Introduction
DeltaFX is a broker that provides online trading services for currency pairs, commodities, precious metals, stock indices, and cryptocurrencies. The company is headquartered in St. Vincent and the Grenadines and is regulated by the SVG Financial Services Commission. In this DeltaFX review, we will take a look at the broker’s regulation, platforms, instruments and user ratings. We will also explore the pros and cons of trading with DeltaFX to help you decide if it is the right broker for you.
DeltaFX Review
DeltaFX is a global forex and CFD broker that offers a wide range of instruments for trade. The company is headquartered in the Seychelles and is regulated by the Financial Services Authority (FSA).
The DeltaFX platform is available in three versions: MetaTrader 4, MetaTrader 5 and Webtrader. All platforms offer a wide range of features and tools for traders.
The broker offers more than 50 currency pairs for trade as well as CFDs on indices, metals, energies and cryptocurrencies. DeltaFX also provides leverage up to 1:500 and micro-lot trading.
Deposits and withdrawals can be made via credit/debit card, bank wire transfer or e-wallets such as Skrill and Neteller.
DeltaFX has received mixed user reviews. Some users are happy with the broker’s products and service while others have complained about account freezes, platform issues and customer support.
The Different Types of Accounts Offered by DeltaFX
DeltaFX offers a variety of account types to meet the needs of different traders.
The Standard account is the most popular and gives access to all features of the DeltaFX trading platforms with a minimum deposit of $500.
The ECN account is for more advanced traders and requires a minimum deposit of $10,000. It gives access to an electronic communications network which provides direct market access and higher liquidity.
The VIP account is for high volume traders and requires a minimum deposit of $50,000. It gives access to dedicated customer support, higher leverage, and lower spreads.
The Various Platforms Supported by DeltaFX
The Various Platforms Supported by DeltaFX
DeltaFX is a multi-asset online trading platform that offers a wide range of instruments for trading. It supports the major global financial markets including Forex, Indices, Commodities, Stocks and Cryptocurrencies. The platform is available in two versions: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
MT4 is the most popular trading platform in the world and is available for desktop, web and mobile devices. The platform offers a user-friendly interface, advanced charting tools, a wide range of technical indicators and Expert Advisors (EAs). MT4 is ideal for manual or automated trading.
MT5 is the latest version of MetaTrader and offers more features than MT4. These include an improved strategy tester, additional timeframes, market depth information and more advanced order types. MT5 also has a mobile app so you can trade on the go.
DeltaFX also offers its own proprietary web-based platform, DeltaFX Webtrader. This platform provides all the features and functionality of MT4/MT5 but with a simplified interface that is easy to use. DeltaFX Webtrader also includes some unique features such as social trading, one-click trading and built-in market analysis.
In addition to these platforms, DeltaFX also supports third-party platforms such as ZuluTrade and DupliTrade. These platforms allow
The Instruments Traded on DeltaFX
The Instruments Traded on DeltaFX are:
1. Forex pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, USD/CAD.
2. Gold and Silver
3. Indices: S&P500, Nasdaq100, Dow Jones Industrial Average (DJIA), FTSE 100
4. Commodities: Crude Oil, Natural Gas, Coffee, Sugar
5. CFDs on Shares
DeltaFX User Ratings
DeltaFX is a reliable and popular online broker that offers its clients a wide range of trading instruments and platforms. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC), which gives it a high level of credibility.
User ratings for DeltaFX are very positive, with many users praising the broker for its low spreads, fast execution speeds, and excellent customer support. Overall, DeltaFX seems to be a very good choice for online traders looking for a reliable and well-regulated broker.
Conclusion
Overall, we would say that DeltaFX is a decent broker with some good features. They are regulated by the Financial Conduct Authority (FCA) in the UK and offer a variety of platforms and instruments to trade. However, their customer service could be better and there have been some complaints about withdrawals taking longer than expected. Nonetheless, if you’re looking for a reliable broker with a good selection of products, DeltaFX could be worth considering.