About Derayah
Overview
Derayah is a digital investment platform based in Saudi Arabia, operating under the name Derayah Financial Company. The firm was established in 2009 (according to its description) and is registered in Jeddah with commercial registration 1010266977. It positions itself as a leading independent digital investment platform in the kingdom, offering access to both local and international markets.
Despite its claims of authorization by the Saudi Capital Market Authority (CMA), independent verification from regulatory records shows no registered regulation. This discrepancy marks a key point for prospective clients to consider.
Markets and Instruments
Derayah provides two main avenues for trading. The Derayah Platform focuses on local and regional markets, including the Saudi Stock Exchange (TASI), Nomu, and exchanges in the UAE, Egypt, Oman, Kuwait, Qatar, and Bahrain. The Derayah Global Platform opens up 46 markets worldwide, including major exchanges in the US, Europe, and Asia.
Tradable instruments include stocks, ETFs, options, bonds, Sukuk, single stock futures, and index futures. The broker also offers margin trading through its Global Plus account tier, with up to 1:3 leverage. Fractional shares are available for US stocks, and Shariah-compliant investment options are highlighted.
Accounts and Fees
Derayah markets itself with low entry barriers, stating a minimum deposit of just 1 SAR. Fees are presented as competitive, with zero commission on US stocks and ETFs in the Global platform. Other markets have commission rates of around 0.199% per trade, with minimums varying by currency. There is no mention of inactivity fees or withdrawal charges.
Currency conversion between SAR and USD is claimed to be fee-free, and instant funding is supported via Apple Pay. The broker also offers multiple sub-accounts for family members at no extra cost.
Regulatory Status
Our records indicate that Derayah is not regulated by any financial authority. Although the broker's terms of business reference a CMA license (No. 27-08109), we were unable to confirm this through official regulatory registers. This absence of verifiable oversight means that traders do not have access to investor protection schemes or dispute resolution mechanisms common with regulated brokers.
This is a significant factor in our risk assessment. The broker does not disclose being under the supervision of any financial regulatory body on its main website, relying instead on its own compliance claims.
Target Audience
Derayah is clearly aimed at investors based in Saudi Arabia and the broader MENA region. Its platforms and marketing materials are in both English and Arabic, and it emphasizes familiarity with local markets and Shariah compliance. The low minimum deposit and zero-commission US stocks appeal to cost-conscious retail investors.
However, the lack of forex or CFD trading means it is not suitable for traders seeking those instruments. It is best positioned as a stock and ETF brokerage for long-term investors rather than active forex traders.
Overview compiled by FXCanary from regulatory records and public data. full Derayah review