DAMAN MARKETS Review
657
Review
Fast Facts
Account types
| DM CLASSIC Account | DM PRO Account | |
|---|---|---|
| Minimum Deposit | 250 USD | 20'000 USD |
| Maximum Leverage | 1:500 | 1:100 |
| Spread from (pips) | ||
| Commission per lot (USD) | 0 | |
| Minimum Trade Size | 0.01 | |
| Step | ||
| Execution Type | ||
| Trading Instruments | Stocks, Indices, Metals, Commodities, Forex | |
| Margin Call | ||
| Stop out | 50% | |
| Swap Free | ||
| Currency | ||
Contact Info and Support
Dubai World Trade Center, Suite 1401, P.O. Box 9436 Dubai, United Arab Emirates
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | 530792 |
| Country Code | AE | |
| Country Rank | 9480 | |
| Category Rank | - | |
| Engagement metrics | Visits | 74001 |
| Bounce Rate | 0.5021 | |
| Pageviews per Visit | 2.02 | |
| Avg. Visit Duration | 536.34 | |
| Estimated monthly visits | April 2026 | 130236 |
| May 2026 | 69316 | |
| June 2026 | 74001 | |
| Top countries | United Arab Emirates (AE) | 34.21% |
| India (IN) | 21.96% | |
| United States (US) | 12.69% | |
| Switzerland (CH) | 6.23% | |
| Germany (DE) | 5.39% | |
| Traffic sources | Direct | 4.75% |
| Referrals | 4.03% | |
| 0.14% | ||
| Social | - | |
| Paid Referrals | - | |
| Search | - | |
| Top keywords | daman markets | 320 ◦ $240 |
| daman login | 2830 ◦ $2.1 ◦ $60 | |
| best forex company in uae | 70 ◦ $60 | |
| daman securities | 190 ◦ $50 | |
| daman market | 90 ◦ $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.
