Comparison between Al Rajhi Trading Commission and other banks’ commissions in Saudi Arabia

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Comparison between Al Rajhi Trading Commission and other banks’ commissions in Saudi Arabia

Al Rajhi Trading Commission is considered competitive compared to other banks in Saudi Arabia. As mentioned above, the commission at Al Rajhi is 0.155% of the transaction value, equivalent to 15.5 riyals for every 10,000 riyals of the transaction value.

As for other banks, they are close in percentage with some slight differences:

Riyadh Bank: The commission is also 0.155%, equivalent to 15.5 riyals for every 10,000 riyals.
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National Commercial Bank: The same percentage of 0.155%, with the provision of additional services such as the ability to trade in global markets.

Bank Albilad: 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 in Saudi banks seem very close, with a slight difference in the services provided to customers, which may include advanced trading tools or support for trading in global markets.

Choosing a bank does not depend on the trading commission alone, but rather choosing the best bank depends on the individual needs of the investor and the services he prefers.