DeltaStock – broker review and real reviews
DeltaStock CFD Platform Review
Our review focuses on DeltaStock broker, one of the oldest and largest players in the European financial services sector. This company is actively regulated by various authorized bodies. But how reliable is deltastock.com? Today we will take steps to answer this question.
Company Information
DeltaStock’s history dates back to 1998. It is a well-known CFD broker based in Sofia, Bulgaria. The firm gained popularity due to its high level of services and special attention to clients’ needs. deltastock.com targets experienced traders but also caters to beginners by offering accessible minimum deposits for both standard and ECN accounts.
Delastock is a fully regulated intermediary with all the necessary permits to operate in the European Economic Area (EEA) in accordance with MiFID II (Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments). The broker is also authorized to provide services within the European Union.
Broker’s Status Overview in European Regulators
- Austria: Financial Market Authority (FMA)
- Belgium: Financial Services and Markets Authority (FSMA)
- Croatia: Croatian Financial Services Supervisory Agency (HANFA)
- Cyprus: Cyprus Securities and Exchange Commission (CYSREC)
- and others…
The list of regulators is impressive. Among the authoritative bodies, FCA (UK), FSMA (Belgium), and the Central Bank of Ireland stand out. This indicates the broker’s transparent operations and ensures clients a proper level of interest protection.
Website Functionality Assessment
Upon visiting deltastock.com, users are offered a choice between English and Bulgarian languages. Upon registration, clients have access to other popular languages: Russian, Spanish, German, French, and Romanian.
The deltastock.com website interface is intuitive and user-friendly. The homepage provides detailed information about the trading platform, as well as the option to open demo and real accounts. Users also have access to information about DTMobile — the broker’s mobile application that facilitates trading on the go. Client reviews of this application are generally positive.
Trading Conditions
DeltaStock offers CFD contracts on various assets: currency pairs, precious metals, company stocks, ETFs, and cryptocurrencies. When reviewing contract information, users regularly encounter warnings about the high risks associated with this instrument.
The broker operates as a market maker and provides various currency accounts: GBP, BGN, EUR, USD, CHF, and RON. The minimum initial deposit to open an account is $100.
The company has a fixed spread, the size of which depends on the specific currency pair. For example, the standard spread for EUR/USD is 1 pip. The broker allows scalping and hedging, offers Islamic accounts. Users can choose to use the MetaTrader 4 platform or opt for Delta Trading — a special program created for the “DeltaStock” broker.
Client Testimonials
A positive review highlights the low number of commissions when working with CFDs, fast order execution, and ease of use:
Translation:
“I opened an account with them recently. I was attracted by CFDs with no swaps, commissions, or fees. Very fast order execution on indices and shares. The broker extended trading hours for American indices and shares of large companies, significantly increasing potential profits.”
Next is another positive review. The client has only been working with the broker for 3 months, but it’s enough time to form an opinion. He considers the high quality of service at DeltaStock as one of its advantages:
Translation:
“I want to share my impressions after reading the previous reviews. I’ve been using DeltaStock for just 3 months (MT4) and haven’t had any issues. Received assistance from Nicholas in setting up the account. The customer support is top-notch (had to reset the password twice!). I had three months of flawless trading (barring my own mistakes). I recommend DeltaStock to anyone starting their journey in trading.”
The following review is also positive. The client emphasizes that many CFD brokers are solely focused on personal financial gain. However, DeltaStock stands out in this regard:
Translation:
“From my experience, many companies are just after your money. DeltaStock is different. It takes them a little time to turn you into their client. I even learned a few useful things just by looking at their website.”
Conclusions
DeltaStock is an impressive CFD broker, in business since the XX century. The company’s operations are evaluated by regulators from 24 European countries, including renowned bodies such as the FCA (UK) and the Central Bank of Ireland. Client reviews emphasize high levels of service and fast fund withdrawals. Among the shortcomings, one can note limitations in the choice of trading instruments compared to some competitors. Overall, our review allows for a neutral assessment of this intermediary. The choice is left to our esteemed readers.
Author: Yegor Tischenko