Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
Дмитрий
Within 1 year

How do the different account types provided by Derayah compare to each other?

Broker Issues
Derayah
Leverage
Platform
Instruments
Account
04-17
United States
WikiFX
Reply

Based on my direct experience reviewing Derayah, one thing that immediately stands out is the absence of conventional forex or CFD account types as found with most global brokers. Instead, the main options presented are the Derayah Platform and Derayah Global Platform, both of which aim to provide access to stocks, bonds (including Islamic Sukuk), futures, and options. For me, as a trader accustomed to multi-asset and leveraged accounts, this was a critical distinction and influenced how I evaluated their offering for my own trading needs. I want to emphasize that neither platform supports forex, commodities, mutual funds, ETFs, or cryptocurrencies. The Derayah Platform seems intended for regional markets, specifically the Saudi Stock Exchange and affiliated products, while the Global Platform offers connectivity to international equities and select derivatives like options and futures in U.S. markets. From a practical standpoint, this means that, unlike with other brokers, I do not have the flexibility to trade currency pairs or diversify into various asset classes from a single account. Additionally, there are no published differences regarding leverage, spreads, or minimum deposits, points which I always consider before opening an account. Transparency on costs is limited, though I did note that stock trading fees are relatively straightforward—a percentage of trade value for Saudi stocks, and per-contract charges for options. Crucially, because Derayah is unregulated by recognized financial authorities, I personally exercise additional caution regarding client fund protection and dispute resolution. In summary, the main comparison between account types at Derayah is centered on market access (regional vs. global), but both operate with notable limitations and lack the oversight I expect as standard within the industry.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com