DeltaMarket is an unregulated Forex broker, that opened on October 1st 2020. Like all unregulated brokers, they disappeared and cannot be found.
They were officially owned and operated by a company called; BI-GLOBAL World Ltd, Reg. No. 105143. Located at: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960.
Contact phone number in United Kingdom is: +441507243012, and the email address is [email protected]. Official Website is: https://DeltaMarket.net.
If you have a complaint or problem making a withdrawal, go here.
DeltaMarket Broker Review
Our review of the brokers DeltaMarket finds, that they offer day traders and investors, a simple web-based CFD trading platform. At this stage they are not offering MT5, but they do have the standard MT4 mobile apps. They offer the standard list of underlying assets for trading CFD’s, including all popular Forex pairs, Oil, Gold, Stocks and Bitcoin / Crypto Currency pairs.
Margin / leverage rates on Forex pairs is up to 300:1, and Crypto leverage is a bit lower, and the spreads start at 2.8 pips on the basic trading account. Many new investors look for brokers with high leverage because they believe they will make money easier that way. However, the reality proves that trading with on high margin is extremely risky, and new traders that don’t understand the risk, end up losing their money fast.
The minimum deposit for a new trading account is $250, and they offer deposit via Credit Card or Crypto / Bitcoin. Their website is localized in just English and Russian.
Automated Trading Apps
We signed up for an automated trading app called Click Money System, but instead of getting an app, we were directed to this broker. Many Forex brokers today get their clients because of a fake trading app.
If you are looking for actual trading signals you should read more here.
Is DeltaMarket a Legit Broker?
No, DeltaMarket is not licensed and they are not regulated.
The way that Scam Broker Investigator reviews a new Forex / Crypto broker to determine if they are legit or a scam, we first look for a valid brokers license. In recent months, we have seen many scam unlicensed brokers, disappear and go out of business.
The best brokers are always licensed by the FSCA South Africa, FCA United Kingdom, ASIC Australia or your local governments financial regulator. Smart investors will always use a licensed broker, because of the protection you are afforded from their financial regulator.
Compare Forex Brokers
Smart investors always review a few different brokers before making a final decision, See the best brokers list.
ForTrade is a popular broker in England, Europe & Australia, and they are regulated by the FCA, IIROC and ASIC, see here. See a Free Demo Account at: ForTrade.com.
What was your experience investing with the brokers at DeltaMarket?
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