Destek Markets is a global forex and CFD broker, located and headquartered in London, UK while the company history started 25 years ago with its first group member Destek Yatirim established in Turkey. Since then, the company has expanded rapidly and enabled its operations across Europe and Asia. The company founded by an experienced team of online financial professionals offers extensive experience to trade in innovative trading products along with dedicated service and support.
Combining technological ingenuity and range of offered services, Destek Markets delivers a trading experience that is suitable to the trader of any level. The access to trade selection of instruments on the industry-leading MetaTrader4 platform brings the capability to trade at the convenience. The trading market range includes Currencies, Indices, Commodities and Metals while all can be accessed via a cross-device platform.
Trading the world’s financial markets can be exciting and rewarding, yet sometimes daunting, especially for the new traders, for that reason Destek Markets not only offers access to an advanced range of financial instruments and financial investment opportunities, by also the support to make a client better trader. A free education and research tools with an exclusive resource center, 24/5 online support and a dedicated account manager re available to benefit from the combined experience and get the support the client needs to succeed.
Licenses, Regulations & Security of funds:
Destek Markets as a UK based company is a fully authorized and regulated global company by the local respected authority Financial Conduct Authority (FCA). As an FCA regulated broker, Destek Markets UK Ltd adheres to strict regulations and legislation, in order to provide the best possible protection for their clients. Clients funds are held in accordance with the FCA’s Client Money Rules and segregated in Tier 1 bank accounts. All accounts are monitored and reconciled on a daily basis to further protect the integrity of clients’ funds. In addition, client’s deposits (up to £85,000) are also protected under the Financial Services Compensation Scheme (FSCS).
Trading Platforms & Tools:
The Destek Markets mainstays at the MetaTrader4 technology that allows access to trade anywhere and at any time across multiple devices available from a single account. With a wide range of trading tools and a secure user-friendly interface, the platform is the world most popular system since its suitable for traders of the highest skill and the beginners as well. The Destek Markets MT4 available as a desktop program for any operating system, as a Web application or the mobile version app, developed specifically to monitor and execute positions from the mobile or tablet.
The powerful analytical tools that the MT4 is packed with, allows traders to increase the capabilities while easily navigating through the platform and enhance the informed trading decisions. Overall, MT4 delivers flexible and convenient trading with various order types, enables interactive trading from the chart on 9 different timeframes. The selection of the tools includes 50+ indicators and analytical object along with the trading signals that constantly monitor the market situation, as well as to automate trading via Copy trading tools.
Account Types and Trading Costs:
The account types to choose from starts from the Standard offering which requires only 100$ initial balance and delivers an average spread of 1.57 for EURUSD. Further offering divides by the trader’s level of experience, as well as the balance maintenance with extra tight spreads as a trading cost, which allows the trader of different level to choose the best suitable for him personally trading option. Of course, all trading accounts feature a full service that was designed by the company and includes a range of educational, support, analytical and more services.
The Gold Account requires 1,000$ as a deposit while the lower costs are featured in average spread EURUSD 1.17 with no commission charges. The VIP account serves clients from 5,000$ and sufficiently decreased spreads 0.77 EURUSD, while the last proposal in a professional choice of ECN Account with the maintenance of 10,000$ and interbank spreads of 0.17 for EURUSD.
Depositing funds with Destek Markets is safe and simple, while the fastest way to fund the trading account is by credit / debit card or eWallet, as the payment should reach trading account within minutes. Yet, a choice to fund an account via a bank transfer remains available too.
For all deposits, there is a minimum deposit of USD / EUR / GBP 20, while the minimum first deposit of USD / EUR / GBP 100. For withdrawal of funds from the Destek Markets account, the request performed via secure client account management area, while once the withdrawal request has been approved funds will be sent via the withdrawal method of the choice. In addition, there are no fees to withdraw funds from the trading account.
Destek Markets review present a company with a long operating history, while the firm approached firstly the local region and further spread its services globally. As the UK regulated and respected firm the clients are not only protected by the compliance with necessary laws but enjoy a wide selection of products to trade with no hidden costs on a variety of account types and cross-device platforms. The provided support and free education also help in everyday trading, along with the market analysis and trading specifications provided. Overall, the broker delivers the reliable offering to the traders of any level and with different capabilities that allow the international traders to engage in trading with the Destek Markets.