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Deltafx

Operating status: SCAM

Website: https://www.deltafx.com/

Broker violations and abnormal records
  • May 19, 2022 BrokersView has reviewed that Deltafx is an unregulated forex broker

    Deltafx, owned and operated by DeltaFX LTD, claims to be a regulated broker by the Saint Vincent and the Grenadines' Financial Services Authority (SVG FSA). However, we didn't find any result matching this broker in the register of SVG FSA. Besides, SVG FSA does not issue any licenses for forex trading or brokerage nor does it regulate or license international companies engaging in such activities. Therefore, we highly recommend exercising caution when dealing with brokers claiming to be registered with or regulated by SVG FSA as they are actually unregulated. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

    Deltafx, owned and operated by DeltaFX LTD, claims to be a regulated broker by the Saint Vincent and the Grenadines' Financial Services Authority (SVG FSA). However, we didn't find any result matching this broker in the register of SVG FSA. Besides, SVG FSA does not issue any licenses for forex trading or brokerage nor does it regulate or license international companies engaging in such activities. Therefore, we highly recommend exercising caution when dealing with brokers claiming to be registered with or regulated by SVG FSA as they are actually unregulated. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
  • Dec 24, 2023 BrokersView finds new information about unregulated broker Deltafx

    Deltafx has updated its website content to attract investors, but it remains an unlicensed trading platform. 

    Deltafx purports to be registered in the British Virgin Islands. However, our search in the Financial Services Commission of the BVI (BVI FSC) registry yielded no matching results for this company. 

    While Deltafx's claim of being a member of the Financial Commission is accurate, it's important to note that this institution is not a governmental regulatory body and does not claim to be one. The Financial Commission was established solely to resolve disputes between FX and CFD traders and brokers in a transparent and efficient manner. Therefore, membership in the Financial Commission does not equate to authorization or licensing from a financial regulator.

    In essence, Deltafx is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Deltafx appears to be a scam.

    Deltafx has updated its website content to attract investors, but it remains an unlicensed trading platform. Deltafx purports to be registered in the British Virgin Islands. However, our search in the Financial Services Commission of the BVI (BVI FSC) registry yielded no matching results for this company. While Deltafx's claim of being a member of the Financial Commission is accurate, it's important to note that this institution is not a governmental regulatory body and does not claim to be one. The Financial Commission was established solely to resolve disputes between FX and CFD traders and brokers in a transparent and efficient manner. Therefore, membership in the Financial Commission does not equate to authorization or licensing from a financial regulator.In essence, Deltafx is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Deltafx appears to be a scam.

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