a $1,000 minimum deposit, spreads from 0 pips, and $15 per lot commissions
– Pro account, with a 10,000 minimum deposit, spreads from 0 pips, and $5 per lot commissions
The max leverage for all of the account types is 1:500, which is in line with the industry standard for offshore-based forex & CFD brokers.
Trading accounts with BelleoFX can be funded with all of the usual methods, such as bank transfer, credit & debit cards, and e-wallets like Skrill, Neteller, Payop, FasaPay and PerfectMoney. In addition, we are happy to see that this broker also accepts crypto deposits with Bitcoin (BTC), Ethereum (ETH) and the stablecoin Tether (USDT).
With the exception of Payop, all payment methods are accepted by the broker free of charge for both deposits and withdrawals.
To reach BelleoFX's customer support team, clients can use either a Dubai phone number, live chat or email. According to the broker's website, the support team is available to answer questions from 10 am to 7 pm UTC+4 (6 am to 3 pm UTC).
In conclusion, we see BelleoFX as potentially a solid forex broker for those who want to trade stock CFDs on the familiar MT5 platform. Being headquartered with a physical office in Dubai, it's also clear that this broker could turn out to become an attractive alternative for traders based in the UAE and the greater Middle Eastern region.
