The Destek Markets Minimum Deposit is $100. This minimum deposit is equivalent to R1 500 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
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 Minimum Deposit below.
Destek Markets Minimum Deposit Revealed – A Key 9 Point Quick Overview
- ✅Destek Markets at a Glance
- ✅Destek Markets Overview
- ✅Destek Markets Minimum Deposit
- ✅Destek Markets Deposit fees and deposit methods
- Step by step guide to depositing the Destek minimum amount
- Destek Markets Customer Reviews
- Destek Markets Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is our overview of the Destek Markets Minimum deposit as well as the pros and cons as well as features that are offered to traders.
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 Minimum Deposit
Destek Markets requires a minimum deposit amount of $ 100 to open a Standard Account. This minimum deposit amount was equivalent to 1 500 ZAR at the average currency exchange rate between the US Dollar and the South African Rand at the time of writing.
| Account Types | 🌐 Standard Account | 🌐 Gold Account | 🌐 VIP Account | 🌐 ECN Account |
| 💳 Minimum Deposit | $100 | $1000 | $5000 | $10 000 |
| ZAR | R1 500 ZAR | R15 000 ZAR | R75 000 ZAR | R150 000 ZAR |
| 📉 Spreads | 1.57 pips | 1.17 pips | 0.77 pips | 0.17 pips |
| 💰 Commissions | 📌No | 📌No | 📌No | 📌No |
Destek Markets’ authorization as a broker and its regulatory authorities requires that client funds must be paid into and kept in segregated accounts from the broker account and can only be used by traders to conduct their trading activities.
Destek Markets Deposit fees and deposit methods
In comparison with other brokers, the minimum deposit that Destek Markets requires to open a live account is not too high and easily reachable for most traders. Destek Markets offers traders only a few payment or deposit methods to fund their accounts. Withdrawal funds always must be returned with the same method used to make a deposit.
Destek Markets accepts the following payment methods:
- Bank Transfer
- Credit/Debit Cards
Destek Markets does not levy deposit or inactivity fees, but third-party charges may be applicable. Processing times depend on payment methods and the time of deposits or withdrawal requests. USD, EUR, or GBP is accepted as a deposit currency. Traders must ensure that they verify whether their financial institution charges its own fees.
Step by step guide to depositing the Destek minimum amount
Traders can fund their accounts from their own bank accounts by sending the funds to a Destek Markets segregated client account or accessing the deposit option from their personal area after having registered a live trading account to transfer the minimum deposit amount to the trading account.
You can make a deposit to your trading account using your secure account management area, myDestek.
Simply follow the three steps below:
Step 1 – Log onto myDestek
Traders must log in to myDestek area using their log-in Destek credentials received.
Step 2 – Select My Wallet
on the myDestek dashboard, select my wallet to complete the process in depositing the minimum amount.
Step 3 – Deposit funds
Select the option to deposit money, and follow the instructions to make a payment through bank transfer or Bitpay. Traders must make sure to select the correct deposit currency before they transfer money since funds are not transferred in the same currency as the bank account to which they are sending it, which may incur unnecessary currency conversion fees.
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 is FCA regulated | Only a few deposit methods are available |
| Choice of accounts starting with fair deposits | Non-competitive spreads |
| Competitive spreads are offered | Only a few deposit methods are available |
| Deposit insurance is provided | Non-competitive spreads |
| MetaTrader4 trading platform provided | |
| Offers a fair selection of instruments to trade |
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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
What is the minimum deposit required to open an account with Destek Markets?
Destek Markets requires a minimum deposit of $ 100.
What are the deposit methods for Destek Markets?
Destek Markets offers only the following deposit and withdrawal methods:
- Bank Transfer
- Credit/Debit Cards
What are the deposit currencies for Destek Markets?
USD, EUR and GBP
Does Destek Markets charge withdrawal fees?
No, Destek Markets does not charge withdrawal fees but charges from financial institutions may be applicable.
How long does a withdrawal from Destek Market take?
Withdrawals usually take about three days but depending on bank services it may take several days longer for the money to be available in a customer’s bank account.
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