Based in Saint Vincent and the Grenadines, DeltaFX is a brokerage firm that operates the STP/ECN brokerage model, which ensures transparency reduces the chances of conflict of interest. They offer access to multiple financial instruments (forex, commodities, indices, stocks, and metals) via the MetaTrader 4 trading platform, which is available in the desktop, web, and mobile versions. Traders benefit from several favorable trading conditions, such as multiple trading account options, leverage of up to 1:500, low spreads, and more. The minimum deposit required to operate a live trading account is $100.
DeltaFX Review Introduction
In this DeltaFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including DeltaFX.
DeltaFX Platforms & Tools
DeltaFX offers traders the sophisticated MetaTrader 4 trading platform for trading different assets. The platform was launched in 2005 MetaQuotes, a Russian software company, and is used by most forex and CFD traders worldwide due to its fully customisable and user-friendly interface. It features useful trading tools and functionalities, including charting, technical analysis, VPS, trailing stop loss, and support for trade automation via expert advisors, and more.
The broker makes the MT4 trading platform available as a desktop application for Windows and Mac computers; a webtrader that can run directly on modern web browsers, including Chrome, Safari, Firefox, and Edge; and a mobile app that is designed for Android and iOS devices. The mobile app can be downloaded from the respective app stores, and it caters to traders who would want to trade on their mobile devices while on the move.
DeltaFX Research & Education
The broker’s website contains a few useful learning materials to help traders in making knowledgeable trading decisions. They include some articles, guides, and more.
DeltaFX Trading Account
Traders are provided with several trading account options to meet their individual trading needs, and they include Micro, Standard, and VIP accounts. The minimum deposit required to operate a live trading account is $100. Swap-free Islamic accounts that comply with the sharia law are available upon request.
DeltaFX Account Funding
The broker accepts bank wire transfer and credit/debit cards for both account deposits and withdrawal purposes. The transaction processing time may vary depending on the payment method in use.
DeltaFX Customer Service
All clients’ general, technical, and account-based trading inquiries are channeled to a professional client support team. The team can be reached through telephone, email, or by filling the online contact form on the broker’s website.
DeltaFX is owned and operated by the company DeltaFX Limited, which is registered in Saint Vincent and the Grenadines as an International Business Company under the registration number 24975 IBC 2019. DeltaFX Limited is a member of the Financial Commission, which is an independent organization that resolves broker-client issues. But this regulation is not as strong as regulation by a tier-1 financial authority like the FCA.
DeltaFX Review Summary
DeltaFX is an STP/ECN trading broker that has been in operation since 2018 in Saint Vincent and the Grenadines. They provide traders with the MT4 trading platform for trading multiple financial assets. Traders are offered multiple trading account options with a minimum deposit of $100, low spreads, and leverage of up to 1:500. The broker is a member of the Financial Commission.
It is worth mentioning that some of the trading products and services in this DeltaFX review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the DeltaFX broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.