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
Founded	2025
Registered Country/Region	Marshall Islands
Regulation	No regulation
Market Instruments	Commodities, stocks, indices, forex, metals
Demo Account	✅
Leverage	Up to 1:500
Spread	From 0.7 pips
Trading Platform	MT5
Minimum Deposit	$1
Customer Support	Live chat
	24/7 customer support
	Social media: Facebook, Instagram, Youtube, Telegram
Regional Restrictions	Canada, 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.

Pros and Cons

Pros	Cons
Diverse trading products	No regulation
With demo account	Regional 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!

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	❌

Account Type

Here are four account types Damu offers:

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

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.