by Daman Securities LLC

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by Daman Securities LLC

forex

What is Forex Trading?

Forex trading, also known as FX trading, is the buying and selling of currencies in order to make a profit. The foreign exchange market is the largest and most traded financial market in the world, with a daily turnover of over $5 trillion.

Currencies are traded in pairs, with the first currency listed in a pair called the base currency, and the second currency called the quote currency.
The FX market is open 24 hours a day, five days a week, and is traded online with price quotes constantly changing. This is due to a variety of factors such as interest rates, market factors, and geopolitical risks that affect supply and demand for currencies. The constantly changing nature of the market means that traders must be up to date with the latest news and developments that may impact the currency markets.

Why trade Forex?

We offer Forex trading for a wide variety of currency pairs with exceptional trading conditions such as tight spreads and fast execution. We provide our clients with access to powerful trading platforms and professional tools to trade today’s markets benefiting from tomorrow’s pioneering technology. In addition, we offer risk management tools such as stop-loss and take-profit orders to help you manage your trades effectively.

Overall, foreign exchange trading offers ample opportunities for those who want to experience high volumes and liquidity. With our trading platform, you’ll have access to the world’s highest-traded Forex pairs, including majors such as EUR/USD, GBP/USD, and USD/JPY, as well as minors like CAD/JPY, NZD/USD, and AUD/NZD. You can even venture into the exotic world of Forex by trading currency pairs like CHF/SGD and EUR/NOK.
List of Specifications

How to get Started

Getting started is as simple as 1-2-3! And the onboarding process is so smooth you won’t have to worry about a thing.

Start trading

OPEN AN ACCOUNT​

Register using your full name, email and password.

ADD FUNDS

Fund your account using any of the multiple methods.​

START TRADING

Use the desktop or mobile platform to launch your trades.​

For any questions or feedback, get in touch with us

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LEGAL

Daman Securities LLC is a limited liability company registered in the United Arab Emirates under Commercial Registration Number 2112974 and is licensed and regulated by the Emirates Securities and Commodities Authority (“the Authority”) to engage in Over-the-Counter Derivatives Contracts and Foreign Exchange Spot Markets, operates under license number 20200000043. Our principal place of business is located at the World Trade Centre, 14th floor, Dubai, United Arab Emirates.

Daman Markets is the designated name for Forex and CFD’s trading services provided by Daman Securities LLC. The domain damanmarkets.com is owned by Daman Securities LLC, and it serves as the primary platform through which we offer our services. It’s noteworthy that the Forex and CFD products of Daman Securities LLC are available through the website damanmarkets.com, ensuring a seamless and integrated experience for our clients.

RISK WARNING: Forex and CFDs are complex instruments. They come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to incur losses and have the appropriate risk appetite.

Notwithstanding any translated version of this page that may be provided, the English language version and all referenced specifications are the official version that bind the Company and the client. In the event of any conflict or discrepancy between any translated version of the Company’s agreement and web page and the English language version, the English language version prevails.

NOTE: The products and services offered by Daman Markets (Daman Securities LLC) are not intended for residents of Afghanistan, Central African Republic, Congo, Eritrea, Guinea-Bissau, Iran, Iraq, Libya, Mali, Myanmar, North Korea (DPRK), Somalia, South Sudan, Sudan, Syria, Yemen, or to any person in any country or jurisdiction where the offer of such products and services would be contrary to local law ore regulation. This list is not exhaustive and subject to change.  Please contact us directly for more information

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This website you are entering is the genuine Daman Markets website by Daman Securities LLC (“Daman”). (https://damanmarkets.com/)

It has come to the attention of Daman that a fraudulent website (www.damanmarket.com) is unlawfully using Daman name, brand, and logo. They trick investors into believing they are dealing with Daman and to fraudulently obtain personal financial details and extract money from those people who are deceived into using it.

The fraudulent website is not connected in any way with Daman.

Daman will never ask for your personal information such as contact details, bank account number, and or credit card details by email, text or WhatsApp message, or other electronic means.

Daman will not be liable for any losses paid, suffered, or incurred by anyone as a result of being victimized by the fraudulent company. If you fall victim of the fraudulent company, please report the incident to your local police.