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BelleoFX Review: Is BelleoFX a Safe Broker for Your Trading?

BelleoFX is an ECN/STP forex and CFD broker based in Mauritius, founded in 2020. Regulation: BelleoFX is a brand name of Belleo Markets (Mauritius), BelleoFX (St. Vincent and The Grenadines) and Belleo Markets - Rep.Office (UAE). This BelleoFX review explains its regulation, trading costs, account types, payment methods and bonuses in plain words, so you can decide quickly if it fits your trading.

★ Broker reviewMT5 / cTrader ECN/STP ✓ Regulated

BelleoFX at a Glance

A regulated forex and CFD broker with a $100 minimum deposit, spreads from 0.0 Pips, leverage up to 1:500* and MT5 / cTrader platforms. Hedging, scalping and news trading allowed.

Foundation year
2020
Regulation
BelleoFX is a brand name of Belleo Markets (Mauritius), BelleoFX (St. Vincent an...
Headquarters
Level 6, Ken Lee Building 20 Edith Cavell St, Port Louis, Mauritius
Promotion
20% Forex Tradable Bonus
ForexAllBonus score5.0/5★★★★★ Editor rating
Min. deposit
$100
Max leverage
1:500*
Spreads from
0.0 Pips

Trading CFDs carries a high risk of losing money.

BelleoFX Broker Overview

By ForexAllBonus Editorial Team· 14 min read· Fact-checked against broker data

Here is every key fact about BelleoFX in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.

BelleoFX key facts
FeatureBelleoFX
Broker nameBelleoFX
Foundation year2020
HeadquartersLevel 6, Ken Lee Building 20 Edith Cavell St, Port Louis, Mauritius
CountryMauritius
Telephone+971 4 541 7900
Email / Skypesupport@belleofx.com
Regulated byBelleoFX is a brand name of Belleo Markets (Mauritius), BelleoFX (St. Vincent and The Grenadines) and Belleo Markets - Rep.Office (UAE).
Type of brokerECN/STP
Min. deposit$100
Max leverage1:500*
Min. spreads0.0 Pips
Funding methodsBank wire, Debit/Credit card, Advcash, Perfect Money, Binance, Bitcoin, Ethereum, Litecoin Tether, Skrill, Neteller, Sofort
Withdrawal methodsBank wire, Debit/Credit card, Advcash, Perfect Money, Binance, Bitcoin, Ethereum, Litecoin Tether, Skrill, Neteller, Sofort
Base currenciesUSD, EUR, GBP, AUD
LanguagesEnglish
Trading platformsMetaTrader5, cTrader, MT5 WebTerminal, MT5 Android, MT5 iPhone Trader, MT5 iPad Trader, MT5 MultiTerminal, WebTrader
Tradable instrumentsForeign Exchange (FX), Commodities, Indices, Shares/Stocks, CFDs, Cryptocurrency
Web trading✓ Yes
Mobile trading✓ Yes
News trading✓ Yes
Hedging & scalping✓ Yes
Free demo account✓ Yes
Mini accounts✓ Yes
VIP accounts✓ Yes
Managed accounts✓ Yes
Segregated accounts✓ Yes
Islamic accounts✓ Yes
Swap free accounts✓ Yes
No deposit bonus✗ No
Promotion20% Forex Tradable Bonus

In simple words: traders get MetaTrader5 and cTrader, spreads from 0.0 Pips, leverage up to 1:500* and a $100 minimum deposit. New clients can also check the current 20% Forex Tradable Bonus. Tradable markets include Foreign Exchange (FX), Commodities, Indices, Shares/Stocks, CFDs, Cryptocurrency.

Is BelleoFX Safe? Regulation and Company Details

BelleoFX is a regulated broker. BelleoFX is a brand name of Belleo Markets (Mauritius), BelleoFX (St. Vincent and The Grenadines) and Belleo Markets - Rep.Office (UAE). The broker says client money is kept in segregated accounts, separate from company funds.

RG

Regulation

BelleoFX is a brand name of Belleo Markets (Mauritius), BelleoFX (St. Vincent and The Grenadines) and Belleo Markets - Rep.Office (UAE).

HQ

Head office

Level 6, Ken Lee Building 20 Edith Cavell St, Port Louis, Mauritius (Mauritius)

SF

Client funds

Client money is held in segregated accounts, apart from company funds.

YR

Track record

In business since 2020. Support is reachable by phone and email.

Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500*.

BelleoFX Trading Conditions

Spreads and commissions

BelleoFX spreads start from 0.0 Pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.

Leverage

Maximum leverage reaches 1:500*, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.

Trading platforms

MetaTrader5

Desktop platform

cTrader

Desktop platform

MT5 WebTerminal

Web platform

MT5 Android

Mobile platform

MT5 iPhone Trader

Mobile platform

MT5 iPad Trader

Mobile platform

MT5 MultiTerminal

Web platform

WebTrader

Web platform

Trading styles allowed

Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.

  • Bonus is available for new and existing clients of BelleoFX. Promotion runs from 01.02.2023 until 30.04.2023.
  •     The minimum deposit required to apply for a 20% bonus is $1000.
  •     This offer is applicable only on Bonus Account. Only one Bonus account is allowed per client.
  •     The maximum 20% bonus amount per customer is $2000.
  •     This bonus is tradable and losable, and can be withdrawn.
  •     The bonus shall be added into your MT5 account as a credit.
  •     From the moment of receiving a 20% bonus, it has an expiry within 60 days. BelleoFX will remove the remaining bonus amount after 60 days.
  •     Stop Out level is 30%. Margin Call is at 50% of margin level.
  •     It is advised to claim a bonus right after your deposit is credited to your trading account. Bonus should be requested during 2 business days from the confirmation of the deposit transaction.
  •     This bonus cannot be used in combination with any other bonuses.
  •     The bonus cannot be added after the internal transfer deposits and to deposits from contests/promotions etc.
  •     BelleoFX reserves the right to reject the bonus request from any client without explaining the reasons.
  •     If the customer performs any withdrawal out of a Bonus account, then removal of all the bonus amount will take place.
  •     Clients are allowed to withdraw the Bonus if they meet the required threshold of Trade lots, which is only 0.25 times of the Deposit amount. Trading volume will be calculated from FX currencies and commodities only.
  •     Expert Advisors (EAs) are allowed, however they should comply with Company policies.
  •     In the event of any fraud, suspected abuse or manipulation of this bonus policy by client, the Company reserves the right to correct the trading calculation and withdraw/remove the provided bonus funds.
  •     In case any of the clients will cause any financial harm/damage by hedging the positions with other brokers at the time of using our bonus, the Company has the right to review and adjust the trading calculations.
  •     20% Tradable Bonus Terms and Conditions provided in addition to the Client Agreement and Terms & Conditions of BelleoFX. Please make sure to comply with our company policies. Company has a right to adjust and delete the trade orders as well as refuse to continue providing services to the customer by returning the body of the deposit at any time.
  •     If the Company suspects or has reason to believe that a Client has abused the terms and conditions of this Bonus promotion by hedging his positions internally (using other trading accounts with Company) or externally (using other trading accounts held with other brokers), then the Company reserves the right, without the Client’s consent, to withdraw immediately the Bonus amount from the Client’s trading account(s).
  •     In the event that any stop-losses or stop-outs are incurred by Client as a result of Bonus removal, the Company will not be held liable.
  •     A client can cancel a deposit bonus at any time. Once the deposit bonus is canceled, it can't be reinstated.
  •     Clients who are onboarded via Belleo Markets Mauritius (FSC) are not eligible for the Bonus.
  •     Any situation not described in these rules shall be subject to the Company's decision.
  •     Company reserves the rights on all matters concerning the Bonus promotion. All decisions are final and non-disputable.

BelleoFX Account Types

BelleoFX offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $100 deposit.

Free demo account

Practise with virtual money and test strategies risk-free.

Mini accounts

Smaller trade sizes and a low entry cost for beginners.

VIP accounts

Tighter pricing and priority service for larger balances.

Managed accounts

Let a strategy provider or money manager trade for you.

Segregated accounts

Client funds are kept apart from company money.

Islamic / swap-free

No overnight swap charges, in line with Sharia principles.

You can open accounts in these base currencies: USD, EUR, GBP, AUD. Choosing the currency you spend in helps you avoid conversion fees.

  • 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.
  •  
  •     Introduction
  •         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.
  •         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.
  •         Clients can increase their leverage by receiving 100% Bonus Credits on each qualifying deposit they make into an approved Account.
  •     Terms and Conditions
  •         The Bonus Scheme can be applied to Bonus Account only.
  •         The leverage of the underlying Account will prevail.
  •         The Bonus Scheme will be automatically applied on the Client’s initial minimum deposit of USD 500 or more and subsequent deposits of USD 500 or more into the live trading account to which the Bonus Scheme has been applied.
  •         For Example: If a Client deposits USD 1000 into an approved live account to which the Bonus Scheme has been applied, a 100% bonus credit of USD 1000 will be credited to the account, effectively doubling the Client’s equity.
  •         The Bonus Scheme can be applied on internal transfers to the live trading account to which the Bonus Scheme has been applied.
  •         The Bonus Scheme can be applied to one (1) Account per Client and per IP address only. If a Client has already applied the Bonus Scheme to a live Account, no other Account may be opened under any circumstances with this Bonus Scheme.
  •         The cumulative maximum Bonus Scheme credit amount that can be earned by a Client is USD 25,000.
  •         The Bonus Scheme credit can be used to increase a Client’s leverage but cannot be lost.
  •         In the event when a client deposits more than USD 25,000, then he will be able to maintain a USD 25,000 credit bonus.
  •         The Bonus Scheme is for trading purposes and can be withdrawn as per 2.14 clause.
  •         There is no margin call alert while the Bonus Scheme applied.
  •         Clients cannot switch between bonus programs offered by the Company. If you no longer wish to use a trading account with a bonus, please send an email to support@belleofx.com requesting to archive the bonus account.
  •         The 100% Credit Bonus will be deposited into the client's trading account within 24 hours since actual deposit was approved and credited to the trading account.
  •         Expert Advisors (EAs) are allowed, however they should comply with Company policies.
  •         Bonus is withdrawable if:
  •             Within 2 months from the date of bonus crediting the client completed a 20% of a bonus amount in lots from FX currencies and commodities.
  •             Or, within 1 month from the date of bonus crediting the client completed a 10% of a bonus amount in lots from FX currencies and commodities.
  •         Example:
  •         Client received a bonus of 1000$. Within 1 month he has to complete 10% from the bonus amount in lots, which is 100 lots. Or within the 2 months he has to complete the 20% amount in lots, which is 200 lots.
  •         Stop Out level is 30%. Margin Call is at 50% of margin level.
  •     Operating Terms
  •         Any withdrawal made from the Client’s Account will result in a reduction of the Bonus Scheme on a 1:1 basis. This applies to withdrawal of profits and deposits made by the Client.
  •         For Example: If a Client deposits 200 USD into his approved Bonus Scheme Account he will receive a 100% Bonus Credit of 200 USD. If the Client then withdraws 100 USD, the same amount will be removed from the Bonus received by the Client.
  •         The Company will not be held liable for any losses that the Client may incur as a result of the removal of all or part of the Bonus Scheme received by a Client due to a withdrawal.
  •         Any Bonus Scheme amount received and/or removed counts towards the maximum cumulative Bonus Scheme amount.
  •         The Bonus Scheme can only be applied to the Account for which the Bonus Scheme has been approved and the amounts received cannot be transferred between a Client’s trading Accounts.
  •     Termination of the Bonus Scheme
  •         The Company reserves the right, at its absolute discretion, to unilaterally modify or terminate this Bonus Scheme or any of the Terms and Conditions included herein, at any time, without the Client’s consent.
  •         The Company reserves the right to refuse offering this Bonus Scheme at its sole discretion without the need to provide justification. The Company will not be liable for any stop outs or any other consequences that result out of a Bonus cancellation and/or removal.
  •         If the Company suspects or has reason to believe that a Client has abused and/or manipulated the Terms and Conditions of this Bonus Scheme by hedging his positions internally (using other trading accounts held with Company) or externally (using other trading accounts held with other brokers) and/or has not acted in good faith, the Company reserves the right, at its absolute discretion and without obtaining the Client’s consent, to remove the Bonus Scheme from the Client’s Trading Account(s) or from his winning hedged Accounts with immediate effect.
  •         If the Company suspects or has reason to believe that a Client has more than one account under this Bonus Scheme, the Company reserves the right, at its absolute discretion and without obtaining the Client’s consent to remove the Bonus Scheme from the Client’s Trading Account(s) with immediate effect. The Company accepts no liability whatsoever for any loss resulting from the Stop Out of open positions after any Bonus removal in accordance with these Terms and Conditions
  •     Disputes
  •         Any dispute or situation not covered by these Terms will be resolved by the Company’s Management in a fair manner.
  •     Declarations
  •         The Client acknowledges that Forex and CFDs are leveraged products which involve a high level of risk. When trading in such products, it is possible for Clients to lose all their invested capital. These products may not be suitable for everyone and Clients should ensure that they understand the risks involved. Clients should seek independent advice if necessary.
  •         These Terms and Conditions are made in the English language. Any other language translation is provided as a convenience only. In the case of any inconsistency or discrepancy between original English texts and their translation into any other language, as the case may be, original versions of English shall prevail.

Deposits and Withdrawals at BelleoFX

BelleoFX supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.

  • Bank wire
  • Debit/Credit card
  • Advcash
  • Perfect Money
  • Binance
  • Bitcoin
  • Ethereum
  • Litecoin Tether
  • Skrill
  • Neteller
  • Sofort

E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.

BelleoFX Bonus and Promotions

Bonuses are a big reason traders search for BelleoFX. Availability depends on your country and the account type.

  • 20% Forex Tradable Bonus — the current promotion for BelleoFX clients. Check the volume rules before you claim it.

How bonus credit really works

  • Bonus credit is used as margin; it usually cannot be withdrawn directly.
  • Profits made with the bonus are yours, but a minimum trading volume often applies first.
  • Withdrawing money early can remove part or all of the bonus.
  • Bonuses are not offered in every country or on every account type.

Bonus terms change often. Always read the latest rules on the official BelleoFX website before accepting any offer.

BelleoFX Pros and Cons

Pros

  • Regulated: BelleoFX is a brand name of Belleo Markets (Mauritius), Bel...
  • 20% Forex Tradable Bonus
  • Low $100 minimum deposit
  • Spreads from 0.0 Pips, ECN/STP execution
  • MetaTrader5 and cTrader and more platforms
  • Hedging and scalping allowed
  • Islamic, mini, VIP and managed accounts

Cons

  • No no-deposit bonus
  • Bonus comes with trading-volume rules

How to Open a BelleoFX Account

  1. RegisterFill in your name, email, country and phone number on the BelleoFX sign-up page.
  2. Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
  3. Choose an accountPick the account type, base currency, leverage and platform (MT5 / cTrader).
  4. Fund and tradeDeposit from $100 with your preferred method, claim any eligible bonus, then log in and start trading.

About BelleoFX

BelleoFX is a brand name of Belleo Markets (Mauritius), BelleoFX (St. Vincent and The Grenadines) and Belleo Markets - Rep.Office (UAE).

Belleo Markets (MU) incorporated in the Republic of Mauritius with registration number 186405 GBC. Company is regulated by the Financial Services Commission (FSC) of Mauritius as an Investment Dealer (Broker), with a license number GB21027167.

BelleoFX (SVG) is registered by Financial Services Authority (FSA) of St. Vincent & The Grenadines as an International Business Company with registration number 26000 BC 2027.

Belleo Markets - Rep. Office (UAE) is a branch of foreign company (Belleo Markets Mauritius), registered and regulated by DET with a license number 1074850

Official website: BelleoFX

Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.

Final Verdict: Should You Choose BelleoFX?

BelleoFX earns 5.0/5 — a $100 entry cost, MT5 / cTrader platforms and a track record since 2020.

BelleoFX suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.

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