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Delta Trend Review | Potential Scam?

by Kevin Berry
Rating: 
  1.2/5   Reviews: 3
Delta Trend - logo

Delta Trend — a brokerage company offering CFD trading with leverage, and as stated on the official website, founded in 2015. Additionally, the firm presents quite impressive facts about itself: over 12 liquidity providers, 2 offices, an average daily turnover of over $545 million, and 60 employees. Despite these claims, there is a sense of suspicion as the headquarters address is listed in the UK, but the mentioned licenses are only from CySEC and FSCA, not FCA. The user agreement also mentions the jurisdiction of the Marshall Islands. While there are predominantly positive reviews online, it’s crucial to thoroughly investigate as there may be potential for a scam.

Highlights

🏛️ Country United Kingdom, Marshall Island
⚠️ Regulation
🖥️ Website https://delta-trend.com/
🎲 Demo Account No
⏳ Start Time 2023
💲 Minimum Deposit $250
⚖️ Minimum and Maximum Leverage 1:400
⚙️ Trading Platform WebTrader
📨 E-mail customer.support@delta-trend.com, support@delta-trend.com
📞 Phone +41215087359

First Impression of Delta-trend.com

The acquaintance with the broker begins with its official website. Delta Trend has presented a primitive and template resource for users, featuring clichéd phrases and pictures depicting people in suits and glasses, symbolizing success. Couldn’t they come up with something unique, instead of using the same old tools?

Delta Trend - official site

In addition to English, there are Malay and Dutch languages available. The website introduces us to pseudo-advantages, which are absolutely not elaborated and are presented without any substantiation. For instance, phrases like “excellent service”, “best execution”, or the clichéd negative protection, which every brokerage firm has, and presenting it as an advantage is a sign of incompetence. In short, Delta Trend did not put effort into creating the official website, but instead, filled it with meaningless text and images from the internet.

Partnership and Bonuses

Judging by the official website, there is no affiliate program in Delta Trend, as it is not even mentioned. It’s curious why such a profitable method of attracting new clients is missing? For many traders, this will be a significant drawback, as an affiliate program can provide a good additional income.

Clients can receive bonuses from Delta Trend. However, the broker offers very unfavorable trading conditions for processing them. Bonus funds cannot be withdrawn until the trader achieves a trading turnover exceeding the bonus amount by 20,000 times. Moreover, a time deadline is set for processing — 90 days.

Account Opening on Delta-trend.com

The registration process in Delta Trend is no different from other companies. Here, it is necessary to provide a name, contact details, and country, as well as agree to the terms. Traders must not be residents of the USA, who are prohibited from opening brokerage accounts in the firm.

Registration

After successful registration, the system did not even require confirmation of the provided email and phone, but immediately opened the client portal. By the way, the trading terminal is integrated into the dashboard, which is undoubtedly uncomfortable for users. It is more convenient when the client portal and platform are separate from each other. In general, so far, it seems that Delta Trend offers uncomfortable conditions.

Delta Trend - personal cabinet

In the personal account, one can perform the most standard actions:

  • View transaction history.
  • Edit personal information and upload documents for KYC.
  • Deposit funds and create withdrawal requests.

A demo account in Delta Trend was not found, so practicing with virtual money is not possible. For this, it is necessary to invest real funds. Yet another proof that the broker is absolutely not client-oriented.

Verification

For the verification process in the personal account, there is a separate section where it is proposed to upload several types of documents:

  1. Identity verification.
  2. Confirmation of residential address.
  3. Photo/scan of the bank card.
  4. Additional form with filled information required by Delta Trend.

On the official website, one can find a separate document dedicated to AML and KYC policies. It explains why this is necessary and what it is. It should be noted that in Delta Trend, the verification procedure is mandatory, but the processing time for documents is unknown.

Pros
  • There is a KYC policy, and it’s convenient to upload documents in a personal account.
Cons
  • Processing times for documents are not specified.

Trading Software

As already mentioned, the trading platform in Delta Trend is integrated into the personal account, which is inconvenient, impractical, and unsafe. The platform, depicted in screenshots on the homepage of the website, does not at all resemble the one we see in reality. It’s some kind of primitive WebTrader with minimal capabilities and without serious advantages. Such software cannot compete with most of the well-known and more popular terminals.

Terminal

The platform supports standard technical and graphical analysis, several indicators, and different types of charts. Also, traders can create lists of favorite assets, use pending orders, receive news, and change timeframes. However, it is impossible to upload any proprietary indicator or to connect an advisor for auto trading. So, the terminal at Delta Trend is not suitable for full-fledged trading, and there is no alternative.

Finally, it is worth noting the absence of a mobile application for Android/iOS. That means the platform is only available as a web version, which causes additional inconveniences.

Features Delta Trend Al-Giz TraderRepublic
Demo Account
Mobile App
Own Development

How Can I Trade With Delta Trend?

On the platform, only CFDs are available. The broker offers trading in various market classes: forex, metals, cryptocurrencies, indices, commodities, and stocks. Moreover, digital currencies are quoted not only in relation to USDT but also EURT. The minimum deposit and additional services depend on the type of account chosen by the client.

All Info About Accounts

Delta Trend offers traders 5 types of accounts:

  1. Basic. The minimum deposit is $250. This tariff is more oriented towards beginners than professional and experienced users. It includes platform and crypto wallet introduction, dedicated investment manager, spreads from 3 pips, and leverage up to 1:30.
  2. Silver. More funds are required to activate this tariff — at least $10,000. Narrower spreads and 2 live sessions in a month.
  3. Gold. From $50,000. Leverage extended to 1:400, training in the use of professional tools, 50% risk-free trade in a quarter, and other more favorable conditions.
  4. Platinum. From $100,000 and more. The same opportunities, but additionally includes exclusive trading events.
  5. VIP. Not less than $250,000. The most favorable conditions.

Additionally, Delta Trend offers premium service, but the minimum amount required for this is unknown. Premium clients receive assistance from a personal manager and support team, periodic emails containing expert analysis of upcoming trading events, and external trading webinars.

Account types

There is no doubt that Delta Trend is extracting money from clients by offering them such a lineup of account types, where the minimum deposit amount and the list of available services gradually increase. This principle is called “pay more if you want more”, and it is often used in fraudulent companies.

A leverage of 1:400 appears to be a blatant violation of regulatory requirements, so the presence of a license is highly questionable. Moreover, Delta Trend boasts zero commissions, but how does the company earn? Yes, there are spreads, but they get lower and lower with the improvement of the tariff plan, and are unlikely to cover even expenses. This hints at a dealing desk business model, which, by the way, is conveniently ignored on the website, not to mention the unknown 12 liquidity providers, which seem fictitious.

There is no Islamic account, as well as no demo account. The minimum deposit is high, and no cent tariff is offered. No customer orientation. The broker is totally inferior to its counterparts and competitors without any chance of winning.

Pros
  • Not found.
Cons
  • Inadequate conditions.
  • Important options are missing, for example, a demo account.
  • The broker tries to extract as much money as possible from clients.

Market Analysis and Education With Delta-trend.com

On the main page of the website, there is a scrolling line with online quotes of popular financial assets. In addition, Delta Trend has created its own blog, where it posts articles about trading, for example, what margin is, leverage, short/long, and other topics. The educational section contains instructions on the platform and the cryptocurrency industry.

Deposit, Withdrawal, and Fees

The list of supported methods for transferring money is available on the official website. These include credit/debit cards, bank wire transfers, and electronic wallets. Also, in the personal account, one can see Bitcoin. However, Delta Trend conceals the size of commissions and the processing time for withdrawal requests, making itself even more opaque and secretive.

Features Delta Trend Finorax Infinity Markets
Debit/Credit Cards ✔️ ✔️
Electronic Payments ✔️
Crypto Transfers ✔️ ✔️
Deposit Fee ✔️
Withdrawal Fee ✔️

How Can I Contact It?

To contact the firm’s managers, there are two ways: email and phone number. Checking the contacts revealed nothing. However, it is worth noting the absence of an online chat on the official Delta Trend website for prompt communication with staff. Moreover, the broker does not have accounts on social media, where one could learn the latest news or any conditions.

Pros
  • There is a phone number and an email address.
Cons
  • No online chat and no social media accounts.

Is Delta Trend Dangerous?

Judging by the inadequate trading conditions and the primitive platform, it is unlikely that the company can be called safe and profitable. Delta Trend presents impressive facts about itself, which require thorough verification. First, we will check whether the company really started operating in 2015 and owns licenses, or if it is all lies. And then we will draw a verdict.

How Long Does The Broker Work?

The founding date stated on the Delta Trend website is 2015, but where is the proof? It is missing. Instead, there is a fresh domain registered only in July 2023, and a small number of reviews on the internet. This suggests that the broker started working quite recently, so the stated founding date is fake.

Domain

How Is Delta Trend Regulated?

At the bottom of the page, one can see that the broker is regulated by CySEC and FSCA. However, it is a lie. For example, our hero is not found in the registry of the Cyprus Securities and Exchange Commission (CySEC). Moreover, since the firm is allegedly based in the UK, it should have a license from the FCA, but Delta Trend is absent in the registry, indicating illegal activity.

Delta Trend - FCA

Even more interesting is the registry of legal entities in the UK. Because Delta Trend is absent there. So where is the firm actually based? And does it really exist? In the screenshot below, one can see organizations with a similar name, but they have no relation to the hero of our review.

Delta Trend - Companies House

Features Delta Trend WebTradePros Sollari
European Zone
Asian Zone
American Zone
African Zone
Offshore

Frequently Asked Questions (FAQ)

How to Trade With Delta Trend?

To start trading, it is sufficient to register an account and pass identity verification. However, it is necessary to fund the deposit, as there is no demo account for testing.

Is Delta Trend Legit?

The broker operates illegally. The office in the United Kingdom turned out to be fake, as well as the licenses from CySEC and FSCA. The company also does not have regulation from the British FCA. Therefore, it can be stated with certainty that the activity is illegal.

How Risky Is It?

Delta Trend represents a maximum risk because such firms are almost guaranteed to be fraudulent.
Kevin Berry
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Expert Opinion

12 liquidity providers and not a single name mentioned. Half a million in turnover, but no proof of it. Delta Trend is a nominee for the “lie of the year” or ‘”fake of the year” award. They also lied about the duration of operation, the number of offices, and employees. In reality, it is a black scam broker, stealing money from all users who fell for this trick of fraudsters. The most obvious fraudulent platform that has been exposed. Please, first check the intermediary for such red flags, and then decide on opening a brokerage account. There is no point in trading here, as this is just a regular fake and scam.

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Delta Trend 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

3 reviews about Delta Trend

Ivan January 2, 2024 - 20:05
Help, please!!!
The level of trust
Quick withdrawal of funds
Efficiency of technical support

HELP!!! Can’t withdraw my money from here. Stuck $1,500 and the managers are not responding to me!! Can something be done? This is not normal!!!

Reply
gurich January 9, 2024 - 16:29
a lot of downsides, a lot of risk.
The level of trust

saw nothing good in delta trend. if you check the licenses, it turns out that they are missing. that is, the firm blatantly lies to your face without blushing. how should this be understood? only negatively. stay as far away as possible from such frauds, there’s nothing to do here, you will only lose all your money if you trust these criminals.

Reply
BTC_BTC January 13, 2024 - 00:16
Lost $300
The level of trust
Quick withdrawal of funds
Efficiency of technical support

I lost $300 here. I can’t get my money back because the scammers don’t process my withdrawal request. Delta Trend are pathetic fraudsters who appropriated my funds for themselves. They can’t be influenced and it’s impossible to contact them to discuss a refund. Just some anonymous scammers who created a fake brokerage site.

Reply

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