- What is DeltaStock?
- DeltaStock Pros and Cons
- Is DeltaStock Safe or a Scam?
- Leverage
- Accounts
- Instruments
- Fees
- Spreads
- Deposits and Withdrawals
- Trading Platform
- Customer Support
- Education
- Conclusion
Our Review Method
- 55Brokers Financial Experts with over 10 years of experience in Forex Trading check all trading offerings, regulations and licenses, fees, spreads, platforms, customer service, and placed traders to see trading conditions and give expert opinions about DeltaStock.
What is DeltaStock?
DeltaStock is a Bulgaria-based Forex trading broker that provides various financial instruments, including Forex, shares, commodities, indices, crypto CFDs, and more.
Based on our research, the firm is regulated and authorized by the Financial Supervision Commission (FSC) in Bulgaria. The regulatory body plays a crucial role in ensuring the stability and integrity of the financial sector by enforcing regulatory standards and protecting the interests of investors.
Overall, the broker provides competitive trading conditions and a diverse range of trading instruments through the advanced trading platform.
DeltaStock Pros and Cons
Per our findings, the broker has both advantages and disadvantages that are important to consider. On the positive side, it offers a diverse range of financial instruments, a low minimum deposit requirement, and access to the advanced MT4 and MT5 trading platforms. The firm also provides comprehensive educational materials and resources.
For the cons, there is no 24/7 customer support available. Also, the brokerage operates under a single regulatory body, which could be a drawback for some traders seeking accounts with multiple regulatory authorities.
Advantages | Disadvantages |
---|
European license and oversee | No 24/7 customer support |
Good trading conditions | No additional license |
Competitive pricing | |
Trading instruments | |
MT4 and MT5 trading platforms | |
Education | |
Low minimum deposit | |
Professional trading | |
DeltaStock Review Summary in 10 Points
🏢 Headquarters | Bulgaria |
🗺️ Regulation | FSC |
🖥 Platforms | MT4, MT5, Delta Trading Web, Desktop, and Mobile |
📉 Instruments | Forex, Precious Metals, Shares, Indices, Futures, Commodities, ETPs, ETFs, Crypto CFDs |
💰 EUR/USD Spread | 0.8 pips |
🎮 Demo Account | Available |
💳 Minimum deposit | $100 |
💰 Base currencies | USD, EUR, GBP |
📚 Education | Provided |
☎ Customer Support | 24/5 |
Overall DeltaStock Ranking
According to our analysis, DeltaStock provides a trustworthy trading environment with competitive fees, making it an attractive option for traders of all levels. The broker offers access to well-known MetaTrader trading platforms that allow users to trade well-known trading instruments.
- DeltaStock Overall Ranking is 7.9 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry-leading brokers.
Ranking | DeltaStock | Eurotrader | XTrend |
---|
Our Ranking | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐ |
Advanatges | Trading Platforms | Trading Conditions | Trading Instruments |
DeltaStock Alternative Brokers
After considering multiple factors such as trading features, regulatory compliance, spreads, trading instruments, and user reviews, we have conducted an analysis and compiled a list of potential broker alternatives to DeltaStock.
- Eurotrader – Competitive Trading Spreads
- XTrend – Range of Trading Instruments
- Errante – Competitive Trading Conditions
Is DeltaStock Safe or Scam?
No, DeltaStock is not a scam. It is a regulated brokerage company authorized by the European FSC (Bulgaria). The regulatory authority imposes strict rules and regulations to ensure high standards in the financial industry.
Is DeltaStock Legit?
Yes, DeltaStock is a legit and regulated financial trading provider that follows the necessary regulations for offering Forex trading services. The broker’s commitment to compliance with industry standards is evident through its regulation under a respected European authority.
See our conclusion on DeltaStock Reliability:
- Our Ranked DeltaStock Trust Score is 8 out of 10 for good reputation and services provided. However, we recommended conducting your research, reviewing customer feedback, and considering personal factors before deciding to engage with the broker.
DeltaStock Strong Points | DeltaStock Weak Points |
---|
Investors Compensation Fund (ICF) | None |
Passported under MiFID II | |
Negative balance protection | |
Client Trading Protection
According to our findings, DeltaStock adheres to regulatory standards that aim to safeguard client interests. Additionally, the broker employs encryption and security protocols to protect clients’ personal and financial information.
Moreover, the firm offers additional protections, such as negative balance protection, which ensures that clients do not incur losses exceeding their account balance. However, we suggest conducting thorough research, including reading user reviews and considering other factors, to assess the broker’s reputation and legitimacy.
DeltaStock Leverage
Leverage is a useful tool that enables traders to enter the market with limited capital. However, its use can lead to substantial profits or losses as well. As such, traders should have a comprehensive understanding of how leverage works and its possible consequences before engaging in any trading activities that involve leverage.
DeltaStock leverage is offered according to FSC regulation:
- European traders are eligible to use a maximum of up to 1:30 for major currency pairs. However, the website states the potential for higher leverage of up to 1:200, so understanding the implications and risks associated with leverage is crucial before making decisions about its use in trading.
Account Types
Per our research, the brokerage provides different account options to meet the diverse requirements of traders. These account types include DeltaTrading Standard Accounts, MetaTrader 5 Live Accounts, MT4 Trading Accounts (standard trading and trading with commissions), and DeltaStock Pro Accounts.
Pros | Cons |
---|
Low minimum deposit | None |
Variety of accounts | |
Demo account | |
Opening DeltaStock Trading Account
Opening an account with a broker is quite an easy process, as you can log in and register with DeltaStock within minutes. Just follow the opening account or sign-in page and proceed with the guided steps:
- Select and Click on the “Open Account” page
- Enter the required personal data (Name, email, phone number, etc.)
- Verify your data by uploading documentation (residential proof, ID, etc.)
- Complete the electronic quiz confirming your trading experience
- Once your account is activated and proven, follow with the money deposit.
Trading Instruments
DeltaStock provides access to over 1000 instruments in diverse asset classes, such as Forex, Precious Metals, Shares, Indices, Futures, Commodities, ETPs, ETFs, and Crypto CFDs. The firm enables traders to diversify their portfolios and participate in various markets according to their individual preferences and trading strategies.
- DeltaStock Markets Range Score is 8.9 out of 10 for a wide range of trading product selections.
DeltaStock Fees
After examining the broker’s fee offering, we found that DeltaStock provides competitive pricing for its trading services. The fees depend on the selected account type and encompass spread-related charges, swap rates, and other transaction costs.
However, for the most accurate and up-to-date information on DeltaStock’s fees, traders should consult the broker’s official website or get in touch with their customer support to access comprehensive fee schedules and stay informed about any recent updates.
- DeltaStock Fees are ranked low or average with an overall rating of 8 out of 10 based on our testing and compared to over 500 other brokers.
Fees | DeltaStock Fees | Eurotrader Fees | XTrend Fees |
---|
Deposit fee | Yes | No | No |
Withdrawal fee | No | No | Yes |
Inactivity fee | Yes | No | No |
Fee ranking | Low/Average | Low | Low/Average |
Spreads
Based on our test trade, the broker provides competitive spreads, both fixed and variable, with an average spread of 0.8 pips for the EUR/USD currency pair in the Forex market.
However, spreads can vary based on market conditions, volatility, and liquidity, so consult the broker’s website or contact customer support for detailed information on the spreads they offer for specific instruments and account types.
- DeltaStock Spreads are ranked low or average with an overall rating of 8.5 out of 10 based on our testing comparison to other brokers. We found Forex spread lower than the industry average of 1.2 pips and the spreads for other instruments are competitive too.
Asset/ Pair | DeltaStock Spread | Eurotrader Spread | XTrend Spread |
---|
EUR USD Spread | 0.8 pips | 0.10 pips | 0.2 pips |
Crude Oil WTI Spread | 1 | 0.02 | 0.3 |
Gold Spread | 0.40 | 0.15 | 1 |
Deposits and Withdrawals
Per our research, the broker provides multiple funding methods to facilitate deposits and withdrawals for traders including bank wire transfers, credit/debit card payments, and electronic payment processors. These methods offer flexibility to clients, allowing them to choose the option that best suits their preferences and requirements.
- DeltaStock Funding Methods we ranked good with an overall rating of 8 out of 10. Fees are low, and you can also benefit from various account-based currencies.
Here are some good and negative points for DeltaStock funding methods:
Advantage | Disadvantage |
---|
Variety of funding methods | None |
Fast digital deposits | |
DeltaStock Minimum Deposit
To open a live trading account with the broker, clients need to deposit $100 as an initial deposit amount.
DeltaStock minimum deposit vs other brokers
|
DeltaStock |
Most Other Brokers |
Minimum Deposit |
$100 |
$500 |
DeltaStock Withdrawals
Based on our analysis, the withdrawal process is both convenient and quick. Moreover, the broker does not impose charges for the withdrawal of funds.
Withdraw Money from DeltaStock Step by Step:
To initiate a withdrawal fund from your trading account, the brokerage firm provides a set of typical steps that can be followed:
- Login to your account
- Select Withdraw Funds’ in the menu tab
- Enter the withdrawn amount
- Choose the withdrawal method
- Complete the electronic request with the requirements
- Confirm withdrawal information and Submit
- Check the current status of withdrawal through your Dashboard
Trading Platforms
DeltaStock offers a diverse range of trading platforms to cater to the preferences and needs of its users. Traders can use the widely popular MetaTrader 4 and MetaTrader 5 platforms, known for their advanced charting tools, technical analysis capabilities, and algorithmic trading support.
Additionally, the Delta Trading Web platform provides a web-based interface for convenient and accessible trading from any device with an internet connection. For those who prefer a stand-alone application, DeltaStock offers desktop platforms compatible with both Windows and Mac operating systems. Moreover, mobile traders can engage in the markets on the go through DeltaStock’s mobile trading apps, providing flexibility and real-time access to trading activities from smartphones or tablets.
- DeltaStock Platform is ranked good with an overall rating of 8.9 out of 10 compared to over 500 other brokers. We mark it as good since it offers advanced trading platforms and mobile apps.
Platforms | DeltaStock Platforms | Eurotrader Platforms | XTrend Platforms |
---|
MT4 | Yes | Yes | No |
MT5 | Yes | Yes | No |
cTrader | No | No | No |
Own Platforms | Yes | No | Yes |
Mobile Apps | Yes | Yes | Yes |
Trading Tools
We found that the broker provides a comprehensive set of trading tools to assist traders in making informed decisions and enhancing their trading experience. These tools may include advanced charting features, technical analysis indicators, and risk management tools integrated into their trading platforms such as MT4 and MT5.
Additionally, traders might benefit from market analysis resources, economic calendars, and other relevant information to stay updated on market trends and events.
Customer Support
The platform offers 24/5 customer support via live chat, email, and phone lines. Additionally, the support team includes trading experts who can assist with technical support, analysis recommendations, general inquiries, and operational issues.
- Customer Support in DeltaStock is ranked good with an overall rating of 7.9 out of 10 based on our testing. The support team is responsive during working days, ensuring efficient assistance.
See our find and ranking on Customer Service Quality:
Pros | Cons |
---|
Phone support, email, live chat | No 24/7 customer support |
Relevant answers | |
Supportive customer service | |
DeltaStock Education
In the end, the broker provides educational resources to enhance the knowledge and skills of their clients. These resources include learning courses, video tutorials, articles, and other educational materials covering various aspects of trading, market analysis, and risk management.
- DeltaStock Education ranked with an overall rating of 7.9 out of 10 based on our research. We found that the broker offers good learning materials suitable for all levels of users to enhance their trading knowledge.
DeltaStock Review Conclusion
In conclusion, DeltaStock is a reliable and regulated brokerage firm that presents a diverse range of financial instruments and trading platforms to cater to the needs of a broad range of traders. With competitive pricing, convenient deposit and withdrawal processes, and a commitment to trader education, the broker aims to provide a comprehensive trading experience.
Overall, the broker offers a competitive trading environment that caters to traders of various skill levels. However, we advise conducting your research and evaluating whether the broker’s offerings suit your specific trading requirements.
Based on Our findings and Financial Expert Opinions DeltaStock is Good for:
- European traders
- Currency trading
- Professional trading
- Currency trading
- Competitive prices
- Beginners
- Advanced traders
- NDD/STP execution
- Good learning materials
- EA/Auto trading
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