Broker «DeltaStock» Review

DeltaStock2 min read

Broker Review

DeltaStock was established in Bulgaria, in 1998, during which time the company’s clients were private individuals, companies and representing brokers from more than 50 countries. During its existence, the broker was able to achieve significant results, one of which is the creation of its own trading platform DeltaTrading 6. The company has a license to carry out its activities, twenty-four hours of support by phone, email and live chat.

Platforms

Usability

Assets

Users rating15 Votes

Pros Broker

Good customer support services

Safety and reliability

CFD contracts for more than 1,000 assets

Access to world markets

Cons Broker

Choice of only two accounts

Complicated verification procedure

No copy or social trading platform

No promotions for traders

Overall Broker Rating

Visit Broker

Review of the company

DeltaStock reviews from numerous users encourage attention to this dilting centre, founded in 1998 in Sofia. This is a famous CFD broker. It has become known worldwide for quality services and a client-oriented approach. Deltastock focuses on experienced traders, but does not forget about beginners. Therefore, this intermediary offers low minimum deposits for standard accounts and ECN trading.

Trading platforms

The broker provides its users with two trading platforms to choose from: popular among traders MetaTrader 4 and less well-known DeltaTrading. Demo accounts are provided for both MetaTrader 4 and DeltaTrading. Mobile versions of the terminal from MetaQuotes are also available.

Regulation

MiFID is an EU directive “On Financial Instrument Markets”, developed with the participation of the FCA. The goal of this initiative is to promote fair competition and the introduction of attractive pricing policies for customers. Compliance with the quality standards formulated in this document says a lot about the level of the Forex company.

In addition to participating in the MiFID project, various units of the DeltaStock network interact with well-known regulatory commissions and services: the British FCA, the Dutch AFM, the Italian CONSOB, the Cypriot CySEC and many others. A complete list of 18 European countries is available at deltastock.com.

Trading accounts

There are two accounts to choose from at DeltaStock. A DeltaTrading live account allows traders to trade on Forex, Spot Gold and Silver, CFDs on stocks, indices and ETFs, CFDs on Brent and WTI oil futures using the DeltaTrading platform. The required minimum deposit to open this account is $100 or the equivalent. With a live MetaTrader 4 account, traders can trade on Forex, Spot Gold and Silver.

Trading education

Deltastock has many free trading resources, such as technical analysis, direct quotes for futures, indices and forex, a currency converter, and real-time news provided by Thomas Reuters. The economic calendar presents a chart of the main global economic events over the next 5 days, and interactive charts illustrate the historical data of economic indicators, market expectations, actual values and calculated volatility. Each indicator is accompanied by a brief description that helps a novice trader get used to trading Forex and CFDs.

One of the most popular technical analysis methods used by both institutional and retail traders is to determine resistance and support levels using the so-called pivot point, which is the starting point for determining market sentiment as bullish or bearish. Deltastock provides a chart of current pivot points, as well as other technical tools for determining resistance/support levels, which include previous tops/bottoms, trend lines and trend channels, moving averages and Fibonacci retracements.

Deltastock also publishes a list of central bank interest rates, market statistics for the most popular stocks and updated relationships between one currency and another. A wide selection of video materials on the basics of trading, as well as the basics of trading, advanced trading methods and guidelines for using the DeltaTrading 6 or MetaTrader4 trading platforms is offered.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Broker Screenshot

Full Broker Name

Deltastock AD

Deposit

Country

Founded

$/€/£ 100

1998

Basic Information

Help Broker Country

Not all brokers offer their services to traders in each individual country in the world, and you need to make sure that any broker in which you «open an account» is fully licensed and regulated by the licensing authority of your country. The United States, Japan, the United Kingdom, Switzerland, Australia and the Eurozone offer strong regulation that you can trust. If you choose a broker based outside of these zones, make sure that the broker is regulated by proper regulation bodies.

This broker is located in: Bulgaria

Country: Bulgaria

Help Main Type of Broker

Broker - is a company that provides its customers with the opportunity to trade in the foreign exchange and other markets.

Market Maker (MM) - most often these brokers do not send orders to the interbank market, but only enter into transactions with the client, of course, they take prices from this market, that is, they create their own market.

Dealing Desk (DD) - a dealing desk broker is a market maker. Market makers typically offer fixed spreads and may elect to quote above or below actual market prices at any time.

No Dealing Desk (NDD) - an NDD forex broker provides direct access to the interbank market; it can be an STP or STP+ECN broker.

Straight Through Processing (STP) - its feature is to offer its participants entry / exit to the real exchange market and market prices, and they also have the right to execute orders immediately without involving the Dealing Center.

Electronic Communication Network (ECN) - provides a trading place where all participants (banks, market participants and traders) trade against each other by bidding within the system.

Direct Market Access (DMA) - technology of access to the market directly, bypassing the broker. DMA offers better execution transparency: orders are sent to the market and are being filled according to available quotes provided by liquidity providers.

Type of Broker: NDD/ECN/STP

Help Main Regulations

National Futures Association (NFA) - is a national futures organization that controls financial companies in the United States.

Financial Conduct Authority (FCA) - is an independent non-governmental financial regulator controlled by the UK Treasury.

Bundesanstalt für Finanzdienstleistungsaufsicht (BAFIN) - is the German Federal Financial Supervisory Authority, which is the central authority over financial markets and companies located in that country.

Markets in Financial Instruments Directive (MiFID) - is a special EU directive developed by the FCA to monitor financial transactions in the 27 member states of the European Union.

Cyprus Securities Exchange Commission (CySEC) - state regulatory body of investment and currency organizations in the Republic of Cyprus. As Cyprus is a member of the EU, the work of the Cyprus Commission is carried out in full accordance with the approved EU standards (MiFID European Directive).

Australian Securities Investments Commission (ASIC) - it is an Australian securities regulator that oversees the activities of financial markets.

Swiss Financial Market Supervisory Authority (FINMA) - is the Swiss government body responsible for financial regulation.

Regulation(s): MiFID, AFM, CONSOB, CySEC, FCA

Help Main Types of Platforms

MetaTrader - is the most popular and widespread trading platform. Millions of traders around the world trade on it.

WebTrader - is a terminal for online trading in an Internet browser. WebTrader is developed on the basis of MetaTrader and can work separately as an independent trading system.

cTrader - is designed for trading on the ECN market and uses STP and NDD technologies, which guarantees the broker's non-interference in the trading process.

NinjaTrader - is a high-end platform for professional trading in both currencies and stocks, futures and other exchange-traded instruments.

MirrorTrader - is a trading platform that provides unique tools for trading: real-time signals, charts, indicators, oscillators and various helpers for studying the chart.

xStation - is a multi-functional trading platform, perfect for manual traders, hedge fund managers and social traders.

SIRIX WebTrader - is a trading platform provides instant access to global financial market trading (Forex and CFD) and a social network of traders.

Trading Platform(s): MetaTrader 4, Mobile, WebTrader, Desktop, DeltaTrading

Help Main Types of Assets

Currency Pairs (Forex) - the foreign exchange market is the largest financial market in the world, with thousands of related participants.

Contract for Difference (CFD) - an agreement between two parties, commonly referred to as “buyer” and “seller”, to pay each other the difference between the price of opening a position and the closing price of a position on a traded instrument.

Exchange Traded Funds (ETF) - are a type of investment fund that tracks underlying assets like indices, bonds, commodities and divides ownership of those assets into stocks.

Stock Market Indices - are financial instruments that represent the value of the underlying publicly-traded companies.

Equities - also known as stocks, are stocks that are owned by state-owned companies. Within this asset class, there are further differences between stocks with large, medium and small capitalization.

Options - this is a type of contract that provides the right to buy or sell a certain amount of an asset at a certain price on a pre-defined time.

Crypto - works exactly the same way as the classic version of the contract for difference in prices (CFD).

Types of Assets: Forex, Spot Gold and Silver, CFDs on Stocks, Indices and ETFs, CFDs on Brent, Crypto

Help Accout Currency

A foreign exchange account, or Forex account, is used to hold and trade foreign currencies. Typically, you open an account, deposit money denominated in your home country currency, and then buy and sell currency pairs. Your purpose, of course, is to make money on your trades.

Accout Currency: USD, EUR, JPY, GBP, AUD

Trading Сonditions

$/€/£ 100 Minimum Deposit:

$/€/£ 0.01 Minimum Trade:

Yes Demo Account:

Yes Crypto Trading:

No Social Trading:

Yes Analytics:

Yes Education:

1:200 Maximum Leverage:

Yes Allows Scalping:

Yes Allows Hedging:

0.1 - 2.0 pips Average Spreads:

Payments Method

Visa Maestro PayPal Bank Transfer WebMoney Skrill

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