DAMAS GROUP
Abstract：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.
Read more
B2BROKER Launches PrimeXM XCore Support for Brokers
B2BROKER launches PrimeXM XCore support and maintenance services, enhancing trading efficiency for brokers with expert management and optimization.
Fortuno Markets Review: A Risky Choice for Traders?
Fortuno Markets, a relatively new broker registered in Saint Lucia, has been gaining attention in the forex and multi-asset trading world. However, its low WikiFX score of 2.01/10, raises some red flags for potential investors. In this review, we’ll explore why this broker has attracted scrutiny, its offerings, and why traders should exercise caution before making any decisions.
XTB Secures Chilean License, Expands Latin America Footprint
XTB gains a securities agent license in Chile, boosting its Latin America presence. The broker plans to offer stocks, ETFs, and derivatives to local investors.
eToro Adds ADX Stocks to Platform for Global Investors
eToro now offers stocks from the Abu Dhabi Securities Exchange, giving global investors access to leading UAE companies in sectors like energy, finance, and healthcare.
WikiFX Broker
Latest News
Germany's Election: Immigration, Economy & Political Tensions Take Centre Stage
WikiFXWikiFX Review: Is IVY Markets Reliable?
WikiFXWhy Do You Keep Blowing Accounts or Making Losses?
WikiFXeToro Adds ADX Stocks to Platform for Global Investors
WikiFXB2BROKER Launches PrimeXM XCore Support for Brokers
WikiFXCheckout FCA Warning List of 21 FEB 2025
WikiFXGoogle Bitcoin Integration: A Game-Changer or Risky Move?
WikiFXIG 2025 Most Comprehensive Review
WikiFXWhy Should Women Join FX Market?
WikiFXED Exposed US Warned Crypto Scam ”Bit Connect”
WikiFXRate Calc
