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DeliTraders Broker Review

 

 

We learned everything we needed to know about DeliTraders from a quick check at the many complaints and cautions posted there. We won’t, however, leave you in the dark, so let’s get started. We’ll demonstrate in detail why it’s unsafe and illogical to invest your money with this company.

 

 

Broker status: Offshore Broker
Regulated by: Unlicensed brokerage
Blacklisted as a Scam by: BaFin, FSMA, CNMV, CONSOB
Owned by: Miva Solutions LLC
Headquarters Country: Saint Vincent and the Grenadines
Foundation year: 2021
Supported Platforms: MT4, Sirix
Minimum Deposit: 250 EUR
Cryptocurrencies: No
Types of Assets: FX, commodities, indices, futures, shares
Maximum Leverage: N/A
Free Demo Account: Yes
Accepts US clients: No

 

 

DeliTraders Regulation

Miva Solutions LLC from Saint Vincent and the Grenadines is the owner of the brand DeliTraders. This trading company is well-known in the industry for its numerous fraudulent practices and another swindling business that it owns, Euro Capitals.

You have no protection for your money because the brokerage is situated abroad, operates under no rules, and is just registered with the FSA. There are no assurances that you will ever be able to withdraw any funds or that the broker won’t abruptly close shop and vanish, as many of these sorts do.

 

Warnings From Regulators

Many European countries have blacklisted the broker and its owner. BaFin in Germany is issuing warnings to us. The Spanish CNMV released a similar statement. According to Belgian regulator FSMA, the company is engaging in fraud and rendering financial services without license. The broker was also included on the black list by the Italian CONSOB.

 

Fund Withdrawal Issues 

No wonder there are so many complaints about withdrawal issues given that the firm is obviously a fraud. Finding a bank that holds the money and following transactions might be difficult when the broker is abroad. Brokers of this sort, like DeliTraders, don’t give a damn about their customers. They simply want to amass as much cash as they can and then vanish at some time.

When investing money in such businesses, use caution and alert yourself to anything odd, such an account blockage or similar.

Reviews indicate that the broker is mostly active in Germany, Spain, Albania, and Italy. In addition, we have seen unfavorable remarks from Belgium, Australia, Canada, and other countries. Wherever you reside, be aware that DeliTraders offers financial services without regulatory clearance, and there are no assurances that any losses you sustain will be refunded.

 

Traders About DeliTraders Scam

As was already indicated, withdrawals are the subject of several complaints. In addition, the broker misled clients into believing they could visit the office by listing an address in London as the actual headquarters. When they gave it a try, though, they realized it was only a component of the broker’s scam.

Since there are no favorable reviews, dealing with DeliTraders requires extreme caution.

 

Frauds involving online trading aren’t all that different from other scams. With the primary objective of extorting money and clients’ banking information, false businesses are being founded. You may be contacted through social media or a trade advertisement, offered help and earnings, only to lose your money and search for a refund option.

 

Are you having trouble successfully requesting a withdrawal from your broker? Tell us about it and add a comment.[/vc_column_text][/vc_column][/vc_row]

 

 

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1 Comment

Johnny August 11, 2022 at 8:02 pm

I’ve been looking for this company because after they locked my account with 35,000 and nearly put me in a bad situation with my wife, it wasn’t an easy time until birdnbirdconsultants.com helped me and I was given a refund.

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