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PALM Global Capital Review 2026

Item: PALM Global Capital
Rating: 4.66
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: July 09, 2026

Top Brokers Overview — United States

Min. deposit $100
Fees 6 /10
Account types 5.3 /10
Regulation 5.8 /10

4.7 /10

High risk

PALM Global Capital User Reviews 6.4
Commissions and Fees 6.0
Regulation and Safety 5.8
Account Types 5.3
Deposit and Withdrawal 4.3
Markets and Tradable Assets 6.3
Trading Account Opening 10.0
Customer Support 5.2

PALM Global Capital Pros & Cons

Access to 40 currency pairs and dozens of contracts for differences on indices, precious metals, commodities, energy products, and cryptocurrencies;
Floating spreads starting at 0.17 pips, with no trading fee (except for ECN accounts);
Moderate leverage up to 1:200, which significantly increases a trader's profit potential;
Free demo accounts, with a minimum deposit of just $100 for a Standard live account;
Withdrawals over $250 are not subject to bank commission fees;
Deposits can be made in USD, EUR, and GBP, with no restrictions on trading styles and methods;
Technical support is available 24/7 through a call center, email, and website tickets.

Clients can only deposit and withdraw funds via bank transfer or cryptocurrency;
No alternative income methods are available; so, traders profit solely through manual trading;
Some users may prefer trading platforms other than MT4, but they are not offered here.

TU Expert Verdict

PALM Global Capital carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

Top-5 Brokers Traders Prefer

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Trading.com USA

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OANDA

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FOREX.com

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EUR/USD 0.7 pips

PALM Global Capital User Reviews

Score:

6.4 /10

5 total

5-star

0%
4-star

40%
3-star

40%
2-star

20%
1-star

0%

muliadi

PRO

2 years ago

I've been collaborating with this platform for two months, with almost a month spent trading on a demo account before switching to Gold. Spreads here start from 1.17 pips, and there are no fees. There are no fees for withdrawals either. There are plenty of assets available. I trade currency pairs and contracts for indices and metals. Since I always work through MetaTrader 4, there are no comfort issues, as the platform is highly customizable. I'm satisfied, and this broker is top-notch without exaggeration. If they introduced a referral program, it would be even better. I have a popular blog on Forex trading, and I could easily attract traders to it.

I've been working on this platform for over a year. I started with a Standard account, and now I have a VIP account. Yes, a substantial deposit of at least $5,000 is required to open it, but the spreads start from 0.77 pips, and there are no fees. By the way, there are no withdrawal fees either. Well, there's only the bank's fee, which you only need to consider if you're withdrawing less than $250. I always withdraw more, so I haven't faced this issue. However, the conceptual drawback is the absence of passive income in any form, not even a standard referral program. Otherwise, the platform is decent and suitable for many.

Four months ago, I opened a demo account here. I traded a bit, everything suited me, so I switched to the Standard account. Spreads starting from 1.57 pips are quite typical, but there's no trading fee, which is a significant plus. Also, you can only trade through MT4. For me, this is an advantage because the platform adapts perfectly to many requirements. However, some traders prefer different software, so PALM Global Capital may not be suitable for them, or they will need to get used to MetaTrader 4. Additionally, some people might not like the complete absence of passive income. I don't consider this a disadvantage because, essentially, I come to a broker to trade and earn independently. The only real downside I see for myself is that you can't deposit and withdraw funds using methods other than bank transfers and cryptocurrency wallets. This setup is not very convenient for me, but since this broker is positive in all other aspects, I'm willing to accept it.

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Commissions and Fees

Score:

6 /10

The trading and non-trading commissions of PALM Global Capital have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No inactivity fee

Deposit fee applies
Withdrawal fee applies

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of PALM Global Capital with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, PALM Global Capital’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

PALM Global Capital Standard spreads
	PALM Global Capital	ZForex	OANDA
EUR/USD min, pips	0.1	0.1	0.1
EUR/USD max, pips	0.4	0.4	0.5
GPB/USD min, pips	0.2	0.2	0.1
GPB/USD max, pips	0.5	0.6	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

PALM Global Capital RAW/ECN spreads
	PALM Global Capital	ZForex	OANDA
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	3.00	7	3.5
EUR/USD avg spread	0.10	0.1	0.15
GBP/USD avg spread	0.10	0.15	0.2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with PALM Global Capital. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

PALM Global Capital Non-Trading Fees
	PALM Global Capital	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0.5	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0.5	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0-15
Inactivity fee ($, per month)	0	0

Is PALM Global Capital Safe?

Score:

5.8 /10

PALM Global Capital has a safety score of 5.8/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Is regulated
Negative balance protection

Not tier-1 regulated
Track record of less than 8 years

PALM Global Capital Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
SCB	Full Name Securities Commission of The Bahamas	Country of regulation Bahamas	Investor Protection Fund No specific fund	Regulation Level Tier-2

PALM Global Capital Security Factors
Foundation date	-
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

5.3 /10

PALM Global Capital offers the following account options: Demo, Standard, ECN/Raw spread, VIP.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Demo account
Low minimum deposit
Tight spread ECN account

No Cent account
Micro lots are not available

PALM Global Capital account types vs top competitors
	PALM Global Capital	ZForex	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	Yes	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	Yes	Yes
VIP	Yes	No	No
Managed	No	No	No

PALM Global Capital accounts trading conditions

First, traders select the account type that best suits their preferences. PALM Global Capital offers various account types that differ mainly in minimum deposits, spread types and lot sizes, and the presence or absence of trading fees. Account currency, minimum and maximum trade sizes, and leverage ratios are consistent across all accounts. The general rule is straightforward: higher minimum deposits correspond to lower spreads on the account. For ECN accounts, an additional fee is applied, as they are the only account type with raw spreads. Traders can access all available assets, with no choice of trading platform since PALM Global Capital offers MetaTrader 4 exclusively. Therefore, traders should base their choices on their financial capacity, strategic preferences, and trading aspirations.

Accounts Types:

Account Type	Description
Demo	The demo account is identical to the Standard account, with the only difference being that trading here is conducted with virtual currency;
Standard	Minimum deposit of $100, spreads starting from 1.57 pips, no fees, leverage up to 1:200, suitable for all trading styles and methods;
Gold	Minimum deposit of $1,000, spreads starting from 1.17 pips, no fees, leverage up to 1:200, allows hedging, scalping, and the use of expert advisors;
VIP	Minimum deposit of $5,000, spreads starting from 0.77 pips, no fees, leverage up to 1:200, access to all financial instruments offered by this broker;
ECN	Minimum deposit of $10,000, spreads starting from 0.17 pips, a fee of $6 per lot, leverage up to 1:100, access to all types of instruments and educational resources.

For traders who haven't previously worked with this broker, it is advisable to start by opening a demo account to explore the platform and refine their trading strategies. If the user is satisfied, they can then proceed to open their preferred user account and commence full-fledged trading.

Deposit and Withdrawal

Score:

4.3 /10

PALM Global Capital received a Low score for the efficiency and convenience of its deposit and withdrawal processes.

PALM Global Capital offers limited payment options and accessibility, which may impact its competitiveness.

Minimum deposit below industry average
Bank wire transfers available
Low minimum withdrawal requirement

Only major base currencies available
BTC payments not accepted

What are PALM Global Capital deposit and withdrawal options?

PALM Global Capital offers a limited selection of deposit and withdrawal methods, including Bank Wire. This limitation may restrict flexibility for users, making PALM Global Capital less competitive for those seeking diverse payment options.

PALM Global Capital Deposit and Withdrawal Methods vs Competitors
	PALM Global Capital	ZForex	Plus500
Bank Wire	Yes	No	Yes
Bank card	No	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	No	Yes	No

What are PALM Global Capital base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. PALM Global Capital supports the following base account currencies: USD, EUR, GBP.

What are PALM Global Capital's minimum deposit and withdrawal amounts?

The minimum deposit on PALM Global Capital is $100, while the minimum withdrawal amount is $100. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact PALM Global Capital’s support team.

Markets and Tradable Assets

Score:

6.3 /10

PALM Global Capital offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 55 Forex pairs.

Indices trading
Crypto trading
Copy trading platform

Limited asset selection
Futures not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by PALM Global Capital with its competitors, making it easier for you to find the perfect fit.

	PALM Global Capital	ZForex	Plus500
Currency pairs	55	50	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.		80	2800
Stocks	Yes	Yes	Yes
Commodity futures	Yes	Yes	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	Yes	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products PALM Global Capital offers for beginner traders and investors who prefer not to engage in active trading.

	PALM Global Capital	ZForex	Plus500
Bonds	No	No	No
ETFs	No	No	Yes
Copy trading	Yes	Yes	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

10 /10

We successfully registered an account with PALM Global Capital in 8 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at PALM Global Capital is $100.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Quick KYC verification (1 business day or less)
Fully online account opening process
Low minimum deposit requirement

Account setup process may feel less convenient for beginners

PALM Global Capital account opening
	PALM Global Capital	ZForex	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$100	$10	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	8	8	5
KYC time (days)	1	1	3

Is PALM Global Capital available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

To initiate collaboration with this broker, register on its official website, go through the verification process, open an account, and fund it. Additionally, download the appropriate version of the MetaTrader 4 trading platform. TU experts have prepared the below step-by-step guide to address many questions regarding this process. They also introduce you to the key functions of the trader's user account.

Go to this broker's website. In the upper right corner, click on the "Sign Up" button.
Enter your first and last name, email address, and phone number. Agree to the terms of collaboration by checking the box at the bottom. Click “Confirm".
Your user account has been created. Login credentials for the MetaTrader 4 demo account will be sent to the provided email address. At this stage, you can already access the platform to begin trading with virtual currency in demo mode.
Go to the user account by clicking "My Account." You can also click "Homepage" to go to the main page of this website. There, click on the "myPALM Global Capital" button. Next, enter the login and password provided in the email sent to your mailbox.
In the myPALM Global Capital user account, go to the "Create a Live Account" tab. Select the account type and currency, then click “Next".
Enter your date and place of birth, nationality, residency, full address with postal code, and other details. After filling in the next section, click «Next."
Once you have filled in all the sections, complete the verification process. To do this, click on the "Upload Supporting Documents" button.
Select the account for which you are verifying your identity. Specify the type of document and upload its photo/scan. Click on "Upload File" and provide any other required documents. Wait for the verification process to be completed.
Hover over the "My Wallet" section in the menu and select "Deposit". Then choose the deposit channel — either bank transfer or cryptocurrency wallet. Enter the required information according to the selected channel, then wait for the funds to be credited to your account.
Download the MetaTrader 4 trading platform. You can do this on this broker's website or on the MT portal. Install the platform on your device, enter your registration data, and start trading.

Sections within the PALM Global Capital user account:

"My accounts". This section serves as a dashboard, providing essential information regarding the trader's active accounts;
"My wallet”. In this section, users can manage deposits and withdrawals, conduct internal transfers, and review transaction histories;
"Transactions". Here, all of the trader's account-specific transactions, both current and completed, are displayed;
"Documents". This section facilitates the verification of the client's identity as required by the KYC protocols;
"Create a live account". An option for opening a new user trading account; registration automatically includes a demo account;
"My profile". Users can access this section to edit their basic information and contact details.

Customer Support

Score:

5.2 /10

Customer support at PALM Global Capital is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. PALM Global Capital provides basic support functionality but does not stand out in overall service performance.

Information

What would be the impact on my losses if I convert fiat funds to BTC? Why is there a minimum deposit limit of $150 from my bank account when the Standard account's minimum deposit is $100? What login credentials should I use for accessing the trading platform? Traders often have various queries. Is it due to their lack of attention while perusing the information on this website? Or is there a genuine issue that might result in financial loss? Regardless of the cause, in any dispute, traders reach out to the technical support team, while expecting a prompt and knowledgeable response. If the support team responds slowly or proves unhelpful, clients may become disappointed and switch to another broker. To prevent such scenarios, PALM Global Capital offers its users high-quality technical support that is reachable via phone, email, or the website's ticket system. The service is available around the clock but exclusively on weekdays.

Assistance is available to both registered and unregistered users
Technical support operates 24/5
Several communication channels to the support team are available

Support does not work on the weekend

If you are already working with PALM Global Capital or are considering becoming their client, don't hesitate to seek help from their technical support team in any unclear situation.

Here are the current contact channels:

Phone;
Email;
Ticket on the page.

Notice that this broker also has four additional email addresses for specific inquiries, which can also be found at this link.

Contacts
Registration address	Trinity Place Annex, Corner Frederick and Shirley Streets, Nassau, Bahamas
Regulation	SCB Licence number: SIA-F191
Official site	https://www.destekfxcapital.com/
Contacts	info@destekcapital.com +44 203 1502654, +90 850 7112020

Best PALM Global Capital Alternatives

zForex

7.9 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.5 /10

Regulation Tier-1

EUR/USD 0.5 pips

Trading.com USA

6.8 /10

Regulation Tier-1

EUR/USD 0.9 pips

OANDA

6.8 /10

Regulation Tier-1

EUR/USD 0.1 pips

FOREX.com

6.7 /10

Regulation Tier-1

EUR/USD 0.7 pips

FAQs

How are commissions and trading fees structured at PALM Global Capital?

PALM Global Capital has a medium overall fee level, with low forex trading fees, tight EUR/USD spreads, and no inactivity fee, but it does apply both deposit and withdrawal fees of 0.5%. On Standard accounts, costs are built into floating spreads (e.g., EUR/USD typically 0.1–0.4 pips and GBP/USD 0.2–0.5 pips), while ECN accounts use raw spreads plus a commission of $3 per lot and average spreads of 0.10 pips on EUR/USD and GBP/USD. Non-trading fees include a 0.5% charge on deposits and withdrawals, with no fixed withdrawal or inactivity fee in USD.

What account types does PALM Global Capital offer and what are their key conditions?

PALM Global Capital provides Demo, Standard, Gold, VIP, and ECN accounts, with no Cent, Micro, Swap Free, or Managed options. Minimum deposits range from $100 on the Standard account to $10,000 on the ECN account, with spreads generally decreasing and, in the case of ECN, a $6 per lot fee as the minimum deposit increases. All accounts use MetaTrader 4, share the same leverage caps (up to 1:200 for most, 1:100 for ECN), and differ mainly in spreads, fees, and minimum deposit requirements.

What do PALM Global Capital user reviews and feedback indicate about overall satisfaction?

User satisfaction with PALM Global Capital is mixed, with an average score of 6.4/10 based on 5 reviews. The rating distribution shows 40% 4-star, 40% 3-star, 20% 2-star, and no 5-star or 1-star reviews. According to user reviews, experiences vary, suggesting that clients see both strengths and weaknesses in the service.

What do reviews and feedback say about PALM Global Capital deposit and withdrawal conditions?

The review notes that PALM Global Capital has a low safety score of 4.25/10 for deposit and withdrawal efficiency and convenience, mainly due to limited payment options. Funding and withdrawals are available via bank wire only, with a minimum deposit and withdrawal of $100 and supported base currencies of USD, EUR, and GBP. While the broker offers a low minimum withdrawal and below-average minimum deposit, the lack of bank card, Wise, PayPal, or crypto options may reduce flexibility for some users.

How does the PALM Global Capital trading account opening process work?

Opening an account with PALM Global Capital is fully online, with registration taking about 8 minutes and KYC verification typically completed within 1 business day, after which the $100 minimum deposit can be made. The process involves creating a profile, submitting personal and address details, uploading identity documents, and then funding the account via bank transfer or cryptocurrency wallet as described in the broker’s instructions. The user area includes sections for managing accounts, wallets, transactions, documents, and creating additional live accounts.