DAMAN MARKETS Review

Updated: April 10, 2026
DAMAN MARKETS
Views178

Fast Facts

Founded:
1998
Trading Instruments:
Stocks, Indices, Metals, Commodities, Forex
Max Leverage:
1:500
Islamic Accounts (Swap-Free):
Yes
Offices:
United Arab Emirates
Regulations:
SCA (UAE)
Trading Platforms:
MetaTrader 5, WebTrader
Min Deposit:
250 USD
Headquarters:
United Arab Emirates

Account types

DM CLASSIC AccountDM PRO Account
Minimum Deposit250 USD20'000 USD
Maximum Leverage1:5001:100
Spread from (pips)
Commission per lot (USD) 0
Minimum Trade Size0.01
Step
Execution Type
Trading InstrumentsStocks, Indices, Metals, Commodities, Forex
Margin Call
Stop out50%
Swap Free
Currency

Contact Info and Support

Company Address:

Dubai World Trade Center, Suite 1401, P.O. Box 9436 Dubai, United Arab Emirates

Supported languages: Arabic, English

Traffic information

CategoryMetricsMeaning
RatingsGlobal Rank925012
Country CodeAE
Country Rank15317
Category Rank-
Engagement metricsVisits32585
Bounce Rate0.4492
Pageviews per Visit1.51
Avg. Visit Duration6.21
Estimated monthly visitsDecember 202563811
January 202640763
February 202632585
Top countriesNigeria (NG)22.82%
United Arab Emirates (AE)15.76%
Vietnam (VN)10.42%
United States (US)10.19%
India (IN)6.99%
Traffic sourcesDirect41.72%
Search37.67%
Referrals10.48%
Social7.09%
Paid Referrals2.11%
Mail0.23%
Top keywordsdaman markets670 ◦ $670
daman21590 ◦ $0.59 ◦ $180
daman trade ◦ $90
whats the total wealth managed by daman securities80 ◦ $70
daman موقع شؤكات تداول50 ◦ $50

About DAMAN MARKETS

Daman Markets is the trading brand of Daman Securities LLC, a limited liability company incorporated in the United Arab Emirates under Commercial Registration No. 2112974 and regulated by the UAE Securities and Commodities Authority (SCA) with Category 1 License No. 604020 for financial brokerage activities, including trading and clearing in UAE markets, and trading in global financial markets such as OTC derivatives, commodities, and spot forex (). The firm’s principal place of business is located at World Trade Centre, 14th floor, Dubai, United Arab Emirates ().

The broker provides two account types: “DM CLASSIC Account” requiring a minimum deposit of 250 USD with maximum leverage of 1:500, and “DM PRO Account” requiring a minimum deposit of 20 000 USD with maximum leverage of 1:100. Both account types allow trading in a range of instruments including stocks/equities, indices, precious metals, commodities, and forex/currencies. Commission for Classic account is 0 USD, while no details were provided for Pro. Trading is conducted via MT5 and WebTrader platforms. DM CLASSIC supports Islamic (swap-free) accounts, whereas DM PRO does not. Neither account type supports hedging, scalping, or negative balance protection (NBP) ().

Who it’s for

  • Traders with modest initial capital seeking high leverage (up to 1:500) and Islamic account options (DM CLASSIC).
  • Experienced or professional traders with substantial capital (≥ 20 000 USD) preferring lower leverage (1:100) in the DM PRO account.

Pros and cons

Pros

  • Licensed by the UAE SCA (Category 1 License No. 604020), ensuring formal regulatory oversight.
  • Offers Islamic swap-free accounts (DM CLASSIC) and access to a diversified asset range including forex, CFDs on indices, stocks, metals, and commodities.
  • Utilizes widely used trading platforms (MT5 and WebTrader) and provides both low and high leverage options.

Cons

  • No support for hedging, scalping, or negative balance protection (NBP) across account types.
  • The high minimum deposit for the DM PRO account (20 000 USD) may restrict access for some clients.

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