Top Saudi Stock Trading Platforms
In our analysis, these trading platforms stand out as the best options for trading local stocks, thanks to their low fees, strong platforms, and quality customer service.
الراجحي الماليةPlatform type: Local
Commission0.0155%
MinimumNot stated on their website
MaximumNot stated on their website
Settlement timeTwo days for withdrawal
Deposit feeTransfer fee to a local bank only
Deposit timeInstant
Withdrawal fee0 SAR
Withdrawal timeInstant to your Al Rajhi Bank account
Account opening timeInstant
PlatformApp
Visit websiteYou'll be redirected to Al Rajhi Capital's official website.
دراية الماليةPlatform type: Local
Commission0.0155%
Minimum0.01 SAR
MaximumNot stated on their website
Settlement timeTwo days for withdrawal
Deposit feeTransfer fee to a local bank only
Deposit timeInstant
Withdrawal fee$0
Withdrawal time20 minutes
Account opening timeLess than a day
PlatformApp and website
Visit websiteYou'll be redirected to Derayah Financial's official website.
Platform review details
Al Rajhi Capital
Al Rajhi Capital lets you trade in the Saudi stock market and is one of the largest brokers in the Kingdom.
Key differentiators:
- Advanced trading app.
- Portfolio performance analysis.
- Advanced order types.
Licensed by the Saudi Capital Market Authority (CMA)
Customer notesAl Rajhi Capital follows a conservative investment policy, and does not allow users to buy stocks that its lists classify as non-compliant with Sharia standards.
In contrast, most other trading platforms provide alerts showing a stock's Sharia status, leaving the investor free to decide whether to go through with the trade
Derayah Financial
Derayah Financial is the third-largest broker in the Kingdom. Derayah Financial lets you trade in the Saudi stock market either through the website or the app.
Key differentiators:
- Instant withdrawal and deposit, commission-free.
- Trade through the app or the website.