A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 68 | 35% |
| Company age | 22 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 78 | 12% |
| Offshore registration | 45 | 8% |
| Transparency (site/info/social) | 25 | 10% |
Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.
| Regulator | License type | License No. | Region | Status |
|---|---|---|---|---|
| CMA | Forex Trading License (EP) | 604020 | United Arab Emirates | — |
Across 5 recent Trustpilot reviews, 80% are 1–2 star. The single most common complaint is being unable to withdraw funds (5 reports) — the classic warning sign in forex.
0Daman Securities is a forex and CFD broker based in United Arab Emirates, with records dating to 2019-11-29. It reports oversight from CMA.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
Overview compiled by FXCanary from regulatory records and public data. full Daman Securities review