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Destek Markets Minimum Deposit

Destek Markets Minimum Deposit

 

Overall Rating

4.7/5

Rated #– of 
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FCA 

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

40

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

The Destek Markets minimum deposit amount to open a real trading account is 100 (One Hundred) US Dollars.  The Minimum Deposit for 1st-time traders might vary based on the trading account type selected. Deposit activation can be up to 72 hours*

Finding a reputable list about Destek Markets minimum deposit local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

Below is an in-depth Minimum Deposit Review regarding this regulated Forex company, which will assist traders to make an informed decision, when it comes to funding your trading account.

 

Minimum Deposit

 

Destek Markets has a minimum deposit requirement of $ 100 to open a standard account.

This minimum deposit amount was equivalent to ZAR 1510 at the average currency exchange rate between the US Dollar and the South African Rand at the time of writing.

A Gold account can be opened with a minimum deposit of $1 000, a VIP account requires a minimum deposit amount of $5 000 and an ECN Account requires a minimum deposit of $10 000.

Depending on Destek Markets’ authorization as a broker and its regulatory authorities, one of the requirements may be that client funds must be kept in segregated accounts from the broker account and could only be used by traders to conduct trading activities.

 

Deposit fees and deposit methods

 

When compared with other brokers, the minimum deposit that Destek Markets requires when registering a live account is not too high.

Destek Markets offers traders only a few payment or deposit methods which can be used when making deposits. Funds always must be returned in the same method used to deposit.

Destek Markets accepts the following payment methods:

  • Bank Transfer
  • Credit/Debit Card

 

Destek Markets does not levy additional fees, but third-party charges may be applicable. Processing times depend on payment methods and the time of deposits or withdrawal requests.

Deposit currencies that are accepted include USD and others.

Traders must ensure that they verify whether their financial institution waives its own fees as there may be additional fees payable.

 

Overall Rating

4.7/5

Rated #– of 
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FCA 

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

40

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Step by step guide to depositing the minimum amount

 

Traders can fund their accounts from their own bank account by sending the funds to one of the Destek Markets segregated client accounts or access the option to deposit the minimum amount from their personal area after having registered a live trading account and it had been approved.

Traders must log in to their personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must ensure that they select the correct deposit currency before they make a deposit.

Funds must be transferred in the same currency as the bank account to which they are sending them to. Should this not be done, traders may be subjected to currency conversion fees.

 

Pros and Cons

✔️ PROS ❌ CONS
Choice of accounts starting with fair deposits Only a few payment options available
Fair selection of instruments to trade offered No choice of trading platform offered
FCA regulation and deposit insurance Non-competitive spreads
MetaTrader4 trading platform provided No scalping allowed

 

You might also like: Destek Markets Sign up Bonus

You might also like: Destek Markets Demo Account

You might also like: Destek Markets Fees and Spreads

You might also like: Destek Markets Account types

 

FAQ’s

 

What is the minimum deposit required to open an account with Destek Markets?

$ 100.

 

How do you make a deposit and withdraw money with Destek Markets?

Destek Markets offers the following deposit and withdrawal methods:

  • Bank Transfer
  • Credit/Debit Card

 

Do Destek Markets charge withdrawal fees?

No, but fees from financial institutions may be applicable.

 

How long does it take to make a withdrawal?

Withdrawals by means of certain methods may be processed within a shorter period than others. Usually, withdrawals 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.

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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