ALISTITHMAR CAPITAL Forex Broker

Alistithmar Capital Forex Broker - Complete Information Guide

1. Broker Overview

Alistithmar Capital, officially known as Alistithmar for Financial Securities and Brokerage Company, was established in 2007. The company is headquartered in Riyadh, Saudi Arabia, and operates as a closed joint-stock subsidiary of the Saudi Investment Bank (SAIB). Alistithmar Capital focuses on providing a wide array of financial services, including brokerage, asset management, investment banking, and advisory services, primarily targeting clients within the Kingdom of Saudi Arabia (KSA).

Since its inception, Alistithmar Capital has adhered to a client-centric and value-investing philosophy. The company has achieved significant milestones, such as the successful launch of the Kaden Alistithmar Fund in 2021, which focused on acquiring prime mixed-use real estate in Riyadh. This fund raised operational capital within 24 hours and delivered impressive returns, achieving a 56% net return on equity within just 18 months.

With a paid-up capital of $66.7 million, Alistithmar Capital has established itself as a significant player in the Saudi financial market. The company primarily serves retail and institutional clients, offering tailored investment solutions to meet diverse financial needs. As a comprehensive financial services provider, the Alistithmar Capital broker combines traditional brokerage services with innovative investment strategies to enhance client wealth.

2. Regulatory and Compliance Information

Alistithmar Capital is regulated by the Saudi Capital Market Authority (CMA), holding the license number 11156-37. The company is committed to maintaining high regulatory standards and adheres to the regulations set forth by the CMA. The license is valid for the provision of brokerage services, investment management, and advisory services.

In terms of compliance, Alistithmar Capital implements stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to ensure the integrity of its operations. The company prioritizes the security of client funds, maintaining a policy of segregated accounts to protect investors' assets. Furthermore, Alistithmar Capital does not participate in any investor compensation schemes, which clients should be aware of when considering their investment options.

The companys commitment to compliance extends to various legal entities across different regions, ensuring that all operations align with local regulations. Clients can trust that Alistithmar Capital operates within a robust regulatory framework, safeguarding their investments and adhering to industry standards.

3. Trading Products and Services

Alistithmar Capital offers a diverse range of trading products and services tailored to meet the needs of its clients. The broker provides access to a variety of forex currency pairs, including major, minor, and exotic pairs, catering to different trading strategies.

In addition to forex trading, Alistithmar Capital offers Contracts for Difference (CFDs) across several categories, including:

• Indices: Access to major global indices.
• Commodities: Trading opportunities in precious metals, energy, and agricultural products.
• Stocks: A selection of shares from prominent companies.
• Cryptocurrencies: Exposure to popular digital currencies.

The company is dedicated to keeping its product offerings updated, regularly introducing new instruments based on market demand and trends. Alistithmar Capital's retail trading services are complemented by institutional client offerings, which include tailored solutions for asset management and white-label services.

The firm's asset management division delivers discretionary portfolio management services, where expert fund managers create investment strategies aligned with clients' risk profiles and financial goals. This comprehensive approach makes Alistithmar Capital a versatile broker, capable of serving various client segments effectively.

4. Trading Platforms and Technology

Alistithmar Capital supports MetaTrader 4 (MT4), a widely recognized trading platform known for its user-friendly interface and advanced trading features. The broker also offers a proprietary trading platform, enhancing the trading experience for its clients.

For clients who prefer web-based trading, Alistithmar Capital provides a robust web trading platform that allows for seamless trading without the need for software installation. Additionally, mobile trading applications are available for both iOS and Android devices, enabling clients to trade on the go.

Alistithmar Capital utilizes an ECN (Electronic Communication Network) execution model, ensuring fast and transparent trade execution. The brokers technical infrastructure is supported by servers located in the United States, providing clients with reliable access to global markets.

The company also offers API access for automated trading, allowing clients to integrate their trading systems with Alistithmar Capital's platform. This flexibility supports various trading strategies, making it a suitable choice for both retail and institutional traders.

5. Account Types and Trading Conditions

Alistithmar Capital offers several account types to accommodate different trading preferences and needs:

• Standard Account: Requires a minimum deposit of SAR 1,000, with competitive spreads and no commission fees.
• VIP Account: Designed for high-volume traders, offering lower spreads and personalized customer support.
• Islamic Account: Compliant with Sharia law, providing interest-free trading options for Muslim clients.
• Corporate Account: Tailored for businesses seeking to manage their investments effectively.

The broker provides a demo account for clients to practice trading strategies without financial risk. Leverage varies depending on the asset class, with forex trading offering leverage up to 1:100. The minimum trade size is 0.01 lots, ensuring flexibility for traders of all levels.

Alistithmar Capital applies overnight fees based on the positions held, which clients should review to understand the potential costs associated with their trading strategies.

6. Fund Management

Alistithmar Capital supports various deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, with the standard account starting at SAR 1,000.

Deposits are typically processed within 1-2 business days, ensuring quick access to trading funds. Alistithmar Capital does not charge any deposit fees, making it cost-effective for clients to fund their accounts.

Withdrawal methods include bank transfers and e-wallets, with processing times generally ranging from 1 to 3 business days. The broker has a transparent fee structure for withdrawals, which clients should review to avoid any unexpected charges.

7. Customer Support and Educational Resources

Alistithmar Capital provides a comprehensive customer support system, accessible through multiple channels, including telephone, email, and live chat. The support team is available during business hours, providing assistance in both Arabic and English.

The broker offers various educational resources, including webinars, tutorials, and e-books to help clients improve their trading skills. Additionally, market analysis services are available, providing clients with daily insights, news updates, and research reports to support informed trading decisions.

Clients can also access various trading tools, such as calculators, economic calendars, and signal services, enhancing their trading experience and decision-making process.

8. Regional Coverage and Restrictions

Alistithmar Capital primarily serves clients in the Kingdom of Saudi Arabia and the Gulf Cooperation Council (GCC) region. The broker has established a strong presence in these markets, with regional offices to support local clients effectively.

However, Alistithmar Capital does not accept clients from certain jurisdictions, including countries subject to international sanctions or restrictive regulations. Specific restrictions may apply, and potential clients should verify their eligibility before opening an account.

In summary, Alistithmar Capital stands as a reputable broker in the Saudi financial market, offering a wide range of services and products tailored to meet the diverse needs of its clients. With a commitment to regulatory compliance and client satisfaction, the Alistithmar Capital broker continues to enhance its offerings and support the growth of its clients' investments.