DAMAS GROUP Spreads, leverage, minimum deposit Revealed
WikiFX | 2026-04-20 23:26Abstract：Founded in 2024, DAMAS GROUP is an unregulated broker based in Canada, offering trading in stocks, futures, currencies, metals, and CFDs with leverage up to 1:400 and the minimum deposit is just $10.
Note: The official website - https://www.diamond-way.net/ is inaccessible, so the relevant information is incomplete. We will do our best to collect some information about it.
| DAMAS GROUPReview Summary | |
| Founded | 2024 |
| Registered Country/Region | Canada |
| Regulation | No regulation |
| Market Instruments | Stocks, futures, currencies, metals, CFDs, etc. |
| Demo Account | / |
| Leverage | Up to 1:400 |
| Spread | / |
| Trading Platform | MT5 |
| Min Deposit | $10 |
| Customer Support | Tel: +1 604.484.2826 |
| Email: info@diamond-way.net | |
| Company address: 555 Burrard Street Suite 15-105, Vancouver, BC, Canada V7X 1M8 | |
Founded in 2024, DAMAS GROUP is an unregulated broker based in Canada, offering trading in stocks, futures, currencies, metals, and CFDs with leverage up to 1:400 and the minimum deposit is just $10.
Pros and Cons
| Pros | Cons |
| Various tradable assets | Inaccessible website |
| MT5 support | No regulation |
| Low minimum deposit | Lack of transparency |
| Popular payment options |
Is DAMAS GROUP Legit?
No, DAMAS GROUP has no valid regulations. Please be aware of the risk!
What Can I Trade on DAMAS GROUP?
| Tradable Instruments | Supported |
| Stocks | ✔ |
| Futures | ✔ |
| Currencies | ✔ |
| Metals | ✔ |
| CFDs | ✔ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
DAMAS GROUP's leverage is up to 1:400. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, iphone, Android, Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
DAMAS GROUP has many payment ways, such as Visa, MasterCard, Skrill, Neteller, Fasapay, Bitcoin, UnionPay and ecoPayztocks.
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