Daman Markets launches UAE stock trading, also adds AED-based accounts

Daman Markets, the premium forex and CFD trading service offered by Daman Securities, has expanded its product range by launching access to UAE shares listed on the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX). With this launch, Daman Markets is positioned as one of the few brokers that offers a total global trading experience designed specifically for traders in their region in the UAE.

Traders can now trade CFDs on several prestigious Emirati companies, including EMAAR, ADNOC, Emirates NBD, and SALIK, among others. This addition displays the increasing trend and requirement for more local trading options that directly represent the expanding economy and capital markets of the UAE.

With the complementary expansion to human experiences, the firm began to offer AED-based accounts, allowing traders to interact with local markets in their local currency. This means hassle-free payments, no conversion charges, and easy trading for anyone desirous of entering into transactions in their home currency.

"The launch is much more than the introduction of new markets; it is about connecting traders to opportunities in their backyard. Being a globally trusted broker based in the UAE, we are proud to provide traders with access to local markets in their local currency, supported by teams who have their roots deep in this region. It would only make us thrilled to enable traders to do intelligent, convenient, and confident trading—the confidence they really deserve," said Samer Mourched, CEO of Daman Markets.

Now that participants can trade in the UAE stock market, the move is a fantastic opportunity for the UAE capital markets that are now attracting increased global attention. There have been record IPO counts and increased investor participation, so the Dubai Financial Market and the Abu Dhabi Securities Exchange are now potential major contributors to the growth of the regional economy. Although the trading options are available to traders in the region, these options have not allowed traders competitive and localized trading.

Daman Markets is addressing a significant market gap by offering a trading solution that aligns with regional expectations. By offering AED-based accounts compliant with all local trading regulations and ensuring there is a support team with in-depth knowledge of the UAE market (a level of regional expertise that many brokers can never achieve), Daman Markets offers a holistic trading experience.

Recognized for its focus on reliable tools, educational offerings, and speed of service, Daman Markets continues to advance and grow based on client needs. The recent introduction of UAE stocks to the platform represents the latest in a series of developments designed to help traders leverage the momentum of the region with clarity, confidence, and competence.

Daman Markets dedicates itself to providing value to the region's developing trading community. Daman Securities LLC, an established financial institution in the UAE with over 25 years of experience, is licensed and regulated by the UAE Securities and Commodities Authority. Daman Markets is demonstrating its commitment to traders in this region and serving as a growth partner.

Daman Markets is the name of the forex and CFD trading services provided by Daman Securities LLC, an established UAE financial institution for over 25 years and licensed by the UAE’s Securities and Commodities Authority. Daman Markets Offers CFDs in forex, stocks, indices, commodities, and futures. Daman Markets dedicates itself to empowering the trading community in the region by offering exceptional value, tools, and support.

For more information, visitwww.damanmarkets.com