Today we will go through the Delta Market review (or DeltaMarket). Just to clear any suspicions, this is a deltamarket.net review.
About Delta Market
Delta Market is an international brokerage company that accepts clients all over the world except USA, Israel and France. They are currently serving thousands of clients, which shows that they are actually doing pretty well, especially taking into account that they manage to stay on market at a time like this. They also claim they have a deep knowledge of the market and do a heavy research on trades, and that’s what we have tested after opening an account with them.
They have four types of trading accounts, Bronze, Silver, Gold and Platinum respectively. But what is most surprising to us, the conditions of the minor, Bronze account are better than most market offers of its cost. The spread for the majors is 2.8 pips which is already below the average of industry’s standard and that is a good thing. The stop out level is 5% which is one of the lowest we have seen and that will help people with low margin. Another thing that catches our eye in the Bronze account is the fact that they allow scalping which is very rare amongst brokers. Scalping means you can close trades with a small amount of profit in a short period of time, almost instantly after its opening which is another good thing for people with low margin and those who prefer scalping over all other types of trading. However, there is no EA (Expert Advisors) allowed on the Bronze account type, so if you really want to use EA you will need to upgrade in the Silver account.
Best Account Types
While the Silver account has all the options enabled, including Expert Advisors and personal account manager, from the spread point of view it’s not that far gone from the bronze account. It has 2,5 pips spread which is promising but it just cannot compare with 1,5 pips spread of the Gold account which provides trader with most options for profitable full-time trading. Not to mention the 0,1 pips spread on the Platinum account, which means that trader has almost no need to pay for company services. We tested Bronze account first to see things closer from the inside; all the conditions mentioned of deltamarket.net reviews were met and all the services were provided on a good level. Last but not least, there are no commissions on the major trades for all the accounts, and even though it’s quite unusual, broker seems to be doing its best to make the trading process smooth and clear for the clients. We have rarely seen such conditions on trading accounts. This will definitely add some extra points in the Delta Market review.
Opening the account
After registering and opening an account with Delta Market we made a contact with company employees. Account manager was ready to help us walk through the client area and trading terminals upon our request in just a couple of minutes. Actually, the platforms and the client area were pretty intuitive themselves but the account manager also offered help educating us on the market and trading methods and concepts, and it looks like Delta Market would be suitable for newcomers and those who wish to systemize the knowledge of trading. We postponed that for later because we wanted to take a look around ourselves first.
Deposit and Withdrawals
It seems that there are only two deposit methods in Delta Market, credit/debit cards and bank transfers. That is fine with us as we always use one of those two but there might be people who want different deposit methods. There is no fee from Delta Market in depositing into the account which is also a big plus, but the bank can charge its own commissions which depend solely on their inner rules. Withdrawal methods also include the two options mentioned above but they have a downside as it takes a few days for withdrawals to reach your bank account so there’s always a chance that you will have to wait for a couple of days. And that can take down some points in the Delta Market review.
Delta Market uses Meta Trader 4 application for placing trades on the market. This is by far the most common and the most suitable application. It can be accessed from a desktop/laptop at home, from the web if you are on the go and also from a mobile application. This broker also provides demo accounts to practice on for people who haven’t traded before. So keep in mind that before you jump into trading on a real account straight away you might consider practicing on a demo account. In addition, Delta Market also offers Islamic accounts which are swap-free.
Delta Market offers a variety of trading symbols in MT4, including currency pairs, indices and most importantly stocks. The most heavily traded symbol is the EUR/USD which on Delta Market comes with a decent spread. US stocks are also traded frequently because some of the most profitable companies fall into this category including Amazon, Apple, Google and many others. There are crypto assets available for trading, and we invested some money in crypto currencies, specifically bitcoin hoping that this crypto will soon see its glory days again.
Can u trade yourself
For some people it might just be confusing seeing so many trading symbols and chart analysis on the MT4 platform. But with the proper education and some practice we believe anyone can learn how to trade. At the Delta Market there is an education section that teaches the basic concepts, common methods of trading, and analysis methods as well, so you might want to take a look at that if you are a beginner. Further information can also be found on the web including videos and speculations. Account manager is also ready to help with any question or confusion that you may have so that is also a big deal for beginners.
Delta Market Review Conclusions
Signing up and creating an account with Delta Market was fairly easy. The conditions on the account types are very favorable which also earned some extra points in the Delta Market review. The account manager was ready to help and responded fast which makes you feel like you are not alone especially if you are a beginner. The deposit methods are the most common ones but that was all we needed actually. The trading platform is MT4 which is by far the most used platform and for a good reason. Inside the MT4 there were all the trading symbols we needed including stocks, indices and crypto symbols like bitcoin. There is also an education section on the website for beginners so you might want to take a look at that. We hope our Delta Market review was helpful to you.