Alawwal Invest

Overview of Alawwal Invest

Regulation

Alawwal Invest operates as an unregulated entity, meaning it is not subject to the oversight and investor protection measures mandated for regulated financial institutions. This absence of regulatory oversight exposes clients to potential risks, as there are no official safeguards or compensation schemes in place. Investors should exercise caution and thoroughly assess the implications of dealing with an unregulated firm.

Pros and Cons

Alawwal Invest offers diverse investment options, professional asset management, and personalized services, but operates without regulatory oversight. Navigating their comprehensive offerings may prove complex, and their website is limited to Arabic and English languages. Clients must weigh the advantages against the lack of regulation, potential complexity, and language constraints.

Services

Alawwal Invest offers various financial services, including brokerage for local and global markets, asset management solutions like mutual funds and discretionary portfolios, global investment opportunities across international markets and asset classes, and personalized wealth management services for high-net-worth individuals. Here is an overview of four major service segments:

• Brokerage Services

• Asset Management

• Global Investment Solutions

• Wealth Management

Commissions

Alawwal Invest apply a clear commissions structure targeting various trading options. For local shares trading on the Saudi Stock Exchange (Tadawul), Alawwal Invest charges a formal commission of 0.155% on the executed value of traded shares. For example, on a transaction worth SAR 10,000, the commission would be SAR 15.50.

When it comes to fixed-income securities trading, the commissions vary. For local sukuk and bonds traded on Tadawul, there is a fixed commission of 0.085% of the traded bond value. However, for local fixed-income bonds not traded on Tadawul, the commission is 0.105% of the bond's traded value, with a minimum of SAR 750.

Alawwal Invest's commissions for international equity trading and options differ based on the markets. For U.S. markets, the commissions per share range from 5 cents to 8 cents, depending on the share price and number of shares traded. For U.S. options, the commissions per contract (1 contract = 100 shares) range from 3 cents to 5 cents, based on the contract price and number of contracts. There is a minimum ticket charge of $50 for both equities and options in U.S. markets.

In European markets, Alawwal Invest charges a commission of 0.8% on the principal amount, with a minimum commission per ticket of EUR 80. For GCC and MENA markets, the commissions vary by country, typically ranging from 75 to 100 basis points (0.75% to 1%) on the principal amount, with some markets having additional safekeeping fees.

For international sukuk and bonds, Alawwal Invest employs a tiered commission structure based on the transaction value. The total fees charged range from 250 basis points (2.5%) for transactions up to $500,000 to 100 basis points (1%) for transactions above $5,000,000 and their equivalents in other currencies.

In the end, Alawwal Invest encourages clients to contact them directly for more information on potential commission discounts.

Trading Channels

Alawwal Invest provides multiple trading options for its clients. For those who wish to trade online from the comfort of their home or office, the company offers RIA “web”, NetPlus, and the TWS (Trading Platform) platforms. Clients who prefer to trade online while on the move can use Saudi Fransi Capital's mobile apps for iPhone, iPad, and Android phones. Additionally, the company caters to clients who prefer trading over the phone by offering dedicated phone lines at a Central Share Trading Unit and dealer services at the Hofuf and Khamis Mushait branches. This diverse range of trading platforms and channels ensures that Saudi Fransi Capital can accommodate the varying needs and preferences of its client base.

Customer Support

Clients can reach the Alawwal Invest customer support team through email and phone channels, and follow the company on social media platforms such as X (formerly Twitter), Facebook, Instagram, YouTube, and LinkedIn.

Phone: +966 11-406-2828

Email: complaints@alawwalinvest.com

Social Media

X ( formerly Twitter)

• https://twitter.com/alawwalbank

Facebook

• https://www.facebook.com/alawwalbank

Instagram

• https://www.instagram.com/alawwalbank

YouTube

• https://www.youtube.com/user/alawwalbank

Linkedin

• https://www.linkedin.com/company/1304866

Conclusions

Overall, Alawwal Invest remains an unregulated entity, which is a significant consideration for potential clients. The company's comprehensive offerings and personalized approach may appeal to some investors, but the absence of official oversight and investor protection measures inherently increases the associated risks. Prospective clients must carefully weigh the advantages against the potential drawbacks before engaging with Alawwal Invest's services.

FAQs

Q: What investment services does Alawwal Invest offer？

A: Alawwal Invest provides brokerage services, asset management, global investment solutions, and wealth management services.

Q: Is Alawwal Invest a regulated financial institution？

A: No, Alawwal Invest operates as an unregulated entity without oversight from financial authorities.

Q: What are the risks associated with an unregulated firm like Alawwal Invest？

A: Dealing with an unregulated firm exposes clients to potential risks, as there are no official safeguards or investor protection measures in place.

Q: In which languages is Alawwal Invest's website available？

A:According to the information provided, Alawwal Invest's website is currently available only in Arabic and English.

Q: Does Alawwal Invest offer personalized financial services？

A: Yes, Alawwal Invest provides personalized wealth management services tailored to the needs of high-net-worth individuals.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.