Saudi Fransi Capital foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.sfc.sa/sfcpa/, about the company's legal and temporary regulatory information, the company's address 8092 King Fahd Road-Riyadh 12313-3735-Kingdom of Saudi Arabia.
Saudi Fransi Capital, established in 1985, is a prominent financial services provider headquartered in Riyadh, Saudi Arabia. This company operates as a private entity and is a wholly-owned subsidiary of Banque Saudi Fransi, a well-known banking institution in the region. Saudi Fransi Capital primarily serves a diverse clientele, including individual investors, institutional clients, and corporations, offering a range of services tailored to meet their financial needs.
Over the years, Saudi Fransi Capital has marked significant milestones in its development. Initially, it began offering securities brokerage services in Saudi equities shortly after its inception. By 2008, the firm had expanded its operations to include asset management and investment banking advisory services. In 2011, various entities merged to form Saudi Fransi Capital, enhancing its capability to deliver comprehensive financial solutions.
The business model of Saudi Fransi Capital encompasses retail forex trading, institutional services, and a variety of financial products, including asset management, investment banking, and brokerage services. This broad range of offerings positions Saudi Fransi Capital as a versatile player in the financial market, catering to both local and international investors.
Saudi Fransi Capital operates in a regulatory environment that raises some concerns. Currently, the firm is unregulated, lacking oversight from major regulatory bodies. This absence of regulation is critical for potential investors and traders to consider, as it implies a higher level of risk associated with trading through this broker.
The company does not hold any specific regulatory license numbers, which is a significant factor to note. Additionally, it does not participate in any investor compensation schemes, which typically provide a safety net for clients in the event of broker insolvency.
In terms of compliance, Saudi Fransi Capital has implemented Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. These measures are essential for verifying the identity of clients and preventing illegal activities, but the lack of regulatory oversight still poses potential risks for investors.
Saudi Fransi Capital offers a diverse range of trading products and services, making it an attractive option for various types of traders. The broker provides access to a selection of forex currency pairs, although the exact number of pairs available is not specified in the sources.
In addition to forex trading, clients can also engage in Contract for Difference (CFD) trading across various asset classes, including indices, commodities, stocks, and cryptocurrencies. The broker frequently updates its product offerings, although specific details on the frequency of updates or new products introduced were not provided.
For retail traders, Saudi Fransi Capital offers comprehensive trading services, while institutional clients can benefit from tailored solutions designed to meet their unique investment needs. The broker also provides asset management services, catering to both individual and institutional investors.
Saudi Fransi Capital does not support MetaTrader 4/5, which are popular trading platforms among forex traders. Instead, the broker has developed its own proprietary trading platforms. The BSF Capital Tadawul platform allows clients to access local and international markets, featuring advanced brokerage tools, live streaming prices, and portfolio management capabilities.
The broker also offers a mobile application compatible with both iOS and Android devices, facilitating trading on the go. This mobile platform provides users with access to essential trading features and analytical tools.
Saudi Fransi Capital operates with a Market Making execution model, which can impact the pricing and spread offered to traders. The firm has invested in robust technological infrastructure to ensure reliable trade execution and data management, although specific details regarding server locations and API access for automated trading were not disclosed.
Saudi Fransi Capital offers several account types to cater to different trading preferences and experience levels. The standard account typically requires a minimum deposit of $0, with spreads and commissions varying based on the trading conditions.
For advanced traders, VIP or professional accounts may be available, although specific details about these account types were not provided. The broker also offers Islamic accounts to accommodate traders who require Sharia-compliant solutions.
A demo account is available for clients wishing to practice their trading skills without financial risk. The broker provides a leverage range that varies by product, allowing traders to amplify their positions according to their risk appetite.
Overnight fees apply, but specific details about these fees were not disclosed in the available information.
Saudi Fransi Capital supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, with a standard account starting at $0.
Deposit processing times are generally swift, although specific timelines were not detailed. The broker does not charge deposit fees, making it cost-effective for clients to fund their accounts.
For withdrawals, clients can utilize similar methods as deposits, but there may be restrictions or fees associated with certain withdrawal methods. The processing time for withdrawals can vary, and specific details regarding withdrawal fees were not provided.
Saudi Fransi Capital offers multiple channels for customer support, including phone, email, and online chat. The support team is available during business hours, although specific service times and time zone coverage were not mentioned.
The broker provides support in multiple languages, catering to a diverse clientele. In addition to customer service, Saudi Fransi Capital offers educational resources, including webinars, tutorials, and eBooks, to help traders enhance their knowledge and skills.
Market analysis services are also available, providing clients with daily insights, news updates, and research reports to inform their trading decisions. Various trading tools, such as calculators and economic calendars, are offered to assist traders in their activities.
Saudi Fransi Capital primarily serves the Saudi Arabian market, with regional offices located throughout the kingdom. The firm also caters to international clients, although specific details regarding the geographical distribution of its offices were not provided.
Certain countries may be restricted from accessing Saudi Fransi Capital's services, although the exact locations were not disclosed. Investors should be aware of these limitations when considering this broker for their trading needs.
In conclusion, while Saudi Fransi Capital provides a range of financial services and products, potential clients should carefully consider the lack of regulatory oversight and the associated risks. It is essential to conduct thorough research and evaluate all available options before engaging with this broker.
胡丹
Saudi Arabia
They induced clients by profit screenshots and asked them to transfer fund to the Arabian,French accounts,etc.
Exposure
2019-11-25