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BelleoFX Review
BelleoFX is a Dubai run CFD broker licensed in Mauritius, with linked entities in St Vincent and the UAE. Independent sites report complaints about bonus terms.
Min Deposit
$10
Spreads From
0 pips on the Cent account, plus a $2.4 per lot commission
Max Leverage
1:500
Platforms
MetaTrader 5, BelleoFX Go mobile app
Pros
- Holds a Mauritius FSC Investment Dealer license, number GB21027167
- Seven MetaTrader 5 account types cover cent trading up to professional pricing
- Very low entry cost with a 10 dollar minimum deposit on the Cent account
- Full KYC checks are required before any deposit is accepted
- BelleoFX Go mobile app adds trading on iOS, Android, and web
Cons
- Mauritius FSC gives lighter oversight than the FCA or ASIC
- St Vincent entity is only a company registration, not a trading license
- Independent sites report complaints about bonus terms and cancelled profits
- The 100 percent bonus needs real trading volume before it can be withdrawn
BelleoFX is a CFD broker run from Dubai and founded in 2020. Its main license comes from Belleo Markets Mauritius, an Investment Dealer authorised by the Mauritius FSC. Two more group entities cover St Vincent and the Grenadines and the UAE. A 2022 UK FCA warning about BelleoFX was later removed after review.
Traders can pick from seven MetaTrader 5 account types, including Standard, Cent, Zero Spread, Pro, and a Bonus account. The minimum deposit starts at 10 dollars on the Cent account, and leverage can reach 1:500. Independent research found EEA residents could open an account despite BelleoFX holding no EEA license, well above the EEA leverage cap of 1:30.
Mauritius gives lighter oversight than the FCA or ASIC, and the linked St Vincent entity is only a company registration, not a trading license. Independent review sites and forums report complaints about bonus terms, cancelled profits, and blocked withdrawals. BelleoFX does not accept clients from the United States.
Min. Deposit
USD 10
Max Leverage
1:500
Spreads From
0 pips on the Cent account, plus a $2.4 per lot commission
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
