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Destek Markets is not the current legal name of the business. The UK company formerly called Destek Markets UK Ltd later became Britannia Capital Markets Limited and is now Britannia Global Investments Limited. It remains an active UK company, but the firm’s current website presents it as an institutional and professional brokerage—not as a conventional retail forex broker.
That distinction matters because many older reviews still quote a $100 minimum deposit, retail leverage, MetaTrader 4, account tiers and card withdrawals. Those details may relate to the former Destek Markets operation or historical third-party listings. They are not confirmed as current terms by Britannia Global Investments.
What happened to Destek Markets?
Destek Markets UK Ltd and Britannia Global Investments Limited are successive names of the same UK legal entity, rather than separate companies.
| Period | Legal name |
|---|---|
| 19 November 2015–30 October 2018 | Destek Markets UK Ltd |
| 30 October 2018–24 September 2019 | Britannia Capital Markets Limited |
| 24 September 2019–present | Britannia Global Investments Limited |
Companies House records the company as number 09879649, incorporated on 19 November 2015, with its registered office at Level 29, 52 Lime Street, London, EC3M 7AF. The company is listed as active. A claim that Britannia Global Investments itself was incorporated in 1992 would therefore be inaccurate; that date may refer to group history or an earlier predecessor.
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The company is part of Britannia Financial Group Limited, which Companies House lists as the person with significant control. The current directors listed for the company are Daniel James Reiser, Jose Francisco Herrera and Simon Peter Foster.
Is Britannia Global Investments regulated?
Britannia Global Investments Limited states that it is authorised and regulated by the UK Financial Conduct Authority (FCA) under FRN 739949. The same reference and company number appear on its current website and Standard Terms of Business.
The FRN was originally associated with Destek Markets UK Limited, which explains why older FCA-related records and broker databases may show the Destek name. The name history confirms that Destek Markets UK Ltd and Britannia Global Investments Limited are the same company.
Before dealing with the firm, check the FCA Financial Services Register directly. Search for both the firm name and FRN 739949, then compare:
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- The permitted activities and client types.
- The firm’s contact details and trading names.
- Whether the specific service you are being offered falls within the firm’s permissions.
FCA authorisation is important, but it is not a guarantee against investment losses. It also does not automatically establish that every service or client is covered by the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service. The applicable protection depends on the service, legal entity, client classification and circumstances.
What does the current business offer?
Britannia’s current Global Investments pages describe a UK and pan-European brokerage division focused on institutional investors and qualified clients. The stated services include:
- Execution and custody for worldwide physical assets.
- Cash equities.
- Government, corporate, high-yield, distressed and convertible bonds.
- Mutual funds and exchange-traded funds.
- Multi-currency accounts.
- Securities financing, including stock borrow and loan.
- Repo and reverse-repo transactions.
- Margin and leverage services for eligible clients.
The company also describes sales and trading capabilities for institutional investors and financing services for qualified clients. This is materially different from the usual retail broker model, where an individual can open an account online, choose a leverage level and deposit by card.
Britannia Global Investments versus Britannia Global Markets
These two group businesses should not be treated as one interchangeable product.
| Entity | Current positioning | Company number / FCA FRN |
|---|---|---|
| Britannia Global Investments Limited | Equities, fixed income, custody and securities financing | 09879649 / 739949 |
| Britannia Global Markets Limited | FX, commodities, base metals, futures, options, CFDs and other derivatives | 01969442 / 114159 |
The group website places both companies under the Britannia Financial Group umbrella, but a reference to CFDs, forex or derivatives on a Global Markets page does not prove that Britannia Global Investments offers the same products to retail clients.
Trading platforms: is MT4 available?
Older Destek Markets reviews commonly describe MetaTrader 4 as the trading platform. The current Britannia Global Investments securities page instead identifies IRESS in its “At a glance” section.
Britannia Global Markets has separately discussed MetaQuotes, MT4/MT5 bridging and institutional CFD infrastructure in corporate material. That is not evidence of a current public MT4 account with Britannia Global Investments.
If a representative offers MT4, ask for written confirmation that specifies:
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- The legal contracting entity.
- The relevant FCA permission.
- Whether the account is retail, professional or institutional.
- The exact platform provider and available instruments.
- All trading, custody, financing and withdrawal charges.
Minimum deposit, leverage and account types
There is no current official public schedule confirming a $100 minimum deposit, retail leverage of 1:30 or 1:200, Standard/Premium/ECN account tiers, or a retail demo-account process.
Those figures should not be copied from historical Destek Markets reviews and presented as Britannia’s current terms. The official website does not show a public retail “Open Account” route, deposit page, spread table or retail withdrawal schedule. Institutional and qualified-client arrangements are normally negotiated and documented rather than selected from a standard online pricing menu.
Leverage is particularly important to verify. The current site refers to margin and leverage services in the context of securities financing and qualified clients. That does not establish a retail CFD leverage limit or indicate that leverage is available to an ordinary individual investor.
How do you contact the firm?
The current website provides a business enquiry form rather than a self-service retail onboarding flow. The form asks for:
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- Surname
- Company
- “I’m mainly interested in”
- Message
The button is labelled Send. The site does not publicly display an “Open Account,” “Sign Up,” “Deposit” or similar retail button.
Published contacts include:
- Global Investments securities and institutional financing: Simon Foster, +44 (0)20 4570 1689, [email protected].
- Existing clients: +44 (0)20 3941 6447, [email protected].
- Complaints: +44 (0)20 3093 9019, [email protected].
Use contact details from the official Britannia contact page. Do not rely on an email address or payment instruction supplied only through an unsolicited message.
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What should prospective clients verify?
Because the current public information is aimed at institutional and professional users, a prospective client should obtain the commercial and legal details before sending money or securities.
- Confirm the entity. Make sure the agreement names Britannia Global Investments Limited, company number 09879649, if that is the business you intended to use.
- Check the FCA Register. Confirm FRN 739949 and verify that the permissions match the proposed service.
- Ask about client classification. Find out whether you would be treated as retail, professional, elective professional or an institutional client.
- Request the current terms. Obtain the client agreement, costs and charges, custody arrangements, margin terms, execution policy and complaints procedure.
- Clarify asset custody. Ask where cash and securities are held, how assets are segregated, and which entity is responsible for custody.
- Confirm financing risks. Repo, stock lending, margin and leverage can create obligations beyond an initial investment, depending on the agreement.
- Check protection separately. Ask whether FSCS or Financial Ombudsman protection applies to the exact service and client status; do not assume it does because the firm is FCA-authorised.
- Validate payment instructions. Confirm bank details through an independently sourced official contact before transferring funds.
Advantages and limitations
| Potential advantages | Limitations and cautions |
|---|---|
| UK FCA-regulated legal entity with a traceable Companies House record | Current offering is not presented as a standard retail forex account |
| Access to equities, fixed income, funds and ETFs | Public retail pricing, spreads and minimum deposits are not available |
| Custody and multi-currency services | Financing and margin services require careful review of eligibility and risk |
| Institutional securities financing and repo capabilities | Older Destek Markets information can be misleading if treated as current |
| Published London contact and complaints channels | No publicly visible self-service account-opening process |
Verdict: is Destek Markets/Britannia Global Investments legitimate?
The UK company is identifiable and active, and Britannia Global Investments states that it is FCA-authorised under FRN 739949. The former Destek Markets and Britannia Capital Markets names belong to the same company, not unrelated firms.
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Random freezes, missing sound and display glitches usually trace back to one bad driver. Find and replace yours safely.Free scan · under a minuteHowever, the current business should not be reviewed as though it were a conventional retail forex broker. Its official presentation is centred on institutional and qualified-client execution, custody, securities, fixed income and financing. The frequently repeated retail details—$100 minimum deposit, MT4, account tiers, retail leverage and card withdrawals—are not currently confirmed by the official Global Investments pages.
For an institutional or eligible professional client seeking securities execution or financing, the firm may be relevant. For an individual looking for a simple retail forex or CFD account, the current public information does not show a clear onboarding route or enough retail terms to make a meaningful cost and feature comparison. Do not deposit funds until the exact entity, permissions, client status, fees, custody arrangements and applicable compensation protections have been confirmed in writing.
Sources: Companies House company record; Britannia Global Investments; Britannia Securities; Britannia contact page; FCA Financial Services Register.
FAQ
Is Destek Markets still operating under that name?
No. Destek Markets UK Ltd was a former name of company number 09879649. The company changed its name to Britannia Capital Markets Limited and then to Britannia Global Investments Limited in September 2019.
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Is Britannia Global Investments FCA-regulated?
Britannia Global Investments Limited states that it is authorised and regulated by the FCA under FRN 739949. Check the FCA Register directly to confirm the firm’s current permissions and whether they cover the service offered to you.
Does Britannia Global Investments offer retail forex trading?
The current official website does not present a standard retail forex account. It describes institutional and qualified-client services involving securities, fixed income, custody and securities financing. Forex and CFD services are associated on the group website with the separate Britannia Global Markets entity.
Does it offer MetaTrader 4?
Older Destek Markets reviews mention MT4, but the current Britannia Global Investments securities page identifies IRESS instead. A separate Britannia Global Markets reference to MT4 or MT5 infrastructure does not confirm a current public MT4 account for Global Investments.
What is the minimum deposit?
No current official public minimum deposit is shown for Britannia Global Investments. The often-quoted $100 figure comes from older or third-party Destek Markets material and should not be treated as a current term.
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Do not assume so. FCA authorisation alone does not confirm FSCS or Financial Ombudsman coverage. Protection depends on the service, entity, client classification and specific circumstances.
How can I contact Britannia Global Investments?
The official contact page provides a business enquiry form and lists securities, institutional-financing, existing-client and complaints contacts. Verify all contact details and payment instructions through the official Britannia website.
The Bottom Line
Bottom line: Destek Markets, Britannia Capital Markets and Britannia Global Investments are successive names of the same active UK company. The current business is an FCA-regulated institutional and professional brokerage focused on securities, custody, fixed income and financing—not a clearly documented retail forex broker. Treat old claims about MT4, $100 deposits, leverage and retail account types as unverified until Britannia confirms them in a current written agreement.
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