Daman Markets, the forex and CFD trading arm of Daman
Securities LLC, has expanded its services to include contracts for difference on
stocks listed in the United Arab Emirates. The broker now offers access to
shares listed on the Dubai Financial Market and the Abu Dhabi Securities
Exchange.
The development follows Daman
Markets’ recent sponsorship agreement with the Dubai Racing Club, where it
joins as an Official Event Partner. The Dubai Racing Club is known for hosting
international events, including the Dubai World Cup.
AED Accounts Launched for Local Traders
The new CFD offering includes companies such as EMAAR,
ADNOC, Emirates NBD, and SALIK. It comes amid rising demand for trading
products tied to the local economy and capital markets.
“The launch is much more than the introduction of new
markets; it is about connecting traders to opportunities in their backyard,”
said Samer Mourched, CEO of Daman Markets, commented.
As part of this expansion, Daman Markets has introduced
AED-based trading accounts. These allow local traders to transact in their home
currency, avoiding conversion charges and simplifying payments.
You may find it interesting at FinanceMagnates.com: The
Regulatory Playbook: Dubai Did It First, But Cyprus Can Still Do It Best.
[PC]Daman Markets now offers access to DFM & ADX stocks, including Emaar, ADNOC, Salik & more – expanding trading options for UAE investors.📈 Disclaimer: Info only, not financial advice. Markets may change – always do your own research.https://t.co/lPdh6txx6L
— Khaleej Times (@khaleejtimes) July 21, 2025
UAE Listings Grow, CFD Access Expands
Investor interest in UAE capital markets has grown in recent
years, with both DFM and ADX recording more listings and greater participation.
Despite this, access to localized CFD options has remained limited. Daman
Markets seeks to address this gap.
The broker stated that its services comply with local
regulations and are supported by a team with regional market experience. Daman
Markets is operated by Daman Securities LLC, a firm licensed by the UAE
Securities and Commodities Authority and active in the country’s financial
sector for over 25 years.
This article was written by Tareq Sikder at www.financemagnates.com.
