BrokersView
Search
Download
English
Sign In

DAMAS GROUP

Save

Operating status: SCAM

Website: https://diamond-way.net/

Broker violations and abnormal records
  • 2022-08-24 BrokersView has Reviewed that DAMAS GROUP is an Unregulated Forex Broker

    DAMAS GROUP claims to be a trustable global broker and it was founded in 2010. But when we checked its domain, we found it was created in 2017. So how could it start its business in 2010? It is a red flag here.

    Besides, DAMAS GROUP presents no details of its regulations but only shows its company address in Canada. As per Canadian law, all forex brokers in Canada shall be regulated by the Investment Industry Regulatory Organization of Canada (IIROC). However, we did not find any match results to DAMAS GROUP in IIROC. That means DAMAS GROUP is not under valid regulation by any regulators. Investor's funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    DAMAS GROUP claims to be a trustable global broker and it was founded in 2010. But when we checked its domain, we found it was created in 2017. So how could it start its business in 2010? It is a red flag here.Besides, DAMAS GROUP presents no details of its regulations but only shows its company address in Canada. As per Canadian law, all forex brokers in Canada shall be regulated by the Investment Industry Regulatory Organization of Canada (IIROC). However, we did not find any match results to DAMAS GROUP in IIROC. That means DAMAS GROUP is not under valid regulation by any regulators. Investor's funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.