Belleofx-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2024-12-19 17:35

Ikhtisar：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
Founded	2019
Registered Country/Region	Mauritius
Regulation	Not regulated
Market Instruments	1,000+, forex, stocks, indices and commodities
Demo Account	✅
Leverage	Up to 1:500
Spread	From 1.2 pips (Standard account)
Trading Platform	MT5, BelleoFX Go, WebTrader
Min Deposit	$10
Customer Support	Live 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.

Pros and Cons

Pros	Cons
Various trading assets	Not regulated
Demo accounts offered	No 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.

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 Type	Standard	Swap-Free	Zero Spread	PRO	100% Bonus	PAMM	Cent
MinDeposit	$50	$1 000	$1 000	$10,000	$500	$2 000	$10
Spread from	1.2 pips	1.5 pips	0 pips	0 pips	1.8 pips	1 pip	0 pips
Commission	❌	❌	From $15/lot	$5/lot	❌	❌	$2.4/lot
Swaps	✔	❌	✔	✔	✔	✔	✔

Leverage

BelleoFX's leverage depends on different assets.

Asset Class	Max Leverage
Currencies	1:500
ZARJPY	1:100
Metals	1:200
Energies	1:100
Indices	1:50

High leverage will bring high profits but high losses.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	iOS, Android, Windows, Mac and Web	Experienced traders
MT4	❌	/	Beginners

Deposit and Withdrawal

Deposit Options

Deposit Options	Min Deposit	Fees	Processing Time
Bank transfer	500 USD	❌	1-5 working days
Visa	50 USD		Instant
Mastercard
Maestro
Neteller		1%
Skrill		1%
Payop		From 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		❌