Offices: Saint Vincent and the Grenadines, Switzerland, United Kingdom
Platforms: DeltaFX Mobile App, MetaTrader 4 (MT4)
Instruments: Forex, Cryptocurrencies, Indices, Stocks, Commodities, Precious Metals
Regulation type: Operates without regulation from top-tier financial authorities
Payment Methods:
Country:
Saint Vincent and the Grenadines
Year:
2009
General Overview
General Overview
DeltaFX Broker Overview
DeltaFX is an offshore forex and CFD broker with offices in London, Istanbul, and Geneva. It lets you trade many markets: currencies, cryptocurrencies, indices, metals, energy, and stocks. You can use MetaTrader 4 (MT4) or MetaTrader 5 (MT5) and pick from Nano, Standard, ECN, or Fixed Spread accounts. The broker offers high leverage (up to 1:1000), demo accounts, 24/7 support, and Islamic (swap-free) accounts.
But DeltaFX isn’t regulated by any major financial authority. Some users say they’ve had problems with withdrawals, frozen accounts, and support. There are also complaints about trades being closed or limits on automated trading during big news events. Because of this, trade carefully and make sure you understand the risks before using DeltaFX.
Who is DeltaFX for?
DeltaFX may work for traders who want high leverage, small starting deposits, and lots of instruments (including crypto), and who like MT4/MT5. However, due to weak regulation and reported support issues, it’s better for experienced traders who can handle the risks. It’s not the best choice for beginners or anyone who needs a strongly regulated, very secure broker.
Pros
- Offers high leverage up to 1:1000.
- Wide range of instruments: forex, crypto, stocks, metals, indices.
- Provides demo accounts and Islamic (swap-free) accounts.
Cons
- High minimum deposit ($50).
- Reports of withdrawal delays and account freezes.
- Customer support can be slow or unresponsive.
- Transparency and fund safety are limited.
Trust and Safety
Trust and Safety
Regulations: Operates without regulation from top-tier financial authorities
DeltaFX is a broker that attracts traders with high leverage and a wide range of instruments, but questions about its trustworthiness and safety are common. Since it operates without regulation from major financial authorities, there is uncertainty about fund protection, trading fairness, and overall transparency. Before trading with DeltaFX, understanding these risks is essential for anyone concerned about the security of their investments.
Is DeltaFX Regulated?
DeltaFX is an offshore broker and is not regulated by any major financial authority such as the FCA (UK), ASIC (Australia), or CySEC (Cyprus). This means there is no official oversight to ensure that the broker follows strict rules on fund protection, trading fairness, or transparency. While DeltaFX operates legally in some jurisdictions, the lack of top-tier regulation can be risky for traders who prioritize security and accountability.
Is DeltaFX Safe?
Because DeltaFX is unregulated by major authorities, safety is a concern. Some users have reported difficulties with withdrawals, account freezes, and limited customer support. Additionally, there have been claims of trades being closed or automated strategies being restricted during major news events. Traders using DeltaFX should be aware that their funds may not have the same protections offered by regulated brokers. It is generally considered safer for experienced traders who can carefully manage risk rather than for beginners seeking a fully secure trading environment.
Trading Platforms
Trading Platforms
DeltaFX Mobile App | MetaTrader 4 (MT4)
Visit PlatformsDeltaFX supports multiple trading platforms, each offering unique functionalities and user interfaces to suit various trading styles. These platforms often incorporate real-time charting tools, diverse technical indicators, and automated trading features. DeltaFX strives to ensure that whether you are a novice relying on straightforward chart analysis or an algorithmic trader employing advanced Expert Advisors (EAs), you have the tools needed to succeed.
MetaTrader 4 (MT4)
MetaTrader 4, or MT4, is one of the most widely used trading platforms in the world, particularly for forex trading. It is known for its user-friendly interface, making it suitable for both beginners and experienced traders. MT4 supports automated trading through Expert Advisors (EAs), offers multiple timeframes, and provides essential charting and technical analysis tools. DeltaFX provides MT4 for desktop (Windows and Mac) as well as mobile apps for Android and iOS, allowing traders to monitor and execute trades from anywhere.
MetaTrader 5 (MT5)
MetaTrader 5, or MT5, is the successor to MT4 and comes with enhanced features. It includes more timeframes, advanced charting tools, and an integrated economic calendar. MT5 also supports a wider range of instruments, including stocks, futures, forex, and CFDs, making it suitable for traders who want to diversify their portfolios. DeltaFX offers MT5 on desktop (Windows and Mac), mobile apps (Android and iOS), and a web-based version that allows trading directly from a browser without installation.
Tradable Instruments
Tradable Instruments
Instruments: Forex, Cryptocurrencies, Indices, Stocks, Commodities, Precious Metals
A broad selection of tradable instruments is often indicative of a broker’s commitment to meeting the diverse needs of its client base. DeltaFX offers access to multiple asset classes, enabling traders to experiment with strategies in forex, commodities, indices, shares, and cryptocurrencies. This variety allows clients to diversify their portfolios and hedge against market fluctuations across different sectors and economies.
Forex
Forex trading is a major focus at DeltaFX, and the broker typically features an extensive list of currency pairs, ranging from widely traded majors such as EUR/USD and USD/JPY to lesser-known exotic pairs. The forex market’s high liquidity and around-the-clock nature make it especially attractive to traders who appreciate flexible hours and a variety of trading opportunities. DeltaFX may support competitive leverage for forex trading, up to 1:500 in some cases, although this can vary based on regulatory constraints or account type.
Commodities
Commodities like precious metals (gold, silver), energy (crude oil, natural gas), and agricultural products (corn, wheat) are typically offered on DeltaFX’s platform. These instruments can serve as a valuable diversification tool, as their price movements often correlate inversely with traditional equity markets. Gold, for instance, is frequently considered a safe-haven asset in times of economic uncertainty, while oil prices are sensitive to geopolitical factors and global supply-demand dynamics. By trading commodities, clients can gain exposure to macroeconomic trends that may differ from those influencing forex or equity markets.
Indices
DeltaFX enables traders to speculate on major stock indices that represent a snapshot of economic performance in different parts of the world. Popular options could include the S&P 500, NASDAQ, Dow Jones Industrial Average, FTSE 100, DAX 30, Nikkei 225, and more. Trading indices allows participants to take a stance on the broader market sentiment rather than focusing on individual company stocks. This can simplify the research process, as traders primarily track economic data, geopolitical issues, and corporate earnings reports in aggregate, rather than analyzing a single company’s fundamentals.
Shares
For those looking to trade individual equities, DeltaFX may provide CFDs (Contracts for Difference) on shares of major global corporations. This enables traders to go long or short on a company’s performance without owning the underlying stock. News about a specific company, whether it’s related to product launches, earnings beats or misses, or major partnerships, can create sharp price movements in a short time. Shares trading thus appeals to both momentum traders who thrive on volatility and value-oriented investors who conduct deeper fundamental analyses.
Cryptocurrencies
With the rise of digital assets, DeltaFX often includes key cryptocurrencies in its product lineup, such as Bitcoin, Ethereum, Ripple (XRP), and Litecoin. Cryptocurrency trading can be exceptionally volatile, offering substantial profit opportunities but also carrying elevated risk. DeltaFX may impose different leverage limits for cryptocurrencies due to their price swings and may require traders to maintain higher margin levels to offset potential rapid drawdowns.
Account Types
Account Types
DeltaBasic
The DeltaBasic account is designed for beginner traders. It offers competitive spreads and a minimum deposit requirement of $50. This account type provides access to a wide range of trading instruments, including forex, indices, metals, and cryptocurrencies. Traders can utilize the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, with leverage up to 1:400.
DeltaECN
The DeltaECN account is popular among traders seeking low trading costs. It offers direct market access (DMA) with tight spreads and low commissions. This account type is suitable for scalpers and algorithmic traders who require fast execution and minimal slippage. Traders can benefit from using Expert Advisors (EAs) and have access to a wide range of trading symbols. The minimum deposit for this account is $50.
DeltaFix
The DeltaFix account provides fixed spreads, making it ideal for traders who prefer predictable trading costs. This account type is suitable for swing traders and those who trade during specific market hours. The minimum deposit requirement is $50, and traders can access various instruments, including forex, metals, and energies. Leverage is available up to 1:400.
DeltaPremium
The DeltaPremium account is designed for experienced traders seeking enhanced features and personalized support. It offers tighter spreads, higher leverage, and priority customer service. This account type is suitable for traders who require advanced trading tools and dedicated assistance. The minimum deposit for this account is $50.
DeltaMaster
The DeltaMaster account is tailored for next-generation traders who demand the best in trading technology and support. It offers fair spreads starting from 0.6 pips, personal support, and a minimum deposit of $50. This account type is ideal for traders who seek advanced features and personalized services.
Deposits and Withdrawals
Deposits and Withdrawals
DeltaFX offers an assortment of deposit and withdrawals methods, enabling traders to fund their accounts and retrieve profits with relative ease. Common deposit options include bank transfers, credit cards, and popular e-wallets. While many deposit methods may be free or have minimal fees, withdrawal methods can include transaction charges depending on the provider and the trader’s region. Processing times vary, typically ranging from instant to a few business days.
DeltaFX Deposit Options and Fees
Deposits into a trading account with DeltaFX can often be made through the following channels: bank wires, credit/debit cards, e-wallets (e.g., Skrill, Neteller), and even cryptocurrencies. Each method has its own advantages in terms of speed, accessibility, and cost. Below is an illustrative table:
While DeltaFX may try to offer instant deposit confirmations for certain channels, delays can occur due to issues on the provider’s side or due to additional security checks. Clients should monitor their email and the broker’s notification system for updates related to deposit approvals.
DeltaFX Withdrawals Options and Fees
Withdrawals at DeltaFX generally mirror deposit channels, though certain regions or payment methods may have specific limitations. The broker endeavors to keep withdrawal processes straightforward, ensuring that clients can access funds without unnecessary complications. Here is an example table:
It is generally required for traders to use the same payment method for both deposits and withdrawals, a policy known as the “anti-money laundering return-to-source” rule. This practice mitigates fraudulent activity by ensuring that funds return to the original account where they originated.
Bitcoin
Fees and Commissions
Fees and Commissions
DeltaFX’s fee structure includes trading fees, spreads, and non-trading fees. Trading fees are often embedded in the spread or charged as a fixed commission, depending on the chosen account type. Spreads can vary by instrument, market conditions, and account specifications. Non-trading fees include inactivity charges, withdrawal fees, and any administrative fees that might arise. As fee structures can change over time, it is recommended to check DeltaFX’s official website or contact their support team for the latest information.
DeltaFX Trading Fees
DeltaFX’s trading fees typically revolve around spreads and commissions, which may differ based on the chosen account type. A standard account might embed all costs into the spread, thereby eliminating per-trade commissions. In contrast, an ECN-style account could feature near-zero spreads but add a commission for each lot traded. This dual model is designed to appeal to the full spectrum of traders:
- Casual retail traders, who may prefer simplicity and no commission fees, albeit with slightly higher spreads.
- Professional or institutional traders, who might favor the ECN environment for lower spreads and direct market access, accepting a commission per trade in exchange.
Below is a more detailed example table that illustrates hypothetical trading fees:
Note that the actual trading fees may vary based on prevailing market conditions, liquidity, and the specific instruments being traded. Traders should consult DeltaFX’s official fee schedule or customer support to obtain the most accurate and up-to-date information.
DeltaFX Spreads
Spreads represent the difference between the bid and ask price of a particular instrument and function as the main trading cost in a spread-only pricing model. DeltaFX, like many brokers, adjusts its spreads according to factors such as market volatility, time of day, liquidity, and the account type in use. During periods of high volatility, such as economic news releases, spreads can widen briefly as liquidity providers adjust their quotes.
For traders focusing on major currency pairs like EUR/USD, GBP/USD, or USD/JPY, tighter spreads can significantly impact profitability over the long run, especially for short-term or high-frequency strategies where multiple trades might be executed daily. DeltaFX’s ECN or VIP accounts typically aim to provide tighter spreads for these traders, whereas the Standard Account might cater more to novice or casual traders who prioritize fee simplicity over the absolute tightness of spreads.
DeltaFX Non-Trading Fees
Non-trading fees encompass charges outside the scope of direct market trading. Examples can include:
- Inactivity Fee: If an account remains dormant over a certain number of months without any trading activity, DeltaFX might apply a monthly or quarterly inactivity charge.
- Withdrawal Fee: Some withdrawal methods, particularly international bank wires, could incur fixed or percentage-based fees.
- Currency Conversion Fee: For traders who operate in a currency different from their base account currency, conversion fees may apply when depositing or withdrawing funds.
- Miscellaneous Administrative Fees: This might include fees for account statements, document processing, or special account services requested by clients.
Ensuring that you understand the complete breakdown of these fees beforehand can help you better manage your trading expenses and avoid surprises. While some brokers choose to waive certain non-trading fees to remain competitive, charges may still arise depending on the type of transaction or the payment system used.
Bonuses and Promotions
Bonuses and Promotions
DeltaFX may offer various bonus programs and promotions to attract new traders or reward existing ones. While these offers can enhance initial trading capital or reduce costs, it is crucial for traders to carefully read the terms and conditions. Requirements often include minimum trading volumes, time constraints, or limitations on withdrawals of the bonus amount. Failure to meet these criteria might result in the forfeiture of the bonus or potential restrictions on withdrawals.
Welcome Deposit Bonus
A welcome deposit bonus is often the first promotion a new trader encounters. For instance, DeltaFX could offer a 30% bonus on an initial deposit of at least $100. This bonus might be added to the trading balance, thereby giving newcomers an opportunity to experiment with larger position sizes. However, traders typically need to fulfill specified turnover requirements—e.g., “For every $1 bonus, trade 1 standard lot”—before they can withdraw the bonus.
Refer a Friend Bonus
DeltaFX may incentivize word-of-mouth marketing by offering referral bonuses. When an existing client successfully refers a friend who then deposits and trades a certain amount, both parties could receive a cash reward or trading credit. Such programs vary widely in terms of payout structure and eligibility, but they serve as a way to reward loyal clients who recommend DeltaFX to their personal networks.
Loyalty Program
The Loyalty Program typically caters to traders who engage in consistent volumes of trading over an extended period. DeltaFX might classify traders into tiers (e.g., Bronze, Silver, Gold, Platinum) based on total traded lots. Each tier might unlock benefits such as reduced spreads, lower commissions, accelerated withdrawal processing, or exclusive market analysis reports. This rewards system provides an incentive for traders to maintain their activity with DeltaFX, as they stand to gain progressively more favorable conditions over time.
Seasonal Promotions
Seasonal promotions could coincide with global holidays, market events, or special corporate milestones. For instance, DeltaFX may roll out a “New Year Trading Bonus” or a “Summer Cashback Promo.” These limited-time offers can include deposit bonuses, zero-commission trading days, or even trading contests with monetary prizes. Such events can create heightened activity on the platform and present unique opportunities for traders to reduce costs or compete for valuable rewards.
Education
Education
DeltaFX recognizes that an informed trader is more likely to succeed and sustain profitability in the complex world of financial markets. As a result, the broker often invests in an extensive suite of educational materials, ranging from written guides and ebooks to interactive webinars and video tutorials. These resources typically cover:
- Basic Forex Concepts: Introducing pips, lots, margin, leverage, and key market terminology for newcomers.
- Technical Analysis: Demos on using popular indicators like Moving Averages, MACD, RSI, and Fibonacci retracements to identify trend direction and potential entry/exit points.
- Fundamental Analysis: Insights into how interest rates, inflation data, and geopolitical events can impact currency and commodity prices.
- Risk Management Strategies: Discussions on setting stop losses, employing proper position sizing, and diversifying across multiple instruments.
- Trading Psychology: Techniques for dealing with emotional pressures like greed, fear, and overconfidence, which can derail even the most well-researched trading plans.
Some advanced offerings may include weekly or monthly webinars covering live market analysis, during which experienced traders or financial analysts break down current market trends and offer real-time insights. Furthermore, DeltaFX may partner with third-party educational platforms to augment its content library, ensuring that traders have a broad range of topics to explore. Whether you are a complete beginner needing step-by-step guidance or a more advanced trader wanting deeper insights into sophisticated strategies, the broker’s educational resources typically aim to bridge knowledge gaps and refine trading skills.
In conclusion, DeltaFX seeks to stand out by blending advanced trading technology, a wide selection of account types, robust trust and safety measures, and a comprehensive educational platform. Its fee structure and promotional offers further contribute to its appeal among different types of market participants. While trading always carries inherent risks, the supportive environment offered by DeltaFX can help traders make more informed decisions, manage their exposure effectively, and stay abreast of ever-changing market conditions.
Allowed Countries
Allowed Countries
DeltaFX may accept clients from a range of countries worldwide, though restrictions could apply in jurisdictions where local regulations or international sanctions prevent the broker from operating. Typically, major regions such as Asia, parts of Europe, and Africa can open accounts with DeltaFX. However, certain countries like the United States, Canada, and others with specific regulatory requirements may be restricted. Prospective users should verify their eligibility by contacting DeltaFX’s customer support or reviewing its terms and conditions.
Excluded Countries
Customer Support
Customer Support
Customer support is a vital aspect of any online trading service. DeltaFX aims to maintain a responsive and multi-channel support system to assist traders with technical issues, account management, and general inquiries. The availability and quality of support can significantly influence the user experience, especially for new traders who may require guidance in navigating the platform or comprehending market dynamics.
Phone Support
DeltaFX offers phone support for immediate assistance. You can reach the support team at +44 203 769 5330. This direct line is particularly useful for urgent solutions, such as resolving issues with executing orders or clarifying funding concerns. Availability may vary depending on local and international market hours.
Email Support
Traders can also contact DeltaFX via email. The primary email address is [email protected]. This method is suitable for inquiries that require attaching documents (e.g., for account verification) or for obtaining detailed written instructions regarding fees, features, and other account-related queries. DeltaFX typically strives to respond to emails within one business day.
Live Chat
For real-time online support, DeltaFX maintains a live chat feature on its website. You can access live chat by navigating to https://www.deltafx.com/livechat. This channel is often the fastest way to receive instant answers to straightforward questions about logging in, basic account operations, or platform usage.
Physical Office
For those who prefer in-person engagement or need to send official documents by mail, DeltaFX operates an office at 15 Great Cumberland Place, London W1H 7AY, United Kingdom. If you plan to visit, it is recommended to schedule an appointment in advance to ensure the appropriate staff member is available to assist you.
Broker Name: DeltaFX
Broker Type: Market Maker
Country: Saint Vincent and the Grenadines
Operating since year: 2009
Regulations: Operates without regulation from top-tier financial authorities
Phone: + 44 204 577 3465
Email: [email protected]
Address: Saint Vincent and the Grenadines
Broker status: Active
FAQs
FAQs
What trading platforms does DeltaFX offer?
DeltaFX offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
What account types are available at DeltaFx?
They offer DeltaBasic, DeltaECN, DeltaFix, DeltaPremium, and DeltaMaster accounts.
What is DeltaFX minimum deposit?
The minimum deposit is $50 for all accounts.
What leverage does DeltaFX provide?
Leverage is up to 1:1000, depending on the account type.
Leave your thoughts