November 17, 2020
DeltaMarket Broker Review
DeltaMarket is an online broker that was formed in 2019. It gives traders the ability to trade with a number of different instruments, and there?s a selection of different account types available. It?s owned and operated by Bi-Global World Ltd and is located in the Marshall Islands ? this is also where its financial regulation comes from.
Offering of Financial Investments
There?s a good selection of different financial instruments available to traders at DeltaMarket. Readers of this DeltaMarket broker review will see that DeltaMarket is a CFD broker, but it also offers other instruments on top of that. Here?s a quick rundown of what?s available to traders.
- Currency pairs
- Stock CFDs
DeltaMarket Trading Account Types
There are four different DeltaMarket account types. On top of this, there is also an Islamic account available. The four main accounts are Bronze, Silver, Gold and Platinum. There are no fees or commissions associated with any of these accounts. The only difference is that they require different levels of investment and there are different pip rates for the spreads on each one. Each account also allows scalping and has a 1:300 leverage for hedging. There is a bonus available on request at DeltaMarket.
- Bronze: Starts at 2.8 pips, minimum of $250 investment
- Silver: Starts at 2.5 pips, minimum of $1,000 investment
- Gold: Starts at 1.5 pips, minimum of $10,000 investment
- Platinum: Starts at 0.1 pips, minimum of $50,000 investment
DeltaMarket Commission and Fees
There are no commissions and fees at DeltaMarket. The only costs are the pip rates. This applies to both deposits and withdrawals, so traders will have lower costs when trading here.
DeltaMarket Platforms and Tools
The platform that?s in use at DeltaMarket is MetaTrader 4 (MT4). This is widely regarded as the best-quality platform on the market. It gives traders the opportunity to customise their trading layout while also offering the ability to view a number of analytical tools. The platform as a whole is great for both beginner traders and experienced ones.
There is an education section on the DeltaMarket website. It features both a FAQ section and a glossary. While it?s not as detailed as some other brokers, it?s still more than what others on the market offer.
DeltaMarket Mobile Trading App
DeltaMarket gives both iOS and Android traders the ability to trade using MT4. This means that there is no real difference between trading on desktop or mobile, so all different kinds of traders are looked after in a similar fashion.
Should I Trade with DeltaMarket?
There are a lot of positives to trading with DeltaMarket. The lack of fees and commissions is definitely a great reason to trade with this broker. It has managed to build up a good reputation in a short amount of time, so customers will be trading with a quality broker if they choose to trade with DeltaMarket.
- No fees or commissions
- As traders build up their portfolio, their spreads will fall
- Islamic account is available
- There could be more on offer in the education section
- No support for MetaTrader 5 (MT5)
Who are DeltaMarket?
DeltaMarket CFD broker offers a number of other services. It operates within the global market and has a number of different features available. It?s located within the Marshall Islands, and because of this, it is also regulated by the region. It?s a new broker on the market, but it shows a lot of promise with fee-free trading and other exciting offers.
Are DeltaMarket a legit broker?
Put simply, yes it is. DeltaMarket is regulated by the Marshall Islands, but it also has a number of other factors included to make it trustworthy. It has a full SSL certificate and carries out anti-money laundering legislation, so traders can rest assured that DeltaMarket is legitimate and not a scam.
What are DeltaMarket’s platforms?
DeltaMarket has a single trading platform available to traders. MetaTrader 4 (MT4) is the platform that?s available and it?s widely regarded as the top platform on the market. It?s available as a desktop download and a mobile app, so it covers every different type of trader.