DeltaStock Alert

DeltaStock

On May 3rd, 2024, Brokervictims received notice about a possible scam through its CRM system. IOSCO also cautioned that this might be a fraud. DeltaStock is a trading platform offering two options: a proprietary platform and MetaTrader 5. They offer various account types and features like market analysis tools. The downside is that they claim to be regulated by the FSC (Financial Services Commission) which is considered a weaker regulatory body compared to the SEC. The FSC provides less investor protection. Additionally, there are mixed reviews about DeltaStock, with some users reporting negative experiences. Finally, there is no clear information about fees on their website.

While DeltaStock may be a legitimate forex broker, there are some concerns.  The weaker regulatory oversight and limited reviews suggest caution. It’s always best to choose a forex broker that prioritizes client safety and offers clear information about fees and regulations.

If you were scammed by this broker, collect all communication records (emails, chats), and bank statements, and file a report with your local law enforcement agency. 

Consider submitting a complaint with Brokervictims. They can assist you with further investigation and facilitate the process of fund recovery.

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