DeltinFX Review 2020
DeltinFX is an online trading broker that offers financial services to clients from all over the globe. The broker provides clients with access to trade over 1,000 financial instruments, including stocks, indices, commodities, metals, and energies from the same trading account, via the sophisticated MetaTrader 4 trading platform. They have competitive spreads from 0.3 pips and leverage of up to 1:400. However, the broker is unregulated which could be a red flag for potential clients.
DeltinFX Review 2020, Pros & Cons
- Intuitive trading platforms
- Over 1,000 financial instruments
- Dedicated customer support
- Unregulated broker
- Located offshore
- Limited educational resources
- Limited funding options
- Not the lowest spreads
In this detailed DeltinFX 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.
DeltinFX is not ranked in our best forex brokers, best stockbrokers, best CFD brokers, best crypto brokers, or best online brokers categories. You can use our free broker comparison tool to compare online brokers including DeltinFX.
DeltinFX Review: Summary
Based in Saint Vincent and the Grenadines, DeltinFX is an online trading broker that provides its clients with the popular MetaTrader 4 trading platform for trading multiple tradable assets. Traders get access to a range of trading tools and professional customer support. There are multiple account options to meet individual traders’ needs.
DeltinFX Review: Regulation
DeltinFX claims to be licensed by Saint Vincent and the Grenadines, but they didn’t mention the Financial Service Authority of Saint Vincent and the Grenadines. Most 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 best trading brokers for alternative regulated brokers.
DeltinFX Review: Countries
The broker accepts applications from traders across the globe, provided their countries of residence permit online trading with international brokers. They cannot accept traders from the USA.
Some DeltinFX features and products mentioned within this DeltinFX review may not be available to traders from specific countries due to legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers Australia, best brokers South Africa, best brokers Canada or our best brokers for all other countries.
DeltinFX Review: Trading Platforms
The MT4 platform is a well-known trading platform that is used for the online trading of many different financial instruments. The DeltinFX MT4 platform offers users a premium trading experience, with a set of useful features, such as one-click execution, in-depth technical analysis, and automated trading through Expert Advisors. It is available as a desktop application for Windows and Mac computers, Web, and a mobile app for Android and iOS devices. The mobile trading app is useful for those who need to access their trading account whilst on the go.
There is also the BrokersClub trading platform. It has unlimited charts and technical indicators, and it allows traders to trade directly from charts and also create trading signals. The BrokersClub MultiTerminal trading platform is designed for managing multiple forex trading accounts simultaneously.
DeltinFX Review: Trading Tools
Clients also get access to a range of useful trading tools, in addition to those built into the MT4 trading platform. They include Economic Calendar, Risk Management tools, and more.
DeltinFX Review: Education
The broker’s website has a limited collection of educational materials. However, there is a FAQ section that gives instant answers to some of the traders’ common questions.
DeltinFX Review: Trading Instruments
DeltinFX gives clients the opportunity to trade over 1,000 financial instruments, including stocks, indices, commodities, metals, and energies from the same trading account.
DeltinFX Review: Trading Accounts & Fees
DeltinFX offers clients a good choice of different account types. They include: Standard ($200), Premium ($2,500), VIP ($5,000), and the Islamic ($200) Accounts. The accounts are denominated in EUR/ USD and have a minimum trade size of 0.01 lots. Demo accounts are provided for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this DeltinFX review. It is imperative to ensure that you check and understand all of the latest information before you open a DeltinFX broker account for online trading.
DeltinFX Review: Customer Service
The broker’s customer support team is available 24/5 via telephone, email, and Live Chat. There is also the Traders Room; it provides easy and secure access to your portfolio and communication with the broker.
DeltinFX Review: Deposit & Withdrawal
DeltinFX allows clients to deposit and withdraw their funds using the following methods: Bank transfer, Swift, e-Wallets, Credit/Debit cards (Visa, MasterCard, Switch, Maestro). The broker does not charge any fees for deposit or withdrawals.
DeltinFX Review: Account Opening
Opening an account with DeltinFX is simple. Just fill and submit the online application form on the broker’s website, and a member of the broker’s team will contact you regarding what supporting documents are 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.
DeltinFX Review: Conclusion
DeltinFX is an online trading broker that has a range of trading instruments. They provide traders with sophisticated trading platforms and some useful trading tools. However, the broker is not regulated, has limited educational resources, limited funding options and not the lowest spreads that we have seen when compared to other trading brokers.
Trading in financial instruments may result in losses as well as profits. Past performances do not guarantee future results. Trading in leveraged instruments can result in losses greater than the initial invested capital. You should not risk more than you are prepared to lose.