Search

DELTA Broker Review

1.53

WikiFX monitor

Business

Influence D

License

No license

  

Delta 2025 Review: Everything You Need to Know

  Summary: The Delta brokerage receives mixed reviews, primarily due to its lack of proper regulation and user complaints regarding withdrawal issues. While it offers a variety of trading instruments and platforms, its overall trustworthiness remains questionable.

  Note: It is crucial to recognize that different entities operate under the "Delta" name, which may lead to confusion and potential risks for traders. This review aims for fairness and accuracy by synthesizing multiple reputable sources.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service and Support 4
Trading Experience 5
Trustworthiness 3
User Experience 4

  How We Rate Brokers: Ratings are based on user feedback, expert opinions, and factual data sourced from multiple reviews.

  

Broker Overview

  Founded in 2005, Delta operates as a forex and CFD broker, primarily based in Jordan. It provides access to a variety of trading instruments, including forex pairs, commodities, and indices. Notably, Delta does not support popular trading platforms like MetaTrader 4 or MetaTrader 5, which may limit its appeal to many traders. The broker is currently unregulated, raising significant concerns about the safety of client funds.

  

Detailed Breakdown

  

Regulatory Landscape

  Delta is primarily unregulated, which is a significant red flag for potential users. According to various sources, including PediaFX, the broker lacks valid regulatory oversight, making it a risky choice for traders seeking a secure trading environment. The absence of regulation means that users may have limited recourse if issues arise with their accounts or funds.

  

Deposit and Withdrawal Options

  Delta allows deposits and withdrawals in multiple currencies, but the specifics regarding cryptocurrencies are unclear. The minimum deposit requirement is reportedly around $100, which is relatively standard in the industry. However, several reviews highlight user complaints about withdrawal difficulties, indicating that clients often face delays or outright refusals when attempting to access their funds.

  

Bonuses and Promotions

  While specific promotional offers are not extensively detailed in the reviews, some sources suggest that Delta may provide bonuses to attract new clients. However, the lack of regulatory oversight raises questions about the legitimacy and terms of these promotions.

  

Asset Classes Available

  Delta offers a range of tradable assets, including over 80 forex currency pairs, commodities, and indices. However, the absence of stocks and ETFs may limit its attractiveness for investors looking for a more diversified portfolio.

  

Cost Structure

  The cost structure at Delta, including spreads and commissions, remains somewhat opaque. Some reviews indicate that while spreads may be competitive, the lack of transparency regarding fees can be a source of frustration for traders. Additionally, the broker may impose overnight fees, which are common in the industry but can eat into profits.

  

Leverage Options

  Delta offers leverage, but the specifics are not consistently reported across sources. Traders should be cautious when using high leverage, as it can magnify both gains and losses.

  

Trading Platforms

  Delta does not support widely-used platforms like MT4 or MT5, which can be a dealbreaker for many traders accustomed to those environments. Instead, it offers its proprietary platform, which may lack some advanced features available in more established platforms.

  

Restricted Regions

  While Delta is accessible in many regions, the lack of regulation may make it less appealing for traders in countries with strict financial oversight. Users should verify if their country of residence allows trading with unregulated brokers.

  

Customer Support Languages

  Delta reportedly offers customer support, but the quality and responsiveness of this support are under scrutiny. Many users have expressed dissatisfaction with the level of assistance available, particularly concerning withdrawal issues.

  

Final Ratings Overview

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service and Support 4
Trading Experience 5
Trustworthiness 3
User Experience 4

  

Detailed Breakdown of Ratings

  •   Account Conditions (5/10): The minimum deposit is reasonable, but the lack of regulatory oversight is concerning. User experiences regarding withdrawals are particularly negative.

  •   Tools and Resources (6/10): The brokerage offers a range of trading instruments, but the absence of popular platforms like MT4 and MT5 limits its appeal.

  •   Customer Service and Support (4/10): Customer support has received mixed reviews, with many users reporting difficulties in resolving issues, particularly regarding withdrawals.

  •   Trading Experience (5/10): While the trading experience is generally acceptable, the lack of transparency in fees and the proprietary platform may deter some traders.

  •   Trustworthiness (3/10): The unregulated status of Delta significantly impacts its trustworthiness. User complaints about withdrawal issues further exacerbate concerns.

  •   User Experience (4/10): The overall user experience is hampered by regulatory concerns and customer support issues, making it less favorable compared to other brokers.

  In conclusion, the Delta review indicates that while the broker offers some competitive features, its lack of regulation and user complaints about withdrawals raise significant red flags. Potential traders should exercise caution and consider more established and regulated alternatives.