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Damu -

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Damu

Item: Damu
Rating: 1.20

Marshall Islands | 1-2 years |

Suspicious Regulatory License | High potential risk

https://damu.bid/

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Open Account Time Machine

Rating Index

Influence

Influence index NO.1

Egypt 6.47

Surpassed 12.00% brokers

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Contact

https://damu.bid/

The Trust Company of the Marshall Islands Inc. Trust Company Complex Ajeltake Road, Ajeltake Island Majuro, Marshall Islands MH96960

https://www.facebook.com/profile.php?id=61560961500655&mibextid=LQQJ4d

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!

2025-07-09

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic Information

Registered Region

Marshall Islands

Operating Period

1-2 years

Company Name

Damu LTD

Company Website

https://damu.bid

Company address

The Trust Company of the Marshall Islands Inc. Trust Company Complex Ajeltake Road, Ajeltake Island Majuro, Marshall Islands MH96960

Facebook

https://www.facebook.com/profile.php?id=61560961500655&mibextid=LQQJ4d

Account

Biz Area

Website

Genealogy

Relevant Enterprises

Employees

Company Summary

Comment

Account

Updated： 2025-07-09

Environment

Currency

Maximum Leverage

1:500

SupportedEA

Minimum Deposit

$100

Minimum Spread

Depositing Method

Withdrawal Method

Minimum Position

0.01

Commission

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Details

Official website

Website

damu.bid

92.205.171.77

damu.co

92.205.171.77

Genealogy

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Relevant Enterprises

DAMU LTD(United Kingdom)

Active

United Kingdom

Registration No. 13633235

Established 2024-02-13

Related sources Website Announcement

Employees

RYAN SMITH

United Kingdom

Director

Start date

2021-09-21

Status

Employed

DAMU LTD(United Kingdom)

Company Summary

Damu Review Summary
Founded	2025
Registered Country/Region	Marshall Islands
Regulation	No regulation
Market Instruments	Metals, forex, indices, stocks, commodities
Demo Account	✅
Islamic Account	✅
Leverage	Up to 1:500
Spread	From 0.7 pips (Standard account)
Trading Platform	MT5
Minimum Deposit	$1
Customer Support	24/7 support, live chat
	Address: The Trust Company of the Marshall Islands Inc. Trust Company Complex Ajeltake Road, Ajeltake Island Majuro, Marshall Islands MH96960 Hoza 86/410, Warsaw, Poland
	Facebook, Instagram, YouTube

Damu Information

Damu is an unregulated broker, offering trading on metals, forex, indices, stocks, ccommodities with leverage up to 1:500 and spread from 0 pips on the MT5 trading platform. The minimum deposit requirement is $1.

Pros and Cons

Pros	Cons
Islamic accounts	No regulation
Demo account
MT5 platform
No deposit and withdrawal fees
Live chat support

Is Damu Legit?

Damu claims to provide negative balance protection, however, itcurrently has no valid regulations. Please be aware of the risk!

What Can I Trade on Damu?

Damu offers trading on metals, forex, indices, stocks, ccommodities.

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

Account Type

Damu offers four types of accounts: Standard account, Fit account, Crypto account and Stock account. Besides, Islamic accounts and demo accounts are also available.

Account Type	Minimum Deposit
Standard	$1
Fit	$2,000
Crypto	$100
Stock	$100

Leverage

Account Type	Leverage
Standard	1:500
Fit	1:200
Crypto	1:500
Stock	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

Account Type	Spread	Commission
Standard	From 0.7 pips	$0
Fit	From 0 pips	$7
Crypto	From 1 pip	$0
Stock	From 1 pip	$0

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Desktop, mobile, web trader	Experienced traders
MT4	❌	/	Beginners

Deposit and Withdrawal

Damu accepts payments via Visa, MasterCard, cryptos and Perfect Money. Minimum withdrawal amount is $50 and Damu does not charge any commissions or fees for deposits and withdrawals.

Keywords

1-2 years
Suspicious Regulatory License
High potential risk

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