Daman Markets Launches UAE Stock Trading and Introduces AED-Based Accounts to Serve Local Traders

Daman Markets has launched trading on UAE-listed stocks and introduced AED-based accounts, allowing traders to transact in Emirati dirhams. The move positions Daman Markets as one of the few brokers based in the UAE to integrate domestic equities into a broader global CFD platform. The introduction of UAE equities comes at a time of heightened activity across domestic markets and closes a gap left open by international brokers.

Title: Daman Markets Expands Trading Services with UAE Stocks and AED-Based Accounts

Daman Markets, a leading forex and CFD trading service based in the UAE, has recently expanded its product range by launching access to UAE-listed stocks on the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX). This move positions Daman Markets as one of the few brokers to integrate domestic equities into a broader global CFD platform, allowing traders to transact directly in Emirati dirhams (AED).

The launch includes CFD trading on prominent Emirati companies such as EMAAR, ADNOC, Emirates NBD, and SALIK, among others. This addition aligns with the increasing trend and requirement for more local trading options that directly represent the expanding economy and capital markets of the UAE [1].

One of the key features of this expansion is the introduction of AED-based accounts. This innovation allows traders to interact with local markets in their local currency, eliminating the need for currency conversions and associated fees. This development is particularly significant as it addresses the growing demand for localized trading infrastructure [2].

Samer Mourched, CEO of Daman Markets, commented on the significance of the launch, stating, "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" [1].

The introduction of UAE equities comes at a time of heightened activity across domestic markets. Both DFM and ADX have witnessed record IPO activity and rising international participation, reflecting broader investor interest in the UAE’s economic growth. Until now, many traders in the region had limited access to competitive, localized trading on domestic companies [2].

By offering direct access in local currency, Daman Markets addresses a significant market gap that many international brokers have left open. Along with regulatory compliance through the UAE Securities and Commodities Authority, the company emphasizes local support and market familiarity as key differentiators. The firm's client service teams understand the nuances of regional capital markets and are equipped to assist traders with both local and global strategies [2].

Daman Markets, operated by Daman Securities LLC, has over 25 years of experience in the UAE financial sector. It offers CFDs in forex, equities, indices, commodities, and futures. The company’s recent moves to integrate domestic assets and local-currency accounts are part of a wider expansion focused on simplifying access for UAE-based traders [3].

The platform has built a reputation for its trading tools, education support, and fast execution. The latest expansion reflects a shift toward region-specific solutions in a market where participants increasingly demand clarity, accessibility, and full integration with their financial surroundings [2].

References

[1] https://gulfnews.com/business/corporate-news/daman-markets-launches-uae-stock-trading-also-adds-aed-based-accounts-1.500204820
[2] https://financefeeds.com/daman-markets-opens-uae-stock-trading-adds-aed-based-accounts-to-serve-local-traders/
[3] https://fxnewsgroup.com/forex-news/retail-forex/daman-markets-adds-uae-listed-stock-cfds-dirham-based-accounts/