Delta Capital is a forex broker that is located in Bulgaria and is allegedly owned by Marketlin LTD. In the review below, we take an in-depth look at the features Delta-capitals.com allegedly offers. This review basically answers the question is Delta Capitals Legit? The review covers aspects of its licensing, its account types, its leverages, its withdrawal and deposit methods. Read through our review to see what we and other experts have to say about Delta Capitals Forex Broker.
Table of Contents
Delta Capital Trading Platform
After going through CTX Forex website, we found that the website looks professional, and well-designed. We also discover that this broker doesn’t support the MT4 or the MT5 trading platform but a web-based platform . They offer assets such as Forex (with leverages up to 1:200) CFDs, Indices, Stocks, and Precious metals
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They give these snippets below as advantages for trading with them
- 100’s of Assets
- Daily Signals
- Live Analysis
- 500:1 Leverage
- Unlimited Education
- Great Trading Tools
- 24/7 Support
DeltaCapitals Account Types
In this portion of the review, we aim to explore the account types a broker might have. We check the account with its corresponding deposit and leverage. Doing this gives a clearer idea as to how a broker might work.
After thoroughly checking we discovered that this broker has
Delta Capitals Deposit and Withdrawal Methods
Deposit and withdrawals are the two most important transactions for us, because the end goal of trading is making a profit. In this section, we look at these methods to make sure everything is okay with it.
The website states that customers can deposit only with credit card, debit card.
Some thing to keep in mind is that there might also be withdrawal conditions concerning accounts that take advantage of the bonus promotion. Some fraudulent brokers stipulate that a trader must achieve a certain trading volume in order to be eligible for withdrawal. This is purposefully done in order to stop traders from making a withdrawal
Is Delta Capital Licensed?
Licensing is another important part, because a regulated broker can be trusted to some extent not to do anything fraudulent. We do this part of the review by first checking the name of the company attached to the broker. Then we run that name through various regulatory bodies to discover if it is actually regulated.
Delta-capitals claim that it is owned by Marketlin LTD and is located at Bulgaria, 1172 Sofia city, Capital Municipality , Quarter Dianabad. Apart from that they don’t give any other regulatory information on their website.
So in order to ascertain if this broker was licensed, we had to check several regulatory bodies. We checked the Hungarian Central Bank (MNB or Magyar Nemzeti Bank), FCA in UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany, CONSOB in Italy and many others. At the end of our search we didn’t find any licensing information concerning this broker.
Besides, we found an official FCA warning that categories Delta Capitals as a clone firm.
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Conclusion
We wouldn’t recommend using this forex brokerage, we are not impressed with the vague information they have provided.
In conclusion, we wouldn’t advise or recommend you to trade with Delta-capitals.com as they don’t give any valid information concerning if they are a regulated broker.
Delta Capitals Forex Broker is likely a platform run by scammers, trading with them would likely result in you losing your money. There is a tremendous risk on any transactions interested traders may conclude with the brokerage and we deeply recommend they look elsewhere for viable trading option.