Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.

BrokerDNA

The BROKERDNA score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.

This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.

Delta Stock
8.4 /10

The BROKERDNA score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.

This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.

VISIT DELTA STOCK
Tradenext
0 /10

The BROKERDNA score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.

This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.

VISIT TRADENEXT
AvaTrade
9.7 /10

The BROKERDNA score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.

This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.

VISIT AVATRADE
About

Delta Stock is regulated by FSC. Delta Stock have provided Forex, Spread betting, CFD trading services since 1998.

Tradenext is regulated by FCA. Tradenext have provided Forex, Spread betting, CFD trading services since 2010.

AvaTrade is regulated by the Central Bank of Ireland, ASIC (Australia), FSA (Japan), FSB (South Africa) and BVI. AvaTrade have provided Forex trading services since 2006.

Why choose them?
  • Yes Over 20 years in business
  • Yes
  • Yes
  • Yes Over 8 years in business
  • Yes
  • Yes
  • Yes Over 12 years in business
  • Yes Segregates clients funds
  • Yes Regulated by Central Bank of Ireland, ASIC, FSA, FSB and BVI
Headquarters Sofia, Bulgaria London, UK Dublin, Ireland

TRADING SERVICES OFFERED

Spot Forex Yes Yes Yes
Forex (CFD) No No Yes
CFD No No Yes
Spread Betting No No Yes
Social Trading No No Yes
MARKETS & INSTRUMENTS
Forex (currency pairs) 80 59
Commodities Offered 12 16
Stocks Offered 756 99
Bitcoin Yes No Yes
Majors Yes Yes Yes
Indices Yes Yes Yes
US Stocks Yes No Yes
Penny stocks No No No
Energies Yes Yes Yes
Metals Yes Yes Yes
Agriculturals Yes No Yes
FTSE Yes Yes Yes
Dow Jones Yes No Yes
Dax Yes Yes Yes
Nikkei Yes Yes Yes
ETFs Yes No Yes
IPO No No Yes
See all instruments

74% of retail investor accounts lose money when trading CFDs with this provider

See all instruments

Losses can exceed deposits

See all instruments

71% of retail investor accounts lose money when trading CFDs with this provider.

PLATFORM & FEATURES

See the platforms and features offered by each broker

Screenshot image image image
MT4 Yes Yes Yes
MT5 No No Yes
MT4 Mac No No Yes
WebTrader Yes No Yes
Mirror Trader No No Yes
ZuluTrade No No Yes
Sirix No No No
cTrader No No No
PAMM No No No
Custom Platforms Delta Trading 6 FlexStation AvaTradeAct, AVAOptions

APPS

iOS image Yes No Yes
Android image Yes No Yes
Windows image Yes No No
Available Languages

German, Spanish, Italian, Russian, Romanian, Bulgarian, and French

English

English, Italian, German, French, Greek, Hebrew, Spanish, Arabic, Malay, Russian, Chinese, Portuguese and Dutch

See platform & features

74% of retail investor accounts lose money when trading CFDs with this provider

See platform & features

Losses can exceed deposits

See platform & features

71% of retail investor accounts lose money when trading CFDs with this provider.

ACCOUNT INFORMATION

From micro accounts to ECN accounts, compare the accounts offered by Delta Stock and Tradenext

Demo account Yes Yes Yes
Mini account Yes Yes Yes
Micro account Yes Yes Yes
Standard account Yes Yes Yes
ECN Account No No No
Islamic account No Yes Yes
Zero spread account No No No
VIP account No Yes Yes
Fixed spreads Yes No Yes
Variable spreads Yes Yes Yes
See account options

74% of retail investor accounts lose money when trading CFDs with this provider

See account options

Losses can exceed deposits

See account options

71% of retail investor accounts lose money when trading CFDs with this provider.

TRADING CONDITIONS

Scalping No Yes Yes
Hedging Yes Yes Yes
Expert advisors (EAs) Yes Yes Yes
Virtual private server No No No
Direct market access Yes Yes Yes
STP broker No Yes No
Market maker Yes Yes Yes
Min trade 0.01 Lot 0.01 Lot 0.01 Lot
Max trade None None None
Min deposit $100 $100 $100

RISK MANAGEMENT

Stop losses Yes No Yes
Limit orders Yes Yes Yes
One-click trading Yes Yes Yes
Trailing stops Yes No Yes
Price alerts Yes Yes Yes
Signal trading No No Yes

FUNDING METHODS

Credit card Yes Yes Yes
Bank transfer Yes Yes Yes
Standard account Yes Yes Yes
Paypal No No Yes
Neteller No No Yes
Skrill No No Yes
Payment processing time 1-3 business days 1 business day Varies
Withdrawal processing time 1-3 business days 1-3 business days Varies
See all funding options

74% of retail investor accounts lose money when trading CFDs with this provider

See all funding options

Losses can exceed deposits

See all funding options

71% of retail investor accounts lose money when trading CFDs with this provider.

DETAILED INFO

Excluded countries US US BE,BR,NZ,US,KE,IN,GH
Contact email Send Email Send Email Send Email
Phone number 359 2 811 50 10 44 (0) 20 7440 1828 (44) (0) 8005200423
Live Chat Yes No Yes
Website https://www.deltastock.com/ https://www.tradenextglobal.com/ http://www.avatrade.com/
Spreads:
EUR/USD (Average: 0.7 pips) 0.8 pips Not offered 0.9 pips
GBP/USD (Average: 1.1 pips) 1.3 pips Not offered 1.6 pips
USD/JPY (Average: 1.1 pips) 1.2 pips Not offered 1.1 pips
AUD/USD (Average: 0.8 pips) 1.3 pips Not offered 1.1 pips
USD/CHF (Average: 2.3 pips) 1.5 pips Not offered 1.6 pips
USD/CAD (Average: 2.9 pips) 1.5 pips Not offered 2.0 pips
NZD/USD (Average: 3.6 pips) 1.9 pips Not offered 1.8 pips
EUR/GBP (Average: 2.4 pips) 1.3 pips Not offered 1.5 pips
View all spreads

74% of retail investor accounts lose money when trading CFDs with this provider

View all spreads

Losses can exceed deposits

View all spreads

71% of retail investor accounts lose money when trading CFDs with this provider.

FEES

Inactivity Fee No No No
Commission Yes Yes No
Deposit Fee No Varies No
Withdrawal Fee Yes Varies No
View All Fees

74% of retail investor accounts lose money when trading CFDs with this provider

View All Fees

Losses can exceed deposits

View All Fees

71% of retail investor accounts lose money when trading CFDs with this provider.

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Last update

All information collected from https://www.deltastock.com/. Last updated on 01/12/2019.

All information collected from https://www.tradenextglobal.com/. Last updated on 01/12/2019.

All information collected from http://www.avatrade.com/. Last updated on 01/12/2019.

Company

Delta Stock is an online forex trading service provider who are regulated by MiFID. To open an account with Delta Stock, minimum deposits start from $100.

With Delta Stock you can trade Currencies, gold, silver, CFDs, indices, futures, and ETFs. If you like to trade on the go, Delta Stock have iPhone, Windows Mobile apps and Android app so you can trade from anywhere on your phone.

Delta Stock offer Delta Trading, Deltastock MetaTrader 4 platforms to make your trades and support 8 different languages.

The spreads offered by Delta Stock for the most popular instruments are:
0.8 EUR/USD, 11.74 FTSE 100, 0.6 GOLD,
1.3 GBP/USD, 33.12 DOW/JONES, 0.4 Crude Oil,
see all the spreads here.

Tradenext is an online forex trading service provider who are regulated by the Financial Conduct Authority. To open an account with Tradenext, minimum deposits start from £500.

With Tradenext you can trade Currencies, indices & commodities. If you like to trade on the go, Tradenext have iPhone, iPad and Android apps so you can trade from anywhere on your phone.

Tradenext offer MetaTrader 4, FlexStation platforms to make your trades and off support in English.

The spreads offered by Tradenext for the most popular instruments are:
variable EUR/USD, variable FTSE 100, variable GOLD,
variable GBP/USD, variable DOW/JONES, variable Crude Oil,
see all the spreads here.

Since 2006, Avatrade have attracted over 20,000 traders to their platform. While their spreads are not the most competitive, they do offer traders a range of great features, such as guaranteed stop losses, the ability to hedge / scalp, and low margins.

For more information about trading with AvaTrade, we have put together an indepth AvaTrade review with the pros and cons about this broker.

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Delta Stock or Tradenext?

Well established or accepts Scalping?

If you’re a trader looking for a broker that has been established for a long time, Delta Stock is likely a good choice. However, if you want a broker that allows you to scalp as a trading strategy, Tradenext may be more suitable.

Which broker is more reliable?

You can determine a broker’s reliability & trustworthiness by looking at eight factors:

  • Who are they regulated by?
  • How long have they been around for?
  • Do they hold your money in a separate bank account?
  • Do they use reputable “tier-1” banks like Barclays, Goldman Sachs or HSBC?
  • Have they been fined or penalised in the last five years?
  • The popularity of their service/website
  • Are they publicly listed?
  • Where are they located?

Based on these eight factors, we consider Delta Stock and Tradenext to be equally reliable. We’ve broken down why below:

Who are they regulated by?

Delta Stock is regulated by FSC, while Tradenext is regulated by .

AvaTrade are regulated by Central Bank of Ireland, ASIC, IIROC, FSA, FSB, UAE and BVI

How long have they been around for?

If a broker has been around for a long period of time, they’re likely to be more reliable (in comparison, most scam brokers only exist for several years before they disappear).

This also suggests that a broker has good risk management processes that have prevented them being caught out by major financial events, as was the case with Alpari UK going bust when they were there was a policy reversal of capping the Swiss Franc against the Euro.

Delta Stock has been around for 21 years, while Tradenext have been around for 9 years. Our third alternative broker, AvaTrade, have been around for 13 years.

Do they hold your money in a separate bank account?

You wouldn’t want your broker paying their staff out of the same bank account account that you’re depositing your trading funds into, would you?

Fortunately, all regulated brokers must use segregated bank accounts to hold client money. This is one of the reasons why we only feature regulated brokers here on BrokerNotes.

All three brokers above will hold your money in a separate bank account.

Do they use reputable “tier-1” banks like Barclays, Goldman Sachs or HSBC?

Most tier-1 banks like Barclays and HSBC have been around for over 100 years and manage trillions of dollars of assets, proving that they have stood the test of time.

Both Delta Stock and Tradenext use tier one banks, but we are not sure of which bank specifically.

Have they been fined or penalised in the last five years?

If a broker has been penalised by a regulator in the past five years, it may mean that they were caught doing something they shouldn’t be doing - which may be of concern to you as an end client.

How popular is their service/website?

While not always the case, the number of traders a broker has can be a good metric for understanding how reputable a brokers is.

Are they publicly listed?

Companies that are publicly listed on a stock exchange tend to be considered more reputable as they will be required to disclose their financials, and aspects of their operations, to the public.

Both Delta Stock and Tradenext are privately owned companies.

Where are they located?

Most reputable brokers tend to be headquartered in a major capital city or a financial hub such as Cyprus.

Delta Stock are based in Sofia, Bulgaria, while Tradenext are based in London, UK .

Do they offer the features you need?

Assuming the brokers you’re choosing between are reputable, the next point to consider is whether they offer all of the features you require to trade.

This can be broken down into three categories:

  • Services & instruments
  • Platforms & account types
  • Trading features, risk management tools & funding methods

Services and Instruments

If you’re looking to trade currency pairs, both Delta Stock and Tradenext offer forex trading. Delta Stock have a slightly larger variety of currency pairs with 80 pairs, compared to offered by Tradenext. Also, if you’re looking to trade cryptocurrencies, Delta Stock offers a handful of cryptocurrency CFDs to trade, including Bitcoin, Ethereum and Ripple.

If you’re looking to trade commodities like gold, silver or oil, Delta Stock may be a better fit as Tradenext does not offer commodity trading.

Platforms & Account Types

If you trade forex, there’s a good chance you might want a broker that offers the popular MT4 trading platform. If that’s the case, both Delta Stock and Tradenext offer this. Our alternative broker, AvaTrade, also offers MT4 and MT5.

In addition to the platform, you’ll also want to ensure that the broker you choose offers the account type best suited to your needs. Tradenext, for example, offer a mini account, standard account and VIP account.

Trading features, risk management tools & funding methods

If you have a certain trading style (e.g. scalping, hedging, or using EAs), you’ll want to double check that the broker you choose allows this, as not all of them do.

Delta Stock does not allow scalping but allows hedging. While Tradenext also allows scalping and hedging. You can trade with EAs (expert advisors) on both Delta Stock and Tradenext.

In terms of risk management tools, neither Delta Stock or Tradenext offers negative balance protection. Negative balance protection prevents you owing your broker more than you’ve deposited.

Delta Stock also offer stop losses, limit orders, and price alerts to help you automate aspects of your trading strategy.

Are they affordable for what you need?

Comparing the fee structures of different brokers can be a minefield at times. The important thing to consider is what the spreads & fees are on the specific instruments and account type that you will be using.

For trading EUR/USD, Delta Stock and Tradenext both charge points. Therefore, both brokers are equally affordable for this instrument. You can jump back up to our comparison of their currency pair & indice spreads above.

Another consideration is whether or not your broker charges inactivity, deposit/withdrawal fees, or commissions on trades. If you’re a frequent trader, inactivity fees are unlikely to be an issue.

The Verdict: Delta Stock or Tradenext?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Tradenext is more reliable based on our criteria above. Delta Stock has a wider range of instruments to trade. Delta Stock offer lower spreads on popular forex instruments like EUR/USD and are used by more traders.

Both brokers offer demo accounts, allowing you to test their platforms to see which is suitable for you. You can test drive their demos using the links below:

Finally, if you’re really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable broker based on your precise requirements here.