Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Basic information from BelleoFX review
About the broker
| Web: | https://belleofx.com |
| Supported languages: | English |
| Year of foundation: | 2016 |
| Holder: | Belleofx Global Limited |
| Headquarters: | 71-75 , Shelton Street , London, Greater London , WC2H9JQ , UNITED KINGDOM |
| Methods of contacting customer support: | E-mail, online chat |
| Contact: | support@belleofx.com N/A |
| Deposit methods: | Bank transfer, Debit and Credit Cards, Moneybookers, Neteller, UnionPay |
| Withdrawal methods: | Bank transfer, Debit and Credit Cards, Moneybookers, Neteller, UnionPay |
About trading with BelleoFX
| Minimum deposit: | 500 USD |
| Min. trade: | 0.01 |
Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions. | 1:400 |
| Spreads: | Look at the spread table - minimal spread on the currency pair EUR/USD is 0.6 pips * on a standard account type |
Underlying assets: Might be a CFD. | Forex, stocks, commodities, indexes |
| Base currencies: | USD |
| Mobile app: |  |
| MetaTrader 4: |  |
| Other trading platforms: | MT5 |
| Social trading: | |
Spreads & fees
Fees of most brokers change relatively often and unfortunately it is not in our possibilities to keep up-to-date information about fees at BelleoFX, of course you can find current info on their website https://belleofx.com.
Minimal spreads at BelleoFX on standard account*
| EUR/USD | GBP/USD | USD/JPY | EUR/GBP | USD/CHF | EUR/JPY |
|---|---|---|---|---|---|
| 0.6 |
* Spread was taken 17.09.2020 at 10:13 from the web or trading platform of BelleoFX.
Random reviews of competing CFD brokers: MyFXChoice, WindsorBrokers, FPMarkets and SkyAllMarkets
Frequently Asked Questions
🧐 Is BelleoFX a scam?
We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if BelleoFX is a scam or not.
🆓 How to open a free demo account?
Opening a demo account with BelleoFX is very simple, just register on their website.
📱 Does BelleoFX offer the best mobile app for trading?
BelleoFX offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.
We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the BelleoFX mobile app.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
| Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
|---|---|---|---|---|---|---|
 | | 100 USD | 1.0 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Etoro. |
 | | 0 | 0.9 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of XTB. 74% of retail investor accounts lose money when trading CFDs with this provider |
 | | 100 USD | 0.8 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Plus500. 80% of retail investor accounts lose money when trading CFDs with this provider |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 51% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.
That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.
If you have any experience with BelleoFX, please share it in the comments to help others to choose the suitable broker.
I travel frequently, so I need a platform I can access anywhere. BelleoFX’s mobile app has been incredibly reliable no matter where I am, and it keeps me connected to the market 24/7. Highly recommend it to travelers!
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Overall, BelleoFX has been a great broker for me. The mobile app is reliable, and they offer plenty of trading tools to help. There’s room for improvement in expanding market access, but everything else has been spot on.
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New to trading, but BelleoFX has made it less intimidating. I started with the demo account, which was really helpful, and now I feel comfortable trading for real. The educational content is a huge bonus for beginners. Happy to recommend!
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I’m a part-time trader, and what I appreciate most about BelleoFX is that there are no unexpected fees or hidden costs. I can trade when I want without stressing about extra charges sneaking up on me. Their transparency is refreshing, and so far, the platform has delivered exactly what I need without any surprises.
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I’ve been using BelleoFX for over a year, and it’s honestly one of the best brokers I’ve worked with. The platform is reliable and easy to navigate, even when I’m in a new location. The mobile app has a seamless UX that makes quick trades easy, and I’m impressed with how simple it is to stay on top of things. I recommend BelleoFX to anyone looking for a stable, well-supported platform.
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I’ve been trading with BelleoFX for over a year, and their platform is solid. The speed of execution is fantastic, and I appreciate the advanced charting tools available on MT5. The app is lightweight, and I can easily make trades on the go. A great choice for anyone serious about trading.
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Trading with BelleoFX has been such a positive experience for me. Their platform is fast and reliable, and the customer service team is always there when I need help. Their competitive spreads make trading even better. As a happy customer, I’m glad I chose BelleoFX.
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Thanks for such a comprehensive BelleoFX broker review. So far my trading journey with them has been great. I started online trading last year and signed up with BelleoFX around 10 months ago. The best part of their services is quality customer care and that made me stay with them for a long period of time now. So I really recommend them highly.
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My experience with BelleoFX has been excellent. The BelleoFX review I read before joining highlighted their competitive pricing and efficient platform, which I’ve found to be accurate. This broker review truly reflects the quality service BelleoFX offers.”
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Belleofx is a scam. Don’t trust!
I had three broken accounts at Belleofx with the participation of the brokerage itself. I have everything documented, prints, conversations, videos…
1 – Without my permission, belleofx put my accounts in a PAMM. I never allowed it.
2 – I entrusted accounts to a manager who only works at belleofx ‘davee_wilson’, instagram. He gave me read password for an account, ALVIN, which had more than 1000% profit and small drawdown. On 28-06-2022 he made 5 buy operations on gold, at 1 lot. On Friday he repurchased at 1.5. On Monday those orders disappeared! It was here that I realized it was manipulation.
3 – I was worried about their manipulation and wanted to withdraw my accounts, one by one. On google there are several people saying they lost money. With a lot of work I managed to withdraw the balance of one of them. The broker’s eric said that all I had to do was close the negative orders, accept the loss and withdraw the rest. OK. I did it
4 – After the manager finally made a profit, I went to withdraw the balance from the second account. I finished the 6 gold orders, I changed the account password so that no new orders came in. Minutes later all my accounts were broken!
5 – In all accounts appeared orders that did not exist! Believe me, lots and lots of 1 lot orders on XAGUSD. 500usd account showing that it would have entered the market with 12 lots of XAGUSD.
6 – I questioned the manager and was told that the accounts were in a PAMM and closing the negatives caused all accounts to be broken! Lie! All accounts were positive!
The account had started with 515, made gains in several days and after I closed the negatives it stopped at 564. Then I changed the password. Mysteriously appear several XAGUSD orders and everything broken.
7 – The broker’s eric doesn’t answer my questions anymore.
8 – BelleoFX has blocked my accounts from the server. My accounts show ‘connection failure’. Their fake account only shows ‘invalid password’. That is, their server is active. But my accounts are blocked.
Will you trust it?
I have everything documented! I want to find out which regulatory body I can report to.
It’s a scam . Don’t fall for them . They show you fake accounts with profit and ask you to deposit more . Never ever open account with them
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Personal help personal manager is provided , that is best about this broker
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Took so many days for KYC , but in terms of withdrawal I feel its safe and good to go broker . specially the WhatsApp support .
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