Below is a comprehensive analysis of Deltastock AD, the broker operating under the official website http://www.deltastock.com/, based on the requested criteria: online complaints, risk level assessment, website security, WHOIS lookup, IP and hosting analysis, social media presence, red flags, regulatory status, user precautions, and potential brand confusion. The analysis draws on available web information, critical evaluation, and cross-referenced data to provide a clear and objective assessment.

1. Broker Overview ¶

• Name: Deltastock AD
• Official Website: http://www.deltastock.com/
• Established: 1998
• Location: Sofia, Bulgaria (Registered address: 6 Korab Planina St, 1407 Sofia, Bulgaria)
• Services: CFDs on forex, shares, gold, silver, indices, futures, commodities, ETFs, and crypto CFDs; proprietary Delta Trading platform and MetaTrader 5 (MT5).
• Regulation: Claims to be fully licensed and regulated by the Financial Supervision Commission (FSC) of Bulgaria under MiFID II, License No: RG-03-146.

2. Online Complaints ¶

Online complaints provide insight into user experiences and potential operational issues. Here’s a summary based on available data:

• Trustpilot Reviews (15 reviews, mixed feedback):
• Positive: Some users praise Deltastock for quick deposits/withdrawals, a user-friendly platform, and responsive customer support. One reviewer noted, “Customer support is fantastic—responsive and helpful every time.”
• Negative: Complaints include poor response times, account closures, and difficulties accessing funds. A user reported, “No response since they moved platforms… I am now gonna look to put a claim to the financial ombudsman.” Another mentioned an account closure after being asked for fund origin details, claiming harassment.
• Deltastock’s Response: The broker attributes some negative reviews to regulatory compliance (e.g., mandatory KYC/AML checks) and potential confusion with scam entities mimicking their brand (e.g., delta-stock.com).
• Reviews.io (92 reviews, average score 1.76/5):
• Severe complaints allege scam behavior, including withdrawal delays, ignored communications, and significant financial losses (e.g., $445,000 and $515,000). Users reported being “blocked out from withdrawals” after large deposits and cited unresponsiveness.
• Many reviews mention a recovery service, “TheresachinRecovery INC,” which raises questions about authenticity, as the repeated mention of this service across reviews suggests possible coordinated or fabricated posts.
• Forex Peace Army (Mixed reviews):
• Positive reviews highlight fast execution, low spreads, and reliable withdrawals (e.g., “withdrawal by Skrill less than 24 hours”).
• Negative feedback includes platform issues (e.g., Delta Trading mobile app crashing on Android) and dissatisfaction with the removal of MetaTrader 4 in favor of their proprietary platform.
• A Deltastock representative (Dale Paterson) actively responds, suggesting some complaints stem from misunderstandings of trading mechanics or competitor sabotage.
• FinanceScam.com (March 2025):
• Alleges Deltastock misused DMCA takedown notices to suppress critical reviews, raising transparency concerns.
• Reports user complaints of withheld withdrawals (e.g., $25,000 and $10,000 losses) and “frozen accounts.” A February 2025 X post echoed, “DeltaStock took my $10K and ghosted me!”
• Notes adverse media, such as a 2022 ScamWatcher article labeling Deltastock as “risky” for opaque practices.
• Summary of Complaints:
• Common issues: withdrawal delays, platform instability, poor communication, and account access problems.
• Positive feedback exists but is overshadowed by severe allegations of fund mismanagement and scam-like behavior.
• Some complaints may relate to unregulated clone sites (e.g., delta-stock.com), but Deltastock’s responses don’t fully clarify all issues.

3. Risk Level Assessment ¶

The risk level of trading with Deltastock is assessed based on complaints, regulatory status, and operational transparency:

• High-Risk Indicators:
• Significant Losses Reported: Allegations of large-scale losses (hundreds of thousands of dollars) and inability to withdraw funds suggest serious operational or ethical issues.
• Regulatory Concerns: While Deltastock claims FSC regulation, Bulgaria’s FSC is considered a weaker regulator compared to top-tier authorities like the FCA (UK), SEC (US), or CySEC (Cyprus). This limits investor protection, especially for non-EU clients.
• Opaque Practices: Lack of detailed information on spreads, commissions, and minimum trade sizes raises transparency concerns.
• Adverse Media: Reports of DMCA misuse and scam allegations increase reputational risk.
• AML Concerns: Ties to crypto CFDs and potential “dark pool” links suggest possible gaps in anti-money laundering (AML) compliance, especially under the EU’s 5AMLD.
• Moderate-Risk Indicators:
• Leverage Risks: Deltastock offers leverage up to 1:200, which is high and risky for retail traders. Their website notes that 56–59% of retail accounts lose money due to leverage.
• Platform Stability: Complaints about the Delta Trading platform (e.g., mobile app crashes) indicate technical risks.
• Mixed User Feedback: While some users report positive experiences, the volume of negative reviews suggests inconsistency in service quality.
• Low-Risk Indicators:
• Longevity: Operating since 1998 suggests some stability.
• Segregated Accounts: Deltastock claims to keep client funds in segregated accounts, reducing the risk of misuse.
• Demo Account: Offers a €10,000 demo account for risk-free practice.
• Overall Risk Level: High. The combination of serious complaints, weaker regulation, transparency issues, and potential AML risks outweighs the broker’s longevity and positive reviews. Traders should approach with extreme caution.

4. Website Security Tools ¶

Website security is critical for protecting user data and funds. Here’s an analysis of Deltastock’s website security:

• SSL Certificate:
• Deltastock uses an SSL certificate to encrypt data transferred between users and the website, which is standard for financial platforms.
• However, the website terms note that “the use of the Internet as a form of communication is not yet secure enough,” warning that data may be intercepted by third parties. This disclaimer suggests limited confidence in their security infrastructure.
• Cookies and Tracking:
• The site uses functional, targeting, and strictly necessary cookies, including third-party services like Google Analytics, Facebook, LinkedIn, and Twitter for usage analysis and targeted ads.
• Data is claimed to be anonymous and not shared commercially, but the use of third-party cookies introduces potential privacy risks if not tightly controlled.
• Security Red Flags:
• The disclaimer about internet insecurity is unusual for a broker handling sensitive financial data, as most reputable brokers emphasize robust security measures.
• No mention of two-factor authentication (2FA) or advanced encryption protocols (e.g., AES-256) for user accounts or trading platforms.
• Lack of transparency about cybersecurity audits or compliance with standards like ISO 27001.
• Assessment: The presence of SSL is a basic requirement, but the disclaimer about internet security and lack of detailed security features (e.g., 2FA, audits) raise concerns. Website security appears adequate but not industry-leading, warranting caution for users handling sensitive data.

5. WHOIS Lookup ¶

A WHOIS lookup provides information about the domain’s registration and ownership:

• Domain: http://www.deltastock.com/
• Registration Date: September 13, 2002
• Registrar: Likely a standard registrar (specific details not provided in sources, but no red flags noted).
• Registrant: Deltastock AD, Sofia, Bulgaria.
• Status: Active, with no reports of domain suspension or abuse.
• Red Flags:
• The domain’s long history (registered since 2002) aligns with the broker’s claimed establishment in 1998, suggesting legitimacy.
• However, TraderKnows notes that no registration information for Deltastock AD was found in the Bulgarian Commercial Register, which is concerning for a regulated entity.
• Assessment: The domain’s age supports Deltastock’s longevity, but the lack of verifiable company registration in the Bulgarian Commercial Register introduces uncertainty about its legal status.

6. IP and Hosting Analysis ¶

IP and hosting details can reveal infrastructure reliability and potential vulnerabilities:

• IP Address: Not explicitly provided in sources, but the website is hosted in Bulgaria, consistent with the company’s registered address.
• Hosting Provider: Likely a local or EU-based provider, given the Sofia-based operation. No specific provider named in sources.
• Analysis:
• Hosting in Bulgaria aligns with Deltastock’s operational base, reducing latency for EU clients.
• No reports of downtime or hosting-related security breaches.
• Lack of detailed hosting information (e.g., cloud vs. dedicated servers, DDoS protection) limits assessment of infrastructure robustness.
• Red Flags: None directly related to IP/hosting, but the absence of transparency about hosting security (e.g., firewalls, DDoS mitigation) is a minor concern.
• Assessment: Hosting appears functional and geographically appropriate, but limited information prevents a thorough evaluation. No immediate red flags.

7. Social Media Presence ¶

Social media activity can indicate a broker’s engagement and reputation:

• Platforms: Deltastock is active on Facebook, Twitter, LinkedIn, and possibly others for customer service and marketing.
• Activity:
• Used for customer support (available 8:45 AM–5:45 PM local time) and promotional content.
• Also leveraged for targeted ads via cookies, suggesting a marketing focus.
• Red Flags:
• No specific complaints about social media scams (e.g., fake accounts), but the broker warns of clone sites (e.g., delta-stock.com) that may exploit social media for fraud.
• Limited information on the scale or quality of social media engagement (e.g., follower count, response times).
• Assessment: Social media presence is standard for a broker, with no major issues reported. However, users should verify official accounts to avoid clone-related scams.

8. Red Flags and Potential Risk Indicators ¶

The following red flags and risk indicators emerge from the analysis:

• Regulatory Weakness: FSC regulation is legitimate but weaker than top-tier regulators, offering limited recourse for non-EU traders.
• Transparency Issues: Missing details on spreads, commissions, and company registration in the Bulgarian Commercial Register.
• Serious Complaints: Allegations of frozen accounts, withdrawal refusals, and large losses ($25,000–$515,000) suggest potential misconduct.
• DMCA Misuse: Alleged use of DMCA takedown notices to suppress criticism indicates possible attempts to hide negative feedback.
• Clone Site Confusion: Deltastock acknowledges scam sites (e.g., delta-stock.com, delta-stock.net) mimicking its brand, which may confuse users and amplify scam risks.
• Platform Issues: Complaints about Delta Trading’s mobile app instability (e.g., crashes on Android) and the removal of MetaTrader 4 reduce user confidence.
• AML Risks: Ties to crypto CFDs and potential “dark pool” connections raise concerns about compliance with EU AML regulations.
• High Leverage: Up to 1:200 leverage increases financial risk, especially for inexperienced traders.
• Internet Security Disclaimer: The website’s warning about insecure internet communication is unusual and undermines trust in data protection.

9. Website Content Analysis ¶

Deltastock’s website content provides insight into its offerings and professionalism:

• Positive Aspects:
• Detailed sections on trading platforms (Delta Trading, MT5), financial instruments (forex, CFDs, etc.), and tools (economic calendar, currency converter, technical analysis).
• Clear disclosure of risks: Notes that 56–59% of retail accounts lose money due to leverage.
• Offers free forex education and a €10,000 demo account, appealing to new traders.
• Legal information (e.g., terms of use, cookie policy) is accessible and compliant with EU standards.
• Concerns:
• Marketing restrictions: The site excludes retail clients from Spain due to regulatory reasons, which may limit accessibility.
• Lack of transparency: No clear details on fees, spreads, or minimum trade sizes in public-facing content.
• Security disclaimer: The warning about internet communication risks is atypical for a financial platform.
• Assessment: The website is professionally designed and informative but lacks transparency on key trading conditions. The security disclaimer and regional restrictions are notable drawbacks.

10. Regulatory Status ¶

Regulatory oversight is a critical factor in assessing a broker’s legitimacy:

• Claimed Regulation: Deltastock AD is licensed and regulated by the Financial Supervision Commission (FSC) of Bulgaria under MiFID II, License No: RG-03-146.
• Verification:
• The FSC’s official website confirms Deltastock’s regulation, supporting its legitimacy.
• MiFID II compliance allows Deltastock to operate across the EU, but non-EU clients may face weaker protections.
• Limitations:
• The FSC is a smaller regulator with less stringent oversight than the FCA, SEC, or CySEC.
• WikiFX claims Deltastock “currently lacks valid regulation,” contradicting the broker’s claims and FSC confirmation. This discrepancy may reflect outdated information or misinterpretation.
• Clone Site Warning: Deltastock notes that scam sites (e.g., delta-stock.com) misuse its name, and the FCA has issued warnings about such clones. This does not directly implicate Deltastock but highlights brand confusion risks.
• Assessment: Deltastock is regulated by the FSC, providing some legitimacy, but the regulator’s weaker oversight and conflicting reports (e.g., WikiFX) reduce confidence. Traders outside the EU should be cautious.

11. User Precautions ¶

To mitigate risks when considering Deltastock, users should take the following precautions: 1. Verify Regulation: Confirm Deltastock’s FSC license directly on the FSC’s website (https://www.fsc.bg/en/). Avoid brokers without top-tier regulation (e.g., FCA, CySEC) for better protection. 2. Use Demo Account: Test the platform with the €10,000 demo account to assess stability and trading conditions without financial risk. 3. Start Small: Deposit the minimum ($100 or €100) to test withdrawals and platform reliability before committing larger sums. 4. Secure Credentials: Never share login details, as Deltastock warns it is not liable for losses from compromised accounts. Enable 2FA if available. 5. Monitor Accounts: Regularly check for unauthorized transactions and freeze accounts if suspicious activity occurs. 6. Avoid Clone Sites: Verify the official URL (http://www.deltastock.com/) and avoid similar domains (e.g., delta-stock.com, delta-stock.net). 7. Research Complaints: Review platforms like Trustpilot, Forex Peace Army, and Reviews.io, but critically evaluate reviews for authenticity (e.g., repeated mentions of “TheresachinRecovery INC”). 8. Understand Risks: Acknowledge the high risk of CFDs (56–59% of accounts lose money) and avoid high leverage (1:200) unless experienced. 9. Consult Professionals: Seek legal or financial advice before trading, especially given AML and withdrawal concerns. 10. Report Issues: Contact the FSC or local regulators if problems arise, and document all communications with Deltastock.

12. Potential Brand Confusion ¶

Brand confusion is a significant issue for Deltastock due to clone sites:

• Clone Sites: Scam websites like http://www.delta-stock.com/ and http://www.delta-stock.net/ mimic Deltastock’s branding, leading to mistaken identity.
• The FCA issued a warning about delta-stock.net as a potential clone, not directly implicating Deltastock but highlighting risks.
• Deltastock has informed the FSC about these clones and advises users to verify legal status before trading.
• Impact:
• Users may attribute clone site scams to Deltastock, damaging its reputation.
• Complaints about “Deltastock” may actually relate to these unregulated clones, complicating trust.
• Red Flags:
• Clone sites use similar domains and designs, exploiting Deltastock’s FSC regulation claims.
• Social media and direct messaging scams may leverage Deltastock’s name, as noted in general crypto scam warnings.
• Assessment: Brand confusion is a major risk, amplified by clone sites and limited public awareness. Users must verify the exact URL and regulatory status to avoid scams.

13. Critical Evaluation ¶

While Deltastock presents itself as a legitimate broker with FSC regulation and a 25-year history, several factors undermine its credibility:

• Contradictory Regulatory Claims: The FSC confirms regulation, but sources like WikiFX and TraderKnows question its validity or transparency.
• Severe Complaints: Allegations of large-scale losses and withdrawal issues cannot be dismissed, even if some relate to clones.
• Transparency Gaps: Missing details on fees, spreads, and company registration erode trust.
• Reputational Damage: DMCA misuse and adverse media (e.g., FinanceScam.com) suggest attempts to suppress criticism, a red flag for ethical operations.
• Weaker Regulation: The FSC’s limited oversight compared to top-tier regulators leaves gaps in investor protection, especially for non-EU clients.
• Clone Confusion: The existence of scam sites mimicking Deltastock complicates trust and requires extra user diligence. On the positive side, Deltastock’s longevity, segregated accounts, and demo account offering suggest some operational stability. However, the weight of negative feedback, regulatory limitations, and transparency issues outweigh these strengths.

14. Recommendations ¶

Given the high-risk profile, users should:

• Consider Alternatives: Opt for brokers regulated by top-tier authorities (e.g., FCA, CySEC, ASIC) with stronger investor protections, such as eToro or IG Markets.
• Exercise Extreme Caution: If using Deltastock, start with small deposits, test withdrawals early, and monitor accounts closely.
• Verify Everything: Confirm the official website (http://www.deltastock.com/) and FSC regulation directly. Avoid similar domains.
• Stay Informed: Monitor review platforms and regulatory updates for new complaints or sanctions.

15. Conclusion ¶

Deltastock AD presents a mixed picture: a seemingly legitimate broker with FSC regulation and a long history, but plagued by serious complaints, transparency issues, and weaker regulatory oversight. The presence of clone sites (e.g., delta-stock.com) exacerbates risks, as users may confuse Deltastock with unregulated scams. Key red flags include allegations of withheld funds, DMCA misuse, platform instability, and AML concerns, contributing to a high-risk assessment. While some users report positive experiences, the severity of negative feedback and regulatory limitations suggest that safer alternatives exist. Users must exercise extreme caution, verify all details, and prioritize brokers with top-tier regulation to minimize financial risks. If you need further analysis or assistance with specific aspects (e.g., comparing Deltastock to another broker), please let me know!