Derayah
A CMA-licensed Saudi digital investment platform whose app lets residents trade Saudi, GCC and international stocks, subscribe to IPOs and buy mutual funds, a common route for expats with an Iqama who want to invest locally.
About Derayah
Derayah Financial is a Saudi investment company established in 2009 and licensed by the Capital Market Authority (CMA). It describes itself as an independent digital investment platform covering brokerage, asset management and digital wealth management. The company listed its own shares on the Main Market of the Saudi Exchange in March 2025 under the ticker 4084. Its Derayah Trade and Invest app is available in English and Arabic on iOS and Android.
Key Features
- Market Access: Trade stocks, sukuk, bonds, derivatives and other instruments on Saudi, GCC and international markets from one app.
- IPO Subscriptions: Subscribe to initial public offerings directly in the app.
- Mutual Funds: A fund platform listing dozens of funds under a single account.
- Research Tools: Live prices, market depth, interactive charts, daily news and performance reports.
How to Get Started
- Open a Saudi bank account first, since a local account is needed to fund a trading account.
- Download the Derayah Trade and Invest app and choose to open a new account.
- Enter your Iqama or national ID details, employment and income information and complete the identity checks.
- Once the account is approved, transfer funds from your bank and start trading or subscribing to funds.
Expats generally need a valid Iqama and a Saudi bank account to open a brokerage account, and eligibility for some products may differ by residency status. Trading commissions on Saudi stocks are charged per trade, and VAT applies to broker commissions. Investments can lose value, and margin financing increases risk, so read the product terms and current fee schedule before investing.
❓ Frequently Asked Questions
Does Derayah work with a foreign bank card in Saudi Arabia? Not reliably — a foreign card may be declined. Check the notice above, or plan to use a local payment method.
Is Derayah available in English? Yes, Derayah has an English-language interface.
Do I need a local phone number to use Derayah? Yes, Derayah requires a local phone number to register.
Do I need local ID or residency for Derayah? Yes, Derayah requires local ID or residency status.