RIYAD CAPITAL Company

Riyad Capital Forex Broker - Complete Information Guide

1. Broker Overview

Riyad Capital is a prominent investment company in Saudi Arabia, established in 2008. The firm is headquartered in Riyadh, specifically at 2414 Al Shohada District, Unit No. 69, Riyadh 13241 – 7279, Saudi Arabia. As a subsidiary of Riyad Bank, Riyad Capital operates as a private joint-stock company. Over the years, it has evolved into a leading player in the financial services sector, providing a wide range of investment solutions to both retail and institutional clients.

Riyad Capital primarily serves the Saudi Arabian market, offering services that cater to individual investors, corporations, and institutional clients. The company's service portfolio includes asset management, brokerage services, and investment banking, making it a comprehensive financial institution.

Since its inception, Riyad Capital has achieved several milestones, including obtaining regulatory approval from the Saudi Capital Market Authority (CMA), which has allowed it to operate as a licensed broker. Their diverse range of financial products includes stocks, exchange-traded funds (ETFs), sukuk, bonds, and asset management solutions, catering to a broad spectrum of investment needs.

Riyad Capital's business model encompasses various services, including retail forex trading, institutional services, and asset management, which positions it as a versatile player in the financial markets. The Riyad Capital broker is committed to providing innovative solutions and maintaining high standards of service for its clients.

2. Regulatory and Compliance Information

Riyad Capital operates under the supervision of the Saudi Capital Market Authority (CMA), which is the primary regulatory body overseeing financial markets in Saudi Arabia. The firm's regulatory license number is 07070-37. This license ensures that Riyad Capital adheres to strict compliance standards, promoting transparency and investor protection.

The CMA license is valid for the scope of brokerage services, allowing Riyad Capital to facilitate trading in various financial instruments, including equities and bonds. The firm is also committed to maintaining the segregation of client funds, ensuring that investor assets are protected and managed separately from the company's operational funds.

In terms of investor protection, Riyad Capital participates in compensation schemes that safeguard clients' assets in the event of insolvency. The firm follows robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, ensuring that all client identities are verified and that suspicious activities are reported to the relevant authorities.

3. Trading Products and Services

Riyad Capital offers a diverse array of trading products, making it a comprehensive choice for investors. The broker provides access to a wide range of forex currency pairs, including major, minor, and exotic currencies. Clients can trade various currency pairs, enhancing their trading strategies with a broad selection of options.

In addition to forex, Riyad Capital offers Contracts for Difference (CFDs) across several asset classes, including indices, commodities, stocks, and cryptocurrencies. This extensive product range enables traders to diversify their portfolios and explore different market opportunities.

Riyad Capital continuously updates its product offerings, ensuring that clients have access to the latest financial instruments and trading options. The firm also provides retail trading services, allowing individual investors to engage in the markets with ease. For institutional clients, Riyad Capital offers tailored services that meet their specific trading and investment needs.

Furthermore, Riyad Capital provides white label solutions for businesses looking to enter the financial markets under their own brand. The broker also offers comprehensive asset management services, catering to both individual and institutional investors seeking professional management of their investment portfolios.

4. Trading Platforms and Technology

Riyad Capital supports the widely-used MetaTrader 4 (MT4) platform, providing traders with a robust and user-friendly environment for executing trades. The platform is known for its advanced charting capabilities, technical analysis tools, and automated trading options, making it suitable for both novice and experienced traders.

In addition to MT4, Riyad Capital has developed its own proprietary trading platform, which offers a seamless trading experience across desktop and mobile devices. This platform is designed to meet the needs of modern traders, providing access to real-time market data, advanced order types, and customizable interfaces.

Riyad Capital also offers a web-based trading platform, enabling clients to trade directly from their browsers without the need for software installation. The mobile application is available for both iOS and Android devices, ensuring that traders can manage their investments on the go.

The broker employs an ECN (Electronic Communication Network) execution model, which facilitates direct market access and enhances trade execution speed. The firm's servers are strategically located to optimize connectivity and reduce latency, ensuring that clients receive the best possible trading conditions.

For technologically savvy traders, Riyad Capital provides API access for automated trading, allowing clients to integrate their trading systems with the broker's infrastructure. This feature is particularly beneficial for algorithmic traders seeking to implement complex trading strategies.

5. Account Types and Trading Conditions

Riyad Capital offers various account types to cater to different trader needs. The standard account requires a minimum deposit of $0, making it accessible for beginners. This account type features competitive spreads, with a trading commission of 0.155% of the traded value.

For more experienced traders, Riyad Capital provides premium accounts, which may offer enhanced features such as lower spreads and additional trading tools. The broker also offers Islamic accounts that comply with Sharia law, ensuring that clients can trade without incurring interest.

The firm allows clients to open demo accounts for practice purposes, enabling them to explore the trading platform and refine their strategies without risking real capital. Leverage options vary across different products, typically ranging from 1:100 to 1:500, depending on the asset class.

Riyad Capital has a transparent policy regarding overnight fees, which are applied to positions held past the trading day. Clients are informed of these fees upfront, ensuring there are no surprises in their trading costs.

6. Fund Management

Riyad Capital supports various deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, with the standard account having no minimum deposit.

Deposit processing times are generally swift, with most transactions being completed within 1-3 business days. Riyad Capital does not charge deposit fees, allowing clients to fund their accounts without incurring additional costs.

For withdrawals, clients can choose from multiple methods, including bank transfers and electronic wallets. Withdrawal processing times typically range from 1 to 5 business days, depending on the method selected. The broker maintains a transparent fee structure, with withdrawal fees applicable based on the chosen method.

Riyad Capital emphasizes the importance of efficient fund management, ensuring that clients have easy access to their funds while maintaining high security standards.

7. Customer Support and Educational Resources

Riyad Capital provides comprehensive customer support through various channels, including telephone, email, online chat, and social media. The support team is available during business hours, ensuring that clients can receive assistance when needed.

The broker offers multilingual support, catering to a diverse client base. Available languages include Arabic and English, among others, ensuring effective communication with clients from different backgrounds.

Riyad Capital is committed to educating its clients through a range of resources, including webinars, tutorials, and e-books. These educational materials cover various trading topics, helping clients enhance their trading skills and knowledge.

In addition to educational resources, Riyad Capital provides market analysis services, including daily market updates, news, and research reports. This information helps clients stay informed about market trends and make educated trading decisions.

The broker also offers various trading tools, such as calculators, economic calendars, and signal services, empowering clients to enhance their trading strategies and improve their overall trading experience.

8. Regional Coverage and Restrictions

Riyad Capital primarily serves the Saudi Arabian market, with a strong presence in the region. The broker has established regional offices to cater to clients across the country, ensuring localized support and services.

While Riyad Capital is focused on the Middle Eastern market, it also offers services to international clients. However, there are certain countries from which the broker does not accept clients, although specific details on prohibited countries are not publicly disclosed.

The firm adheres to local regulations and compliance requirements, ensuring that its operations are in line with the legal framework governing financial services in the Kingdom of Saudi Arabia.

In summary, Riyad Capital is a reputable broker providing a wide range of financial services and products. With its robust regulatory framework, diverse trading offerings, and commitment to client education, the Riyad Capital broker stands out as a leading choice for investors looking to navigate the financial markets effectively.