Read our Deltachainx review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a deltachainx.com review.
Is Deltachainx 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, Deltachainx 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.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
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 Deltachainx 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 Deltachainx?
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 Deltachainx 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 Deltachainx, 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.
Deltachainx Review Conclusions
Making the Deltachainx 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 Deltachainx 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].
If you like to trade, please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
July 8 2024 we talked to Alice Weber from Lahavim Academy about investing money into bitcoin Conversation code FK3035. We had decided to test bitcoin with the minimum amount of $365,00 and we were given an account number of F7a2BG5dk.
Then July 21/04 we were contacted by Deltachainx Junior Leader Sarah that our account had risen to $545.97 USD, July 31/04 she said our account was $869.50 USD, July 31 /04 the payout balance was $552.30.
At this point we were turned over to Gavin Miller who tried to convince us to put more money to bitcoin. When refused Christian Wolff, Lloyd Henderson and Craig Hanson came on the seen and we decided to cancel and take our money out at which we were told that we would have to pay money to get our money out. I told them that never in my life I had to pay to get my money back. They said that was the only way bitcoin would release our money so we paid. We were assigned a wallet 1HghJordEiqt3LfrVmgzyK4GNbssPpCAWe by Christian Wolff on Sept 1/04. We were told that if we send them $75,000 which cost us $108,000 to liquidate our RRSP we would have all our money back with in 24 to 48 hours. They requested a void check from our bank so they could do a direct deposit which never happened. They said that I had made a mistake when I put the money into the bitcoin machine.
At this they tired to move our bitcoin money into Wealthsimple by taking $500 of ours as a test to see how it would work and it failed so now we have $442.23 in wealthsimple that we can not get at. Sept 10 /04 I down loaded $10,000 into the bitcoin in to a Localcoin machine QR code and after several different QR code Craig Hanson found one that worked 1P5w4cwr7qDi8PsEWuz64QXFawVSeuCJde
Gavin Miller stated that our money was placed in Escrow and that would cost us more money to release it. Every move we made they would come back with a comment about it would cost us more money but we would get it all back in the end and each time we sent them more money we would receive and deposit into our account with in 24 to 48 hrs.
We are into them for $700,000 and they are insisting that another $35,000 would release $1,780,924.00 but we take that as another promise which they have never kept one up till now.
The fellows that we were working with are as Follows
Romeo Carter [email protected]
Christian Wolff [email protected]
Lloyd Henderson [email protected]
Craig Hanson [email protected]
Gavin Miller [email protected]
They stated the law enforcement groups would not be able to find them so I hope you can prove them wrong.
Attached is a copy of a letter Dec 15/25 from Lloyd Henderson and Craig Hanson stating that if we paid them $90,000 CDN we would receive $1,285,000. By the time we arrange the money the price went up to $120,000 at which time another promise that in 24 to 48 hrs. the money would be in our bank account which never happened. The money was deposited into 1bitcoin not sure if it was Canada or USA but they took it out as fast as it went in. (Front door in back door out)
The phone calls have been coming on 581 689 1588
We are also having forensic audit done on our computers and router when completed we will give you the results.
Thank you for your time and effort and I hope and pray that these guys get taken down before they hurt more people.