One of the leading online forex and CFD brokerages in the Middle East, and a brand of Daman Securities, Daman Markets, have taken the UAE by storm by offering stock trading in the country on its trading platforms. This game-changing update gives you access to some of the most popular local companies on the Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX), plus big names including Emaar, ADNOC, Emirates NBD and Salik.
This strategic launch allows UAE-based and GCC investors an excellent opportunity to trade in their own currency – Dirham – without incurring conversion fees. The offering has already put Daman Markets in the top handful of brokers that offer seamless global trading with localised functionality.
How Dirham-Basead Accounts Are Facilitating Trading in UAE Stocks
An exciting feature of this launch is that Dirham-based accounts can be opened for trading, providing traders direct access to local markets without affecting conversion costs. This is important, especially for regional investors who do not want to mess with exchange rate fluctuations and transaction costs. 
“No one is better positioned to offer regionally relevant trading tools than their own local exchange; this isn’t just about widening access to new markets—it’s about building faster, locally based solutions for traders from all walks of life,” added Samer Mourched, CEO of Daman Markets. The initiative follows a trend in the wider Abu Dhabi capital markets sector towards localising financial instruments while preserving international investment appeal.
With a growing demand of traders for a seamless and regionalised solution, the Dirham pricing provides Daman Markets with a competitive advantage over global competitors.
Explore Daman Markets’ full platform and features on their official website
Why Is Stock Trading UAE On The Rise?
The UAE capital market has witnessed record IPOs and higher institutional interest as well as increased participation by investors – both local and global – in the past few years. The ADX and DFM are emerging as the key vanguards of the region’s financial expansion, and are providing opportunities that were previously out of reach for most retail investors.
When you trade UAE equities, the most dynamic sectors of the region including real estate, banking, infrastructure, and more, you can also manage portfolios Daman Markets supports portfolio diversification, including exposure to the region’s most dynamic sectors—real estate, banking, infrastructure and beyond. Their CFD product offerings parallel those of some of the region’s largest bookrunners, catering to a well balanced demand of growth and stability.
Those who want to follow the broader trend of the UAE’s financial development would also benefit from checking out the initial public offering and stock market updates on Reuters and Gulf News.
Our local know-how with our global trading tools
What’s especially distinctive about Daman Markets is its localization-first strategy. Complying with the UAE rules and offering bilingual client support and tools for the region provides a personalized experience that the majority of global brokers cannot provide.
Aside for forex and CFD trading, which is offered by Daman Markets, they offer beginner materials, insights from trading, and the most friendly, tailored platform for both beginners ’and experienced traders. Their ongoing growth reflects the UAE’s ambition to be at the heart of financial innovation in the GCC.
Internal Resources
Interested in learning about the financial industry in Dubai? For more on this, see our blog Why UAE is on top of FinTech.
You can also go through the top trading strategies in our blog: Top 5 Trading Strategies for UAE Stocks
UAE Time News – Stay updated with the latest news on industrial and business trends in the UAE.
Final Thoughts
In this bold foray into UAE equities trading, Daman Markets has allowed traders to connect directly with the financial pulse of the region, unrestricted. With a trading option in Dirham, access to the largest local stocks & an unwavering focus on user experience, It’s a platform to keep an eye on for those looking to trade smarter, faster & closer to home.
Whether you’re an experienced trader or just trying to get started, this launch is a golden opportunity to step into the UAE market with the right tools and the right team.
