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DELTAFX -

Score

1.93 /10
Danger

DELTAFX

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

https://deltafx.net/#

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Score

Regulatory Index0.00

Business Index6.72

Risk Management Index0.00

Software Index7.02

License Index0.00

Time Machine
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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Broker Information

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Company Name

DELTAFX

Company Abbreviation

DELTAFX

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

DELTAFX · Company summary

Since DELTAFXs official website (https://deltafx.net/) cannot be opened for now, we could only piece together the rough picture of this brokerage by gathering some relevant information from other websites.

Basic Information
Registered Countries United Kingdom
Regulation No License
Minimum Deposit $1
Maximum Leverage 1:1000
Minimum Spread N/A
Trading Platform MT4
Demo Accounts Available
Trading Assets Forex, Energy, Shares, Index, Metal, Cryptocurrencies
Payment Methods N/A
Customer Support Email, Phone Support

General Information

Registered in United Kingdom, DELTAFX seems to be an online trading broker providing a series of trading services to its clients through the advanced MT4 trading platform. With the DELTAFX trading platform, three types of trading accounts are available, namely Nano account, Standard account, and VIP account, with the minimum deposit to start from $1.

DELTAFX is not regulated by any regulator to support its operation, and thats why WikiFX has given it a very low score of 1.37/10. Please be aware of the risk.

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Instruments Markets

With DELTAFX, a series of trading assets can be traded, which covers Forex, Energy, Shares, Index, Metal, Cryptocurrencies.

Account Types

DELTAFX offers three types of trading accounts, namely Nano account, Standard account, VIP account. To open a Nano account, an initial deposit of $1 is required. To open a Standard account, an initial deposit of $100 is required and the VIP account is the most expensive account, asking for an initial deposit of $20,000.

Leverage

When it comes to leverage, DELTAFX enables its clients to use the maximum trading leverage up to1:1000, which is greater than the levels regarded appropriate by any regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Trading Platform

When it comes to trading platforms available, DELTAFX is using MetaTrader 4 (MT4) platform that is available on Windows, Mac OS, Linux, iPhone/iPad and Android devices.

Customer Support

As for customer support, DELTAFX can be reached through calling at +4122 539 1465, or sending them an email through info@deltafx.com.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
MT4 trading platform supported No regulation
Small capital to start Inaccessible official website
General leverage up to 1:1000 Poor customer support
No clear information about deposit & withdrawal options

Frequently Asked Questions

What trading instruments can I trade with on DELTAFX？

DELTAFX allows investors to trade Forex, Energy, Share, Index, Metal, and Cryptos.

Does DELTAFX offer demo accounts？

Yes, demo accounts are not available with DELTAFX platform.

What is the minimum deposit required by DELTAFX？

The minimum deposit to open a live account is $1 for a Nano account.

What is the maximum leverage available？

The maximum trading leverage that is available on the DELTAFX trading platform is up to 1:1000.

User Reviews

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User comment

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FX1614022429
more than one year
Initially, I was totally digging their platform. The low deposit requirement was frankly a significant draw for a rookie like me. Plus, their customer service was top-notch, always at the ready to answer my questions. However, a little way down the line, I noticed a major issue - the spreads on the forex currency pairs I was trading with began to increase dramatically. Take for instance, the EUR/JPY, I mean the spread shot up to a whopping 10 points plus which quite frankly blew my mind! So it doesn't take a genius to figure out that over the two months I've been trading on this platform, not only did I not score any profits, but I also ended up being about 300 dollars in the red.
Initially, I was totally digging their platform. The low deposit requirement was frankly a significant draw for a rookie like me. Plus, their customer service was top-notch, always at the ready to answer my questions. However, a little way down the line, I noticed a major issue - the spreads on the forex currency pairs I was trading with began to increase dramatically. Take for instance, the EUR/JPY, I mean the spread shot up to a whopping 10 points plus which quite frankly blew my mind! So it doesn't take a genius to figure out that over the two months I've been trading on this platform, not only did I not score any profits, but I also ended up being about 300 dollars in the red.
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2024-02-05 18:39
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。。.
more than one year
I have to say DELTAFX is one of the worst brokers I've ever used. They have high deposit requirements, high spreads, and their trading platform is extremely unstable. I've lost money due to their platform freezing up during trades. Overall, it's a terrible experience and I wouldn't recommend them to anyone.
I have to say DELTAFX is one of the worst brokers I've ever used. They have high deposit requirements, high spreads, and their trading platform is extremely unstable. I've lost money due to their platform freezing up during trades. Overall, it's a terrible experience and I wouldn't recommend them to anyone.
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2023-03-29 09:43
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