Daman Markets Unveils Dirham-Based UAE Stock Trading

Daman Markets, the trading arm of Daman Securities, said Monday that it has launched access to UAE-listed stocks on the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX). 

FSRA grants DEX regulatory approval in the Abu Dhabi Global Market

The move allows regional traders to invest in major companies such as Emaar, ADNOC, Emirates NBD and Salik.

The new offering includes Contracts for Difference (CFDs) on top Emirati stocks, enabling portfolio diversification in line with the UAE’s rapidly growing capital markets. 

A standout feature of the launch is said to be the introduction of Dirham-based accounts, which eliminate foreign exchange conversion fees and simplify local trading for regional investors.

“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. “Our goal is to provide traders with access to local markets in their currency, backed by teams deeply immersed in the region.”

The rollout comes as the UAE’s capital markets enjoy heightened global attention, spurred by record IPOs and increasing local and international participation. 

While investor appetite has grown, access has remained relatively limited, particularly for retail traders seeking localised tools and support.

Daman Markets said it is aiming to fill that gap by combining global trading infrastructure with region-specific features and regulatory alignment.

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