Derayah Forex Broker

Derayah Review SummaryFounded2009Registered Country/RegionSaudi ArabiaRegulationUnregulatedMarket InstrumentsStocks, Bonds, Futures Contracts, OptionsDemo AccountNot mentionedLeverageNot mentionedSpreadNot mentionedTrading PlatformDerayah Platform, Derayah Global PlatformMin DepositNot mentionedCustomer SupportPhone 920024433,00966920024433, fax 0112998071Email support@derayah.comDerayah Information Established in 2009, Derayah is an unregulated brokerage company registered in Saudi Arabia. This firm offers plenty of investment choices with its regional and global platforms. However, limited asset classes are available with this firm.Pros and ConsProsConsPlenty of investment choices for the regional marketNo valid regulatory certificatesTwo trading platforms (Derayah Platform and Derayah Global Platform)Limited asset classesInternational markets availableMultiple customer support options (Phone, fax, email)Is Derayah Legit? Derayah operates without regulation from any recognized financial authority.What Can I Trade on Derayah? Derayah presents a swath of investment options, including stocks, bonds (Sukuk (Islamic bonds) and conventional bonds), options, and futures. With this firm, you can invest in several financial institutions in the Middle East region, such as the Saudi Stock Exchange (TASI), Nomu, Single Stock Futures Contracts, and MT30 Index Futures Contracts. If you are interested in the international market, you can also invest in the New York Stock Exchange (NYSE), NASDAQ Exchange, and New York Stock Exchange MKT (NYSE MKT).Tradable InstrumentsSupportedStocks✔Futures✔Bonds✔Options✔Forex❌Commodities❌Mutual Funds❌ETFs❌Cryptocurrencies❌Derayah Fees Investment fees can take a bite out of your returns. Derayah claims to provide low-cost brokerage services. You can see the trading fees as below: For example, on the Saudi Stock Exchange (TASI) and Nomu, this firm charges 0.155% of the traded value, with a minimum fee of 0.01 SAR.MarketsFeesMinimum ChargesTASI0.155%0.01 SARNomu0.155%0.01 SARSingle Stock Options6.50 SAR pre contract6.50 SARSukuk and Bonds0.08%100 SARTrading Platform Derayah offers two trading platforms: Derayah Platform and Derayah Global Platform.Trading PlatformSupportedAvailable DevicesSuitable forDerayah Platform✔Not mentionedInvestors of all experience levelsDerayah Global Platform✔Not mentionedInvestors of all experience levelsMT5❌MT4❌