Deltastock is a contract for difference (CFD) brokerage firm founded in Bulgaria, headquartered in Sofia. It primarily offers CFD trading services for forex, stocks, indices, commodities, and more. The brokerage's official website is http://www.deltastock.com, and it supports English, Bulgarian, and Spanish languages. Deltastock does not provide services to jurisdictions where it is not legally permitted.
Company Background:
Deltastock's official website claims that it was founded in Bulgaria in 1998, and its registered entity is Deltastock AD. However, no registration information for this company could be found in the Bulgarian Commercial Register. According to Whois information, the brokerage's official website domain was registered on September 13, 2002.
Regulatory Status:
Deltastock's official website claims to be regulated by the Financial Supervision Commission (FSC) of Bulgaria, though this regulatory authority is relatively small in terms of regulatory oversight. According to information displayed on the Financial Supervision Commission of Bulgaria's official website, Deltastock is indeed under its regulatory purview.
Trading Products:
Deltastock offers various financial instruments for user trading, including:
Forex: It provides opportunities to trade various currency pairs in the forex market. Forex CFDs allow investors to trade based on price movements between one currency and another. Examples of tradable currency pairs include EUR/USD, GBP/USD, and USD/JPY.
Stocks: Traders can engage in CFD trading of stocks from different companies, including well-known companies like Apple, Microsoft, Amazon, and others. This enables investors to participate in the market without owning the actual stocks.
Indices: Index CFDs allow investors to trade based on the performance of market indices without the need to buy or sell actual index component stocks or assets.
Commodities: Commodity CFDs enable investors to profit from price fluctuations in raw materials and resources. Commodities include crude oil, copper, iron ore, among others.
These products offer investors opportunities to enter various financial markets and manage risk through diverse investment portfolios.
Trading Platforms:
Deltastock provides a proprietary trading platform called Delta Trading and the advanced MT5 platform. Investors can choose the trading platform that suits their preferences.
Account Registration:
Deltastock's official website provides an account registration link, allowing users to choose between opening a demo account or a real account. The registration process is as follows:
Open the Deltastock official website and click on "Open Account" in the upper right corner.
Select the type of account you wish to open.
Follow the steps to fill in information such as email, phone, trading mode, etc., to complete the account registration.
Account Types:
Deltastock offers three types of accounts:
- DeltaTrading™ Account
- MetaTrader 5 Real Account
- DeltaStock Pro Account
Users can choose the account type that suits their trading needs.
Spreads and Leverage:
Deltastock offers a maximum leverage of 1:200 and a minimum deposit of $100, €100, or 200 Bulgarian Leva (BGN). However, detailed information about spreads, minimum trade sizes, commissions, and other aspects is not provided. This lack of information may pose potential risks for investors, as they might have less control over their trading risks.
Deposits and Withdrawals:
Deltastock provides various deposit and withdrawal methods, including bank wire transfers, MasterCard, VISA, Maestro credit cards, debit cards, and more. Investors can choose the appropriate deposit and withdrawal methods based on their preferences.
Customer Support:
Investors can contact Deltastock's customer service via phone, email, and social media platforms like Facebook, Twitter, LinkedIn, etc., from 8:45 AM to 5:45 PM (local time) on weekdays.
Summary:
Deltastock offers users the opportunity to trade a variety of financial products and is regulated by the Financial Supervision Commission (FSC) of Bulgaria. However, the lack of registration information for the company in the Bulgarian Commercial Register and the absence of detailed information regarding spreads, commissions, minimum trade sizes, and educational resources raise concerns. Currently, this brokerage is marked as "Operating Normally" on TraderKnows. Users should exercise caution when considering the services provided by this company, ensuring the security of their financial assets and avoiding potential fraud traps.
