fbpx

Derayah Financial Goes Commission-Free in the Saudi Stock Market

Derayah Financial Goes Commission-Free in the Saudi Stock Market
Image Source: Derayah Financial Website
  • Derayah Financial eliminates trading commissions in Saudi Arabia, following a 2024 U.S. launch, aiming to expand individual investor participation.
  • The zero-commission model complements Derayah’s fully digital platform, offering integrated tools, advisory, and services for both individual and professional investors.
  • Founded in 2007, Derayah focuses on technology-driven solutions, simplifying investing and providing seamless access to local, regional, and global markets.

Derayah Financial

Derayah Financial, one of the largest independent brokerage platforms in Saudi Arabia, announced the removal of trading commissions in the Saudi stock market. This is after  after previously launching it in the U.S. market in 2024.

The decision comes at a time when business models of brokerage firms are rapidly evolving globally, aiming to expand the individual investor base amid increasing competition in the digital investment sector. Offering commission-free trading is a growing trend among electronic brokerage platforms, particularly in advanced markets.

The CEO of Derayah Financial indicated that providing commission-free trading in both the Saudi and U.S. markets is part of their commitment to broaden investment opportunities and reduce entry costs.

Investment

For Derayah Financial, the zero commission model is just the first step. The company, which says it has surpassed 600,000 investment accounts with assets exceeding SAR 55 billion. Furthermore, it aims to provide a fully integrated digital experience, strengthen its presence in digital brokerage, and simplify investment for individuals. It also aims to expand advanced services for professional investors, including smart tools, financing solutions, funds, and digital advisory. 

Founded in 2007, Derayah Financial is an independent investment platform. It focuses on seamless access to financial markets through technology-driven solutions. Furthermore, it provides a fully digital brokerage platform alongside asset and wealth management services. It aims to simplify investing and make wealth creation accessible to a broad range of investors.

If you see something out of place or would like to contribute to this story, check out our Ethics and Policy section.