BelleoFX
Regulated By : FSA, FSC
Headquarters : UAE
Min Deposit : $100
US Clients :
Leverage : 1:500
Established Year : 2020
BelleoFX Overview
Company Information
Broker Details | Info |
---|---|
RegulatorsWhat Is Regulation?Forex regulation is therefore all about consumer protection. Regulated Forex brokers are less likely to cheat their clients and where such infractions happen, regulators are empowered by the laws of their respective jurisdictions to apply appropriate sanctions. | FSA, FSC |
Country | UAE |
Base CurrenciesWhat is Base Currency?In the forex market, currency unit prices are quoted as currency pairs. The base currency – also called the transaction currency - is the first currency appearing in a currency pair quotation, followed by the second part of the quotation, called the quote currency or the counter currency. For accounting purposes, a firm may use the base currency as the domestic currency or accounting currency to represent all profits and losses. | USD |
Type Of BrokersBroker TypesThere are two types of brokers: regular brokers who deal directly with their clients and broker-resellers who act as intermediaries between the client and a larger broker. Regular brokers generally are held in higher regard than broker-resellers. | ECN |
Trading PlatformWhat is Trading Platform?A currency trading platform is a software interface provided by currency brokers to their customers to give them access as traders in the Forex markets. This may be an online, web-based portal, mobile app, a standalone downloadable program, or any combination of the three. | MT5 |
Established Year | 2020 |
Website Language | Arabic, Chinese, English, Tiếng Việt, Português, ไทย, Bahasa Indonesia, Bahasa Malaysia, Spanish, Hindi, Persian, Portuguese, Español, Russian, Japanese, Punjabi, Marathi, Turkish, Korean, French, Italian |
US Clients |
Payment Option
Method | Getway |
---|---|
Acc Funding Methods | Wire transfer, Master Card, Visa Card, FasaPay, Perfect Money |
Acc Withdrawal Methods | Wire transfer, Visa Card, Perfect Money, Master Card, FasaPay |
Transaction Fees
Getway | Fees |
---|---|
Wire transfer | 1% - 4% of the transaction amount |
Master Card | 1.9% - 2.9% of the transaction amount |
FasaPay | 2.9% + $0.30 per transaction |
Trading Account Options
Type | Info |
---|---|
Maximum LeverageForex LeverageLeverage is the use of borrowed funds to increase one's trading position beyond what would be available from their cash balance alone. ... Forex traders often use leverage to profit from relatively small price changes in currency pairs. Leverage, however, can amplify both profits as well as losses. | 1:500 |
Mini AccountWhat Is Mini Account?A forex mini account is a foreign exchange (FX) account which allows beginner traders to enter the currency market using smaller size (mini lot) positions and trading quantities, thus lowering the funds at risk and limiting potential losses. | |
VIP Accounts | |
Segregated AccountsWhat Is Segregated Account?Segregated account is an important term in the context of Forex trading in which a broker holds their client funds in segregated (separate) accounts that are different from the broker's core banking account. Segregated accounts are used to differentiate between the broker's working capital and its client investments. | |
Free Demo Accounts | |
Managed AccountsWhat Is Managed Accounts?A managed forex account is where a professional trader/money manager manages the trading on the clients' behalf. The account is made up of a personalized portfolio owned by a single investor. The portfolio and account is handled accordingly to the investors needs. | |
Pro Account | |
Minimum Deposit | $100 |
Islamic AccountWhat Is Islamic Account?An Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in the Islamic stock market following the principles of Islamic finance. ... As Sharia law prohibits the accumulation of interest, traders with Islamic accounts do not pay or receive interest rates. |
Contact Information & Support
Type | Info |
---|---|
Telephone No | +971 4 541 7900 |
support@belleofx.com | |
24 Hours Support | |
Support During Weekends | |
Address | Office 3501, Burj Al Salam, Trade Center First, Sheikh Zayed Road, Dubai, UAE |
Website | https://belleofx.com/ |
BelleoFX Trading Features
Suitable For
Trader Level | Yes/No |
---|---|
Publicly Traded | |
Beginners | |
Day Trading | |
Weekly Trading | |
Professionals | |
Swing Trading |
Spreads And Commission
Trader Level | Yes/No |
---|---|
Minimum SpreadsWhat Is Spreads?The forex spread is the difference between a forex broker's sell rate and buy rate when exchanging or trading currencies. Spreads can be narrower or wider, depending on the currency involved, the time of day a trade is initiated, and economic conditions. | 1 |
Commission | |
Fixed Spreads |
BelleoFX Release 6 Bonuses
Trading Services
Service | Info |
---|---|
HedgingWhat Is Hedging?Hedging with forex is a strategy used to protect one's position in a currency pair from an adverse move. It is typically a form of short-term protection when a trader is concerned about news or an event triggering volatility in currency markets. There are two related strategies when talking about hedging forex pairs in this way. One is to place a hedge by taking the opposite position in the same currency pair, and the second approach is to buy forex options. | |
News Trading | |
ScalpingWhat Is Scalping?Scalping in the forex market involves trading currencies based on a set of real-time analysis. The purpose of scalping is to make a profit by buying or selling currencies and holding the position for a very short time and closing it for a small profit. | |
Automated Trading | |
IndicesWhat Is Indices?The indices track the underlying prices of the currency pairs within that index. If the individual forex prices in that index increase, then the value of the index will go up. Conversely, if the individual FX prices decrease, then the value of that index will fall. | |
CommoditiesWhat Is Commodities?The commodity pairs, or commodity currencies, are those forex currency pairs from countries with large amounts of commodity reserves. ... Traders and investors looking to gain exposure to commodity price fluctuations often take positions in commodity currency pairs as a proxy investment to buying commodities. | |
Forex instruments | |
CFDs | |
ETFs | |
Stocks | |
Bonds | |
Cryptocurrencey | |
Trading Signals | |
Educational Service | |
Copy/Social Tradings |
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Alex Sam Says :
BelleoFX offers a wide range of trading tools and resources. Their technical analysis tools have been particularly helpful in making informed trading decisions. This BelleoFX review is a testament to their comprehensive offerings.
AbdulMoeed Says :
BelleoFX caught my attention through a broker review that praised its user-friendly interface and comprehensive educational resources. My experience has been positive so far, aligning well with what the BelleoFX review mentioned.
Mike Casey Says :
It’s been around a year that I am trading with BelleoFX and that’s why I am sharing my part of this broker review. My experience so far is amazing and they have helped me very well in all stages starting from onboarding until smooth trading on a day to day basis. I gave them full marks for their services.
Ashar Rehman Says :
I can confidently say after doing an in-depth broker review about BelleoFX that they offer a great trading experience with cutting-edge app and a responsive support team that helps you throughout your trading journey.
Ashar Rehman Says :
Thanks for this broker review. For me, BelleoFX outshines other brokers because of its seamless user experience and multiple trading options. The customer service is both quick and effective.
JohnVHudson Says :
Thank you, BelleoFX, for your outstanding service. I’ve been trading with you for over a year, and I’m happy to continue relying on you as my trusted broker. Your support team is consistently attentive. After hearing about my positive experiences, several friends from my trading network are eager to join as well.
Saad Anis Says :
BelleoFX’s platform is super easy to navigate, and executing trades is a breeze. I don’t have to struggle with any complex processes—it’s all straightforward and efficient.
Noman Siddiqui Says :
I’ve been trading with BelleoFX for 8 months, and I have to say, their mobile app design is impressive. It’s sleek, lightweight, and performs well even during busy trading times. I like the speed of execution and how customizable the platform is. Definitely one of the better brokers out there.
Abdul Sammad Says :
BelleoFX has been my starting point in trading, and I’m glad I chose it. I spent my first few weeks exploring their demo account, getting comfortable with the platform. Now, using a professional account, I find the experience seamless and supportive. BelleoFX has definitely earned my trust.
Dave M Cotton Says :
I first encountered BelleoFX at the Forex Expo last year, and they stood out to me right from the start. Their booth had an upbeat vibe, and the team was knowledgeable and friendly. After visiting their office on Sheikh Zayed Road, I was confident enough to open a demo account, and soon after, I became a full-time customer. Over a year in, and I’m still impressed by the platform and support team. Definitely recommend!
Muzambil irshad Says :
BelleoFX has been a dependable trading platform for me. I appreciate how intuitive the app is—I’m not the most tech-savvy, but I can still manage everything smoothly. No complaints so far
SaibalPolison Says :
As someone who’s tech-savvy, I’m impressed with the design and speed of BelleoFX Go. The app is intuitive, and I love that it updates trades in real-time. It’s exactly the kind of seamless experience I want in a trading platform.