The Italy CONSOB Added DeliTraders into Its Warnings On 7 March 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that DeliTraders is not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela
DeliTraders
VisitRisk Level - High
DeliTraders
Risk Level - High
Scam Evidence & Warnings
BrokersView has Reviewed that DeliTraders is an Unregulated Forex Broker DeliTraders, operated by MIVA Solutions LLC, claims to be a company in Saint Vincent and the Grenadines. So we searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found a matching result. However, please be informed that SVG FSA does not regulate forex brokers or issue forex licenses. Therefore, having the registration does not mean being authorized to provide financial services. DeliTraders claims to be regulated by "International Financial Market Regulation Center (IFMRC)". However, the "IFMRC" is not a forex regulator. In other words, it is not a valid regulation. This broker also claims to be located in the UK. Then we searched the United Kingdom Financial Conduct Authority (UK FCA) but found no matching result. That means DeliTraders is not regulated in the UK. What's more, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that DeliTraders is not authorized to provide financial services in Italy. The truth is that DeliTraders is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
BrokersView has identified that DeliTraders's website is currently offline BrokersView found that the domain "https://www.delitraders.net/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
What should I do to open an account? What documents should I prepare? DeliTraders is not a licensed or regulated broker even though it states offers that look good to be true. DeliTraders claims to be owned and operated by Miva Solutions LLC, a company authorized and regulated by the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). We indeed find a match result to Miva Solutions LLC in SVG FSA. However, please be informed that SVG FSA does not regulate forex brokers or issue forex licenses. Therefore, having the registration does not mean being authorized to provide financial services. Besides, DeliTraders claims to be regulated by "International Financial Market Regulation Center (IFMRC)". However, the "IFMRC" is not a forex regulator. In other words, it is not a valid regulation. What's more, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that DeliTraders is not authorized to provide financial services in Italy. You can check the full warning from here.The truth is, DeliTraders is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like DeliTraders and trade with licensed brokers. View Source
Do they charge swap fees? If they do, how many? DeliTraders is not a licensed or regulated broker even though it states offers that look good to be true.DeliTraders claims to be operated by MIVA Solutions LLC, a company registered in Saint Vincent and the Grenadines. So we searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found a matching result. However, please be informed that SVG FSA does not regulate forex brokers or issue forex licenses. Besides, DeliTraders also claims to be regulated by "International Financial Market Regulation Center (IFMRC)". However, the "IFMRC" is not a forex regulator. In other words, it is not a valid regulation. More importantly, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that DeliTraders is not authorized to provide financial services in Italy. You can check the full warning from here.The truth is, DeliTraders is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like DeliTraders and trade with licensed brokers. View Source
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