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Palm Global Review: Is It Legit and Regulated?

Palm Global Capital Ltd

BS Operating period unverified
AKA Destek Global Limited

FindMyFX score

high risk

5.8/10

0 Score out of 10 10
Independent assessment Updated 2026-08-06

Contact & regulation

Official website
palmglobalcapital.com
Address
#3 Bayside Executive Park, West Bay Street and Blake Road, P.O. Box CB-12407, Nassau, Bahamas
Primary license
SCB · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Palm Global legit and regulated?

FindMyFX has license records for Palm Global, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Palm Global Capital Ltd is a Bahamas-registered capital-markets firm listed by the Securities Commission of The Bahamas and offering forex and CFD accounts on its official website.

Professional broker overview

FindMyFX editorial summary

The Securities Commission of The Bahamas' registrant list dated 30 June 2026 includes Palm Global Capital Ltd, formerly Destek Global Limited, for dealing, arranging, managing and advising on capital-market instruments and trading CFDs. The broker states company number 199346B and licence SIA-F191, while its account table lists Standard, Gold and VIP accounts with minimum deposits from USD 100 to USD 5,000, maximum leverage of 200 and published EURUSD 24-hour average spreads. The regulator list confirms the entity and activity categories but does not display the broker-stated licence number.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: Licence details and client-fund safeguards are broker disclosures pending direct regulator-register verification.

Operational status
active
Broker type
unknown
Execution model
The broker says it acts as principal only to fulfil client orders and immediately hedges each order with another party.
Support hours
Not verified

Support languages: English

Documented advantages

  • The SCB's current registrant list includes the entity and its capital-markets and CFD activity categories.
  • The official broker site publishes account-level deposits, leverage, commissions and EURUSD spread observations.

Documented limitations

  • The official risk warning states that forex and CFD losses can exceed deposits.
  • The licence number was not independently confirmed in the regulator register during this review.
88%coverage

Published profile coverage

7 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

Palm Global Capital Ltd

Primary
BS 199346B

Trading access

Account types

Available account structures and their current verification state.

3 accounts

Gold

unverified
Deposit
USD 1000.00
Leverage
1:200

No commission

Spread
1.17 pips typical
Base currencies
Not shown
Margin call / stop-out
—% / —%
Demo / Islamic
Yes / Unknown
Balance protection
Unknown
Last verified
Not verified

Standard

unverified
Deposit
USD 100.00
Leverage
1:200

No commission

Spread
1.57 pips typical
Base currencies
Not shown
Margin call / stop-out
—% / —%
Demo / Islamic
Yes / Unknown
Balance protection
Unknown
Last verified
Not verified

VIP

unverified
Deposit
USD 5000.00
Leverage
1:200

No commission

Spread
0.77 pips typical
Base currencies
Not shown
Margin call / stop-out
—% / —%
Demo / Islamic
Yes / Unknown
Balance protection
Unknown
Last verified
Not verified

Markets and instruments

Commodities

unverified

Forex

unverified

gold

unverified

silver

unverified

Additional broker contacts

Operative address

#3 Bayside Executive Park, West Bay Street and Blake Road, P.O. Box CB-12407, Nassau, Bahamas

unverified

Support

+44 203 1502654

unverified

Research sources

Licenses and regulators

SCB

SIA-F191

unverified

Last verified: Not shown

Type: Securities Industry Act licence
Client class: Not shown
Compensation: Not shown
Segregated funds: Yes
Negative balance protection: Unknown
Open official register ↗

Jurisdiction-specific offerings

BS · retail

unverified

Entity not linked · Leverage 1:200

Compensation scheme not shown

Instrument trading costs

EURUSD

unverified

Typical spread: 1.57000 pips · Commission: 0.0000

Swap long — · short —

Score components

Regulation and licenses

7.5/10 · 35%

A current official regulator list confirms the entity and activity categories, while the licence number remains broker-sourced.

Security and track record

5.0/10 · 20%

Some source-backed safeguards or established corporate history were documented.

Trading conditions

7.5/10 · 15%

Official sources documented account-level conditions and key costs.

Company transparency

7.5/10 · 10%

Official sources clearly identified the entity, address, and operating scope.

Service quality

2.5/10 · 10%

Official contact or support availability was documented, without independent service evidence.

Verified user reviews

0.0/10 · 10%

No verified user-review dataset was available from the reviewed inspectable sources.

Profile update history

Broker profile was published.

2026-08-06

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.