30.05.2024, 00:14
A comparison between Al Rajhi’s trading commission and the commissions of other banks in Saudi Arabia
Al Rajhi's trading commission is competitive compared to other banks in Saudi Arabia. As we mentioned above, the commission at Al Rajhi is 0.155% of the transaction value, which is equivalent to 15.5 riyals for every 10,000 riyals of the transaction value.
As for the other banks, they are close in percentage with some slight differences:
عمولة بيع الاسهم
Riyad Bank: The commission is also 0.155%, i.e. 15.5 riyals for every 10,000 riyals.
National Commercial Bank: The same rate is 0.155%, while providing additional services such as the ability to trade in global markets.
Bank Al Bilad: Offers a similar commission of 0.155%, with additional features such as high security in online trading operations.
In terms of competition, stock trading fees at Saudi banks appear to be very similar, with little variation in services provided to clients which may include advanced trading tools or support for trading in global markets.
Choosing a bank does not depend only on the trading commission, but choosing the optimal bank depends on the individual needs of the investor and the services he prefers.
Al Rajhi's trading commission is competitive compared to other banks in Saudi Arabia. As we mentioned above, the commission at Al Rajhi is 0.155% of the transaction value, which is equivalent to 15.5 riyals for every 10,000 riyals of the transaction value.
As for the other banks, they are close in percentage with some slight differences:
عمولة بيع الاسهم
Riyad Bank: The commission is also 0.155%, i.e. 15.5 riyals for every 10,000 riyals.
National Commercial Bank: The same rate is 0.155%, while providing additional services such as the ability to trade in global markets.
Bank Al Bilad: Offers a similar commission of 0.155%, with additional features such as high security in online trading operations.
In terms of competition, stock trading fees at Saudi banks appear to be very similar, with little variation in services provided to clients which may include advanced trading tools or support for trading in global markets.
Choosing a bank does not depend only on the trading commission, but choosing the optimal bank depends on the individual needs of the investor and the services he prefers.