Damac Trade (Clone) - Central Bank of Ireland Issues Warning on Unauthorised Firm

14 April 2026 Warning Notice

Warning

WarningUnauthorised Investment Firm / Investment Business Firm
Unauthorised Firm NameDamac Trade (Clone)
Websitehttps://damac-trade.com/   
Email address used[email protected] 
Authorisation in IrelandDamac Trade is not authorised to operate as an investment firm or investment firm business in Ireland.
Additional Information

Damac Trade has used the Central Bank of Ireland Authorisation Number of a legitimate firm of a different name, in order to deceive consumers.

There is no connection between the legitimate Central Bank authorised firm and this fraudulent entity. 

Notes:

  1. Any person wishing to contact the Central Bank with information regarding such firms / persons may telephone (01) 224 5800 or report an unauthorised firm directly to the Central Bank.
  2. For more information on how to protect yourself from financial scams, please visit www.centralbank.ie/financialscams
  3. The name of the above firm is published under section 53 of the Central Bank (Supervision and Enforcement) Act 2013.