DeltaMarket Review

CONTENT

• GENERAL INFORMATION
• FUNDS TRADING AND SECURITY
• THE TRADING ACCOUNTS
• TRADING CONDITIONS
• TRADING PLATFORM
• DELTAMARKET’S TRADING PRODUCTS
• CUSTOMER SERVICE
• CONCLUSION

Broker Review: DeltaMarket

GENERAL INFORMATION

DeltaMarket is an online brokerage that opened its virtual doors recently. It aims to conquer the global market by providing top-notch CFD and Forex trading services. The brand started operating earlier during 2020 and is a part of the Bi-Global World Ltd group of brokers. DeltaMarket operates from the Republic of the Marshall Islands, and its precise address is Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro.

As far as new online brokerages go, good ones have recently been few and far between. It seems as if the only significant market players right now have been around since online brokers gained popularity. However, DeltaMarket is here to break that mold and provide competition to more experienced firms. You might think they’re playing against a stacked deck, which has some truth to it, but that’s an issue any new broker faces.

However, DeltaMarket seems to have dealt with it better than others. Despite the harsh competition and all the sudden occurrences during the year, the broker has managed to stand firm and establish itself. Not only that, but it seems surprisingly trustworthy for a new brokerage, and that starts from its website. Usually, learning about a recently-opened firm is a tough task since they leave out so many crucial things. However, DeltaMarket presents no such issues, as it presents all the info you need in an orderly fashion.

Additionally, the visual design, while not a primary concern, stands out as excellent. The website not being an eyesore is a definite plus and shows that the broker is detail-oriented. However, you don’t sign up for a broker because it looks nice; you sign up because you want to trade and, ideally, make money. So let’s see some of the broker’s best features in that area:

·         NEW TRADER EXPERIENCE

As tons of new traders flood in, it’s more important than ever for brokers to lower their barrier to entry. The trading world is overwhelming as-is, and the complicated way some brokers lay out their service only adds more confusion. Luckily, DeltaMarket ensures that even people who have never touched trading before can get started quickly. The firm did that by integrating educational materials that users could reference in times of uncertainty. Additionally, it uses one of the most intuitive platforms in MT4 and concisely provides information about its services.

·         NO FEES

Fees have become a standard method brokers use to boost their earnings in a short time period. Sometimes they’re justifiable because they’re minuscule and the only way the broker earns money, but most firms go way overboard. The truth is, since trading volumes can get quite massive, brokers only need to take a minimal cut to have comfortable earnings. However, even those minimal cuts can invalidate certain trading tactics and make turning a profit a tall task. As such, it’s much better to seek out a company that doesn’t ask for any extra money at all.

·         HIGH-SPEED EXECUTION

Execution is an often overlooked aspect of trading, which can cause a lot of frustration. While knowledge is essential, making split-second decisions and performing quick trades can be just as vital. However, that doesn’t only require speed from you as a trader, but also from your software of choice. A slow platform can cause you to miss out on earning opportunities or reduce the amount you make in less severe cases. That’s why DeltaMarket made sure its execution speed was top-notch, creating an entirely fair trading experience.

Funds Trading and Security

Security has always been important when dealing with high quantities of money online. The situation with online brokerages is no different. Especially recently, the online trading world has been experiencing a scam infestation. Many new firms are out to scam their potential users, incorporating a wide array of malicious tactics. That’s made people overly cautious around new companies.

However, the situation with DeltaMarket is vastly different. Although they’ve recently started operating, their parent company handles multiple successful brokerages. As such, DeltaMarket has at least a specific dose of experience on its side. Additionally, the parent firm’s other brokers seem to have pristine reputations, so we’re expecting DeltaMarket to follow suit.

Additionally, when you look at DeltaMarket’s website, there are none of the usual things that indicate maliciousness. The terms and conditions don’t contain any shady stuff and are quite standard all-around. The website does its best at conveying all the necessary information about the broker, while scams usually attempt to hide info. All things considered, there’s no reason to doubt the broker’s intentions, so your funds are safe with it.

Trading Accounts

It’s apparent that the broker put a lot of thought into how it would divide its accounts. It’s not uncommon for brokerages to ruin their entire service with account division, so it’s a vital problem to solve. As for DeltaMarket, they were aiming for a balanced experience, catering to a wide range of traders. Those usually end up underwhelming or tilting too much towards budget or luxury traders, but miraculously, DeltaMarket pulled it off.

On the lower end, you’ve got a fair service that doesn’t hold anything back. No key features are locked behind expensive accounts, so even with minimal investment, you’re getting a fair shot at trading. However, The broker was generous enough to include some luxury features, even in some of the cheaper accounts. So while upgrading feels nice, it doesn’t seem as if the broker wants to force users in that direction.

On the other hand, if you’re willing to spend a bit more, the broker makes sure to reward you handsomely. More and more prestigious features unlock as you move up tiers, and the trading conditions improve as well. That means the service experiences balance in both ways, and there’s no particular best choice. Instead, traders should look at the accounts and see what caters to them the most. To help that process, here’s a rundown of some of the things the accounts offer:

·         Bronze

Min investment: $250

Spreads: From 2.8 pips

Leverage: 1:300

Stop out levels: 5%

Trade size: from 0.01 up to 50 lots

Execution: STP, Market, No requotes

Personal account manager: Yes

Expert advisors: No

·         Silver

Min investment: $2,000

Spreads: From 2.5 pips

Leverage: 1:300

Stop out levels: 5%

Trade size: from 0.01 up to 50 lots

Execution: STP, Market, No requotes

Personal account manager: Yes

Expert advisors: Yes

·         Gold

Min investment: $10,000

Spreads: From 1.5 pips

Leverage: 1:300

Stop out levels: 5%

Trade size: from 0.01 up to 50 lots

Execution: STP, Market, No requotes

Personal account manager: Yes

Expert advisors: Yes

·         Platinum

Min investment: $10,000

Spreads: From 0.1 pips

Leverage: 1:300

Stop out levels: 5%

Trade size: from 0.01 up to 50 lots

Execution: STP, Market, No requotes

Personal account manager: Yes

Expert advisors: Yes

Trading Conditions

As you could’ve seen from the last section of our DeltaMarket review, the trading conditions are fantastic, especially for a new broker. The spreads, leverage, and asset counts are competitive and sure to satisfy any trader. The broker also uses the world’s most popular platform, MetaTrader4. Even secondary conditions that affect trading, such as security and deposit and withdrawal methods, are top-notch, eliminating any potential difficulties.

 Trading Platform

As we’ve stated multiple times throughout our DeltaMarket’s review, the broker uses MetaTrader4. The tool, like the broker, does well in serving the needs of traders of all skill and investment levels. For those at the lower end, it’s the ease of use that lowers the difficulty of handing the introductory levels of the trading world. For more experienced users, the analytical tools and fast execution ease the process of making precise predictions and utilizing trades according to them. Additionally, the web and mobile trader are available, letting you access the terminal via phone or desktop browser.

DeltaMarket’s Trading Products

DeltaMarket provides CFD trading on a variety of assets as well as Forex trading. The number of assets is adequate, and they have most of the major categories. Here’s a list of classes the broker’s trading products fall under:

• Currency Pairs
• Indices
• Metals
• Energies
• Futures
• Shares

Customer Service

The customer support at DeltaMarket is quite helpful, with a worktime of 24/5. You can reach the team by using email or a phone line. In our test, the person we spoke to was attentive and quick to assist.

Phone: +441507243012

Email: [email protected]

Conclusion

DeltaMarket provides a substantial set of excellent trading conditions. Its account typing, trading specifications, platform, and assets are all commendable. On top of that, the surrounding structure is also fantastic. The customer response is fast and attentive, the security is firm, and the deposit and withdrawal methods are plentiful and quick. All that creates a brokerage where, despite its young age, it provides the same level of service as industry giants.

Naturally, the brokerage is certain to grow even further and expand its services. However, even as it is now, we would recommend it to anyone partaking in CFD and Forex trading.