General Information & Regulation
DeltaStock, incorporated in 1998 and headquartered in Sophia, Bulgaria, is an online Forex and CFD broker regulated under MiFID. DeltaStock offers online trading in more than 1,100 financial instruments as contract for differences (CFDs) through MT4 and their proprietary trading platform. However, DeltaStock is not subject to any regulation, so it unsafe to trade with broker.
Market Instruments
With DeltaStock, traders can get access to currency pairs, Spot Gold and Silver, CFDs on stocks, indices, and ETFs, CFDs on Brent and WTI Crude Oil Futures using the platform Delta Trading.
Minimum Deposit
There are two accounts to choose from at Deltastock. The required minimum deposit for opening this account is $100 or the equivalent. Although DeltaStock requires a low account opening amount, traders are not advised to register account here, for unregulated brokers cannot guarantee fund safety.
Leverage
In terms of trading leverage, the maximum leverage level offered by Deltastock is up to 1:200.
Although this trading leverage is not that generous, inexperienced traders are not advised to use too high leverage given the fact that margin trading is full of risks.
Spreads & Commissions
Deltastock only mentions that it offers low spreads (from 1 pip), but does not specify its spreads on particular instruments. Besides, Deltastock advertises that it offers a commission free environment.
Trading Platform Available
DeltaStock provides traders with the intuitive MetaTrader 4 trading platform as well as the proprietary Delta Trading platform. MetaTrader 4 is one of the most popular online forex trading platforms on the market; it offers live quotes, real-time charts, in-depth news, and analytics. The Delta Trading platform is available as a desktop application for Windows and Mac Computers.
Trading Tools
Apart from trading platform, there are some useful trading tools on offer, including Economic Calendar, Daily Technical Analysis, currency converter, and more.
Deposit & Withdrawal
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 customer service 24-hour support by phone, email and live chat.