If your first steps on the path to trading are with a fraudulent trading company in Saudi Arabia, there is no doubt that you will incur a lot of losses, so there are a number of factors that can be considered strong indicators that a company is fraudulent, including:
افضل شركة تداول في السعوديةThe company relies on a lot of unrealistic advertisements.
The company tries to lure customers with a very high bonus on the deposit amount, which may sometimes reach more than 300%.
Raising the ceiling of expectations for customers and giving them false promises to achieve imaginary amounts and profits in very short periods.
The lack of any educational content or resource for novice customers, and the company's lack of interest in providing it, as well as the lack of a demo account.
The fraudulent company uses unknown and difficult trading platforms to deal with and is not flexible or fast in executing orders.
The fraudulent company usually does not announce the entity that granted it the trading license, so we find a lot of evasion in announcing the licensing authority.