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Broker profile

Daman Markets

Daman Markets Financial Services LLC · AE

FindMyFX score

critical risk

3.9/10

0 Score out of 10 10
Independent assessment Updated 2026-07-18
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

UAE forex and CFD broker operating from Dubai under a Category 1 capital-markets licence.

Minimum deposit

USD 100.00

Max leverage

Not reviewed

Platforms

MetaTrader 5

Professional broker overview

FindMyFX editorial summary

Daman Markets is operated by Daman Markets Financial Services LLC, a UAE company whose official footer gives commercial registration 2389524 and Capital Market Authority Category 1 licence 20200000356. The broker lists DM Classic and DM Pro accounts on MetaTrader 5, with account-specific minimum deposits, spreads, commissions and leverage limits. The reviewed official source does not publish a complete country-by-country eligibility list, instead referring broadly to sanctioned, FATF-blacklisted and legally restricted jurisdictions.

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

Editorial note: The licence and company details were obtained from the broker's current legal disclosure; a direct company-specific regulator-register row was not captured, so the licence remains partially verified for import.

Founded
Not verified
Headquarters
AE
Operational status
active
Broker type
unknown
Execution model
Not verified
Support hours
Not verified

Support languages: English, Arabic

Documented advantages

  • The official legal disclosure provides a UAE company registration number, commercial licence number, headquarters and Category 1 regulatory licence.

Documented limitations

  • DM Pro has a stated USD 20,000 minimum deposit and does not offer swap-free status.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

Daman Markets Financial Services LLC

Primary
AE 2389524

Trading access

Account types

Available account structures and their current verification state.

1 account

DM Classic

unverified
Deposit
USD 100.00
Leverage
1:500

0% commission

Spread
From 1.20 pips
Base currencies
Not shown
Margin call / stop-out
—% / 50.00%
Demo / Islamic
Unknown / Yes
Balance protection
Unknown
Last verified
Not verified

Markets and instruments

Commodities

unverified

Forex

unverified

Indices

unverified

Metals

unverified

Official and historical websites

Broker contacts

Headquarters

14th Floor, World Trade Center, Dubai, United Arab Emirates

unverified

Research sources

Licenses and regulators

CMA

20200000356

unverified

Last verified: Not shown

Type: Category 1
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

Jurisdiction-specific offerings

AE · retail

unverified

Entity not linked · Leverage 1:500

Compensation scheme not shown

Score components

Regulation and licenses

5.0/10 · 35%

Score reflects the cited official evidence only.

Security and track record

0.0/10 · 20%

Score reflects the cited official evidence only.

Trading conditions

7.5/10 · 15%

Score reflects the cited official evidence only.

Company transparency

7.5/10 · 10%

Score reflects the cited official evidence only.

Service quality

2.5/10 · 10%

Score reflects the cited official evidence only.

Verified user reviews

0.0/10 · 10%

No verified user-review dataset was inspected.

Profile update history

Broker profile was published.

2026-07-18