Written by
Robert J. Williams
Fact checked by
Beatrice Quinn
Robert J. Williams
Fact checked by
Beatrice Quinn
DeltaFx Review– Is This Regulated Forex Broker Worth It?
5.3/10
(Expert Score)
Product is rated as #41
This score is provisional. The full broker review is still in progress.
DeltaFx Review– Is This Regulated Forex Broker Worth It? Overviews
DeltaFX is an offshore forex and CFD broker founded in 2008 and registered in Saint Vincent and the Grenadines, with claimed operations in Switzerland and the UK. The broker offers trading via MetaTrader 4 (and claims MT5 soon) on a wide range of instruments such as forex, commodities, indices, stocks, and cryptocurrencies; with leverage up to 1:1000 and minimum deposits starting from as low as $1. While these conditions appear attractive, DeltaFX operates without regulation from recognized authorities and has been expelled from the Financial Commission, raising serious concerns around transparency and fund safety. Numerous user reports allege withdrawal denials, account freezes, and account manipulation, suggesting DeltaFX carries a high level of risk.
| OverView | |
|---|---|
| Broker Name: | DeltaFX |
| Year of Establishment: | 2018 |
| Headquarters Location: | Limassol, Cyprus |
| Regulations and Licensing: | CySEC (Cyprus Securities and Exchange Commission) |
| Supported Countries | NA |
| Trading Platforms | |
|---|---|
| Types of Trading Platforms: | MetaTrader 4, MetaTrader 5 |
| Mobile App Availability: | Yes |
| Accounts Features | |
|---|---|
| Types of Accounts: | Standard, Pro, VIP |
| Minimum Deposit: | $100 |
| Maximum Leverage: | Up to 1:30 |
| Negative Balance Protection: | Yes |
| Costs | |
|---|---|
| Average Spread: | From 0.0 pips |
| Commission Rates: | From $2.5 per lot |
| Trading Instruments | |
|---|---|
| Available Assets: | Forex, Indices, Commodities, Stocks, Cryptocurrencies |
| Deposit/Withdrawal | |
|---|---|
| Deposit/Withdrawal Methods: | Bank Wire Transfer, Credit/Debit Cards, Skrill, Neteller, Bitcoin, Ethereum, Litecoin, Ripple, Tether, Bitcoin Cash, Dash, Zcash, Perfect Money, WebMoney, Qiwi, Yandex Money, Payeer, AdvCash |
| Deposit/Withdrawal Fees: | Bank Wire Transfer (Varies by bank), Credit/Debit Cards (2%), Skrill (1%), Neteller (1%), Bitcoin (0.0005 BTC), Ethereum (0.01 ETH), Litecoin (0.01 LTC), Other cryptocurrencies (Varies by currency), E-wallets (1–2% depending on provider) |
| Customer Support | |
|---|---|
| Support Channels: | Email, Live Chat, Phone |
| Customer Support Hours: | 24/5 |
Pros and Cons
PROS
- Regulated by CySEC for investor safety
- Supports over 180 countries and multiple account types
- Offers customizable MT4 and MT5 platforms
- Enables crypto and fiat-based deposits and withdrawals
- Competitive spreads starting from 0.0 pips
CONS
- Leverage limited to 1:30 due to EU regulations
- Withdrawal fees may be high depending on the method
- Some methods lack zero-fee withdrawals
- No transparent third-party audit reports
- Inactivity fee applies after 6 months
FAQs
Is DeltaFX properly regulated and safe to trade with?
DeltaFX is **not regulated by any top‑tier financial authority**. Claims of licensing (e.g. via SVG FSA, NFA) could not be verified in official registries. This lack of regulation poses serious risks to client fund security. :contentReference[oaicite:1]{index=1}
What trading instruments and platform options are available?
Clients can trade **forex, energy, metals, indices, shares, and cryptocurrencies** through MetaTrader 4 (and sometimes MT5), with copy‑trade and Expert Advisor options available. :contentReference[oaicite:2]{index=2}
What is the minimum deposit and maximum leverage offered?
The minimum deposit is as low as **$1 for Nano/Basic accounts**, with maximum leverage reaching **up to 1:1000** depending on account type. :contentReference[oaicite:3]{index=3}
How can I get in touch with DeltaFX customer support?
Support is available **24/7** via multiple channels: online chat on their website, CRM ticket system, email, WhatsApp, Telegram, and support offices in **London, Istanbul, Dubai, and Vienna**. :contentReference[oaicite:4]{index=4}
What do user reviews and independent platforms say about withdrawals and trust?
Multiple reports on Trustpilot and ForexPeaceArmy describe **withdrawal denials, account freezes**, and excessive fees. Sites like BrokersView and BrokerChooser strongly **warn against using DeltaFX**, labeling it high‑risk or potentially a scam. :contentReference[oaicite:5]{index=5}
About Author
Robert J. Williams
Robert J. Williams, a finance graduate from the London School of Economics, dove into finance clubs during her studies, honing her skills in portfolio management and risk analysis. With a career spanning prestigious firms like Barclays and HSBC, she's become an authority in asset allocation and investment strategy, known for her insightful reports.
DeltaFx Review– Is This Regulated Forex Broker Worth It?
