Broker Review Contents
Deltastock Review
Deltastock is a provider of forex trading services. Traders can access a wide range of products in a variety of markets, including currencies, indices, cryptocurrencies and commodities.
Pros
- Segregates client funds
- Established in 1998
- Regulated by Financial Supervision Commission (FSC), Bulgaria
- Min. deposit from $500
Cons
- Not FCA regulated (see alternatives)
- Not ASIC regulated (see alternatives)
A minimum deposit of $100 is required for a live account. Deltastock, on the other hand, provides a free demo account that you may utilize to experiment and familiarize yourself with their platform.
Regulated and authorised by the Financial Supervision Commission (FSC), Bulgaria. Licence No: RG-03-146. All Deltastock client funds are held in a segregated bank account and they work with tier-1 banks. The client assets are guaranteed by the Investors Compensation Fund (ICF) up to a certain amount: 90% of the client funds, but not exceeding 20,000 EUR. Deltastock was established in 1998 and their head office is in Bulgaria.
Before we get into the specifics of Deltastock’s spreads, fees, platforms, and trading tools, you might want to open the Deltastock website in a new tab by clicking the button below to get the most up-to-date information directly from the company.
Disclosure: If you sign up with a broker through one of our links, we may receive a commission.
What are Deltastock’s spreads & fees?
Deltastock, like most brokers, charges a fee based on the spread, or the difference between the bid and ask price of an instrument.
The commissions and minimum spreads shown here are taken from Deltastock’s website.
| Forex | Deltastock | City Index | XTB |
| EUR/USD(Average: 0.7 pips) | 0.8 pips | 0.7 pips | 0.1 pips |
| GBP/USD(Average: 1.1 pips) | 1.3 pips | 1.7 pips | 0.1 pips |
| USD/JPY(Average: 1.1 pips) | 1.2 pips | 0.6 pips | 0.1 pips |
| AUD/USD(Average: 0.8 pips) | 1.3 pips | 0.6 pips | 0.2 pips |
| USD/CHF(Average: 2.3 pips) | 1.5 pips | 2.3 pips | 0.2 pips |
| USD/CAD(Average: 2.9 pips) | 1.5 pips | 0.5 pips | 0.3 pips |
| NZD/USD(Average: 3.6 pips) | 1.9 pips | 2.8 pips | 0.3 pips |
| EUR/GBP(Average: 2.4 pips) | 1.3 pips | 0.5 pips | 0.1 pips |
The spreads are variable and are displayed for information purposes.
As you can see, Deltastock’s target EUR/USD spread is 0.8 pips, which is normal when compared to the average EUR/USD spread of 0.70 pips.
The table below compares the costs of trading one lot of EUR/USD with Deltastock vs. similar brokers.
How much does Deltastock charge to trade 1 lot of EUR/USD?
You would likely spend $3.90 if you bought one standard lot of EUR/USD (100k units) with Deltastock at an exchange rate of 1.1719 and then sold it the next day at the same rate.Here’s a quick rundown of the fees and how they compare to IG and XTB.
| Deltastock | IG | XTB | |
| Spread from: | $ 8.00 | $ 6.00 | $ 2.00 |
| Commission: | $0.00 | $0.00 | $0.00 |
| Total cost of a 100k trade: | $ 8.00 | $ 6.00 | $ 2.00 |
| $2 less | $6 less | ||
| VISIT Deltastock | VISIT IG | VISIT XTB |
Fees and quotes are displayed for information purposes and could change.
What can you trade with Deltastock?
Over 1000 different instruments, including over 80 currency pairs, are available to trade at Deltastock. Below, we’ve summarized all of Deltastock’s several types of instruments, as well as the instruments given by IG and XTB for comparison.
| FX / Currencies | Deltastock | IG | XTB |
| # of forex pairs offered | 80 | 90 | 48 |
| Major forex pairs | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes |
| Cryptocurrencies* | Yes | Yes | Yes |
| Commodity CFDs | Deltastock | IG | XTB |
| # of commodities offered | 6 | 34 | 21 |
| Metals | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes |
| Agricultural | No | Yes | Yes |
| Index & Stock CFDs | Deltastock | IG | XTB |
| # of stocks offered | 900+ | 8000 | 1606 |
| UK shares | Yes | Yes | Yes |
| US shares | Yes | Yes | Yes |
| German shares | Yes | Yes | Yes |
| Japanese shares | Yes | Yes | Yes |
| SEE Deltastock’S INSTRUMENTS | SEE IG’S INSTRUMENTS | SEE XTB’S INSTRUMENTS |
What’s the Deltastock trading experience like?
1) Platforms and apps
Deltastock provides the well-known MT5 forex trading software. If you are looking for MT4 broker, see our MT4 broker comparison for a list of the best MT4 brokers. To discover how the two systems differ, check out our MT4 versus MT5 comparison.
They also offer their DeltaTrader platform, which is unique to them.
Deltastock offers Android and iOS mobile apps, making it easy to keep track of and execute deals while on the go.
Still not sure?
Open a demo account and learn how to trade.
2) Executing Trades
You can trade as little as 0.01 Lot with Deltastock. Depending on the account you open, this may differ. Maximum trade size depends on the account type. You can expect tighter spreads and more transparency over the amount you pay to execute your trades because Deltastock offers STP execution.
Deltastock, as a market maker, may have lower entrance criteria than an ECN broker, which benefits from the bigger number of trades and often has higher capital and minimum trading requirements.
Market makers usually offer a lower minimum deposit, fewer minimum trade requirements, and zero commission trading.
Margin requirements vary by trader, account, and instrument, as they do with most brokers. On their website, you may see the most recent margin and leverage details.
We have included a list of some of the most common funding options that Deltastock provides to its traders.
Trading Features:
- Allows scalping
- Allows hedging
- Offers STP
Accounts offered:
- Demo account
- Standard account
Funding methods:
- Credit cards
- Bank Transfer
- ePay
3) Client support
Deltastock offers support in many languages like English, Bulgarian and German.
4) What you’ll need to open an account with Deltastock
Because Deltastock is regulated byFinancial Supervision Commission (FSC), Bulgaria – every new client must pass a few simple compliance tests to confirm that you are aware of the risks associated with trading and that you are permitted to trade. You’ll probably be asked for the following information when you register an account:
- a color copy of your passport, driver’s license, or other government-issued identification
- a three-month utility bill, bank or credit card statement that shows your current address
You’ll also need to answer a few questions regarding your trading experience, so set aside at least 10 minutes to finish the account opening procedure.
You may be able to explore their platform right away, but you will not be allowed to make any transactions until you pass verification, which depending on the circumstances could take from a few hours up to a few days.
To begin the onboarding process with Deltastock, you can go to their website.
61% of retail investor accounts lose money when trading CFDs with this provider.
