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BelleoFX broker profile

International MT5 FX and multi-asset CFD accounts, with detailed payment limits, inactivity and swap-free charges, conditional negative-balance treatment and an SVG bonus offer. Current public account, margin and complaint-policy discrepancies are kept explicit.

By FXBrokers.ai ResearchOperating status: ActiveSources checked Published
Profile scope

Main profile follows the Mauritius agreement linked from current public registration. The bonus terms expressly name SVG; no Mauritius bonus eligibility is inferred. Conflicting public price, margin and payment schedules remain visible.

  • Standard, Swap-Free, Zero Spread, Pro and Cent choices, with separately qualified PAMM and SVG Bonus offers.
  • The account matrix and agreement disagree on margin and stop-out thresholds; index leverage also differs by page.
  • Funding method minima, low-trading withdrawal charges and a monthly dormant-account percentage can affect total cost.
  • The bonus terms contain two alternative volume-and-time routes for converting conditional credit into withdrawable money.

BelleoFX is an international FX and CFD broker with Standard, Swap-Free, Zero Spread, Pro, Cent and PAMM account choices, plus a separately documented bonus offer. The core trading platform is MetaTrader 5, with the broker’s BelleoFX Go mobile app also advertised. This profile follows the Mauritius agreement linked from the public registration page. Its currency, share, index and commodity transactions settle as price differences; buying a share CFD does not provide the underlying share or voting rights.[1][2][3][16]

Account choices and opening requirements

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Account comparison01

Published account choices

Published account choices
AccountMinimum deposit as displayedStarting spreadCommission as displayedScope
Standard$501.2 pips; floatingNoneGeneral account; swaps apply.Source 5
Swap-Free$1,0001.5 pips; floatingNoneAgreement restricts eligibility and imposes a holding charge after more than two days; see costs.Source 5Source 3
Zero Spread$1,0000 pipsFrom $15 per lotAccount matrix says floating; homepage says fixed. Charging side is not specified.Source 5Source 1
Pro$10,0000 pips; floating$5 per lotA plan label, not an independently established regulatory professional-client category.Source 5
Cent$100 pips; floating$2.4 per lotThe account page does not define a cent-lot contract or a cent currency conversion.Source 5
PAMM$2,0001 pip; floatingMatrix: none; homepage: $5 per lotPublic pricing conflicts; the inspected rating page does not provide a full manager/investor agreement.Source 5Source 1Source 20

The account matrix gives MT5 access, a 0.01-lot minimum, 50% margin call, 30% stop-out and EA support for every listed plan. These figures require care: the linked agreement instead describes a margin call below 40% and mandatory close-out at or below 20%. The general FAQ’s USD 100 starting deposit also differs from the current Standard $50 and Cent $10 rows. The lower Cent opening threshold does not override the funding page’s method-specific transaction minimum.[5][3][6][12]

Process02

Opening and verification

Opening and verification
StagePublished requirementTiming or qualification
EligibilityThe agreement accepts private individuals of legal age and capable legal entities. The app disclosure excludes OFAC-sanctioned and FATF-blacklisted countries.Residence and the entity shown in the accepted application remain material; an app-store country listing is not account eligibility.Source 3Source 23
Identity and addressPassport or valid national ID, address proof no older than three months and an application form. UAE residents additionally provide a visa and Emirates ID.The payment policy requires clear complete colour copies, all corners visible, matching names, and English translation with notarisation where applicable.Source 6Source 13
ReviewFAQ: up to 24 hours. Payment policy: a maximum of 24 business hours.These are published review targets, not an observed approval time. Additional source-of-funds evidence may be requested.Source 6Source 13
Changes after openingNotify changes to personal information or expiry of ID within three business days, using the registered email and supporting evidence.The agreement permits further verification and account closure for failure to comply.Source 3

View full spreads & trading costs

Markets and instrument specifications

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Specifications03

The documented market range

The documented market range
ProductExamples or published coverageWhat is held
ForexMore than 55 major, minor and exotic currency pairs.OTC currency CFDs; the agreement excludes actual currency delivery.Source 7Source 3
Individual sharesApple, Microsoft, Netflix, Amazon, Alphabet, Tesla and Starbucks are named examples.Share CFDs; no underlying share or voting entitlement.Source 8Source 16
Equity indicesThe published table names DJ30ft, AUS200, CHN50ft, CHINA50, EUSTX50 and GER40ft.Index price exposure through CFDs, including instruments with a futures-style symbol suffix.Source 9Source 3
Metals and energyGold, silver, oil and gas.Commodity CFDs; no delivery of bullion, oil or gas.Source 10Source 3
Soft commoditiesCoffee, cocoa, sugar and cotton are named.CFD exposure, subject to the live symbol specification and any expiry.Source 10Source 3
CryptoThe FX page describes Bitcoin against fiat; the risk document discusses crypto CFDs and the agreement specifies a crypto leverage category.A complete current crypto symbol list is not supplied. Crypto funding is a separate payment service, not evidence of coin custody or of every token being tradable.Source 7Source 16Source 3Source 13

The homepage markets more than 1,000 instruments, while the general FAQ still says 330-plus and the About page says 270. The named product pages establish the categories above; the aggregate counts are not reconciled into a verified live catalogue. Per-symbol specifications are especially important for expiry, contract size, trading session and margin.[1][6][19][9][3]

Specifications04

Examples from the index specification table

Examples from the index specification table
SymbolQuote currencyContract size as publishedLeverage as publishedMinimum volume / digits
DJ30ftUSD11:2000.01 lots / 2Source 9
AUS200AUD11:2000.01 lots / 2Source 9
CHN50ftUSD11:200.1 lots / 1Source 9
CHINA50USD11:2000.01 lots / 0Source 9
EUSTX50EUR11:2000.01 lots / 2Source 9
GER40ftEUR11:2000.01 lots / 2Source 9

Trading costs, holding charges and inactivity

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Pricing & charges05

Costs beyond the account headline

Costs beyond the account headline
Cost or conditionPublished treatmentPractical scope
Spread and commissionAccount-specific starting spreads and per-lot commissions appear above.No current instrument-average spread, charging side or full asset commission schedule is defined by the matrix. PAMM commission and Zero Spread’s fixed/floating description conflict between current pages.Source 5Source 1
Overnight financingThe agreement applies swap additions/deductions from 23:59 to 00:10 platform time to positions open during 23:59–00:00.Exact current long/short rates and the platform timezone are not fixed by this clause. Expiring CFDs are closed at the last quote under the contract.Source 3
Swap-Free eligibilityThe agreement limits Swap-Free to Muslim customers and excludes Forex Exotic and CFD instruments.The stock page nevertheless promotes the Swap-Free plan. Eligibility and product treatment require the actual accepted account specification.Source 3Source 8
Swap-Free holding feeFor positions held more than two days, the agreement allows a charge for the total holding period, based on USD point value multiplied by the pair’s swap points.The text does not provide a complete live rate table. Removal for arbitrage/carry-trade use and a fee debit after email notice are reserved. Swap-Free is not a promise of indefinite zero holding cost.Source 3
DormancyAfter three consecutive months without transactions, the agreement permits a monthly fee of 5% of the current positive balance and/or account closure.A zero-balance dormant account is not charged that percentage fee, but can be closed without written notice after three months. Waiver is discretionary; the clause does not make a login alone an activity reset.Source 3
Withdrawal without sufficient tradingGeneral policy: two lots per USD 1,000 deposit, otherwise incurred banking costs or 3% of the withdrawal may be charged. Cards: five lots per USD 1,000, with 6% on a qualifying withdrawal.These are distinct policy conditions. The agreement separately reserves deposit-fee recovery or 3% where no trading occurred since the last deposit or abuse is found.Source 13Source 3

Execution, margin, devices and outages

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Specifications06

Published leverage and close-out rules

Published leverage and close-out rules
Source or account groupPublished settingQualification
Standard, Swap-Free, Zero Spread and Cent matrixFX 1:500, except ZARJPY 1:100; metals 1:200; energy 1:100; indices 1:50.Asset-specific limits take precedence over treating the FX headline as universal.Source 5
Pro, PAMM and Bonus matrixFX 1:200, except ZARJPY 1:100; metals/energy 1:100; indices 1:50.The homepage instead displays 1:500 for Bonus; the bonus programme itself is separately scoped to SVG.Source 5Source 1Source 21
Client Agreement asset categoriesMetals 1:100; CFDs 1:100; stocks 1:10; crypto 1:1.These differ from the account and index pages. The agreement reserves changes, including reduced leverage for positions held over a weekend.Source 3Source 5Source 9
Margin call and stop-outAccount page: 50% / 30%. Agreement: margin call below 40%, mandatory close-out at or below 20%.The agreement says the largest floating loss is closed first and permits closure without advance notice. The documents do not establish one reconciled current threshold.Source 5Source 3
Client leverage changesAgreement: no more than once in 24 hours, and unavailable while the account has open orders.The broker separately reserves a right to change leverage without prior notification.Source 3
Process07

Orders and execution constraints

Orders and execution constraints
OperationPublished ruleConsequence
Market executionThe agreement uses market execution for FX and stock/futures CFDs. A submitted order is established as processed when the server records it.The execution quote can differ from the request. The About page’s sub-20-millisecond claim is not a tested fill-speed guarantee; the agreement describes usual processing of one to five seconds in regular conditions.Source 3Source 19
Pending orders and validityThe agreement describes Buy/Sell Stop and Buy/Sell Limit, SL/TP and Good Till Cancelled validity, with an optional expiry setting.Orders can be entered, modified or removed during the instrument’s permitted trading hours; stop-distance and freeze restrictions depend on the specification.Source 3
GapsStop losses and stop-entry orders may use the first quote after a gap. The agreement separately describes its treatment of take-profit and limit orders.No guaranteed-stop service is established. The agreement reserves a 300-pip cap on profit from gaps exceeding 300 pips.Source 3Source 16
EA and strategy restrictionsEAs are advertised as allowed. The agreement reserves a ban where an advisor makes over 30 requests a minute and restricts latency/arbitrage or split-order activity.General EA support does not override these restrictions or create unlimited request capacity.Source 6Source 3
Cancellation and queueCancellation is possible while the order remains queued, without assurance of success; once in processing it cannot be cancelled.Closing the order window does not cancel a submitted request. A second request before confirmation can create unintended exposure.Source 3
At a glance08

Platform and device roles

Platform and device roles
InterfaceEstablished usePersistence or limitation
MT5 desktopBroker-linked desktop terminal, market and pending orders, charts and EAs.The broker’s generic chart counts are not treated as a definitive MT5 capability specification. Whether the account uses hedging or netting remains an account setting.Source 11Source 3
MT5 mobile and WebTraderThe broker links Android, iPhone and a web terminal; the MetaTrader server name in its mobile links is BelleoMarkets-Server.Desktop EA permission does not establish that an EA runs inside either mobile terminal or the web browser.Source 11Source 1
BelleoFX GoThe developer listing advertises mobile dealing, charts, price/event alerts, demo access and support.These are developer-described functions. The listing does not document a broker API or a complete equivalence with desktop order controls.Source 23
MT5 trailing stopsMetaQuotes documents the calculation in the terminal rather than on the trade server.When that terminal is off, the trailing stop stops advancing; the last stop-loss level already sent to the server remains.Source 26

For a failed connection, the agreement expressly recognises dealing through the terminal and company live chat; another clause also mentions telephone orders. Its communication section prioritises Personal Area chat for trades, and the AML policy requires successful authentication before instructions are acted on. The public documents do not identify a guaranteed emergency dealing line, acceptance clock or fixed recovery period. Record the affected order, time and response, and seek an execution confirmation rather than treating an unanswered message as a closed position.[3][14][18]

Deposits, withdrawals and transfers

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Pricing & charges09

Selected methods from the funding schedule

Selected methods from the funding schedule
MethodDeposit minimum / stated chargeWithdrawal minimum / stated chargePublished processing
Bank transferUSD 500 / freeUSD 100 / free in the table; FAQ instead says USD 500 minimum.Deposit: 1–5 working days. Withdrawal table: 1–24 hours processing; policy: bank receipt may take 1–6 business days.Source 12Source 6Source 13
Visa, Mastercard and MaestroUSD 50 / freeUSD 10 / freeTable labels deposits instant and withdrawals 1–24 hours; all requests remain subject to operations review.Source 12Source 13
Neteller and SkrillUSD 50 / 1%USD 10 / freeSame displayed instant-deposit and 1–24-hour withdrawal processing, subject to review.Source 12
PayOpUSD 50 / from 3.5%USD 10 / freeSubject to operations approval and provider processing.Source 12
FasaPay, Bitcoin and Perfect MoneyUSD 50 / freeUSD 10 / freeAmounts are USD equivalents shown by the schedule, not token amounts or network guarantees.Source 12
KoraUSD 50 / from 3.5%USD 10 / from 3.5%Subject to operations approval and provider processing.Source 12
Jetonbank and PayokUSD 50 / freeUSD 10 / freeSubject to operations approval and provider processing.Source 12
Process10

Payment controls and separate clocks

Payment controls and separate clocks
IssuePublished rulePractical effect
Business hours and approvalPayment policy: Monday–Friday, 10:00–19:00 GMT+4; transaction requests can take up to 24 working hours. Agreement: withdrawals within two working days of receipt.Instant network/card processing and operations approval are different stages; the documents do not promise universal instant cash receipt.Source 13Source 12Source 3
Account currencyFAQ says deposits in other currencies are credited to MT5 in USD.No public conversion mark-up or complete multicurrency account list is specified. The Cent label alone does not define a 100:1 denomination.Source 6Source 5
Payment ownershipNo third-party payments; verified customer name must match the bank/card/payment account. Return to original source normally applies.If several deposit methods were used, the agreement requires a proportional return. A closed source may require documentary proof and an approved same-name replacement.Source 13Source 3Source 6
Open positions and internal transfersFAQ requires closing open trades before a withdrawal or transfer between own MT5 accounts. The policy specifically forbids withdrawal of unrealised profit.Transfer requests go through the portal. The agreement says up to ten internal transfers are automatic and later transfers manual, without defining a counting period.Source 6Source 13Source 3
CardsMaximum three cards per customer; USD 15,000 per transaction, USD 50,000 a day per card and USD 100,000 a month per card.Refunds normally go back to the funding card, with eligible profits routed separately. Prepaid/travel cards and methods unable to accept refunds are excluded by the policy.Source 13
Additional verificationCurrent bank/card statements and source-of-funds documents can be required; identity and ownership checks precede processing.No fixed withdrawal lock after a password reset is published. The policy says the company will never request a full card number, CVV, PIN or 3D Secure code.Source 13Source 14

The policy offers a refund request within one working day of the original deposit where no trading, investing or conversion transaction has occurred, with review within five business days. Later requests follow the ordinary withdrawal rules. This does not reverse trading losses. Its no-trading withdrawal charges and verification requirements can still matter, and the policy’s final wording treats funding refunds through the withdrawal procedure.[13]

Loss protection and regulatory scope

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Protections & eligibility11

Protection and liability mechanisms

Protection and liability mechanisms
MechanismPublished positionLimit of the finding
Negative-balance resetThe risk warning says adverse losses are limited to the then-current balance. Agreement clause 3.6.5 describes a zero-balance adjustment after mandatory closure.The agreement excludes cases the broker regards as intentional, reserves debt recovery, and allows cross-account offsets in specified linked-account circumstances. The protection is conditional.Source 16Source 3
CFD ownership and market riskThere is no physical delivery or voting right in the underlying asset. Stop orders can be affected by gaps, closed markets or insufficient liquidity.Account protection does not prevent the loss of the funded balance or assure the requested exit price.Source 16Source 3
Mauritius contracting routeThe current sign-up-linked agreement and payment policy expressly identify the Mauritius operator and its claimed FSC investment-dealer licence.A current firm-level register result was not retrieved from the FSC public register; the licence entry is retained as not verified, without treating that access limit as proof of no licence.Source 2Source 3Source 13Source 24
Other group referencesThe site also describes SVG incorporation and a UAE representative office. The bonus terms explicitly name an SVG offer.These references are not applied as extra licences or compensation protection for the Mauritius trading agreement.Source 1Source 23Source 21

Support contacts and complaint deadlines

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Published support channels

Customer supportEmail
[email protected]Source 18Source 3

Scope Accounts, trading queries and formal complaint submissions

Mauritius contact numberTelephone
+2302600342Source 18

Scope Published general contact; emergency dealing availability is not specified

Hours Office: Monday–Friday, 10:00–19:00 GMT+4

Client PortalWebsite
https://pa.belleofx.com/en/loginSource 3

Scope Account access and support tickets; credentials required for client services

Contact page and live-chat accessWebsite
https://belleofx.com/company/contact-usSource 18

Scope General enquiries and published live-chat entry

Product pages advertise multilingual support 24/5, while the contact page specifies weekday office hours. These describe different service scopes; response times were not tested.
Process12

The broker’s published complaint procedures

The broker’s published complaint procedures
IssuePublished deadline or response targetScope and discrepancy
Order dispute under the agreementSubmit within two working days of the grounds arising; company review within ten working days.Use support email or a portal ticket with account, order reference, time, description and evidence. Review pauses while requested answers are outstanding; failure to respond within five days can lead to rejection.Source 3
Payment-policy disputeSubmit in writing within 24 hours after the transaction was executed.This short deadline is the payment policy’s wording; it is separate from the agreement’s order-dispute deadline.Source 13
General complaint policyAcknowledgement and a unique reference number within two working days; initial resolution wording says a maximum of one month.The next paragraph refers to an aforementioned two-month period and a further one-month extension. The policy is internally inconsistent and does not establish a single clean final deadline.Source 17
Regulatory escalationThe company policy directs escalation to FSC after its final decision and within four months of notification.That is the company’s stated procedure, not an independently established statutory deadline. The current FSC portal separately accepts Global Business complaints and distinguishes domestic-licensee Ombudsperson cases.Source 17Source 25

The agreement gives the broker’s server log priority in trade disputes and excludes some claims involving notified maintenance or execution delay. Retaining confirmations, timestamps and the complaint reference is therefore useful. Its settlement provisions do not promise reimbursement of an intended but unexecuted profit; a favourable trade-dispute decision is credited to the account within one working day under the agreement.[3]

PAMM, education, partner services and records

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PAMM is an advertised account choice, but the inspected public rating page does not supply allocation, manager-remuneration or withdrawal/disconnection terms. The general agreement is execution-only and disclaims asset-management recommendations by the broker. A manager or partner introduction therefore needs its own authority and service terms; the public evidence does not establish that stopping a manager relationship automatically closes open exposure or gives the manager withdrawal authority.[20][5][3][22]

At a glance13

Additional services and records

Additional services and records
ServicePublished facilityBoundary
Education and calendarThe website links BelleoFX Academy and an economic calendar, and describes webinars/tutorials.Education and general commentary are not personalised portfolio management. The linked academy returned a service-unavailable response during this check.Source 1Source 11
Introducing brokersThe partner page advertises daily rebates, referral links, a partner portal and up to $25 per lot.The headline is partner remuneration; it does not establish a customer cash bonus, net investment return or authority over the client’s funds.Source 22
Client Portal recordsPayment and transfer statuses and related notifications are documented by the funding policy.The public page does not specify a complete downloadable tax statement or trade-history export format.Source 13
MT5 account statementsMetaQuotes documents a desktop History report including HTML, and an iPhone trade report that can be saved/shared as PDF.These are platform functions for the selected account, not a promise of a broker tax certificate or automatic consolidation of multiple accounts.Source 27Source 28

Operating company and history

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BelleoFX’s About page dates the brokerage brand to 2020 and describes an international customer base. The current public registration page links the Mauritius Belleo Markets agreement, whose governing-law section is Mauritius. An isolated tax clause in that same agreement refers to Belize; this inconsistent wording is not treated as a second contracting route or a Belize licence. The legal-entity references below preserve the scope of the current company disclosures.[19][2][3]

The website’s SVG references use two registration identifiers: the homepage FAQ says 2584 LLC 2022, while its footer and AML policy use 26000 BC 2020. The public evidence does not document a client-account migration between those references or between SVG and Mauritius. The separate UAE reference is described as a representative office, not the CFD counterparty under the inspected Mauritius agreement.[1][14][23][3]

The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

Belleo Markets

MauritiusSource 3Source 14Source 13

Licences and regulatory records for Belleo Markets
Issuer & identifierRecorded statusDate & scope
Financial Services Commission MauritiusGB21027167Not verifiedChecked 20 Oct 2026Current company-published Mauritius investment-dealer claim; registration 186405 GBC. Current sign-up agreement names this counterparty. The FSC public register returned no readable firm result, so current individual status and permission scope were not independently confirmed.Source 3Source 14Source 24

BelleoFX

Saint Vincent and the GrenadinesSource 1Source 14Source 21

No separate licence entry is recorded in this panel.

The separately documented 100% Credit Bonus

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The bonus page expressly describes an account with Belleo Markets in Saint Vincent and the Grenadines. It should not be assumed to accompany the Mauritius account simply because a Bonus plan appears in the shared comparison matrix. The terms have no fixed campaign end date in the inspected page and reserve changes or termination by the company.[21][5]

Process14

Credit, cash conversion and withdrawal conditions

Credit, cash conversion and withdrawal conditions
ConditionPublished bonus rule
Entry and capInitial and subsequent qualifying deposits are at least USD 500; eligible internal transfers can count. Credit is 100% of the qualifying amount, capped at USD 25,000 cumulatively. One account per client and IP address is allowed.Source 21
Crediting and useCredit is due within 24 hours after approval and crediting of the actual deposit. It supports trading and is initially conditional credit; it cannot be transferred between the client’s trading accounts.Source 21
First cash-conversion routeWithin one month of bonus crediting, complete qualifying FX and commodity lots equal to 10% of the numerical bonus amount: the page’s USD 1,000 example requires 100 lots.Source 21
Alternative cash-conversion routeOR, within two months of bonus crediting, complete qualifying FX and commodity lots equal to 20% of the numerical bonus amount: USD 1,000 requires 200 lots. The two routes are alternatives, not cumulative.Source 21
Ordinary withdrawalA withdrawal of deposited money or profit removes bonus on a 1:1 basis. Amounts granted and later removed still count toward the cumulative cap. Removal can reduce available margin and cause stop-out.Source 21
Trading controlsThe terms state 30% stop-out and 50% margin call, but separately say no margin-call alert is supplied while the scheme applies. EAs remain subject to company restrictions.Source 21
Inconsistent exampleAn operating example grants credit for a USD 200 deposit, although the qualifying-deposit rule specifies USD 500. The example does not establish a USD 200 entry threshold.Source 21
Ending participationThe page directs a client who no longer wants the bonus account to request archiving by email. The company reserves removal for abuse, internal/external hedging or multiple accounts, and programme termination.Source 21
Follow the evidence

Sources & further reading

  1. Individual-share CFD product page BelleoFX · Accessed 20 Oct 2026
  2. Metals, energy and soft-commodity CFDs BelleoFX · Accessed 20 Oct 2026
  3. MetaTrader 5 desktop, mobile and web access BelleoFX · Accessed 20 Oct 2026
  4. Mauritius Deposit and Withdrawal Policy BelleoFX · Accessed 20 Oct 2026
  5. AML, CTF and client-authentication policy BelleoFX · Accessed 20 Oct 2026
  6. Complaint Handling Procedures BelleoFX · Accessed 20 Oct 2026
  7. Contact details and office hours BelleoFX · Accessed 20 Oct 2026
  8. Public PAMM account-rating page BelleoFX · Accessed 20 Oct 2026
  9. Introducing-broker programme and rebates BelleoFX · Accessed 20 Oct 2026
  10. BelleoFX Go developer listing and capabilities Belleo Markets via Apple App Store · Accessed 20 Oct 2026
  11. FSC Mauritius public register; no firm result retrieved Financial Services Commission Mauritius · Accessed 20 Oct 2026
  12. Current FSC complaints portal and Global Business scope Financial Services Commission Mauritius · Accessed 20 Oct 2026
  13. MetaTrader 5 desktop account statements MetaQuotes · Accessed 20 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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