DeltaFX is an online financial services provider that gives traders access to trade multiple financial assets, such as forex, commodities, indices, stocks, and metals, using the intuitive MT4 trading platform. Traders can choose from a variety of trading accounts, and there is a required minimum deposit of $100.
DeltaFX Review, Pros & Cons
- An advanced trading platform
- Multiple trading instruments
- Unregulated broker
- Located offshore
- Limited deposit/withdrawal options
- No MetaTrader 5 or cTrader platforms
- No live chat support
- No USA clients
In this detailed DeltaFX review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
DeltaFX is a forex broker that gives clients the opportunity to trade over 40 financial instruments using the MT4 trading platform. Traders enjoy some competitive trading conditions, such as low spreads, leverage of up to 1:500, and multiple trading account options with a required minimum deposit of $100.
DeltaFX is owned and operated by the company DeltaFX Ltd, registered in St. Vincent & the Grenadines as an International Business Company under the registration number 24975 IBC 2018. DeltaFX Ltd is a member of The Financial Commission but is not regulated or licensed under any proper regulatory agency. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
The broker does not offer its services to residents of countries or jurisdictions where the use of such services would be contrary to local laws or regulations.
Some DeltaFX features and products mentioned within this DeltaFX review may not be available to traders from certain countries because of legal restrictions.
The broker provides traders with the intuitive MetaTrader 4 (MT4) trading platform, which is one of the most popular front-end trading applications in the online trading industry. The DeltaFX MT4 platform has the following features:
- Spreads as low as 0.3
- Pioneering automated trading system – expert advisors
- 1 click trading
- Technical analysis tools with 50 indicators and charting tools
- Hedging allowed
- VPS functionality
- Multilingual platform
- Trailing stop loss facility
DeltaFX makes the MT4 platform available as a desktop application for Windows and Mac computers, a WebTrader, and a mobile trading app that is designed for Android and iOS devices and can be downloaded from the respective app stores.
DeltaFX Trading Tools
There are no standalone trading tools on the broker’s website. However, the provided trading platform should have more than enough trading tools to satisfy even the most demanding traders.
There is a limited selection of educational materials on the broker’s website. However, there are some articles and trading guides on how to use the platform.
The broker offers the following trading instruments: forex, commodities, indices, stocks, metals, and more.
DeltaFX Accounts & Fees
Traders can choose from different trading account options, namely; Micro, Standard, and VIP Accounts. They have a required minimum deposit of $100. Swap-free Islamic Accounts are also available upon request.
As broker fees can vary and change, there may be additional fees that are not listed in this DeltaFX review. It is imperative to ensure that you check and understand all of the latest information before you open a DeltaFX broker account for online trading.
The broker’s client support team can be reached via telephone, email, or by filling the online contact form on the broker’s website.
DeltaFX Deposit & Withdrawal
Traders can deposit and withdraw funds to and from their trading accounts using any of the following payment methods:
- Bank wire transfer
- Credit/Debit cards
DeltaFX Account Opening
Account Opening is easy; simply click on the ‘Sign Up’ button and fill the account application form as required.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Operating from Saint Vincent and the Grenadines since 2018, DeltaFX is an online trading broker that provides traders with trading platforms to facilitate the online trading of many financial products. They offer multiple trading account options with a minimum deposit of $100, low spreads, and leverage of up to 1:500. However, there is no regulatory information on the broker’s website at the moment. This may be a red flag for those who are considering using this particular trading broker.
Trading leveraged products can involve a high level of risk to your capital. Forex and CFDs, which are traded on margin, can both bring you benefits and losses. You should not risk more than you can afford to lose. Before you start trading you should ensure that you understand the level of risks involved. Seek independent advice if necessary.