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Warning: DeltaFX is flagged as a high-risk or fraudulent broker. Read our investigation into DeltaFX scam alerts, withdrawal issues, and fake regulation.
DeltaFX Review {year}: Is DeltaFX a Scam? Scam Alert & Warnings - BrokersView

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

5 comments

Forex Trader
Based on current regulatory data and market status, DeltaFX is classified as a high-risk broker. Extreme caution is advised if you are considering depositing funds with this entity.Key Regulatory WarningsFCA Unauthorized Alert: The UK Financial Conduct Authority (FCA) has officially flagged DeltaFX, stating it is providing financial services without proper authorization and targeting residents in the UK.Financial Commission Expulsion: As of late 2024, the Financial Commission (a major external dispute resolution body) formally expelled DeltaFX from its membership due to "numerous failures to comply with rules."Loss of Protection: Following its expulsion, DeltaFX clients are no longer eligible for the Commission’s Compensation Fund (which previously covered up to $20,000$ per claim).Trading EnvironmentHigh Leverage: The broker offers leverage up to 1:1000, which is significantly higher than what is permitted by top-tier regulators. While this allows for smaller capital requirements, it drastically increases the risk of account wipeouts.Offshore Registration: DeltaFX primarily operates under offshore registrations (such as St. Vincent and the Grenadines or Comoros), which offer virtually no legal recourse for retail investors in the event of a dispute.Critical RisksWithdrawal Issues: Recent reports indicate consistent difficulties for users attempting to withdraw funds, with many citing unresponsive customer support once a withdrawal is requested.Lack of Transparency: There is significant ambiguity regarding the safety of client funds and the execution models used by the platform.DeltaFX lacks the necessary oversight to be considered a safe trading environment. The combination of an FCA warning and expulsion from industry bodies is a major red flag.
2026-03-27
Reply
Ayilara
Delta fx is a scam company, stay away from irkettir.bu company, the company crashed on my money, closed my hedge account. They seized my earned money, never open an account at etti.deltafx company, they never pay the money you earn.
2026-01-22
Reply
Becky
Delta fx is a scam company, stay away
2026-01-09
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
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
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