Derayah Financial, one of Saudi Arabia’s largest independent brokerage platforms, has announced the elimination of all trading commissions for the Saudi stock market. This strategic move aims to significantly lower the barrier to entry for individual investors across the Kingdom and follows the company’s successful launch of commission-free trading for the U.S. market earlier in 2024.
Democratizing Access to Saudi Markets
The decision to offer zero-commission trading aligns with a global evolution in the business models of brokerage firms, driven by increased competition and a push to broaden the retail investor base. By removing transaction fees, Derayah is positioning itself at the forefront of this trend within the region, making it more accessible and affordable for individuals to participate in the local market.
According to Derayah’s leadership, this initiative is a core part of its commitment to expanding investment opportunities for everyone. The move is expected to attract a new wave of investors and stimulate greater participation in one of the region’s most active stock exchanges.
A Digital-First Investment Platform
While the zero-commission model is a significant milestone, it represents just one component of Derayah’s broader strategy. The firm, which has amassed over 600,000 investment accounts with assets exceeding SAR 55 billion, is focused on delivering a fully integrated digital experience.
Derayah aims to strengthen its leadership in digital brokerage by providing a seamless platform that simplifies the investment journey. Beyond trading, the company offers a suite of advanced services for both individual and professional investors, including smart analytical tools, financing solutions, diverse investment funds, and digital advisory services.
About Derayah Financial
Founded in 2007, Derayah Financial is an independent investment platform dedicated to simplifying investing and making wealth creation accessible. It leverages technology-driven solutions to provide seamless access to local, regional, and global financial markets. The company offers a fully digital brokerage platform alongside comprehensive asset and wealth management services.
Source: Waya
