Daman Securities Review — Overview
Daman Securities is a forex & CFD broker based in Australia, established in 2014. On Trust Broker Hub it holds a Trust Score of 4.4 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
We could not verify any regulatory licence for Daman Securities. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.
Daman Securities provides access to Forex, commodities, CFDs, indices. Published conditions include leverage up to 1:500. No complaints are currently on record. Overall, Daman Securities has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
Daman Securities currently scores 4.4/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- No verified regulatory licence on record
- Always verify the licence directly before depositing
Regulation
No regulatory licence on record for Daman Securities. Treat with caution and verify before depositing.
Trading conditions
| Instruments | Forex, commodities, CFDs, indices, metals, cryptos, stocks |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:500 |
| Typical spread | From 1.2 pips (DM classic account) |
| Platforms | mobile trading, Daman Pro trading, MT5 |
| Demo account | ❌ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Daman Securities
A mixed risk profile
Daman Securities does not hold a verified regulatory licence on record. Based in Australia, it has been operating for about 12 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 4.4/10 — a mixed profile.
- Long 12-year operating track record
- No complaints on record with us
- Supports mobile trading & Daman Pro trading trading
- No verified regulatory licence on record — funds may lack protection
- Very high leverage available (1:500) — amplifies risk
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
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