DAMAN MARKETS forex broker Review | WeConnectFX

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DAMAN MARKETS

var

Clients

var

Assets

250 USD

Min Deposit

var

Avg Spread

DAMAN MARKETS

4.2/10

Since 1998

Country

United Arab Emirates

Contact Info

phone

+97144080401

Environment

Environment

D

High Risk

WeConnectFX Trade Rating Guide

At WeConnectFX, we are committed to transparency. Below is an overview of our proprietary trade rating system, which assesses brokers based on platform reliability, user trust, financial transparency, and operational history to ensure your peace of mind.

Rating	Label	Meaning
AAA	Elite	Exceptional transparency and trust with long-term consistency.
AA	Excellent	Highly reliable with minor improvement areas.
A	Strong	Performs well overall but may lack deep market credibility.
B	Average	Meets basic expectations, moderate user concerns.
C	Weak	Lacks consistent performance or transparency.
D	High Risk	Significant red flags or repeated user complaints.

Our WeConnectFX rating model uses broker performance signals, licensing history, global presence, and client feedback. It's designed to assist our users in evaluating the safety and service quality of trading platforms effectively.

social media icon

Social Media

https://www.instagram.com/damanmarkets/

https://www.facebook.com/Damanmarkets

https://www.linkedin.com/company/daman-markets/

DAMAN MARKETS

Licenses

1 licenses

WeConnectFX

NO:100870

CMA

UAE CMA

Regulatory Status

Authorised

Regulatory Jurisdiction

United Arab Emirates

Licensed Entity

-

Brands

-

Phone

-

License No

-

Effective Date:

-

Attached Documents:

-

Sharing Status:

Exclusive

Authenticate image

Regulated image

Country Availability

1 location

Country

Rating

Authorization

Status

United Arab Emirates

4.2/10

Authorized

active

About DAMAN MARKETS

Company Overview & Analysis

No detailed analysis available for this broker.

Headquarters

United Arab Emirates

Registration 0

Business Model N/A

Risk Assessment

Status

Risk Overrun No

High Risk No

Client Feedback

Total Reviews 2

Performance

Influence Score N/A

Contribution N/A

Account Types

Choose the best fit for your trading style

Islamic

High Leverage

Overall Rating

4.2

Average

Accounts Variant

Account Specification

Min Deposit

Leverage

Min Position

Stop Out

EA Support

Hedging

Scalping

Protection

Islamic

Trading Conditions

Commission

Platforms

Instruments

Reviews

Please sign in or register to share your experience

A

Anonymous User

4 hours ago

what is really happening I have been trying to contact support the are also not responding

A

Anonymous User

4 hours ago

My mt4-account stopps and since then I haven´t access to my account.

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