Deposits


Depositing funds with Destek Markets is safe and simple. The fastest way to fund your trading account is by credit / debit card or eWallet, as the payment should reach your account within minutes. You can also choose to fund your account via a bank transfer.

Description Currencies Minimum* Maximum Transaction Time
Bank transfer USD, EUR, GBP 20 No max Up to 5 working days
Credit cards USD, EUR, GBP 20 5,000 Instantly
Debit cards USD, EUR, GBP 20 5,000 Instantly
eWallet (Skrill) USD, EUR, GBP 20 5,000 Instantly

*For all deposits there is a minimum deposit of USD / EUR / GBP 20 (minimum first deposit of USD / EUR / GBP 100).

Destek Markets accepts no liability if a client is unable to deposit funds due to technical issues and clients may want to make sure they have excess funds in their account to allow for any move in financial markets which could adversely impact their positions.


How do I make a deposit in myDestek?

You can make a deposit to your trading account using your secure account management area, myDestek. Simply follow the three steps below:

1) Login to myDestek

2) Click on myWallet then 'Deposit'

3) Choose your preferred payment method


How do I make a deposit by Credit / Debit card?

You can fund your account using a MasterCard or Visa credit card or debit card. This is the quickest way to fund your trading account, and if the payment is successfully authorised it will be credited to your account instantly. 

Accepted credit / debit cards: Visa (credit and debit), Visa Electron, Visa Delta, MasterCard (credit), Maestro and Solo.

For credit and debit cards, you may be charged fees by your provider. These can be refunded to your trading account if you provide receipt of proof to us of those charges.

To deposit using a credit or debit card, please click the 'Credit/Debit card' option within the Deposit tab in myWallet. You will then be asked to select your account number and the amount you would like to credit your account with. You will then be asked to enter the following details:

Your card number

Name of card holder

Your card's expiry date (MM/YY)

CVV code (this is the 3 digit security code at the back of your credit card)

Please make sure you are using a card in your own name and from a personal account only, not a business account. We do not accept third party payments (for example, from a family member). We do not accept prepaid cards.

 

How do I make a Bank transfer?

It is also possible to fund your Destek Markets trading account via bank transfer to our Barclays Bank account. Our bank details are available by selecting 'Bank transfer' in the myWallet section of MyDestek. Please note that the bank details change depending on the currency chosen (USD / EUR / GBP).

It is important you quote your MT4 account number as a reference when making a payment. Please make sure the bank account you are sending the funds from is registered in your name. If not, your funds may be returned to source, and your account will not be credited.

For bank transfers, there may be fees charged by your provider on the transfer. These can be refunded to your trading account upon receipt of proof of charges.

Please note, making a BACS/International payment can take up to 5 working days to credit our bank account. Until the payment is cleared with our bank, those funds will not be credited to your trading account. You also need to be aware that once the payment for a bank transfer has reached our bank account, it can only be allocated in business hours. This is between 9am and 5pm UK time, Monday to Friday (excluding bank holidays).

 

Can I transfer funds from another broker to Destek Markets?

Yes, it is possible to transfer funds from a different broker to your Destek Markets trading account. However, we will only accept funds from an FCA regulated UK broker. The minimum requirement for this type of transfer is USD / EUR / GBP 5,000 per transfer. If you wish to do a broker to broker transfer, please contact us for a transfer form.

Withdrawals

Withdrawing funds from your Destek Markets account is fast via our secure client account management area. Once your withdrawal request has been approved, your funds will be sent via the withdrawal method you chose. There are no fees to withdraw funds from your account.

Description Currencies Minimum* Transaction Time
Bank transfer USD, EUR, GBP 50 Up to 5 working days
Credit cards USD, EUR, GBP 50 Up to 5 working days
Debit cards USD, EUR, GBP 50 Up to 5 working days
eWallet (Skrill) USD, EUR, GBP 50 Up to 3 working days

*The minimum withdrawal amount permitted is USD / EUR / GBP 50, unless you are specifically requesting to withdraw your full balance and close your trading account.


How do I withdraw funds from my trading account?

You can withdraw funds from your trading account at any time, and the withdrawal will be done using the same method that you previously used to deposit the funds. For example, to the same bank account or card.

You can make a withdrawal request via your secure account management area, myDestek. Simply follow the three steps below:

1) Login to myDestek

2) Click on myWallet then 'Withdrawal'

3) Provide your bank details and choose the type of withdrawal you would like to make (credit / debit card or bank transfer)

If you make a withdrawal request before 2pm UK time on a business day (Monday to Friday), the request will be processed on the same day. Any withdrawal requests made after 2pm UK time will be processed the next business day. Once processed, the refunded amount can take up to 5 working days to reach your bank account.

If your withdrawal request is greater than your inital credit/debit card deposit, we are only able to refund the amount of the inital deposit into your bank account. The remaining balance of the withdrawal will be sent via bank transfer using the bank account details you provide.

For bank transfers, withdrawals will be returned to the same bank account you made the original bank transfer deposit payment with. We do not charge any fees to make a bank withdrawal, however international clients may wish to contact their receiving bank to find out the conversion fees they charge (if any).


Client money protection

As an FCA regulated broker, Destek Markets UK Ltd adheres to strict regulations and legislation, in order to provide the best possible protection for our clients. Your funds will be 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, your funds (up to £85,000) are also protected under the Financial Services Compensation Scheme (FSCS). For more information on this please see Safety of client funds.

Outstanding support

Trading the world’s financial markets can be fun, exciting, rewarding and sometimes daunting, especially for new traders. Destek Markets not only offers access to a wide range of financial instruments, but the support to make you a better trader. Free education and research tools, 24/5 online support and a dedicated account manager to speak to if you want, when you want. Benefit from our combined experience and get the support you need to succeed as a trader.

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Start trading with Destek Markets in 3 easy steps

1. RegisterOpen your Live Trading Account via MyDestek
2. VerifyUpload your documents to verify your account
3. FundLogin to MyDestek and fund your account
Start trading now
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