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DAMAS GROUP

WikiFX | 2026-04-20 23:26

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
Founded2024
Registered Country/RegionCanada
RegulationNo regulation
Market InstrumentsStocks, futures, currencies, metals, CFDs, etc.
Demo Account/
LeverageUp to 1:400
Spread/
Trading PlatformMT5
Min Deposit$10
Customer SupportTel: +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

ProsCons
Various tradable assetsInaccessible website
MT5 supportNo regulation
Low minimum depositLack of transparency
Popular payment options

Is DAMAS GROUP Legit?

No, DAMAS GROUP has no valid regulations. Please be aware of the risk!

No license
Domain information

What Can I Trade on DAMAS GROUP?

Tradable Instruments Supported
Stocks✔
Futures✔
Currencies✔
Metals✔
CFDs✔
Indices❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

What Can I Trade on DAMAS GROUP?

Leverage

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 PlatformSupported Available Devices Suitable for
MT5✔Desktop, iphone, Android, WebExperienced traders
MT4❌/Beginners
MT5

Deposit and Withdrawal

DAMAS GROUP has many payment ways, such as Visa, MasterCard, Skrill, Neteller, Fasapay, Bitcoin, UnionPay and ecoPayztocks.

BrokerDealer

Related broker

Not Regulated
DAMAS GROUP
Company name:DAMAS GROUP
Score
1.57
Website:http://www.diamond-way.net/
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.57

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