Broker Summary
Summary of the broker
No Description Available
This broker does not have a detailed description available at the moment.
Regulatory Licenses
Compliance & oversight
2 licenses
SCATier 2Regulated
SCATier 2
Regulated
License Details
Type:Retail Forex License
License #:20200000043
Status:Regulated
Validity
Effective:N/A
Expires:N/A
SCATier 2Regulated
SCATier 2
Regulated
License Details
Type:Dealing in securities
License #:604020
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore
Account Types
Trading account options
2 types
ClassicStandardMin Deposit USD 250 • Leverage 1:500 • Commission 0
Classic
Standard
Min DepositUSD 250
Leverage1:500
Commission0
ProVIPMin Deposit USD 20,000 • Leverage 1:100 • Commission From $17 per mil USD
Pro
VIP
Min DepositUSD 20,000
Leverage1:100
CommissionFrom $17 per mil USD
2
Total Types
2
Categories
—
ECN Available
Funding Methods
Deposit & withdrawal options
5 methods
VisaInstant
Visa
Instant
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:USD 10
Max:N/A
Minimum deposit $250 for DM Classic account; no deposit fees charged by broker; third-party fees possible; withdrawals generally no fees except crypto.
MasterCardInstant
MasterCard
Instant
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:USD 10
Max:N/A
Minimum deposit $250 for DM Classic account; no deposit fees charged by broker; third-party fees possible; withdrawals generally no fees except crypto.
Bank Transfer
Bank Transfer
Deposit
Fee:Free
Min:USD 100
Max:N/A
Withdrawal
Fee:Free
Min:USD 100
Max:N/A
Minimum deposit $250 for DM Classic account; no deposit fees charged by broker; third-party fees possible; withdrawals generally no fees except crypto.
NetellerInstant
Neteller
Instant
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:Free
Min:USD 10
Max:N/A
Minimum deposit $250 for DM Classic account; no deposit fees charged by broker; third-party fees possible; withdrawals generally no fees except crypto.
5
Free Deposit
5
Instant
0
Crypto
Trading Platforms
Professional trading tools
1 Available
Live Spreads & Trading Costs
Compare real-time spreads on major currency pairs
Spreads are the core trading cost with Daman Markets: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.
- Live spread table for six major currency pairs, refreshed every few seconds
- Excellent / competitive / high ratings so you can benchmark Daman Markets at a glance
- Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Daman Markets
Spread data is indicative and for comparison purposes only
Social Presence
Digital community engagement
3 platform


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