About Delawise Group
Overview
Delawise Group is a forex and CFD broker registered in the United Kingdom, established on 31 May 2024. It operates under the domain delawiseg.com and targets retail traders with a multi-asset offering that includes cryptocurrencies, currency pairs, indices, metals, energies, futures, shares, and swaps.
Despite its UK registration, the broker is not regulated by any financial authority, which is a significant consideration for traders. The company's registered address is listed in Oslo, Norway, adding a layer of geographical complexity to its corporate structure.
Regulation & Safety
Our records indicate that Delawise Group holds no regulatory licenses from any known financial watchdog. The absence of regulation means there is no external oversight of the broker's operations, client fund segregation, or dispute resolution mechanisms.
This lack of regulatory status is a critical factor for potential clients. Unregulated brokers carry elevated risks, including potential issues with fund security and transparency. Traders are advised to conduct thorough due diligence before engaging with such entities.
Account Types & Trading Conditions
Delawise Group offers three account tiers: Platinum, Gold, and Silver. The Platinum account provides a maximum leverage of 1:400, the Gold account offers up to 1:300, and the Silver account allows up to 1:200. Minimum deposit requirements are not specified in the available data.
These leverage levels are relatively high, especially for unregulated brokers, and can amplify both potential gains and losses. The lack of detailed information on spreads, commissions, and other trading costs makes it difficult to assess the overall cost structure.
Platforms & Instruments
The broker claims to support Desktop, WebTrader, and Mobile trading platforms, though specific platform names (e.g., MetaTrader 4/5) are not mentioned. The instrument list is broad, covering forex pairs, indices, commodities (metals and energies), futures, shares, and cryptocurrencies.
This wide range of asset classes may appeal to traders seeking diversification within a single account. However, the absence of concrete platform details or demo account availability limits the ability to evaluate the trading experience.
Company Background
Delawise Group was incorporated in the UK in 2024, making it a relatively new entity. Its registered address is in Oslo, Norway, which may indicate a physical presence in that jurisdiction, but the company's primary registration remains in the UK.
The broker's brief operating history and lack of independent reviews or user feedback mean there is little public track record to assess reliability or service quality. Traders should approach with caution given the limited verifiable information.
Overview compiled by FXCanary from regulatory records and public data. full Delawise Group review