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Saudi Arabia’s largest independent brokerage platform has eliminated trading commissions for domestic equity transactions, marking the first such move in the Kingdom’s financial market. Derayah Financial announced the zero-commission model as part of its strategy to expand retail investor participation and reduce trading costs across the Saudi market.
Digital Trading Leadership
The commission-free structure builds on Derayah’s earlier launch of zero-commission trading in the U.S. market during 2024, creating what the company describes as a comprehensive value proposition spanning both Saudi and American markets. The firm positions itself as leveraging long-standing expertise through integrated digital platforms that rank among the most advanced in the Saudi market.
Derayah’s move represents a significant shift in the Kingdom’s brokerage landscape, where the company has maintained leadership in digital investing through what it characterizes as first-to-market solutions that have reshaped the Saudi investment environment. The platform combines this fee elimination with what the company describes as best-in-class customer experience across its trading infrastructure.
Vision 2030 Alignment
The zero-commission model directly supports Saudi Arabia’s Vision 2030 objectives for financial sector development and enhanced financial inclusion. Derayah explicitly aligned its decision with the national transformation program’s goals to broaden access to financial services and investment opportunities across the Kingdom.
The company frames its approach around making investing “simple, affordable, and accessible to all,” reflecting the broader Vision 2030 emphasis on expanding participation in the Kingdom’s financial markets. This initiative follows the government’s ongoing efforts to diversify the economy and strengthen the domestic financial services sector.
Market Impact
As the Kingdom’s largest independent brokerage platform, Derayah’s elimination of trading fees could influence competitive dynamics across Saudi Arabia’s financial services sector. The move extends the company’s track record of introducing innovative business models that provide traders with greater flexibility and reduced costs.
The commission-free structure applies specifically to Saudi equity market transactions, complementing the firm’s existing zero-commission offering in U.S. markets. This dual-market approach positions Derayah to serve clients seeking exposure to both domestic Saudi opportunities and international investment options through American markets.
Sources: Saudi Gazette
