Daman Markets launches UAE stock CFDs on DFM & ADX with Dirham accounts, offering localized trading for GCC investors.
Daman Markets launches UAE stock CFDs on DFM & ADX with Dirham accounts, offering localized trading for GCC investors.
Daman Markets launches UAE stock CFDs on DFM & ADX with Dirham accounts, offering localized trading for GCC investors.
Daman Markets has announced a significant expansion to its platform, offering traders access to UAE-listed stocks on the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX). This move positions Daman Markets among a select group of brokers providing localized access to major Emirati companies such as Emaar, ADNOC, Emirates NBD, and Salik.
The launch represents a major stride in bridging global trading capabilities with regional specificity, enabling traders across the UAE and wider GCC to engage with high-performing local equities through Contracts for Difference (CFDs). By doing so, Daman Markets empowers clients to diversify their portfolios while tapping into the UAE’s rapidly expanding capital markets.
A standout feature of the new offering is the introduction of Dirham-based accounts, allowing clients to trade UAE stocks without incurring currency conversion fees. Furthermore, this initiative simplifies the trading process for regional investors and removes the friction of dealing with foreign exchange complexities.
“This launch is about more than simply starting in new markets; it’s about opening our doors for traders to opportunities in their background,” said Samer Mourched, CEO of Daman Markets. “As a global broker with roots in the UAE, our goal is to provide traders with access to local markets in their currency, backed by teams deeply immersed in the region. We want to empower traders to trade smarter, closer to home, and with the confidence they deserve.”
Daman Markets’ UAE stock trading launch coincides with a dynamic period of growth in the country’s capital markets. The DFM and ADX have recently seen record-breaking IPOs, increased investor participation, and rising international interest. Yet despite this momentum, access for retail traders has remained limited until now.
With the addition of UAE-listed equities, Daman Markets aims to close that gap, delivering a localized, regulation-aligned platform tailored specifically to the needs of GCC-based investors.
Born out of a strategic spin-off from UAE-based Daman Securities, itself a subsidiary of Daman Investments and part of the Gargash Group, Daman Markets entered the scene in 2023 with a mission to bring regional traders into the global fold without losing sight of local market dynamics. Its leadership under Samer Mourched, a former executive at Advanced Markets, underscores its commitment to both regional integrity and global best practices.
The company’s platform, built on the widely adopted MetaTrader 5 (MT5) system, delivers a trading experience combining compliance with UAE regulations, Arabic-language support, and market-savvy teams familiar with the UAE’s financial ecosystem.
As UAE markets continue to gain prominence on the global stage, Daman Markets is poised to become a critical gateway for traders across the GCC. With its focus on localization, regulatory alignment, and accessibility, the company offers a compelling solution for investors eager to tap into the region’s economic potential on their terms, in their currency, and with unmatched local insight.
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