How to Register with Daman Markets

Take the first step of your trading journey with confidence. Here's how to register, verify your identity, and complete all required steps to open your Daman Markets account with ease.

How to Register with Daman Markets

First, head to the Daman Markets website and select Start trading.   

Fill out the sign-up form with your full name, email address and phone number. Choose a password and enter your nationality and country of residence. Tick the boxes and click Continue.   

Once submitted, we’ll send an OTP code to your registered email address. Verify your email by adding the code and click Continue.   

Next, read through the disclosure. By ticking the box, you acknowledge that you understand the nature of the financial products on offer. 

Then complete the Identity Verification. For this step, you can stay on same device or switch to your mobile for a smoother process. To do this, select Continue on phone and scan the QR code on your mobile. Enter your residential address, and specify your PEP status, then click Continue. 

Fill out your employment and financial details. Then upload your Source of Wealth document. This could be a recent payslip, bank statement, or proof of business income. Then click Continue. Next, fill out the Classification Questionnaire outlining your experience in FX and CFDs and your financial background. Then click Continue. 

Fill out the Tax Information form. Select the account currency for your trading account. You can choose between USD and AED. Read and agree to the Client Declaration form. Then complete your document verification.

For your identity verification, enter the document type and the issuing country. You can upload either an ID card, residence permit, or passport. 

Take a clear picture of the front side. Then take a clear picture of the back. 

Next, verify your address by uploading either a bank statement, tenancy contract, or a recent utility bill. 

Congratulations! Your Daman Markets registration is now complete. Our team will review the application and once approved, you’ll be ready to start trading.