Daman Markets holds a UAE licence from CMA. The table below shows the licensed entity, licence number and scope as listed in the official register, the date we last checked it, and a direct link so you can verify it yourself. Being listed here is not a recommendation to trade with this broker.
| Licence | Entity | # | Licensed activities | Official register |
|---|---|---|---|---|
| CMA | DAMAN MARKETS FINANCIAL SERVICES L.L.C | CP-0001473 |
| CMA ↗ |
Daman Markets is listed on Invvex because one UAE-regulated entity carries its name: DAMAN MARKETS FINANCIAL SERVICES L.L.C (CMA reference CP-0001473). The CMA is the federal regulator for financial activities in the UAE outside the financial free zones. Every entry below was matched against the regulator's public register, with the date we last checked it, and the account facts come from Daman Markets's own published pages. Invvex is not a broker and does not take client money.
The UAE Capital Market Authority (CMA, formerly the SCA) register lists DAMAN MARKETS FINANCIAL SERVICES L.L.C under reference CP-0001473. Its licensed activity is: Dealing – OTC derivatives & spot FX (Cat 1). This licence includes a dealing activity. Register wording: “Trading broker of OTC derivatives and currencies in the spot market”. Last checked on the register: . CMA ↗
These figures are what Daman Markets publishes for the named account type, with the date we read them. Conditions change, so confirm them on the linked page before you rely on them.
Before opening an account, compare the company name on your Daman Markets client agreement with DAMAN MARKETS FINANCIAL SERVICES L.L.C and look up CP-0001473 on the CMA register linked in the table above. Also check the regulator warnings page for clone firms using a similar name. CFDs and forex are leveraged products and you can lose more than you expect; being listed on Invvex is not a recommendation to trade with Daman Markets.
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