Al Rajhi Capital Forex Broker

Al Rajhi CapitalReview SummaryFounded2009Registered Country/RegionSaudi ArabiaRegulationNo regulationMarket InstrumentsShares, Asset Management, Mutual FundsDemo Account/Leverage/Spread/Trading PlatformAl Rajhi Capital APP, phone trading, eTadawulMin Deposit10 SARCustomer SupportPhone: +966 92000 5856Email: customerservice@alrajhi-capital.saFax: +966 11 4600 625eTadawul “Message Center” Al Rajhi Capital was registered in 2009 in Saudi Arabia, offering shares and mutual funds trading via its proprietary trading APP. Besides, it also provides asset management services. However, it is not regulated currently.Pros and ConsPros Cons Multiple channels for customer supportLack of regulationProprietary trading platformsLimited info about account featuresLow minimum depositIs Al Rajhi Capital Legit? Al Rajhi Capital is not regulated by the financial services regulatory authority in Saudi Arabia, which means that the company lacks regulation from its registration site. However, the current status shows that it is normal.What Can I Trade on Al Rajhi Capital?Tradable Instruments Supported Shares✔Mutual Funds✔Forex❌Commodities❌Indices❌Cryptos❌Bonds❌Al Rajhi Capital Commissions The minimum commission is $1.8 per transaction.Trading Platform Al Rajhi Capital uses its own trading APP. Moreover, other trading channels include phone trading and eTadawul.