Deltastock Forex Trade Platform and Broker Review

Deltastock Forex Trade Platform and Broker Review

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DeltaStock Broker Review

Deltastock is an amazing, reputable financial asset management firm that was established in 1998 in Bulgaria. Deltastock’s main financial services include offering financial instruments as a contract for differences (CFDs) spread across several asset classes.

Deltastock has between 10 and 50 employees and is headquartered in Bulgaria.

Is Deltastock Regulated?

Yes, Deltastock is regulated by the Bulgarian Financial Supervision Commission (FSC) which provides the broker with the necessary regulation for a cross-border license. This authorizes Deltastock to offer investment and ancillary services.

Deltastock keeps client funds segregated from its operational funds in bank accounts with top-tier European banks. These funds are only used towards trading activities and may not be used by the broker for any other purposes.

Is Deltastock Regulated in the United States?

No, Deltastock is not regulated in Virginia or any other US state.

Is Deltastock Regulated in Europe?

Yes, Deltastock is regulated in Europe by the Financial Supervision Commission (FSC) in Bulgaria as a forex broker in Europe.

Is Deltastock regulated in a Tier-1 Jurisdiction?

With Tier-1 jurisdiction, Deltastock has the license to offer financial services to forex traders in Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Israel, Japan, Luxembourg, Netherlands, New Zealand, Norway, Puerto Rico, Singapore, Sweden, and Switzerland.

According to the official Deltastock website, Deltastock is regulated in Tier-1 jurisdiction.

Is Deltastock regulated in Tier-2 Jurisdiction?

With Tier-2 Jurisdiction, Deltastock has the necessary licenses to provide financial services to forex traders in the British Virgin Islands, Cayman Islands, Cyprus, Italy, Malaysia, Mexico, Poland, Portugal, Spain, and Taiwan.

According to the official website, Deltastock is regulated in Tier-2 jurisdiction.

What are the Platforms and Tools for Forex Trading in Deltastock?

Deltastock offers forex traders with the use of the popular MetaTrader 4 as well as its own proprietary trading platform called Delta Trading.

  1. Deltastock’s MetaTrader 4 is the most widely used and popular trading platform in the trading industry that offers forex traders real-time charting, price quotes, complex market analysis tools, and access to Deltastock’s wide range of financial instruments.
  2. Delta Trading is Deltastock’s trading platform that offers forex traders a variety of functionalities to ensure that the trading needs and objectives of forex traders are met. With this trading platform, forex traders have access to the full range of financial instruments, charting capabilities, tools for technical analysis, and more.

Does Deltastock Have a News Blog for Forex News?

Yes, Deltastock has a news blog for forex news. The news blog offers forex traders with access to the most recent updates in the financial markets, helping forex traders anticipate any moves in the market in addition to aiding with an in-depth fundamental analysis.

Does Deltastock Have a Traders Dashboard?

Yes, Deltastock has a forex traders dashboard. This is presented in the form of its technical analysis that offers forex traders insights into various financial instruments and their price movements. 

Does Deltastock Have an Educational Section?

Yes, Deltastock has an educational section on its official website. This section serves to provide forex traders with a variety of educational materials to help forex traders learn about the basics, it also helps more advanced forex traders acquire more in-depth knowledge regarding important aspects of trading strategies.

The lessons offered by Deltastock are interactive and provide practical examples and quizzes. 

What is the content of Deltastock Forex Education?

Deltastock has three sections that are dedicated to different experience levels including:

  1. Beginner forex traders
  2. Advanced forex traders

There is also a Video Gallery provided that features a variety of videos on the following topics:

  1. “Delta Trading Desktop Video Guide”.
  2. “Placing orders”.
  3. “Positions”
  4. “Stop and Limit to a position”.
  5. “Trailing stop”, and more.

The Beginners educational section covers the following topics:

  1. “What is a contract for difference (CFD)?”
  2. “What is a spread, pip, and lot?”
  3. “What is the difference between leverage and margin?”
  4. “How to control risk?”
  5. “What is a margin call?”
  6. “What are shares, indices, ETFs, oil?”
  7. What is technical and fundamental analysis?”
  8. “What are the most common errors in trading?”

The Advanced forex traders educational section covers the following topics:

  1. “Advanced fundamental analysis”.
  2. “Advanced technical analysis”.
  3. “Advanced technical indicators”.
  4. “How to calculate the average price and result in Delta Trading”.
  5. “How to calculate the average price and result in MetaTrader 4”.
  6. “How to calculate the rollover fee on overnight positions”.
  7. “How are interest rates calculated and why are they important?”
  8. “What are dividend adjustment payments and how are they calculated?”

Is Deltastock Legit?

Yes, Deltastock is a legit Forex Broker and Trade Platform that has regulation through FSC.

Is Deltastock Safe?

Yes, Deltastock is a reliable and safe Forex Trade platform as far as regulation is concerned, with regulation and authorization through the Financial Supervision Commission (FSC) in Bulgaria.

According to stringent requirements, Deltastock is obliged to keep funds in segregated accounts with top-tier banks, separate from the operational funds of the broker.

Is Deltastock a Good Broker?

Yes. According to a Forex Suggest review, Deltastock is a good broker in terms of security, trading speed, online support, and cryptocurrencies. 

  1. In terms of security, Deltastock offers a secure and safe trading environment by making use of stringent security protocols to ensure that information, data, and transactions are encrypted.
  2. In terms of trading speed, Deltastock offers adequate trade execution speed, low latency, and minimal slippage.
  3. As far as online support is concerned, Deltastock offers forex traders a live chat function that is available on the official website, 24/5.
  4. In terms of cryptocurrencies, Deltastock offers the trade in Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dash, Ethereum Classic, and Zcash that can be traded as CFDs.

What is the Offering of Investment in Deltastock?

Offerings of Deltastock can be found below.

Feature Deltastock
Forex Trading Yes
CFDs Yes
Forex Pairs Yes
Cryptocurrency (Physical) No
Cryptocurrency (CFD) Yes
Social Trading  No

Does Deltastock have Nasdaq?

Nasdaq is the US stock index that tracks the top 3,000 technology stocks from tech and biotech giants in the United States.

Deltastock offers the trade-in Nasdaq by offering Share CFDs of these top companies.

What are the Awards of Deltastock?

According to the official sources as well as forex trading platforms, Deltastock does not have any awards listed to date.

How to Use Deltastock for Forex trading?

To use Deltastock, a forex trader should have the necessities below:

  1. Forex traders must have a valid form of identification and proof of their residential address that is not older than 3 months.
  2. Forex traders must be 18 years or older.
  3. Forex traders must be able to pay the $100 minimum deposit requirement.

Once a forex trader meets the conditions above, they can register a forex trading account to use the services of Deltastock.

How to open a Forex trader account with Deltastock?

To open a Forex Trading account with Deltastock, a trader should follow the steps below.

  1. Forex traders can visit the official Deltastock website and select “Open Account”.
  2. Forex traders can select “Open Live Account” from the popup window when prompted.
  3. Forex traders can choose whether they want to register a Delta Trading Live Account or a MetaTrader 4 Live Account.
  4. Despite the account type that forex traders choose to register, they will be required to complete several sections regarding their personal details, assessment of appropriateness, legal information, and the submission of their proof of ID and residential address.

What are the Forex Trader Account Types with Deltastock?

Forex Trading Platform and Financial Asset Management Institution Deltastock has 3 different account types that are offered.

Deltastock Account Types are listed below. 

  1. Demo Account

  2. Delta Trading Live Account

  3. MetaTrader 4 Live Account

 

  • Demo Account

The demo account that Deltastock offers forex traders offers them virtual funds that can be used in a risk-free trading environment. forex traders can either use this account to practice their trading, test out their trading skills, or to explore what Deltastock has to offer.

  • Delta Trading Live Account

This account offers forex traders the use of the proprietary Delta Trading platform and has the following features:

  • Access to forex, gold, silver, shares, indices, ETFs, futures, and cryptocurrencies.
  • A minimum deposit of $100 or currency equivalent in EUR, GBP, CHF, BGN, or RON.

 

  • MetaTrader 4 Live Account

This account provides forex traders with the use of the popular, user-friendly MetaTrader 4 trading platform.

  • Access to forex, gold, silver, shares, indices, ETFs, futures, and cryptocurrencies.
  • A minimum deposit of $100 or currency equivalent in EUR, GBP, CHF, BGN, or RON.

How to Withdraw Money from Deltastock?

To withdraw money from the Delta Trading Account, forex traders can follow these steps:

  1. Select “My Account” and “Withdrawal” from the menu.
  2. Complete the “Withdrawal Request Form” and attach it to the “My Account” menu under “Personal Documents”.

To withdraw funds from MT4 Accounts, forex traders can follow these steps:

  1. Complete the “Withdrawal Request Form” and attach it to “Upload Documents” under “My Account” under “Other Documents”.

How many days do deposits take with Deltastock?

Deposits with Deltastock can be instantaneous, or they may take a few business days when forex traders use bank transfers, according to the official website.

What are the costs and fees with Deltastock?

There are four types of costs with Deltastock namely spreads, commissions, swap fees, and margin requirements. 

The spread is the difference between the bid/ask price which is expressed in pips. Floating spreads fluctuate depending on the financial instrument and market conditions. Commissions are charged on some accounts depending on the financial instrument traded and can be charged per lot, per side, or per round turn.

Swap fees are charged when forex traders keep positions open for longer after the trading day has concluded. Swaps can either be credited/debited depending on whether the trader holds a short/long position.

Margin is the collateral that Deltastock requires at the start of the trade.

What are the Trading Fees with Deltastock?

The Forex Trading Fees with Deltastock are below. 

  1. Forex margin requirement for professional clients on leverage of 1:200 is 0.5% while it is between 3.33% and 5% for retail forex traders.
  2. Gold and silver margin requirements are between 1% and 5%.
  3. Gold and silver spreads start from $0.03 USD and $4.60.
  4. Share CFD margin requirements range from 10% to 100%.
  5. Share CFD commissions are 0.10% of the trade value.
  6. Indice CFD margin requirements range from 1% to 10%.
  7. Futures CFD margin requirements range from 5% for professional forex traders and 10% for retail forex traders.
  8. Commodity CFD margin requirements range from 5% for professional forex traders and 10% for retail forex traders.
  9. ETF CFD margin requirements range from 5% to 100%.

What is the minimum deposit in Deltastock?

According to the official Deltastock website, the minimum deposit amount is 100 USD. 

What are the contract specifications in Deltastock?

Feature Deltastock
Forex Trading Yes
CFDs 1,000+
Forex Pairs 80
Cryptocurrency (Physical) 0
Cryptocurrency (CFD) 7
Social Trading  No

Does Deltastock have promotional offers?

No, Deltastock does not have promotional offers.

Does Deltastock have a welcome bonus?

No, Deltastock does not have a welcome bonus.

Welcome bonuses are offered by brokers to forex traders who register a real account for the first time, offering them trading credit to start trading.

Does Deltastock have a deposit bonus?

No, Deltastock does not have a deposit bonus.

Brokers offer deposit bonuses to new and existing forex traders as a percentage back on their deposits. This can be used as trading credit that is non-withdrawable.

Is there a commission-free trade bonus in Deltastock?

No, Deltastock does not offer forex traders a commission-free trade bonus.  

Is there a VIP bonus in Deltastock?

No, Deltastock does not offer forex traders a VIP bonus.

Can you start trading with no money at Deltastock?

No, you cannot start trading with no money at Deltastock. To start trading, you must pay the minimum deposit requirement of $100.

How does leverage work with Deltastock?

Deltastock offers forex traders with leverage of 1:200, allowing them to open larger positions despite their initial deposit when executing a trade. The leverage ratio with Deltastock is selected when forex traders register for a live trading account and can be adjusted on their account at any time.

Where are the headquarters of Deltastock?

Deltastock is headquartered in Bulgaria.

Who is Deltastock’s CEO?

This information is not known and according to a Deltastock official support agent, this information cannot be divulged to those who are not registered clients with the broker.

What are the social media accounts of Deltastock?

Forex traders can follow Deltastock on the following social media accounts:

  • Facebook
  • Twitter
  • LinkedIn
  • YouTube

How many employees do work for Deltastock?

There is no official declaration for the employees or staff of Deltastock. However, based on their business size, the number of employees can vary from between 10 to 50.

What are the opinions about Deltastock?

The overall opinion on Deltastock is that it is a regulated and well-established Bulgarian broker that has an excellent reputation and offers competitive trading conditions.

What are Deltastock Contests?

Forex trading contests are offered to forex traders with the chance to profit from contest outcomes. 

Deltastock offers a contest that can be accessed when forex traders select to open a demo account as it is a demo trading contest. The initial equity is 10,000 EUR in virtual funds and requires that forex traders open a trading contest account.

The Deltastock contest is based on demo trading volumes and allows forex traders to trade their way into the top spot on the ranking chart. forex traders have access to trade in all financial instruments offered by Deltastock.

Does Deltastock have online support?

Yes, Deltastock offers online support to forex traders by having a live chat function that is present on the website. Online support can be contacted 24/5 and offers a prompt responses to queries and questions.

Does Deltastock offer demo accounts for Forex trading?

Yes, Deltastock offers a free demo account for all new forex traders. The demo account can be opened with the following steps:

  1. Forex traders can visit the Deltastock website and select “Open Account”.
  2. Forex traders can select “Open Demo Account” from the pop-up window and proceed to select between the Delta Trading Demo Account or the MetaTrader 4 Demo Account.
  3. Forex traders can provide their email address and a user-selected password before selecting “create a demo account”. Alternatively, forex traders can also sign in with Facebook or Google.
  4. The next page will confirm the trader’s email address and password and forex traders can select “start trading”.
  5. Forex traders will be redirected to the WebTrader where they can start using their demo account.

Does Deltastock have a mobile app for Forex trading?

Yes, Deltastock has a mobile app for forex trading.

Deltastock offers a proprietary mobile app that can be used either on iOS or Android. The mobile app is intuitive and user-friendly, offering forex traders access to all financial instruments. forex traders also have access to full trading functionalities, different types of orders, trading strategies, and more.

Does Deltastock publish an economic calendar?

Deltastock publishes an economic calendar on the official website.

An economic calendar is an important tool in forex trading that offers forex traders a comprehensive schedule. This schedule provides all key global economic events that are set to be released.

What is the communication information of Deltastock?

Deltastock has one main telephone number and eight additional numbers. There is one main business address for Deltastock at 6 Korab Planina Street, 1407 Sofia, Bulgaria.

The main telephone number for Deltastock is +359 2 811 50 50

Alternative numbers for Deltastock are listed below:

Front Office: 359 2 811 50 55/60

Mobile: +359 897 818 030

Dealers/Brokers CFD: +359 2 811 50 51

Brokers Fixed Income Securities: +359 2 811 50 66

Data Protection Officer: +359 2 401 14 42