Deltastock Review

Full Review

About DeltaStock

DeltaStock is a Bulgarian forex brokerage brand belonging to Deltastock AD. The company started operations in 1998 and is fully licensed and regulated under MiFID. The company is regulated and authorized by the Financial Supervision Commission (FSC), Bulgaria, Reg. No. RG-03-0146.

Special Offers and Bonuses

What are the special bonuses that are available on DeltaStock?

a)    There is a Welcome Bonus which pays out 10% bonus to new account holders. Minimum deposit required to claim this bonus is €100, up to a maximum of €1000. This bonus can be withdrawn after trading has gone on for 30 days.

b)    The Skrill Bonus is a cash rebate program which pays back to the trader €1 for every €20,000 traded. The maximum rebate that can be collected in this manner is 20% of the account deposit or €5000, whichever is lower. Whatever rebate amount is earned is paid out on a weekly basis.  You must have funded your account using Skrill to be eligible for this bonus.

c)     Deltastock has been operating for 15 years now, and they give out a 15% cashback bonus. The terms of participation are similar to that of the Skrill bonus, with the exception that any kind of deposit method can be used, and the maximum rebate is set at 15%.

d)    The Refer-a-Friend program rounds off the bonuses that are awarded by Deltastock. This program pays between €50 and €200 to traders who refer their friends who eventually fund their accounts with a minimum of €500 and a maximum of €2000.

Types of Trading Accounts

Two account types are available on DeltaStock. These are:

a)    DT Live: The minimum order size is 1 lot.

b)    MT4 Live: No commissions are paid on this account type. Minimum order size is 0.01 lots.

c)     Delta Trading ECN: Commissions are about 0.003% of base currency. Trade sizes are determined by liquidity providers.

There are no maximum trade sizes on any of the account types. The DT account types require the use of the DT 6 platform, which is downloadable.

Trading Platform Features

Several trading platforms are available on DeltaStock. These are the various forms of the MT4 platform as well as the cTrader, a platform designed for ECN market-style executions.

a)    MetaTrader 4: 35 forex pairs can be traded on the downloadable version of the MT4 platform from DeltaStock.

b)    MT4 Mobile: There are various forms of the MT4 platform designed for the various smartphones and tablet devices. The exact platforms can be downloaded from the respective app stores.

c)     WebTrader Platform: This is the web-based version of the MT4, accessible from anywhere in the globe from an internet-connected PC using a URL.

d)    cTrader: Both the downloadable and web-based cTrader platforms for traders who want to trade with ECN-style conditions are new platform additions to the DeltaStock family.

Commissions and Spreads

The following are the spreads and commissions that traders can get on DeltaStock:

Charting Packages

Both the MT4 and cTrader platforms come with their own unique charting tools and packages.

Education and Demo Accounts

Educational materials on DeltaStock include:

a)    A video gallery of forex lessons as well as lessons on how to use each of the trading platforms on Deltastock.

b)    Forex fundamental guides.

c)     Advanced training lessons.

d)    A forex glossary

Traders can get access to a free and unlimited MT4 virtual account for demo trading.

Customer Service

DeltaStock can be reached via an array of contact options as follows:

a)    Physical Address:

Megapark Office Building

6th Floor, Office Area “E”,

115G Tsarigradsko Shose Blvd.

Sofia 1784, Bulgaria

b)    Phone: + 359 (2) 811 50 50; + 359 (2) 811 50 55; + 359 (2) 811 50 60; + 359 700 18 180; +359 879 601 122 (front office).

c)     Fax: + 359 (2) 811 50 49

d)    E-mail: [email protected]; [email protected]

e)    There is also a live chat facility on the DeltaStock website.

Deposit and Withdrawals

Deposits and withdrawal options on DeltaStock are:

a)    Bank Wire

b)    Credit Card/ Debit Card: This is the fastest method. Only MasterCard and VISA are allowed. This method requires verification of the user’s identity.

c)     Skrill: Formerly called Moneybookers, Skrill offers traders the opportunity to transact on a DeltaStock account using more than 99 different payment options.

Deposit Limits

For all account types, the minimum deposit amount is 100 euros. There are no maximum limits.

Withdrawal Limits

There are no minimum or maximum withdrawal limits. Withdrawals must be made from a funding source that has the same name as that on the DeltaStock account and, withdrawals through Credit/Debit Cards must be done to the same card that was used to make an initial deposit.

Conclusion

DeltaStock is a good account to use for those who prefer to trade in the European single currency. If you are a European-based trader, you will find the services of this broker quite ok as most of its services are tailored for the European market.