Deltastock Forex Broker Review
|Leverage||Up to 1:500|
|Minimum Lot Size||1 Lot|
|Broker Type/Execution||Market Maker/ ECN|
|Deposit methods||Bank WIRE, Credit Cards, Moneybookers (Skrill)|
|Spreads||From 2 Pips (MT4 Accounts)
From 0.1 Pip (Delta Trading Live Account)
|Instruments||80 currency pairs, Gold & Silver, over 1,000 CFDs on Shares, Indices, Futures, and ETFs.|
|Trading Platform||MT4, Delta Trading Platform|
|Account Types||Refer to the Table Below|
|Base Currency||USD, EUR, GBP, BGN, RON|
|Islamic/Swap Free Accounts||No|
Deltastock online forex broker offers currency trading and one of the biggest collection of CFD trading products. Regulated under the MiFID EU directive and regulated by CySec, Cyprus, Deltastock is a well respected broker that has been in the online forex business since 1998. Besides CySec, Deltastock is regulated by the FSC and is based out of Bulgaria, registered with the Bulgarian National Bank (Reg. # BGR00107).
Deltastock is also one of the few forex brokers that is regulated in South Africa as well with the FSB (Financial Services Board), registration # 43342.
Trading with Deltastock has many advantages, one of which being their low spreads (as low as 0.1 pips) on majors and low commissions on CFD shares trading. Besides the competitive pricing, Deltastock also offers the Negative balance protection, meaning that the margin policy and dealing procedures at Deltastock guarantee to limit a trader’s risk to only the funds that are available.
Deltastock Forex Trading Accounts
Deltastock offers three types of forex trading accounts to choose from.
|Account Types||MT4||Delta Trader||Delta Trader ECN|
|Margin/Leverage||1:1 – 1:200||0.50% – 100% (must be a multiple of 0.5)|
|Min. Lot Size||0.01 Lots||1 lot = 1000 (one thousand) units of the base currency||Based on liquidity providers|
|Commissions||None||None||0.003% of the base currency|
|Spreads||From 1 Pip onwards||From 2 Pips onwards||From 0.1 Pip onwards|
Deltastock Trading Platforms
Traders can choose between two trading platforms that is available from Deltastock, namely: MT4 and Delta Trading platform.
The Delta Trading platform is a proprietary in-house developed trading platform and is available with ECN accounts. Delta Trading platform can be downloaded onto your desktop, accessed via the browser, WAP enabled phones and smart phones.
Because the Delta Trading platform is built to work with ECN accounts, traders can gain access to ECN/STP Level 2 data and connects directly to liquidity providers such as FXCM, Citibank, Interactive Brokers, Dukascopy bank and LMAX exchange.
Deltastock – Trader Promotions
Deltastock Demo Contest: Deltastock offers all new traders a demo forex trading contest. By registering a demo account, traders get virtual funds of 50,000 EUR which can be used to demo trade forex, gold/silver and CFD’s on shares, indices and futures.
Every month, Deltastock rewards the top 10 traders with the highest balance a distributed cash prize of €1700, with the top three traders getting €500, €300, €200 and the remaining fourth through the 10 place getting €100 each. The cash prize can be used in the live trading accounts and is given as a bonus which can be used to trade for a period of 3 months. Any profits made from the accrued bonus can be easily withdrawn from the live trading account. Click here to register for the demo contest.
Skrill/Moneybookers Bonus: Deltastock offers a 20% cash back bonus on the first deposit made via Skrill/Moneybookers. This promotion is valid only for the Delta Trading live accounts. To learn more about the Deltastock Skrill Bonus, click here.
Deltastock is a reliable forex broker that has been in operation for many years. Backed by strong regulation across Europe and South Africa, Deltastock forex broker offers three types of trading accounts on the MT4 trading platform and the proprietary Delta Trading Platform. With the option to choose between regular and ECN accounts, Deltastock offers one of the widest collection of CFD trading instruments.