Delawise Group Review

Read our Delawise Group review to see if we recommend this broker for trading. Just to clear doubts, this is a review.

Is Delawise Group Legit or Scam?

After taking a look at their website, it shows that they do not fall under any regulatory agency. That is a MAJOR RED FLAG!! That alone should be enough for you NOT to invest with them. They also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are infamous scammers.

So, Delawise Group is just another unregulated forex broker, which means the customers aren’t protected, and there is highly likely they will get away with your hard-earned money and there will be no regulating agency to hold them responsible.

How does the scam work?

Usually, unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit. And they will try any conceivable method in order to make that happen. They will offer deals that sound too good to be true. Like we will double your initial deposit or you will make hundreds of dollars per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, the clients get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you. Also, one thing we need to add here is: don’t trust the good Delawise Group reviews you might see online. They pay websites and services to improve their online reputation by posting good reviews about them.

Withdrawing funds

You should submit a withdrawal request immediately, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it doesn’t matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It doesn’t matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back from Delawise Group?

If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all, you need to keep the emails as proof that you have been requesting the money back from them but they don’t give it to you. Or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how they deceived you into depositing money for a non-regulated trading company. Mention also that they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact [email protected] but don’t let your broker know they you read this article or that you are contacting us.

What about wire-transfers?

If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on where you live, you can search google to find the regulatory agency for Forex brokers in your country. After that you can prepare a letter or an email describing how they deceived you. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you don’t know where to start, reach us at [email protected] and we’ll help you with this step as well.

Make sure you leave Delawise Group reviews in other sites

Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites. See what other sites have posted reviews about Delawise Group, and describe shortly what happened. If you fallen victim, please leave a review and a comment on this site at the comment section. Also, when these people change their website, they tend to call the old clients. So, if they call you from a new website, mention it in the comment or let us know about it. Also, if you get phone calls from other companies, please put the name of these companies in the comment. Or you can send them directly to us and we will expose them too.

Delawise Group Review Conclusions

Making the Delawise Group review was our pleasure, and we hope to save as many people from losing their hard-earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Delawise Group review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade, please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

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  1. Thank you for posting this – My mum was scammed by these people and is currently requesting a chargeback from her bank. She is now getting multiple calls from a variety of mobile numbers. Pushy, rude and 100% scammers.


  2. I know someone that has been fighting with Delawise trying to make a withdrawal, they’re experience is a little different, they moved their USD into USDT in “onchain”, now they need to buy ETH to be able to access the USDT, this, I do not quite understand, can you explain to me exactly what is going on and can my friend cash everything out to get their money back ? Any help would be greatly appreciated

    • They did the same to me. They sent me a fake USDT transfer (now I know because Coinbase Wallet explained to me I’m was a victim of forgery)… Delawise Group said that I had to send 1ETH to unlock the transfer and I was that fool and did it… a fake ETH was delivered to my Coinbase Wallet account via their Blockchain. ETH which I bought via and sent via external wallet to them on Blockchain… now I know why they advised me to doing that … They want to steal even this 1ETH from me … Now I have got USDT and ETH worth “0 “…


  3. Delawise Group… Scammers give you a strange loan on your account and then pressure you to repay it because they won’t pay you what you earned. And even if you manage to repay this loan, they send you a fake token transfer to Coinbase Wallet and blame Coinbase Wallet. They explain that your account is blocked and you have to buy ETH, but it’s not true because they steal it from you… As soon as you hear Delawise Group, hang up, your life will turn into a nightmare … I lost that my and my husband’s money…


  4. Delawise Group – BEWARE SCAM!!!

    I followed the link and registered online and invested $340 CAD. Quickly, I was contacted by a woman asking about my investment goals, I do believe I sent her a copy of my driver’s license. She gave me a security code to use whenever my agent contacted me. She was particularly charming, calling me “darling” or “love” at all times.

    I was contacted by a man claiming to be my agent, Jonathan Torres, and we arranged a time to talk. He had me open a Kraken account and showed me the Delawise Group portal. He also had me download an application so I could access my computer for trading. He called me almost every day to convince me to invest, showing me his tactics and legitimate investment-related websites. He invested money, and I made a few profits. He showed me how to withdraw the money and made a transfer that was accepted. Probably to inspire confidence. The receipt contained a link to the terms and conditions. I didn’t realize this and therefore didn’t read them at the time.

    Following the first two e-transfers, he came to me with another good deal and asked why I couldn’t invest. I told him I couldn’t afford it at the moment. He told me he wasn’t doing this for everyone, but was going to ask if I could apply for a $5,000 US loan to take advantage of the investment in question as it was the end of the quarter. I asked him three times for the terms, which stipulated that I could not withdraw the credit or the profits alone. When he took possession of my keyboard to write the credit application e-mail, he distracted me with his words. In fact, from the start he had been “courting” me, showing me bands and other events. Talking about the fact that he had been a sailor in the past and that he wanted to invite me to meet him on a trip, and so on. So I didn’t realize that he had written that I couldn’t make any withdrawals until the money was “refunded”.

    I agreed to payments to repay. Then a friend made me realize that the whole thing was fishy, that the return was too high. I called the bank to cancel, but as the deposits were made by e-transfer, I have no recourse. I tried to withdraw US$100 to check what was going on and it was refused. I asked them by phone and e-mail to take back the credit and give me my money, without success. I told them I was dissatisfied with their services, their predatory behavior and their harassment.

    They call me every day from different phone numbers, supposedly from Switzerland. I block them and they change the number. Welling at me and everything.



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