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Delos Management Review | Competitive Trading Conditions or a Scam?

by Kevin Berry
Rating: 
  1.2/5   Reviews: 12
Delos Management - logo

Delos Management offers competitive trading conditions, fast execution, and low spreads. However, in reviews, customers write mainly about problems and shortcomings. Why did the broker deserve the negative opinion of traders? Maybe it’s a scam?

Highlights

🏛️ Country UK
⚠️ Regulation
🖥️ Website https://www.delosmgmt.com/
🎲 Demo Account No
⏳ Start Time 2022
💲 Minimum Deposit €250
⚖️ Minimum and Maximum Leverage
⚙️ Trading Platform WebTrader
📨 E-mail support@delosmanagements.com
📞 Phone +447868811413

First Impression of Delosmgmt.com

Delos Management begins acquaintance with users with very loud statements. All content on the official website consists of enumerations of the broker’s advantages. However, we did not find anything special in its proposals. For example, the company guarantees that on its platform traders can count on the fast execution of deals and the ability to set stop orders. Sorry, but literally every broker has these options today. Despite the international title of the project, the content is translated only into English. There are also annoying mistakes here. And the biggest disadvantage is that there is too little concrete data about Delos Management itself. Clearly not enough to follow the law on disclosure of information.

Delos Management - website

Partnership and Bonuses

The broker does not say anything about the affiliate program. Meanwhile, the closed type of registration allows us to conclude that Delos Management still has a referral program. In the trading conditions, there is also a mention of bonuses to the account. However, there are no specifics there. The broker is very secretive, which we don’t like already.

Account Opening on Delosmgmt.com

It’s not so easy to open an account with a company. Only the authorization form is presented on the official website. Why does the broker not allow everyone to create an account? Most likely, the project has something to hide. If you take any English-licensed broker for comparison, you will see that it does not limit the opportunity to register for private traders. In the case of Delos Management, you will first have to contact the support service managers.

Verification

According to the documents, Delos Management complies with the KYC policy. It means that you will have to pass verification. You will need:

  • A national passport or ID card.
  • Copies of the utility bill or the Internet bill to confirm the address of your residence.

You can send them to Delos Management by email. It is possible that verification can be done in your personal account. However, we cannot check whether there is such a function there, because the broker does not allow anyone to open an account.

Pros
  • The company follows KYC.
Cons
  • Does not disclose information before creating an account.

Trading Software

The trading terminal does not belong to Delos Management. It is purchased software. And it’s certainly not an award-winning platform. Nothing particularly bad or good can be said about it. At least, there are enough indicators. The broker provides a web version and a desktop app for the PC. Although this developer also has a mobile application. However, obviously, the broker did not want to acquire the rights to use it.

Features Delos Management Axi  Oanda
Demo Account ❌️ ✔️ ✔️
Mobile App ✔️ ✔️
Own Development ✔️

How Can I Trade With Delos Management?

Delos Management offers standard currency trading. Additionally, among the instruments, there are CFDs for different groups of assets.

All Info About Accounts

Instead of describing the trading conditions normally, Delos Management describes additional options for each account. Usually, traders want to know what size spreads are on the platform and what leverage is available. However, the broker does not disclose any of this. Even in the FAQ section, there is not a single question on this topic.

From the description of the accounts, we understand that Delos Management highly appreciates the services of its employees. To get 16 one-on-one trading sessions with an analyst, you will need to fund your account with 100 thousand euros. At the same time, absolutely all employees, as well as the CEO of the project, remain anonymous. There is no evidence of their professional abilities. Therefore, we doubt that their recommendations will bring any benefit.

Account types

Pros
  • A small minimum deposit.
Cons
  • Trading conditions are not described in detail
  • No demo account
  • No swap-free
  • Monotonous and useless additional services.

Market Analysis and Education With Delosmgmt.com

There is a so-called education corner on the site. Delos Management posted several basic articles on the topic of trading there. Among the additional options, education is also available. However, you will be given enough attention only if you deposit a large amount. Otherwise, all your training will end with a couple of lessons as part of a free trial.

The same goes for market analysis. You will be provided with a lot of signals and one-on-one trading sessions only if there is quite a lot of money in your account. If you deposit a minimum 250 euros, you will receive signals within the trial period. However, here’s what worries us. The quality of these signals and market forecasts is not confirmed by anything. Delos Management does not disclose the status of its employees. How can we be sure that their signals and forecasts are profitable? That’s right, we can’t.

Deposit, Withdrawal, and Fees

The footer of the Delos Management site contains information about a variety of payment systems. You can fund your account using bank cards, wire transfers, Skrill, PayPal, and other electronic wallets. You can withdraw money using the same methods. One important nuance is that some of the payment systems may not work in your country.

Features Delos Management IC Markets  Vantage
Debit/Credit Cards ✔️ ✔️ ✔️
Electronic Payments ✔️ ✔️
Crypto Transfers ✔️
Deposit Fee
Withdrawal Fee ✔️ ✔️ ✔️

How Can I Contact It?

Contact details are provided in a separate section on the website. Delos Management offers to contact it by phone, by email, or visit one of the offices. Interestingly, according to legend, the company has representative offices in different countries. We checked whether the addresses it publishes are valid. Unfortunately, no Delos Management office was found at the specified coordinates.

Pros
  • There is a phone number and an email.
Cons
  • Fake office addresses.

Is Delos Management Dangerous?

Lack of information, unfavorable trading conditions, and minimum data about the management company are just a few problems of this broker. We are sure that this is a scam and that’s why.

How Long Does The Broker Work?

In the About Us section, you will only read that the broker works over the years. When the company was incorporated is not specified. Meanwhile, if you try to find some reviews about it, you won’t find anything earlier than 2022. And all because Delos Management is a project launched recently. Just look at the date of domain registration. The site was created on November 17, 2022. Of course, in this case, the broker does not disclose data on the duration of its work. It’s a shame to say that it’s only been afloat for a few weeks.

Domain info

How Is Delos Management Regulated?

First, we want to note that we were very amused by the situation with the choice of the law. In one paragraph of the user agreement, Delos Management wrote that it works according to the laws of England. At the same time, all issues will be resolved in the courts of Saint Vincent and the Grenadines. One would think that the broker has a split personality. However, everything is explained much more simply. The User Agreement is made up of different pieces. Therefore, there are various disagreements on it.

User Agreement

Meanwhile, there is no Delos Management company in the registry of England, as well as in the registry of Saint Vincent and the Grenadines. So, such a company simply does not exist. It means that the broker is working illegally. No regulator will issue a license to a non-existent company.

Delos Management - legal entity check

Features Delos Management FxPro  Vantage
European Zone ✔️ ✔️
Asian Zone
American Zone
African Zone ✔️
Offshore ✔️ ✔️

Frequently Asked Questions (FAQ)

How to Trade With Delos Management?

To trade on this platform, you will first need to create an account, pass verification, and deposit. Difficulties will begin already at the first stage. It is better to first contact the broker's managers and clarify how you can register on this site in general.

Is Delos Management Legit?

No, of course not. Delos management is a fake company, not listed in any registry. It doesn't have a single work license. It is a pure scam.

How Risky Is It?

Not looking at the fact that 75% of traders lose money with this broker, we are sure that all 100% remain with losses. It will not be difficult for a fake broker to leave you without a deposit. So working with Delos Management is very risky.
Kevin Berry
Ask question
Expert Opinion

Brokers-sellers of signals are my favorite brokers. Why does Delos Management make such a bet on this type of additional service? Simply because this project relies exclusively on inexperienced beginners. Usually, they are promised a rain of gold. However, in fact, such clients receive only wet weekends. Newly minted traders pay an arm and a leg for analytics. And, unfortunately, they end up with nothing because absolutely all the signals of such brokers will lead clients to a loss. Well, think for yourself. If you knew the recipe for getting rich, would you reveal it?

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Delos Management rating

The level of trust
Quick withdrawal of funds
Efficiency of technical support
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The level of trust
Quick withdrawal of funds
Efficiency of technical support

12 reviews about Delos Management

Lina January 21, 2023 - 18:36
I'm desparate
The level of trust

Can someone tell me, is it really possible to return money if you transferred it to them???? I just don’t have any strength anymore. I’m raising a child alone and I wanted to earn some money for Christmas. As a result, we opened a deal with the analyst and I lost the entire deposit on his recommendation. He told me that there was a force majeure on the market and Delos Management is not responsible for my losses. What am I going to do with all this now, I don’t know. Help and tell me who to contact.

Reply
Rick March 5, 2023 - 22:51
Fraudsters
The level of trust
Quick withdrawal of funds

At first glance, I can’t say that Delos Management is a scam. I refused to believe it until the last moment. Until I fell into their trap myself. Minus 1500 euros from my wallet:( Fell sorry for my money, but the main thing is that I managed to stop and recognize this fraud.

Reply
Christina April 13, 2023 - 19:24
The money will disappear here
Quick withdrawal of funds

Perhaps it is not necessary to talk about all the disadvantages. It is enough to say about one and the most important. Delos Management does not withdraw money.

Reply
Jenna May 20, 2023 - 01:49
Bad trading experience
The level of trust

At first, it seemed to me that it was normal when Delos Management asks for money for insurance bills, taxes, etc. But then it all became more frequent that it just became unbearable to listen to this nonsense. One day I was told that I can’t withdraw money until my balance amount grows to a certain level. At that moment, there was no time for jokes, because I understood that I would be left without money. I was offered to deposit the required amount and withdraw immediately. But I didn’t believe anything anymore. As a result, my appeals were simply ignored, and a week later the account was completely blocked.

Reply
Voight July 3, 2023 - 19:11
They ROBBED me!
The level of trust
Quick withdrawal of funds
Efficiency of technical support

I installed AnyDesk at the request of Delos Management managers. All the money from my accounts was stolen. They are scammers.

Reply
K July 20, 2023 - 02:36
Withdraw of profit
The level of trust
Quick withdrawal of funds
Efficiency of technical support

My concern is there is to.much apps to download to withdraw and the person who helps me never go through with his commitment always busy. And why can I not withdraw all my profit at once not use to trading so this really is big thing fo4 me .He says there is money but I feel I get restricted and stay in trade that stay red how can I trade myself and withdraw myself

Reply
Jannie August 28, 2023 - 06:56
Scammers
The level of trust
Quick withdrawal of funds
Efficiency of technical support

All the above is total nonsense, its a scam from the beginning….stay away

Reply
Stuart August 28, 2023 - 12:56
Delos Management is a SCAM
The level of trust
Quick withdrawal of funds
Efficiency of technical support

They have taken R100,000 and disappeared, they do not have head offices in South Africa as their website states, they traded with me for 2 months, showing huge returns and as I invested more and more, they have now totally disappeared along with my investment. They seem legitimate, and professional and want to help, but you will not be able to call them back, their numbers all revert to one source, and they answer on their support email ONLY. You cannot access your funds to do a withdrawal, they have blocked and locked everything down.

Reply
Doreen Renato September 3, 2023 - 09:48
Unbelievable
Quick withdrawal of funds

If you want to withdraw, they have so many different stories. They South African numbers are all not being answered and no e-mails are returned. From the previous webpage and design it is has changed. I am now lock you out of your account. I cannot get my money out. You feel helpless and no one helps you. I am at this point going as far as to make contact with our most famous and international reachable South African Investigative Journalist program that airs every week. They may not expose them in the next few weeks, but based on all the negative reviews here and the snaps I have taken, not getting my money back will not be the last of this. I am done with your excuses and we who aimed to make money and trusted you, we are the ones that pay the price. You target the hard working class with your promises. Its time the group ins RSA stands up against this scam.

Reply
Lou November 2, 2023 - 14:44

I got scammed by them in March. They took my entire savings. I tried visiting their South African offices, but the do not exist, nor does the one in the UK. I lost everything I had. And there is nothing you can do. They scammed hundreds of South Africans. We were a soft target because our currency is so weak. I am going through the most stressful time due to them that I landed in hospital. They destroyed all my hopes and dreams.

Reply
David Abrahams October 3, 2023 - 22:19
Scammed

I was scammed by Delos management out of my funds of 926 euros. I open an account with them, I am a pensioner they keep pushing me to put more money into my account. When I told them I am not in a position to add more funds they push me to loan money or take a loan on my bond. When I couldn’t deliver they cancel my account, paid the funds of which I opened the account with without the funds of 926 euros which had accumulate in the trading account. What am I to do in this situation.

Reply
Jaco November 17, 2023 - 05:36
Delos Management Scam

I also had a Delos account and the same happen to me. Account blocked and no money withdrawal possible. But be aware they are coming around again. I start to receive phone calls from a person with knowledge of my account with Delos and he claims that Delos is closed down by the government and that they want to pay back the money and that they need acces to my computer to copy the statements. 🚩🚩 This is just Delos in another format.

Reply

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