About DRAHIM
Who is Drahim?
Drahim is an online forex and CFD broker registered in Saint Lucia, with an official website at drahim.trade. The broker was founded on January 30, 2026, and presents itself as a platform built by and for traders in the Middle East and North Africa, with a brand identity centred around the phrase 'voice of money'.
The broker offers retail trading services, including forex, indices, commodities, and other CFD instruments, via the MetaTrader 5 platform. It targets a broad audience, from beginners to professionals, with three account tiers designed to suit different experience levels and capital sizes.
Regulation and Registration
Drahim is registered in Saint Lucia, a jurisdiction known for its business-friendly regulations but not a major financial hub with stringent oversight. The broker claims on its website to hold licenses from the Financial Services Commission (FSC) of Mauritius and the Financial Services Regulatory Authority (FSRA) of Saint Lucia, but these claims have not been independently verified.
As of our assessment, no valid regulatory licences from any recognised authority were on file in our records. Traders should exercise caution, as the absence of verifiable regulation from a top-tier body such as the FCA, CySEC, or ASIC significantly reduces investor protection.
Account Types and Trading Conditions
Drahim offers three account types: Drahim, Emarati, and Sumow. The basic Drahim account requires a minimum deposit of $20, making it accessible for retail traders. It offers leverage up to 1:500, competitive spreads from 1.5 pips on major forex pairs, and no commission, along with the option of an Islamic (swap-free) account.
The Emarati account requires a $500 minimum deposit, and the Sumow account requires $3,000. Both retain the same maximum leverage of 1:500, though their specific spreads and commissions are not fully detailed on the website. The broker also claims to provide over 1,000 trading instruments across forex, indices, commodities, and more.
Platforms and Tools
The sole trading platform offered by Drahim is MetaTrader 5 (MT5), a widely recognised multi-asset platform. Traders can access MT5 on desktop, web, and mobile devices, with features including advanced charting, technical indicators, algorithmic trading via Expert Advisors, and depth of market.
The broker also offers a demo account for practice, as well as a variety of educational resources, though the extent of these is not fully outlined. The platform is available in multiple languages, including Arabic and English, reflecting the broker's regional focus.
Deposits and Withdrawals
Drahim supports a range of funding methods, including credit/debit cards, e-wallets, bank transfers, and cryptocurrencies. The broker states that all deposits and withdrawals are processed without fees, with instant processing for most methods, though bank transfers may take 1-3 business days.
The website claims that 100% of client funds are passed on to traders, with the broker covering transaction costs. The availability of cryptocurrency funding adds flexibility, but traders should be aware of potential volatility risks when using digital currencies.
Target Market and Risks
Drahim is primarily targeting retail traders in the Middle East and North Africa region, as evidenced by its Arabic-language website and culturally aligned branding. The low minimum deposit and high leverage appeal to novice traders, while the tiered account structure offers progression for more experienced users.
However, the combination of high leverage (up to 1:500) and the absence of verified regulation presents elevated risks. Traders should be particularly cautious, as unregulated brokers offer no recourse in cases of dispute or insolvency. FXCanary's risk score of 60 out of 100 reflects these concerns.
Overview compiled by FXCanary from regulatory records and public data. full DRAHIM review