Delta Market Forex Broker: Deltamarket.net Review 2020
Today we are going to conduct a review of Delta Market broker company. They don’t have a lot of information about them circulating in the web, that is why we’ve decided to give them our own estimation and share it with you.
⋄ This review is going to be divided into night sections: ⋄
- ⋄ About Delta Market ⋄
- ⋄ Types of accounts ⋄
- ⋄ Best types of accounts ⋄
- ⋄ Opening the account ⋄
- ⋄ Withdrawals and deposits ⋄
- ⋄ Trading terminal ⋄
- ⋄ Trading symbols ⋄
- ⋄ Can you trade on your own? ⋄
- ⋄ Conclusions⋄
⋄ About DeltaMarket broker ⋄
Delta Market is a broker company with worldwide coverage that takes clients from all around the world except the United States of America and Israel. We are quite sure that people from all over the world will have no problems working with this broker.
Company owners say that their platform is completely secure from malefactors due to its top-level technologies with end-to-end encryption. This makes the Delta Market scam protection system really secure. The stated goal of the company is to give traders necessary tools and information to turn them into successful traders.
Deltamarket.net reviews are hard to find, that’s why we believe this review to be helpful for you. Let’s find out the answer to the question “is deltamarket.net scam”?
⋄ Types of accounts: Delta Market Reviews ⋄
Delta Market broker company has 4 tiers of accounts for traders, which are named after metals: Bronze, Silver, Gold, and Platinum, from lowest to highest.The most strange and unusual thing we have encountered while researching these account types is the quality of services provided for Bronze accounts. It is really hard to find other brokers that would provide the same level of services for such a low price. Major spread stands at 2.8 pips, and you can already see that the industry standard is beaten here. We consider it to be one of the biggest advantages for the Delta Market broker. Stop out level is present and amounts to 5%: great news for people who are going to trade with low margins. Interesting fact — scalping is allowed (in Bronze level as well), which is really rare nowadays. Another great factor for low-margin traders and scalping fans, for sure.
Scalping might seem a bit risky and unusual way of trading, but no one can deny it’s effectiveness when a capable trader is using it. It must be noted, however, that you would need some serious additional learning to maximize the usability of this method.
⋄ Delta Market Broker: best types of accounts ⋄
The most universal type of account is surely Silver: it has all the options available for the trader, Expert Advisors and personal account manager included. Spread there is pretty much the same as with the Bronze tier. 2.5 pips spread is good, but is far from 1.5 pips provided by owning the Gold account. Platinum tiers beats it all with its 0.1 pips spread. Company services become pretty much free at this point. Our main tier for testing was Bronze, since we believe it to be the most popular among traders (beginners especially). Everything looked really professional, and services we received were of the highest quality indeed. Another important aspect would be the complete absence of commission fees for major trades. This aspect is shared by all tiers of accounts, which was quite unexpected and nice too. This way even the beginner traders can have their trading process really smooth and without any problems. To us such dedication to clients means a lot, and we definitely approve such conditions.
The main point here is that every account tier has it’s benefits and drawbacks, and each trader considering the possibility of cooperation with Delta Market broker company should spend a lot of time deciding which tier would suit their needs in a best way.
The fact that most of the benefits spread equally among all account types helps to create the feeling that the broker leaves you a lot of option choices and doesn’t force you to purchase more expensive accounts to get the full-package quality of service. That is a rare quality among brokers, and we value it a lot.
⋄ Opening the account with DeltaMarket Forex ⋄
As soon as we opened an account for Delta Market review, the communication with some of the broker staff was established. Manager who was assigned to our account was really eager to help us and made a client area and trading platform online-tour of sorts to help us check the state of affairs there.
Both the trading terminal and client area were pretty self-explanatory and we don’t think that they should’ve created any kind of problems for beginners, but that eagerness to help on the manager's part was very pleasant indeed. It seems that Delta Market would be a perfect place for beginner traders to start their careers due to that kind of attitude. Brokers often underestimate the importance of high quality of communication with their clients, but it is immensely important, because it helps to form a special kind of trust necessary for fruitful cooperation.
Another score for Delta Marketreview is for the professionalism of their support staff. Unfortunately, the situation with hiring half-educated employees is far too frequent for brokers, and it’s a real pleasure to see a company where the top management takes the staff searching seriously.
⋄ Withdrawals and deposits: DeltaMarket Scam or not? ⋄
Delta Market offers only two possible methods for making a deposit: paying with a credit card and direct bank transfer. It is completely fine for most traders, since those two ways are main methods of payment anyway, but some clients might find such limitations uncomfortable. Delta Market scam protection principles forbid taking any fee from deposits, which is great too. However, don’t forget that the bank can charge their own commissions. The possibility of that would depend on bank regulations, so check your local financial legislation.
Withdrawals are conducted via those two methods as well, however, there is a slight downside in that process: sometimes withdrawals can take as long as several days for your money to reach your bank. That can be troublesome for some clients as well.
⋄ DeltaMarket Broker Trading Terminal ⋄
Delta Market sticks to MetaTrader4 in order to conduct the market trading. It is widely known as the industry standard tool, approved by most traders. You can use your laptop or desktop computer to gain access to this platform. There is also an option for web access for when you are far from your usual trading place. The mobile application is also present and can be downloaded from your respective application store.
Delta Market forex also gives you a possibility to create a demo account in order to try out trading principles in a safe environment without the risk of fund loss. We, however, do not recommend the demo account as a tool of long-term practice, because we don’t believe that accounts without real money in them can provoke the same emotional response as real live accounts, and this kind of emotional response is crucial in forming the right trader mentality.
We’d like to place emphasis on the necessity of learning in this case. MetaTrader4 can be an extremely versatile and useful trading tool and it also has some top-notch analytical capabilities. If you spend some time on learning all ins and out of this tool, it will raise your trading process to a new level indeed. If you’re somewhat intimidated by the amount of data you would need to digest, then start small, learning only the basic functions and then gradually expand your learning curve. This way you would avoid additional stress and still get to enjoy all the advantages of this awesome instrument.
⋄ Deltamarket Forex Trading Symbols ⋄
There is a wide variety of trading symbols the MetaTrader4 uses: pairs of currency, indices, and stocks, of course. EUR/USD is, unsurprisingly, is the most traded symbol on the platform, and Delta Market offers a really good spread for it. There are some US stocks traded here too, because a lot of really high-profit companies fall into this category. This list includes Google, Apple, Amazon, and a lot more. Some cryptocurrency assets are available for trading as well, bitcoin in particular. Delta Market forex seemingly expects BTS to rise back to its former glory in the days to come.
Cryptocurrencies nowadays are perceived mostly as a too risky investment goal. They are volatile and almost completely unpredictable, so if you consider yourself a more conservative type of trader you might wanna avoid them. If you’re willing to take some high risks, they might become a really profitable investment.
⋄ DeltaMarket Reviews: Can you trade it? ⋄
We think that you most certainly can. Of course, some beginners might be a bit confused with the wide variety of symbols and charts available from the start at MetaTrader4 terminal. However, it is nothing that decent education and a little bit of practice can't fix. We believe that after a certain short period of time spent on gaining necessary information and skills, pretty much everyone would be able to start their trading career here. Moreover, there is a ton of information on the topic in the web, so it should be no trouble at all getting started here in the shortest amount of time. You can also always get help from your account manager (they are really helpful here).
All in all, trading might be a really arduous activity, but it’s mostly due to high levels of stress associated with it. Basics of trading are pretty simple, and it doesn’t take a lot of learning to become a trader, so do not let it scare you.
⋄ Delta Market broker review conclusions ⋄
We must say that the process of signing up and starting the cooperation with deltamarket.net reviews was pretty simple. Some points in favor of Delta Market were also earned by great trading conditions offered by various account tiers. Our account manager was extremely helpful and provided us with a constant feeling of mentorship and helping hand, which can be invaluable for beginners. Deposit methods are limited, but enough, trading platform is the undying classic MetaTrader4, and all the useful trading symbols are available for you: stocks, cryptocurrencies, and indices. A great educational section on the deltamarket.net is awesome for learning, so make sure to acknowledge yourself with it. Deltamarket.net scam protection system is a great safety tool.
All in all, this broker company is really decent and we hope that our review shows that. Thank you for reading our Delta Market broker review.