DeltaStream

General Information & Regulation

DeltaStream, a trading name of Ineffable Group LTD, is allegedly a forex and CFD broker registered in Dominic that claims to provide its clients with over 250 tradable financial instruments on the WebTrader and MobileTrader trading platforms, as well as a choice of five different live account types and 24/5 customer support service. Here is the home page of this brokers official site:

As for regulation, it has been verified that DeltaStream does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.19/10. Please be aware of the risk.

Market Instruments

DeltaStream advertises that it offers access to more than 250 trading instruments across six asset classes, namely Forex, Indices, Stocks, Futures, Energies, and Metals.

Account Types

DeltaStream claims to offer five types of trading accounts - Basic, Solid, Ultra and Pro with minimum deposit requirements of $250, $1,000, $10,000 and $25,000 respectively, as well as a VIP account about which no further information is given. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Leverage

The leverage provided by DeltaStream is capped at 1:100. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads

The EUR/USD spread at DeltaStream seems to be as high as 8 pips.

Trading Platform Available

Platforms available for trading at DeltaStream are WebTrader and MobileTrader, compatible with any web browser or mobile device (iOS, Android). In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

From the logos shown at the foot of the home page on DeltaStreams official website, we found that this broker seems to accept a variety of payment options, consisting of MasterCard, MasterCard Secure Code, Verified by Visa, Visa, Piastrix and Wire Transfer. The minimum initial deposit requirement is said to be $250, while there is no mention of what the minimum withdrawal amount is. The withdrawal area reveals that requests are processed within 24 hours and the policy also states that there are no withdrawal fees.

Customer Support

DeltaStream‘s customer support can be reached by email: compliance.de@deltastream.cc, compliance.pl@deltastream.cc, compliance.ru@deltastream.cc or send messages online to get in touch. Registered address: 8 Copthall, Roseau Valley, 00152 Commonwealth of Dominica. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.