BelFX is a forex broker that was established in Belize in 2013, with its headquarters located in Belize City. The broker mainly provides services in financial derivatives trading for currencies, commodities, precious metals, stocks, indices, etc. The broker does not provide services to residents of the United States, Belize, and Japan.
Company Background
BelFX is a broker that offers trading services in currencies, commodities, precious metals, stocks, indices, etc., with the registered entity being BelFX Limited, registration number 130266, headquartered in Belize. According to information obtained from a Whois search, the domain name for BelFX's official website was registered on June 10, 2013.
Regulation Information
The official website indicates that BelFX is a regulated forex broker, overseen by the International Financial Services Commission (FSC) of Belize, holding the regulatory license number 000127/28. However, a search on the FSC's official website shows that the entity is not regulated by it.
Trading Products
BelFX offers a variety of trading products, including currencies, commodities, precious metals, stocks, indices, etc.
- Currencies: More than 45 currency pairs, flexible leverage, fast execution.
- Commodities: With BelFx, users can directly access a variety of popular global commodities. The selection for contracts for difference (CFD) commodities includes energy, grains, and soft commodities.
- Precious Metals: With BelFx, users can now trade the most profitable metals without needing to physically purchase the product.
- Stocks: Investing in global CFD stocks allows users to speculate on price changes and transfer profits.
- Indices: Engage in short and long trades on the world's most popular indices, such as DAX 30, CAC 40, and FTSE 100.
Trading Platform
BelFX offers investors the well-known MetaTrader 4 (MT4) trading platform in the forex market. This platform provides various trading indicators, expert advisory for automated trades, and a wide range of charting tools.
Account Registration
The specific method for registering an account on the BelFX official website is as follows:
First, open the BelFX official website and click “Real Account” at the top right corner of the homepage.
Then, after filling in the information step by step, the account registration can be completed.
Account Types
BelFX offers three different types of trading accounts: STANDARD, VIP, and PLATINUM, to meet the needs of different traders.
- STANDARD: Spreads from 2.3 pips, minimum deposit of $500.
- VIP: Spreads from 1.9 pips, minimum deposit of $10,000.
- PLATINUM: Zero spread, minimum deposit of $25,000.
Deposit and Withdrawal Methods
BelFX offers various deposit and withdrawal options: VISA and NETELLER.
- VISA: Maximum deposit fee of 3%.
- NETELLER: 3.9% (minimum $1).
Customer Support
BelFX provides 24/5 multilingual support, accessible through multiple channels including phone support, email support, and live chat.
- Phone Support: +357 25836996.
- Email Support: support@belfx.com.
Summary
BelFX, registered in Belize and officially claimed to be regulated by the International Financial Services Commission (FSC) of Belize, is found not to be regulated by the FSC upon verification. BelFX offers various trading products, including currencies, commodities, precious metals, stocks, indices, etc. TraderKnows advises investors that trading in financial markets involves risks. Contracts for difference (CFDs) are complex financial products traded on margin. Trading with leverage is a double-edged sword and comes with a high level of risk.
Currently, BelFX is marked as "Suspected Fraud" on TraderKnows.
