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Damu

WikiFX | 2025-07-28 12:19

Abstract:Damu is an unregulated broker, offering trading on commodities, stocks, indices, forex and metals with leverage up to 1:500 and spread from 0.7 pips on MT5 trading platform. The minimum deposit requirement is $1.

DamuReview Summary
Founded2025
Registered Country/RegionMarshall Islands
RegulationNo regulation
Market InstrumentsCommodities, stocks, indices, forex, metals
Demo Account✅
LeverageUp to 1:500
SpreadFrom 0.7 pips
Trading PlatformMT5
Minimum Deposit$1
Customer SupportLive chat
24/7 customer support
Social media: Facebook, Instagram, Youtube, Telegram
Regional RestrictionsCanada, USA, North Korea and Turkey clients are not allowed

Damu Information

Damu is an unregulated broker, offering trading on commodities, stocks, indices, forex and metals with leverage up to 1:500 and spread from 0.7 pips on MT5 trading platform. The minimum deposit requirement is $1.

Damu Information

Pros and Cons

Pros Cons
Diverse trading productsNo regulation
With demo accountRegional restriction
Four account types
MT5 platform supported
Low minimum deposit of $1

Is Damu Legit?

No. Damu currently has no valid regulations. Please be aware of the risk!

license
domain

What Can I Trade on Damu?

Damu offers trading on commodities, stocks, indices, forex and metals.

Tradable Instruments Supported
Commodities✔
Stocks✔
Indices ✔
Forex✔
Metals ✔
Cryptos❌
ETFs❌
Bonds❌
assets

Account Type

Here are four account types Damu offers:

Account TypeMinimum Deposit
Standrad $1
Fit$2000
Crypto $100
Stock $100
Account Type
Account Type

Leverage

Damu offers maximum leverage at 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.

Damu Fees

Damu requires no commission for Standard Accounts, and the spread is from 0.7 pips.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔PC, web, mobileExperienced traders
MT4❌/Beginners
Trading Platform

Deposit and Withdrawal

Damu accepts payments via VISA, Mastercard, crypto and Perfect money. The minimum withdrawal amount is $50.

Deposit and Withdrawal

Related broker

No Regulation
Damu
Company name:Damu LTD
Score
1.30
Website:https://damu.bid/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.30

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