Delta FX Trades foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://deltafxtrades.com/index.php/auth/signup, about the company's legal and temporary regulatory information, the company's address Palm Ave, West Hollywood, California(CA), 90069.
Delta FX Trades, established in 2009, operates as a forex and CFD brokerage firm. The company is headquartered in Saint Vincent and the Grenadines, with additional offices in London, UK, and Geneva, Switzerland. Delta FX Trades is a private entity, providing trading services primarily to retail clients across various global markets, with a notable emphasis on the Middle Eastern region.
Over the years, Delta FX Trades has aimed to enhance its offerings by developing educational programs for traders, thereby improving their market analysis skills. The broker specializes in forex trading and provides access to a range of financial instruments, including currency pairs, commodities, stocks, and indices. Despite its global presence, the company's regulatory status raises concerns due to the lack of oversight from reputable financial authorities.
The business model of Delta FX Trades focuses on retail forex trading, allowing clients to engage in speculative trading based on the fluctuations in various financial instruments. The broker also offers a variety of account types to cater to different trading preferences and strategies, making it a versatile option for traders seeking to enter the financial markets.
Delta FX Trades operates without regulation from any recognized financial authority, which is a significant concern for potential clients. The broker claims to be registered in Saint Vincent and the Grenadines, a jurisdiction known for its lenient regulatory framework. However, it does not hold licenses from any major regulatory bodies, including Level 1 regulators such as the UK's FCA, US's CFTC, or Australia's ASIC.
Due to the absence of regulation, there are no investor compensation schemes or guarantees protecting client funds. Furthermore, Delta FX Trades does not provide clear information regarding its KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures, which are essential for ensuring the safety and security of client investments.
The lack of oversight and transparency raises red flags about the broker's operational integrity. Clients are advised to exercise caution and conduct thorough research before engaging with Delta FX Trades, as the absence of a regulatory framework can lead to potential risks and losses.
Delta FX Trades offers a diverse range of trading products, primarily focusing on forex trading. The broker provides access to over 45 currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY. In addition to forex, Delta FX Trades offers a variety of CFD products, which include:
The broker frequently updates its product offerings, aiming to keep pace with market demand and trends. Retail trading services are available to individual clients, while institutional services, including white-label solutions, are not explicitly mentioned in the available information.
Delta FX Trades primarily supports the MetaTrader 4 (MT4) trading platform, which is renowned for its user-friendly interface and extensive analytical tools. The broker has plans to introduce MetaTrader 5 (MT5) in the future, which will offer additional features and capabilities for traders.
The trading platforms are available in various formats, including:
Delta FX Trades operates on an ECN (Electronic Communication Network) model, ensuring fast order execution and competitive spreads. The broker's technological infrastructure is designed to provide a seamless trading experience, although specific details about server locations and API access for automated trading are not provided.
Delta FX Trades offers several account types tailored to different trading needs:
All account types are compatible with various trading strategies, including scalping and hedging. Delta FX Trades also provides a demo account for traders to practice and refine their strategies without financial risk.
Delta FX Trades supports various deposit and withdrawal methods to facilitate easy fund management for its clients. Accepted methods include:
The minimum deposit requirement varies by account type, with options starting as low as $1. Deposit processing times are typically quick, often completed within an hour, while withdrawal requests are processed within 24 hours. However, specific details regarding withdrawal fees and limits are not explicitly mentioned.
Clients should be aware of potential charges associated with specific payment methods and ensure they understand the broker's fee structure before committing funds.
Delta FX Trades offers customer support through multiple channels, including:
The broker provides support in multiple languages, catering to a diverse clientele. Educational resources are also a focus for Delta FX Trades, with offerings including:
Market analysis services, such as daily updates and research reports, are also available to help traders make informed decisions.
Delta FX Trades aims to provide services to clients globally, with a specific focus on markets in the Middle East. However, the broker does not accept clients from certain jurisdictions, including the United States and some European Union countries, due to regulatory restrictions.
The company's regional offices are strategically located to support its client base, but specific details regarding the distribution of these offices are not provided. Potential clients should check the broker's website for the most current information on accepted countries and any restrictions that may apply.
In conclusion, while Delta FX Trades offers a wide range of trading products and services, potential clients should approach with caution due to the lack of regulatory oversight and transparency. Thorough research and consideration of the associated risks are essential before engaging with this broker.
余先生56440
India
100% scam pending order "buy stop " activated while the market is far away (on down movement). And on a measure pair USDCAD daily chart … DONT USE THIS BROKER. THE WORST BROKER EVER.
37130
2023-03-07