BelleoFX Journal

Journal status: live
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BelleoFX Profile
Website
Year
2020
Country
Mauritius
Branches
1
Regulation
FSC Mauritius
Registration
FSC Mauritius, FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Afghanistan, Bahamas, Burundi, Central African Republic, Congo, Crimea, Cuba, Democratic Republic of Congo, Eritrea, Haiti, Iran, Israel, Libya, Myanmar, Nicaragua, North Korea, Panama, Somalia, Sudan, Syria, Turkmenistan, US, US Virgin Islands, Western Sahara, Yemen, Zimbabwe
Broker type
STP, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
1000 ms
LPs total
4
LPs quality
not disclosed
LPs names
not disclosed

BelleoFX Accounts
STP
ECN
Minimum Deposit
100 $
10000 $
Leverage
500 : 1
200 : 1
Minimum Lot
0.01 lots
0.1 lots
EURUSD spread
1.2 pips
0 pips
Commission
0 $/lotRT
5 $/lotRT
Volume
40 lots
40 lots
Margin Call
50 %
50 %
Stop Out
30 %
30 %
Execution
Market
Market
Spread
floating
floating
Scalping
...
...
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Cad, FasaPay, Perfect Money, Payop, Bitcoin, Tether, Ethereum
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is BelleoFX safe?

  • Investor protection: no
  • Regulation: FSC Mauritius
  • Registration: FSC Mauritius, FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is BelleoFX trusted?

  • Information transparency: sufficient ★★★
  • Customer service: ...
  • BelleoFX website: highly detailed, updated ★★★★★
  • BelleoFX popularity (by visitor count): low visits ★★

How BelleoFX works



Do you allow Expert Advisors?
Expert Advisors (EAs) are allowed. Moreover, the MetaTrader 5 platform allows you to run more than one Expert Advisor simultaneously. However, make sure you are not using latency trading or any other toxic styles of trading.


d) In case the Client uses an electronic advisor performing over 30 requests per minute the Company reserves a right to ban such EAs.;

9.5.3. The current rates for the underlying assets are those calculated by the Company on the basis of the quotes received by the Company. All issues regarding the market prices determination lie within the sole cognizance of the Company.

3.3.7. Spread on trading accounts can be widened before, in time and after economic, political and other news releases, during the Gap, at the time of Market opening (on Monday) as well as at the time of low market liquidity and when a market situation is conditional on high spreads.

3.3.8 For instruments with fixed spread or fixed commission, the Company reserves the right to increase spread in case spread on the basic contract exceeds the size of fixed spread.

4.3.5. Orders of all types shall not be placed closer than a stated number of points to the current market quote. The minimum distance in points from the level of a placed order to the current quote (pending order level) for each tool is stated in tool specifications at the Company website.

4.3.5.1. If the order is executed in irregular market conditions, Stop levels may be increased.

3.6.5. When after a mandatory position closure the Client account has a negative balance, compensation is added to the account, which sets the account to zero. However in special cases (when the Company considers Client’s actions as intentional) the Company reserves the right to claim a debt payment from the Client.



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