About the company
DeltaStock AD is a Bulgarian financial corporation created in 1998. The brokerage is based in Sofia, Bulgaria, and is licensed and regulated there. With a focus on asset variety, customer service, and trading technology, the broker offers Forex and CFD trading across the EU. The company accepts a variety of payment methods, including bank transfers, ePay, and Mastercard and Visa credit cards. Debit cards and ePay are charged a 2% fee, but wire transfers are free.
The broker’s trading platform is Delta Trading 6 (DT6). DT6 is a well-thought-out system with a fully adjustable layout, transaction statistics, and many analysis tools, to name a few.
The platform’s design is user-friendly, with more than 80 technical indications and a nine-language interface. There are a variety of order types, including conditional orders, that you may use to develop strategies and semi-automate your trading. For Windows computers, the platform can be downloaded from the broker’s website. There’s also a browser-based version of DT6 that doesn’t require any download or installation. This platform is accessible directly from the website, however, it has fewer order kinds and just 40 technical indications.
Delta Trading Mobile
DT6 platform has a mobile version that works on both iOS and Android devices. The app includes a full history of financial market prices, a variety of chart options and order kinds, as well as market news and economic analysis that is updated regularly. The sole disadvantage is the bare-bones trader interface.
This is a data-rich environment with a modern, easy-to-use interface that is popular with traders of all skill levels and backgrounds. Several types of orders, as well as completely automated trading employing advisers, can be implemented.
The platform also includes more than 50 technical indicators, 30 charting tools, and comprehensive price history. Traders can also develop their custom indicators and customize the platform’s look and structure. MT4 may be installed on both Windows and Mac systems and is available in 28 languages. The DeltaStock website also offers a browser-based version of MetaTrader 4 that does not require a download, however, it has fewer features than the desktop version.
MetaTrader 4 also provides a mobile version. Three types of charts and orders are available in the MT4 app, as well as 40 analysis tools and real-time pricing. You can also open numerous charts and instruments at the same time with the app. This app is available for Android and iOS smartphones and tablets to download.
The broker provides a diverse range of tradable instruments with a reasonable number of each asset class. There are 79 currency pairings, 750 global stocks, 23 stock indexes, 67 exchange-traded funds (ETFs), 15 cryptocurrency pairs, four futures, four commodities, and four precious metals to choose from.
Spreads and commission
Market and account spread differ. At the same time, significant currency spreads are as low as 0.4 pips for the EUR/USD pair, 1.2 pips for the GBP/USD pair, and 1.3 pips for the EUR/GBP pair. A 0.1 percent fee is levied on equities and ETFs. Clients who use an MT4 commission account benefit from narrower forex spreads, but they must pay a fee of $ 0.06 per minimum lot on all currency pairings. There are no commissions on any other transactions on the accounts.
For holding trades open overnight, the broker additionally charges a switch fee.
Leverage rates are regulated at 1:30 for currency pairings, 1:20 for gold, and 1:10 for silver, indices, futures, and commodities for retail trading in Europe. Cryptocurrency trading has a 1: 2 ratio, stocks have a 1: 5 to 1: 1.67 ratio and ETFs have a 1: 5 to 1: 1.33 ratio. In return for reduced legal protection, professional clients renounce some regulatory obligations. Professionals may trade forex with up to 1: 200 leverage, gold, silver, and indices with 1: 100 leverage, futures and commodities with 1:20 leverage, and cryptocurrencies with 1: 4 leverage. Professional customers can trade equities with leverage ranging from 1:20 to 1: 1.67, and ETFs with leverage up to 1: 1.33. Because the cash CFDs given cannot be utilized, traders must supply 100% of the trade’s value.