Home -
-
Main body -

WikiFX Express

XM
FXTM
IC Markets Global
LiquidBrokers
EC markets
FOREX.com
TMGM
HFM
Pepperstone
octa

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
1.28
Website:https://damu.bid/
1-2 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.28

WikiFX Express

XM
FXTM
IC Markets Global
LiquidBrokers
EC markets
FOREX.com
TMGM
HFM
Pepperstone
octa

WikiFX Broker

FXCM

FXCM

Regulated
GO Markets

GO Markets

Regulated
fpmarkets

fpmarkets

Regulated
EC markets

EC markets

Regulated
OANDA

OANDA

Domestic Regulation
EBC

EBC

Regulated
FXCM

FXCM

Regulated
GO Markets

GO Markets

Regulated
fpmarkets

fpmarkets

Regulated
EC markets

EC markets

Regulated
OANDA

OANDA

Domestic Regulation
EBC

EBC

Regulated

WikiFX Broker

FXCM

FXCM

Regulated
GO Markets

GO Markets

Regulated
fpmarkets

fpmarkets

Regulated
EC markets

EC markets

Regulated
OANDA

OANDA

Domestic Regulation
EBC

EBC

Regulated
FXCM

FXCM

Regulated
GO Markets

GO Markets

Regulated
fpmarkets

fpmarkets

Regulated
EC markets

EC markets

Regulated
OANDA

OANDA

Domestic Regulation
EBC

EBC

Regulated

Latest News

FINRA Fines Cetera $1.1 Million Over Compliance Lapses

WikiFX
2026-01-19 18:18

FINRA Fines Cetera $1.1 Million Over Compliance Lapses

WikiFX
2026-01-19 18:25

Upway (JRJR) Review: A Deep Dive into Safety and Regulation

WikiFX
2026-01-19 16:55

Coinbase Banks Push Advances Crypto Rules

WikiFX
2026-01-19 16:37

RM668K Gone Overnight: Factory Supervisor Trapped in Fake Investment Scam

WikiFX
2026-01-19 10:55

Dollar Softens as Fed Signals Shifts; Warsh Leads Nomination Race

WikiFX
2026-01-19 16:40

Safe-Haven Supercycle: Gold Hits $4,690 as Silver Squeeze Intensifies

WikiFX
2026-01-19 16:35

Trans-Atlantic Rupture: Markets Brace for Trade War as Trump Issues Greenland Ultimatum

WikiFX
2026-01-19 16:30

China Delivers 5% Growth Target, Yet December Data Reveals Deepening Consumption and Property Cracks

WikiFX
2026-01-19 13:20

Italy’s Consob Blocks Five Unauthorized Investment Websites in New Enforcement Action

WikiFX
2026-01-19 14:20

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

365fxassets

365fxassets

Faxton

Faxton

Forexware

Forexware

1000EXTRA

1000EXTRA

WorldFirst

WorldFirst

Fake AGM

Fake AGM

Taijin

Taijin

ISIG

ISIG

ANTFX

ANTFX

Capital Sands

Capital Sands