Note: Regrettably, the official website of Delta Capitals, namely https://delta-capitals.co/, is currently experiencing functionality issues.
What is Delta Capitals？
Delta Capitals is a trading platform based in Cyprus, operating in an unregulated environment. The platform offers a range of account options. With a minimum deposit of $250, users can access a web-based trading platform offered by Delta Capitals. However, the lack of an accessible official website raises concerns regarding the platform's trustworthiness. Customer support is available via phone as well as through email.
If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.
Pros & Cons
Pros
- Multiple Account Types: Delta Capitals offers six account options, catering to different investor preferences and financial capabilities. This flexibility can be beneficial for traders with diverse needs.
Cons
- Not Regulated: Delta Capitals operates without regulation, which can raise concerns about the platform's credibility and the security of investors' funds. Regulation provides a level of oversight and protection for traders, which is absent in this case.
- Higher Spreads: The platform imposes relatively higher spreads from 1.7 pips compared to some other brokers. High spreads can diminish profits for traders, particularly those engaged in frequent trading activities.
- Not MT4 Supported: Delta Capitals does not support the MetaTrader 4 (MT4) trading platform, which is widely used and preferred by many traders for its user-friendly interface, advanced charting tools, and extensive market analysis capabilities.
- Inaccessible Website: The platform's website is inaccessible, which can hinder users from accessing important information, conducting research, or reaching out for support. This lack of accessibility raises concerns about the platform's transparency and legitimacy.
- Non-transparent Trading Conditions: Delta Capitals' trading conditions lack transparency, meaning that important details about fees, commissions, funding methods and other aspects of trading may not be readily available to users. This opacity can make it difficult for traders to make informed decisions and assess the risks associated with trading on the platform.
Is Delta Capitals Safe or Scam？
Delta Capitals is currently operating without any valid regulation, leaving investors vulnerable to significant risks. In the absence of regulation, the individuals managing the platform could abscond with investors' funds, escaping accountability for their potentially criminal actions. Investors face the alarming possibility of sudden disappearance without warning, underscoring the precarious nature of entrusting funds to Delta Capitals.
Besides, the inaccessible official website raises red flags regarding the trustworthiness of their trading platform. These factors compound the inherent risks associated with investing in Delta Capitals.
Account Types
Delta Capitals provides 6 types of account options to cater to diverse investor preferences and financial capabilities. These accounts include:
DELTA VIP PLATINUM:
- Minimum Deposit: $100,000
- This premium account is designed for high-net-worth individuals seeking exclusive benefits and personalized services.
DELTA VIP:
- Minimum Deposit: $50,000
- The DELTA VIP account targets investors with a substantial capital base. This account tier offers advanced features and services, providing a balance between exclusivity and accessibility.
INVESTOr:
- Minimum Deposit: $10,000
- The INVESTOr account is suitable for those with a moderate investment capacity. It provides a stepping stone for investors looking to access a more comprehensive range of services compared to standard accounts.
ISLAMIC:
- Minimum Deposit: $10,000
- Tailored for investors adhering to Islamic financial principles, the ISLAMIC account adheres to Sharia-compliant practices. It offers a platform for ethical and interest-free investment opportunities.
STANDARD:
- Minimum Deposit: $5,000
- The STANDARD account is a more accessible option for investors with a lower capital threshold. It provides basic features and services suitable for those starting their investment journey or looking for a straightforward approach.
STUDENT:
- Minimum Deposit: $250
- The STUDENT account is designed to accommodate investors who are students or have limited financial resources.
Leverage
Delta Capitals offers a maximum leverage of 1:200 to its investors. Leverage allows traders to control a large position with a relatively small amount of capital, magnifying potential profits. However, it's essential to understand that high leverage also increases the level of risk associated with trading. With a leverage ratio of 1:200, investors can potentially amplify their gains by a factor of 200, but this also means that losses could be similarly magnified.
While leverage can be a powerful tool for experienced traders looking to maximize their returns, investors should exercise caution and prudence. High leverage significantly heightens the risk of substantial losses, especially in volatile markets or during unexpected market movements.
Spreads & Commissions
Delta Capitals provides a range of account options catering to various investor profiles, each offering different spreads to suit different trading needs. The DELTA VIP PLATINUM account boasts the lowest spread at 1 pip, making it an attractive option for those seeking competitive trading costs.
Meanwhile, the DELTA VIP and INVESTOR accounts offer a slightly wider spread of 1.7 pips, providing advanced features and services for investors with varying capacities. The ISLAMIC account, designed for adherents of Islamic financial principles, comes with a spread of 3 pips, allowing investors to engage in interest-free investment opportunities.
The STANDARD account, with a spread of 2 pips, offers a middle-ground option, while the STUDENT account, featuring a spread of 3 pips, caters specifically to students with limited financial resources.
Unfortunately, due to the inaccessible website, specific information regarding commissions charged by Delta Capitals is unavailable. This lack of transparency raises concerns about the completeness of information provided to investors, highlighting the importance of thorough research and caution before engaging with the platform.
Trading Platform
Delta Capitals offers its clients a web-based trading platform. The platform is reminiscent of previous iterations used by unregulated brokers, featuring a familiar interface with some added functionalities. Users can manage charts and execute trades, including pending orders, within the platform.
While the design may be appealing, the functionality of the platform falls short when compared to industry-leading platforms like MetaTrader 4 (MT4). In terms of chart management and order execution, the Delta Capitals platform offers basic capabilities but lacks the comprehensive tools and features found in more advanced platforms.
Customer Service
Customers can get in touch with customer service line using the information provided below:
Telephone: +44 203 8074771 / +74951453777
Email: team@delta-capitals.co
Conclusion
In conclusion, Delta Capitals presents a mixed picture for potential traders. While the platform offers flexibility with multiple account types, it is marred by significant drawbacks that raise red flags about its reliability and suitability for trading. The lack of regulation, higher spreads, absence of MT4 support, inaccessible website, and non-transparent trading conditions are concerning factors that could undermine traders' confidence and expose them to unnecessary risks.
Engaging with an unregulated platform like Delta Capitals entails substantial uncertainty and potential vulnerabilities, as there's no external oversight to ensure fair practices and safeguard investors' interests.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
2024-02-28 15:36
