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No Regulation
Score
1.52 /10
Danger
Derayah
Influence
A
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index7.07
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2024-12-23
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Derayah Review Summary | |
| Founded | 2009 |
| Registered Country/Region | Saudi Arabia |
| Regulation | Unregulated |
| Market Instruments | Stocks, Bonds, Futures Contracts, Options |
| Demo Account | Not mentioned |
| Leverage | Not mentioned |
| Spread | Not mentioned |
| Trading Platform | Derayah Platform, Derayah Global Platform |
| Min Deposit | Not mentioned |
| Customer Support | Phone 920024433,00966920024433, fax 0112998071 |
| Email support@derayah.com | |
Derayah 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 Cons
| Pros | Cons |
| Plenty of investment choices for the regional market | No valid regulatory certificates |
| Two trading platforms (Derayah Platform and Derayah Global Platform) | Limited asset classes |
| International markets available | |
| Multiple 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 Instruments | Supported |
| Stocks | ✔ |
| 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.
| Markets | Fees | Minimum Charges |
| TASI | 0.155% | 0.01 SAR |
| Nomu | 0.155% | 0.01 SAR |
| Single Stock Options | 6.50 SAR pre contract | 6.50 SAR |
| Sukuk and Bonds | 0.08% | 100 SAR |
Trading Platform
Derayah offers two trading platforms: Derayah Platform and Derayah Global Platform.
| Trading Platform | Supported | Available Devices | Suitable for |
| Derayah Platform | ✔ | Not mentioned | Investors of all experience levels |
| Derayah Global Platform | ✔ | Not mentioned | Investors of all experience levels |
| MT5 | ❌ | ||
| MT4 | ❌ |
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