UAE based financial services company Daman Securities, a wholly owned subsidiary of Daman Investments, has announced that it is now able to offer over-the-counter margined derivative contracts including Contracts for Difference (CFDs) and spot foreign exchange (Forex) trading, under the brand name Daman Markets.

The new brand, Daman Markets, will focus on serving the growing CFD and forex trading community in the Middle East region.

To facilitate its new offering, Daman Securities is partnering with US based Advanced Markets, a prime-of-prime broker offering high quality specialized services to traders around the globe. The collaboration with Advanced Markets will enable the Dubai-based firm to leverage the broker’s cutting-edge technology and platforms, comprehensive product suite, and high-end services, thus reaffirming its commitment to delivering exceptional value to its clientele.

Samer Mourched, CEO Advanced Markets – Bermuda & Emerging Markets, commented:

“We are delighted to partner up with Daman Securities. Our robust platform, expert staff, and comprehensive range of products, combined with deep market understanding, create a synergistic partnership. This collaboration aligns perfectly with our mutual goal of empowering traders and investors globally.”

Ahmed Khizer Khan, CEO Daman Investments said:

“This partnership comes after Daman Securities diligent efforts to continuously enhance its offerings and provide its clients with the most advanced solutions in the ever-evolving financial landscape. By joining forces with the globally recognized forex broker, Daman Securities aims to provide an even more comprehensive and seamless trading experience”.

Ahmed Waheed, General Manager, Daman Securities, added:

“This strategic partnership aligns with our vision and strategy to provide our clients with multiple trading options, diversified instruments, expert insights and enhanced digital tools. By utilizing Advanced Markets’ resources, combined with our local knowledge and expertise, I am confident that our new entity (Daman Markets) will be a strong player in the market.

Under this partnership, Daman Securities will adopt the broker’s sophisticated trading platform, the popular MetaTrader 5, renowned for its user-friendly interface and advanced trading tools. Traders will be able to enjoy access to a wide range of financial instruments, including major and exotic currency pairs, commodities, indices, metals and more, all through a unified and streamlined platform.

Any trader can create an account on the user-friendly platform by simply signing up, and by following some simple steps they can start trading in a matter of minutes.”

About Daman Securities

Al Damman Securities LLC is regulated by the Securities and Commodities Authority of the UAE, as a Trading Broker for Over-the-Counter Derivatives Contracts and Foreign Exchange Spot Markets, under license number 20200000043 , having its principal place of business at World Trade Centre, 6th floor, Dubai, United Arab Emirates. From its early beginnings in 1998, Daman Securities has grown rapidly into a leading brokerage firm widely recognized as an authority in its core markets.