Destek Markets Fees Spreads and Commission vary according to the account type that the trader is using. Destek Markets spread list starts from 1.6 pips.
Destek Markets at a Glance
| 🔍 Broker’s name | Destek Markets |
| 🏛 Headquarters | London, United Kingdom/ Nassau, Bahamas |
| 📅 Year founded | 2017 |
| 📃 Regulating authorities | Financial Conduct Authority (FCA), MiFID |
| 🌐 Countries not accepted for trade | United States |
| 📒 Demo account | Yes |
| 📒 Islamic account (swap free) | No |
| 📒 Institutional accounts | Yes |
| 💻 Managed accounts | Yes |
| 📊 Maximum leverage | 1:200 |
| 💳 Minimum Deposit | $100 |
| ZAR | R1 500 ZAR |
| 💳 Deposit options Withdrawal options | Bank Transfer, Credit/Debit Card |
| 📉 Platform(s) provided | MetaTrader4 |
| 📲 OS compatibility | Mac, Windows, Linux, Mobile, Web, iPhone, iPad |
| 📊 Tradable assets offered | Currencies, indices, futures, CFDs and commodities. |
| 🌐 Languages supported on website | Italia, Nederland, Norge, Magyarország, Österreich, Polska, Portugal, Suomi, Sverige, Switzerland and United Kingdom |
| ☎ Customer support languages | English, Arabic, Italian, Chinese |
| ☎ Customer service hours | 24/7 |
Min Deposit
USD 100
Regulators
FCA
Trading Platform
MT4
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Destek Markets Fees Spreads and Commission below.
Destek Markets Fees Spreads and Commission Revealed – A Key 9 Point Quick Overview
- ✅Destek Markets at a Glance
- ✅Destek Markets Overview
- ✅Destek Markets Fees and Spreads
- Destek Markets Additional Trading Fees
- Destek Markets Broker Fees
- Destek Markets Customer Reviews
- Destek Markets Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is our overview of the Destek Markets Fees Spreads and Commission as well as the features that are offered, which could affect your trading.
Destek Markets Overview
Destek Markets is a forex broker company in the United Kingdom that provides traders with access to one or more platforms that will allow them to buy and sell foreign currencies. Forex brokers in turn use this broker to gain access to the 24-hour currency market for speculation purposes.
Destek Markets was established in 2017 and has its headquarters in London in the United Kingdom. Destek Markets is a hybrid broker that offers to trade currencies, indices, futures, CFDs, and commodities using the MetaTrader 4 trading platform, with mobile and web versions.
Destek Markets is owned by Destek Yatirim, a Turkish finance group that has been in business for more than 25 years, putting a lot of experience behind its brokerage services. The broker is registered and regulated by the Financial Conduct Authority FCA of the United Kingdom and complies to the Markets in Financial Instruments Directive (MiFID) too.
Destek Markets Fees and Spreads
Destek Markets’ average spreads on EUR/USD is 1.6 pips. Fees, spreads, and commissions mentioned on the company spread list that traders can expect when trading with Destek Markets is as follows:
| 🌐 Standard Account | 🌐 VIP Account | 🌐 Gold Account | 🌐 ECN Account | |
| 💳 Spreads (EUR/USD) | 1.57pips | 1.17pips | 0.77pips | 0.17pips |
| 💸 Commissions | 📌No | 📌No | 📌No | ☑ Yes |
Destek Markets Additional Trading Fees
When trading financial instruments such as forex, traders can be charged overnight fees or swap fees for positions that are held for longer than a trading day. Unfortunately, Destek Markets does not make provision for an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest.
The Destek Markets support team will also be able to advise whether spread betting is allowed and what spread betting fees would apply.
Destek Markets Broker Fees
It is not clear whether Destek Markets charge deposit fees or withdrawal fees, and traders should take it upon themselves to establish if and what kind of inactivity fees may apply to dormant accounts.
Traders also need to ensure if additional charges may be charged by their financial institution. In addition, traders should be careful about transferring fees in a currency that is different from their account base currency since they may be subjected to currency conversion fees then.
Destek Markets Customer Reviews
Great!
Destek markets provides the easiest and most accessible trading platforms such as the MetaTrader4 which are by far the best I’ve come across – Max
Keen on the MetaTrader4 offered
Destek Markets reaches Affiliate Brokers in South Africa – They offer in-house MetaTrader4 platforms across most accounts, which is a bonus! – Chris
Occasional Sign Up Bonus offered.
The Destek Markets website is easy to navigate, just disappointed that the sign up bonuses are occasional and not clearly communicated – Natalie
Destek Markets Pros and Cons
| ✅ PROS | ❌ CONS |
| Broker are FCA regulated | Commissions are charged on some accounts |
| Commission-free trading on some accounts | Only a few payment options can be used |
| Competitive spreads offered | No scalping is allowed |
| Fair selection of instruments to trade available | No choice of trading platforms |
| MetaTrader4 trading platform is provided | Non-competitive spreads |
You might also like: Destek Markets Review
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You might also like: Destek Markets Minimum Deposit
You might also like: Destek Markets Sign up Bonus
Min Deposit
USD 100
Regulators
FCA
Trading Platform
MT4
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Conclusion
Destek Markets enjoys a lot of credibilities and offers enough security of clients’ funds to give them peace of mind. Although the company offers a fair selection of trading instruments and a wide choice of account types, it provides relatively few payment options to fund accounts.
Destek Markets offers a good liquidity and few restrictions on trading, although scalping is not allowed in any account type, and hedging cannot be performed with an ECN account.
Frequently Asked Questions
Do spread betting costs apply to Destek Markets?
Destek Markets support team will be able to advise whether spread betting is allowed and what spread betting fees would apply.
Does Destek Markets charge inactivity fees?
It is not clear whether Destek Markets charge deposit fees or withdrawal fees, … if and what kind of inactivity fees may apply to dormant accounts.
What type of spreads applies to Destek Markets?
Destek Markets offers different spreads on its various accounts, with floating spreads averaging 1.6. More detailed information can be obtained from the customer support service.
Does Destek Markets charge overnight fees?
Yes, overnight fees are charged by Destek Markets
What is the cost of trading with Destek Markets?
Destek Markets has a minimum deposit of 150 USD
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