DeltaFX

DeltaFX is a forex and CFD broker that was officially founded in April 2019, according to company registration records in the United Kingdom. The registered office is at 5th Floor, 167-169 Great Portland Street, London, W1W 5PF.

Despite its UK registration, DeltaFX does not hold a licence from the UK Financial Conduct Authority (FCA) or any other major financial regulator. Instead, the brokerage claims regulation from the Autonomous Island of Anjouan, Union of Comoros, under the Finance Authority (AOFA). This offshore regulator is not recognised by tier-1 regulatory bodies and offers limited investor protection.

DeltaFX offers five distinct account tiers: DeltaBasic, DeltaECN, DeltaFix, DeltaPremium, and DeltaMaster. Minimum deposits range from $50 for most accounts to $200 for DeltaFix and $10,000 for DeltaPremium. All accounts offer maximum leverage of 1:1000.

The broker promotes its services to a wide audience, from beginners to high-volume traders, emphasising no slippage, fair spreads, and support for Expert Advisors. The tradable instruments include forex pairs, metals, energy, stock indices, and cryptocurrencies.

Clients can access the markets via MetaTrader 4 and MetaTrader 5, two of the most widely used retail trading platforms. These are available as desktop applications for Windows and Mac, mobile apps, and web terminal versions.

DeltaFX does not offer a proprietary trading platform. Its technology stack is standard, relying on the MetaTrader ecosystem for order execution and charting.

Our review cross-checked the broker's regulatory claims against public records. DeltaFX's website states it is regulated by the AOFA in Comoros, but this is not listed among known regulatory bodies in the broker's official records. The company's UK Companies House registration shows no FCA authorisation.

Comoros regulation is widely considered an offshore, minimal oversight jurisdiction. This means that traders dealing with DeltaFX may not benefit from compensation schemes or dispute resolution mechanisms available under stronger regulatory frameworks.

DeltaFX offers very high leverage of up to 1:1000, which significantly increases both potential profits and losses. Combined with its light regulatory oversight, this presents a high risk for retail traders.

Our independent research found no significant negative client feedback online, likely due to the broker's relatively recent entry into the market. However, the absence of a major regulator and the high-risk leverage structure are significant red flags.