Score
Marshall Islands
|
1-2 years
| https://damu.bid/
Website
Rating Index
Influence
D
Influence index NO.1
Egypt 2.46
LicensesNo valid regulatory information, please be aware of the risk!
Marshall Islands
damu.bid
damu.co
VIP is not activated.
| DamuReview Summary | |
| Founded | 2025 |
| Registered Country/Region | Marshall Islands |
| Regulation | No regulation |
| Market Instruments | Commodities, stocks, indices, forex, metals |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0.7 pips |
| Trading Platform | MT5 |
| Minimum Deposit | $1 |
| Customer Support | Live chat |
| 24/7 customer support | |
| Social media: Facebook, Instagram, Youtube, Telegram | |
| Regional Restrictions | Canada, USA, North Korea and Turkey clients are not allowed |
Damu is an unregulated broker, offering trading on commodities, stocks, indices, forex and metals with leverage up to 1:500 and spread from 0.7 pips on MT5 trading platform. The minimum deposit requirement is $1.
| Pros | Cons |
| Diverse trading products | No regulation |
| With demo account | Regional restriction |
| Four account types | |
| MT5 platform supported | |
| Low minimum deposit of $1 |
No. Damu currently has no valid regulations. Please be aware of the risk!
Damu offers trading on commodities, stocks, indices, forex and metals.
| Tradable Instruments | Supported |
| Commodities | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Forex | ✔ |
| Metals | ✔ |
| Cryptos | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
Here are four account types Damu offers:
| Account Type | Minimum Deposit |
| Standrad | $1 |
| Fit | $2000 |
| Crypto | $100 |
| Stock | $100 |
Damu offers maximum leverage at 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.
Damu requires no commission for Standard Accounts, and the spread is from 0.7 pips.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, web, mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Damu accepts payments via VISA, Mastercard, crypto and Perfect money. The minimum withdrawal amount is $50.
Damu offers Standard, Fit, Crypto, and Stock accounts. It also provides Islamic and demo accounts.
The minimum deposit for Damu is just $1 for the Standard account. Other account types require higher deposits.
The Standard account has spreads from 0.7 pips with no commission, Fit account has spreads from 0 pips and a $7 commission, Crypto account has spreads from 1 pip with no commission, and Stock account has spreads from 0 pips with no commission.
Damu does not charge any fees for deposits or withdrawals. However, there is a minimum withdrawal amount of $50.
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