Forex DeltaFX Trading Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

2.3

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 2.5

Business 1.8

Risk Control 2.1

Software 2.8

Regulatory 2.3

Terminal Snapshot

DeltaFX Trading Conditions

Registered Region United Kingdom

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@deltafx.com

Contact Number +442033766446

Website www.deltafx.com

Balanced Review

Pros & Cons

Pros

Regulated by the Finance Authority in the Autonomous Island of Anjouan
Diverse trading instruments including forex, commodities, indices, stocks, and cryptocurrencies
Multiple trading platforms: MetaTrader 4, DeltaFX Mobile App, and WebTrader
24/5 customer support with multilingual assistance
Variety of account types including Retail, Professional, Corporate, and Islamic accounts

Cons

Unregulated status raises security concerns
Limited educational resources for traders
Reports of challenges with customer support responsiveness
Withdrawal fees may apply depending on payment method
Potential for high-risk exposure due to high leverage options

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	DeltaFX	FXTM	EC Markets	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	United Kingdom	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	2.3/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does DeltaFX Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and intermediate traders	Access to a variety of trading instruments with competitive spreads	Suitable for those starting their trading journey
Professional Account	Experienced traders	High leverage options and tailored services	Requires a higher level of trading experience
Corporate Account	Corporate clients	Customized solutions for business trading needs	Documentation required to verify corporate status
Islamic Account	Traders requiring compliance with Islamic finance	Swap-free trading options available	Must meet specific eligibility criteria
Demo Account	New and experienced traders	Practice trading without financial risk	Available to all traders for testing strategies

Account Opening Process

To open an account with DeltaFX, prospective clients need to follow several steps. Initially, they must provide personal details, including their name, contact information, and date of birth. Following this, employment and financial information will need to be submitted to assess the applicant’s trading experience and financial standing. Identity verification is a crucial part of the process, requiring valid identification and proof of address. After the account is set up, clients have the flexibility to upgrade to a professional account if their trading needs change in the future.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$0	Competitive spreads available
CFDs (Stocks, Indices, Commodities)	Varies	$0	No commissions for most products
Cryptocurrencies	Varies	$0	Trading available 24/7

Other Fees

DeltaFX clients should be aware of various additional fees that may apply. These include deposit and withdrawal fees, which may vary depending on the payment method chosen. Inactivity fees may also apply if an account remains dormant for an extended period. Furthermore, clients could incur platform usage fees if applicable, along with overnight interest (swap rates) for positions held overnight. Currency conversion fees may apply when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

DeltaFX User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Mark Johnson

London, UK

★ ★ ★ ★ ★

My experience with DeltaFX has been nothing short of a nightmare. I made a profit, but when I tried to withdraw my funds, they blocked my account without any explanation. I’ve sent numerous emails and tried their live chat, but no one seems to respond. I feel completely scammed and would advise others to steer clear of this broker.

Emily Smith

Manchester, UK

★ ★ ★ ★ ★

I opened an account with DeltaFX hoping for a good trading experience. However, I faced issues with withdrawals which took longer than expected. Their customer support was not very helpful; it felt like they were brushing off my concerns. I appreciate their trading platform, but the lack of reliable support is a dealbreaker for me.

James Lee

Birmingham, UK

★ ★ ★ ★ ★

I have been trading with DeltaFX for a few months now and overall, I’m satisfied. Their platform is user-friendly, and I appreciate the fast execution of trades. Customer support has been helpful when I reached out. I also took advantage of their winter bonus which added value to my trading experience. There is room for improvement, but I would recommend them to others.

Sophia Brown

Liverpool, UK

★ ★ ★ ★ ★

DeltaFX has exceeded my expectations! I love the variety of trading instruments they offer, and their MetaTrader 4 platform is top-notch. They provide excellent educational support, which has really helped me enhance my trading skills. Plus, their customer service is responsive and friendly. I’m looking forward to continuing my trading journey with them!

United Kingdom Market