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Deltafx

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Operating status: SCAM

Website: https://www.deltafx.com/

Broker violations and abnormal records
  • 2022-05-19 BrokersView has reviewed that Deltafx is an unregulated forex broker

    Deltafx, owned and operated by DeltaFX LTD, claims to be a regulated broker by the Saint Vincent and the Grenadines' Financial Services Authority (SVG FSA). However, we didn't find any result matching this broker in the register of SVG FSA. Besides, SVG FSA does not issue any licenses for forex trading or brokerage nor does it regulate or license international companies engaging in such activities. Therefore, we highly recommend exercising caution when dealing with brokers claiming to be registered with or regulated by SVG FSA as they are actually unregulated. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

    Deltafx, owned and operated by DeltaFX LTD, claims to be a regulated broker by the Saint Vincent and the Grenadines' Financial Services Authority (SVG FSA). However, we didn't find any result matching this broker in the register of SVG FSA. Besides, SVG FSA does not issue any licenses for forex trading or brokerage nor does it regulate or license international companies engaging in such activities. Therefore, we highly recommend exercising caution when dealing with brokers claiming to be registered with or regulated by SVG FSA as they are actually unregulated. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
  • 2023-12-24 BrokersView finds new information about unregulated broker Deltafx

    Deltafx has updated its website content to attract investors, but it remains an unlicensed trading platform. 

    Deltafx purports to be registered in the British Virgin Islands. However, our search in the Financial Services Commission of the BVI (BVI FSC) registry yielded no matching results for this company. 

    While Deltafx's claim of being a member of the Financial Commission is accurate, it's important to note that this institution is not a governmental regulatory body and does not claim to be one. The Financial Commission was established solely to resolve disputes between FX and CFD traders and brokers in a transparent and efficient manner. Therefore, membership in the Financial Commission does not equate to authorization or licensing from a financial regulator.

    In essence, Deltafx is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Deltafx appears to be a scam.

    Deltafx has updated its website content to attract investors, but it remains an unlicensed trading platform. Deltafx purports to be registered in the British Virgin Islands. However, our search in the Financial Services Commission of the BVI (BVI FSC) registry yielded no matching results for this company. While Deltafx's claim of being a member of the Financial Commission is accurate, it's important to note that this institution is not a governmental regulatory body and does not claim to be one. The Financial Commission was established solely to resolve disputes between FX and CFD traders and brokers in a transparent and efficient manner. Therefore, membership in the Financial Commission does not equate to authorization or licensing from a financial regulator.In essence, Deltafx is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Deltafx appears to be a scam.

Related Complaints

Q&A

Deltafx withholds my funds.

Max Twain
Argentina
2024-10-14
ANSWER Dear Investor,We understand the distress and frustration this issue may have caused you. According to our research, Deltafx appears to be a scam.The website falsely claims to be registered with the National Futures Association (NFA). Despite claiming membership with the Financial Commission, it remains unlicensed, as this institution is not a governmental regulatory body but rather a self-regulatory organization established to resolve disputes between FX and CFD traders and brokers. Without any other valid licensing information, Deltafx cannot be considered a legitimate broker.We urge you to gather as much evidence as possible and report it to your local authorities. You are also encouraged to file a complaint on our platform at BrokersView Complaint to seek help from our dedicated team.Lastly, we would like to alert you to Recovery Room Scams, where unsolicited messages claim they can help recover your funds. Please do not trust them, as their intention is to drain your money further.
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2 comments

mostafa bakhshian
I have been working with Delta FX for several years and I am really satisfied. The most important advantage of this broker is the lack of price manipulation
2022-07-24
2
Reply
Malihe. Pasha
I've been engaging in trades with Deltafx for an extended period, consistently experiencing smooth transactions. The broker offers competitive spreads and ensures trades are executed without requotes. They maintain a policy of no restrictions on stop-loss levels, enhancing my trading strategy's flexibility. My preferred trading method is the reliable MT4 platform, which specializes in major currency pairs. The platform's performance is stellar, providing rapid and efficient trade execution.Deltafx has also embraced the MT5 platform, although I haven't explored its features yet. Key factors influencing my choice of this broker include the swift execution of orders, attractive bonuses, competitive spreads, and the efficiency of financial transactions, particularly the quick processing of withdrawals. These features collectively contribute to a satisfying and efficient trading experience with Deltafx.
2023-12-25
1
Reply
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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