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Daman Securities

Daman Securities is a regulated broker by the SCA, established in 1998, offering access to global financial markets. It provides comprehensive trading services across various asset classes, equipped with robust technological infrastructure and accessible through MetaTrader 5, tailored to meet the needs of worldwide retail and professional traders.

SCAUnited Arab EmiratesEst. 1998
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Account Types

Standard

STP Account

Swap Free

Designed for retail traders seeking competitive spreads and no commissions.

Min Deposit
$100
Spread From
1.2 pips
Commission
None
Max Leverage
1:100
MT5

Premium

ECN Account

Swap Free

Tailored for experienced traders with tighter spreads and low commissions.

Min Deposit
$5000
Spread From
0.1 pips
Commission
$7/lot
Max Leverage
1:100
MT5

Regulation & Legal Entities

Daman Securities L.L.C

United Arab Emirates

Regulator: SCA
License: 602018
Max Leverage: 1:100

Suite 601, Level 6, Dubai World Trade Centre, P.O. Box 9436, Dubai, UAE

Trading Platforms

MetaTrader 5

Desktop|Mobile|Web

Advanced ChartingMQL5 ProgrammingMulti-asset TradingOne-click Trading

Trading Instruments

300+
Total Instruments
60
Forex Pairs
15
Indices
Commodities

Fees & Pricing

Deposits

Bank TransferFree
Credit CardFree
E-WalletsFree

Withdrawals

FeeN/A

Inactivity

Fee$N/A

Deposit Methods

Bank TransferVisaMastercardNetellerSkrill

Execution Technology

STP/ECN
Execution Type
Variable
Slippage
None
Requotes

Trading Features

Negative Balance Protection
Guaranteed Stop Loss
Trailing Stop
One-Click Trading
Mobile Trading
API Trading

Restricted Countries

Daman Securities does not accept clients from the following countries:

United StatesCanadaIranNorth KoreaJapan

Server Infrastructure

Total Servers
3
Endpoints
5
Countries
2
Primary Region
Europe

Server Locations

London, GB(2)Dubai, AE(2)City of London, GB(1)

Hosting & Connectivity Providers

Microsoft Azure(2)Amazon/AWS(2)PrimeXM Services (Cyprus) Ltd(1)

Quick Info

HeadquartersDubai, United Arab Emirates
Years in Business28 years
Min Deposit$100
Spreads From0.1 pips
Max Leverage1:100
Account Types2
Open Account⭐ User Reviews on Trustpilot

Support

24/5
📞+971 4 332 4140
Live ChatEmailPhone

Company Stats

Verified Data

Last verified: 2026-02-08

Frequently Asked Questions about Daman Securities

Everything you need to know about the broker's trading conditions

Is Daman Securities a regulated broker?

Yes, Daman Securities is regulated by the SCA in United Arab Emirates, providing a secure trading environment for its clients.

What is the minimum deposit required for Daman Securities?

The minimum deposit requirement to open an account with Daman Securities is $100.

What is the maximum leverage offered by Daman Securities?

Daman Securities offers a maximum leverage of up to 1:100 for retail traders, though this may vary based on your jurisdiction and the entity you register with.

Which trading platforms does Daman Securities support?

Daman Securities provides access to global markets through MetaTrader 5.

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