Review

Deltastock, incorporated in 1998 and headquartered in Sophia, Bulgaria, is an online Forex and CFD broker regulated under MiFID. It is also regulated by the Bulgarian Financial Supervision Commission a member of the ESMA (European Securities and Markets Authority) as well as the FSC.

Accounts

There are two accounts to choose from at Deltastock. The Delta Trading Live Account enables traders to trade Forex, Spot Gold and Silver, CFDs on stocks, indices, and ETFs, CFDs on Brent and WTI Crude Oil Futures using the platform Delta Trading. The required minimum deposit for opening this account is $100 or the equivalent.

With a MetaTrader 4 Live Account, traders can trade Forex, Spot Gold and Silver using the MetaTrader4. The required minimum for opening a MetaTrader4 Live Account is also $100 or its equivalent.

All account holders are assigned a dedicated account manager.

I was pleased when doing this review to see that either of the above accounts can be used as a demo account and is available for traders of all levels.

Features

Traders using the Delta Trading account can benefit from Deltastock’s advanced yet user-friendly trading platform with a wide variety of instruments including 80 currency pairs, Gold & Silver, over 1,000 CFDs on Shares, Indices, Futures, and ETFs.

Trades can be made with both fixed and variable spreads, all in one platform.

There are professional live charts, over 80 technical indicators and charting tools and a host of versatile order types.

With the Deltastock MetaTrader 4 account traders have use of the most popular trading terminal in the world. Here they can trade 80 currency pairs, Gold and Silver with tight dealing spreads (from 1 pip), no re-quotes and no commissions.

There is variety of order trypes to choose from including market, limit, stop, trailing stop and a large number of technical indicators, professional charts and Expert Advisors (EAs).

Desktop and mobile versions (iPhone, Android, Windows Mobile) of the platform make trading from anywhere at any time an easy endeavor.

Education

There is a variety of free trading resources at Deltastock such as technical analysis, live quotes on futures, indices and Forex, a currency converter and real-time news provided by Thomas Reuter.

Technical Analysis
Technical Analysis

An economic calendar provides a schedule of key global economic events coming in the next 5 days and interactive graphs illustrate economic indicators' historical data, market expectations, actual values and calculated volatility. Each indicator is accompanied with a brief description, helping the novice trader get used to Forex and CFD trading.

One of the most popular methods in technical analysis used by both institutional and retail traders is determining the resistance and support levels using the so-called Pivot Point, which is the starting point when defining market sentiment as bullish or bearish. Deltastock provides an ongoing live pivot point graph as well as other technical tools for determining resistance/support levels which include prior tops/bottoms, trend lines and trend channels, Moving Averages and Fibonacci Retracements.

Deltastock also posts listings of central bank interest rates, market stats on the most popular stocks and updated relationships between one currency and another.

Currency Correlation
Currency Correlation

Interest Rates
Interest Rates

An extensive selection of videos is provided on the basics of trading, as well as trading fundamentals, advanced trading techniques and as guides for using either the Delta Trading 6 or the MetaTrader4 trading platforms.

There is also a full glossary of financial terms.

Bonuses/Promotions

Deltastock is big on bonuses with several being offered at the time of this Deltastock review. All new Deltastock clients who open a live trading account and fund it with $100 or more receive a 10% trading bonus on their first deposit, or up to $1,000.

In celebration of their 15th anniversary they were offering a 15% cashback promotion and a 20% Cashback Bonus was awarded on an initial deposit if it was made using the online payment system Skrill. This is the first time I have ever seen this sort of promotion.

In addition, a Refer-a-Friend promotion was in place whereby each live trading account opened by a friend brought bonuses both to the original account holder and his/her referred friend. Depending on the initial deposit to the newly opened account, this promotion started with $50 for each deposit of up to $2000 and as much as $200 for a deposit of over $4000.

Deposits/Withdrawals

Depositing funds into a trading account can be done using bank wire transfers, MasterCard and VISA Credit/Debit Card, or Skrill. There are no commissions of fees involved.

Withdrawals are made via bank wire with a minimum fee of $1.00 or by credit/debit card with of fee of 2% of the payment amount.

Customer Support

Deltastock maintains two offices—one in Sophia, Bulgaria and the other in Bucharest, Romania and traders can reach representative by telephone at either of these two locations. Phone calls can be placed locally between the hours of 9am and 5pm local time.

Multilingual (over 28 languages) customer support is offered 24/5 and there is a dedicated customer service 24-hour support by phone, email and live chat.

Conclusion

Deltastock offers one of the most user-friendly interfaces in the industry. With a low minimum deposit for both Forex and CFD trading and multiple regulations to secure the utmost in client safety, Deltastock makes every effort to serve the needs of both new and experienced traders. Deltastock does not currently accept traders from the USA, Japan, Cuba, Iran, Iraq, North Korea, Sudan, Syria, Libya, Lebanon, and a host of other countries which is a shame because of their quality services.

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Features

At Deltastock, traders can benefit from a host of standard features. Most noteworthy is the user-friendly interface and easy website navigation. Their two platforms offer a great choice between the popular MetaTrader4 trading platform and their own proprietary platform, the Deltastock Trader 6 with its list of recently added features including the ability to customize the various trading platforms. There are only two trading accounts to choose from and they can both be opened with as little as $100.

Company Information

  • Broker's Name : DeltaStock
  • Headquarter : Bulgaria
  • Regulation : MiFID, FSC

Account Information

  • Type of Broker : Market Maker
  • U.S. Clients Allowed :
  • Minimum Deposit : $100
  • Maximum Leverage : 1:N/A
  • Commissions / Spreads : Fixed/Variable
  • Account 1 : DeltaTrader Live
  • Account 2 : MetaTrade4 Live
  • Demo Account :
  • Islamic Account :
  • Segregated Account :
  • Managed Accounts :
  • Institutional Accounts :
  • Deposit Options :
  • Withdrawal Options :

Instruments Traded

  • ETFs :
  • CFDs :
  • Commodities :
  • Metals :
  • Stocks :
  • Oil :
  • Gold :
  • Binary Options :
  • Indices :

Trading Platforms

  • Type of Platform : MetaTrader 4, Proprietary platform
    • Platform Languages :
      • Multiple Languages
    • OS Compatibility :
      • Mobile
      • Web
  • Trading Signals :
  • Charting Package :
  • Market Analysis :
  • Chart Trading :
  • Automated Trading :
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • E-mail Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Execution :
  • One-click Execution :
  • OCO Orders :
  • Interest on Margin :
  • Mobile Trading :

Customer Support

    • Website Languages :
      • Multiple Languages
  • Support Hours : 24/5
  • E-mail Support :
  • SMS Support :
  • Chat :

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Platforms

Deltastock offers two different trading platforms.

Delta Trading 6

The proprietary Delta Trading 6 platform was a year in the making and involved intense development and numerous additions to its beta version. The latest and final version of the platform was introduced recently and traders can now take advantage of the broker’s experience in capital markets.

Delta Trading Version Comparison
Delta Trading Version Comparison

The Delta Trading 6 can be customized and each panel can be moved and re-arranged to suit the user’s individual preferences and trading style. It is available in 8 languages: English, French, Italian, German, Spanish, Russian, Romanian, and Bulgarian and is fast and secure.

With the Delta Trading 6 platform, traders can trade in Forex, Gold and Silver, CFDs on Energy, Commodity, and Financial Futures; CFDs on Shares, Indices, and ETFs listed on the major world stock exchanges from their Desktop, Web, or Mobile versions.

Delta Trading Mobile Platform
Delta Trading Mobile Platform

MetaTrader 4

With the Deltastock MetaTrader 4 traders can use the following order types: market orders, pending orders such as stop loss and take profit allowing traders to close their position at predefined prices to limit their loss or set profit level. Trailing stop orders are available to maximize profits.

MetaTrader 4 MultiTerminal is the ideal solution for traders wishing to manage several trading accounts. It allows professional traders to simultaneously trade with thousands of Forex accounts, all at the same time.

The Deltastock MetaTrader 4 offers many features including access to a number of built-in technical indicators, such as MACD, Bollinger Bands, Parabolic SAR, Relative Strength Indicator, etc., as well as a wide range of drawing tools. In addition, MetaTrader's built-in programming language, MQL 4, enables you to create in just a few steps your own custom indicators.

The most favorable feature in MetaTrader 4 is the full automation of the analytical and trading processes, which is done via usage of already developed or custom created Expert Advisors. Expert Advisors place and adjust orders, set alerts and place trailing stops orders with no human intervention.

Traders can use the МetаTrader 4 to trade Forex, Gold and Silver on both Desktop and Mobile devices.

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User Reviews

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Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed.



1 User Reviews
Dale Paterson
Dale Paterson

I have been trading for a good few years now and with Deltastock since January 2006. While I realise that having a good broker does not contribute to a trader's success: having a bad broker certainly does not help matters. Also: I believe that credit must be given where credit is due and Deltastock certainly deserves credit (read on)!!! Customer service is excellent (I've never waited longer than a few hours, IF that, for a reply from them). I can probably count the number of re-quotes that I've had in all these years on one hand. I've never not been able to access the platform at any time during normal trading hours (systems upgrades, although very few and far between, have always been performed over weekends when the markets are closed). There has been the odd occasion where a data error has been the cause of a price spike which has erroneously executed an order of mine but on each occasion (and there's probably only been two that I can think of) the position has been re-instated without me even having to make them AWARE of the problem. Fairer than that one could not ask for. Deltastock offers 72 currency pairs for trading in addition to CFD's on commodities, individual stocks (global), stock index futures (global), Gold, Silver, and Oil (and probably a few instruments that I've forgotten to mention as well). Also: in addition to their proprietary trading platform called 'Delta Trading' (which I personally use) they offer MetaTrader 4 for trading currency pairs and Gold and Silver. In addition: Deltastock also has a Level 2 Module in their proprietary trading platform which shows currency market depth and allows the trader to choose the best price quotes from at least five other liquidity providers (FXCM, Deutsche Bank, Citibank, Interactive Brokers, and Dukascopy Bank) and offers a TRUE ECN/STP environment. Deltastock also offers trading with fixed or variable spreads in the same platform and variable spreads on the majors e.g. EUR/USD can be as low as 0.1 pips and this combined with instant order execution is ideal for scalpers (although I myself am not a scalper and trade long term only). Also: Deltastock not only accepts Bank Wire Transfers and Credit Cards but also MoneyBookers and a variety of Debit Cards. They have offices in many countries all of which are registered with the regulatory bodies in those countries (the FSA in the UK for example). I know the above probably sounds like an advertisement for Deltastock and I'm not going to lie to you i.e. I am an IB for them BUT I gain nothing from posting this review and no matter whether I'm an IB for them or not it does not change the fact that they are an excellent broker and I am willing to help anybody that is interested with their proprietary trading platform and profitable trading systems that I have coded for the platform (at no charge by the way i.e. as with a lot of traders it's only a pleasure to help because I know how difficult it can be to make money in this business). I'll tell you this: had I not found Deltastock when I did I would in all probability have given up on this business because of the bad experiences that I'd had with other brokers (in hindsight of course I didn't know that I was being 'ripped off' by these other brokers due to a lack of experience and knowledge and would just have assumed that it was impossible to make money in this business but thanks to my experiences with Deltastock as a trader I now know differently). Regards, D.

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Did you have a good experience with this broker? A bad one? Tell our team and traders worldwide about your experience in our User Reviews tab. Your email address will not be posted.

Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed.


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Review info: DeltaStock
Review Date:
Rating : 4
Reviewed By :