|Offshore Regulatory
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Bahamas
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442031502654
info@destekcapital.com
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Trinity Place Annex Corner Frederick and Shirley Streets, Nassau, Bahamas
VPS Standard
No restriction on the broker account. Provide service support by WikiFX
Single Core
1G
40G
Company Name
Destek Global Ltd
Phone of the company
442031502654
Company website
Customer Service Email Address
info@destekcapital.com
Company address
Trinity Place Annex Corner Frederick and Shirley Streets, Nassau, Bahamas
Pyramid scheme complaint
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The number of this brokers's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!
The BahamasSCB regulatory with license number: SIA-F191 is an offshore regulatory, please be aware of the risk!
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The Securities Commission of The Bahamas (“the Commission”)（SCB) is a statutory body established in 1995 pursuant to the Securities Board Act, 1995. That Act has since been repealed and replaced by new legislation. The Commission’s mandate is now defined in the Securities Industry Act, 2011 (SIA, 2011). The Commission is responsible for the administration of the SIA, 2011 and the Investment Funds Act, 2003 (the IFA), which provides for the supervision and regulation of the activities of the investment funds, securities and capital markets. The Commission, having been appointed Inspector of Financial and Corporate Services in 1 January 2008, is also responsible for administering the Financial and Corporate Service Providers Act, 2000.
Current Status:
Offshore RegulatoryLicense Type:
Retail Forex LicenseRegulated in Country/Area
Regulatory License No.：
SIA-F191Email Address of Licensed Institution :
aferguson@cfal.com,padderley@cfal.comLicense Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
1st Floor, Bay View House, East Bay StreetPhone Number of Licensed Institution :
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General Information & Regulation
Destek Global Ltd is a global forex and CFD broker, is Authorised and Regulated by the Securities Commission of The Bahamas, licence number SIA-F191. A registered company in Bahamas, number 199346B, at registered address Trinity Place Annex, Corner Frederick and Shirley Streets, Nassau, Bahamas.
Market Instruments
Destek offers investors a range of popular financial tradable instruments, including major currency pairs, minor currency pairs, exotic currency pairs, metals, and cryptocurrencies.
Minimum Deposit
To meet different investors' investment needs and trading experience, Destek offers four different types of accounts, mainly the Standard Account (minimum deposit of $100), Gold Account (minimum deposit of $1,000), VIP Account (minimum deposit of $5,000) and ECN Account (minimum deposit of $10,000).
Destek Leverage
Trading leverage vary depending on each instruments. Trading leverage is up to 1:200 for major currency pairs, 1:100 for minor currency pairs, 1:50 for odd currency pairs, 1:200 for metals, and 1:10 for cryptocurrency trading.
Spreads & Commissions
The average spread for the standard account is 1.57 pips for EURUSD, 2.13 pips for GBPUSD, 3.71 pips for XGUUSD, and 41.2 pips XAUUSD. The average spread on the Gold account is 1.17 pips on EURUSD, 1.73 pips on GBPUSD, 3.21 pips on XGUUSD, and 36.2 pips on XAUUSD. The average spread for ECN accounts is 0.17 pips for EURUSD, 0.53 pips for GBPUSD, 0.91 pips for XGUUSD, and 9.2 pips for XAUUSD.
Trading Platform
Destek offers the market-leading and popular MT4 trading platform and MT4 Windows, Android, Tablet, and iOS versions for traders to choose from. With powerful data analysis tools, 50 technical indicators, and available for algorithmic trading, MT4 is the ideal trading platform for forex traders.
Deposit & Withdrawal
Destek supports wire transfers for deposits and withdrawals in USD, EUR, and GBP with a minimum deposit of $150. The minimum wire transfer withdrawal amount is $100, and bank charges for withdrawals below 250 EUR/USD/GBP are to be covered by the traders.
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